USDA Vs. FHA your options comparison in Peoria, Peoria County, IL

In 2025, the USDA loan ceiling in Peoria, within Peoria County, IL, is $336,500. Meanwhile, the FHA maximum for a single-family residence is $472,030.

Utilize the Lendersa® USDA loan calculator to compare top USDA and FHA rates today, identifying needed income, credit, reserves, and documentation for eligibility. Our comprehensive mortgage calculator lets you view USDA, FHA, Conforming, and VA options side by side, assisting in selecting the right program for your financial needs in .

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2025 Loan Limits and Down Payment Specifications in Peoria, Peoria County, IL

Loan Type Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional $726,200 3%

Exploring USDA and FHA Options in Peoria, IL

Lendersa® is dedicated to swiftly securing you the best USDA or FHA loan. Choose one of three methods to connect with lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in IL

The USDA home loan is guaranteed by the U.S. Department of Agriculture and is known as the USDA rural development loan, specifically for rural areas. Unlike FHA loans with a 3.5% down payment requirement, USDA loans require no down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • The First National Bank & Trust
  • 2714 W. 3rd, Elk City, OK, 73644
  • On March 21, 1901, just nine short days after the first townsite lots for the new city of Elk City were sold, the Thurmond Brothers - E.K, A.L, O.H, A.N, and I.C. - formed the First National Bank of Elk City. The bank was started with $25,000.00 in capital. Since such meager beginnings, both Elk City
  • MORTGAGE FIRST AUGUSTA
  • 1030 Jimmie DYess Parkway, Suite 7, Augusta, GA, 30909
  • Mortgage First Augusta is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools
  • Peoples Exchange Bank of Monroe County
  • 2013 Highway 21 Bypass, Monroeville, AL, 36460
  • Monroeville, AL, offers the trusted financial services you deserve. Whether you’re looking to open a checking account or need a mortgage loan on a new home, these experts have the solutions you need. Individuals can look forward to receiving personal attention and helpful advice from knowledgeable bankers.
  • Alabama River Credit Union
  • 3365 South Alabama Avenue, Monroeville, AL, 36460
  • We are a member owned financial institution that treats its members with respect and absolute concern for their needs while applying a personable touch. We take great pride in our goal – set forth to give “Our Members” the tools to be economically independent – by helping them learn ways to save and educating them to borrow “smart “.
  • Tier One Mortgage (New York)
  • 1120 Crosspointe Lane, Suite 4B, Webster, NY, 14580
  • Our mortgage team members will give you the individual attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in purchasing a home, refinancing a mortgage, or tapping into your home equity. So we make a promise to you: we will help you qualify, apply and be approved for the ideal mortgag
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  • 1674 Empire Blvd, Suite 200, Garden City, NY, 14580
  • We’re a full service mortgage broker based in Rochester, NY specializing in all residential loan types including FHA, VA, USDA, Conventional, & Jumbo loan programs.We serve all of New York State including cities such as Buffalo, Syracuse, Albany, Binghamton & New York City.Whether you’re buying an existing home,building a new home, or refinancing
  • Tier One Mortgage, LLC
  • 1120 Crosspointe Lane, Suite 4B, Webster, NY, 14580
  • Our mortgage team members will give you the individual attention you deserve & treat you with the respect due a valued customer.We understand you're making a commitment in purchasing a home, refinancing a mortgage or tapping into your home equity.So we make a promise to you:we will help you qualify, apply and be approved for the ideal mortgage loan
  • The Texas Loan Company
  • 1507 S. Main St., Lindale, TX, 75771
  • The Texas Loan Company is a client-focused mortgage brokerage firm that specializes in providing our clients the best product with the best rate while providing the best service. Give us a call we will fund your home dreams and also Conventional mortgages are ideal for buyers with good credit and money to put down.
  • Delta Bank
  • 1617 Carter Street, Vidalia, LA, 71373
  • On October 1, 1973, when a group of local investors acquired the charter of the failed Delta Security Bank in Ferriday, La., Delta Bank was born. That bank was originally called Louisiana Central Bank. Our heritage has been to provide innovative banking products with unique home town service and attention to customers.