USDA Vs. FHA Pro and Con comparison in Savoy, Champaign County, IL
As of 2025, 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 .
2025 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.
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
8300 College Pkwy, Suite 101, Fort Myers, FL, 33919
First Florida Financial Group LLC is a mortgage brokerage company that was founded in 2006 and has developed relationships with the best and largest wholesale lenders in the country. This gives us the ability to meet or beat most retail lending interest rates and to not just offer the normal loan programs like most banks do
8191 College Parkway Suite 203, Fort Myers, FL, 33919
As a Ft Myers native, I enjoy working closely with many of the Top Real Estate Agents in Southwest Florida helping their first time home buyers, vacation homebuyers, and property investors purchase their piece of paradise. In the ever changing finance industry, experience is critical to making your home buying experience as smooth as possible.
8280 College Pkwy Suite 101, Fort Myers, FL, 33919
VanDyk Mortgage Corporation is a privately owned National Mortgage Banker and Broker headquartered in Grand Rapids, Michigan. We have a second corporate location in the Tampa Bay, Florida area. Our company was organized in 1987 by founder and CEO Thomas L. VanDyk. Mortgage Corporation is a privately owned National Mortgage Banker
Gulf Coast Business Bank, the first community bank to be started in 12 years, will fill the void and be operated by experienced and proven bankers from our local community who along with the board will invest more than $3M of the $20M raised in Capital and drive local deposits and loans to support organic and sustainable growth of GCBB.
10491 6 Mile Cypress Parkway, Suite 252 & 253, Fort Myers, FL, 33966
Alliance Mortgage manage your entire loan process in-house, from application to closing, to help your loan close faster. We also consider all the financial factors affecting your mortgage to help you strike the right balance – and our competitive mortgage rates, low closing costs, and wide array of mortgage products.
J Martin Mortgage Group LLC has experience since 1994 and 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
It is the mission of WesTex Community Credit Union to serve its member/owners’ needs by exploring and providing services that help them reach their financial goals as well as educate the member/owners concerning their financial matters. This is done through professionalism, courtesy, respect
Founded in 1997, Edison National Bank, and its Bank of the Islands offices, is the oldest locally owned and managed independent community bank in Lee County. Dedicated to providing genuine personal services and on-site decision making, we have an undeniable interest in the future growth and well-being of the community we serve.
Florida Mortgage Funding Group 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 by offering you the latest in financial tools that e
