FHA VS Conventional loan programs in 2024 for O'Fallon, St. Clair County, Illinois

In 2024, Convetional loan limit in O'Fallon, county of St. Clair, IL is $647,200 while FHA limit is $420,680 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

2024 loan limits and downpayment requirments in O'Fallon, county of St. Clair, IL

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

The comparison table applies to zip codes: 62269

Conventional and FHA loan options in O'Fallon, 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


  • NOVA® Home Loans - Maggie Beaini CMA
  • 6720 N Scottsdale Rd, Suite 160, Scottsdale, AZ, 85253
  • We believe homeownership should be fast, transparent, and low-cost. For everyone. NOVA® Home Loans which began operating since 1980 is proud to offer one of the largest selections of mortgage financing options available, including residential home loans, down payment assistance, investment loans, refinancing, and reverse mortgages.
  • IMH Financial Corporation
  • 7001 N. Scottsdale Rd., Suite 2050, Paradise Valley, AZ, 85253
  • IMH Financial Corporation is a real estate investment and finance company based in the Southwest United States with over a decade of experience in various and diverse facets of the real estate lending and investment process. Our expertise spans origination, acquisition, underwriting, documentation, servicing.
  • E5 HOME LOANS
  • 20402 North 17th Place, Phoenix, AZ, 85024
  • 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.
  • Fortified Financial
  • 2401 E Rio Salado Pkwy, Suite 1019, Tempe, AZ, 85281
  • 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.
  • Aaron Lending, LLC
  • 104 E Taylor St, Tempe, AZ, 85281
  • At Aaron Lending, LLC, 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.
  • Agora Lending
  • 1215 W. Rio Salado Parkway, Suite 107, Tempe, AZ, 85281
  • Agora Lending now a division of ONE AMERICAN BANK, is a next-generation mortgage software company and direct lender that originates high quality mortgage loans. We are wildly passionate about providing the consumer with an industry-leading price and a highly-intuitive, transparent, and efficient loan process.
  • Prestige Mortgage, LLC
  • 1256 West Chandler Boulevard, Suite 29, Chandler, AZ, 85224
  • Prestige Mortgage offers Commercial, FHA, VA, USDA, Conventional, Jumbo, Bridge loans, and Private Money loans in Arizona. Whether it is debt consolidation, refinance, cash-out or a purchase of a new home, Prestige Mortgage will help you make the best decision for you and your family.
  • DL Evans Bank
  • 375 N Overland Ave, Burley, ID, 83318
  • D.L. Evans Bank! We know there are many financial institutions you could bank with, so here is what makes us different: Our greatest asset is you. We owe our success to the relationships we have with our customers, not the size of their accounts or a sales quota. Our customers are our partners and friends, and their success is what drives us.
  • B HOME Mortgage
  • 11811 N Tatum Blvd, Suite 3031, Phoenix, AZ, 85028
  • My name is Brandon Ross and I’m a mortgage consultant with B|HOME Mortgage in Phoenix. As a mortgage broker, I have access to numerous programs from the nation’s top residential lenders. I’m here to help you achieve your real estate goals. My promise is to deliver competitive rates with low costs
  • Home Loans by Paige, LLC
  • 3420 East Shea Boulevard, Suite 200, Phoenix, AZ, 85028
  • Every mortgage company and Loan Officer has the "best" rates, programs, service etc. The resourceful and skilled team at Home Loans By Paige is eager to help you reach your dreams. Mortgages made easy ... How to Qualify For a Low Rate Mortgage without the Headaches, Hassles, or Haggling! First Time Homebuyers ... Low Down Payment.