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Compare fha loan specialists in Summit. Review contact information and insurance categorys before you decide.
2 agents listed
Updated May 2026
Summit, 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 Summit, 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.
Brother Loan & Finance
7621 63rd St, Summit, IL 60501
8008508599
Fifth Third Mortgage - Paulina Szperlak
5640 S Harlem Ave, Summit, IL 60501
7738182940
FHA loan specialists in Summit, Illinois help homebuyers secure government-backed mortgages with lower down payments. Illinois law requires all mortgage loan originators to be licensed through the Illinois Department of Financial and Professional Regulation. A local specialist can guide you through Summit specific property requirements and FHA appraisal standards.
What Does a FHA Loan Specialist in Summit Cost?
Typical costs for an FHA loan specialist in Illinois include an origination fee of 1% to 1.5% of the loan amount. Upfront mortgage insurance premium is 1.75% of the base loan amount, and annual MIP ranges from 0.45% to 1.05% depending on loan term and loan-to-value ratio. Appraisal fees in Summit area average $500 to $700. 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 are the FHA loan limits for Summit Illinois in 2025?
For Cook County which includes Summit, the 2025 FHA loan limit for a single-family home is $498,257. This amount is set by the U.S. Department of Housing and Urban Development and may change annually.
Do I need a special license to be an FHA loan specialist in Illinois?
Yes, all mortgage loan originators in Illinois must hold a valid license from the Illinois Department of Financial and Professional Regulation under the Residential Mortgage License Act. They must also complete continuing education each year.
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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.