USDA and FHA Pro and Con in East-Alton, Madison County, IL
In 2025, for East-Alton located in Madison county of IL, the USDA loan limit is $285,000, whereas the FHA limit for a single-family home is $356,362.
Utilize the Lendersa® USDA loan calculator to assess and compare today's best rates between USDA and FHA loans. Find out the income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator provides a side-by-side view of USDA, FHA, Conforming, and VA loans, helping you to select the best program in for your financial needs.
Loan Limits and Down Payment Requirements for 2025 in East-Alton, Madison County, IL
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in East-Alton, IL
The objective of Lendersa® is to swiftly secure the best USDA or FHA loan for you without hassle. Start with one of the three options that connect you with matching lenders and USDA loan programs suited to your needs.
A USDA home loan, also referred to as a USDA rural development loan or mortgage, is guaranteed by the U.S. Department of Agriculture and is available solely in rural areas. Unlike FHA loans that require a down payment of at least 3.5%, USDA loans require no down payment, offering substantial advantages for eligible borrowers.
At Legacy Home Loans our experienced mortgage professionals view a new loan as an opportunity to help you purchase a new home or to show your the saving benefits of ReFinancing your current loan. But it is more than that! We believe it is a start of a long term relationship that can save the home owner thousands of dollars over the life
At Consumer Direct Home Loans, where we specialize in residential mortgages. At Consumer Direct Home Loans, we will find a loan that fits each borrower. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants. Our consultants know what it takes to get through underwriting quickly.
26381 Crown Valley Parkway, Suite 130, Mission Viejo, CA, 92691
At South coast funding group Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
Open House Funding, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
27281 Las Ramblas, Suite 200, Mission Viejo, CA, 92691
Our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available today.
26522 La Alameda, Suite 200, Mission Viejo, CA, 92691
Dej Lending is a California-based mortgage brokerage firm that specializes in mortgage loans for homes of all shapes, sizes, and prices. Our main focus is on personalizing your loan to fit your needs. A mortgage is the biggest financial commitment you can make, and our expertise and dedication to customer service will give you complete confidence
SJ&B Mortgage is located in Mission Viejo, California. We pride oursellves on offering some of the lowest rates nationwide and make the loan process simple, straightforward and fast for borrowers seeking a mortgage in the California. Whether you are a first time home buyer, purchasing your dream home, refinancing an outstanding loan.
27201 Puerta Real, Suite 300, Mission Viejo, CA, 92691
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
26522 La Alameda, Suite 395, Mission Viejo, CA, 92691
Accelerated Funding Government Loans Inc founded in 1985 California and Nevada Home Loans and also Accelerated Funding offers FHA, VA, and Conventional Fixed and Adjustable Rate Loans for Purchase and Refinance transactions.FHA, VA, and Conventional Fixed and Adjustable Rate Loans.
26381 Crown Valley Parkway, Suite 230, Mission Viejo, CA, 92691
California Coastal Loans is a company on a mission to create an environment of trust, ethics and care for our clients. Our core belief is that if you treat your client exactly the way you would want to be treated, you are building a foundation for a lasting relationship. Founded in 1999
Cash Saver Loans - is a direct mortgage lender based in California. We are committed to providing the best possible mortgage solutions for your home purchasing and refinancing needs. Dealing with a direct lender, you can by-pass a broker and the broker-related fees they charge. We also process our loans in-house thereby avoiding 3rd party.
