Explore the differences! FHA VS Conventional loan programs in Columbia, Monroe County, Illinois
For the year 2025, the Conventional loan limit in Columbia, which is within the county of Monroe, IL, is determined to be $726,200. In comparison, the FHA loan limit for a single-family home stands at $472,030.
Make use of the Lendersa® Conventional loan calculator to diligently compare today's top rates among Conventional, FHA, and USDA loans. This calculator aids in understanding the income, credit, reserves, and documentation requirements necessary for qualification. By utilizing our advanced tool, you can simultaneously view and compare Conforming Conventional, USDA, FHA, and VA loans. This side-by-side comparison helps determine the best financial program in IL tailored to your specific situation.
Review of 2025 Loan Limits and Down Payment Information in Columbia, County of Monroe, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
Please note, this comparison table is applicable to the zip codes: 62236
Exploring Options for Conventional and FHA Loans in Columbia, IL
The mission of Lendersa® is to facilitate the swift acquisition of the most advantageous Conventional, USDA, or FHA loan, completed without unnecessary delay or confusion. You can start by selecting one of three initial pathways designed to connect you with compatible lenders and suitable loan programs.
Our mission is to get to know and understand your needs, wants, and long-term goals. We want to help you develop, implement, and monitor a strategy that’s designed to address your individual situation. We understand the challenges families face today. Our commitment is to utilize all of our resources to help you pursue your goals.
Frontier Bank is a locally owned, community-minded independent bank. We've been dedicated to serving individuals and businesses with the highest degree of care, confidentiality and convenience since starting in Rock Rapids, Iowa in 1932. At Frontier Bank we always treat you like a BIG DEAL.
My passion is to positively impact the lives of individuals & families by providing wise mortgage advice & Godly direction to improve their financial future.
All home loans, FHA, VA, Conventional, Jumbos, USDA and Section 184. Purchases or refinances and also Jolynn has the knowledge and expertise to help you
The formation of The Yukon National Bank is closely associated with the formation of the Yukon Mill and Grain Company and the initial growth of the City of Yukon. Even though the Yukon Mill and Grain Company is no longer active, the buildings act as a reminder of where we’ve been and how we got there. Today, YNB boasts five locations
First American Mortgage, Inc. is locally owned & operated. Everything is done onsite from loan application/ underwriting to close! We are located at 1501 S. Ranchwood Blvd, Yukon, Ok I understand that buying a home is the single biggest financial event in most people's lives and take great pride in being able to offer superior personal service.
In 1954, Barksdale Federal was established to serve military and civilian personnel at Barksdale Air Force Base in Bossier City. While continuing to proudly serve the men and women, and their families, of Barksdale Air Force Base, we now serve over 1000 companies, associations, and churches.
Prime Capital Mortgage Inc. home based in Shreveport, LA. we serve customers in the great states of Texas and Louisiana. We are always flexible enough to cover all of your financial needs, whichever those might be. Regardless of whether you’re about to make a first-time home purchase or are trying to refinance your current loan.
910 Pierremont Rd, Suite 120, Shreveport, LA, 71106
"Crestar Mortgage Corporation is located in Shreveport, Louisiana.
We were established in the community to provide options for borrowers who desired the most competitive mortgage products and the most individualized care.
Our mission is to serve our customers with honesty, integrity and competence."
