USDA Vs. FHA Pro and Con comparison in Rantoul, Champaign County, IL
For the year 2025 in Rantoul, within Champaign county of IL, the USDA loan limit is $336,500, whereas the FHA limit for a single-family home is set at $472,030.
Utilize Lendersa® USDA loan calculator to compare the most competitive USDA versus FHA rates available today and identify the income, credit, reserves, and necessary documents for qualification. Our sophisticated mortgage calculator allows you to view USDA, FHA, Conforming, and VA options side by side, assisting you in determining which plan in aligns best with your financial needs.
2025 loan limits and down payment details in Rantoul, Champaign, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA loan alternatives in Rantoul, IL
The main aim of Lendersa® is to facilitate the acquisition of the best possible USDA or FHA loan swiftly and with minimal effort. You can choose one of three entry points that lead to matched lenders and USDA loan options.
A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is a government-backed loan provided by the Department of Agriculture. It is exclusive to rural areas. Unlike FHA loans which necessitate a minimum down payment of 3.5%, USDA mortgages require no down payment whatsoever.
1725 Veterans Memorial Pkwy S, Lafayette, IN, 47909
Purdue University Employees Credit Union was founded in 1969 by a group of university employees. Put simply, they wanted a place where they, their families and fellow employees could save and borrow money safely, confidentially, & at a fair rate of interest. Through its 10 full-service branches, three satellite branches & digital banking services.
Bank of Wolcott has been proudly serving local communities with the knowledge, experience, and financial resources to assist our customers in meeting their financial goals and objectives. Today, just as when we opened our doors in 1944, Bank of Wolcott is an independently owned community bank making decisions.
For over 100 years Hoosier Heartland State Bank has been committed to the communities we serve. We are dedicated to our Mission, Vision and Values and we conduct business in accordance with these standards 100% of the time. It is the Mission of Hoosier Heartland State Bank to be an industry leader in redefining what it means to be a Community Bank.
Terre Haute Savings Bank operates as a full-service bank. The bank offers saving accounts, loans, mortgage, and wealth management facilities. Terre Haute Savings Bank serves customers in the State of Indiana. Count on The Hometown Savings Bank to provide practical, expert advice to help you navigate the complex and often emotional decisions.
Vigo County Federal Credit Union will serve the membership by providing cost effective services that meet members’ on-going needs and objectives and function as their primary financial institution. Vigo County Federal Credit Union is a member owned and operated financial institution with no outside investors.
ISU Credit Union, a not-for-profit financial institution owned and operated by its members, in no way resembles the modest means with which it first began. Chartered in 1960, ISU Credit Union was organized by a small group of faculty at Indiana State University who were familiar with the benefits of a credit union.
"Preferred Bank is a branch office of Preferred Bank. They provide the following services: Full Service Office Location and are located at 602 North Route 49 in Casey Illinois.
Mobile and traditional directions to this location can be found below along with ratings, lobby hours, their phone number and additional banking information."
Casey State Bank serves the agriculture, oil, and consumer markets located in the Clark, Crawford, Henderson, and Lawrence Counties. Casey State Bank has 8 branches to assist customers with their financial needs. At Casey State Bank we are deeply rooted in the communities we serve. We have been family owned and operated since 1968.
