Explore the differences! FHA VS Conventional loan programs in Highland, Madison County, Illinois
In the year 2025, the conventional loan cap for a single-family residence in Highland, located in Madison, IL, is set at $726,200. Meanwhile, for FHA loans, it is $472,030.
By using the Lendersa® Conventional loan calculator, you can compare today's optimal rates for Conventional, FHA, and USDA loans. Determine the necessary income, credit score, reserves, and documents required for qualification. Our advanced mortgage tool allows you to view side-by-side comparisons of Conforming Conventional loans, USDA, FHA, and VA options, assisting you in choosing the most suitable program for your financial context in IL.
Loan limits and down payment specifics for 2025 in Highland, Madison, 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 relevant for zip codes: 62249
Explore Conventional and FHA loan options in Highland, IL
Lendersa's main objective is to swiftly provide you with the best possible Conventional, USDA, or FHA loan without any hassle. Start by selecting one of the three avenues that connect you with fitting lenders and loan programs tailored to your needs.
BrightPath Mortgage, we provide a wide range mortgages to ensure that our valued customers have access to the best interest rates and loan terms. Our dedication to your complete satisfaction means that your needs are our ultimate priority. For borrowers who are preparing to relocate or are involved in out-of-state real estate investing,
Origin Bank, formerly Community Trust Bank, is a Louisiana-chartered bank serving Louisiana, Texas and Mississippi. For over 100 years, we have provided a wide range of traditional banking services and are combining our industry expertise with modern applications to make banking easy both online and offline.
First National Bank of River Falls is proud to offer several home mortgage, home loan & home construction loan options. We're here to make the home of your dreams a reality! Our skilled team of local lenders provide local servicing on most mortgages and are eager to walk you through the buying process.
Access Point Financial (APF) is a direct hospitality lender that provides bridge, capex, construction, mezzanine, preferred equity and permanent financing to qualified hoteliers throughout the United States and Canada. Our loan programs are flexible and are typically used for acquisition, refinance, construction take-out, renovations
121 Perimeter Center W, Suite 200, Atlanta, GA, 30346
We created a Homespire Mortgage with the vision of strengthening the communities in which we live and work. As active partners in the community, we focus on the well-being of the neighborhoods we serve. Our mission is to enrich and support our local communities helping our neighbors reach their goals .
303 Perimeter Center North, Suite 300, Atlanta, GA, 30346
Liberty Home Mortgages LLC, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage
2060 Mount Paran Road NW, Suite 100, Atlanta, GA, 30327
CSB, we are passionate about community banking. We’re committed to the relationships we build and the communities we serve. Local. And Proud Of It. is more than our tagline: it’s what drives every interaction with our clients and communities. We offer a full range of banking services designed for businesses
16233 Kenyon Avenue, Suite 120, Lakeville, MN, 55044
AMERICAN LAND & CAPITAL providing construction mortgage loan financing for builders, remodelers and land developers in Minnesota, Wisconsin, North Dakota, South Dakota, and Florida. Call AMERICAN LAND & CAPITAL for construction mortgages in the upper midwest.
AMERICAN LAND & CAPITAL services include New Home Construction Mortgages, etc
