USDA VS FHA in Hillsboro, Montgomery County, IL

In 2025, USDA loan limit in Hillsboro, county of Montgomery, 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.

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2025 loan limits and downpayment requirments in Hillsboro, county of Montgomery, IL

Loan Type Loan Limit Down payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA loan options in Hillsboro, 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.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • Burling Bank
  • 141 West Jackson Boulevard, Chicago, IL, 60604
  • Burling Bank is a full-service, privately owned retail bank located in the heart of Chicago’s financial district. Burling Bank was founded on the desire to provide a higher level of personalized customer service & to treat all clients with discretion & respect. We offer a full suite of banking products & services to meet the deposit & credit needs.
  • U.S. Employees Credit Union
  • 230 S Dearborn Street, Suite 2962, Chicago, IL, 60604
  • USECU is member-owned, and not run by stockholders. Credit unions are not-for-profit organizations; therefore, we are able to pay higher dividends on deposit accounts, charge lower fees, and offer lower rates on loans. U.S. Employees Credit Union has been helping people achieve financial success since 1953.
  • Wintrust Bank, National Association
  • 231 S LaSalle St, Chicago, IL, 60604
  • Wintrust Bank offers banking solutions tailored to our customers, their needs, and our unique community. No matter what your financial need, we can help. But, we also go above and beyond basic banking solutions. We host financial education courses, hold community events and throw neighborhood cookouts. We believe a bank should be a true asset the a
  • Heritage Bank of Schaumburg
  • 1535 Schaumburg Road, Schaumburg, IL, 60194
  • Heritage Bank of Schaumburg is a community-oriented, independently owned financial institution that opened its doors for business on August 8, 1974. As one of the first financial institutions in the Schaumburg area, Heritage Bank services an established customer base, many of whom have banked with our institution for over ten years.
  • St. Jude Credit Union
  • 205 W Monroe Street, Floor 7, Chicago, IL, 60606
  • The St. Jude Credit Union is a not-for profit, member owned operated organization. We strive to provide the best possible financial services within our capabilities to our members in a timely manner. Our goal is to offer reasonable rates and maintain the credit union’s financial stability
  • Ivanhoe Capital Advisors
  • 6859 W. Addison, Chicago, IL, 60634
  • Ivanhoe Capital Advisors is a transaction advisory firm whose tailored solutions help small to mid-size companies and investors throughout the U.S. navigate complex transactions, from securing capital to restructuring existing capital, completing business and real estate acquisitions, and developing fiscal strategies
  • First Northern Credit Union
  • 230 West Monroe Street, Suite 2850, Chicago, IL, 60606
  • As a financial cooperative, First Northern Credit Union will serve the financial needs and strive to improve the financial well-being of its participating members. To continue growing as a successful community credit union by meeting the needs of our members. First Northern is a not-for-profit organization in northern Illinois,
  • Community Investment Corporation
  • 222 S. Riverside Plaza, Suite 380, Chicago, IL, 60606
  • COMMUNITY INVESTMENT CORPORATION, Chicago's Multifamily Rehab Lender, is a nonprofit providing mortgage financing to buy and rehab apartment buildings with five units or more in the 6-county metropolitan Chicago area. Since 1999 over 14, 000 landlords and managers have completed CIC property management training to help them better market, manage.
  • Chicagoland Mortgage Group LLC
  • 3351 West Harlem Avenue, Chicago, IL, 60634
  • 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
  • Aspire Capital, Inc
  • 155 North Wacker Drive, Suite 1600, Chicago, IL, 60606
  • Aspire Capital Fund, LLC is a private, long-only investment fund focused on making investments in US publicly traded biotechnology companies through the open market as well as direct investments including private placements, PIPEs, registered directs & public offerings.Founded 2010 Aspire Capital Fund, LLC is managed by Aspire Capital Partners, LLC
  • Renovo Financial
  • 222 W Adams St #1980, Chicago, IL, 60606
  • Founded in 2011, Renovo is the premier provider of financial and strategic support for real estate investors and property rehabbers who invest in and rehab single-family and small multi-family properties. Renovo powers the growth of its customers’ businesses and the communities they serve by providing timely capital, responsive customer service, an
  • Alliant Credit Union
  • 11545 W. Touhy Ave, Chicago, IL, 60666
  • Alliant is a not-for-profit financial cooperative, which means all of our members are also owners, and we constantly strive to foster our members’ financial well-being and serve their best interests. We offer award-winning rates, allowing our members to save more and earn more. Alliant also provides members with retirement and investment services.