USDA and FHA Pro and Con in Spring-Valley, Bureau County, IL
During 2025, the USDA loan limit in Spring-Valley, Bureau county, IL is set at $285,000. In contrast, the FHA limit for single-family homes is $356,362.
Take advantage of Lendersa® USDA loan calculator to effectively contrast the finest current USDA vs. FHA rates. Determine the required income, credit score, reserves, and necessary documents for qualification. Our advanced mortgage calculator facilitates side-by-side comparisons of USDA, FHA, Conforming, and VA loans, supporting your decision on the best financial program in .
2025 Loan Limits and Down Payment Requirements in Spring-Valley, Bureau, 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 Spring-Valley, IL
Lendersa® aims to secure you the best possible USDA or FHA loan swiftly and simply. Choose one of three starting methods that lead to connecting with lenders and USDA loan opportunities.
A USDA home loan, backed by the Department of Agriculture and also known as a USDA rural development loan or mortgage, is exclusively accessible in rural regions. Unlike FHA loans requiring a minimum down payment of 3.5%, USDA loans eliminate this requirement, offering zero down payment, making homeownership more attainable for eligible applicants in rural settings.
Frandsen Bank & Trust is a full-service community Banking, trust and investment services organization with 37 offices located throughout Minnesota, Wisconsin, and North Dakota.
Our mission is to determine needs, develop relationships, and deliver solutions. We want to be your bridge to financial success for life.
438 E Wilson Bridge Rd, Suite 105, Worthington, OH, 43085
Liberty Capital Services after graduating from Ohio State University with degrees in finance. As financial planners, we could have remained in the traditional private banking industry, but we decided to embark on a new venture to create a mortgage consulting service like no other.
150 E Wilson Bridge Rd, Suite 350, Columbus, OH, 43085
Priority Mortgage proudly serves our borrowers out of our office in Worthington, Ohio. Founded in 1984 and under the direction of the original owner, Priority Mortgage enjoys an unprecedented reputation in the real estate and financial communities. Over 85% of our borrowers are either repeat customers or have been referred by someone.
Erie Community FCU, a federally insured credit union that was founded in 1958. We are a full-service, not-for-profit financial institution owned by its members. If you have a family member (spouse, sister, uncle, nephew, grandparent, etc.) who is already a member of the credit union, you qualify to join as well, regardless if you live, work, or wor
Since 1884 Civista Bank has provided financial solutions to generations of businesses, families and individuals. We're committed to developing life-long relationships built on trust, expertise, and exceptional service.
As a $3.0 billion organization, our financial resources and commitment to be the community's trusted financial advisor
VacationLand Federal Credit Union is much more than a place for banking. We live and work in northern Ohio, and we’re dedicated to helping our members and our communities prosper and thrive. Every member of VacationLand Federal Credit Union is part of our family. We care about you and your well-being instead of the bottom line
"We specialize in residential mortgages. We offer Conventional, FHA, VA, First Time Homebuyers, Reverse Mortgages, Rural Development, and nonconforming mortgages with a focus on service and low costs. All loans are processed in our office.
We are HUD approved and the first licensed mortgage broker in the State of Ohio."
SMART Federal Credit Union is a not-for-profit organization designed to meet the needs of ALL school employees and retired teachers in Franklin County and select surrounding counties. SMART was established in 1952 by a local principal, Ms. Edna Windom, to bring local teachers the same banking needs a bank offers WITHOUT the unnecessary fees.
