USDA Vs. FHA Pro and Con comparison in Pontiac, Livingston County, IL
As of 2025, in Pontiac, located in Livingston, IL, the USDA loan ceiling is $336,500. On the other hand, the FHA loan limit for a single-family home is set at $472,030. This difference highlights the range of lending capacities available for diverse loan types, specifically tailored to varied geographical locations.
Utilize the Lendersa® USDA loan calculator for a detailed comparison between today's USDA and FHA premium rates. Determine the necessary income level, credit score, financial reserves, and documentation required to qualify for these loans efficiently. With our sophisticated mortgage calculator, you can view USDA, FHA, Conforming, and VA loans side by side, aiding in selecting the most suitable mortgage solution for your specific financial circumstances in .
Comprehensive Overview of 2025 Loan Limits and Downpayment Details in Pontiac, Livingston, IL
Loan Type
Loan Limit
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Pontiac, IL
The mission of Lendersa® is to swiftly and effectively secure the best USDA or FHA loan for you, minimizing the hassle involved. Initiate your journey by selecting from one of our three pathways, which result in suitable lenders and comprehensive USDA loan programs that best align with your needs.
The USDA home loan, endorsed by the U.S. Department of Agriculture, often termed as a USDA rural development loan or USDA mortgage, is designated exclusively for rural locales. This loan is distinct from FHA loans, which mandate a minimum 3.5% down payment—whereas the USDA mortgage requires no down payment, providing a notable financial advantage to qualified applicants within eligible areas.
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4000 Hollywood Blvd, Suite 555-S, Hollywood, FL, 33021
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2493 Centergate Drive, Unit 202, Miramar, FL, 33025
We advise clients about real estate market conditions, conduct walkthroughs, and provide guidance and assistance through the process of buying, selling, or leasing properties. We also provide financing for residential and commercial real estate needs. SPECIALTIES: Residential sales, First time home buyers, Luxury homes etc
11820 Miramar Parkway, Suite 110, Miramar, FL, 33025
Pineyro Capital Group Inc. (PCG) is a full service licensed Florida mortgage company operating under NMLS No. 420112. As a leader in the Florida mortgage market, Pineyro Capital Group Inc. specializes in providing Florida mortgage refinancing, home purchases, and debt consolidation home loans including,
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2419 Hollywood Blvd, Suite A, Hollywood, FL, 33020
Top Class Mortgage Hollywood, 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 and your family from the many mortgage options.
