USDA Loan Vs. FHA loan for East-Alton, IL [Madison County Rates 2023]

In 2024, USDA loan limit in East-Alton, county of Madison, IL is $285,000 while FHA limit is $356,362 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.

Get top 10
USDA LENDERS
customized to yout needes

USDA and FHA loan options in East-Alton, 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.

Lendersa USDA loan request and matching results

What is USDA Loan in Illinois?

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.

(715) 265-4211 https://www.hnbank.com/ 445 miles Lender's profile and map Reviews Hiawatha National Bank 220 East Oak Street, Glenwood City, WI, 54013 Hiawatha National Bank Operator of a regional bank in Wisconsin, United States. The company offers services like personal and business banking services, loan products that include personal loans, mortgages, lines of credit, certificates of deposits along with several other banking services like telebanking and safe depositories.
(651) 383-4000 https://www.ahcu.org/ 445 miles Lender's profile and map Reviews Associated Healthcare Credit Union 6789 Upper Afton Road, Woodbury, MN, 55125 AHCU is a full-service credit union offering financial wellness and education, savings, checking, investments, deposit accounts, all loan types, and electronic services to help accommodate those busy schedules. We also offer car buying and retirement services. If you’re not a member, we hope you will join us.
(651) 227-0771 https://www.pipefitterscu.org/ 445 miles Lender's profile and map Reviews Pipefitters Steamfitters Credit Union 6445 Lake Road Terrace, Suite 100, Saint Paul, MN, 55125 We are a not-for-profit financial institution exclusively serving the members of the U.A. Local #455 Pipefitters Steamfitters and their families. Our philosophy being, “We are member-owned, dedicated to fitting your financial needs”. We are a not-for-profit cooperative, meaning we return all of our profits to the members through lower fees.
(612) 386-5306 http://www.stevenbrandhomeloans.com/ 445 miles Lender's profile and map Reviews Steven Brand 7700 Hudson Rd, Suite 500, Woodbury, MN, 55125 As a “Strategic Mortgage Consultant”… Steve will explain all the options so you understand what is available. He will make sure you’re in the right product, the right MI and closing cost scenario that will meet your short & long term financial goals. If you’re a VETERAN… there is nobody that can match his knowledge or passion to help you get.
(586) 756-3300 https://www.usmfcu.org/ 445 miles Lender's profile and map Reviews Ukrainian Selfreliance Michigan Federal Credit Union 26791 Ryan Road, Warren, MI, 48091 USMFCU has been serving its communities since 1952 and has never stopped putting its members first. Throughout our operation we’ve been committed to bringing great financial services to our members while never sacrificing genuine care and interaction. On top of offering great rates, deals, and services
(402) 371-8005 https://bankfirstonline.com/ 445 miles Lender's profile and map Reviews Bankfirst Nebraska 100 North 13th Street, Norfolk, NE, 68701 We are a locally owned, full service bank based in Norfolk, Nebraska with locally managed branches across Nebraska and Iowa. We have been serving our communities for over 50 years. BankFirst is the local bank you can trust. With 12 locations spread across Nebraska and Iowa, we are invested in the communities we serve.
(402) 371-9345 https://www.nnfcu.com/ 445 miles Lender's profile and map Reviews Northeast Nebraska Federal Credit Union 1306 N 13th Street, Suite 102, Norfolk, NE, 68701 Northeast Nebraska Federal Credit Union is a “not for profit” financial institution where you’re an owner. So what does that mean exactly? Simply, profits are not given to stockholders, like a bank. Profits are reinvested into your credit union to lower loan rates, and increase dividends.
(952) 208-6441 https://www.torofcu.org/ 445 miles Lender's profile and map Reviews Toro Credit Union 8111 Lyndale Avenue South, Bloomington, MN, 55420 Toro Federal Employees Credit Union offers comprehensive financial services to Toro employees who live in the United States, as well as their immediate family members. Immediate family members include: spouses, children, stepchildren, parents, grandparents, grandchildren, brothers and sisters.
(612) 798-7100 https://www.mymncu.org/ 445 miles Lender's profile and map Reviews My Credit Union 9550 Lyndale Avenue S, Minneapolis, MN, 55420 Established in 1957 by local educators, My Credit Union (formerly RBCU) is committed to improving the quality of its members lives by helping to educate them to make the best financial decisions, provide them with the best personal and remote access service, and strengthen the communities it serves by giving back both time and money.
(952) 465-1111 http://www.supfi.com 445 miles Lender's profile and map Reviews Superior Financing, Inc. 8053 East Bloomington Freeway, Suite 300, Bloomington, MN, 55420 Superior Financing, Inc. is a small independent brokerage firm with national investor alliances for favorable (enhanced) pricing. Superior Financing, Inc. utilizes state of the art industry leading software and technology for streamline applications, processing and underwriting for a smooth process and enjoyable experience.
(318) 323-2422 http://www.origin.bank 445 miles Lender's profile and map Reviews Origin Bank 1500 Sterlington Road, Monroe, LA, 71203 Origin Bank, formerly Community Trust Bank, is a Louisiana-chartered bank serving Louisiana, Texas and Mississippi. For over 100 years, we have provided a wide range of traditional banking services and are combining our industry expertise with modern applications to make banking easy both online and offline.