USDA Loan Vs. FHA loan for Mattoon, IL [Coles County Rates 2023]

In 2025, USDA loan limit in Mattoon, county of Coles, 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.

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USDA and FHA loan options in Mattoon, 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.

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What is USDA Loan in Illinois?

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.

(251) 660-5025 609 miles Lender's profile and map Reviews MAGNOLIA MORTGAGE COMPANY 1550 S. University Blvd, Mobile, AL, 36609 In an increasingly centralized business environment — where the main office may be hundreds of miles away in another state — it's reassuring to know that there are still truly "home-owned" companies. Magnolia Mortgage Company has been making a name for itself in the Mobile area since 1990.
(251) 650-0805 609 miles Lender's profile and map Reviews Mortgage Team 1, Inc 6336 Piccadilly Square Dr, Mobile, AL, 36609 Our family at Mortgage Team 1 is committed to providing our clients with the highest quality financial services. Our professional Mortgage Planners will work with you one on one to ensure that you get a financial plan that is tailored specifically to meet your mortgage needs. Whether you are purchasing your dream home,
(318) 704-6545 609 miles Lender's profile and map Reviews Legacy Financial FCU 8034 Shreveport Highway, Pineville, LA, 71360 Legacy Financial FCU is a federally insured FCU offering financial services to residents of Grant and Rapides Parishes. We offer a variety of loans to meet your needs. What ever you are looking to purchase, the vacation you are wanting to take, home repairs, or any other need that may arise we are here to help.
(318) 443-1200 609 miles Lender's profile and map Reviews Valex Federal Credit Union 820 Main Street, Pineville, LA, 71360 Valex Federal Credit Union aims to provide lifelong, trusted relationships and the best services available to ensure our members reach their financial goals. At Valex Federal Credit Union, we don't have customers. We have members. If you join the credit union, you become a part-owner in our financial institution.
(318) 561-7150 609 miles Lender's profile and map Reviews Endurance Mortgage 5101 Highway 28 East, Pineville, LA, 71360 We bring with us, 38 years of combined mortgage experience, successful companies & great reputations. We feel that joining our business operations together will enable us to provide even better products and services for our customers. By joining our companies together, we become Cenla’s largest locally owned, mortgage lender.
(410) 804-8926 610 miles Lender's profile and map Reviews Clarksville Mortgage Corporation 5533 Adams Ridge Rd, Clarksville, MD, 21029 Clarksville Mortgage Corporation, where we specialize in residential mortgages. At Clarksville Mortgage Corporation, we will find a loan that fits each borrower. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants. Our consultants know what it takes to get through underwriting quickly.
(850) 682-2225 610 miles Lender's profile and map Reviews OKALOOSA COUNTY TEACHERS FEDERAL CREDIT UNION 1126 North Ferdon Blvd, Crestview, FL, 32536 Okaloosa County School Board, Okaloosa Walton Junior College and St. Mary’s. It was formed with the help of a few local residents in north Okaloosa County. The first credit union building was a very small house behind the bus stop at Richbourg Middle School on Anderson Street in Crestview.
(850) 398-4248 610 miles Lender's profile and map Reviews Blue Sand Mortgage, Inc 301 S Ferdon Boulevard, Suite E, Crestview, FL, 32536 We have been in the Real Estate and Mortgage service business for over 20 successful years. This longevity and confidence comes from our Real Estate & Mortgage services to a great many buyers and sellers, and their recommendations to others that result in repeat referral business.
(850) 892-2024 610 miles Lender's profile and map Reviews Walton County’s First Credit Union 1586 US Highway 90 West, Defuniak Springs, FL, 32433 Walton County Teachers’ Federal Credit Union is a non-profit financial organization owned and operated by you, the members, for the benefit of all who belong. We were chartered in 1961 to serve all school personnel of the Walton County School Board, in Walton County, Florida. The credit union expanded its field of membership.
(717) 692-7100 610 miles Lender's profile and map Reviews Mid Penn Bank 349 Union Street, Millersburg, PA, 17061 Mid Penn Bank, subsidiary of Mid Penn Bancorp, Inc., has been serving Central Pennsylvania since 1868. Headquartered in Millersburg, Pa., Mid Penn Bank has retail locations throughout Cumberland, Dauphin, Lancaster, Luzerne, Northumberland and Schuylkill Counties. Mid Penn is a full-service financial institution offering deposit products, mortgage.
(903) 546-6275 610 miles Lender's profile and map Reviews The First National Bank of Tom Bean 109 S. Britton, Tom Bean, TX, 75489 Established in 1906 we have served the needs of our community for over 100 years. You are not simply customers to us; you are our friends and our family. We have strived to excel at bringing you the financial products and technological advancements to meet your needs while retaining our hometown feel.