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Find FHA Loan Specialists Near You in Columbia, IL

Browse fha loan specialists serving Columbia, Illinois. Contact information and addresses listed below.

2 agents listed
Updated May 2026
Columbia, 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 2 fha loan specialists in Columbia, 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.
Eversmeyer Mortgage Team | Fairway Independent Mortgage Corp.
603 N Main St, Columbia, IL 62236
6182218626
Aaron Eversmeyer | Eversmeyer Mortgage Team Branch Manager bit.ly/FIMCDisclosures
603 N Main St, Columbia, IL 62236
6189786498

FHA loan specialists in Columbia, Illinois help homebuyers navigate government-backed mortgages with lower down payments and flexible credit requirements. Illinois law requires all mortgage loan originators to be licensed through the Illinois Department of Financial and Professional Regulation. Working with a local specialist ensures you understand both federal FHA guidelines and any state-specific property or tax considerations for Monroe County.

What Does a FHA Loan Specialist in Columbia 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 MIP of 0.15 to 0.75 percent depending on loan terms. Lender origination fees range from 0.5 to 1.5 percent of the loan amount, and appraisal fees usually cost between $400 and $700. These costs vary based on your specific loan amount, credit profile, and property location. 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 in Columbia do?
An FHA loan specialist guides you through the application process for a Federal Housing Administration insured loan. They help you determine eligibility, gather required documents, and connect you with approved lenders in the Columbia area.
What are the FHA loan limits for Columbia Illinois?
For 2024, the FHA loan limit for a single-family home in Monroe County is typically around $498,257 for a standard loan. Limits can be higher in high-cost areas, so check with a local specialist for the exact figure.
Do I need a special license to be an FHA loan specialist in Illinois?
Yes. In Illinois, all mortgage loan originators must hold a valid license from the Illinois Department of Financial and Professional Regulation. They must also pass a background check and complete continuing education requirements.