For the year 2025, the maximum USDA loan limit in Springfield, located within the county of Sangamon, IL, is set at $336,500, whereas the FHA limit for a single-family house is $472,030.
Employ the Lendersa® USDA loan calculator to effectively compare today's top USDA versus FHA rates. It helps determine the income, credit, reserves, and documentation you need to qualify. Our sophisticated mortgage calculator presents the USDA, FHA, Conforming, and VA programs side by side, to aid you in selecting the most suitable option for your specific financial scenario in
Examine offers from 100 lenders
| Loan Type | Loan Limit | Down Payment |
| USDA | $336,500 | 0% |
| FHA | $472,030 | 3.5% |
| Conventional Conforming | $726,200 | 3% |
Lendersa® is committed to providing you with the best USDA or FHA loan swiftly and without hassle. Choose from three starting points to find matching lenders and USDA loan programs.
The USDA home loan, backed by the U.S. Department of Agriculture, also known as the USDA rural development loan, is available only in rural neighborhoods. Unlike FHA loans that require a minimum down payment of 3.5%, USDA loans do not demand any down payment, making them an attractive choice for qualifying buyers.
Enter your location to find out if it qualifies for USDA rural housing loan?
|
|
|
|
|
|
|
|
|
|
|
|
Bridge Loan Guides
"The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night..."
NMLS 1795154
