Explore the differences! FHA VS Conventional loan programs in Normal, McLean County, Illinois
In 2024, Convetional loan limit in Normal, county of McLean, IL is $726,200 while FHA limit is $472,030 for a single-family home.
Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in IL is best for your particular financial situation.
2024 loan limits and downpayment requirments in Normal, county of McLean, IL
Loan Type
Loan Limit
Down payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
The comparison table applies to zip codes: 61761, 61790
Conventional and FHA loan options in Normal, IL
Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.
First National Bank of Gillette was founded in 1963 by Teno Roncalio and other members of the local business community. In 1965, Raymond Saunders purchased the majority interest in FNB and became Chairman. Today, Raymond’s son, Sam, has taken the reins as President & CEO. Sam ensures the vision of FNB remains
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