FHA VS Conventional loan programs in Bushnell, McDonough County, Illinois
In 2025, the Conventional loan cap in Bushnell, which is in the county of McDonough, IL, is $726,200, whereas the FHA limit for a single-family home is $472,030.
With the Lendersa® Conventional loan calculator, you can compare the leading rates of today for Conventional, FHA, and USDA loans. This helps determine the necessary income, credit, reserves, and documents for qualification. Our advanced mortgage calculator allows you to see Conforming Conventional, USDA, FHA, and VA loan options side by side, assisting in selecting the best program in IL for your financial scenario.
2025 Loan Limits and Down Payment Needs in Bushnell, McDonough, IL
Loan Type
Loan Limit
Minimum Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This table is relevant for these zip codes: 61422
Available Conventional and FHA Loan Options in Bushnell, IL
The main aim of Lendersa® is to help you secure the best possible Conventional, USDA, or FHA loan efficiently and without complications. Choose from three paths to find matching lenders and loan programs.
First State Bank of Beecher City has been providing personal service to its friends and neighbors.
Beginning as a private institution, P.R. Phillips & Co, Bankers of Beecher City started in 1907. Later in 1910, The First State Bank of Beecher City was incorporated with 14 original stockholders and began construction of a new building.
At Lankford Capital, we provide customized lending solutions and debt advisory services to real estate investors and developers at every stage of their journey. Specializing in direct lending for 1-4 unit, non-owner-occupied residential properties with loan amounts from $100,000 to $5 million, we empower investors with the capital needed to scale t
12140 Woodcrest Executive Dr, Suite 150 St., Saint Louis, MO, 63141
At USA Mortgage, a subsidiary of DAS Acquisition Company, LLC., our mission remains the unrelenting pursuit of perfection. We pride ourselves on our local lending excellence and the superior level of service that our status as a mortgage bank enables us to provide.
We keep opening doors as a mortgage industry leader
12747 Olive Blvd, Suite 300, Saint Louis, MO, 63141
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 and your family from the many mortgage options that are available today.
Philo Exchange Bank's history spans six generations of customers across East Central Illinois. Started in 1883 by Dr. Calvin Ebeneezer Parker, the bank was purchased by Elisha Hazen, a local grain and implement dealer in 1899. The bank took over Philo State Bank in 1933. Nathan Rice succeeded the Hazen family leadership in 1952.
112 South Hanley Road, Suite 120, Clayton, MO, 63105
M1 Bank is a Boutique Financial Institution specializing in Low-to-Moderate Income Housing (LIHTC), Renewable Energy (ITC – Investment Tax Credit) and Historic Tax Credit Development Lending on a National Scale.
M1 is a High-Performance Financial Institution recognized by S&P Global as one of the Top 100 performing institutions
The Business Bank of St. Louis was founded in 2002 and became Stifel Bank on August 31, 2018. Based in Clayton, Missouri, Stifel Bank serves growing and middle market businesses and their owners with a full range of lending, deposit, treasury and private banking services. We have the flexibility and resources to offer our customers the banking
We offer Banking and financial services with offices in Arizona, Kansas, Missouri and New Mexico. Member FDIC, Equal Housing Lender Enterprise Bank & Trust was founded nearly 30 years ago on the idea of serving the lifetime financial needs of privately-held businesses their owner families and other success-minded individuals.
7777 Bonhomme Avenue, Suite 1800, Saint Louis, MO, 63105
We specialize in conventional, FHA, Veterans (VA) & Jumbo Loans. We work with 8 major banks, but don't have any allegiance to a specific one. Because of that fact we are able to routinely offer you some of the lowest rates in the country. What separates us from other local brokers is that you will never have to pay ANY broker fees
