USDA Vs. FHA your options comparison in Jerseyville, Jersey County, IL
In 2026, the USDA loan limit for Jerseyville, located in Jersey, IL, is $336,500. Meanwhile, the FHA limit for a single-family home stands at $472,030.
Make use of Lendersa® USDA loan calculator to evaluate today's top USDA versus FHA rates. Determine the necessary income, credit, reserves, and documents to qualify. Our advanced mortgage calculator allows you to see USDA, FHA, Conforming, and VA loans side by side, assisting you in picking the best program in for your financial circumstances.
2026 Loan Limits & Downpayment Requirements in Jerseyville, Jersey, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Jerseyville, IL
Lendersa® strives to secure you the best USDA or FHA loan quickly and easily. Start with one of three options to connect with lenders and find appropriate USDA loan programs.
A USDA home loan, supported by the Department of Agriculture and also known as a USDA rural development loan or mortgage, is available solely in rural neighborhoods. Unlike FHA loans that require a 3.5% down payment, USDA loans require no down payment at all.
On January 10, 1903, Theodore S. Chapman, Frederick Jacobs, Joseph R. Fulkerson, and Allen M. Slaten were granted permission to organize a bank to be known as the Jersey State Bank with capital stock of $25, 000.On January 28, 1903 Jersey State Bank opened its door for business at 123 West Pearl Street in Jerseyville
Liberty Bank, headquartered in Alton, Illinois, was founded by area businessmen in 1994. Expanding to Godfrey in 1997 and Bethalto in 2006, it has since grown to include a total of four locations serving Madison County. In 2017, Liberty Bank joined United Community Bank and now includes more than 100 Bank & ATM locations
State Employees Community Credit Union has as its mission the responsibility for providing an efficient, effective, and well-managed financial institution that meets the needs of its membership. In order to accomplish this mission, the State Employees Community Credit Union will continue a sound yet progressive asset management strategy
Altonized Community Federal Credit Union is a not-for-profit cooperative providing the best service to our most important assets – our members.
Altonized Community Federal Credit Union is a full service financial institution owned and controlled by the members who join it. Since its charter in 1939
At Preferred Mortgage, Inc., offers the best services in mortgage financing at the lowest cost to you. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound choices. As full-service mortgage brokers, we offer a wide range of loans from government (VA, FHA)
Bank of Calhoun County is located in Hardin, Illinois, and was founded in 1898. At this location, Bank of Calhoun County employs approximately 25 people. This business is working in the following industry: Finance other. Annual sales for Bank of Calhoun County are around USD 2, 237, 000.00.
We’ve done this by sticking with what business owners tell us they like. They enjoy dealing directly with the decision-maker, so they get fast answers. We attract and retain outstanding bankers, so they can work with the same people for many years, instead of repeatedly starting from scratch with new bankers
