USDA and FHA Pro and Con in Troy, Madison County, IL
In 2026, the USDA loan cap in Troy, located in the county of Madison, IL, is $336,500. For a single-family home under FHA, the limit is $472,030.
Use the Lendersa® USDA loan calculator to explore today's most competitive USDA vs. FHA rates and determine the necessary income, credit, reserves, and documents for qualification. Our advanced mortgage calculator lets you compare USDA, FHA, Conforming, and VA loans side by side, helping you find the best fit for your financial situation in .
2026 Loan Limits and Downpayment Requirements in Troy, Madison, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Explore USDA and FHA Loan Options in Troy, IL
Lendersa® is committed to securing the best possible USDA or FHA loan for you swiftly and effortlessly. Choose from three starting points to connect with lenders and access USDA loan programs.
A USDA home loan, backed by the Department of Agriculture, is also known as a USDA rural development loan or mortgage available only in rural areas. Unlike FHA loans that need a 3.5% minimum down payment, USDA loans don't require any down payment, making them more accessible to qualified applicants.
The Bank of O’Fallon has been proudly serving the needs of O’Fallon, Shiloh and the surrounding areas since 1959. It stands as one of the oldest businesses in O’Fallon and is committed to the future of the metro east as the area continues to grow. Please stop in today or give us a call to see what we can do for you.
1405 N. Green Mount Rd, Suite 250, O Fallon, IL, 62269
Lends in Illinois
Delmar Financial Company is a full-service mortgage company helping new and experienced buyers find their dream homes. Delmar Financial offers a wide range of mortgage products that allow us to fit the best loan to the specific needs of each client. Our products range from conventional, Jumbo, FHA, VA, and more.
SIUE Credit Union is a not-for-profit, member-owned credit union, our main goal is not to make money. Instead, we help you save yours with a complete range of financial products and services. You’ll earn high returns on savings, enjoy lower rates on loans and pay lower (and fewer) fees than you would at most banks.
Scott Credit Union is a full-service financial institution that is member owned, member operated, and not-for-profit. We offer similar products and services to what the conventional financial institutions have, but we do so with our members’ best interest in mind. Any revenue generated after expenses
Mortgage Makers is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward.
1st MidAmerica Credit Union has been helping families achieve their financial goals. 1st MidAmerica is a not-for-profit financial cooperative dedicated to the financial success of its members. 1st MidAmerica is a full service financial institution offering mortgages, auto loans, checking accounts, money markets, certificates and more
230 S Buchanan St, Suite A, Edwardsville, IL, 62025
Lends in Illinois
American Home Lending USA, LLC offer a variety of mortgage solutions and are able to offer competitive wholesale mortgage rates. Some of our popular mortgage products include: 2% down payment grant, VA, Conventional, FHA, $0 Down USDA/Rural Development, HARP, home equity loans, cash out, reverse mortgages no appraisal VA Streamline refinances.
Community Bank of Trenton is headquartered in Trenton and is the 295th largest bank in the state of Illinois. It is also the 4, 071st largest bank in the nation. It was established in 1963 and as of September of 2021, it had grown to 16 employees at 1 location. Community Bank of Trenton has an A health rating.
Founded in 1941 as a source of loans and basic savings products, GCS Credit Union has always focused on the member. Through the years, that philosophy has served us well, helping us grow from a single office in Granite City to a full-service financial institution serving the following Illinois counties: Sangamon, Logan,
