Find FHA Loan Specialists in Granite City, IL
Directory of fha loan specialists in Granite City, 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 3 fha loan specialists in Granite City, 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 Granite City 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 premium of 0.55 percent. Closing costs in Granite City usually range from 2 to 5 percent of the purchase price. Lender fees may vary between $500 and $1,500. 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 credit score is needed for an FHA loan in Granite City?
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 qualify with a 10 percent down payment. Each lender in Illinois may have its own requirements above the FHA minimum.
What are the loan limits for FHA loans in Madison County Illinois?
For 2025, the FHA loan limit for a single family home in Madison County Illinois is $498,257. This amount can change yearly based on median home prices. A specialist can confirm the current limit for your specific property.