FHA VS Conventional loan in Nashville, Washington County, Illinois

In the year 2025, the limit for Conventional loans in Nashville, situated in the county of Washington, IL, is set at $726,200, whereas for a single-family home, the FHA limit stands at $472,030.

Utilize the Lendersa® Conventional loan calculator to match up current Conventional, FHA, and USDA rates. This tool helps ascertain the necessary income, credit score, reserves, and document preparation for qualification. With our comprehensive mortgage calculator, you can assess Conforming Conventional, USDA, FHA, and VA loans side by side, allowing you to choose the most appropriate program in IL for your personal financial landscape.

Evaluate loan propositions from a network of 100 lenders

Understanding the 2025 loan limits and down payment prerequisites in Nashville, Washington County, IL

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

This comparison table is applicable to zip codes: 62263

Explore Conventional and FHA loan alternatives in Nashville, IL

The mission of Lendersa® is to secure the best-fitting Conventional, USDA, or FHA loan swiftly and without inconvenience. Begin from one of three pathways to find matching lenders and loan schemes.

Lendersa USDA loan inquiry and matching outcomes


  • Paramount Bank
  • 90 Village Square Shopping Center, Hazelwood, MO, 63042
  • Paramount Bank history started as an independent mortgage company in 1970. Paramount Bank was recently re-imagined and rebuilt by a group of St. Louis investors. The Bank’s commitment to deliver market-leading deposit rates, product depth, best-in-class technology and superior service to help clients meet their financial goals
  • The Anna -Jonesboro National Bank
  • 201 South Main Street, Anna, IL, 62906
  • AJNB is proud to be the bank of choice for convenience and customer service in the area. With over a century of service, we have the knowledge and experience that our community has grown to trust and expect. We offer three locations with friendly and knowledgeable staff to serve you.
  • Commercial Bank
  • 2330 West Port Plaza Drive, Saint Louis, MO, 63146
  • Commercial Bank is an independent bank specializing in relationship banking. We focus on personal relationships with you, our customer. While providing this "good old fashioned"​ brand of service we still provide the latest banking technology. Come visit us and let Commercial Bank show you what we can offer you.
  • Mortgage Partners Group
  • 11862 Lackland Rd, Saint Louis, MO, 63146
  • Mortgage Partners Group our seasoned Loan Officers are Partners of the Firm. Our Loan Officer-Partners understand that there is nothing more important in the home loan process than a client understanding his or her mortgage loan options. That is why we offer a wide variety of home loans so you can find the right option to fit your goals.
  • Mason Mortgage Advisors
  • 11862 Lackland Rd, Saint Louis, MO, 63146
  • Mason Mortgage Advisors, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
  • First Integrity Mortgage Services
  • 1807 Park 270 Drive, Suite 265, St. Louis, MO, 63146
  • Our reputation makes us far from a secret. However, some people may be unfamiliar with our private Mortgage Banking firm. Unlike big-tent lenders, we refuse to flood our clients with unwanted cross-selling offers of credit cards, money markets, auto loans. Clients come to us from sources more powerful than television, radio or any print media.
  • Golden Oak Lending
  • 11737 Administration Drive, Saint Louis, MO, 63146
  • Golden Oak Lending, we speak mortgage and love translating it for you.The mortgage industry is full of technical, industry-based terminology and our local, experienced loan officers will help you make sense of it all in an easy-to-understand way. Our team uses this knowledge to align the right loan program that fits your needs & puts more savings.
  • St Louis Home Mortgage and Retention Services
  • 113 Old State Road, Suite 103, Ellisville, MO, 63021
  • Founded in March 2009 as St Louis Home Retention Group, We are home mortgage specialists focused on your unique situation and needs. From your first home loan to refinancing and load modifications, we help you get the right loan and keep your home and also The company’s efforts over the years have earned them an A+ rating with the BBB