FHA VS Conventional loan programs in 2025 for Flora, Clay County, Illinois

In 2025, the Conventional loan limit in Flora, within the borders of Clay county, IL, is set at $726,200, whereas the FHA limit for a single-family house is $472,030. This information helps borrowers understand the maximum loan amounts they can consider for securing a home in the respective areas.

Employ the Lendersa® Conventional loan calculator to effectively analyze the top rates available today across Conventional, FHA, and USDA loans. Determine the income, credit levels, reserves, and documentation necessary to qualify. With this advanced tool, you gain insights into Conforming Conventional, USDA, FHA, and VA loans side by side, making it easier to select the best loan program in IL that fits your specific financial circumstances.

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2025 Loan Limits and Down Payment Requirements in Flora, Clay, IL

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

This comparison chart is applicable to the zip codes: 62839

Options for Conventional and FHA Loans in Flora, IL

Lendersa® strives to ensure you access the best available loan options, including Conventional, USDA, or FHA, quickly and without hassle. Choose from three distinct pathways to connect with the right lenders and loan programs tailored for your needs.

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  • Hanover Mortgage
  • 2502-A Wade Hampton Blvd, Greenville, SC, 29615
  • In May 1998, when Colin Philbrick realized the need for a mortgage company that put clients first, Hanover Mortgage Company was founded. Although the shape and size of the company have changed over the past 20 years, the focus has remained on the people who walk through the door looking for advice, for answers, and for loans.
  • Palmetto State Home Mortgage
  • 538 Old Howell Rd, Suite 101 & 102, Greenville, SC, 29615
  • Welcome to Palmetto State Home Mortgage. We’re a Mortgage company, backed by a Marine Corps Veteran founder, Shawn Ezell. The complete team at Palmetto State Home Mortgage has over 80 combined years of experience in the mortgage business. From Underwriting, funding, originating, bank loans, and now as mortgage brokers; we have done it all
  • MORAN FINANCIAL GROUP LLC
  • 4594 Cloister Circle, Hampton, GA, 30228
  • We are a full-service mortgage company based in Hampton, GA. We specialize in First Time Buyer Prequalification in Hampton. We also serve the surrounding cities in Henry County. Whether you are buying a home or refinancing in any of these zip codes: 30228, 30253, 30281, we can help you realize your dream of home ownership
  • Woodmen Federal Credit Union
  • 1700 Farnam Street, Suite 1000, Omaha, NE, 68102
  • Woodmen Federal Credit Union has been open since 1934. The credit union has assets totaling $10.66 Million and provides banking services to more than 1, 000 members. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups,
  • Omaha Public Power District Employees Federal Credit Union
  • 444 S 16th Street, Omaha, NE, 68102
  • The Omaha Public Power District Employees Federal Credit Union (OPPD EFCU) was established in 1938 as a nonprofit financial cooperative for the employees of the Omaha Public Power District and their families. We are member owned and operated under the direction of an elected volunteer board made up of OPPD employees.
  • Gallup Federal Credit Union
  • 1001 Gallup Drive, Omaha, NE, 68102
  • Gallup Federal Credit Union has been open since 1979. The credit union has assets totaling $21.6 Million and provides banking services to more than 2, 000 members. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups
  • LeverageRx
  • 808 Conagra Drive, Omaha, NE, 68102
  • LeverageRx is a digital lending and insurance marketplace exclusively for doctors. We make it incredibly simple to compare rates on physician mortgage loans, physician disability insurance, student loan ReFinancing, and other financial services for medical professionals. Make smart, swift financial decisions with LeverageRx.
  • Farmers and Merchants Bank
  • 2 First Street North East, Lafayette, AL, 36862
  • Farmers and Merchants Bank was established in 1934 and continues to operate in the same location in which the bank first opened its’ doors. Through the years the bank has modernized its' facilities and services to better serve its’ customers and fit into the community. We are a locally owned community bank and serve Chambers County
  • Union Pacific Streamliner Federal Credit Union
  • 1400 Douglas Street, MS 0040, Omaha, NE, 68179
  • Since our origin in 1937, the Union Pacific Streamliner Federal Credit Union has been serving our members, Union Pacific employees, and their families, with exceptional service and financial products. Union Pacific Streamliner Federal Credit Union focuses our energies on delivering the very best personal service to our members,
  • First National Bank of Omaha
  • 1620 Dodge Street, Omaha, NE, 68197
  • For a century and a half, FNBO, a subsidiary of First National of Nebraska, has set the standard for outstanding customer service coupled with some of the most innovative financial products in the industry. When it opened in 1857, FNBO was a local bank that served only Omaha and the surrounding communities.
  • Valley One Community Federal Credit Union
  • 2990 Johnson Road, Steubenville, OH, 43952
  • Valley One Community Federal Credit Union has been open since 1965. The credit union has assets totaling $41.47 Million and provides banking services to more than 3, 000 members. The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member