Explore the differences! FHA VS Conventional loan programs in Newton, Jasper County, Illinois

In 2025, the Conventional loan limit in Newton, located in the county of Jasper, IL, is $726,200. Meanwhile, the FHA limit for a single-family home is $472,030.

Lendersa® Conventional loan calculator enables comparison of today's top rates for Conventional, FHA, and USDA loans. Assess necessary income, credit, reserves, and documents for qualification. Our advanced mortgage calculator offers a side-by-side view of Conforming Conventional, USDA, FHA, and VA loans, helping you select the optimal program for your finances in IL.

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2025 Loan Limits and Down Payment Requirements in Newton, Jasper, IL

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

This comparison applies to zip codes: 62448

Options for Conventional and FHA Loans in Newton, IL

The objective of Lendersa® is to swiftly secure the best Conventional, USDA, or FHA loans without hassle. Choose from three starting options to find lenders and loan programs that match your needs.

Lendersa USDA loan request and matching outcomes


  • The Farmers National Bank of Emlenton
  • 612 Main Street, Emlenton, PA, 16373
  • When we opened our doors in 1900, we did so with the aim of being a bank committed to the community in which we served and lived. Since then we have grown from one small office in Emlenton, Pennsylvania, to 20 community offices located in ten counties across western Pennsylvania and West Virginia.
  • Eagle Express Federal Credit Union
  • 567 S State Street, Jackson, MS, 39201
  • The purpose of Eagle Express Federal Credit Union is to promote thrift among its members by affording them an opportunity to accumulate their savings, and to create for them a source of credit for provident or productive purposes. This Credit Union is federally insured by the National Credit Union Administration.
  • Trustmark Mortgage Services
  • 401 N West St, Jackson, MS, 39201
  • Founded in 1889, Trustmark is one of the South’s strongest and most respected financial institutions, comprised of more than 2, 800 professionals serving customers in over 190 locations throughout Alabama, Florida, Mississippi, Tennessee and Texas. We offer a comprehensive range of personal and business banking services - from personal banking.
  • Innovative Closing Solutions
  • 351 N Peace Haven Rd., Winston Salem, NC, 27104
  • At ICS, we assess each transaction based on its own needs so that we can provide you with the right services for the situation. We are experienced with and equipped to handle contracts for deeds, private loans, lease purchases, lease options, purchase agreements, refinance closings, seller financing, assignments,
  • PrimePoint Mortgage LLC
  • 30 East Johnston Street, Suite B, Forsyth, GA, 31029
  • 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.
  • Community Bank
  • 1255 W Government St, Brandon, MS, 39042
  • One of the South’s fastest-growing financial institutions did not originate in a large, metropolitan area or grow with the usual Bank business plan. Community Bank started more than 115 years ago in a small timber community in east central Mississippi and has grown by employing a unique approach to one of America’s most routine industries.
  • Pendleton Community Bank
  • 128 North Main Street, Franklin, WV, 26807
  • PCB is an independent community bank dedicated to providing products and services that facilitate financial success for our customers, encouraging professional success for our team members, and stimulating economic growth in our communities. Serving West Virginia and Virginia since 1925, PCB is Your Bank for Generations.
  • Heartland Credit Union - Minnesota
  • 5500 South Robert Trail, Inver Grove Heights, MN, 55077
  • Heartland Credit Union is a not-for-profit financial cooperative focused on helping members achieve their financial dreams. Our members enjoy low loan rates, fewer fees and friendly, personal service. At Heartland we take pride in getting to know our members, their stories and their goals.
  • The First National Bank of Washington
  • 101 C Street, Washington, KS, 66968
  • FNB Washington was originally chartered as a national bank in 1883, the same year the Brooklyn Bridge opened and the year Buffalo Bill Cody debuted his "Wild West Show". We've been around longer than radio, neon lights and crayons, Hershey bars and Duct tape. We were serving customers before Einstein published the Theory of Relativity