Explore the differences! FHA VS Conventional loan programs in Godfrey, Madison County, Illinois
In 2025, the loan limit for Conventional loans in Godfrey, Madison county, IL, is set at $726,200, while the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® Conventional loan calculator to evaluate the best rates available today for Conventional, FHA, and USDA loans. This advanced tool helps determine the necessary income, credit, reserves, and documents. You can view Conforming Conventional, USDA, FHA, and VA loan details side by side, facilitating the right financial decision for your situation in IL.
Loan Limits and Downpayment Requirements for 2025 in Godfrey, Madison County, IL
Loan Type
Loan Limit
Down payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This comparison table is applicable for zip codes: 62035
Explore Conventional and FHA Loan Options in Godfrey, IL
The aim of Lendersa® is to promptly connect you with the best Conventional, USDA, or FHA loans without any hassle. Choose one of the three options to find matching lenders and loan programs.
2220 Otay Lakes Road, Suite 502-708, Chula Vista, CA, 91914
We have been in the Real Estate and Mortgage service business for over 20 successful years. This longevity and confidence comes from our Real Estate & Mortgage services to a great many buyers and sellers, and their recommendations to others that result in repeat referral business.
Cornerstone Commercial Mortgage specializes in commercial real estate finance. We act as mortgage consultants, not simply mortgage brokers, focusing on providing the appropriate financing solutions for each deal and each client. We manage every detail of the loan process from start to finish in a way that's effortless
823 Anchorage Place, Suite 9, Chula Vista, CA, 91914
YourMortgageBlog.com is owned and operated by Marshall-Ryckes, Inc. DBA Sidwell Mortgage Company and Sidwell Funding Group, a San Diego based California Mortgage Brokerage. For decades a 20% down payment was the prevailing standard in the U.S. mortgage industry. The 20% down payment served a twofold purpose.
We were founded with the basic principle that people should be treated right. Not sold to, but given honest and upfront information and advice so that you can make an informed decision on your home financing. We don’t have any fancy taglines or jingles.No famous celebrities or talk show hosts expounding on how great we are.
Welcome to SouthWest Equity Mortgage, where Customer Satisfaction is our Top Priority! The SouthWest Equity Mortgage Team is committed to providing clients with the highest quality home loans combined with some of the lowest mortgage rates available in all of California. Whether you are first time home buyer, purchasing your dream home.
We are a full service mortgage brokerage firm with an exceptional staff offering expertise in all types of financing. Our team consists of loan officers that have worked for the largest mortgage lenders in the nation with over 45 years combined mortgage lending experience.We always find ways to get you approved and financed.
Caliber Home Loans is a full-service national mortgage lender and agency direct seller/servicer. Caliber originates loans through various channels and transaction types, including a network of retail branches,wholesale lending & correspondent lending.Caliber also offers innovative servicing solutions for both conforming and non-conforming loans.
Our mission is to serve our customers with honesty, integrity, and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
