Granite City, Illinois Mortgage & Home Loans
Granite City is a Metro East community in Madison County with an industrial heritage and affordable housing near St. Louis. Its affordability suits first-time buyers.
- Population 27,549
- Local, licensed guidance
Madison County loan limits (2026)
- FHA loan limit (1-unit)
- $541,287
- Conforming limit (1-unit)
- $832,750
- Jumbo loan threshold
- Above $832,750
Illinois has no high-cost counties, so these limits apply statewide. Figures as of 2026 and subject to change — verify current limits with FHFA/HUD. Not a commitment to lend.
Loan options in Granite City
Purchase Loans
Buy your next home with a loan matched to your budget and goals.
Learn moreRefinance Loans
Lower your rate, change your term, or tap equity with a refinance.
Learn moreFHA Loans
Low down payments and flexible credit for first-time and repeat buyers.
Learn moreVA Loans
Zero-down financing for eligible veterans, service members, and spouses.
Learn moreUSDA Loans
No-down-payment loans for eligible homes in rural Illinois communities.
Learn moreJumbo Loans
Financing above the conforming limit for higher-priced Illinois homes.
Learn moreFirst-Time Home Buyers
Programs, down-payment assistance, and guidance for your first purchase.
Learn moreFirst-time buyer in Granite City? Illinois Housing Development Authority (IHDA) programs and other down-payment assistance may be available in Madison County. See first-time buyer options →
Talk to a Granite City loan officer
Tell us about your goals and a licensed loan officer will help you find the right loan for Granite City. No obligation.
What are your goals?
Granite City mortgage FAQ
Is Granite City affordable?
Granite City offers affordable Metro East housing near St. Louis, making it accessible for many first-time buyers.
What's the FHA limit in Granite City?
Madison County follows Illinois' statewide 2026 FHA limit of $541,287 (one-unit) and the $832,750 conforming limit.