Explore the differences! FHA VS Conventional loan programs in Murphysboro, Jackson County, Illinois

In 2025, Convetional loan limit in Murphysboro, county of Jackson, IL is $726,200 while FHA limit is $472,030 for a single-family home.

Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in IL is best for your particular financial situation.

Compare loan offers from 100 lenders

2025 loan limits and downpayment requirments in Murphysboro, county of Jackson, IL

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

The comparison table applies to zip codes: 62966

Conventional and FHA loan options in Murphysboro, IL

Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.

Lendersa USDA loan request and matching results


  • First Lenders Mortgage
  • 8357 US HWY 431, Albertville, AL, 35950
  • First Lenders Mortgage Corporation was founded in 1988 and has offices in Albertville and Homewood to serve customers throughout the state of Alabama. At First Lenders Mortgage, we assist countless home buyers with the mortgage process, delivering personal service and exceptional value to our clients. At First Lenders, we assist you
  • Red Door Home Loan Corporation
  • 975 East Nerge Road, Suite N10, Roselle, IL, 60172
  • 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.
  • Mortgage Network Inc
  • 975 East Nerge Road, Suite W10, Roselle, IL, 60172
  • Mortgage Network, Inc. is one of the most experienced mortgage brokers in the Chicagoland area. We simplify the process of buying, selling, and financing real estate, thereby improving the experience for all involved parties. Our mission is to provide the best products, support and services to our clients.
  • ACS Mortgage Corporation
  • 1350 W. Lake Street, Suite C, Roselle, IL, 60172
  • ACS Mortgage Corporation is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straight forward by offering you the latest in financial tools..
  • Burling Bank
  • 141 West Jackson Boulevard, Chicago, IL, 60604
  • Burling Bank is a full-service, privately owned retail bank located in the heart of Chicago’s financial district. Burling Bank was founded on the desire to provide a higher level of personalized customer service & to treat all clients with discretion & respect. We offer a full suite of banking products & services to meet the deposit & credit needs.
  • U.S. Employees Credit Union
  • 230 S Dearborn Street, Suite 2962, Chicago, IL, 60604
  • USECU is member-owned, and not run by stockholders. Credit unions are not-for-profit organizations; therefore, we are able to pay higher dividends on deposit accounts, charge lower fees, and offer lower rates on loans. U.S. Employees Credit Union has been helping people achieve financial success since 1953.
  • Wintrust Bank, National Association
  • 231 S LaSalle St, Chicago, IL, 60604
  • Wintrust Bank offers banking solutions tailored to our customers, their needs, and our unique community. No matter what your financial need, we can help. But, we also go above and beyond basic banking solutions. We host financial education courses, hold community events and throw neighborhood cookouts. We believe a bank should be a true asset the a
  • Northpoint Capital
  • 566 West Lake Street, Suite 220, Chicago, IL, 60661
  • NorthPoint Capital Group is a major commercial mortgage banking group of companies specializing in originating and servicing quality mortgage loans for real estate owners and our institutional lenders. We strive to provide our borrower clients with loans on the most competitive terms structured to meet the requirements of our borrowers and lenders.
  • First Northern Credit Union
  • 230 West Monroe Street, Suite 2850, Chicago, IL, 60606
  • As a financial cooperative, First Northern Credit Union will serve the financial needs and strive to improve the financial well-being of its participating members. To continue growing as a successful community credit union by meeting the needs of our members. First Northern is a not-for-profit organization in northern Illinois,
  • Community Investment Corporation
  • 222 S. Riverside Plaza, Suite 380, Chicago, IL, 60606
  • COMMUNITY INVESTMENT CORPORATION, Chicago's Multifamily Rehab Lender, is a nonprofit providing mortgage financing to buy and rehab apartment buildings with five units or more in the 6-county metropolitan Chicago area. Since 1999 over 14, 000 landlords and managers have completed CIC property management training to help them better market, manage.
  • Renovo Financial
  • 222 W Adams St #1980, Chicago, IL, 60606
  • Founded in 2011, Renovo is the premier provider of financial and strategic support for real estate investors and property rehabbers who invest in and rehab single-family and small multi-family properties. Renovo powers the growth of its customers’ businesses and the communities they serve by providing timely capital, responsive customer service, an
  • Chicago Municipal Employees Credit Union
  • 18 South Michigan Avenue, Suite 1000, Chicago, IL, 60603
  • Chicago Municipal Employees Credit Union, the oldest active credit union in the State of Illinois, offers our members over 90 years of financial strength. Our roots go back to the early 1920s — a tough time in Chicago to make ends meet, even if you had a good job as a city employee.