USDA Vs. FHA Pro and Con comparison in Lawrenceville, Lawrence County, IL
As of 2025, the USDA loan cap in Lawrenceville, within Lawrence county, IL, is $336,500, whereas for a single-family home, the FHA cap is $472,030.
Utilize the Lendersa® USDA loan calculator to explore today's most favorable rates between USDA and FHA, and discover the required income, credit score, reserves, and documents needed for qualification. With our advanced mortgage tool, assess USDA, FHA, Conforming, and VA programs side by side to decide which option in best fits your financial situation.
2025 Loan Limits and Down Payment Requirements in Lawrenceville, Lawrence County, 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 Lawrenceville, IL
Lendersa® aims to swiftly secure the best USDA or FHA loan for you without any hassle. Pick any of the three starting steps to connect with lenders offering USDA loan programs.
A USDA loan, also known as a USDA rural development loan or mortgage, is guaranteed by the Department of Agriculture and is offered in rural areas only. Unlike FHA loans that necessitate a minimum down payment of 3.5%, USDA loans require no down payment, presenting a significant advantage for eligible rural borrowers.
Charleston Postal Federal Credit Union has been open since 1993. The credit union has assets totaling $4.65 Million and provides banking services to more than 800 members as of March 2022.
The credit union is a not-for-profit, member-owned financial cooperative providing services to government employee members.
Kemba Charleston is dedicated to serving its members through low loan rates, high returns and many other services. We serve the areas of Dunbar, Institute and Nitro. We also have numerous employee groups with our main one being Kroger. Find out how you can join today to take advantage of our numerous financial benefits.
340 E Huron Street, Suite 100, Ann Arbor, MI, 48104
UMCU is the only credit union headquartered in Ann Arbor, Michigan. It was established in 1954 with just 12 members and $9 in assets. Today, UMCU has more than 100, 000 members and more than $1 billion in assets, and it continues to grow. With nine offices in Ann Arbor, one branch in Ypsilanti, one branch in Dearborn and three branches in the Flint
Bank of Ann Arbor is a locally owned and operated bank with total assets and assets under management of over $2 billion, serving people and businesses throughout Washtenaw County and Plymouth. Bank of Ann Arbor is a community bank headquartered in downtown Ann Arbor with 8 locations throughout Southeast Michigan.
University Bank is an FDIC insured, locally owned and locally managed Community Bank primarily serving the cities of Ann Arbor and Ypsilanti of Washtenaw County, Michigan. The Community Banking operation focuses on local businesses, local residents, minorities and non-profit organizations.
National Community Bank is a locally owned community bank. We are deeply committed to the success and growth of local businesses and the financial prosperity of our customers in our community with extraordinary involvement in the communities we have served since 1975.We pride ourselves in our experienced staff of familiar local Bankers.
Capitol National Bank strives to become the community bank of choice in the markets we serve by offering customer solutions that result in long-term customer relationships, & enhanced shareholder value. Capitol National Bank opened its doors in downtown Lansing in 1982. Our mission was to serve the financial needs of small and mid size businesses.
LAFCU is proud to not only serve the community in which they have offices, but to also play an active role in making our community a better place to live. LAFCU encourages community involvement and its employees serve many organizations and committees on a volunteer leadership basis by sitting on their boards of directors.
