USDA VS FHA in Watseka, Iroquois County, IL

In 2025, the USDA loan limit for a home in Watseka, part of Iroquois county, IL, stands at $336,500, compared to the FHA limit of $472,030 for a single-family property.

To compare the USDA and FHA rate advantages today, consider using Lendersa® USDA loan calculator. This tool helps you assess the necessary income, credit score, reserves, and documentation to qualify. It allows you to view USDA, FHA, Conforming, and VA program details side by side so you can choose the best fit for your financial needs in .

Browse loan offers from a variety of 100 lenders

Loan limits and down payment details for 2025 in Watseka, Iroquois county, IL

Type of Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Exploring USDA and FHA loans in Watseka, IL

At Lendersa®, our aim is to quickly and efficiently secure the optimal USDA or FHA loan for you. Choose from three different starting points to connect with the right lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in IL

A USDA home loan, endorsed by the U.S. Department of Agriculture, also referred to as the USDA rural development loan or USDA mortgage, is exclusive to rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA loans necessitate no down payment at all.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • First Funding Loans
  • 1 3rd Ave, Suite 4, Long Branch, NJ, 07740
  • First Funding Loans, we are dedicated to being the best hard money lenders in New Jersey. This is why we offer a simple and quick way to access loans for various types of property investments. Hard money loans are a great option because they are approved quickly, require minimum documentation and offer funds for projects
  • Planwealth Financial Services
  • 2104 Green Hill Drive, McKinney, TX, 75070
  • Planwealth Financial Services is a (5) STAR rated Zillow lender that offers conforming, jumbo, FHA, VA, hard money, Bank statement, and USDA loans. In addition, we guarantee to every client to provide the lowest rate and terms that they can find in the industry. Feel free to forward your current mortgage rate quote to [email protected].
  • Security Mortgage Co.
  • 5601 Soapberry Dr, McKinney, TX, 75070
  • Security Mortgage Co. of Allen set out in 2001 to provide quality, personal service for a growing local market & has been doing so ever since. As the market has evolved we have made the most up to date processing, competitive pricing & most of all quality, personal service. Security Mortgage Co. is a full service brokerage serving the North Texas.
  • Tribune Mortgage LLC
  • 8751 Collin McKinney Pkwy, Suite 1803, McKinney, TX, 75070
  • Tribune Mortgage We are passionate about our customers, our company, and our industry! 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.
  • LendNext Mortgage Corporation
  • 6800 Weiskopf Ave, Suite 150, McKinney, TX, 75070
  • At LendNext Mortgage Corporation, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you
  • Global Integrity Finance
  • 321 N Central Expressway, Suite 360, McKinney, TX, 75070
  • Global Integrity Finance specializes in investor financing. If an investor or broker, we want to grow with you while funding the projects. Our loan products specific to long/short term rentals and fix-n-flips. Reach out to us today to with your loan scenario and become approved today.
  • High Country Mortgage Services
  • 6401 Eldorado Pkwy, Suite 116, McKinney, TX, 75070
  • High Country Mortgage Services We’re committed to providing you with the highest level of service, Our broker, Raeanne Hagin has more than 31years experience in the mortgage industry. She has worked in every aspect of the Mortgage Industry which makes her an Expert in her Field. We're passionate about delivering exceptional Customer Service.
  • Service First Mortgage
  • 6800 Weiskopf Avenue, McKinney, TX, 75070
  • Service First Mortgage I provide clients with "Service Beyond Your Expectations My clients enjoy the added benefits of receiving my Home Buyers Privileges program and Preferred Buyer Status. My dedication to serving my clients best interest affords me the gratification of knowing I will always have clients and friends for life.
  • USA Mortgage Pros
  • 2150 S. Central Expressway, Suite 310, McKinney, TX, 75070
  • "Welcome to The CORE Team USA Mortgage - McKinney TX Our Team of dedicated mortgage professionals have one goal - to provide a superior customer service experience while properly matching our clients with the best home loan product available in the marketplace to assist them with their dream of home ownership."
  • Competitive Home Lending
  • 5900 S Lake Forest Dr, Suite 300, McKinney, TX, 75070
  • Competitive Home Lending keeps operating costs at a minimum to provide you with low mortgage rates from the best mortgage companies in the nation. We partner with the top mortgage banks and offer the same mortgage products but at a competitive,wholesale rate.To provide quality mortgage products at a competitive price and exceed client expectation
  • Global Integrity Finance LLC
  • 321 N Central Expy Ste 360, McKinney, TX, 75070
  • At Global Integrity Finance we take pride in the fact that we’re a nationally recognized commercial finance company dedicated to providing our clients with the very best of results. Our business lending experts are proud to be paving the way forward in various areas of commercial financing, including: Hard money Loans Fix-N-Flip Financing Inve
  • Inlanta Mortgage
  • 225 Main Street, Ste. 14, Destin, FL, 32541
  • Inlanta is a family owned business—and we run it that way. Treating our customers, partners and employees as family is why we believe we’ve been successful for our 25 years in service. Today, Inlanta is one of the nation’s fastest-growing independent mortgage banks with more than 250 team members serving borrowers in 24 states.