Explore the differences! FHA VS Conventional loan programs in Rosewood-Heights, Madison County, Illinois

In the year 2025, the Conventional loan limit for Rosewood-Heights, located in Madison, IL, is $647,200. Conversely, the FHA limit for a single-family home is $420,680.

Leverage the Lendersa® Conventional loan calculator to evaluate the best rates available today across Conventional, FHA, and USDA loans. Determine the income, credit, reserves, and necessary documents required to qualify. Use our advanced mortgage calculator to see a side-by-side analysis of Conforming Conventional loans, USDA, FHA, and VA options, aiding in selecting the optimal program in IL suited to your financial circumstances.

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Loan Limits and Downpayment Requirements for 2025 in Rosewood-Heights, Madison County, IL

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

This comparison table is relevant for the following zip codes: 62024, 62018

Explore Conventional and FHA Loan Solutions in Rosewood-Heights, IL

The ambition of Lendersa® is to promptly and effortlessly secure the best possible Conventional, USDA, or FHA loans for you. Opt for one of three starting strategies that ensure alignment with suitable lenders and loan choices.

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  • Greenway Mortgage Funding Corp
  • 107 Tindall Rd, Suite 14, Middletown, NJ, 07748
  • Greenway Mortgage is committed to transparency and open communications with its clients. We pride ourselves on speed, efficiency and providing a first-rate experience. Our loan officers are experienced, trusted professionals that are accessible and remain engaged throughout the loan process.
  • Tristar Mortgage
  • 711 Forest Ave, Staten Island, NY, 10310
  • Our mortgage professionals give you the personal attention you deserve & treat you with the respect due a valued customer.We understand you’re making a commitment in buying new home,refinancing & mortgage or cashing out your home equity.So we make a commitment to you.We will help you qualify, apply & be approved for the right mortgage loan for you
  • Keypoint Mortgage
  • 125 Bathurst Avenue, North Arlington, NJ, 07031
  • At Keypoint Mortgage, 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.
  • Mortgage Pro
  • 1980 Summit Drive, Dunedin, FL, 34698
  • 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.
  • Schuyler Savings Bank
  • 24 Davis Avenue, Kearny, NJ, 07032
  • Schuyler Savings Bank has been serving the Kearny and surrounding NJ communities since 1924. As a true “Community Bank”, we are committed and dedicated to providing excellent service to our customers with branches both in Kearny and Harrison. Being very attentive to customer needs and offering more personalized service.
  • Aspire Credit Union
  • 1430 South Broadway, Minot, ND, 58702
  • Our Mission to Serve and support our members and our community. Our Vision to Provide excellent service to our evolving members and earn lifetime loyalty. Our Values to Go above and beyond. We are always looking for ways to do more, be better, and go further: including interactions with members, attention to detail, and leading in our community.
  • Nationwide Equities Corporation
  • 1 International Blvd, Suite 1202, Mahwah, NJ, 07495
  • Nationwide Equities is a family-owned, veteran mortgage lender that has been serving communities nationwide for over 20 years. We have established a proven track record as being the best service-oriented direct lender with a full menu of purchase, refinance, and reverse mortgage programs.
  • Longbridge Financial, LLC
  • 1 International Blvd, Suite 900, Mahwah, NJ, 07495
  • Longbridge Financial. LLC helps qualifying homeowners take some of the financial stress out of retirement by gaining immediate access to the home equity they have built up over the years. We do this through a Reverse Mortgage – more accurately now called a Home Equity Conversion Mortgage (HECM).
  • Case Real Estate Capital
  • PO Box 5100, Rochelle Park, NJ, 07002
  • Our company provides financing solutions for transitional assets – industrial, multi-family, retail, land and office – located in the New York metropolitan area, as well as throughout the Northeast and Mid-Atlantic regions and in South Florida. At Case, we evaluate each loan, property and real estate.
  • BCB Community Bank
  • 591 Avenue C, Bayonne, NJ, 07002
  • The Bank started in 2000 with just one branch in Bayonne, NJ. After 10 years of success and growth, BCB acquired Pamrapo Savings Bank, also headquartered in Bayonne, but with reach into neighboring communities. Soon after this expansion, BCB acquired Allegiance Community Bank, headquartered in South Orange, NJ.