FHA VS Conventional loan programs in 2025 for Wood-River, Madison County, Illinois
For 2025, the maximum limit for a Conventional loan in Wood-River, within Madison County, IL, is set at $647,200. Additionally, the FHA loan limit for a single-family residence is $420,680.
Use the Lendersa® Conventional loan calculator to compare the top rates available today for Conventional loans against FHA and USDA options. This tool helps determine the necessary income, credit, reserves, and documentation for qualification. Our state-of-the-art mortgage calculator places Conforming Conventional, USDA, FHA, and VA loans side by side, enabling you to choose the most suitable program for your financial needs in IL.
Loan Limits and Down Payment Requirements for 2025 in Wood-River, Madison County, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$285,000
0%
FHA
$420,680
3.5%
This table of comparisons applies to the following zip codes: 62024, 62095
Explore Conventional and FHA Loan Options in Wood-River, IL
With Lendersa®, the goal is to quickly and efficiently secure the optimal Conventional, USDA, or FHA loan for you, with minimal hassle. Start with one of three pathways to find the perfect match with lenders and loan programs.
Peoples Bank is a Bank with operations in fifty states. Peoples Bank offers numerous mortgage programs including conventional, jumbo, non-owner occupied, FHA, VA, USDA, reverse and construction mortgages and Peoples is a member of the Russell 3000 index of U.S. publicly-traded companies
At Franklin State Bank, we are your trusted banking partner! Located in Southwest Minnesota, we are happy to serve our friends, family and neighbors by helping them secure home, business, and agricultural loans as well as supplying them with convenient checking, savings and more. Online and mobile banking ensures you get your financial information
Local people serving local people. Our motto is the driving force behind all of First Sentinel Bank's efforts to build deeper connections with our communities, our customers, and our employees. First Sentinel Bank continues to stand apart from competitors through grass-roots involvement with our local communities.
Since its inception, the bank's primary mission has been to serve the banking needs of Midwest City as well as Eastern Oklahoma County and Tinker Air Force Base. This continues to be the primary driving force behind the bank today. Being the oldest and most firmly established bank in the area.
Kirkpatrick Bank is a business bank serving Oklahoma and Colorado with branches in Edmond, Oklahoma City, Colorado Springs, Denver, and Westcliffe.
Kirkpatrick Bank also offers private banking, wealth services, home loans and an exclusively online product, Savings Square, which has attracted customers in all 50 states.
Valor Bank is focused on serving the community through real estate and business lending, deposit offerings, and joyfully giving 10% of our profits to non-profits making a positive difference. Valor is faithfulness to our commitments, valuing people, and courage to follow God's will.
2601 Kelley Pointe Pkwy, Suite 203, Edmond, OK, 73013
We're committed to easing your concerns and addressing all of your mortgage needs. We provide personalized guidance and direction regarding a variety of financing options, empowering you with the knowledge and resources you need. Get in touch today to start making smarter choices regarding mortgages.
Executive Lending are a local Home Loan Lender with a store front location on I35 in Edmond. You can walk into our office anytime during business hours and anytime evenings / weekends with an appointment. You can call / text us on our cell or call the office with an energetic, kind & helpful staff.
