In 2026, FHA loan limits in Wood-River county, part of Madison, IL, stand at $356,362 for a single-family home, $456,275 for two-unit properties, $551,500 for three-unit buildings, and $685,400 for four-unit residences.
The cap for conventional loan amounts on a single-family residence is $548,250. Two-unit homes have a limit of $702,000, three-unit structures reach $848,500, and four-unit properties max out at $1,054,500.
Utilize our FHA calculator to discover today’s most advantageous FHA rates and determine the appropriate downpayment, income, credit, reserves, and documentation needed to qualify.
The Lendersa® calculator is your tool for comparing FHA rates and terms with those of other loan programs. Consider options including Conventional, Jumbo, VA, USDA, Non-QM, and hard money loans to be contrasted with FHA terms.
Lendersa® aggregates loan program details from thousands of lenders, swiftly aligning them with your unique financial profile and objectives.
The Loan Limits Comparison Table for 2026 in Wood-River county within Madison, IL, provides insights into maximum loan amounts for FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. Assess qualification requirements such as income, reserves, and credit using the Lendersa® Super Loan Integrated Qualifier (SLIQ™).
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $356,362 | $456,275 | $551,500 | $685,400 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $548,250 | $702,000 | $848,500 | $1,054,500 |
| USDA | $285,000 | $285,000 | $285,000 | $285,000 |
| VA | $548,250 | $702,000 | $848,500 | $1,054,500 |
| 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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