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 10 fha loan specialists in Deerfield, 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.
Joanne Rogers at CrossCountry Mortgage
570 Lake Cook Rd Suite 300 Office 3035, Deerfield, IL 60015
8478924667
Tammy Wasserman at CrossCountry Mortgage
500 Lake Cook Rd Ste 420, Deerfield, IL 60015
2245210743
Infiniti Financial Group, Inc.
1020 N Milwaukee Ave Ste 230, Deerfield, IL 60015
8478321800
Susanne Dziurgot at CrossCountry Mortgage
500 Lake Cook Rd Ste 420, Deerfield, IL 60015
8479718204
Cambridge Lending Group
1020 N Milwaukee Ave Ste 232, Deerfield, IL 60015
8478082300
Home Loan Solutions Inc
420 Lake Cook Rd Ste 104, Deerfield, IL 60015
8479149500
SH Private Lenders
570 Lake Cook Rd Ste 300, Deerfield, IL 60015
7732456683
Pamela Zank at CrossCountry Mortgage
500 Lake Cook Rd Suite 420, Deerfield, IL 60015
8473701780
CrossCountry Mortgage, LLC
500 Lake Cook Rd Ste 420, Deerfield, IL 60015
8479645519
Evan Klee-U.S. Bank Mortgage
700 Deerfield Rd, Deerfield, IL 60015
8478518431
What Does a FHA Loan Specialist in Deerfield Cost?
Typical costs for an FHA loan specialist in Illinois include an origination fee of 1% of the loan amount, plus an appraisal fee of $500 to $700. The upfront mortgage insurance premium (UFMIP) is 1.75% of the loan amount, and annual mortgage insurance premiums range from 0.45% to 1.05% of the loan balance. Closing costs in Illinois average 3% to 5% of the loan amount. 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 Deerfield do?
An FHA loan specialist guides you through the FHA loan application process, including credit checks, income verification, and property appraisal. They ensure your loan meets Illinois state laws and HUD requirements. They also help with the required upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount.
What are the minimum credit score requirements for an FHA loan in Illinois?
The standard minimum credit score for an FHA loan is 580 with a 3.5% down payment. Borrowers with scores between 500 and 579 may qualify with a 10% down payment. Illinois does not have additional state-level credit score rules.
Are there any Illinois-specific FHA loan limits for Deerfield?
Yes, for 2024 the FHA loan limit for a single-family home in Lake County, which includes Deerfield, is $498,257. Higher limits apply for multi-unit properties. These limits are set by HUD and updated annually.