USDA and FHA Pro and Con in Sparta, Randolph County, IL
In 2024, USDA loan limit in Sparta, county of Randolph, IL is $336,500 while FHA limit is $472,030 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.
2024 loan limits and downpayment requirments in Sparta, county of Randolph, IL
Loan Type
Loan Limit
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA loan options in Sparta, 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.
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?
625 Kenmoor Avenue Southeast, Suite 211, Grand Rapids, MI, 49546
Northwind Financial is a direct lender for private commercial real estate transactions, and direct for residential loans too! Our primary objective is to meet our borrower's need for financing with efficiency, flexibility and professionalism - especially in challenging situations. Established in 1997
5043 Cascade Road SE, Suite A, Grand Rapids, MI, 49546
We complete a large volume of mortgage loan financing each year with many different financial institutions. At Team Mortgage Company, we treat our clients well. We have proudly built our success as a Grand Rapids mortgage lender with the philosophy that our customers always come first.
Preferred Credit Union is a full service financial institution helping to serve the needs of those who work and live in our community. As your Preferred Financial Partner, our goal is to provide great member service while helping you save time and money on the products and services you need.
625 Kenmoor Ave SE, Suite 200, Grand Rapids, MI, 49546
Red Oak Capital Holdings, LLC is a family of commercial real estate finance and investment companies that includes Red Oak Financial, LLC, Red Oak Holdings Management, LLC, and Red Oak Capital GP, LLC. The Michigan-headquartered firm is anchored on a strong team that collectively delivers over 100 years of commercial real estate lending
Family Focus FCU is based out of 7310 N Plaza, Omaha, Nebraska, United States and dedicated to providing financial services to Metropolitan Utility District's former and current employees, their
We are still YOUR credit union, dedicated to serve M.U.D. employees and their family members.
Electrical Workers #22 Federal Credit Union has been open since 1956. The credit union has assets totaling $13.27 Million and provides banking services to more than 2, 000 members.
The credit union is a fraternal credit union. Membership is also open to immediate family of current members.
Rotella Mortgage distinguishes itself from the competition with unmatched honesty, integrity and customer service. Rotella has been a trusted name in the Omaha area for over 80 years and our friendly staff has over 80 years combined experience in the mortgage industry. Our main source of business is from client and realtor referrals.
As real estate investors ourselves we understand how frustrating it can be trying to raise funds in short notice. With years of experience and hundreds of completed transactions, we know what it takes to get deals closed. The entire team at Liquid Lending Solutions is dedicated to the success of our investor clients.
