Explore the differences! FHA VS Conventional loan programs in Peoria-Heights, Peoria County, Illinois
In 2025, the limit for conventional loans in Peoria-Heights, situated in Peoria county, IL, is $647,200. The FHA loan limit for a single-family home is $420,680.
Leverage the Lendersa® Conventional loan calculator to compare today's prime rates across Conventional, FHA, and USDA loans. Determine the income, credit, reserves, and documentation needed for qualification. Use our advanced mortgage calculator to view Conforming Conventional, USDA, FHA, and VA loans side by side, helping you choose the best program for your financial requirements in IL.
2025 Loan Limits and Down Payment Needs in Peoria-Heights, Peoria, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$285,000
0%
FHA
$420,680
3.5%
This comparison table is relevant for zip codes: 61616
Options for Conventional and FHA Loans in Peoria-Heights, IL
Lendersa® aims to quickly connect you with the most suitable Conventional, USDA, or FHA loan options without hassle. Choose from three different starting points to match with lenders and loan programs.
First National Bank of Jasper is located in Jasper, TX, United States and is part of the Depository Credit Intermediation Industry. First National Bank of Jasper has 57 total employees across all of its locations and generates $8.38 million in sales (USD). For over 50 years, First National Bank has provided trustworthy, friendly service.
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NET Credit Union We can service all of your personal finance needs - from everyday checking (with no fees) to saving for long-term. Check out our low-interest rates on all types of loans.and also NET Credit Union is non-profit bank located in Northeastern, Pennsylvania. All employees are trained credit score specialist.
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