USDA and FHA Pro and Con in Washington, Tazewell County, IL
For 2026, the USDA loan limit in Washington, within Tazewell county, IL, is $336,500. Meanwhile, for a single-family home, the FHA limit stands at $472,030.
Leverage the Lendersa® USDA loan calculator to compare the best rates for USDA versus FHA loans today, determining required income, credit, reserves, and documents for qualification. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA loans side by side, assisting you in selecting the ideal program for your financial situation in .
2026 Loan Limits and Down Payment Requirements in Washington, Tazewell, 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 Choices in Washington, IL
The aim of Lendersa® is to provide you with the best USDA or FHA loan efficiently and without obstacles. Start with one of three paths that lead to matching lenders and USDA loan solutions.
The USDA home loan, backed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is available exclusively in rural areas. Unlike FHA loans that require at least a 3.5% down payment, USDA loans require none at all.
Choice Credit Union and Illinois Electric Cooperatives Federal Credit Union (IECFCU) joined creating the state of Illinois’s first network credit union, Cooperative Choice Network Credit Union (CCNCU). The founding of the network credit union is to allow credit unions to become a part of the network credit union and its products and services.
Our mission is to set a high standard in the loan industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the loan process, so that you can confidently select the best loan for you and your company from the many loan options that are available today.
Flat Branch Home Loans is focused on providing low rate mortgages in Missouri with unparalleled service and expertise. Our experienced staff is the brightest in the industry and is ready to help you find the mortgage for your next home purchase or refinance. Please visit our web page at flatbranchhomeloans.com.
In December of 1914, W.R. Simpson, Byron Colburn, and S. E. Naffziger founded Goodfield State Bank in Mr. Naffziger’s country store. Patrons conducted banking business in one corner of the store until a building was completed in 1915.
Goodfield State Bank was officially incorporated in the State of Illinois in December of 1920
Better Banks is an employee-owned community bank offering all of the same financial solutions as other banks, but we're right here and committed to our local communities. Since 1898, Better Banks has been serving the banking needs of our local community. As a community bank, we support our local economy by providing loans to the neighborhoods.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
Redbrand Credit Union is a not-for-profit financial institution. We are here to serve our member’s financial needs. Our products and services are as diverse as our membership. Our core values are as strong as the steel forged in the factory from where we found our humble beginnings. We’re here to serve you.
We’re a “community” bank, and we take that role to heart. Our success depends on the strength of the people and organizations in the communities we serve. To that end, we believe volunteering is vitally important. Experience the real difference in banking with "A Real Community Bank." Our people know your name, and make a real effort.
Glasford Bank can trace its roots back to July 15, 1900, when it opened with just two deposits. Originally known as Farmers and Traders Bank, it was located at the corner of Main and Hickory in a converted cigar factory. In 1905, the bank was relocated into a new brick building on the south side of Main Street.
