USDA VS FHA in Peoria, Peoria County, IL

In 2026, 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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2026 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?



Peoria Lenders

  • Cooperative Choice Network Credit Union
  • 3927 N. University St, Suite C, Peoria, IL, 61614
  • Lends in Illinois
  • Choice Credit Union and Illinois Electric Cooperatives Federal Credit Union (IECFCU) joined creating the state of Illinois’s first network credit union, Cooperative Choice Network Credit Union (CCNCU). The founding of the network credit union is to allow credit unions to become a part of the network credit union and its products and services.

  • North Pines Financial Solutions
  • 2135 W Sunnyview Dr, Peoria, IL, 61614
  • Lends in Illinois
  • Our mission is to set a high standard in the loan industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the loan process, so that you can confidently select the best loan for you and your company from the many loan options that are available today.

  • FLAT BRANCH HOME LOANS
  • 3408 Willow Knolls Dr, Peoria, IL, 61614
  • Lends in Illinois
  • Flat Branch Home Loans is focused on providing low rate mortgages in Missouri with unparalleled service and expertise. Our experienced staff is the brightest in the industry and is ready to help you find the mortgage for your next home purchase or refinance. Please visit our web page at flatbranchhomeloans.com.

  • Better Banks
  • 10225 N. Knoxville Ave, Peoria, IL, 61615
  • Lends in Illinois
  • Better Banks is an employee-owned community bank offering all of the same financial solutions as other banks, but we're right here and committed to our local communities. Since 1898, Better Banks has been serving the banking needs of our local community. As a community bank, we support our local economy by providing loans to the neighborhoods.

  • Home Mortgage Specialists, Inc.
  • 6808 Knoxville Ave, Peoria, IL, 61615
  • Lends in Illinois
  • 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.

  • Redbrand Credit Union
  • 820 McKinley Avenue, Bartonville, IL, 61607
  • Lends in Illinois
  • Redbrand Credit Union is a not-for-profit financial institution. We are here to serve our member’s financial needs. Our products and services are as diverse as our membership. Our core values are as strong as the steel forged in the factory from where we found our humble beginnings. We’re here to serve you.

  • Glasford State Bank
  • 305 East Main Street, Glasford, IL, 61533
  • Lends in Illinois
  • Glasford Bank can trace its roots back to July 15, 1900, when it opened with just two deposits. Originally known as Farmers and Traders Bank, it was located at the corner of Main and Hickory in a converted cigar factory. In 1905, the bank was relocated into a new brick building on the south side of Main Street.

  • The First National Bank in Tremont
  • 134 S. Sampson St, Tremont, IL, 61568
  • Lends in Illinois
  • We’re a “community” bank, and we take that role to heart. Our success depends on the strength of the people and organizations in the communities we serve. To that end, we believe volunteering is vitally important. Experience the real difference in banking with "A Real Community Bank." Our people know your name, and make a real effort.

  • Princeville State Bank
  • 142 E. Main Street, Princeville, IL, 61559
  • Lends in Illinois
  • We are a family-owned, community bank that provides both personal and business banking services. With rich local connections, PSB has been serving the area since 1950 and continues to serve Princeville, Peoria and surrounding communities with our core values of service, commitment and trust.