FHA VS Conventional loan programs in 2025 for Nokomis, Montgomery County, Illinois

In 2025, the Conventional loan limit for Nokomis, situated in Montgomery, IL, is $726,200. Meanwhile, the FHA limit for a single-family home is $472,030.

Utilize Lendersa® Conventional loan calculator to compare the current best rates for Conventional, FHA, and USDA loans. Determine necessary income, credit details, reserves, and qualification documents. With our advanced mortgage calculator, view Conforming Conventional loans, USDA, FHA, and VA options side-by-side to decide which program in IL best suits your financial circumstances.

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2025 Loan Limits and Down Payment Information in Nokomis, Montgomery, IL

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

This table applies to zip codes: 62075

Conventional and FHA Loan Options in Nokomis, IL

Lendersa® is committed to obtaining the best available Conventional, USDA, or FHA loan for you quickly and hassle-free. Choose from three starting points that connect you with matching lenders and programs.

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  • The Gerber State Bank
  • 110 East Elm Street, Argenta, IL, 62501
  • The Gerber State Bank, Argenta, Illinois, was founded by James W. Brown and Samuel Gerber as a partnership under the names of “Brown and Gerber Bankers”, in 1887. The bankers opened for business in a wooden frame building just north of the railroad tracks along North Street. Eventually, that wooden structure burned to the ground.
  • Midwest Members Credit Union
  • 101 Wesley Drive, Wood River, IL, 62095
  • Midwest Members Credit Union has been serving our membership since 1935. . With our recent expansion, now people in 10 Illinois Counties are eligible for the benefits of being a member of Midwest Members Credit Union. Great savings and loan rates, most recent banking technology, mobile and online banking, and service to our communities
  • Dieterich Bank
  • 101 S Main St, Dieterich, IL, 62424
  • We are a community bank, with community values. Our employees are your friends and neighbors, which is why we are so passionate about helping our customers and the communities we serve. Live for Today. Bank for Tomorrow. We’ve served the people of Illinois for over 100 years. Now, the good people of Edwardsville are also in those ranks!
  • First Mid
  • 1515 Charleston Ave, Mattoon, IL, 61938
  • First Mid Bank & Trust, N.A. (“First Mid Bank”); First Mid Wealth Management Co.; and First Mid Insurance Group, Inc.First Mid is a $6.0 billion community-focused organization that provides a full-suite of financial services including banking, wealth management, brokerage, ag services, & insurance through a sizeable network of locations throughout.
  • Jersey State Bank
  • 1000 South State Street, Jerseyville, IL, 62052
  • On January 10, 1903, Theodore S. Chapman, Frederick Jacobs, Joseph R. Fulkerson, and Allen M. Slaten were granted permission to organize a bank to be known as the Jersey State Bank with capital stock of $25, 000.On January 28, 1903 Jersey State Bank opened its door for business at 123 West Pearl Street in Jerseyville
  • Bank of O'Fallon
  • 901 S. Lincoln Ave., O Fallon, IL, 62269
  • The Bank of O’Fallon has been proudly serving the needs of O’Fallon, Shiloh and the surrounding areas since 1959. It stands as one of the oldest businesses in O’Fallon and is committed to the future of the metro east as the area continues to grow. Please stop in today or give us a call to see what we can do for you.
  • Delmar Mortgage
  • 1405 N. Green Mount Rd, Suite 250, O Fallon, IL, 62269
  • Delmar Financial Company is a full-service mortgage company helping new and experienced buyers find their dream homes. Delmar Financial offers a wide range of mortgage products that allow us to fit the best loan to the specific needs of each client. Our products range from conventional, Jumbo, FHA, VA, and more.
  • GCS Credit Union
  • 3970 Maryville Road, Granite City, IL, 62040
  • Founded in 1941 as a source of loans and basic savings products, GCS Credit Union has always focused on the member. Through the years, that philosophy has served us well, helping us grow from a single office in Granite City to a full-service financial institution serving the following Illinois counties: Sangamon, Logan,
  • Qualify 4 mortgage
  • 2245 Pontoon Rd, Granite City, IL, 62040
  • Qualify 4 mortgage common Types of Mortgage to help you determine which loan would be best for you. You should consult with Dave Anderson to determine which type of mortgage is best suited for your individual circumstance. We specialize in these loans FHA Mortgage, VA Mortgage, Conventional Loan and more.
  • THE FARMERS STATE BANK AND TRUST COMPANY
  • 200 West State Street, Jacksonville, IL, 62650
  • The Farmers State Bank and Trust Company has been proudly serving the Morgan County Community for over 100 years. The Farmers State Bank and Trust Company was organized in 1910 under a charter issued by the State of Illinois. Upon subscribing the necessary capital, a group of prominent businessmen.
  • West Central Bank
  • 400 East Buchanan Street, Ashland, IL, 62612
  • West Central Bank proudly continues its tradition as a Community Bank. Officers, board members, and staff are very active in local civic, economic development, fraternal and religious organizations; they are a vital part of the communities that we serve. West Central Bank operates branches in Ashland, Beardstown, Rushville, and Springfield.
  • Arcola First Bank
  • 127 South Oak Street, Arcola, IL, 61910
  • Arcola First Bank is a branch office of Arcola First Bank. They provide the following services: Full Service Office Location & are located at 127 South Oak Street in Arcola Illinois. Mobile & traditional directions to this location can be found below along with ratings, their phone number, online banking website and additional banking information