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FHA Loan Specialists in Bourbonnais, IL

Browse fha loan specialists serving Bourbonnais, Illinois. Contact information and addresses listed below.

13 agents listed
Updated May 2026
Bourbonnais, IL
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 Illinois before hiring.
Showing 13 fha loan specialists in Bourbonnais, 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.
Eric Passini - Mortgage Lender; First American Bank
288 Main St NW, Bourbonnais, IL 60914
6305478904
Triad Financial Services
19 Heritage Dr, Bourbonnais, IL 60914
8159361179
PrimeLending, A PlainsCapital Company - Greater Illinois
573 William R Latham Senior Dr Suite D, Bourbonnais, IL 60914
6185036158
PrimeLending, A PlainsCapital Company - Springfield IL
573 William R Latham Senior Dr Suite D, Bourbonnais, IL 60914
6185036158
Midland States Bank
576 William R Latham Senior Dr, Bourbonnais, IL 60914
8159372829
Bank of Bourbonnais
1 Heritage Dr, Bourbonnais, IL 60914
8159330570
David Milton, Loan Officer
573 William R Latham Senior Dr Suite D, Bourbonnais, IL 60914
7082563870
John DesMarteau at Guaranteed Rate Affinity (NMLS #283957)
310 N Convent St Suite 3, Bourbonnais, IL 60914
6304044583
Marsha Peterson - Financial Advisor, Ameriprise Financial Services, LLC
310 N Convent St #1, Bourbonnais, IL 60914
8159334494
Creekmur Wealth Advisors
403 S Main St, Bourbonnais, IL 60914
8159299600
Compeer Financial
570 William Latham Drive, Bourbonnais, IL 60914
8159337831
Midland Wealth Management
576 William Latham Drive, Bourbonnais, IL 60914
8159353433
PNC Mortgage
425 Main St NW, Bourbonnais, IL 60914
8159353880

An FHA loan specialist in Bourbonnais, Illinois can help you navigate the process of obtaining a government-backed mortgage. These loans are popular for first-time homebuyers and those with lower credit scores. In Illinois, FHA loans must meet specific state property standards and require a valid appraisal from a FHA-approved appraiser.

What Does a FHA Loan Specialist in Bourbonnais Cost?

Typical costs for FHA loan specialist services in Illinois include an upfront mortgage insurance premium of 1.75% of the loan amount and an annual mortgage insurance premium of 0.55% to 0.85%. You may also pay an origination fee of 1% to 2% of the loan amount. These costs vary by lender and your specific financial situation. 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 does an FHA loan specialist in Bourbonnais do?
An FHA loan specialist helps you understand FHA loan requirements, complete your application, and gather necessary documents. They also guide you through the approval process and ensure your loan meets Illinois state regulations.
What are the FHA loan limits for Bourbonnais Illinois?
For 2024, the FHA loan limit for a single-family home in Kankakee County, which includes Bourbonnais, is $498,257. This amount can change each year based on the local median home price.
Do I need a special license to be an FHA loan specialist in Illinois?
Yes. In Illinois, loan officers must hold a valid Mortgage Loan Originator license through the Nationwide Multistate Licensing System. They must also complete continuing education courses approved by the Illinois Department of Financial and Professional Regulation.