FHA VS Conventional loan programs in Rochester, Sangamon County, Illinois

In 2024, Convetional loan limit in Rochester, county of Sangamon, 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.

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2024 loan limits and downpayment requirments in Rochester, county of Sangamon, 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: 62563

Conventional and FHA loan options in Rochester, 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.

Lendersa USDA loan request and matching results


  • Nationwide Mortgage & Realty, LLC
  • 2625 Butterfield Road, Suite 308 S, Oak Brook, IL, 60523
  • Nationwide Mortgage & Realty, LLC Loan Originators, loan processors, and support staff will work around the clock to ensure your loan closes on time We pride ourselves on exceeding our customer’s expectations in finding competitive rates, service, and options for a home loan that is right for you.
  • Midwest Equity Mortgage, LLC
  • 2001 Spring Road, Suite 100, Oak Brook, IL, 60523
  • Midwest Equity Mortgage, a division of Celebrity Home Loans, LLC, we've assembled a team of mortgage specialists dedicated to helping our customers make the most of their largest and most important investment – their home. Built on a strong foundation of experience, commitment and customer service.
  • EClick Lending
  • "2001 Spring Road Suite 200", Oak Brook, IL, 60523
  • eClick Lending is an online mortgage company designed to help you achieve your mortgage goals at your convenience. As a division of Midwest Equity Mortgage, you can rest assured eClick Lending has the backing of an established mortgage company with a strong foundation of experience, commitment and customer service
  • REGIONAL federal credit union
  • 7144 Kennedy Avenue, Hammond, IN, 46323
  • REGIONAL Federal Credit Union is a member-owned and operated financial institution serving Northwest Indiana since 1961 The most comforting part about savings accounts at REGIONAL is the element of safety. Your accounts are federally insured by the National Credit Union Administration, an agency of the Federal Government, for up to $250,000
  • HLP Mortgage
  • 1235 South Highland Ave, Suite A, Lombard, IL, 60148
  • Founded in 2014, HLP Mortgage opened its doors to the Illinois community. We are a privately owned company and a full-service mortgage banker. Our focus is to better the community with the services we provide by offering low interest rates and an unequaled customer service experience.
  • Great Mortgage - Kris Krajecki
  • 1920 S Highland Ave, Suite 220, Lombard, IL, 60148
  • Great Mortgage has made the mortgage process easier is by integrating technology with our outstanding customer service.On our website you can submit a complete on-line, secure loan application or pre-qualify for an Arizona, Illinois, Indiana, Colorado, Florida, Missouri or Tennessee home loan. You may also evaluate your different financing options.
  • CU/America Financial Services, Inc.
  • 200 W 22nd Street, Suite 280, Lombard, IL, 60148
  • CU/America Financial Services is a local, Illinois-licensed mortgage company that has been serving the needs of our mortgage loan borrowers for 20 years. As a leader in the mortgage industry, we constantly strive to deliver excellence in every area of the loan transaction. Since our modest beginning in 1994.
  • NEIGHBORHOOD LOANS, INC
  • 55 West 22nd Street, Suite 130, Lombard, IL, 60148
  • Neighborhood Loans, we are passionate mortgage banking professionals with one goal in mind – make our clients, our priority. Neighborhood Loans is a Residential Mortgage Lender utilizing a business model aimed at educating and enabling consumers in a rapidly changing market. Our mission is to provide the finest service.
  • Market Place Mortgage Corp.
  • 246 E. Janata Blvd, Suite 220, Lombard, IL, 60148
  • Market Place Mortgage Corp Founded in 2008 by seasoned mortgage professionals with no place to go to share their ideal respect for customers Market Place Mortgage, like the name intended, was designed to offer choices to customers and put the customer first. We are a mortgage bank that offers the full spectrum of every lending option in the market.
  • Asset Mutual Mortgage,Inc
  • 2500 S Highland Ave Suite 310, Lombard, IL, 60148
  • Asset Mutual Mortgage has a reputation as one of the best mortgage lenders Chicago has to offer. With positive ratings overflowing on Zillow, you can be confident in trusting us to be your personal mortgage planner. Count on us to guide you through the process of buying or refinancing your home
  • First Savings Bank of Hagewisch
  • 13220 S. Baltimore Avenue, Chicago, IL, 60633
  • Since 1914, First Savings Bank of Hegewisch has been helping people achieve the American Dream...home ownership. We offer mortgage programs designed to meet the needs for single family, condominium and townhome residential home buyers and First Savings Bank of Hagewisch is a bank with operations in two states.
  • Heritage Federal Credit Union
  • 8266 Bell Oaks Dr, Newburgh, IN, 47630
  • Heritage Federal Credit Union began in 1965 as Warrick Employees Federal Credit Union for the employees at ALCOA Warrick Operations in Newburgh, Indiana. We had an interesting start to the credit union - United Steel Workers Local 104 union members started conducting financial transactions out of the trunk of a car.