USDA and FHA Pro and Con in Smithton, St. Clair County, IL
For 2025, in the county of St. Clair, situated in Smithton, IL, the USDA loan cap is $336,500, whereas the FHA cap for a single-family residence is $472,030.
Leverage the Lendersa® USDA loan calculator to scrutinize today's leading USDA and FHA rates, determining the income, credit, reserves, and required documents necessary for eligibility. By using our detailed mortgage calculator, you can analyze various loans including USDA, FHA, Conforming, and VA simultaneously, empowering you to choose the best option in for your financial scenario.
2025 Loan Thresholds and Down Payment Demands in Smithton, St. Clair County, IL
Loan Type
Loan Ceiling
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Opportunities in Smithton, IL
At Lendersa®, our focus is on facilitating expedient access to optimal USDA or FHA loans without the hassle. Begin with one of three pathways that help connect you with relevant lenders and suitable USDA loan offerings.
A USDA home loan, backed by the U.S. Department of Agriculture and also known as the USDA rural development loan or USDA mortgage, is designated for homes in rural areas. While FHA loans require a minimum down payment of 3.5%, USDA loans do not need any down payment at all.
Marshall County Federal Credit Union began as “Marshall County School Employees Federal Credit Union”. In 1974 five members started this credit union off on its financial journey by depositing $35 each into a share account. Today, the credit union’s assets have grown to almost $22 million
Over 100 years ago, the Bay Port State Bank of W.H. Wallace and Company was established to serve the financial needs of the area. Bay Port State Bank is proud to be part of this growing community and looks forward to many more years of service. Bay Port State Bank Shall always be mindful of the need to increase shareholder value.
The history of Alden State Bank began in 1906 when the Farmers & Merchants Bank was organized as a privately held unincorporated bank. The bank was located in the East half of Higgins Store in downtown Alden. In 1924 the bank moved down the street to a building on Torch Lake near the boat launch.
McComb Federal Credit Union, your member-owned financial institution, we are committed to providing you with competitive products and services to meet your financial needs and help you reach your goals. We are non-profit financial services coop own by our members and devoted to helping them achieve their financial goals.
5600 La Centre Ave, Suite 100, Albertville, MN, 55301
St. Cloud Financial Credit Union is a local not-for-profit. That means it is natural for us to focus on our members' needs, not our bottom line. We care, we partner with our members on their banking needs, and we build genuine relationships. We are committed to creating a meaningful difference for our members and our community.
Texas Bank first opened its doors for business in May 1973. The bank was originally established in Tatum, Texas by a group of local investors who saw the need for financial services from a community institution that could better serve the town's needs. The bank experienced success and grew steadily.
At VeraBank, we strive to be the preferred financial services provider in the markets we serve. We accomplish this by maintaining our deep community bank roots and independent spirit, while offering outstanding service to our customers, relevant products and efficient channels to use them, delivered by the best
The South Park Mortgage, LLP team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
We offer a wide range of personal and business services to meet all of your financial needs while providing the personal touch and responsiveness our clients deserve and expect. Talk with us about your individual needs and we will work with you to determine the perfect accounts for you. We sincerely appreciate your business and pledge to work
30 East Johnston Street, Suite B, Forsyth, GA, 31029
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.
The First National Bank of Cokato (formerly known as Citizens State Bank) opened for business November 2, 1916 with total assets of $970.62. In 1920 a new bank site was purchased and the bank moved into its new quarters in July, 1923. First National Bank has enjoyed the privilege.
The Farmers Credit Union was founded in 1953. The first location was an office located in the Farmers Co-op Building. The original capital was obtained by proceeds from a bake sale. Anyone who is a resident of Ellis County or adjoining counties is eligible to be a member of the Farmers Credit Union.
