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 McHenry, 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.
Heights Finance
3726 W Elm St, McHenry, IL 60050
8157593713
Cross Country Mortgage, LLC
1220 N Green St, McHenry, IL 60050
8477221775
Wendy Erickson at Rate (NMLS #502402)
4005 Kane Ave Suite H, McHenry, IL 60050
8478072745
Home State Bank
**Temporarily Closed**, 4401 Prime Pkwy, McHenry, IL 60050
8157592000
Loan Mortgage USA
3720 W Prestwick St, McHenry, IL 60050
8153450546
What Does a FHA Loan Specialist in McHenry Cost?
Typical costs for FHA loan services in Illinois include an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount and an annual MIP of 0.45% to 1.05% depending on loan term and down payment. Lender origination fees often range from 0.5% to 1.5% of the loan amount. Appraisal fees in McHenry County average $500 to $700. These costs vary by lender and borrower 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 McHenry do?
An FHA loan specialist in McHenry assists with FHA loan applications, pre-approvals, and closing processes. They ensure the borrower meets FHA guidelines and Illinois licensing requirements. They also help with property eligibility checks for McHenry County homes.
What are the FHA loan limits for McHenry County Illinois?
For 2025, FHA loan limits for McHenry County are set by HUD and typically range from around $498,257 for a single-family home to higher amounts for multi-unit properties. These limits are adjusted annually and may vary based on property type.