FHA VS Conventional loan programs in 2025 for Columbia, Monroe County, Illinois
In 2025, Convetional loan limit in Columbia, county of Monroe, IL is $726,200 while FHA limit is $472,030 for a single-family home.
Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in IL is best for your particular financial situation.
2025 loan limits and downpayment requirments 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%
The comparison table applies to zip codes: 62236
Conventional and FHA loan options in Columbia, IL
Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.
Scott State Bank, originally named The Exchange Bank, was established in 1887. A. R. Scott, the founder, had an iron safe in his mill office and a number of his customers would leave money in it for safekeeping. He also cashed grain checks, and in this manner he “drifted” into the banking business.
We are the only locally-owned bank in Brown County, IL. With our focus on community for over 100 years, we have always aimed to provide our customers with the tools you need to thrive.
Recognizing that agriculture is the primary industry of Brown County, the policy of Farmers State Bank & Trust Co
Brown County State Bank was founded in Mt. Sterling, Illinois in 1901. In 2006, BCSB expanded to Adams County by joining with Golden State Bank in Golden, Illinois. In 2010, BCSB became part of United Community Bancorp, Inc. and since 2014, now serves customers as United Community Bank throughout Central Illinois and Northeast Missouri.
We are a locally and family owned, community bank that was established in 1914. We have seen significant growth since that time and now have additional locations in Marys Home, Freeburg and Osage Beach. Our slogan “Your Hometown Friend” is one we take great pride in, as that’s exactly what we are to our customers.
Alliance Community Bank is a $325 million financial institution operating four full service bank locations in Menard and Sangamon Counties. Trust services as well as the non-insured ACB Wealth Management division compliment the full array of traditional FDIC insured banking products offered through the bank.
Farmers Bank of Lohman is a community-oriented financial institution serving the Lohman and St. Martins, Missouri areas. The original incorporation of the Bank consisted of 100 shares of $100 par value purchased by investors from the local community of Lohman. We remain locally owned and operated and the descendants.
Highway Alliance Credit Union has been open since 1958. The credit union has assets totaling $24.93 Million and provides banking services to more than 2, 000 members.
The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
2915 W Truman Boulevard, Jefferson City, MO, 65109
Since 1955, Conservation Employees’ Credit Union (CECU) has existed as a financial institution owned by those people who save, borrow, and invest together as credit union members. As the credit union offers excellent returns on savings and low loan rates, each member has the opportunity to achieve greater stability and success.
