FHA VS Conventional loan in Sumner, Lawrence County, Illinois
In the year 2026, the Conventional loan limit in Sumner, which lies in the county of Lawrence, IL, is set at $726,200, whereas the FHA limit for a single-family home is $472,030.
Make use of Lendersa® Conventional loan calculator to evaluate today's leading rates across Conventional, FHA, and USDA options. This tool helps determine the required income, credit, reserves, and documents you need to qualify. Our comprehensive mortgage calculator lets you view Conforming Conventional loans, USDA, FHA, and VA side by side, guiding you to choose the most fitting program in IL relevant to your personal financial outlook.
Loan Limits and Down Payment Requirements for 2026 in Sumner, Lawrence, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This comparative table is relevant for the following zip codes: 62466
Conventional and FHA Loan Options in Sumner, IL
The aim of Lendersa® is to deliver the best possible Conventional, USDA, or FHA loans efficiently and without hassle. Choose from one of three starting routes to match with lenders and loan programs effectively.
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Our Banking Team understands the value that local ownership brings to the community. We support community organizations, partner with projects, and remain sensitive to community needs. At Flora Savings Bank, you will receive the "personal touch" that is missing in many financial institutions.
In 1977, a group of area business people noticed that Flora, Illinois had limited choices when it came to financial institutions. These business leaders from Flora and the surrounding communities came together and, on January 19, 1978, Flora Bank & Trust opened for business in a temporary banking facility located at 1010 West North Avenue in Flora.
We are a community bank, with community values. Our employees are your friends and neighbors, which is why we are so passionate about helping our customers and the communities we serve. Live for Today. Bank for Tomorrow. We’ve served the people of Illinois for over 100 years. Now, the good people of Edwardsville are also in those ranks!
"Preferred Bank is a branch office of Preferred Bank. They provide the following services: Full Service Office Location and are located at 602 North Route 49 in Casey Illinois. Mobile and traditional directions to this location can be found below along with ratings, lobby hours, their phone number and additional banking information."
Since our inception on October 4th 1913, Teutopolis State Bank has been a fixture on Main Street in Teutopolis, Illinois. Over the years, we have helped local businesses, individuals, and families develop, grow, and sustain prosperity through our wide range of financial services.
Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of September 30, 2021, the Company had total assets of approximately $7.09 billion, and its Wealth Management Group had assets under administration of approximately $4.06 billion.
First Bank, an entity of Southern Illinois Bancorp, Inc. headquartered in Carmi, Illinois, has been serving businesses and families in Southeast Illinois and Southwest Indiana since 1893. We represent a return to the old-fashioned way of banking, where the staff knew everyone by name and treated you like a person instead of a number.
