USDA Loan Vs. FHA loan pro & con for Highland, Madison County, IL

In 2025, USDA loan limit in Highland, county of Madison, IL is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

Get top 10
USDA LENDERS
customized to yout needes

USDA and FHA loan options in Highland, IL

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Illinois?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

(512) 358-6262 745 miles Lender's profile and map Reviews Vista Lending 1211 Baylor St, Austin, TX, 78703 At Vista Lending we take great care in providing you with financing solutions that fit your current needs and long-term goals. No two home owners are alike and we strive to educate you through financing options while providing a concierge level of service. You can expect that level of service to carry on after your closing.
(512) 789-6967 745 miles Lender's profile and map Reviews Texas Mortgage Source LLC 1300 West Lynn St, Suite 214, Austin, TX, 78703 Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
(904) 323-2593 745 miles Lender's profile and map Reviews Mortgage Management, LLC 2529 Universtiy Blvd. W., Jacksonville, FL, 32217 Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
(757) 857-5389 745 miles Lender's profile and map Reviews Norfolk Fire Department Federal Credit Union 4100 E Virginia Beach Boulevard, Norfolk, VA, 23502 The Norfolk Fire Department FCU was originally founded by Mr. Frank Talley and chartered on April 28, 1940 and organized as a cooperative financial institution. The credit union was originally founded to provide Firefighters and their families with an alternative to high cost financial services, which were available only through banks at that time.
(979) 725-9575 745 miles Lender's profile and map Reviews Hill Bank & Trust Co. 201 East Main Street, Weimar, TX, 78962 The Hill Bank and Trust Co. is an independent community bank pledged to maintain its financial independence and to provide quality banking services to the people, businesses and institutions of the Weimar, Texas area. We believe our most important assets are our customers and employees.
(757) 600-4222 745 miles Lender's profile and map Reviews Vantage Point Mortgage 615 San Pedro Dr, Chesapeake, VA, 23322 Vantage Point Mortgage have great rates and low fees, but we offer you so much more. One simple question guides us – “How will this particular home loan fit into your overall short and long-term financial and wealth building plans?” In the end, we’re here to serve you and your dreams.
(757) 635-0523 745 miles Lender's profile and map Reviews Cornerstone Home Mortgage, LLC 1020 Hillston Arch, Chesapeake, VA, 23322 Cornerstone Home Mortgage, LLC offers home mortgages, including conventional, FHA and VA loans in the Chesapeake, VA area. Cornerstone Home Mortgage, LLC will help you navigate the process of obtaining a home loan. We offer our clients the best rates with the lowest closing costs in the area.
(512) 472-3258 745 miles Lender's profile and map Reviews VATAT Credit Union 614 E 12th Street, Austin, TX, 78701 The VATAT Credit Union was founded in 1961 when it was organized for the benefit of its members, the Ag Science Teachers of Texas. In December of 1999, the credit union expanded the membership base to include the Texas Industrial Vocational Teachers and the Family Consumer Science Teachers of Texas.
(512) 474-1955 745 miles Lender's profile and map Reviews Public Employees Credit Union 306 East 10th Street, Austin, TX, 78701 Public Employees Credit Union has been open since 1952. The credit union has assets totaling $460.89 Million and provides banking services to more than 23, 000 members as of March 2022. The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
(888) 677-2526 745 miles Lender's profile and map Reviews HomeLife Mortgage 111 Congress Ave, Suite 500, Austin, TX, 78701 Our enduring history of delivering personalized service is built on one solid foundation: an unwavering commitment to delivering the highest quality service and exceed the expectations of our clients and business partners. We have helped thousands of new homeowners feel confident in their decision making.
(512) 256-9900 745 miles Lender's profile and map Reviews Fast Commercial Capital 600 Congress Avenue, 14th Floor, Austin, TX, 78701 FastCommercialCapital.com is a direct correspondent commercial bridge lender founded by experienced real estate operators and specialty finance processionals. FastCommercialCapital.com focuses on providing short term bridge loans, secured by first mortgages, on commercial and residential investment real estate.
(281) 460-8800 745 miles Lender's profile and map Reviews Texas Real Estate Finance, LLC 111 Congress Avenue, Suite 500, Austin, TX, 78701 Founded in late 2020 with a concept from 2018, Texas Real Estate Finance, LLC is a brand headquartered Austin, TX, and offers multiple real estate financing options for clients from first time homeowners to seasoned investors in the multifamily residential space. What makes TREF, LLC stand out from the retail lenders is a dedicated local team.