FHA Vs. USDA loan program for Sherman, Sangamon County, Illinois

In 2025, the USDA loan limit set for Sherman, within the county of Sangamon, IL, is $336,500. Conversely, the FHA cap for a single-family property is $472,030.

Access the Lendersa® USDA loan calculator for comparing today's top USDA versus FHA rates. Determine the income, credit score, necessary reserves, and documents for your eligibility. Our comprehensive mortgage calculator provides a side-by-side analysis of USDA, FHA, Conforming, and VA loans, aiding you in choosing the best plan available in for your specific financial needs.

Options for USDA and FHA Loans in Sherman, IL

Lendersa® is committed to securing the optimal USDA or FHA loan quickly and effortlessly. You have three starting points to select from, which help match you with lenders offering USDA loan programs.

Lendersa USDA loan request and comparison results

Understanding USDA Loans in IL

A USDA home loan is a type of mortgage backed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, intended for rural areas only. Differing from FHA loans that mandate a minimum 3.5% down payment, the USDA mortgage requires no initial down payment at all.

Get top 10
USDA LENDERS
customized to yout needes

(256) 927-7755 Lender's profile and map Reviews Goldstar Mortgage Inc 1557 Chesnut Bypass, Centre, AL, 35960 Goldstar Mortgage Inc. is located in beautiful Centre, Alabama. Our goal is to provide you with exceptional customer service, lowest rates, and minimal closing cost. Since 1995, Goldstar Mortgage has helped thousand of clients across the State of Alabama purchase their dream home, refinance to lower their payment
(205) 375-6261 Lender's profile and map Reviews West Alabama Bank 509 1st Avenue West, Reform, AL, 35481 Welcome to West Alabama Bank. We’re the hometown Bank for West Alabama, helping people, businesses and our communities grow stronger and better with each day. As a local Bank, we make decisions right here, which means we have the freedom to be creative and flexible in supporting you.
(800) 491-4309 Lender's profile and map Reviews Explorers Credit Union 609 West 21st St, Parkston, SD, 57078 On February 28, 1962, the employees of the Yankton State Hospital organized and chartered the Yankton State Hospital Employees Federal Credit Union. This small branch was renamed to Services Center Federal Credit Union (FCU) and grew to three branch locations with over 7, 700 members and $70 million in assets.
(800) 682-4578 Lender's profile and map Reviews Dakota MAC 225 Cedar Street, Yankton, SD, 57078 Dakota MAC was developed in 1993 by First Dakota National Bank to provide long-term ag real estate loans at competitive interest rates and terms. Our lending options are focused directly on you and your operation’s needs. We knew then, and still know now, how difficult it is to operate in 3- and 5-year short-term notes.
(785) 524-4458 Lender's profile and map Reviews The Bank of Tescott 101 E Lincoln Ave, Lincoln, KS, 67455 Since establishing business in 1887, the bank has built its reputation on personal service and community promotion. Family owned and locally operated in the communities of Tescott, Lincoln, Salina, and Lindsborg, The Bank of Tescott strives to provide customers with a competitive array of loan and deposit products that aid in their financial succes
(800) 378-3778 Lender's profile and map Reviews Appalachian Community Federal Credit Union 5034 Bobby Hicks Highway, Suite 2, Johnson City, TN, 37615 The Appalachian Community Federal Credit Union of today is pleased to serve any persons who live, work, worship or attend school in Carter, Hawkins, Sullivan, Unicoi or Washington Counties, Tennessee, as well as the city of Bristol, TN/VA, the city of Norton, VA, and Wise, Scott and Washington Counties, Virginia.
(308) 536-2492 Lender's profile and map Reviews First Bank and Trust of Fullerton 230 Broadway, Fullerton, NE, 68638 The First Bank & Trust of Fullerton is a for-profit financial organization established to serve our community & valued customers by offering timely service & competitive products & services within a highly personalized & professional environment. The bank is a financial service organization established to serve the financial needs of our community.
(620) 326-3361 Lender's profile and map Reviews Impact Bank 206 East Harvey Avenue, Wellington, KS, 67152 Impact Bank was created by the April 2, 2012 merger of Caldwell State Bank and First National Bank in Wellington. Both financial institutions were healthy, long-standing community banks serving local families and businesses for generations. Caldwell State Bank was founded in 1928 and First National Bank in Wellington began in 1879.
(620) 326-7471 Lender's profile and map Reviews Bank of Commerce and Trust Company 201 West Harvey Avenue, Wellington, KS, 67152 The Bank of Commerce and Trust Company, formerly known as the National Bank of Commerce, can trace its roots to the oldest bank in Wellington, the Woods Bank. In October of 1873 Mr. John J. Woods opened the Woods Bank at the southwest corner of Washington and 7th Streets in a frame building. For several years,
(304) 354-6106 Lender's profile and map Reviews Calhoun County Bank, Inc. 443 High Street, Grantsville, WV, 26147 We were known as The Calhoun County Bank and issued a Certificate of Incorporation by the State of West Virginia on the 14th day of November, 1900. Our humble beginning started with 250 shares of capital stock with a $100.00 par value for an initial capitalization of $25, 000.00. The bank opened for business in January 1901.
(706) 232-6871 Lender's profile and map Reviews Georgia Power Northwest Federal Credit Union 906 North Broad Street SE, Rome, GA, 30161 (GPNWFCU) was chartered in 1935 as Georgia Power Rome Division Employees Credit Union, exclusively servicing Georgia Power employees working in the Rome, Georgia area. In the late 90’s, we changed our name to Georgia Power Northwest Federal Credit Union and sought out addition Select Employee Groups.