FHA Vs. USDA loan program for Springfield, Sangamon County, Illinois

In 2024, USDA loan limit in Springfield, county of Sangamon, 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.

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USDA and FHA loan options in Springfield, 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.

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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.

(410) 457-4870 http://www.blevinshomemortgage.com 718 miles Lender's profile and map Reviews Blevins Home Mortgage 2114 Swartz Rd, Darlington, MD, 21034 Blevins Home Mortgage. We are a full service mortgage company based in Darlington, Maryland. We service all of Maryland and specialize in FHA Loans, VA Loans, USDA Loans, Conventional Loans and Renovations Loans. Whether you are buying a home or refinancing, Blevins Home Mortgage has got you covered.
(252) 823-0119 https://www.telcu.com/ 718 miles Lender's profile and map Reviews Telco Credit Union 1720 Barlow Road, Tarboro, NC, 27886 In 1941, 19 honest hard working Carolina Telephone employees met in Tarboro, North Carolina to form Telco Credit Union. With sound financial principles and an eye on the future they put their hard earned money to work and never looked back. Today, Telco is a full service not-for-profit financial institution serving over 10, 000 members.
(409) 962-3434 https://www.gtfcu.coop/ 718 miles Lender's profile and map Reviews Golden Triangle Federal Credit Union 5211 E Parkway, Groves, TX, 77619 Golden Triangle Federal Credit Union originated in 1953. Since that time, Golden Triangle FCU has grown and prospered. GTFCU was formed by the employees of Atlantic Refinery and Pipeline Company. The original name of the credit union was Atlantic-Atreco Federal Credit Union. Now known as 'TOTAL' Refinery
(229) 244-0164 https://www.1stfederalvaldosta.com/ 718 miles Lender's profile and map Reviews First Federal Savings and Loan Association of Valdosta 411 N Patterson St, Valdosta, GA, 31601 First Federal was founded in 1934 by a group of businessmen who had a vision for thrift and homeownership in Valdosta/Lowndes County. Since that time, First Federal has grown and flourished along with this area. It is our goal to keep the original vision as our theme and mission for the future.
(229) 247-9930 https://www.valdostateachersfcu.org/ 718 miles Lender's profile and map Reviews Valdosta Teachers' Federal Credit Union 102 E. Force Street, Valdosta, GA, 31601 The Valdosta Teachers' Federal Credit Union was organized in 1958. The first Board of Directors were: Fredeva Ogletree, President; A.W. Basemore, Vice-President; Nan Allen, Treasurer; Walter Harrison, Secretary. Other Directors included: Ms. Willie Dewberry, Hadley McDuffie and Clara Stipe.
(229) 244-4513 https://locogafcu.com/ 718 miles Lender's profile and map Reviews Locoga Federal Credit Union 1592 Norman Dr, Valdosta, GA, 31601 Locoga Federal Credit Union is a not-for-profit financial cooperative. When you join the credit union, you become a shareholder - or an owner - of a very unique financial institution. Earnings above the required reserves are returned to you, in the form of lower interest rates on loans and competitive dividends on savings.
(229) 253-1111 https://www.gpvfcu.com/ 718 miles Lender's profile and map Reviews Georgia Power Valdosta Federal Credit Union 1707 Dow St, Valdosta, GA, 31601 Georgia Power Valdosta Federal Credit Union was granted a federal charter in March 1958 to serve the financial needs of the Georgia Power Company employees and their families across the southern tier of the state. It remained a single sponsored occupationally bonded credit union until 1995.
(877) 773-6605 https://www.epnb.com/ 718 miles Lender's profile and map Reviews Ephrata National Bank 31 E. Main St, Ephrata, PA, 17522 Ephrata National Bank has remained an independent community Bank of undisputed integrity, serving the communities in which we do business. We offer state-of-the-art financial products and services of high quality and value at an affordable price while providing unsurpassed personal service.
(254) 840-2873 https://rocketfcu.com/ 718 miles Lender's profile and map Reviews Rocket Federal Credit Union 905 West McGregor Drive, Mc Gregor, TX, 76657 Rocket Federal Credit Union has been open since 1954. The credit union has assets totaling $29.97 Million and provides banking services to more than 3, 000 members as of March 2022. The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member.
(254) 840-2836 https://www.tfnbtx.com/ 718 miles Lender's profile and map Reviews First National Bank of McGregor 401 S Main St, Mc Gregor, TX, 76657 The First National Bank of McGregor in 1889, TFNB is the oldest bank in McLennan County and the seventh oldest national bank in Texas still operating under its original charter. In 1957, we moved from our original location at 217 S. Main in McGregor, Texas to a more modern building across
(308) 879-4451 https://www.potterstatebank.com/ 718 miles Lender's profile and map Reviews The Potter State Bank of Potter Front And Chestnut, Potter, NE, 69156 We are a family owned, independent community bank, with offices in Potter and Kimball, Nebraska, with ATM’s located in Potter, Dix and Kimball. The Bank’s commitment to the tri-state region is evidenced by five generations of community bankers in our family. They have served the banking needs of our customers spanning two centuries
(701) 284-7244 https://www.firstunitedonline.com/ 718 miles Lender's profile and map Reviews First United Bank 503 Briggs Avenue South, Park River, ND, 58270 First United Bank, the seeds of our business were planted more than 125 years ago in the rich, black soil of North Dakota farms. It doesn’t matter how you do business with us; if you are involved with First United Bank, you are involved with agriculture. That’s because our bank is still true to its roots.