In 2026, the USDA loan limit for Steeleville in Randolph county, IL stands at $336,500. Meanwhile, the FHA limit is $472,030 for a single-family residence.
The Lendersa® USDA loan calculator allows you to compare today's leading USDA vs. FHA rates. It helps determine the income, credit, reserves, and documents needed for qualification. With our advanced mortgage calculator, you can compare USDA, FHA, Conforming, and VA offers side by side to see which program in is ideal for your financial requirements.
2026 Loan Limits and Downpayment Requirements in Steeleville, County of Randolph, IL
Loan Type
Loan Limit
Minimum Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Discover USDA and FHA Loan Options in Steeleville, IL
Lendersa® strives to secure the best USDA or FHA loans for you quickly and efficiently. Choose from three initial options that will match you with appropriate lenders and USDA loan programs.
A USDA home loan, backed by the government through the Department of Agriculture, is also referred to as a USDA rural development loan or USDA mortgage. It is exclusively available in rural neighborhoods. Contrasting with FHA loans, which require a minimum 3.5% down payment, the USDA mortgage requires no down payment at all.
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
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.
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.
The First National Bank of Murphysboro opened its doors for business on the 13th day of May, 1889. The Jackson County Bank, a private institution owned by Medar Lucier and Joseph VanCloostere, was purchased. The First National Bank then occupied their quarters on the south side of the square until 1891,
Our mission is to serve our community and our customers to the best of our abilities. To achieve this goal, we will provide our customers with loans and savings opportunities at competitive rates, while always maintaining the highest level of personalized service and attention to our customer's financial needs.
