Find FHA Loan Specialists in Berwyn, IL
Directory of fha loan specialists in Berwyn, Illinois. Verify credentials with the state state mortgage licensing authority before hiring.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of Illinois before hiring.
Showing 14 fha loan specialists in Berwyn, IL
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
What Does a FHA Loan Specialist in Berwyn Cost?
Typical costs for FHA loan specialist services in Illinois include an origination fee of 1 percent of the loan amount and third party fees for appraisal credit report and title search. For a $200,000 loan total closing costs often range from $3,000 to $6,000. Borrowers also pay the upfront MIP of 1.75 percent which can be rolled into the loan. This is general information not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What are FHA loan limits for Berwyn Illinois in 2025?
For 2025 the FHA loan limit for a single family home in Cook County including Berwyn is $498,257. This limit applies to most areas and may be higher for duplexes triplexes or four unit properties.
What credit score is needed for an FHA loan in Berwyn?
FHA loans generally require a minimum credit score of 580 for a 3.5 percent down payment. Borrowers with scores between 500 and 579 may still qualify but must put down at least 10 percent. Illinois lenders may have additional overlays so check with a specialist.