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 14 fha loan specialists in Berwyn, 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.
KeySmart Mortgage Co.
6847 Cermak Rd, Berwyn, IL 60402
7086130040
Reyna Mortgage Group | Mortgage Lender – Berwyn, Cicero, Chicago, FHA, Conventional, DSCR, FixNFlip, Down Payment, Grants
6625 W 26th St, Berwyn, IL 60402
7086427890
Jorge A. Flores Mortgage Team
6625 W 26th St, Berwyn, IL 60402
7084124012
Guaranteed Financial
6231 Roosevelt Rd, Berwyn, IL 60402
7087492200
National Home Mortgage Inc.
3100 S Oak Park Ave, Berwyn, IL 60402
7088312727
Preferred Rate - Berwyn
6827 Stanley Ave, Berwyn, IL 60402
7083090314
Juan Agustin Fleitas at CrossCountry Mortgage
3208 Grove Ave 1st Floor, Berwyn, IL 60402
7082142222
Rate - Berwyn, IL
6216 Cermak Rd, Berwyn, IL 60402
3127521340
Neighborhood Loans: Berwyn - NMLS ID - 222982
6625 W 26th St, Berwyn, IL 60402
7084124012
Juan Pablo (JP) Berruti - Preferred Rate
6827 Stanley Ave Suite 500, Berwyn, IL 60402
7083090314
Lidia Felix- Rocket Local
6619 Cermak Rd, Berwyn, IL 60402
8473477896
CrossCountry Mortgage, LLC
3208 Grove Ave 1st Floor, Berwyn, IL 60402
7083214565
Compass Mortgage, Inc.
3200 S Oak Park Ave suite d, Berwyn, IL 60402
7083933757
Midwest Mortgage Professionals Inc
6515 Stanley Ave #2, Berwyn, IL 60402
7737204971
What Does a FHA Loan Specialist in Berwyn Cost?
Typical costs for FHA loan specialist services in Illinois include an origination fee of 1 percent of the loan amount and third party fees for appraisal credit report and title search. For a $200,000 loan total closing costs often range from $3,000 to $6,000. Borrowers also pay the upfront MIP of 1.75 percent which can be rolled into the loan. 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 FHA loan limits for Berwyn Illinois in 2025?
For 2025 the FHA loan limit for a single family home in Cook County including Berwyn is $498,257. This limit applies to most areas and may be higher for duplexes triplexes or four unit properties.
What credit score is needed for an FHA loan in Berwyn?
FHA loans generally require a minimum credit score of 580 for a 3.5 percent down payment. Borrowers with scores between 500 and 579 may still qualify but must put down at least 10 percent. Illinois lenders may have additional overlays so check with a specialist.
Do FHA loans require mortgage insurance in Illinois?
Yes all FHA loans require both an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual MIP paid monthly. The annual MIP rate varies from 0.15 percent to 0.75 percent depending on loan term and loan to value ratio.