FHA VS Conventional loan programs in East-Alton, Madison County, Illinois
In 2025, 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.
2025 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, 62018, 62002
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.
LINCONE Federal Credit Union is a Financial Services company located in Lincoln, Nebraska, United States.
We are unique from other institutions. We are not owned by shareholders, we are owned by our members;
Anyone that lives, works, worships, or attends school in Lancaster County, NE.
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