USDA Loan Vs. FHA loan pro & con for South-Jacksonville, Morgan County, IL

In 2024, USDA loan limit in South-Jacksonville, county of Morgan, 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.

Get top 10
USDA LENDERS
customized to yout needes

USDA and FHA loan options in South-Jacksonville, 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.

(706) 222-2265 http://classiccitybank.com/ 550 miles Lender's profile and map Reviews Classic City Bank 2365 W. Broad Street, Athens, GA, 30606 Classic City Bank is a local, community bank that was started in Athens, Georgia, in November 2020, with the goal of providing the businesses and the citizens of the Athens community "banking the way it should be". With over 100 years of combined banking experience in the Athens market, the management team of Classic City Bank offers a Local
(706) 999-6100 https://banksouth.com/mortgage/ 550 miles Lender's profile and map Reviews Bank South Mortgage 100 Athens Town Boulevard, Suite 2, Athens, GA, 30606 BankSouth is a community bank headquartered in Lake Oconee, Georgia. Serving our communities for over 70 years, we offer the flexibility, warmth and customer service that only local decision-making can provide. With branch offices in Lake Oconee, downtown Greensboro, Watkinsville, Atlanta, and Savannah, Georgia,
(903) 892-1505 https://www.texomaeducators.com/ 550 miles Lender's profile and map Reviews Texoma Educators Federal Credit Union 506 W Lamar Street, Sherman, TX, 75090 Texoma Educators Federal Credit Union is a full-service financial institution serving Grayson County, Texas, and Bryan, Marshall and Atoka counties in Oklahoma. We offer membership to the entire Texoma community, wherever you work! As a non-profit, we are focused on competitive rates and convenient services.
(814) 836-4642 https://www.selectmortgageerie.com/ 550 miles Lender's profile and map Reviews SELECT MORTGAGE, INC. 2530 Village Common Dr., Erie, PA, 16506 SELECT MORTGAGE, INC. our industry resources make us uniquely qualified to offer you a variety of flexible mortgage programs with an unsurpassed level of customer service. We are able to offer FREE same day pre-approvals! We're here to answer your questions and to help you understand every step
(304) 598-5010 https://www.tufcu.org/ 550 miles Lender's profile and map Reviews The United Federal Credit Union 3 Sunset Beach Road, Morgantown, WV, 26508 The United Federal Credit Union is a federal credit union chartered in 1973. A Federal Credit Union is a cooperative, not for profit financial institution chartered by the federal government. We are dedicated to the concept of “people helping people”. We serve employee groups, associations
(304) 376-4407 https://www.yourpremierbank.com/ 550 miles Lender's profile and map Reviews Premier Bank 200 Fort Pierpont Dr, Suite 105, Morgantown, WV, 26508 Premier Bank is a full-service community bank conveniently located throughout Ohio, Indiana, Michigan and Pennsylvania. Offering personalized service and a comprehensive range of financial solutions for consumers and commercial businesses, Premier Bank remains locally focused to understand our customers.
(412) 826-5248 http://www.alleghenyvalleyfcu.com/ 550 miles Lender's profile and map Reviews Allegheny Valley Federal Credit Union 250 William Pitt Way, Pittsburgh, PA, 15238 Allegheny Valley Federal Credit Union provides and promotes the use of a variety of financial services which feature particular benefits and advantages over those generally available from other banking sources, with the specific intent of helping members gain some particular measure of personal financial success.
(412) 968-0370 https://www.veritasmortgageservice.com/ 550 miles Lender's profile and map Reviews Veritas Mortgage Services 1384 Old Freeport Road, Suite 3F, Pittsburgh, PA, 15238 Veritas Mortgage Services is a mortgage broker providing the highest level of customer service to home buyers. For nearly 15 years, we’ve helped buyers like you experience the magic of having your own place. We’ve earned our reputation as an honest, responsive and professional partner.
(800) 764-2614 http://www.foresthillsmortgage.com/ 550 miles Lender's profile and map Reviews Forest Hills Mortgage 5825 Darlington Rd, Pittsburgh, PA, 15221 Founded in 2020, but working and learning the mortgage industry since 2003, the key to success has been a combination of consistently offering the best products, pricing, and above all providing outstanding customer service. We take pride in treating our clients with honesty and integrity.
(412) 727-1598 http://priorityfinancialservices.com/ 550 miles Lender's profile and map Reviews Priority Financial Services Inc 2140 Ardmore Boulevard, Pittsburgh, PA, 15221 Priority Financial Services was incorporated in 2000 in Pittsburgh. The company is a mortgage brokerage firm involved in the origination of mortgages for residential, commercial and investment properties. The company is licensed by the Pennsylvania Department of Banking. All loan originators have passed the mortgage originator exam.
(412) 386-4242 https://www.lendfinancialmortgage.com/ 550 miles Lender's profile and map Reviews Lend Financial Mortgage LLC 808 Walnut Street, Pittsburgh, PA, 15221 We provide customers with the best rates and have the process to purchase or refinance a home effortless. We are a full service mortgage broker. We are currently licensed in Pennsylvania and Georgia. We know one thing which is mortgages. That is what we specialize in and we go above and beyond for you. Call us now for a no obligation quote.