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

In 2024, USDA loan limit in Poplar-Grove, county of Boone, IL is $285,000 while FHA limit is $356,362 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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2024 loan limits and downpayment requirments in Poplar-Grove, county of 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

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

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What is USDA Loan in Illinois?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

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



  • Radius Federal Credit Union
  • 2853 Delaware Avenue, Kenmore, NY, 14217
  • "At Radius Federal Credit Union, we believe that all of us share common goals, but we nurture individual dreams. Those dreams inspire your decisions, drive your ambitions, and revolve around what’s truly important. That’s your 360° life. And Radius is by your side for every turn and transition."
  • Bank of Doniphan Doniphan
  • 118-120 W. Plum Street, Doniphan, NE, 68832
  • Bank of Doniphan is located directly in the heart of Central Nebraska, founded in 1965 on the principal that treating people right simply never goes out of style. We firmly believe that by placing our customer’s interest first, we contribute to the financial success of our customers and in turn the communities we serve.
  • First Vision Bank.
  • 1401 N. Jackson Street, Tullahoma, TN, 37388
  • First Vision Bank initially opened for business in November, 2005 with two locations: Tullahoma and Decherd/Winchester, with our administrative offices located in Tullahoma. The Bank was founded with the guiding principles of being a solid, profitable, and superior service-oriented bank in southern Middle Tennessee.
  • Citizens Tri-County Bank
  • 201 N Jackson Street, Tullahoma, TN, 37388
  • Citizens Tri-County Bank was organized in 1972 as Citizens Bank, and received its bank charter in June of that same year. The new bank opened for business in October, 1972, with $500, 000 in capital, initially operating in a trailer at the bank’s current Main Office location in downtown Dunlap, Tennessee.
  • Ascend Federal Credit Union
  • 520 Airpark Drive, Tullahoma, TN, 37388
  • At Ascend, our mission is to "Raise Possibilities"​ for our members. This means opening new doors for financial freedom, guiding people through money matters using sound experience and knowledge, and providing an environment where you can feel comfortable knowing we have only your best interests in mind.
  • Mortgage Connection
  • 609 Wilson Avenue, Tullahoma, TN, 37388
  • Mortgage Connection is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward.
  • Olive Branch Mortgage, LLC
  • 3301 Market Street, Suite 105, Rogers, AR, 72758
  • Our loan originators have access to a wide array of loan products, helping them recommend the right loan for you! The mortgage process can be complicated and confusing. Our mortgage experts help make the process easy to understand! With a single application and credit report, we can show you great options from multiple lenders.
  • Purple Ink Mortgage
  • 5506 Walsh Ln, Suite 206, Rogers, AR, 72758
  • 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.
  • Thrive Mortgage, LLC
  • 5309 W. Village Parkway, Suite 3, Rogers, AR, 72758
  • Thrive Mortgage was founded in 2001 in Georgetown, Texas Our goal is to provide our clients with a legendary lending experience that exceeds all expectations. and We offer a large variety of loan programs including conventional, FHA, USDA, VA reverse mortgages, and interim construction loans
  • First Farmers & Commercial Bank
  • 441 Spring Street, Pikeville, TN, 37367
  • First Farmers and Commercial Bank, (formerly First National Bank of Pikeville) has strived and grown to meet community needs. Some 70 prominent Bledsoe Countians organized the community bank and today there are over 201 community minded people involved in the bank’s ownership. First Farmers and Commercial Bank, charter on September 30, 1913.
  • Chambers State Bank
  • 104 E Main St, Chambers, NE, 68725
  • Chambers State Bank is located in Chambers, NE, United States and is part of the Depository Credit Intermediation Industry. Chambers State Bank has 7 total employees across all of its locations and generates $3.66 million in sales (USD). There are 4 companies in the Chambers State Bank corporate family.