FHA VS Conventional loan programs in 2025 for Galesburg, Knox County, Illinois

In the year 2025, the limit for Conventional loans in Galesburg, situated in Knox county, IL, is $726,200. For a single-family residence, the FHA limit is set at $472,030.

Utilize the Lendersa® Conventional loan calculator to evaluate top rates today between Conventional, FHA, and USDA loans. Determine the necessary income, credit, reserves, and documents for qualification. Our advanced mortgage calculator presents Conforming Conventional loans, USDA, FHA, and VA side by side, aiding you in choosing the most suitable option in IL for your financial situation.

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2025 loan limits and downpayment guidelines in Galesburg, Knox county, IL

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

The table applies to zip codes: 61401, 61402

Explore Conventional and FHA loan alternatives in Galesburg, IL

Lendersa® aims to secure the best possible Conventional, USDA, or FHA loans for you, quickly and without inconvenience. Pick from three introductory options that connect you to lenders and their loan offerings.

Lendersa USDA loan and matching results


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  • United Citizens Bank, customer service is our first priority. Our friendly, knowledgeable staff will stop at nothing to provide you with courteous service and a great banking experience and also UCB was founded on the solid banking principles of providing the products and services needed by the people and businesses in our communities and providing
  • Bank of Columbia
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  • Bank of Columbia has been serving the community of Adair County since 1866. Our commitment has not changed since the beginning–We want to see our businesses grow and our citizens thrive. We care about the success of our families, farms, local businesses and growing industries because your success is our success.
  • Sentry Bank
  • 400 4th Ave NE, Saint Joseph, MN, 56374
  • Since 1904 we have seen the Great Depression, the Great Recssion and two world wars. We have had 19 different presidents, including 11 republicans and 8 democrats and added 5 states to the union. We've moved from silver certificates to Federal Reserve Notes and done away with the gold standard.
  • Mortgages On Main
  • 303 Cedar St E, Saint Joseph, MN, 56374
  • Mortgages on Main has been providing financing to Central Minnesota clients for nearly a quarter century, and we’re proud to be rooted amongst the people who call this area home. With a simple phone call to our office, you’ll be on your way to discovering financial solutions to all of your mortgage needs.
  • Bank of Little Rock Mortgage
  • 500 SE Walton Blvd, Suite 18, Bentonville, AR, 72712
  • Bank of Little Rock Mortgage is a​ leading mortgage lender founded and headquartered in Arkansas. We originate residential home loans such as FHA, VA, Conventional, Rural Development and bond loans. We have several branches located throughout Arkansas, Alabama, Missouri. Florida and Utah.
  • Hero Mortgage, LLC
  • 609 SW 8th Street, Suite 600, Bentonville, AR, 72712
  • Hero Mortgage, LLC you’re buying, selling, refinancing or building your dream home, you have a lot riding on your Loan Officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who can give you quick and accurate financial advice.
  • New Season Mortgage, LLC
  • 900 SE 5th Street, Suite 22, Bentonville, AR, 72712
  • New Season Mortgage is a wholesale mortgage company. This simply means that we have more options to offer you. It allows you to shop for the best loan within your budget from one convenient place. No application fee. No Processing fee. The lowest interest rates in the industry.We’re local but offer a completely digital, streamlined experience.
  • Community Bank TN
  • 19 Natchez Trace Drive, Lexington, TN, 38351
  • Headquartered in Lexington, Tennessee, we are locally owned and managed. We have three full service branches, two in Lexington and one in Jackson, Tennessee. Community Bank associates are plugged in, serving our communities in just about every volunteer and service organization in our markets.