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 Skokie, 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.
Fairway Independent Mortgage Corporation
5250 Old Orchard Rd Suite 360, Skokie, IL 60077
8479126580
Arthur Blachno | Fairway Independent Mortgage Corporation Branch Manager
5250 Old Orchard Rd Suite 360, Skokie, IL 60077
8479126580
Advisory Mortgage, Inc.
8328 Lincoln Ave, Skokie, IL 60077
8475681007
Larry Steinway at New American Funding (NMLS #223579)
5225 Old Orchard Rd Suite #20, Skokie, IL 60077
2245958600
Kathy Bernal | Fairway Independent Mortgage Corporation Loan Officer
5250 Old Orchard Rd Suite 360, Skokie, IL 60077
7739092843
What Does a FHA Loan Specialist in Skokie Cost?
Typical costs for FHA loan services in Illinois include an upfront mortgage insurance premium of 1.75% of the loan amount and an annual premium of 0.55% to 0.85%. Lender origination fees range from 0.5% to 1% of the loan. Third party costs such as appraisal, title search, and credit report fees total $500 to $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 does an FHA loan specialist do in Skokie?
An FHA loan specialist helps borrowers understand FHA loan requirements, complete applications, and gather necessary documents. They also explain Illinois specific rules, such as the 30 day right to cure period for mortgage defaults.
What are the FHA loan limits for Skokie Illinois?
For 2024, the FHA loan limit for a single family home in Cook County, including Skokie, is $498,257. This amount can change annually based on the Federal Housing Administration guidelines.