USDA Vs. FHA Pro and Con comparison in Washington-Park, St. Clair County, IL
For 2025, the USDA loan cap in Washington-Park, within the boundaries of St. Clair county, IL, is set at $285,000. In comparison, the FHA limit for a single-family residence is $356,362.
Take advantage of the Lendersa® USDA loan calculator to evaluate the prime USDA versus FHA rates today and ascertain the necessary income, credit, reserves, and documentation needed for qualification. Our cutting-edge mortgage calculator allows you to see USDA, FHA, Conforming, and VA loan possibilities side by side, helping you choose the best program in for your unique financial needs.
2025 Loan Limits and Down Payment Specifications in Washington-Park, St. Clair County, IL
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Choices in Washington-Park, IL
The mission of Lendersa® is to quickly and efficiently secure you the most suitable USDA or FHA loan available. You can start by selecting one of three different methods to find lenders and USDA loan opportunities tailored to you.
A USDA home loan is government-backed by the U.S. Department of Agriculture, known as a USDA rural development loan or USDA mortgage, and is available only in rural areas. In contrast to FHA loans, which necessitate a minimum down payment of 3.5%, the USDA loan requires no down payment at all.
Community Credit Union has been serving our members & the community since 1945 and hopes you will give us the opportunity to serve you. We also believe strongly in giving back to our community. After all, Community is our name. Board Members, Management and employees of Community Credit Union are personally involved by serving on community boards.
Milestones Federal Credit Union (formerly known as Lewiston Municipal Federal Credit Union) has been open since 1944. We have amazing low rates, and higher rates for certificates. The credit union has assets totaling $30.13 Million and provides banking services to more than 2, 000 members.
Maine Family Federal Credit Union offers home loans, car loans, VISA Cards, free checking, online banking and much more! Whatever you need check with Maine Family Federal Credit Union offers home loans, car loans, VISA Cards, free checking, online banking and much more! Whatever you need check with us first. Experience the Feeling of Family.
Lewiston Municipal Federal Credit Union Not-for-profit, member owned cooperative providing financial services to the employees and their family members of the Cities of Lewiston and Auburn Maine, including City Hall, Public Works, Schools, Housing Authority, Fire Department, Police Department, Library, etc.
The LISBON COMMUNITY FEDERAL CREDIT UNION is a not for profit, full service financial institution owned by and operated for our Members. The LCFCU was founded in 1959 to serve those who reside or work in the Lisbon, Lisbon Falls and Durham areas. Since that time, this federally chartered, federally insured Credit Union has grown steadily.
As a cooperative, not-for-profit financial institution, we are able to offer lower rates on loans, higher dividend rates on your accounts, fewer fees, and more flexible and personalized financial services to our members than our larger, for-profit competitors. That means more of your hard-earned money stays in your pocket, and in our community.
Proudly serving our community with personalized, friendly service since 1957! We offer a wide variety of financial services to meet your needs. Our mission is to provide products and services that meet the needs of our members. In the fall of 1957, a group of people were called upon to create a credit union for the local parish.
Monmouth Federal Credit Union, a branch of Great Falls Regional Federal Credit Union is a member owned credit union. We service members throughout Androscoggin County Monmouth, and Litchfield. We are continually working to bring new products & services to you, our members! We invest in our communities with a variety of events and fundraisers.
With over a "Century of Service" to Phillips County, The First State Bank of Malta was organized on Jan. 8, 1903. The new bank was chartered with an authorized capital of $50,000.00. The First State Bank has grown and changed in many ways over the past 112 years, however, it still maintains the same qualities
