FHA VS Conventional loan programs in 2026 for East-Alton, Madison County, Illinois

In 2026, the conventional loan limit for East-Alton, located in Madison county, IL, is $647,200. Meanwhile, the FHA limit for a single-family home stands at $420,680.

Lendersa® offers a Conventional loan calculator to compare today's top rates from Conventional, FHA, and USDA loans. Determine the vital income, credit, reserves, and necessary documents for qualification. Our advanced mortgage calculator displays Conforming Conventional, USDA, FHA, and VA loans side by side, guiding your choice of the most suitable program in IL to fit your financial needs.

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2026 Loan Limits and Down Payment Requirements in East-Alton, Madison County, IL

Loan Type Loan Limit Down Payment
Conventional Conforming $647,200 3%
USDA $285,000 0%
FHA $420,680 3.5%

This comparison table applies to zip codes: 62024

Options for Conventional and FHA Loans in East-Alton, IL

The goal of Lendersa® is to secure the best possible Conventional, USDA, or FHA loan quickly and with ease. Choose one of three starting points to find matching lenders and loan programs that meet your criteria.

See the results for Lendersa USDA loan requests and matches


  • Mountain Home Mortgage
  • 797 S Haskett St, Mountain Home, ID, 83647
  • At Mountain Home Mortgage, we believe that we have a duty to educate and prepare borrowers for the commitment of a mortgage. We know that the home buying process can be stressful and we aim to make our clients feel like special friends as we help them achieve the dream of home ownership.

  • Idaho First Bank
  • 475 Deinhard Ln, McCall, ID, 83638
  • Idaho First Bank is a Bank with operations in fifty states. Idaho First Bank offers numerous mortgage programs including conventional, jumbo, non-owner occupied, FHA, VA, USDA, reverse, construction, credit-challenged borrower, zero down mortgage, physician loans and Good Neighbor Next Door Program mortgages

  • Freedom Bank MT
  • 530 9th St. West, Columbia Falls, MT, 59912
  • Freedom Bank thrives on community involvement and is built on a foundation of trust. Don Bennett, President of Freedom Bank in Columbia Falls, is no stranger to building from the ground up. Freedom Bank, which Bennett founded in April 2005, began in his basement. For the first year, the bank operated out of an old 980-square-foot trailer.

  • ELKO FEDERAL CREDIT UNION
  • 2397 Mountain City Highway, Elko, NV, 89801
  • The Elko Federal Credit Union will: be the premier provider of financial and credit services to all of the residents of Elko, Eureka and Lander Counties as authorized and chartered in 1960 and thereafter amended. This will be accomplished as the Elko Federal Credit Union achieves their strategic objectives.

  • Novus Home Mortgage, a division of Ixonia Bank
  • 2119 McCulloch Blvd N, Lake Havasu City, AZ, 86403
  • We offer full documentation, no documentation, bank statement programs, DSCR (Investment properties), asset depletion, land loans, commercial, OTC construction and cross-collateralized loans too. My commitment to honesty and integrity and extensive knowledge have made me a “go-to guy” for borrowers and other mortgage and real estate professionals.

  • HORIZON COMMUNITY BANK
  • 225 N. Lake Havasu Ave., Lake Havasu City, AZ, 86403
  • Chartered in 2002, one of the older charters in the state and one of only 13 charters in Arizona, Horizon Community Bank initially opened in Lake Havasu City and soon expanded throughout Mohave and La Paz Counties. In 2015, Horizon Community Bank entered the Greater Phoenix Metro market.

  • Summerlin Financial Inc
  • 349 Lake Havasu Ave S, Suite 106, Lake Havasu City, AZ, 86403
  • Summerlin Financial is committed to helping you reach your home financing goals, whatever they may be. We have unique loan programs to complement your unique needs. Connect with one of our experienced mortgage professionals to get started today. We are committed to quality customer service

  • Hi-Tech Mortgage, Inc
  • 2184 McCulloch Blvd, Suite A, Lake Havasu City, AZ, 86403
  • Hi-tech Mortgage, Inc was founded in 2007, and is located at 2184 Mcculloch Blvd N B in Lake Havasu City. Hi-Tech Mortgage, Inc. offers Lake Havasu City, AZ mortgage programs to fit your budget. Helping people get the best loan for their mortgage refinance or purchase For practical and knowledgeable advice and options, give us a call.

  • PInnacle Mortgage Solutions Inc
  • 1489 W Warm Springs Rd, Suite 110, Henderson, NV, 89014
  • The Pinnacle Mortgage Solutions Team is committed to providing clients with the highest quality home loans combined with some of the lowest mortgage rates available. Whether you are a first-time home buyer, purchasing your dream home,refinancing an outstanding loan, or consolidating debt