USDA VS FHA in West-Peoria, Peoria County, IL

In 2025, the USDA loan limit for West-Peoria in Peoria County, IL, is valued at $285,000. For a single-family home, the FHA limit stands at $356,362.

Leverage the Lendersa® USDA loan calculator to evaluate today's competitive USDA versus FHA rates, and determine the necessary income, credit status, reserves, and needed documents for qualification. Our advanced mortgage calculator presents a detailed side-by-side comparison of USDA, FHA, Conforming, and VA loans, helping you choose the best option available in for your specific financial conditions.

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2025 Loan Limits and Downpayment Requirements in West-Peoria, Peoria County, IL

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

Options for USDA and FHA Loans in West-Peoria, IL

This main objective of Lendersa® is to secure the best USDA or FHA loan for you swiftly and hassle-free. You can select one of three starting strategies that match you with appropriate lenders alongside USDA loan programs.

Lendersa USDA loan request and matching outcomes

What is a USDA Loan in IL?

The USDA home loan, backed by the Department of Agriculture, commonly known as a USDA rural development loan or USDA mortgage, is exclusive to rural areas. Unlike FHA loans that demand a minimum of 3.5% down payment, USDA mortgages require no down payment at all.

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



  • American Nationwide Mortgage Company Inc.
  • 3820 Northdale Blvd, Suite 111A, Tampa, FL, 33624
  • American Nationwide Mortgage Company was established over 21 years ago. Our company’s mission is to assist the borrower in obtaining competitive rates while obtaining the highest expectation of service and customer satisfaction. We know that interest rates alone are not enough. As a result we provide an exceptionally high level of service
  • Northern Bank & Trust Company
  • 275 Mishawum Road, Woburn, MA, 01801
  • Since 1960, Northern Bank has been the banking partner of choice for businesses and consumers throughout New England. We take an entrepreneurial, commonsense approach to providing a complete line of banking solutions. We are deeply invested in the communities we serve and passionately committed to helping you, our customers, grow.
  • Common Trust Federal Credit Union
  • 8 Cedar Street, Woburn, MA, 01801
  • Common Trust Federal Credit Union is a member-owned financial institution that provides personal banking services. Our mission is to be the familiar face that guides our membership to financial stability by building lifelong relationships with each individual and providing them with the solutions needed to meet their unique goals
  • Priority Funding
  • 300 Trade Center Drive, Suite 4580, Woburn, MA, 01801
  • Priority Funding Solutions specializes in getting your business the capital it needs fast. Small and medium businesses sometimes struggle to raise the funds needed to succeed when going through a bank or other traditional lender. Priority Funding Solutions approves satisfactory applications in as little as 24 hours.
  • Sparta Financial LLC
  • 400 TradeCenter, Suite 5900, Woburn, MA, 01801
  • At Sparta Financial, LLC we use our experience to help our clients achieve their dream of home-ownership throughout Massachusetts & New Hampshire. We carefully analyze their needs to ensure they end up with the right mortgage product. Our mission is simple; Provide great service and develop long lasting relationships
  • LENDMARK MORTGAGE COMPANY
  • 400 Tradecenter Dr Suite #5900, Woburn, MA, 01801
  • Lendmark Mortgage Corporation is a Mortgage Brokerage company specializing in providing a variety of mortgage loans. Since its inception in 2005, Lendmark has experienced significant growth by following its original mission of meeting the personal lending needs of clients, by offering a combination of low rates and superior service.
  • Swigart and Company Capital Finance Group
  • 1966 Freedom Dr, Clearwater, FL, 33755
  • I have 21 yrs experience in the space with 18 yrs specializing in Renovation/Construction Lending with more than 3000 renovation and construction fundings in my career. I'm VP of Renovation and Construction Lending for a mortgage bank, and also have my own commercial loan brokerage company. I have in depth experience with an extensive record of suc
  • My FL Home Loans Inc
  • 1130 Cleveland Street, Suite 288, Clearwater, FL, 33755
  • Our mortgage team members will give you the individual attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in purchasing a home, refinancing a mortgage, or tapping into your home equity. So we make a promise to you: we will help you qualify, apply and be approved for the ideal loan.