FHA Vs. USDA loan program for Mattoon, Coles County, Illinois

In 2026, the USDA loan limit in Mattoon, located in Coles county, IL, is set at $336,500. Meanwhile, the FHA limit for a single-family home stands at $472,030.

Utilize the Lendersa® USDA loan calculator to compare the best current rates for USDA vs. FHA options and determine the necessary income, credit, reserves, and documents needed for qualification. Our sophisticated mortgage calculator provides a side-by-side comparison of USDA, FHA, Conforming, and VA loans, helping you choose the most suitable option for your financial condition in .

USDA and FHA Loan Solutions in Mattoon, IL

Lendersa® aims to secure the best USDA or FHA loan for you swiftly, without complications. Choose one of three starting points to connect with matching lenders and the USDA loan options.

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Learn About USDA Loans in IL

The USDA home loan, supported by the government Department of Agriculture and known as a USDA rural development loan or mortgage, is specifically for rural areas. Unlike FHA loans that require a minimum 3.5% down payment, USDA loans need no down payment.

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(618) 899-7792 Lender's profile and map Reviews MBN Services Corp, Inc 1901 Sarah Dr, Olney, IL, 62450 With hundreds of mortgage branch and loan officer employment opportunities out there, making a choice on who to sign up with is not an easy task! MBN SERVICES CORP, Inc is here to help save you time, energy and money trying to find the best mortgage branch and/or loan officer employment opportunity that will fit YOUR needs at NO COST to you!
(618) 678-2202 Lender's profile and map Reviews First Community Bank, Xenia-Flora 260 Front Street, Xenia, IL, 62899 First Community Bank, Xenia-Flora is a community bank operating in Central Illinois serving Xenia-Flora and surrounding communities. We take pride in giving friendly, efficient, and personal service. Decisions about our policies and customers needs are made by people living in your own community.
(618) 662-2177 Lender's profile and map Reviews Flora Savings Bank 128 West Second Street, Flora, IL, 62839 Our Banking Team understands the value that local ownership brings to the community. We support community organizations, partner with projects, and remain sensitive to community needs. At Flora Savings Bank, you will receive the "personal touch" that is missing in many financial institutions.
(618) 662-4441 Lender's profile and map Reviews Flora Bank and Trust 1478 N. Worthey St, Flora, IL, 62839 In 1977, a group of area business people noticed that Flora, Illinois had limited choices when it came to financial institutions. These business leaders from Flora and the surrounding communities came together and, on January 19, 1978, Flora Bank & Trust opened for business in a temporary banking facility located at 1010 West North Avenue in Flora.
(217) 935-2148 Lender's profile and map Reviews First National Bank and Trust Company 2 Kelli Court, Clinton, IL, 61727 First National Bank and Trust Company provides generations of customers with personalized banking experiences at every opportunity. Through lifelong learning, exceptional service and the use of technology; we offer our community secure banking options with profitable growth. Member FDIC.
(217) 935-9470 Lender's profile and map Reviews DeWitt Savings Bank 302 W Main Street, Clinton, IL, 61727 Dewitt Savings Bank is a community bank, which provides residential mortgage loans & auto loans. We pride ourselves on customer service. Our loan officers can help you through the loan process. We have two branches located in Clinton Illinois & Moweaqua Illinois. We seek to provide high quality customer service for our depositors & loan customers.
(217) 237-4324 Lender's profile and map Reviews Midland Community Bank 112 Market Street, Kincaid, IL, 62540 Midland Community Bank is a full-service community bank serving the residents of Christian and Sangamon Counties. Some of the communities served are Kincaid, Tovey, Bulpitt, Taylorville, Edinburg, Pawnee and Springfield. In 1966, a group of local businessmen and residents began the process to organize a community bank to serve the Midland area
(618) 283-1141 Lender's profile and map Reviews The FNB Community Bank 432 W. Gallatin St., Vandalia, IL, 62471 The FNB Community Bank, a financially strong, independent community bank, serves individuals and businesses with a full range of banking, investing, asset management and other financial and risk management products and services. The FNB Community Bank is Hometown People with Hometown Spirit, supporting local organizations, events, and causes.
(812) 268-1196 Lender's profile and map Reviews Western Indiana Credit Union 949 West State Road 154, Sullivan, IN, 47882 Western Indiana Credit Union was established in 1932 by local farmers in hopes to help the community. Since then, we have continued to grow and have expanded our services. WICU is a not-for-profit, member-owned financial institution. WICU is governed by a board of directors which are comprised of members of our community.
(217) 897-1136 Lender's profile and map Reviews Fisher National Bank 102 E. Division, Fisher, IL, 61843 The Fisher National Bank opened for business November 18, 1955 at a small office in downtown Fisher, IL. With numerous additions and renovations, this facility served our needs very nicely over the years. In the late 1990s, due to steady growth and the loyalty of our many clients, the board realized it was time to make another investment.
(800) 252-6950 Lender's profile and map Reviews Credit Union 1 200 E Champaign Avenue, Rantoul, IL, 61866 Our History: In 1958, Chanute Military Credit Union opened its doors on the Chanute Air Force Base in Rantoul, Illinois to serve military personnel and their families. With the government's announcement of plans to close the Chanute Air Force Base, plans were made to expand the credit union in order to continue to serve those faithful.