USDA and FHA Pro and Con in Silvis, Rock Island County, IL
In 2025, the USDA loan cap for Silvis, within Rock Island county, IL is $336,500, whereas for a single-family home, the FHA limit stands at $472,030.
Leverage the Lendersa® USDA loan calculator to compare today's optimal rates between USDA and FHA. Determine the necessary income, credit, reserves, and documentation to qualify. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, assisting you in choosing the best program in for your unique financial needs.
Loan Limits and Down Payment Requirements for 2025 in Silvis, Rock Island County, IL
Type of Loan
Maximum Loan
Initial Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Available USDA and FHA Loan Options in Silvis, IL
Lendersa® aims to provide you with the most suitable USDA or FHA loan quickly and effortlessly. Initiate your search with one of three starting points, leading to lenders and USDA loan programs matching your criteria.
A USDA home loan, backed by the U.S. Department of Agriculture, also known as a USDA rural development loan or mortgage, is accessible only in rural regions. Unlike FHA loans, which demand a minimum of 3.5% down payment, USDA loans require no down payment at all, offering an advantageous option for eligible homebuyers seeking minimal up-front investment.
Capital City Mortgage, Inc opened its doors in October 2003. We are celebrating our 10th Anniversary. We have been in the same location for 10 years, we did expand the office size in 2007. Have been very fortunate to have the same processor for 10 years. Our goal is to have the best rates and superior service.
First Savings Bank is a subsidiary of First Savings Financial Group, Inc. which is headquartered in Jeffersonville, Indiana. First Savings Financial Group, Inc. is listed on the NASDAQ National Market under the symbol "FSFG" and is a community-focused financial holding company with assets of $1.7 Billion
At Farmers Bank of Milton, we strive to offer the superior banking service our customers expect. Most importantly, we want to ensure that our experienced staff delivers these services in a friendly, efficient manner. We are proud to be a part of our communities and to participate in the growth and prosperity of our region.
Nebraska Bank of Commerce (NBC) was formed initially as Community Bank of Lincoln (CBL) in 2008 by a group of experienced Nebraska bankers working in partnership with an out of state bank holding company. The goal of that founding was to bring together a group of local investors who would invest their own capital to support the initial growth of th
Frontier Bank was founded when a group of partners and friends, devoted to the ideals of community banking, purchased an interest in a small bank in south central Nebraska. In 2005, other acquisitions in the banking and insurance industries began to follow, bolstering our philosophy of community involvement, local service.
Family-owned since we were established in 1968, West Gate Bank is a true community bank. This community focus is not only evident in all that we do, but in how we do it. As a full-service banking institution, we are large enough to serve all your personal or commercial banking needs.
First State is a community based organization that offers banking services, insurance and financial products. First State Bank Nebraska currently has 16 locations in the communities of Lincoln, Hickman, Yutan, Wilber, Hallam, Dorchester, Cortland, Firth, Filley, DeWitt, Pickrell, Western, Beatrice, Waverly, Nehawka and an insurance agency.
U.S. Home Mortgage was founded in May 2006. We are a locally owned & operated business. We offer all types of home loan financing including Purchase, Refinance, New Construction, Conventional, FHA, VA, NIFA, Home Equity, Bridge, Investment Property, & Interim financing. We established this company because we wanted the ability to offer the best
