FHA VS Conventional loan programs in Tolono, Champaign County, Illinois

In 2025, Convetional loan limit in Tolono, county of Champaign, 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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2025 loan limits and downpayment requirments in Tolono, county of Champaign, 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: 61880

Conventional and FHA loan options in Tolono, 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


  • The Farmers Bank of Mt. Pulaski
  • 130 South Washington Street, Mount Pulaski, IL, 62548
  • The history of The Farmers Bank of Mt. Pulaski, Illinois begins in 1872 when Leonard K. Scroggin, with the assistance of Walter Sawyer, formed a private bank, known as the Scroggin & Sawyer Bank. Mr. Scroggin was a local land owner and had a successful farming business which had grown to such an extent that he decided to open a private bank.
  • First State Bank of Forrest
  • 133 East Krack Street, Forrest, IL, 61741
  • FSB of Forrest has been committed to the people, businesses & communities of Central Illinois. Since first days to the present, our motto is and has always been "a strong friend for your family," words we strive to live & work by every day. We offer our customers a welcoming, personalized experience from the time they step into one of our doors.
  • CentreBank
  • 128 North Main Street, Veedersburg, IN, 47987
  • CentreBank, previously known as The Veedersburg State Bank, was founded in 1917. Upon opening, the Bank only consisted of one branch located in Veedersburg, Indiana; it remained the only bank in Veedersburg for over 80 years. In 1982 CentreBank expanded with a drive up location in Sterling, followed with a location in Covington in 1990.
  • Terre Haute Savings Bank
  • 533 Ohio Street, Terre Haute, IN, 47807
  • Terre Haute Savings Bank operates as a full-service bank. The bank offers saving accounts, loans, mortgage, and wealth management facilities. Terre Haute Savings Bank serves customers in the State of Indiana. Count on The Hometown Savings Bank to provide practical, expert advice to help you navigate the complex and often emotional decisions.
  • Teutopolis State Bank
  • 106 East Main St., Teutopolis, IL, 62467
  • 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.
  • The Farmers and Merchants Bank
  • 302 South Old Us Highway 41, Boswell, IN, 47921
  • Farmers & Merchants Bank is locally owned and operated, right here in Indiana. That means that loan decisions are made in our local office. That's right - loan decisions are made quickly by us - not a suit in a board room. This means money stays in the community, and you will deal with our friendly staff, not with someone you don't know.
  • Midland States Bank
  • 1201 Network Centre Drive, Effingham, IL, 62401
  • 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 Trust and Savings Bank
  • 120 East Walnut Street, Watseka, IL, 60970
  • At The First Trust and Savings Bank, we believe that banking is personal and relationships are valued. It is important to take the time to visit with you about the many issues that affect your finances and your future. Our objective is to match you with the product and service that is right for your needs, from checking.
  • First State Bank of Beecher City
  • 101 South Charles Street, Beecher City, IL, 62414
  • First State Bank of Beecher City has been providing personal service to its friends and neighbors. Beginning as a private institution, P.R. Phillips & Co, Bankers of Beecher City started in 1907. Later in 1910, The First State Bank of Beecher City was incorporated with 14 original stockholders and began construction of a new building.
  • Community Banks of Shelby County
  • 126 North Grand Ave, Cowden, IL, 62422
  • At Community Banks of Shelby County, our industry leading consumer and business credit card products offer competitive pricing combined with a full range of reward options - making it easy to select and apply for the card that meets your needs. At COMMUNITY BANKS OF SHELBY COUNTY our Focus is You.