USDA and FHA Pro and Con in South-Beloit, Winnebago County, IL

In 2025, USDA loan limit in South-Beloit, county of Winnebago, IL is $285,000 while FHA limit is $356,362 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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2025 loan limits and downpayment requirments in South-Beloit, county of Winnebago, IL

Loan Type Loan Limit Down payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

USDA and FHA loan options in South-Beloit, IL

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Illinois?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • First State Bank of Bloomington
  • 204 North Prospect Road, Bloomington, IL, 61704
  • First State Bank of Bloomington is unique because we’re 100% employee-owned. If that sounds uncommon, it’s because our ownership structure is extremely rare. In fact, industry analysts have estimated that fewer than 10 banks across the country have a similar structure to ours.We have the attitude & the commitment to make you financially successful.
  • Mid-Illini Credit Union
  • 1811 Eastland Dr, Bloomington, IL, 61704
  • Established in 1940, Mid-Illini Credit Union evolved from a handful of employee credit unions that joined together to provide top-rate financial services to thousands of local residents. We’re now over 7, 000 members strong and growing… MICU is a not-for-profit, member-owned financial cooperative, not a corporation
  • Team USA Mortgage
  • 1709 Tullamore Ave, Suite D, Bloomington, IL, 61704
  • "Team USA Mortgage is a national mortgage company offering retail mortgages and employment opportunities for qualified groups and individuals. Team USA Mortgage is committed to serving customers in all licensed states. Our core values of Honesty, Integrity, and Transparency flow from the corporate office
  • FIRST STATE MORTGAGE
  • 502 N. Hershey Road, Bloomington, IL, 61704
  • First State Mortgage (FSM), a subsidiary of First State Bank, Member FDIC, was founded in 2007 by a group of veteran bankers who have been working together in the residential First State Mortgage industry for more than 20 years. Our goal is to provide a comprehensive range of mortgage products, competitive pricing, and high quality.
  • First State Mortgage Services, LLC
  • 502 North Hershey Road, Bloomington, IL, 61704
  • First State Mortgage was founded in 2007 by a group of veteran bankers who have been working together in the residential mortgage services industry for more than 20 years. Our goal is to provide a comprehensive range of mortgage products, competitive pricing, and high quality, ethical mortgage services.
  • The First National Bank in Tremont
  • 134 S. Sampson St, Tremont, IL, 61568
  • We’re a “community” bank, and we take that role to heart. Our success depends on the strength of the people and organizations in the communities we serve. To that end, we believe volunteering is vitally important. Experience the real difference in banking with "A Real Community Bank." Our people know your name, and make a real effort.
  • Quaker Oats Credit Union
  • 3535 Center Point Road NE, Cedar Rapids, IA, 52402
  • Quaker Oats Credit Union is a full-service financial institution for the employees, retirees, and family members of the Quaker Oats Company, Tree House Foods, PMX Industries, Circle Computer Resources, CCB Packaging, and Trapeze Group. Quaker Oats Credit Union is a member-owned financial institution dedicated to serving its members.
  • Hills Bank
  • 3905 Blairs Ferry Rd NE, Cedar Rapids, IA, 52402
  • Hills Bank has grown to become one of Iowa's largest independent banks. We have achieved this growth the old fashioned way — by earning our customers'​ respect, one at a time. Hills Bank was founded on the principle that banks should care about the people they serve and provide ways to help them prosper.
  • Linn Area Credit Union
  • 3015 Blairs Ferry Rd NE, Cedar Rapids, IA, 52402
  • Linn Area Credit Union is a not-for-profit, full-service financial organization with branches in Cedar Rapids and Marion, Iowa. We are very much a local organization our employees are your neighbors & our kids go to the same school. We Are Family” is not just a tagline, it’s how we operate. We don’t call you “customers, ” we call you “members.
  • Chec King Payday Advance
  • 600 Blairs Ferry Road, Suite D, Cedar Rapids, IA, 52402
  • Chec King Payday Advance has been providing you with easy payday loans since 2005. We're a locally owned and operated business. If you need immediate cash for any unforeseen emergency situation, contact the people-friendly professionals at Chec King Payday Advance. You can open an account immediately, and we'll process your loan promptly.
  • Hall Lending Group
  • 1918 St Andrews Ct NE, Cedar Rapids, IA, 52402
  • Hall Lending Group was created by Hope Hall with one mission in mind: to provide customers with the best home loan experience possible. For nearly two decades, we have been helping families meet their goals of home ownership with the best interest rates and loan programs available.
  • Iowa Mortgage Solutions
  • 4403 1st Ave SE, Suite 110, Cedar Rapids, IA, 52402
  • The IMS Home buyer Grant Program is a mortgage credit program that can help paying a down payment or other initial costs of buying a home. This money can be can be used for closing costs, setting up escrow accounts, or making a down payment. This is an extremely valuable program for somebody with steady