For 2026, in Olney, within Richland county, IL, the conventional loan limit is $726,200. Meanwhile, the FHA loan limit for a single-family home is $472,030.
Try the Lendersa® Conventional loan calculator to compare current rates: Conventional Vs. FHA Vs. USDA, and find out what income, credit, reserves, and documentation you need to qualify. Our advanced mortgage calculator allows you to see Conforming Conventional, USDA, FHA, and VA loans side-by-side, assisting in choosing the best program in IL for your needs.
Compare loan offers from 100 lenders
| Loan Type | Loan Limit | Down Payment |
| Conventional Conforming | $726,200 | 3% |
| USDA | $336,500 | 0% |
| FHA | $472,030 | 3.5% |
Note: These comparisons apply to zip codes: 62450
The aim of Lendersa® is to secure the best Conventional, USDA, or FHA loans for you swiftly and with ease. Start with one of three options to line up with prospective lenders and loan programs.
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