Explore the differences! FHA VS Conventional loan programs in Watseka, Iroquois County, Illinois

In 2024, Convetional loan limit in Watseka, county of Iroquois, 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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2024 loan limits and downpayment requirments in Watseka, county of Iroquois, 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: 60970

Conventional and FHA loan options in Watseka, 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


  • Bailey Mortgage Enterprises Inc
  • 934 H St, Arcata, CA, 95521
  • At Bailey Mortgage, our mission is to set a high standard in the mortgage industry. We are a local, family owned and operated mortgage brokerage firm with over 30 years experience. We are committed to quality customer service - putting the people we serve first. Take advantage of our expertise in the residential lending industry by calling
  • Vocality Community Credit Union
  • 757 Redwood Drive, Garberville, CA, 95542
  • Vocality Community Credit Union was founded 40 years ago by residents of Humboldt County that wanted more personal, inclusive, and community-focused financial services than traditional banks offered. That visionary spirit has never waned - we’ve been outside-the-box- thinkers and innovators, listen carefully to what our members need
  • First Equity
  • 528 S. Main St, Fort Bragg, CA, 95437
  • First Equity is a mortgage broker with operations in one state. First Equity offers numerous mortgage programs including conventional, jumbo, non-owner occupied, FHA, VA, USDA, reverse and 1% down mortgages We will treat you with the respect due an esteemed customer and give you the personal service you deserve.
  • ReProp Financial
  • 735 4th street, Eureka, CA, 95501
  • ReProp Financial is a small balance commercial lender lending in CA, OR, WA, ID, AZ, and TX. We lend up to $2.5MM and offer both interest only bridge and 15 year fully amortizing loan products. We are a direct lender and service everything in-house. Our average time to close is about 10 days but can close more quickly if needed.
  • Redwood Capital Bank
  • 402 G Street, Eureka, CA, 95501
  • At Redwood Capital Bank, it is important to keep local dollars working at home. Nearly every dollar that is deposited at Redwood Capital Bank goes right back into the local economy. Deposits are reinvested in the form of loans to individuals, families and businesses, helping small businesses grow, providing new homes and a better quality of life.
  • Compass Community Credit Union
  • 321 Wabash Avenue, Eureka, CA, 95501
  • California State Employees No. 20 Credit Union was formed in January of 1951. The credit union was formed by a group of professors and employees of Humboldt State College. They formed the credit union with a desire to assist each other with reasonably priced loans and a good return on their savings.
  • Coast Central Credit Union
  • 2650 Harrison Avenue, Eureka, CA, 95501
  • At Coast Central, we make banking easy, with access to your finances – anytime. With a network of over 30,000 free ATMs nationwide, the latest digital banking solutions, and 11 convenient Member Services Branches, one open Monday through Saturday and another open 7 days a week and evenings, control your funds from anywhere you happen to be.
  • Briton Mortgage
  • 303 Harris Street, Eureka, CA, 95501
  • "Briton Mortgage purchased their building in 2001. It was a family home in disrepair. Janine made a commitment to the owner and her family that the home would not be torn down, but repaired and restored. The remodeling was complete in 2003 and it has been the proud ""home"" of Briton Mortgage ever since."
  • Oriental Bank
  • 17705 Road 2 Building, Suite 2, Aguadilla, PR, 00603
  • Since 1964, Oriental has thrived as one of Puerto Rico’s leading banks focused on serving the needs of consumers, businesses, and institutions. With multiple branches throughout the island, it has the second-largest network, and is the third-largest financial institution in core retail and commercial deposits.
  • MacLagan Home Loans
  • 1015 Deerfield Rd, Unit 235, Deerfield, IL, 600125
  • At MacLagan Home Loans, we're more than just mortgage brokers. We're your partners in achieving the dream of homeownership. Our dedicated team of experts goes above and beyond to provide personalized guidance and support throughout the entire loan process. Let us help you secure the financing you need to make your dream home a reality.