Explore the differences! FHA VS Conventional loan programs in Benton, Franklin County, Illinois
In 2026, the conventional loan limit for Benton, within Franklin, IL is $726,200, whereas the FHA limit for single-family homes is $472,030.
The Lendersa® Conventional loan calculator allows you to weigh up today's rates for Conventional, FHA, and USDA loans. It helps identify the income, credit, reserves, and documentation required for qualification. This advanced tool lets you view Conforming Conventional, USDA, FHA, and VA loans side by side, aiding your decision on the best program in IL for your financial context.
2026 Loan Limits and Down Payments in Benton, Franklin, IL
Type
Limit
Down Payment
Conventional
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
Relevant for zip codes: 62812
Loan Options in Benton, IL
The aim of Lendersa® is to quickly connect you with the best loan, whether Conventional, USDA, or FHA, without unnecessary delay. Choose a starting point to match your requirements with suitable lenders and loan programs.
Southern Illinois Bank offers a comprehensive line of banking products with superior customer service. These products and services are offered through experienced, conscientious and conservative bank personnel who know their customer, their families and their needs. This kind of familiarity instills an extreme sense of customer loyalty.
Since 1906, our bank has been serving Jefferson County, Illinois. From 1906 to 2008, we operated as First National Bank which was originally chartered in Woodlawn, IL. We are proud to have been the only national bank to survive the Depression in Jefferson County, and we’re proud of our history of service to Jefferson County.
Murphy-Wall State Bank is here to provide quality bank services to our service area, & to provide a fair return to our shareholders. We will be responsible citizens & will participate in community activities, both by making contributions to worthwhile causes and by contributing our time as individuals. Our customers are our most important assets.
SIU Credit Union was founded in 1938 as Jackson County Teachers' Credit Union. Today, we serve 24 counties and many employer groups in southern Illinois. As a not-for-profit, member owned, financial cooperative, we believe in serving our membership instead of maximizing profits and Today, we serve 24 counties and many employer groups in southern Il
The First National Bank of Murphysboro opened its doors for business on the 13th day of May, 1889. The Jackson County Bank, a private institution owned by Medar Lucier and Joseph VanCloostere, was purchased. The First National Bank then occupied their quarters on the south side of the square until 1891,
At Banterra, we’ve been proud to serve customers since 1975, providing local-style service from day one. We know that smart banking is about relationships and understanding our customer needs, and having an exceptional team on board to accomplish that. That’s why we’d like for you to get to know us, as well,
Farmers State Bank is a locally owned and operated Community Bank. Our full service locations are available in Harrisburg, Illinois, Marion, Illinois and Alto Pass, Illinois. We are a FULL SERVICE COMMUNITY Bank. Expert Knowledge in Commercial Lending, Consumer Lending, Mortgage Lending, Agricultural Lending.
SouthernTrust Bank was organized in 2005 as a commercial state bank. The organizers had a strong desire to establish a community-minded financial institution that would service its local communities with personal service. SouthernTrust Bank is a locally owned financial institution with offices in Marion, Goreville, and Vienna, Illinois.
AJNB is proud to be the bank of choice for convenience and customer service in the area. With over a century of service, we have the knowledge and experience that our community has grown to trust and expect. We offer three locations with friendly and knowledgeable staff to serve you.
