Explore the differences! FHA VS Conventional loan programs in Washington, Tazewell County, Illinois

In 2026, the loan limit for Conventional loans in Washington, located within Tazewell county, IL, is $726,200. Meanwhile, the FHA limit for a single-family residence is $472,030.

Utilize the Lendersa® Conventional loan calculator to compare the top rates for Conventional, FHA, and USDA loans currently available. Assess the necessary income, credit, reserves, and documents to qualify. Our advanced mortgage calculator facilitates a side-by-side view of Conforming Conventional, USDA, FHA, and VA loans, assisting you in choosing the most suitable program for your financial needs in IL.

Review offers from over 100 lenders

2026 Loan Limits and Down Payment Requirements in Washington, Tazewell County, IL

Loan Type Loan Limit Down Payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

This table applies to the following zip codes: 61571

Loan Options: Conventional and FHA in Washington, IL

Lendersa® strives to connect you with the best possible Conventional, USDA, or FHA loans efficiently and without hassle. Choose one of the three starting points provided to match with suitable lenders and loan programs.

Results from Lendersa USDA loan request and matching


Washington Lenders

  • North Pines Financial Solutions
  • 2135 W Sunnyview Dr, Peoria, IL, 61614
  • Lends in Illinois
  • Our mission is to set a high standard in the loan industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the loan process, so that you can confidently select the best loan for you and your company from the many loan options that are available today.

  • FLAT BRANCH HOME LOANS
  • 3408 Willow Knolls Dr, Peoria, IL, 61614
  • Lends in Illinois
  • Flat Branch Home Loans is focused on providing low rate mortgages in Missouri with unparalleled service and expertise. Our experienced staff is the brightest in the industry and is ready to help you find the mortgage for your next home purchase or refinance. Please visit our web page at flatbranchhomeloans.com.

  • Goodfield State Bank
  • 201 S. Eureka Street, Goodfield, IL, 61742
  • Lends in Illinois
  • In December of 1914, W.R. Simpson, Byron Colburn, and S. E. Naffziger founded Goodfield State Bank in Mr. Naffziger’s country store. Patrons conducted banking business in one corner of the store until a building was completed in 1915.

    Goodfield State Bank was officially incorporated in the State of Illinois in December of 1920

  • Home Mortgage Specialists, Inc.
  • 6808 Knoxville Ave, Peoria, IL, 61615
  • Lends in Illinois
  • 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.

  • The First National Bank in Tremont
  • 134 S. Sampson St, Tremont, IL, 61568
  • Lends in Illinois
  • We’re a “community” bank, and we take that role to heart. Our success depends on the strength of the people and organizations in the communities we serve. To that end, we believe volunteering is vitally important. Experience the real difference in banking with "A Real Community Bank." Our people know your name, and make a real effort.

  • Glasford State Bank
  • 305 East Main Street, Glasford, IL, 61533
  • Lends in Illinois
  • Glasford Bank can trace its roots back to July 15, 1900, when it opened with just two deposits. Originally known as Farmers and Traders Bank, it was located at the corner of Main and Hickory in a converted cigar factory. In 1905, the bank was relocated into a new brick building on the south side of Main Street.

  • Farmers State Bank
  • 104 East Main St., Elmwood, IL, 61529
  • Lends in Illinois
  • For 150 years, Farmers State Bank has supported Elmwood and the surrounding areas. From the first location in H.P. Tracy’s dry goods store to our current site on East Main Street, we have always been focused on community.

    When you choose to bank with us at Farmers State, you are choosing to bank with real people with real expertise

  • Heartland Bank and Trust Company
  • 401 N. Hershey Road, Bloomington, IL, 61702
  • Lends in Illinois
  • Heartland Bank We're a community bank whose roots are right here in the heartland with the Drake family. The Drakes, who came to Central Illinois in 1852, have been in banking since 1920. With the third generation of the family taking an active role in the banking business, we continue this tradition.Fast, efficient service is important.

  • IAA Credit Union
  • 808 IAA Drive, Bloomington, IL, 61701
  • Lends in Illinois
  • The IAA Credit Union was formed in 1951 to serve the financial needs of the employees of the IAA Family of Companies. Through the years, our field of membership has been expanded to include the members of Illinois Farm Bureau, COUNTRY Financial policyholders, GROWMARK patrons, and other small employee groups.