During 2026, the FHA loan restrictions for the Monticello county within Piatt, IL, have been established as follows: for a single-family home, the limit is $472,030. For properties consisting of 2 units, this figure increases to $604,400. When it comes to 3-unit properties, the threshold moves up to $730,525, and for those with 4 units, it reaches $907,900.
In terms of conventional loans, the highest loan amount you can secure for a single-family residence is $726,200. If the residence accommodates 2 units, this cap rises to $929,850. For properties containing 3 units, the maximum loan limit becomes $1,123,900; and for dwellings comprising 4 units, it is $1,396,800.
You are encouraged to utilize our FHA calculator to discover today's most advantageous FHA rates, allowing you to ascertain the downpayment, necessary income, credit standing, reserves, and essential documents needed to qualify.
With the Lendersa® calculator, you can comprehensively compare the rates and terms of FHA loans with those of various other available loan programs. Dive into comparisons involving FHA and Conventional loans, as well as options such as Jumbo loans, VA, USDA, Non-QM, and hard money loans.
Lendersa® gathers extensive data from thousands of loan providers, rapidly comparing this against your individual financial profile and specific requirements.
The Loan Limits Comparison Table for 2026 in Monticello county of Piatt, IL, provides a distinct overview comparing the maximum loan amounts across FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. To further compare crucial qualifying requirements like income, reserves, and credit, consider using the Lendersa® Super Loan Integrated Qualifier (SLIQ™).
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $472,030 | $604,400 | $730,525 | $907,900 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| USDA | $336,500 | $336,500 | $336,500 | $336,500 |
| VA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| None-Qm | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 |
| None- QM- Super Jumo | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 |
| Reverse Mortgage (HECM) | $822,375 | $822,375 | $822,375 | $822,375 |
| Proprietary Reverse Mortgage (Non-FHA) | $4,000,000 | $4,000,000 | $4,000,000 | $4,000,000 |
| Hard Money | $90,000,000 | $90,000,000 | $90,000,000 | $90,000,000 |
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