USDA Vs. FHA Pro and Con comparison in Holiday-Shores, Madison County, IL
In 2025, the USDA loan limit in Holiday-Shores, within Madison County, IL, is $285,000, while the FHA limit for a single-family home is $356,362.
Utilize the Lendersa® USDA loan calculator to compare the top rates available today for USDA and FHA, determining the income, credit score, reserves, and documentation required to qualify. Our comprehensive mortgage calculator offers a side-by-side view of USDA, FHA, Conforming, and VA loans to assist in deciding which program in is the best match for your financial needs.
2025 Loan Limits and Downpayment Requirements in Holiday-Shores, Madison County, IL
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Options for USDA and FHA Loans in Holiday-Shores, IL
Lendersa® strives to provide you with the best USDA or FHA loan quickly and without complications. Choose from three starting points to engage with lenders and explore USDA loan programs thoroughly.
The USDA home loan is backed by the U.S. government's Department of Agriculture and is also known as a USDA rural development loan or USDA mortgage. It is available exclusively in rural neighborhoods. USDA loans do not require any down payment, contrasting with FHA loans that require a minimum down payment of 3.5%.
We became Greensboro’s 1st Credit Union in 1928. We were formerly known as Greensboro Postal Credit Union or GPCU. While our offices are still in our founding group’s facilities, we are excited to open our doors to all of Greensboro and Guilford County. We will continue to support our founding group
Our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available today.
Beauregard Federal Savings Bank originally opened its doors for business as Beauregard Homestead Association in April of 1948. Our original building was located at 120 Jefferson Street in DeRidder, Louisiana. The original founders included Dr. J.D. Frazar, H.H. Pye, Cecil R. Middleton, Stuart S. Kay, and L.C. Lee.
First Street Federal Credit Union (formerly known as Boise Southern Employees FCU) has been open since 1970. The credit union has assets totaling $50.33 Million and provides banking services to more than 3, 000 members.
The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups.
FNBD has been serving Southwest Louisiana for over 85 years. With the largest market share of any bank in Beauregard Parish, we are continuing to build upon that foundation of financial stability in Calcasieu Parish & the surrounding areas. FNBD is committed to serving the residents & businesses of SWLA with superior service and professional.
InFirst Bank has a served the financial needs for local communities as an independent bank for 100 years. We have proudly remained headquartered in downtown Indiana since we opened in 1922. Originally chartered as a mutual institution, InFirst Bank was initially known as Indiana County Building & Loan Association.
Marion Center National Bank opened its doors during the summer of 1905. These one hundred plus years have seen many landmark events. When President Roosevelt ordered all banks to close on March 4, 1933 for the “Bank Holiday, ” MCNB pulled its door blind down half way and continued to operate.
We know why we’re here: to put you first. We do it by building long-term relationships with our customers and our employees. By reaching out to the communities we live and work in. By listening and helping to find the best solutions to get you to your financial goals.
Our success is built on creating an authentic community banking experience
