During 2025, in Waterloo, which is in Monroe county of IL, the USDA loan threshold is set at $336,500, while the FHA limit for a single-family dwelling is $472,030.
The Lendersa® USDA loan calculator can be used to compare today's optimal USDA versus FHA rates and identify the required income, credit, reserves, and documentation necessary for eligibility. This advanced mortgage calculator conveniently places USDA, FHA, Conforming, and VA loans side by side, assisting you in evaluating the most suitable program for your financial planning in
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| Loan Type | Loan Limit | Down Payment |
| USDA | $336,500 | 0% |
| FHA | $472,030 | 3.5% |
| Conventional Conforming | $726,200 | 3% |
At Lendersa®, our mission is to swiftly and effortlessly connect you with the most suitable USDA or FHA loans. Choose one of the following three steps to align with lenders and USDA loan offerings.
A USDA home loan is a government-guaranteed mortgage issued by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, tailored for rural areas. Unlike FHA loans necessitating a 3.5% minimum down payment, USDA mortgages do not require any down payment at all.
Enter your location to find out if it qualifies for USDA rural housing loan?
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