FHA VS Conventional loan programs in 2026 for Sullivan, Moultrie County, Illinois
In the year 2026, the limit for a Conventional loan in Sullivan, which is within Moultrie county, in IL, is set at $726,200. In comparison, the FHA limit for a single-family home is $472,030. These figures are important for buyers planning their home financing in the region.
Utilize the Lendersa® Conventional loan calculator to compare the best current rates among Conventional, FHA, and USDA loans. This tool helps in determining the necessary income, credit score, reserves, and documents for qualification. Through our advanced mortgage calculator, you can see Conforming Conventional loans, USDA, FHA, and VA options side by side, assisting you in choosing the optimal program in IL for your financial situation.
2026 Loan Limits and Down Payment Requirements in Sullivan, Moultrie, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This chart applies specifically to ZIP codes: 61951
Available Conventional and FHA Loan Options in Sullivan, IL
Lendersa® is committed to providing you with the best possible loan options, whether Conventional, USDA, or FHA, in a fast and hassle-free manner. Choose from one of three initial pathways offered to link with appropriate lenders and discover optimal loan programs matching your needs.
The First Community Bank Of Moultrie is a branch office of The First Community Bank Of Moultrie County. They provide the following services: Full Service Office Location and are located at 1 South Main Street in Sullivan Illinois. Mobile and traditional directions to this location can be found below along with ratings
Scott State Bank, originally named The Exchange Bank, was established in 1887. A. R. Scott, the founder, had an iron safe in his mill office and a number of his customers would leave money in it for safekeeping. He also cashed grain checks, and in this manner he “drifted” into the banking business.
First Mid Bank & Trust, N.A. (“First Mid Bank”); First Mid Wealth Management Co.; and First Mid Insurance Group, Inc.First Mid is a $6.0 billion community-focused organization that provides a full-suite of financial services including banking, wealth management, brokerage, ag services, & insurance through a sizeable network of locations throughout.
Arcola First Bank is a branch office of Arcola First Bank. They provide the following services: Full Service Office Location & are located at 127 South Oak Street in Arcola Illinois. Mobile & traditional directions to this location can be found below along with ratings, their phone number, online banking website and additional banking information
First Federal Savings and Loan Association of Central Illinois
200 N Morgan Street, Shelbyville, IL, 62565
Lends in Illinois
First Federal Savings & Loan Association of Central Illinois is the result of the merger of First Federal Savings & Loan Association of Shelbyville and Charleston Federal Savings & Loan. Both institutions were originally formed under state charters as cooperative home financing organizations to provide a safe place for their members.
Land of Lincoln Credit Union was founded in 1947. As a full-service financial institution, LLCU serves over 30, 000 members. Membership in LLCU is open to anyone who lives or works in 26 Illinois counties and their immediate family members. Land of Lincoln Credit Union offers 12 convenient locations in 8 cities to best serve
Hickory Point Bank is proud to call Central Illinois home. It’s that pride that shapes us and influences the way we interact with our customers and our communities. What affects you, affects us, and that includes everything from the economy to the weather to the results of last night’s games.
The Gerber State Bank, Argenta, Illinois, was founded by James W. Brown and Samuel Gerber as a partnership under the names of “Brown and Gerber Bankers”, in 1887.
The bankers opened for business in a wooden frame building just north of the railroad tracks along North Street. Eventually, that wooden structure burned to the ground.
Villa Grove State Bank opened for business on November 1, 1919. Our story began at 10 N. Main Street in Villa Grove, in what was then known as the Combs building and had been previously occupied by the Morrison Grocery Store, and we are still there today to serve our customers and community. As the bank has continued to grow
