USDA Vs. FHA Pro and Con comparison in Monticello, Piatt County, IL
In 2025, the USDA loan limit for Monticello, situated in the county of Piatt, IL, is $336,500. Meanwhile, the FHA limit for a single-family home is set at $472,030.
Utilize the Lendersa® USDA loan calculator to assess today's best rates between USDA and FHA loans. Determine the necessary income, credit, reserves, and documents for eligibility. Our advanced mortgage calculator allows comparison of USDA, FHA, Conforming, and VA options side by side, helping you select the best program in that suits your financial needs.
2025 Loan Limits and Down Payment Requirements in Monticello, County of Piatt, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Monticello, IL
Lendersa® is committed to finding you the most suitable USDA or FHA loan quickly and hassle-free. Choose one of three starting paths to connect with lenders offering USDA loan programs matched to your needs.
A USDA home loan, also known as a USDA rural development loan or mortgage, is backed by the U.S. Department of Agriculture. It is available solely in rural areas. Unlike FHA loans needing a minimum down payment of 3.5%, USDA loans require no down payment, providing a significant benefit to those who qualify.
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.
First Citrus Bank is the #1 community bank in Florida and top 100 nationwide (American Banker, 2021), supporting local businesses, families and individuals to help them become financially secure and economically successful over the course of 22 years. First Citrus Bank was established in 1999 and is headquartered in Tampa.
14502 North Dale Mabry Highway, Suite 200, Tampa, FL, 33618
Home Mortgage Lenders, Inc., 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. Also, the big banks have a limited number of lending options available.
14502 N Dale Mabry Hwy, Suite 132, Tampa, FL, 33618
Welcome to Onboard 1 Mortgage, where we specialize in residential mortgages. At Onboard 1 Mortgage, 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.
14497 North Dale Mabry HWY. Suite 201N, Tampa, FL, 33618
"EMM Loans LLC provides home loan products and services that support sustainable homeownership.
EMM Loans LLC is committed to:
● Competitive Pricing, Products and Programs
● Open Communication and Teamwork
● Supporting our Employees’ Professional Growth etc..
"
"Established in 2004, Innovative Mortgage Services, Inc. has provided service throughout the southeastern United States.
Innovative is a licensed lender in Florida, Tennessee, and Alabama.
Innovative Mortgage Loan Originators are known as “Innovators” because of their opportunity to efficiently"
EMM Loans LLC, you will find a supportive, engaging lender who cares about providing excellent service to our customers and teammates alike. Our company’s highest priority is to emphasize showing our appreciation for hard work. Our culture creates an atmosphere of client trust, where employees can truly enjoy coming to work every day.
First Security Mortgage Services, Inc. has been helping home buyers in the State of Florida. First Security Mortgage Services, Inc. handles origination of residential mortgages along with refinancing and second mortgages. First Security Mortgage Services, Inc. is versed in all types of residential financing
