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Compare fha loan specialists in Mahomet. Review contact information and insurance categorys before you decide.
9 agents listed
Updated May 2026
Mahomet, 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 9 fha loan specialists in Mahomet, 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.
Flat Branch Home Loans
203 E Oak St Suite 2, Mahomet, IL 61853
2178631926
Kolby Jackson - COUNTRY Financial Representative
408 E Oak St, Mahomet, IL 61853
2175865030
First State Bank Of Forrest
1004 Purnell Dr, Mahomet, IL 61853
2175901010
First Mid Bank & Trust
502 E Oak St, Mahomet, IL 61853
2173183750
Unlimited Homes
719 Cates Dr, Mahomet, IL 61853
2178971000
“LUXURY HOME TEAM” Brad & Prudence Blumenshine
405 E Main St, Mahomet, IL 61853
2178404381
Farm Credit Illinois
1100 Farm Credit Dr, Mahomet, IL 61853
2175902222
Northwestern Mutual
408 S Division St, Mahomet, IL 61853
2175866651
Edward Jones - Financial Advisor: Jared M Lyons
1002 Churchill Rd Suite 3, Mahomet, IL 61853
2175867085
An FHA loan specialist in Mahomet, Illinois helps homebuyers secure government-backed mortgages with lower down payments and flexible credit requirements. Illinois law requires FHA loans to meet specific property standards and borrower eligibility rules set by the U.S. Department of Housing and Urban Development. Mahomet residents often use FHA loans for single-family homes in Champaign County, where median home values are around $250,000.
What Does a FHA Loan Specialist in Mahomet Cost?
Typical costs for an FHA loan specialist in Illinois include an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount, plus an annual mortgage insurance premium (MIP) of 0.55% to 0.85% depending on loan term and down payment. Closing costs in Mahomet usually range from 2% to 5% of the purchase price, including appraisal fees of $400 to $700 and title insurance of $1,000 to $2,000. 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 the FHA loan limits for Mahomet, Illinois?
For 2025, the FHA loan limit for Champaign County, which includes Mahomet, is $498,257 for a single-family home. This limit applies to all FHA loans in the area and adjusts annually based on local median home prices.
What credit score is needed for an FHA loan in Illinois?
FHA loans generally require a minimum credit score of 580 for a 3.5% down payment. Borrowers with scores between 500 and 579 may qualify with a 10% down payment. Illinois lenders may have overlays that require higher scores.
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About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Illinois.