FHA VS Conventional loan in Mount-Vernon, Jefferson County, Illinois
As of 2025, the conventional loan limit in Mount-Vernon, situated in Jefferson county, IL, is $647,200. In contrast, for a single-family home, the FHA limit is $420,680.
Utilize the Lendersa® Conventional loan calculator to examine today’s leading rates for Conventional, FHA, and USDA loans. Determine the necessary income, credit, reserves, and documents required for qualification. Our sophisticated mortgage calculator lets you compare Conforming Conventional, USDA, FHA, and VA loans side by side, helping identify which program in IL aligns best with your financial needs.
2025 Loan Limits and Down Payment Necessities in Mount-Vernon, Jefferson County, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$285,000
0%
FHA
$420,680
3.5%
Applicable for zip codes: 62864
Available Loan Options: Conventional and FHA in Mount-Vernon, IL
At Lendersa®, we strive to quickly secure you the most favorable Conventional, USDA, or FHA loan with minimal hassle. Choose one of the three starting points to connect with matching lenders and their respective loan programs.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
Lightning Home Loans is determined to achieve excellence in the mortgage origination industry and we have built a team to best service your needs. From start to finish our team goes above and beyond making sure that you understand every part of the process. We understand that the most critical decision for you as a borrower is to choose a team.
Star Mortgage can be counted on to present all the programs with an emphasis on the lowest fixed rate and the lowest cost mortgages. Our Company is dedicated to the Mortgage Process, whether you are a First Time Homebuyer or a family looking to refinance. We offer mortgages of all types. We can help get you the home of your dreams!
We are a full-service mortgage company based in Fenton, Michigan. Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks.
The Farmers Savings Bank is a branch office of The Farmers Savings Bank. They provide the following services: Full Service Office Location and are located at 111 West Main Street in Spencer Ohio.
Mobile and traditional directions to this location can be found below along with ratings, their phone number, online banking website
Community Savings is a community-oriented financial institution that provides customized loan and deposit services for personal and small business needs. Keeping technology at the forefront, Community Savings has never been more accessible than now. Community Savings is committed to reinvesting funds locally.
For over one hundred years now, The Farmers and Merchants Bank has been recognized as a cornerstone and a leading financial partner in the community. Located on the Square in the Caldwell Business District, the bank has occupied the same building; adapting it for their changing needs
Security Bank is your neighborhood bank. Our Mission is To help our customers meet their financial goals through banking, prudent lending, investment and insurance services. We will earn the confidence of our customers each day by providing dependable services and reliable information at their convenience, not ours.
