FHA VS Conventional loan programs in Troy, Madison County, Illinois

In the year 2026, the limit for a Conventional loan in Troy, which is part of the county of Madison, IL, is set at $726,200. For single-family homes, the FHA cap is $472,030.

The Lendersa® Conventional loan calculator enables comparisons of today’s best rates between Conventional, FHA, and USDA loans. It helps you understand the income, credit, reserves, and documentation needed to qualify. Our sophisticated mortgage calculator allows you to assess Conforming Conventional loans, USDA, FHA, and VA side by side, facilitating the decision of which program in IL best suits your financial situation.

Compare loan offers from 100 lenders

Loan Limits and Down Payment Requirements for 2026 in Troy, Madison County, IL

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

This comparison is relevant for the following zip codes: 62294

Available Conventional and FHA Loan Choices in Troy, IL

The aim of Lendersa® is to secure you an optimal Conventional, USDA, or FHA loan quickly and with ease. Choose one of these three pathways to connect with suitable lenders and loan offerings.

Lendersa USDA loan request and matching results


  • 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.

  • Family Finance Mortgage
  • 1787 Jeffco Boulevard, Arnold, MO, 63010
  • Our mortgage professionals give you the individual service you deserve and treat you right. You are making a commitment in buying a house, refinancing a mortgage, or tapping into your home equity. So in turn, we make a commitment to you: we will help you qualify, apply and be approved for the best mortgage loan for you.

  • Alliance Credit Union
  • 1280 S Highway Dr, Fenton, MO, 63026
  • Alliance Credit Union is your local, not-for-profit financial cooperative. Originally chartered in 1948 to serve the financial interests of Emerson Electric Co. employees, today’s Alliance Credit Union serves communities throughout Greater St. Louis. Our not-for-profit status means we can provide you lower loan rates

  • St Louis Mortgage Consultants
  • 1799 Smizer Station Road, Fenton, MO, 63026
  • At St. Louis Mortgage Consultants our core philosophy is to develop and maintain a lifetime relationship with all of our clients. With St. Louis Mortgage Consultants, you will get a local representative that has your best interest in mind. Our goal on a daily basis, is to provide the most efficient and competitive mortgage loan products available.

  • CapitalBull Mortgage
  • 558 Gravois Road, Suite 203, Fenton, MO, 63026
  • CapitalBull LLC was founded January 2, 2009 by Chad Atkins in order to create a mortgage company that didn’t use big banks and was a better solution. The #NoBankBull motto was born, now you have someone to fight the big banks for you and get you the best mortgage out there. CapitalBull only uses wholesale lenders and finds the best rates.

  • Missouri Mortgage Clearing House
  • 697 Green Forest Drive, Fenton, MO, 63026
  • The Missouri Mortgage Clearing House team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area.The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs

  • LITCHFIELD NATIONAL BANK
  • 316 N. State St., Litchfield, IL, 62056
  • Litchfield National Bank was organized in 1907 originally as a state bank known as First State & Savings Bank. On September 19, 1911, it was converted to a National Banking Association. Former bank presidents include M.M. Morrison, T.T. Lackey, Herb Herrick, Charles McBride and Leighton Wesley Cline.

  • North County Savings Bank
  • 411 W Market St, Red Bud, IL, 62278
  • North County Savings Bank was first chartered in 1887 as Evansville Building & Loan Association. The Building & Loan was located in the former Pautler Hotel in Evansville, IL. In 1973 our savings institution was approved for a location in Red Bud, IL and it became our home office with a branch in Evansville, IL.