In 2025, the USDA loan limit in Wood-River, located in Madison county, IL, is set at $285,000. For FHA loans, the limit for a single-family home is $356,362.
To compare today’s best USDA and FHA rates, utilize the Lendersa® USDA loan calculator. This tool helps you determine the income, credit, reserves, and documents necessary for qualification. Our advanced mortgage calculator enables you to compare USDA, FHA, Conforming, and VA loans side by side, aiding in selecting the most suitable option for your financial needs in
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| Loan Type | Loan Limit | Down Payment |
| USDA | $285,000 | 0% |
| FHA | $356,362 | 3.5% |
| Conventional Conforming | $548,250 | 3% |
Lendersa® is dedicated to facilitating a streamlined experience in securing the best USDA or FHA loan. Start by choosing one of three options that lead to matching with ideal lenders and USDA loan programs.
A USDA home loan, also known as a USDA rural development loan or mortgage, is a government-backed option available only in rural areas. Unlike FHA loans, which require at least a 3.5% down payment, USDA loans need no down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
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