FHA VS Conventional loan in Milan, Rock Island County, Illinois

In the year 2025, the Conventional loan limit for Milan, located in the county of Rock Island, IL, is set at $726,200 as compared to the FHA limit, which is $472,030, specifically for a single-family home.

Employ the Lendersa® Conventional loan calculator to contrast today’s leading rates between Conventional, FHA, and USDA options, facilitating an understanding of the required income, creditworthiness, reserves, and documentation needed for qualification. By utilizing our advanced mortgage calculator, you'll observe Conforming Conventional loans, USDA, FHA, and VA alternatives displayed side by side. This comparison assists you in determining which loan program in IL fits best with your specific financial scenario and needs.

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Specifying 2025 loan limits and down payment requisites in Milan, located in the county of Rock Island, IL

Loan Type Loan Limit Established Required Down Payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

This comparison table relates to the following zip codes: 61264

Explore Conventional and FHA Loan Opportunities Available in Milan, IL

At Lendersa®, our mission is to aid you in acquiring the most suitable Conventional, USDA, or FHA loan promptly and without unnecessary stress. You are given three different starting points that help you connect with corresponding lenders and loan options.

Lendersa USDA loan requests and matching results illustration


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  • White River Credit Union
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  • CT Liberty Mortgage LLC
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  • Welcome to CT Liberty Mortgage, LLC! We are a full service mortgage company located in Farmington, CT. We also serve the surrounding cities of Southington, Plainville, Bristol, New Britain, Canton, Granby, or anywhere else in Connecticut. Whether you are buying a home or refinancing, we can help you realize your dream of home ownership,
  • American Mortgage Affiliates Company, LLC
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  • Connex Credit Union
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  • Connex Credit Union is one of Connecticut's largest credit unions serving more than 62, 000 members at 8 branches throughout greater New Haven. Headquartered in North Haven, Connecticut, Connex is a full-service member-owned credit union that offers members a full range of financial services and products, including savings and loans.
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  • 14 Church Street North, North Haven, CT, 06473
  • MSI Mortgage, 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. Take advantage of our expertise in the residential lending industry by applying online today. You will find that the skill, professionalism, and consideration.