FHA VS Conventional loan programs in 2026 for Albia, Monroe County, Iowa
In 2026, the conventional loan limit for Albia, located in the county of Monroe, IA, is $726,200. Conversely, the FHA limit for a single-family home is $472,030.
With the Lendersa® Conventional loan calculator, compare today's best rates among Conventional, FHA, and USDA loans. Our advanced mortgage tool enables side-by-side evaluation of Conforming Conventional, USDA, FHA, and VA loans. This assists you in determining the ideal program in IA for your financial goals. Consider income, credit, reserves, and required documentation for qualifications.
2026 Loan Limits and Down Payment Requirements in Albia, Monroe, IA
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This table pertains to zip codes: 52531
Exploring Conventional and FHA Loan Options in Albia, IA
The objective of Lendersa® is to secure the best possible loan—Conventional, USDA, or FHA—promptly and effortlessly. Choose one of the three starting options to find the right lenders and loan programs.
Meridian Credit Union is a not-for-profit, member-owned financial cooperative that exists to serve its members. Being a not-for-profit cooperative means we return a portion of earnings back to our members by offering competitive rates on deposits & loans. Meridian Credit Union provides a safe place to save & borrow money.
South Ottumwa Savings Bank has grown from a simple currency exchange to a full-service financial institution with acquired offices of Hedrick Savings Bank in 2011, West Liberty State Bank in 2015 and Peoples State Bank in 2020. A community bank, with decisions made locally by people who know the community and surrounding areas.
Community 1st Credit Union is a Not-For-Profit financial cooperative that has been serving members for over 85 years. From a humble beginning, we have grown to serve over 60, 000 members. As a Not-For-Profit financial institution, we give returns to our members in higher savings rates, better services, and lower borrowing rates.
Iowa Trust and Savings Bank is proud to be your locally owned community bank. We are deeply rooted in Appanoose County and the surrounding areas. Iowa Trust and Savings Bank originated from the charter of two banks on July 13, 1896. The bank is still owned by the same family and opened in our current Centerville location on June 30, 1965.
Leighton State Bank is a locally owned financial institution with locations in Pella, Leighton and Monroe. We deliver a full line of products and services – online banking, mobile banking, account options, loans, fraud protection and more – but are small enough to personally know you.
Marion County Bank first opened our doors for business in Pella on September 21, 1935. While we have grown to become the largest bank headquartered in Marion County, one thing hasn't changed - we were locally owned in 1935 and we remain that way today. This unique combination of size and local management allows us to provide our customers.
County Bank is an Iowa chartered bank first organized in 1884 in Sigourney, Iowa. Currently County Bank’s main office is on the southeast corner of the Square in Sigourney with locations in Deep River, Gibson, Hartwick, Montezuma and Williamsburg.
County Bank has a strong commitment to the communities we serve.
Peoples Bank is an independently-owned bank based in Indianola, Iowa, serving communities throughout Warren, Marion and Wayne Counties. Our customers choose us because we put their needs first.
We answer the phone when you call and return that call within one business day. Our lenders live and work in our communities
Journey Mortgage was created to bridge the gap between high end technology and “keeping it local”. We think everyone deserves the opportunity to use the technology that is available at the large lenders and still provide the local presence. We want you to be a friend and customer for life! Let us help you and your family along your journey!
