FHA VS Conventional loan programs in Colona, Henry County, Illinois

For 2026, the conventional loan limit in Colona, located within Henry county, IL, is set at $726,200. The FHA limit for a single-family home is $472,030.

The Lendersa® Conventional loan calculator allows you to evaluate the best rates for Conventional, FHA, and USDA loans today. Determine the necessary income, credit history, reserves, and documentation for qualification. Our advanced mortgage calculator offers side-by-side comparisons of Conforming Conventional, USDA, FHA, and VA loans, guiding your choice of the ideal program in IL suited to your financial situation.

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2026 Loan Limits and Downpayment Requirements in Colona, Henry County, IL

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

This comparison table applies to the zip codes: 61241

Conventional and FHA Loan Options in Colona, IL

Lendersa® strives to deliver the most suitable Conventional, USDA, or FHA loan efficiently without hassle. Choose one of three pathways to find matching lenders and loan solutions aligned with your needs.

Matching results for Lendersa's USDA loan requests


Colona Lenders

  • SERVICE PLUS CREDIT UNION
  • 2110 53rd Street, Moline, IL, 61265
  • Lends in Illinois
  • Service Plus Credit Union is a full service financial institution in Moline, Illinois which was established in 1950. Membership is open to anyone who lives or works in Rock Island or Henry counties, IL. Big enough to Serve you, small enough to Know you. Credit Union is a full service financial institution in Moline

  • Deere Employees Credit Union
  • 3950 38th Avenue, Moline, IL, 61265
  • Lends in Illinois
  • As an exclusive benefit to Deere employees and their families, Deere Employees Credit Union is focused on removing the frustrations of everyday banking and ALWAYS acting in the best interest of our members.

    By constantly investing in our people and technologies, Deere Employees Credit Union is able to provide consistent

  • SENB Bank
  • 3535 Avenue Of The Cities, Moline, IL, 61265
  • Lends in Illinois
  • SENB Bank has proudly served the Quad Cities and neighboring communities since forming in 1961 and is approximately $370 million in assets. In 2019 the bank expanded into the Stateline (Roscoe/Beloit) region of Illinois and Wisconsin, with six banking centers serving Illinois, Iowa and Wisconsin.

  • IH Mississippi Valley Credit Union
  • 2500 River Drive, Moline, IL, 61265
  • Lends in Illinois
  • Founded in 1934, our eight charter members were production line workers at the East Moline Works Plant. Open only three times a day during shift change, employees at the original office in the middle of the plant had to manage over the noise of the steel-wheeled trailers moving over the creosote floors.

  • Ruhl Mortgage
  • 1701 52nd Avenue, Moline, IL, 61265
  • Lends in Illinois
  • "Ruhl Mortgage is a full-service mortgage banker with experienced staff, offering expertise in every area of mortgage lending - from purchase and refinance to even construction lending.

    Ruhl Mortgage offers purchase and refinance loans, including FHA, VA, Rural Development loans, second home loans,"