USDA Vs. FHA your options comparison in Alton, Madison County, IL
In the year 2025, the USDA loan limit within Alton, in the county of Madison, IL, is $336,500, while the FHA limit for a single-family house is set at $472,030.
Utilize the Lendersa® USDA loan calculator to compare the highest available rates for USDA VS FHA loans today. This helps determine the income, credit standing, reserves, and documentation required for qualification. Our comprehensive mortgage calculator offers a side-by-side view of USDA, FHA, Conforming, and VA programs, aiding your decision on the best option for your financial situation in .
2025 Loan Limits and Down Payment Specifications in Alton, Madison, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Alton, IL
Lendersa® is committed to securing you the ideal USDA or FHA loan promptly and effortlessly. Begin with one of three approaches that lead you to matched lenders and USDA loan programs.
The USDA home loan, endorsed by the government through the Department of Agriculture, also known as the USDA rural development loan or USDA mortgage, is solely available in rural areas. In contrast to FHA loans mandating a minimum 3.5% down payment, the USDA mortgage requires no down payment.
NFFMECU provide our members with best possible financial services, stressing personal attention and competitive rates and terms.The NFFMECU has a strong commitment to our members and encourages members to make the Credit Union their primary financial institution.
The Credit Union offers very competitive rates and terms and members are encouraged
Niagara’s Choice Credit Union We are a full-service, not-for-profit, financial organization serving over 24, 000 members. The majority of our member base is within Niagara County, we serve members who live across the United States.
The credit union was founded in 1953 by a small group of employees of the former Hooker Chemical Company.
At Meridia Community Credit Union, we’re forward thinkers focused on doing more for our members and helping them achieve financial results that go beyond ordinary. Whether it’s offering progressive products, staying open a little longer each day, or simply taking time to truly listen, we go beyond expectations.
Our mission is to serve our customers with honesty, integrity, & competence while taking the mystery & anxiety our of home financing. With each of our loan officers bringing 20+ years of lending experience to the transaction, we take the time to understand your personal financial circumstances & craft a mortgage.
At Community Bank & Trust, our mission statement is "Serving Beyond Expectations." By making this statement, we are making a pledge that our core purpose is to provide quality financial services with excellence and professionalism to Central Texans. Community Bank & Trust was founded in 1952 as a customer-oriented, convenient bank.
Highway District 9 Credit Union was chartered July 28, 1953, serving the Texas Department of Transportation (TxDOT) District 9 employees and their family members. Highway District 9 Credit Union has always been committed to the best interest of our members. That’s why we were founded in the beginning, and it’s something we still believe in today.
NeighborWorks® Waco is a non-profit organization whose mission is to build stronger neighborhoods through homeownership, quality rental housing and community-building initiatives. Our team will continue work both on site and remotely, and will be available by mail and phone. We have decided to temporarily.
Peoples State Bank is a community bank that has been serving the Lake Livingston Area since 1921. In January 1986 the bank was purchased by AmTex Bancshares, Inc, a bank holding company located in Orange, Texas. Peoples State Bank’s main location is headquartered in Shepherd, with branch location in Coldspring and Livingston.
Carolina Home Mortgage is a family-owned mortgage broker you can take advantage of comparing the products of 10 or more lenders without leaving the comfort of your home. Our company does not lend the money, so we are not motivated to push you into a set product or cross sell financial accounts.
1414 Raleigh Rd, Suite 400, Chapel Hill, NC, 27517
"At CIMG, giving back to our local community is an integral part of the company culture. You could say it’s part of our DNA. Since 1997, we have put over $1.2 million back into the communities we operate in through sponsorships and other charitable contributions.
We see ourselves as a small business with a big responsibility
