USDA and FHA Pro and Con in Havana, Mason County, IL
For 2026, the USDA loan ceiling in Havana, located within the county of Mason, IL, is $336,500. Meanwhile, the FHA limit for a single-family home stands at $472,030.
Make use of the Lendersa® USDA loan calculator to compare today's best rates for USDA and FHA loans, assessing the necessary income, credit profile, reserves, and paperwork needed for qualification. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA options side by side, assisting in determining the best program for your financial circumstances in .
2026 Loan Caps and Downpayment Essentials in Havana, Mason, IL
Loan Category
Loan Ceiling
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Available USDA and FHA Loan Opportunities in Havana, IL
The mission of Lendersa® is to secure the optimal USDA or FHA loan for you swiftly and without hassle. You may select one of three pathways to connect with lenders and explore USDA loan options.
The USDA home loan, backed by the U.S. Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is available only in rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, the USDA mortgage does not necessitate any down payment.
Havana National Bank, established in 1875, is a locally owned agricultural bank situated along the Illinois River in Havana, Illinois. During our 140 plus years of service to the communities we serve, we have focused on the farming community as our mainstay. This area of west central Illinois attributes a portion of its success.
MidAmerica National Bank has offices located in Canton, Cuba, Henry, Lewistown, & Macomb and provides full-service banking to its customers. Throughout its history, MidAmerica National Bank’s principal guiding force has been the desire to serve the community and its residents. We pride ourselves on our local decision making at each banking center.
Alliance Community Bank is a $325 million financial institution operating four full service bank locations in Menard and Sangamon Counties. Trust services as well as the non-insured ACB Wealth Management division compliment the full array of traditional FDIC insured banking products offered through the bank.
We are very proud to be a part of this great community! We are dedicated to providing our customers with the very best of personalized service by offering a wide array of financial products that can be tailored to fit your needs. As our track record shows, we have always felt the people of our community are the best investment we can make.
Glasford Bank can trace its roots back to July 15, 1900, when it opened with just two deposits. Originally known as Farmers and Traders Bank, it was located at the corner of Main and Hickory in a converted cigar factory. In 1905, the bank was relocated into a new brick building on the south side of Main Street.
On August 1st, 1870, the private banking firm of Petefish, Skiles & Co. Bank opened its doors for business in Virginia, IL. Samuel H. Petefish, Ignatius Skiles and Jacob Epler, all prominent local businessmen, started the firm with Richard Elliott as cashier. Mr. Epler retired after the first year and George Virgin was admitted to the firm.
West Central Bank proudly continues its tradition as a Community Bank. Officers, board members, and staff are very active in local civic, economic development, fraternal and religious organizations; they are a vital part of the communities that we serve. West Central Bank operates branches in Ashland, Beardstown, Rushville, and Springfield.
The term ""individual independence"" has been associated with and intertwined with Farmington and its development since before the city was platted in 1834.
A small band of Pottawatomi Indians, tired of continual warring and bloodshed, showed their independence when they left the rest of their tribe and settled in what is now Farmington
For over 100 years, that’s how banking has been at The First National Bank of Beardstown, Murrayville & Winchester. We’re dedicated to helping you in any way we can with a full line of financial products delivered by caring, experienced professionals. Thank you for choosing us for your financial needs.
