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Compare fha loan specialists in Ottawa. Review contact information and insurance categorys before you decide.
9 agents listed
Updated May 2026
Ottawa, 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 Ottawa, 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.
Sun Loan Company
2713 Columbus St, Ottawa, IL 61350
8154311336
Heights Finance
1128 Columbus St, Ottawa, IL 61350
8154336406
World Finance
2744 Columbus St #400, Ottawa, IL 61350
8154340382
OSB Community Bank
925 La Salle St, Ottawa, IL 61350
8154332525
The First National Bank of Ottawa a Division of American Commercial Bank & Trust
701 La Salle St, Ottawa, IL 61350
8154340044
Midland States Bank
400 E Etna Rd, Ottawa, IL 61350
8154312979
Armstrong & Associates, Inc.
1410 Aquarius Cir, Ottawa, IL 61350
8154332522
Compeer Financial
3184 IL-23, Ottawa, IL 61350
8154331780
First Federal Savings Bank
633 La Salle St, Ottawa, IL 61350
8004438780
What Does a FHA Loan Specialist in Ottawa Cost?
Typical costs for an FHA loan specialist in Ottawa, Illinois include an upfront mortgage insurance premium of 1.75% of the loan amount, which can be financed into the loan. Monthly mortgage insurance premiums range from 0.45% to 1.05% of the loan amount per year, depending on your loan term and loan-to-value ratio. Origination fees from the lender usually range from 0.5% to 1.0% of the loan amount. Appraisal fees in LaSalle County are typically $500 to $700. 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 Ottawa Illinois?
For 2024, the FHA loan limit for a single-family home in LaSalle County is $498,257. This limit applies to most standard FHA loans and is adjusted annually by HUD.
Do I need a specific down payment for an FHA loan in Illinois?
FHA loans require a minimum down payment of 3.5% if your credit score is 580 or higher. If your score is between 500 and 579, you may need a 10% down payment. Illinois does not have additional state down payment requirements beyond federal FHA rules.
How long does it take to close an FHA loan in Ottawa?
A typical FHA loan closing in Illinois takes 30 to 45 days from application to closing. Delays can occur if the property needs repairs required by the FHA appraisal or if additional documentation is needed for your income verification.
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BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
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.