USDA Loan Vs. FHA loan pro & con for Mount-Sterling, Brown County, IL

In 2024, USDA loan limit in Mount-Sterling, county of Brown, IL is $285,000 while FHA limit is $356,362 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 Mount-Sterling, 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.

(770) 652-9574 http://www.strongboxhomeloans.com/Default.aspx 540 miles Lender's profile and map Reviews StrongBox Home Loans 1412 waterford green way, Marietta, GA, 30068 We offer the best mortgage tools available on the Internet - easy, convenient, online shopping for the best loan programs and most current rates available, together with the assistance of an experienced live loan officer to guide you through the often difficult and confusing process of choosing & getting the exact loan to meet your specific needs.
(678) 292-6984 https://piedmontcapitallending.com/ 540 miles Lender's profile and map Reviews Piedmont Capital Lending PO Box 1578, Roswell, GA, 30077 Piedmont Capital Lending provides short-term real estate secured loans for all types of commercial and residential use and all types of credit profiles. We provide speed and flexibility in financing that traditional banks cannot offer. Our loans are funded in-house, which means you get your money fast and at preferred rates.
(412) 882-9306 https://www.bifcu.org/ 540 miles Lender's profile and map Reviews B.I. Federal Credit Union 554 Joffre Cherry Valley Road, Burgettstown, PA, 15021 Brunot Island Federal Credit Union has as its mission the responsibility for providing an efficient, effective, and well-managed financial institution that meets the needs of its membership. In order to accomplish this mission, the B.I. Federal Credit Union will continue a sound yet progressive asset management strategy
(601) 825-4323 https://communityBank.net/ 540 miles Lender's profile and map Reviews Community Bank 1255 W Government St, Brandon, MS, 39042 One of the South’s fastest-growing financial institutions did not originate in a large, metropolitan area or grow with the usual Bank business plan. Community Bank started more than 115 years ago in a small timber community in east central Mississippi and has grown by employing a unique approach to one of America’s most routine industries.
(903) 856-6653 https://www.cypressbanktx.com/ 541 miles Lender's profile and map Reviews Cypress Bank 120 S. Greer, Pittsburg, TX, 75686 Cypress Bank officially began operation October 3, 1977. Beginning with capital of $500, 000 and three full time employees. We now post assets of $200, 000, 000 and capital of $21, 500, 000 and employ 75 employees at our five locations. Our growth is reflective of the growth and prosperity of the Northeast Texas region.
(601) 483-7307 https://www.meridianangfcu.org/ 541 miles Lender's profile and map Reviews MERIDIAN MS AIR NATIONAL GUARD FEDERAL CREDIT UNION 6225 M Street, Building 305, Meridian, MS, 39307 The Meridian MS ANG Federal Credit Union was chartered in 1963 as a non-profit financial organization that is regulated by the Nation Credit Union Administration (NCUA). Our Credit Union is owned and operated by its members for the benefit of all members. Our goal is to help each other by providing a quick economic source of confidential credit
(828) 274-4111 http://www.lighthousemortgage.org/ 541 miles Lender's profile and map Reviews Lighthouse Mortgage 932 Hendersonville Rd, Suite 201, Asheville, NC, 28803 Lighthouse Mortgage is a Mortgage Lender/Broker licensed in North Carolina. It is our goal to be the best at what we do. We will at all times provide our borrowers with outstanding customer service. We will treat each client with the respect and dignity that we would wish to be treated with.
(828) 274-0946 http://www.mountainlifestylesmortgage.com 541 miles Lender's profile and map Reviews Mountain Lifestyles Mortgage 1200 Bleachery Blvd, Asheville, NC, 28803 We specialize in USDA Loans in Buncombe, Henderson, Madison, Transylvania, Haywood McDowell, Polk and Rutherfordton County. We also serve the cities surrounding Asheville such as Hendersonville, Weaverville, Marshall, Brevard, Candler, Waynesville, Etowah, Mills River, Burnsville, Spruce Pine, Black Mountain, Swannanoa, and Old Fort.
(903) 583-5522 https://fanninbank.com/ 541 miles Lender's profile and map Reviews Fannin Bank 230 East 3rd Street, Bonham, TX, 75418 Fannin Bank was organized in November 1921 as the Guaranty State Bank in Windom, Texas. By June 1922 the bank had $158,046 in assets. The name was changed to Fannin Bank in 1976, and in 1987 a branch office was opened in the town of Bonham. The Honey Grove branch opened in 2008 with the headquarters moving to Bonham the same year.
(903) 583-8131 https://fannincu.com/ 541 miles Lender's profile and map Reviews Fannin Federal Credit Union 1737 N State Highway 121, Bonham, TX, 75418 Fannin Federal Credit Union is a not-for-profit financial cooperative. When you join the credit union, you become a shareholder – or an owner – of a very unique financial institution. Earnings above the required reserves are returned to you, in the form of lower interest rates on loans and competitive dividends on savings.
(903) 583-4326 https://fanninteachersfcu.com/ 541 miles Lender's profile and map Reviews Fannin County Teachers Federal Credit Union 621 N Center Street, Bonham, TX, 75418 Fannin County Teachers FCU (FCTFCU) has as its mission the responsibility for providing an efficient, effective, and well-managed financial institution that meets the needs of its membership. In order to accomplish this mission, FCTFCU will continue a sound yet progressive asset management strategy and provide new and improved financial services.