USDA and FHA Pro and Con in Poplar-Grove, Boone County, IL

In 2025, the USDA loan limit for Poplar-Grove, located in Boone county, IL, is $285,000, while the single-family home FHA limit is $356,362.

Leverage the Lendersa® USDA loan calculator to compare today’s best USDA vs. FHA rates and identify the required income, credit, reserves, and documents to qualify. Our advanced mortgage calculator lets you see USDA, FHA, Conforming, and VA programs side by side, helping you choose the ideal plan in tailored to your financial situation.

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2025 Loan Limits and Down Payment Requirements in Poplar-Grove, Boone, IL

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

USDA and FHA Loan Options in Poplar-Grove, IL

The objective of Lendersa® is to swiftly secure you the best USDA or FHA loan without hassle. You can select from three starting points that connect you with matching lenders and USDA loan offerings.

Lendersa USDA loan request and results

Understanding USDA Loans in IL

A USDA home loan, supported by the Department of Agriculture—also known as a USDA rural development loan or mortgage—is accessible only in rural regions. Different from FHA loans requiring a 3.5% down payment, USDA loans have no down payment requirement, providing an affordable path to homeownership for eligible rural applicants.

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



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