In 2026, within the city of Chester located in Randolph county, IL, the USDA loan limit is $336,500, whereas the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to compare the top USDA and FHA rates available today. This tool determines the requisite income, credit, reserves, and documents to qualify. Our comprehensive mortgage calculator allows you to see USDA, FHA, Conforming, and VA loans side by side, helping you choose the most suitable option in for your financial needs.
Loan limits and downpayment requirements for 2026 in Chester, Randolph county, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Available USDA and FHA Loan Options in Chester, IL
The objective of Lendersa® is to secure the best USDA or FHA loan for you swiftly and without complication. Select from three starting options to find matching lenders and USDA loan offerings.
The USDA home loan is a government-backed mortgage by the Department of Agriculture. Known as the USDA rural development loan or mortgage, it is available strictly in rural areas. Unlike FHA loans that require at least a 3.5% down payment, USDA mortgages require no down payment, simplifying the home-buying process for qualified applicants.
Chester National Bank is located approximately 60 miles south of St. Louis, Missouri on the Mississippi River with its Main Office located in Chester, Illinois, "The Home of Popeye". Originally organized in 1919, Chester National Bank conducts business from the main office in Chester, IL with two full service offices.
The First State Bank of Campbell Hill was chartered in December 1921. In 1971, the bank relocated to a new facility where we currently reside. Over the years, the bank has continued to grow and now has assets totaling approximately 105 million dollars. Part of this growth was due to the acquisition of the Coulterville Banking Center in October 2003
North County Savings Bank was first chartered in 1887 as Evansville Building & Loan Association. The Building & Loan was located in the former Pautler Hotel in Evansville, IL. In 1973 our savings institution was approved for a location in Red Bud, IL and it became our home office with a branch in Evansville, IL.
From its beginning in 1901, First National Bank in Pinckneyville has grown to be one of the largest financial institutions in Perry County. We are a privately-owned, locally-operated bank with assets of more than $100 million. At FNB, we take great pride in giving back to the community by supporting myriad groups.
Murphy-Wall State Bank is here to provide quality bank services to our service area, & to provide a fair return to our shareholders. We will be responsible citizens & will participate in community activities, both by making contributions to worthwhile causes and by contributing our time as individuals. Our customers are our most important assets.
