USDA and FHA Pro and Con in Savoy, Champaign County, IL
As of 2026, the USDA loan limit in Savoy, located in the county of Champaign, IL, is set at $336,500, while the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to compare today's most favorable USDA and FHA rates and examine the qualifications needed regarding income, credit, reserves, and necessary documents. With our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA side by side, helping you determine the most suitable program for your financial needs in .
2026 Loan Limits and Downpayment Requirements in Savoy, County of Champaign, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Savoy, IL
The objective of Lendersa® is to provide you with the optimal USDA or FHA loan swiftly and effortlessly. Start with one of three options tailored to match lenders with relevant USDA loan programs.
USDA home loans, guaranteed by the U.S. Department of Agriculture, also known as USDA rural development loans or USDA mortgages, are available solely in rural areas. Unlike FHA loans that require a minimum down payment of 3.5%, the USDA mortgage loans do not require any down payment.
211 East Ohio Street, Suite 510, Chicago, IL, 60611
Safe Rate is a full-service mortgage lender based in Chicago offering conventional loan products. We also offer our very own Safe Rate Mortgage for borrowers who have less than a 10% down-payment. We are outsiders, who have reimagined the mortgage industry to put the borrower first, and we hope that you'll join us in our mission.
Black Onyx Lending, LLC is a multifaceted business and finance company with specialists experienced in business lending, consulting, real estate and development, and construction and remodeling. At Black Onyx Lending Firm, LLC, we want to be the best in the world at creating outstanding opportunities for our clients. It is because of our profession
1165 N. Clark Street, Suite 200, Chicago, IL, 60610
We are focused on the safety of our employees and customers and ensuring business continuity. This effort also includes ensuring that critical functions continue in the event of any disruption, with policies, people and processes aligned to provide continuous service. We are not starting from scratch on these plans.
4120 W Diversey Ave, Suite C501, Chicago, IL, 60639
Federal Savings Bank is veteran - owned bank, with a focus on VA and FHA lending for active duty and retired military and first time home buyers. We believe we offer the Perfect Mortgage Experience, which is our unique combination of outstanding customer service, low mortgage rates, and fast closings.
600 Corporation Dr, Suite 200, Pendleton, IN, 46064
GVC Mortgage began with a desire to emphasize the value of home ownership and simplify the home loan process. It is this commitment to homebuyers that allows the company to grow and assist families in the purchase of their dream homes. Since 1996, GVC Mortgage has served over 32,000 borrowers and provided over $4 billion in total funded loans.
B & I Federal Credit Union offers a variety of services, including loans, share draft accounts, savings accounts, IRA accounts, and other services designed to provide convenient, fast access to your accounts. To make banking transactions more accessible, even when you are traveling out of state or out of the country
Springs Valley Bank & Trust Company will enhance the financial quality of life in our communities by focusing on you. We value COMPETENCE. Initiative without competence is emphasizing effort, when results are what really matters. Continuous learning provides knowledge which allows us to care for our customers.
The Mortgage Company of Southern Indiana would love to assist you with your next home-buying experience! The Mortgage Company of Southern Indiana has been helping people for over 13 years and delivers excellent customer service to help you every step of the way qualify for your next home mortgage.
Ivanhoe Capital Advisors is a transaction advisory firm whose tailored solutions help small to mid-size companies and investors throughout the U.S. navigate complex transactions, from securing capital to restructuring existing capital, completing business and real estate acquisitions, and developing fiscal strategies
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
