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Find FHA Loan Specialists in Buffalo Grove, IL

Looking for a fha loan specialist in Buffalo Grove? Review the directory below to compare your options.

4 agents listed
Updated May 2026
Buffalo Grove, 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 4 fha loan specialists in Buffalo Grove, 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.
1st Eagle Mortgage
1450 Busch Pkwy, Buffalo Grove, IL 60089
8474414116
Todd Schwartz Baytree National Bank
1691 Weiland Rd, Buffalo Grove, IL 60089
8479770725
Chase Home Lending
1525 Deerfield Pkwy, Buffalo Grove, IL 60089
8472792388
Chase Home Lending
850 S Buffalo Grove Rd, Buffalo Grove, IL 60089
3327993643

An FHA loan specialist in Buffalo Grove, Illinois helps homebuyers navigate FHA-insured mortgages, which are popular for first-time buyers and those with lower credit scores. Illinois law requires all mortgage loan originators to be licensed through the Illinois Department of Financial and Professional Regulation. Local specialists understand the specific property value trends and school district data that affect loan approvals in Buffalo Grove.

What Does a FHA Loan Specialist in Buffalo Grove Cost?

Typical costs for an FHA loan 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% depending on loan term and down payment. Closing costs in Buffalo Grove generally range from 2% to 5% of the purchase price, covering appraisal, title insurance, and lender fees. 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 Buffalo Grove do?
An FHA loan specialist guides borrowers through the FHA loan process, including pre-approval, documentation, and closing. They help ensure the property meets FHA minimum property standards and that the borrower qualifies under federal guidelines. In Illinois, specialists must also comply with state-specific disclosure rules.
What are the FHA loan limits for Buffalo Grove, Illinois?
For 2024, the FHA loan limit for a single-family home in Lake County, which includes Buffalo Grove, is $498,257. This limit applies to standard FHA loans and may be higher for duplexes or triplexes. A local specialist can verify current limits and help you find a loan within your budget.