USDA Vs. FHA Pro and Con comparison in Mackinaw, Tazewell County, IL
For the year 2025, in Mackinaw, situated in Tazewell county, IL, the USDA loan limit is $336,500. Meanwhile, the FHA limit for a single-family home is $472,030.
Lendersa® offers a USDA loan calculator to compare today's USDA versus FHA rates effectively. It helps you assess the income, credit, reserves, and document requirements essential for qualification. Our advanced mortgage calculator allows a side-by-side review of USDA, FHA, Conforming, and VA options, aiding in selecting the best program for your financial needs in .
2025 Loan Limits and Down Payment Needs in Mackinaw, Tazewell, IL
Loan Type
Maximum Loan
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Choices in Mackinaw, IL
Lendersa® aims to help you secure the optimal USDA or FHA loan swiftly and without trouble. Opt for one of three starting positions that align you with lenders and USDA loan programs.
A USDA home loan is supported by the U.S. government through the Department of Agriculture. Often referred to as the USDA rural development loan or USDA mortgage, it is exclusively available in rural communities. In contrast to FHA loans requiring at least a 3.5% down payment, USDA loans don't necessitate any down payment.
At KeyBank we’ve made a promise to our clients that they will always have a champion in us. To deliver on our promise, we’re committed to building a team of engaged employees who do the right thing for our clients and shareholders, and help them achieve financial wellness each and every day.
1360 East Ninth Street, Suite 950, Cleveland, OH, 44114
Since 1982, we have provided more than $550 million in financial assistance to businesses as part of our overall mission to foster economic growth & job creation in Ohio. Also, for the past 11 years, we have been the number one SBA 504 lender in the State of Ohio. Growth Capital has a team of experienced economic development finance professionals.
Bellwether Enterprise is one of the fastest-growing commercial & multifamily mortgage banking companies in the country.
We are large in scope, yet focused in approach. With offices across the country, we offer an unwavering commitment to regional expertise. Most of our loan producers have 25 plus years of experience.
Twin Oaks Federal Credit Union was established in 1977 by Mr. Charles W. Garland and a few eager co-workers. They all shared a dream and saw a need for a credit union inside the Goodyear plant in which they worked. On March 28, 1977 Goodyear WV Federal Credit Union was chartered to serve only the employees of the Goodyear plant
Taleris Credit Union (TCU) is made up of groups of people, related by a common bond, who pool their savings into a fund from which each may borrow should the need arise. This philosophy of “People Helping People” has been the cornerstone of TCU for over 80 years. TCU is a democratically operated financial institution owned and operated by its membe
6100 Rockside Woods Drive, Suite 150, Independence, OH, 44131
In 1953, the big expansion took place and the credit union was renamed Cleveland Teamsters Credit Union. Its assets, which had climbed from $2, 666 in 1940 to $352, 000 in 1952, suddenly zoomed to just under $572, 555 in 1953, to nearly a million in 1955. The credit union has since experienced steady growth.
Century Federal Credit Union is a not-for-profit financial cooperative existing to serve its members. Credit unions, like Century Federal, are less likely to charge service fees than banks, that are for-profit institutions. We do not issue stock or pay earnings dividends to outside stockholders like other financial institutions.
4 Summit Park Drive, Suite 200, Independence, OH, 44131
NLC Loans support your personal goals and dreams so that you and your family can live the life you want and deserve. Whether you’re buying your first home, your next home, or refinancing, we’ve got your back. NLC Loans is a leading, full-service, residential mortgage lending and mortgage refinance company.
