FHA VS Conventional loan in Granite-City, Madison County, Illinois

In 2025, the Conventional loan limit in Granite-City, under Madison county, IL, is set at $647,200, while for an FHA loan applicable to single-family homes, the limit is $420,680.

Use our Lendersa® Conventional loan calculator to assess today's leading rates for Conventional, FHA, and USDA loans. Identify the needed income, credit, reserves, and documents for qualification. Our advanced mortgage calculator offers side-by-side comparisons of Conforming Conventional, USDA, FHA, and VA loans, helping you choose the best program in IL that meets your financial requirements.

Explore loan offers from a variety of 100 lenders

2025 Loan Ceilings and Down Payment Needs in Granite-City, Madison, IL

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

This table applies to the following zip codes: 62048, 62040

Available Conventional and FHA Loan Options in Granite-City, IL

The goal at Lendersa® is to secure the best possible Conventional, USDA, or FHA loans quickly and hassle-free. Choose from one of three starting methods to align with lenders and find the loan programs that suit your needs.

Results for Lendersa USDA loan requests


  • AA US Mortgage LLC
  • 2000 Clearview Avenue, Suite 212, Atlanta, GA, 30340
  • AA US Mortgage LLC is a mortgage company headquartered in Atlanta Georgia. We fulfill the purchase and refinance loans need for individuals and businesses. We have built a strong reputation as an outstanding mortgage broker, serving the mortgage needs of individuals, real estate professionals, investors, and builders over the past years.
  • Express Mortgage & Capital LLC
  • 430 Plasters Avenue North East, Suite 100, Atlanta, GA, 30324
  • Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
  • 4Front Credit Union
  • PO Box 795, Traverse City, MI, 49685
  • 4Front Credit Union is a member-owned financial. Your financial well-being is at the heart of 4Front Credit Union’s pledge to you, and while plenty of financial institutions make promises, we follow through by ensuring our members enjoy some of the lowest rates on loans and the highest rates on deposits they can find.
  • Georgia Banking Company
  • 1776 Peachtree Street NW, Suite 300, Atlanta, GA, 30309
  • Georgia Banking Company (GBC) is a full-service, commercial community bank headquartered in Atlanta, Georgia. GBC’s team of veteran bankers know their communities and are focused on leveraging technology to deliver an exceptional service experience to meet the needs of growing businesses and private banking clients. The bank also offers a unique su
  • TLA Real Estate Consultants
  • 11100 Peachtree St, Suite 200, Atlanta, GA, 30309
  • At TLA, we provide professional counseling services to homeowners in order to help them resolve mortgage delinquency and default, which ultimately ends in foreclosure. Our primary objective at TLA is to preserve homeownership. TLA provides Professional Counseling services to both families and individuals.
  • LoanGIANT
  • 1100 Peachtree Street NE, 11th Floor, Atlanta, GA, 30309
  • Loangiant LLC is a Georgia Domestic Limited-Liability Company filed On July 12, 2019. The company's filing status is listed as Active/Compliance and its File Number is 19095669. The Registered Agent on file for this company is Katherine Loyd and is located at 1100 Peachtree Street Ne 7th Floor, Atlanta, GA 30309.
  • Harbor Private Equity
  • 1075 Peachtree Street NE, Suite 3650, Atlanta, GA, 30309
  • Harbor Equity management team has over 75 years experience in this marketplace with tens of millions of profits under its management. In 2009 residential, not commercial, real estate collapsed and the accompanying credit crunch afforded us the opportunity to pursue its management of a publicly held company.
  • Moreira Team
  • 1230 Peachtree St NE, Suite 1900A, Atlanta, GA, 30309
  • Moreira Team is a boutique mortgage broker and lender built to cater towards your financial needs, finding the best loan for your unique situation. We believe in a consultative “done-for-you” approach to getting a mortgage. That’s a fancy way of saying we treat you like family and make sure everything goes smooth
  • Fairway Financial Services, Inc.
  • 11165 Zealand Ave N, Champlin, MN, 55316
  • Fairway Financial Services, Inc. is a full service mortgage brokerage committed to helping you find the right mortgage product for you. We understand that every borrower is different, and we offer a variety of products to meet your individual needs. We make the process of securing a mortgage simple and straightforward.
  • First Community Bank
  • 201 W Main Street, Silver Lake, MN, 55381
  • First Community Bank is interested in the financial wellbeing of our valued customers. Listening to your needs is the first step in supporting and guiding your financial success. Our caring and knowledgeable staff are here to listen and recommend quality financial products and services to help you reach your goals.
  • HomeTrust Bank
  • 10 Woodfin Street, Asheville, NC, 28801
  • HomeTrust is a regional community bank, focused on the areas we serve by providing better financial services and community support. We have more than 40 banking locations across North Carolina, Upstate South Carolina, East Tennessee and Southwest Virginia, as well as banking through online and mobile channels.