USDA and FHA Pro and Con in Mackinaw, Tazewell County, IL
In 2025, USDA loan limit in Mackinaw, county of Tazewell, 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.
2025 loan limits and downpayment requirments in Mackinaw, county of Tazewell, 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 Mackinaw, 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.
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?
Midwest Community Federal Credit Union is a member owned and controlled financial cooperative whose members share in the profits and benefits of the organization. We are the power of 14, 000 consumers in Northwest Ohio working together to achieve their financial goals and dreams. Our credit union exists for the purpose of building lifelong trusted.
FSB has strived since its founding in 1887 to be a “Pillar in Community Banking.” Thus, our strategy is to provide a community banking culture that offers individualized customer service. We are locally owned and operated and committed to serving all your financial needs through a convenient approach that combines direct access to decision makers
Homestead Savings Bank is a full-service financial institution with locations in Albion, Leslie and Springport. Since 1889 our mission has been to provide outstanding service to our customers. Decisions are made locally by people who know our customers and our communities. Founded as a Federal Savings Bank.
We're ready to be your trusted advisor, your partner, and join you every step of the way as we work toward your financial goals, hopes and dreams together. We understand that when our community succeeds, we all do. Part of that comes from being employee-owned. For nearly 150 years we’ve been committed to serving our partners and the communities.
WNB Financial, N.A. More than a bank. Member FDIC. Equal Housing Lender.
We offer the products and services you expect from your bank: checking, savings, personal and home loans, and highly-qualified experts in business banking, trust, retirement planning, and financial advising.
With electronic options, a community focus.
Leo J Wildenhaus was a teacher at Fort Jennings High School in Fort Jennings, Ohio, when he decided to pursue a career as a banker. He began working at a Coldwater Bank to learn the trade. In 1915 he started a bank in Darke County, Ohio, which was named Osgood State Bank, which remains in existence today.
Your Hometown Federal Credit Union has been open since 1965. The credit union has assets totaling $27.24 Million and provides banking services to more than 2,000 members.
The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
First Kentucky Bank was founded in Mayfield, Kentucky, on March 6, 1899, as The Exchange Bank. First Kentucky Bank was established with a foundation of community-minded service and professional excellence that has allowed it to grow throughout its rich history, in times of both prosperity and adversity.
