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.
Purchasing a home is an exciting time in a person’s life. At Community Mortgage, Ed Baldwin loves helping clients complete this process. Ed is a Kansas City native and has never left the area — even for college! Ed currently lives in Overland Park. He is happily married and has five children.
7007 College Blvd, Suite 600, Overland Park, KS, 66211
Your home is one of the greatest investments you’ll make. Let BNC help you by taking the guesswork out of securing your mortgage loan. BNC National Bank is a full-service community bank dedicated to providing deposit accounts, commercial lending mortgages, online banking and wealth management products and services to businesses and consumers.
Buying and selling a house is an emotional process. We understand that better than most, and our agents are here to be your trusted advisor and lifelong friend. We’re dedicated to the people of Kansas and Missouri and believe everyone should be able to find home. That’s why we do what we do.
10977 Granada Lane, Suite 225, Overland Park, KS, 66211
First Financial Mortgage Services can really save you money. You will provide information about your employment, assets, and residence history. With your permission, we will run your credit score and report. After we've finished reviewing the provided information, we'll provide a pre-qualification letter.
5440 W. 110th Street, Building 2, Suite 300, Overland Park, KS, 66211
ONE Advisory Partners is an SEC-registered investment advisor focused on making our clients’ lives better. We handle the heavy lifting of your financial life so you can focus on the things that matter the most to you. We saw a need for robust wealth advice for real people, so we apply the best practices we learned from helping large institutional.
6900 College Blvd, Suite 740, Overland Park, KS, 66211
Community Lending of America focuses on local referral based relationships. Each client receives personal service unlike any competitor in the region. The decision of mortgage financing should depend on personal goals and current market conditions, this is not the same for all borrower's.
Goetz Credit Union served this community from 1937 to present. "We are not for profit, not for charity, but for service." Make Goetz Credit Union your financial home today Unlike other financial institutions, Goetz Credit Union is owned and operated by its members.Goetz Credit Union is still the tradtional credit union.
Chartered in 1933, Northwest Missouri Regional Credit Union is a not-for-profit financial cooperative, owned, controlled, and operated for the benefit of its members. Since there are no outside stockholders to satisfy, the credit union can return a greater percentage of its income to you
