For {CURRENT_YEAR}, FHA loan limits in Troy county, part of Madison, IL, are set at {DETAILS_LOAN_LIMIT_FHA1} for a single-family home, {DETAILS_LOAN_LIMIT_FHA2} for two-unit residences, {DETAILS_LOAN_LIMIT_FHA3} for three-unit properties, and {DETAILS_LOAN_LIMIT_FHA4} for four-unit homes.
The highest amount for conventional loans on a single-family home is {DETAILS_LOAN_LIMIT_CONVENTIONAL1}. For two-unit structures, it reaches {DETAILS_LOAN_LIMIT_CONVENTIONAL2}, for three-unit buildings, the limit is {DETAILS_LOAN_LIMIT_CONVENTIONAL3}, and for four-unit properties, it's {DETAILS_LOAN_LIMIT_CONVENTIONAL4}.
Leverage our FHA calculator to view today’s leading FHA rates and analyze necessary downpayment, income, credit requirements, reserves, and documentation required to qualify.
The Lendersa® calculator facilitates comparing FHA rates and terms with those of other loan options. Review choices like Conventional, Jumbo, VA, USDA, Non-QM, and hard money loans alongside FHA products.
Lendersa® acquires comprehensive loan program data from thousands of lenders, providing swift comparisons matched to your financial profile and requirements.
The Loan Limits Comparison Table for {CURRENT_YEAR} in Troy county of Madison, IL, offers an overview of maximum loan amounts for FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. To evaluate qualification standards like income, reserves, and credit, employ the Lendersa® Super Loan Integrated Qualifier (SLIQ™).
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $472,030 | $604,400 | $730,525 | $907,900 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| USDA | $336,500 | $336,500 | $336,500 | $336,500 |
| VA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| None-Qm | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 |
| None- QM- Super Jumo | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 |
| Reverse Mortgage (HECM) | $822,375 | $822,375 | $822,375 | $822,375 |
| Proprietary Reverse Mortgage (Non-FHA) | $4,000,000 | $4,000,000 | $4,000,000 | $4,000,000 |
| Hard Money | $90,000,000 | $90,000,000 | $90,000,000 | $90,000,000 |
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