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Showing 2 fha loan specialists in Dundee Township, 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.
Pamela Miehle - Mortgage Lender; First American Bank
218 W Main St, Dundee Township, IL 60118
6305478884
Litton Loan Group | Mortgage Loan Officers | Elk Grove Village, IL
2380 Esplanade Dr, Dundee Township, IL 60118
8478068357
What Does a FHA Loan Specialist in Dundee Township Cost?
Typical costs for an FHA loan specialist in Illinois include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual MIP of 0.55 to 0.85 percent. Closing costs usually range from 2 to 5 percent of the purchase price. These costs vary by lender and loan size. 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 the FHA loan limits for Dundee Township Illinois?
For 2025 FHA loan limits in Kane County are typically around $498,257 for a single family home. Dundee Township falls within the Chicago metro area which may have higher limits. Check with a specialist for the exact current limit.
What credit score is needed for an FHA loan in Illinois?
Most FHA loans require a minimum credit score of 580 for a 3.5 percent down payment. Borrowers with scores between 500 and 579 may still qualify with a 10 percent down payment. Illinois law does not impose additional credit requirements beyond FHA standards.
How long does the FHA loan process take in Dundee Township?
The typical FHA loan process in Illinois takes 30 to 45 days from application to closing. Delays can occur due to appraisal issues or document verification. A local specialist can help streamline the process for Dundee Township properties.