USDA Vs. FHA your options comparison in Collinsville, Madison County, IL
In 2025, USDA loan limit in Collinsville, county of Madison, IL is $336,500 while FHA limit is $472,030 for a single-family home.
Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.
2025 loan limits and downpayment requirments in Collinsville, county of Madison, IL
Loan Type
Loan Limit
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA loan options in Collinsville, IL
Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.
USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
Ripco Credit Union is a not-for-profit, state chartered financial institution in Rhinelander, Wisconsin. Ripco was organized in 1932 to promote thrift and provide financial services to its members. Ripco Credit Union is a member of the National Credit Union Association and the Wisconsin Credit Union League
"We are an independent mortgage broker serving all of Ohio's home buyers and homeowners with their mortgage needs.
MISSION
Help consumers get access to the best mortgage, with transparency and professionalism
VISION
Educate and serve all mortgage consumers in our service area while preserving the true wholesale to broker model"
HomeTown Bank has been providing customers with the most innovative financial services & solutions. HomeTown Bank is proud to give back to the communities we serve through donations,volunteering, partnerships & ongoing support. As a community bank, HomeTown Bank Strives to personally get to know customers,build strong relationships they can trust.
13750 Crosstown Drive NW, Suite 200, Minneapolis, MN, 55304
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