FHA VS Conventional loan programs in 2025 for Sherman, Sangamon County, Illinois
For 2025, the Conventional loan limit in Sherman, within Sangamon county, IL, is set at $726,200. In contrast, the FHA loan limit for a single-family home stands at $472,030. These limitations are crucial for understanding the financing options available in these regions.
Take advantage of the Lendersa® Conventional loan calculator to explore the best rates between Conventional, FHA, and USDA loans today. With our comprehensive tool, you can determine the required income, credit standing, reserves, and documents for qualification. This advanced tool displays Conforming Conventional, USDA, FHA, and VA loans side by side, helping you decide which option in IL best suits your financial circumstances.
2025 Loan Limits and Down Payment Requirements in Sherman, Sangamon, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This chart applies to ZIP codes: 62684, 62707
Conventional and FHA Loan Options in Sherman, IL
The mission of Lendersa® is to provide you with the best possible loan options swiftly, whether it's Conventional, USDA, or FHA, and without undue difficulty. Choose from one of three distinct starting paths to connect with appropriate lenders and discover ideal loan programs for your needs.
In 2007, one of the toughest times in the Real Estate industry, Rene Luna became a Real Estate Agent. By 2009 Rene had become a Real Estate Broker and had gained much experience both in real estate and in financing. During this time Rene was able to build the skills needed to negotiate for my clients best interests.
Anna Kara has a very simple and important mission when; to provide her clients with a positive and rewarding mortgage experience. Anna Kara is considered the go-to mortgage expert because she provides her clients with all the information necessary to make the right decision on mortgage financing.
Count on Mille Mortgage Inc. to help you choose from the home loans available to you. Since 2001, we have served the people of Los Angeles County as a licensed mortgage company. We provide fantastic customer service backed by more than 20 years of knowledge and experience. Owner and founder Russell Gomez was licensed in 1996
Global Interest Funding is an independent mortgage firm, our principal has over 22 years of experience in the mortgage industry. Helping our clients with variety of loan programs that best for their needs. We work with the leading lenders in the industry to provide FHA Home Loan, VA Home Loan, Conventional Home Loan.
Our staff is comprised of seasoned professionals, all having 7+ years in the mortgage industry. We honor our clients by providing trustworthy, honest work with integrity. We are proactive, not reactive – helping to avoid any headaches during the loan process. We offer fast and efficient escrows, providing thorough communication along the way.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
CB Home Loans, we understand the frustration of waiting for bank-approved funds or not having the necessary credit to even get approval. That is why our team is here to help and provide you with the funding you need We offer the following types of loans Commercial Property Loans, Home Loans
We pride ourselves on providing superior customer service and creating satisfied customers. We work hard to satisfy the mortgage needs and exceed the expectations of our customers.
Our customers save money and close their loans quickly because we employ the most advanced mortgage technology available.
BNB Financial, Inc, founded in 2012, believes that a lender can offer excellent service to mortgage brokers and it has strived to build lasting business relationships based on sound business practices. BNB Financial, Inc. is reputed by its peers as a lender with honesty, integrity and outstanding broker service.
