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 12 fha loan specialists in Peru, 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.
World Finance
5301 IL-251 Ste C, Peru, IL 61354
8152232240
Community Lenders
1011 Shooting Park Rd Suite 102, Peru, IL 61354
8152231800
Midland States Bank
2825 Plaza Dr, Peru, IL 61354
8152207130
Financial Plus Credit Union
2813 Plaza Dr, Peru, IL 61354
8152236602
Eureka Savings Bank
2959 Peoria St, Peru, IL 61354
8152239400
OneMain Financial
3935 Frontage Rd, Peru, IL 61354
8152242631
Peru Federal Savings Bank
1730 4th St, Peru, IL 61354
8152234300
Edward Jones - Financial Advisor: Kathy L Pullam, ChFC®|AAMS®
3030 4th St Suite A, Peru, IL 61354
8157801307
Citizens Financial Advisors
925 Shooting Park Rd, Peru, IL 61354
8152237538
Benjamin F. Edwards
1701 4th St #101, Peru, IL 61354
8152200588
First Federal Savings Bank
1600 38th St, Peru, IL 61354
8152243100
Edward Jones - Financial Advisor: Brian D Sellett
1105 Peoria St, Peru, IL 61354
8156654442
What Does a FHA Loan Specialist in Peru Cost?
Typical costs for an FHA loan 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. Closing costs in Peru range from 2 to 5 percent of the purchase price, including lender fees, appraisal fees, and title insurance. These costs vary by loan amount and lender. 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 Peru Illinois?
An FHA loan specialist helps borrowers understand FHA loan requirements, pre-qualify for a mortgage, and submit a complete application. They also explain Illinois-specific rules such as property condition standards and local appraisal guidelines.
What are the credit score requirements for an FHA loan in Illinois?
FHA loans typically require a minimum credit score of 580 for a 3.5 percent down payment. Borrowers with scores between 500 and 579 may still qualify but must put down at least 10 percent. Illinois does not have state-specific credit score rules beyond federal FHA guidelines.
How long does the FHA loan process take in Peru Illinois?
The FHA loan process in Illinois usually takes 30 to 45 days from application to closing. This timeline includes appraisal, underwriting, and final approval. Delays can occur if property condition issues or documentation problems arise.