For 2026, in Mount-Carmel county, Wabash, IL, the FHA loan limit is $356,362 for a single-family home, $456,275 for 2 units, $551,500 for 3 units, and $685,400 for 4 units.
In contrast, conventional loan maximums reach $548,250 for a single-family home, $702,000 for duplexes, $848,500 for triplexes, and $1,054,500 for four-unit properties.
Use our FHA calculator to browse today's leading FHA rates, and calculate necessary downpayments, income levels, credit ratings, reserves, and documents required for qualification.
With the Lendersa® calculator, you can compare FHA rates and terms against various other loan programs, including conventional, jumbo, VA, USDA, non-QM, and hard money loans. Explore these options fully to determine the best fit.
Pulling loan program data from numerous lenders, Lendersa® rapidly aligns it with your financial profile for quick and tailored comparisons.
The Loan Limits Comparison Table for 2026 in Mount-Carmel county, Wabash, IL, allows you to examine maximum loan amounts across FHA, conventional conforming, jumbo, USDA, VA, non-QM, super jumbo, reverse mortgage (HECM), and hard money loans. Utilize the Lendersa® Super Loan Integrated Qualifier (SLIQ™) for insights into qualification aspects, including income, reserves, and credit.
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $356,362 | $456,275 | $551,500 | $685,400 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $548,250 | $702,000 | $848,500 | $1,054,500 |
| USDA | $285,000 | $285,000 | $285,000 | $285,000 |
| VA | $548,250 | $702,000 | $848,500 | $1,054,500 |
| 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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