USDA Vs. FHA your options comparison in Salem, Marion County, IL
In 2025, the USDA loan limit in Salem, located within the county of Marion, IL, is $336,500. In contrast, the FHA limit for a single-family home is set at $472,030.
Utilize the Lendersa® USDA loan calculator to compare today's most competitive USDA vs. FHA rates. The tool assists in identifying necessary income, credit standards, reserves, and required documents to qualify. With our comprehensive mortgage calculator, you can examine USDA, FHA, Conforming, and VA options side by side, assisting you in choosing the best financial program in for your needs.
2025 Loan Limits and Down Payment Requirements in Salem, County of Marion, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Discover USDA and FHA Loan Options in Salem, IL
The mission of Lendersa® is to swiftly connect you with the best USDA or FHA loans, hassle-free. Choose your starting point from three options that will help you find matching lenders and appropriate USDA loan programs.
A USDA home loan, provided by the government's Department of Agriculture as a USDA rural development loan or USDA mortgage, is available exclusively in rural areas. Unlike FHA loans that require a minimum down payment of 3.5%, the USDA mortgage demands no down payment, making it a unique option for eligible applicants.
662 Encinitas Blvd., Ste. 270, Encinitas, CA, 92024
"FundLoans is an exception-based wholesale mortgage lender that specializes in Jumbo, Super Jumbo, and Non-QM solutions. A redefined Non-QM experience with “out-of-the-box” guidelines, that take a more holistic approach at underwriting. Contact us today about becoming an approved broker!
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ScottWay Capital is led by Morgan A. Scott. As the Broker of Record he oversees all commercial and residential services. He graduated from the University of California in San Diego with a Bachelors of Arts in Economics and Finance. Morgan began his pursuits in the real estate and lending industry in 2002
2240 Encinitas Blvd., Suite D, #109, Encinitas, CA, 92024
Jim Lackey Associates provides access to private capital in the form of either loans or private equity for businesses and individuals. Founded in March 2004, the company has arranged financing of over $100 million, including purchase loans, refinance loans, construction loans, private equity, and a variety of other transactions.
515 Encinitas Blvd Suite 203, Encinitas, CA, 92024
Charger Funding was founded in 2008. Those of you who have worked with us know that we are experienced and hard working advocates for your files. Charger Funding has been doing private money lending in California for over a decade and we know how to get the job done.We’re the ones to call when you have a deal that absolutely must close.
12636 High Bluff Drive, Suite 400, San Diego, CA, USA, CA, 92130
Looking for a reliable mortgage lender? Read Saxton Mortgage reviews to discover insights on loan options, interest rates, and customer experiences. Whether you're a first-time homebuyer or refinancing, Saxton Mortgage offers competitive rates and personalized solutions to fit your needs.
12636 High Bluff Drive, Suite 400, San Diego, CA, 92130
SDCBF is a bridge between local funding sources and nationwide capital investors. San Diego Commercial & Business Financing is a lending company whose focus is providing top tier financing to all types of commercial real estate. We are a general commercial lender, lending on all asset classes including Multifamily Apartments,
We connect investor with direct lenders to find the best loan. We have over 75 direct lenders in the network. We are able to look at the loan up to $100M even with low credit scores. We believe in relationship and long term partnership. We do all the hard work while you focus on your business.
11622 El Camino Real, Suite 100, San Diego, CA, 92130
As a full service real estate and mortgage brokerage in the San Diego, LA, and Riverside counties, we are dedicated to providing our clients with the finest customer service available. Trinity Real Estate Services and Trinity Mortgage is built on a foundation of integrity and a heart for the homeowner! We pride ourselves on helping borrowers.
11622 El Camino Real, Suite 100, San Diego, CA, 92130
ZZ Lending is an internet mortgage brokerage that provides discounted loans without sacrificing the service, knowledge or expertise. We are a full service mortgage brokerage firm with an experienced staff offering service in mortgage lending for resale and new home purchases and refinance.
11622 El Camino Real, Suite 100, San Diego, CA, 92130
Southwestern Mortgage Company is a discount residential mortgage broker. We have helped over 4, 000 clients obtain home loans over the past 25 years. We are committed to provide our clients the best possible mortgage options for their specific situation and Provide our clients the best possible loan program and rate.
