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Find FHA Loan Specialists Near You in Forest Park, IL

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

5 agents listed
Updated May 2026
Forest Park, 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 5 fha loan specialists in Forest Park, 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.
Javier Vazquez at Rate (NMLS #2129690)
7500 Madison St, Forest Park, IL 60130
3124295594
Maggie Martinez at Rate (NMLS #443627)
7500 Madison St, Forest Park, IL 60130
6307290005
Erick Mendoza at Rate (NMLS #1951489)
7500 Madison St, Forest Park, IL 60130
6305814705
Rate
7500 Madison St, Forest Park, IL 60130
6307290005
Heidi Ramirez at Rate (NMLS #2583893)
7500 Madison St, Forest Park, IL 60130
3126616049

An FHA loan specialist in Forest Park Illinois can guide you through the process of obtaining a Federal Housing Administration insured mortgage. Illinois law requires all mortgage loan originators to be licensed through the Illinois Department of Financial and Professional Regulation. Forest Park residents often use FHA loans for its lower down payment requirements and flexible credit guidelines.

What Does a FHA Loan Specialist in Forest Park Cost?

Typical costs for an FHA loan specialist in Illinois include an origination fee of 1 percent of the loan amount and an upfront mortgage insurance premium of 1.75 percent of the loan. Closing costs generally range from 2 to 5 percent of the purchase price. These costs vary by lender and loan size. This is general information and 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 Forest Park do?
An FHA loan specialist helps you understand FHA loan requirements, pre qualify you for a loan, and guide you through the application process. They work with Illinois specific property conditions and local appraisal standards.
What are the FHA loan limits for Forest Park Illinois in 2024?
For 2024, the FHA loan limit for a single family home in Cook County including Forest Park is $498,257. Higher limits apply for multi unit properties. These limits are set by the U.S. Department of Housing and Urban Development.
Do I need a special license to be an FHA loan specialist in Illinois?
Yes. In Illinois, all mortgage loan originators must hold a valid license from the Illinois Department of Financial and Professional Regulation. They must also pass a background check and complete pre licensing education.