In 2025, the USDA loan ceiling in Manhattan, within Will county, IL, is $336,500, whereas the FHA ceiling is $472,030 for a single-family home.
Utilize the Lendersa® USDA loan calculator to contrast today's leading USDA and FHA rates. This tool helps you understand the income, credit score, reserves, and documents needed for qualification. Our comprehensive mortgage calculator juxtaposes USDA, FHA, Conforming, and VA loans to aid in selecting the optimal program in for your financial standing.
Loan limits for 2025 and down payment requirements in Manhattan, all within Will, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA loan possibilities in Manhattan, IL
Lendersa® is committed to securing the optimal USDA or FHA loan for you, swiftly and seamlessly. Initiate your journey by picking from three starting points that align you with appropriate lenders and USDA loan options.
The USDA home loan is endorsed by the government Department of Agriculture, also identified as the USDA rural development loan or mortgage, designed for rural areas only. Unlike FHA loans, which require a minimum down payment of 3.5%, the USDA mortgage loan requires zero down payment, making it more accessible for those eligible.
SENB Bank has proudly served the Quad Cities and neighboring communities since forming in 1961 and is approximately $370 million in assets. In 2019 the bank expanded into the Stateline (Roscoe/Beloit) region of Illinois and Wisconsin, with six banking centers serving Illinois, Iowa and Wisconsin.
At Illinois Lending, our goal is to offer you an affordable and flexible loan when you need it the most. We understand there are moments in life where you may need quick cash to give you more financial flexibility – it could be for medical costs, rent, home repairs, a large purchase.
Founded in 1934, our eight charter members were production line workers at the East Moline Works Plant. Open only three times a day during shift change, employees at the original office in the middle of the plant had to manage over the noise of the steel-wheeled trailers moving over the creosote floors.
"Ruhl Mortgage is a full-service mortgage banker with experienced staff, offering expertise in every area of mortgage lending - from purchase and refinance to even construction lending.
Ruhl Mortgage offers purchase and refinance loans, including FHA, VA, Rural Development loans, second home loans,"
Scott State Bank, originally named The Exchange Bank, was established in 1887. A. R. Scott, the founder, had an iron safe in his mill office and a number of his customers would leave money in it for safekeeping. He also cashed grain checks, and in this manner he “drifted” into the banking business.
The Bank of New Glarus is headquartered in New Glarus, Wisconsin and has branch offices located in New Glarus, Belleville, Monroe, Juda and Brodhead, with a loan production office located in Madison. As the largest deposit bank in Green County, it offers a full range of financial products and services to its customers
Summit, we’re all about helping you turn wishing, waiting and wondering into planning, doing and experiencing. We offer the basic products you want, like checking and savings accounts, credit cards and loans. And we go one step further, providing financial guidance, education, tools, one-on-one coaching and innovative programs to empower.
Verified Mortgage LLC is created to service the loan industry a little differently. We support our branches and loan officers with a full-service in-house team which offers them the flexibility they need to best serve their territories and customers Verified Mortgage LLC is created to service the loan industry a little differently.
