Skip to main content

Find FHA Loan Specialists Near You in Carpentersville, IL

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

5 agents listed
Updated May 2026
Carpentersville, 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 5 fha loan specialists in Carpentersville, 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.
Guild Mortgage Company
1646 Ravine Ln Unit 201, Carpentersville, IL 60110
8472644010
Guild Mortgage - Javier Mendoza
1646 Ravine Ln Unit 201, Carpentersville, IL 60110
8478120469
The Preferred Group
154 S Washington St, Carpentersville, IL 60110
6303727600
David Gonzalez - Chase Home Lending Advisor - NMLS ID 427252
21 S Western Ave, Carpentersville, IL 60110
8473410703
Chase Home Lending
21 S Western Ave, Carpentersville, IL 60110
2242451637

An FHA loan specialist in Carpentersville Illinois helps homebuyers secure mortgages insured by the Federal Housing Administration. These loans are popular for first time buyers and those with lower credit scores. In Illinois FHA loan limits for 2024 vary by county with Kane County limits typically higher than the national standard due to local housing costs.

What Does a FHA Loan Specialist in Carpentersville Cost?

Typical costs for FHA loan services in Illinois include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.55 to 0.85 percent depending on loan term and down payment. Closing costs in Carpentersville usually range from 2 to 5 percent of the purchase price. These costs vary by lender and borrower situation. 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 Carpentersville?
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 Illinois and federal guidelines.
What are the FHA loan limits for Carpentersville Illinois?
For 2024 the FHA loan limit for a single family home in Kane County Illinois is $498,257. This is higher than the standard national floor because of higher local median home prices. Limits are updated annually by the Department of Housing and Urban Development.
Can I use an FHA loan for a fixer upper in Carpentersville?
Yes Illinois borrowers can use an FHA 203k loan to finance both the purchase and renovation of a home. The specialist helps coordinate the required contractor bids and ensures the work meets FHA guidelines. A minimum 3.5 percent down payment is typically required.