USDA Vs. FHA your options comparison in Nokomis, Montgomery County, IL
In 2025, the USDA loan cap in Nokomis, within Montgomery county, IL, is set at $336,500, while the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to see how today's USDA compares to FHA rates at their best. This tool is invaluable in understanding the income, credit, reserves, and documents required for qualification. With our advanced mortgage calculator, you can evaluate USDA, FHA, Conforming, and VA options side by side, helping you determine which program in matches your financial situation best.
2025 loan limits and downpayment requirements in Nokomis, Montgomery, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Paths in Nokomis, IL
Lendersa® is focused on acquiring the best USDA or FHA loan options swiftly and with minimal hassle. Choose from three starting ways that lead to matching lenders and explore USDA loan programs.
A USDA home loan is backed by the government's Department of Agriculture and is often called a USDA rural development loan or USDA mortgage. This type of loan is available exclusively in rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA loans require no down payment, simplifying the qualification process for eligible applicants.
110 Evans Mill Drive, Suite 404, Dallas, GA, 30157
Milestone Mortgage is comprised of many top mortgage professionals in the Atlanta Metro Area. Each employee of Milestone Mortgage trains a minimum of 12 Continuing Education Units per year. Members of our staff have worked together for several years in the Atlanta Mortgage industry.
Brown Mortgage Group, LLC we are dedicated to making your mortgage experience your best yet. With years of experience and expertise, we pride ourselves on being some of the best professionals in the industry. We specialize in a variety of loan programs and have mastered the most complex loan types.
Waterside Mortgage came together with a determination to bring a knowledgeable and refreshing approach to mortgage lending. Our loan officers and staff are the key to cultivating a positive experience in the loan origination process. Application, Underwriting, and closing our staff will be there to educate and guide you through the process.
1600 River Park Blvd, Suite 201, Woodstock, GA, 30188
Cedar Mill Mortgage was founded in 1996 ; we are a full service mortgage broker and a Georgia Residential Mortgage licensee specializing in mortgage loans in the state of Georgia. We are proud members of the Better Business Bureau and the National Association of Mortgage Brokers.
Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice. As experienced loan officers we have the
3105 Creekside Village Drive, Suite 706, Kennesaw, GA, 30144
Assertive Mortgage has redefined homeownership with modern technology. We believe homeownership should be faster, simpler, and more affordable to get a mortgage in America. Our digital mortgage platform helps borrowers process information on the loan application. We’re changing the way traditional mortgage process from being stressful.
Our purpose at Carson Bank is to strengthen our home communities by providing knowledgeable and trustworthy financial solutions to fulfill individual, commercial, and public financial needs. The As your trusted advisor and friend, We are attentive, caring, and accommodating to every customer who visits our bank.
Appalachian Home Loans, Inc. is committed to providing an accessible website. Appalachian Home Loans, Inc. will strive to provide the content you need in the format you require. Appalachian Home Loans, Inc. welcomes your suggestions and comments about improving ongoing efforts to increase the accessibility of this website.
American Commerce Bank opened for business in October 2004, and quickly earned a reputation for dependable relationship banking. Many of our initial customers still rely on us for their banking needs. From its first offices in west Georgia, our bank has prospered along with the communities we serve, tripling in size and market locations since 2012.
