FHA VS Conventional loan in Gibson-City, Ford County, Illinois

For the year 2025, in Gibson-City, county of Ford, within IL, the Conventional loan limit is $647,200, whereas for a single-family home, the FHA limit is $420,680.

The Lendersa® Conventional loan calculator can be used to evaluate today’s best rates for Conventional, FHA, and USDA loans. It helps ascertain the necessary income, credit, reserves, and documentation required. With this comprehensive mortgage calculator, you can compare Conforming Conventional loans, USDA, FHA, and VA side by side, aiding your decision on the most suitable program in IL for your financial situation.

Compare loan offers from a selection of 100 lenders

2025 Loan Limits and Down Payment Requirements in Gibson-City, county of Ford, IL

Loan Type Loan Limit Down Payment
Conventional Conforming $647,200 3%
USDA $285,000 0%
FHA $420,680 3.5%

This comparison table pertains to the zip codes: 60936

Conventional and FHA Loan Choices in Gibson-City, IL

Lendersa® aims to quickly and effortlessly help you secure the best possible Conventional, USDA, or FHA loan. You can choose from three starting paths, each leading to a variety of lender and loan program matches.

Lendersa USDA loan request and matching results


  • Red Wagon Mortgage LLC
  • 224 West 35th Street, Suite 1401, New York, NY, 10001
  • Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
  • Sky Equity, LLC.
  • 43 West 33rd Street, Suite 504, New York, NY, 10001
  • Sky Equity, LLC is a hard money lending and real estate investment company, providing creative funding solutions for Borrowers, while consistently delivering healthy returns for Investors. Efficient loan processing, conservative underwriting and in-depth knowledge of market conditions are all hallmarks of Sky Equity
  • Brooklyn Funding Group Ltd.
  • 33 35th St A404, Brooklyn, NY, 11232
  • Brooklyn Funding Group makes short-term lending simple and stress-free. Our experienced team ensures a smooth process, turning your real estate goals into reality. We offer fast financing for 1-4 unit properties with up to 90% LTC, up to 75% ARV, and rates starting at just 7.7%. Whether it’s a fix-and-flip or an investment opportunity, we’re here t
  • The First National Bank of Jeanerette
  • 1331 Main Street, Jeanerette, LA, 70544
  • The First National Bank is committed to the families and businesses of our communities through tailored financial solutions, service and responsiveness. Finance your needs backed by the savings you've already established with us. Best of all, your savings remain intact, and incurring interest.
  • Saxon Spencer Capital
  • 57 W. 57th Street, Suite 300, New York, NY, 10019
  • Saxon Spencer Capital, founded in New York in 2016, is a nationwide private lending platform, affording unique insight to the investment community; combining old-fashioned values with a sophisticated modern approach in solving the multiple labyrinths of the financial markets today. Saxon Spencer Capital creates customized financial solutions.
  • Tower Fund Capital
  • 1325 6th Ave, New York, NY, 10019
  • Tower Fund Capital owns and operates private equity funds engaged in business of providing asset-based debt solutions for real estate industry. With 35 years of experience in real estate, banking, investments, acquisitions, financing, debt restructuring and workouts. We pride ourselves in finding a solution to any situation.
  • BorrowMoney
  • 512 Bayshore Drive, Suite 201, Fort Lauderdale, FL, 10019
  • We provide you with reputable lending institutions and financial information to break down how the borrowing will work so you can select the best option to fit your personal situation. Our Mission to provide resources, support, and comparative lenders for businesses, organizations and individuals at every stage of their financial journey.
  • Dynasty Mortgage Network LLC
  • 707 Union Avenue, Suite 201, Brielle, NJ, 08730
  • Dynasty Mortgage is a premium mortgage company dedicated to providing affordable home loans for customers with various types of credit records. Whether you want a fixed rate mortgage, adjustable rate mortgage, a home equity loan, refinance, purchase, investment or debt consolidation, we have a loan for you with the lowest rates available.