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FHA Loan Specialists in Oak Brook, IL

Directory of fha loan specialists in Oak Brook, Illinois. Verify credentials with the state mortgage licensing authority before hiring.

10 agents listed
Updated May 2026
Oak Brook, 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 10 fha loan specialists in Oak Brook, 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.
Market Place Mortgage Corp.
2625 Butterfield Rd #128N, Oak Brook, IL 60523
8887770797
Mike Scaccia Mortgage Lender
1111 W 22nd St #600, Oak Brook, IL 60523
7088229809
U.S. Mortgage Funding, Inc. NMLS# 1724878
1111 W 22nd St #280, Oak Brook, IL 60523
3124488763
Jose J Salazar Fairway Independent Mortgage Corp
1520 Kensington Rd, Oak Brook, IL 60523
7087123623
Pat Spencer, Mortgage Lender (NMLS# 1596850)
1111 W 22nd St, Oak Brook, IL 60523
7736209887
Fairway Independent Mortgage Corporation
1520 Kensington Rd #112, Oak Brook, IL 60523
7086555847
Miller Mortgage Group
1111 W 22nd St #620, Oak Brook, IL 60523
6307681298
Santiago Melo CMA®
1520 Kensington Rd #112, Oak Brook, IL 60523
6308489600
Luis Hernandez | Fairway IMC Lending Team
1520 Kensington Rd #112, Oak Brook, IL 60523
7086555847
Joe Meyers - LeaderOne Financial Corp
1111 W 22nd St #600, Oak Brook, IL 60523
7084763674

What Does a FHA Loan Specialist in Oak Brook Cost?

Typical costs for an FHA loan specialist in Illinois include an origination fee of 1% to 2% of the loan amount, plus third-party fees for appraisal (around $500 to $700), credit report ($30 to $50), and title services ($800 to $1,200). The upfront mortgage insurance premium is 1.75% of the loan amount, and annual mortgage insurance is 0.55% to 0.85% of the loan balance. Costs vary by lender and borrower circumstances. 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 Oak Brook do?
An FHA loan specialist guides you through the FHA loan process, from pre-approval to closing. They help you understand FHA requirements such as the 3.5% minimum down payment and the upfront mortgage insurance premium. In Illinois, the specialist must be a licensed mortgage loan originator under the Illinois Residential Mortgage License Act.
What are the FHA loan limits for Oak Brook Illinois?
For 2024, the FHA loan limit for a single-family home in DuPage County, including Oak Brook, is $498,257. Higher limits apply for multi-unit properties. These limits are set by the U.S. Department of Housing and Urban Development and may change annually.
How long does an FHA loan closing take in Illinois?
An FHA loan closing in Illinois typically takes 30 to 45 days from application to closing. This timeline includes the FHA appraisal, underwriting, and any required repairs. Illinois law does not impose a specific minimum closing period for FHA loans, but lenders must follow federal timelines.