USDA Vs. FHA Pro and Con comparison in Le-Roy, McLean County, IL
In 2025, the USDA loan ceiling for Le-Roy, located in McLean county, IL, is $285,000. In contrast, the FHA cap for a single-family residence is $356,362.
Make use of the Lendersa® USDA loan calculator to compare today's best USDA and FHA rates, and assess the income, credit, reserves, and documents needed to qualify. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA options side by side, helping you choose the most appropriate program in for your financial situation.
2025 Loan Limits and Down Payment Requirements in Le-Roy, McLean County, IL
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Choices in Le-Roy, IL
The aim of Lendersa® is to quickly secure you the best USDA or FHA loan without the hassle. Begin with one of three starting paths to identify matching lenders and USDA loan options.
The USDA home loan, backed by the U.S. Department of Agriculture, also known as a USDA rural development loan or mortgage, is only available in rural areas. Unlike FHA loans that require a minimum down payment of 3.5%, USDA loans do not require any down payment.
Frontier Bank is a locally owned, community-minded independent bank. We've been dedicated to serving individuals and businesses with the highest degree of care, confidentiality and convenience since starting in Rock Rapids, Iowa in 1932. At Frontier Bank we always treat you like a BIG DEAL.
Our Credit Union is membership owned and a nonprofit financial institution. We are a controlled institution based on "people helping people" principles. We offer an array of account options including checking, savings, loans, and CDs. Providing affordable financial services, lower interest rates, and helping you save money is what we do best.
At Andrew Johnson Bank, exceptional service from people you know is our focus. We are, and will remain, a community-led bank with the best interest of those we serve. We strive for excellence in every way, and we want to exceed your expectations. We promise to treat you, our friend, with respect.
Greeneville Federal Bank, FSB, is a locally owned, full-service financial institution that has served Greeneville and Greene County since 1960. The bank has changed dramatically during the last 61 years but one thing has remained the same–our commitment to the people of Greeneville and Greene County.
Encore Bank is a private, boutique bank with a commercial focus that couples highly experienced and talented bankers with innovative technology to offer unprecedented levels of personal service and experiences to its clients through a hospitality-inspired concierge approach. Encore provides a full suite of financial products
17901 Chenal Pkwy, Suite 100, Little Rock, AR, 72223
Bank OZK, we strive to build on our community Bank heritage by combining high ethical standards with innovative technologies to deliver truly exceptional service to our clients and communities. We are committed to implementing new ideas and cultivating relationships that encourage our communities, large and small, to grow and thrive.
Local people serving local people. Our motto is the driving force behind all of First Sentinel Bank's efforts to build deeper connections with our communities, our customers, and our employees. First Sentinel Bank continues to stand apart from competitors through grass-roots involvement with our local communities.
Being locally-owned and locally-operated is one of the most beneficial as well as distinguishing characteristics of First State Bank.This trait separates us from our competitors by allowing FSB the pleasure and flexibility of servicing our customers’ needs promptly and personally.
Currie State Bank was established in February 1931 and the Okabena office was established in December of 2016. We take pride in creating and delivering quality banking products and services to you at exceptional values.We provide a stimulating and challenging work environment for our employees that encourages, develops and rewards excellence.
