USDA and FHA Pro and Con in Petersburg, Menard County, IL
In 2025, the USDA loan ceiling set for Petersburg in Menard county, IL, is $336,500. On the other hand, the FHA limit is established at $472,030 for a single-family residence.
Make use of the Lendersa® USDA loan calculator to weigh today’s top USDA against FHA rates. Identify the essentials for qualification, including income, credit, reserves, and necessary documentation. Our state-of-the-art mortgage calculator compares USDA, FHA, Conforming, and VA options side by side, guiding you toward the ideal choice for your unique financial condition in .
2025 Loan Boundaries and Downpayment Conditions in Petersburg, Menard County, IL
Type of Loan
Loan Boundary
Initial Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Alternatives in Petersburg, IL
Lendersa® strives to deliver the swiftest and most straightforward access to optimal USDA or FHA loans. Initiate one of three available methods to connect with lenders and USDA loan schemes.
A USDA mortgage, endorsed by the government's Department of Agriculture, sometimes called a USDA rural development loan or USDA mortgage, is designated for use in rural areas only. Unlike FHA loans which mandate a minimal down payment of 3.5%, a USDA loan does not demand any down payment.
38058 N Dena Dr, Suite 4427, San Tan Valley, AZ, 85140
We will treat you with the respect due an esteemed customer and give you the personal service you deserve. We understand the big commitment you are making in buying a home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify, apply and be approved for the ideal mortgage for you.
Driven Lending is an Arizona-Based company, established in 2019. At Driven, we believe that the process of purchasing or refinancing a home should be one of the most rewarding experiences of your life and we are taking a stand against the transactional nature of the process by making it fun and enjoyable.
4570 North 1st Avenue, Suite 110, Tucson, AZ, 85718
At Elite Lending Group, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process so that you can confidently select the best mortgage for you.
4511 North Campbell Avenue, Suite 205, Tucson, AZ, 85718
At All American, we are able to compete with all banks and savings institutions. With our excellent reputation and strict code of ethics, you can be sure we're the right choice. We are a family owned and operated Tucson based company with more than 25 years of industry experience.
USAVA Lending is comprised of an expert team of lending professionals specializing in providing exceptional home financing options. We are dedicated to providing exemplary customer service, educating our customers on their VA loan benefits and offering unbeatable VA loan programs directly to the military personnel who bravely serve our country.
antage West is a $2.5 billion financial institution in Arizona, which serves a growing membership of nearly 150, 000 via online channels and branches across Arizona, offering consumer and business banking services including retirement accounts. Some products and services subject to approval. Certain restrictions and fees may apply.
NOVA Financial & Investment Corporation, dba NOVA Home Loans (NMLS 3087) has built a strong reputation for providing exceptional service to our customers. NOVA Home Loans is licensed to lend in AZ, CA, CO, FL, IL, OR, UT, NM, NV, WA, TX, IN, KY, NE, and PA | BK#0902429 | Equal Housing Opportunity |
Billy A. Southern AZ Private Lender For the past 25 amazing years, I've focused on being a creative, passionate lender specializing in private lending (aka "hard money") in Southern Arizona. We've perfected a Rehab Program ("Fix & Flip") with realtors and investors. Most of these.
Info1st Rate Mortgage is a home mortgage and loan origination company We offer seasoned loan officers and staff to provide a high quality mortgage experience for our clients, we are local and loved to engage with local companies. Financing residential and commercial properties. We offer 100% financing options, reverse mortgages.