USDA Vs. FHA Pro and Con comparison in Pontoon-Beach, Madison County, IL
In 2025, the USDA loan cap for Pontoon-Beach, within Madison county, IL, is $285,000. Meanwhile, the FHA limit for a single-family home is set at $356,362.
Leverage the Lendersa® USDA loan calculator to compare today’s leading rates for USDA and FHA loans. Determine the necessary income, credit data, reserves, and documents needed to qualify. Our advanced mortgage calculator provides side-by-side comparisons of USDA, FHA, Conforming, and VA loans, helping you choose the best program in suited for your financial situation.
Loan Limits and Down Payment Requirements for 2025 in Pontoon-Beach, Madison County, IL
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in Pontoon-Beach, IL
The mission of Lendersa® is to swiftly secure for you an optimal USDA or FHA loan hassle-free. Choose from one of the three starting options that align you with relevant lenders and USDA loan programs tailored to your needs.
A USDA home loan, often called a USDA rural development loan or mortgage, is backed by the U.S. Department of Agriculture and available exclusively in rural locations. Unlike FHA loans, which need a minimum 3.5% down payment, USDA loans require no down payment at all, providing a significant benefit to qualified borrowers.
Aflac Federal Credit Union We are proud to offer membership to the AFLAC employees and to those licensed to sell insurance through AFLAC and also We offer a diverse range of exclusive products and solutions at affordable prices. We pride ourself on providing high quality products and offer a quality guarantee on all items.
Our credit union was first chartered on June 4, 1937 - that means that our credit union is now over 80 years old - to help serve the needs of the employees of the Radford Pipe Shop (known locally as the Foundry), and was originally named the "Radford Pipe Shop Employees Federal Credit Union".
We, at the Commercial State Bank, are dedicated to meeting the financial needs of our customers in and around the Wagner area by providing high quality and creative financial services through a skilled professional staff. We will accomplish our mission by remaining an independent community bank, focusing on our present and future customer needs.
In 1951 Ft. Randall Federal Credit Union was chartered to serve local federal employees of the Pickstown School District, and their immediate family members. Once a member of Ft. Randall Federal Credit Union, you can always be a member, even if you move out of field of membership!
The Peoples Bank of Georgia is a full service, locally owned bank in Talbotton, Georgia with branches in Ellaville, Buena Vista and Thomaston, Georgia. In Talbotton, a small town 35 miles northeast of Columbus, the scene has not changed much over the years. This is still the sort of place where every customer's family history is intimate knowledge.
Exchange Bank, we have a very strong commitment to our community. We offer unsecured, secured, vehicle and other personal loans, and work with you to create terms that best meet your needs and at very competitive rates. We are locally owned and locally staffed – decisions about your loan request will be made right here, in a timely manner.
City Bank was established in Natchitoches in 1933 and has been an integral part of this historic community for over 85 years. The City Bank family constantly strives for excellence and we pride ourselves on the personal services we offer to all of our customers. As a City Bank customer, you will benefit from a full range of services.
The credit union was chartered on March 6, 1975 by a small group of employees of Western Kraft Paper Mill in Campti, LA. They became members of the new WKE Red River Federal Credit Union. In 2002, the name was changed to what it is still called today, Engage Federal Credit Union.
