USDA Loan Vs. FHA loan pro & con for Mattoon, Coles County, IL

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.

(843) 238-9657 647 miles Lender's profile and map Reviews The Conway National Bank 1400 Third Ave, Conway, SC, 29526 Since 1903, Conway National Bank has strived to be a trusted friend and a bank of opportunity for generations of families, businesses, and individuals. Equipped with the most advanced banking technology, and with offices throughout Horry County (pronounced “o’ree”), the Grand Strand, and the Waccamaw Neck area of Georgetown County,
(912) 964-3995 648 miles Lender's profile and map Reviews The GPA Credit Union 102 Main Street, Savannah, GA, 31408 GPA Credit Union has been open since 1952. The GPA Credit Union is one of the oldest financial organizations in Savannah, Georgia. We exist to provide a high level of personal financial service and support for Georgia Ports Authority employees and their immediate families. This credit union is federally insured by NCUA.
(469) 802-0156 648 miles Lender's profile and map Reviews Ready Mortgage Corp 301 S. Sherman, Suite 117, Richardson, TX, 75081 We can provide liquidity for your notes through Loan Trader - our custom website that will price your notes in real-time automatically. Ready Mortgage is located in Richardson, Texas, and is part of the Activities Related to Credit Intermediation Industry and was founded in 6/14/95.
(972) 348-2000 648 miles Lender's profile and map Reviews Texans Credit Union 777 E Campbell Rd, Richardson, TX, 75081 In 1953, 11 Texas Instruments employees pooled five dollars each and petitioned the Texas Banking Commission to establish an organization that would promote thrift and provide low-cost loans to TI employees. Soon after, a charter was granted by the State of Texas and Texins Credit Union was born.
(855) 439-6634 648 miles Lender's profile and map Reviews Modi Mortgage 1301 W President George Bush Hwy, Suite 300, Richardson, TX, 75080 Modi Mortgage is for the no-frills customer that wants to control their mortgage experience, allowing radical speed & transparency to your loan process. Our unique platform removes multiple middlemen from the process. Not only are you able to control the process, you have 24.7 access to a Modi representative that can answer any
(972) 808-0800 648 miles Lender's profile and map Reviews CSC Capital Corp. 1701 N Collins Boulevard, Suite 125, Richardson, TX, 75080 CSC Capital Corp. is a direct, private, construction warehouse lender to qualified mortgage bankers for manufactured, modular, and site-built land/home purchases. We are located in Richardson, Texas, and have served clients for more than 15 years and Our loan is to you, the lender, so you can control both your interim and end loan.
(214) 432-8999 648 miles Lender's profile and map Reviews Magnificent Mortgage Group 811 South Central Expressway, Suite 229, Richardson, TX, 75080 Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
(469) 951-5887 648 miles Lender's profile and map Reviews Lending Star Capital, LLC 2701 Custer Parkway, Suite 706, Richardson, TX, 75080 Our team has over 15 years’ professional experience in mortgage and real estate, with extensive product knowledge and client-centered customer service. Our goal is to provide competitive rates, minimum costs, prompt support, and stress-free closing for our clients, making your home loan journey a pleasurable experience!
(972) 661-9988 648 miles Lender's profile and map Reviews Mercantile Morgage Corporation 1401 North Central Expressway, Suite 100, Richardson, TX, 75080 Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
(972) 891-8282 648 miles Lender's profile and map Reviews The Mortgage Broker Group 1401 N Central Expy, Richardson, TX, 75080 The Mortgage Broker group mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
(972) 215-6422 648 miles Lender's profile and map Reviews VERITY MORTGAGE 16970 Dallas Parkway, Suite 401, Dallas, TX, 75080 Verity Mortgage is a member of the Eustis Mortgage Corporation family of companies is setting a high bar for our competition. Over 60 years ago, Eustis Mortgage Corporation opened its doors with a focus on two things that all great organizations have in common. Low staff turnover and a high percentage of repeat customers.