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 3 fha loan specialists in Washington, 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.
Martin Financial Services
100 S Main St, Washington, IL 61571
3094449696
PNC Mortgage
1996 Freedom Pkwy, Washington, IL 61571
3097451427
Flat Branch Home Loans
100 N Main St, Washington, IL 61571
3098663073
What Does a FHA Loan Specialist in Washington 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 mortgage insurance premiums range from 0.45% to 1.05% depending on loan term and down payment. Closing costs generally range from 2% to 5% of the purchase price. 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 is an FHA loan specialist in Washington Illinois?
An FHA loan specialist is a licensed mortgage professional who guides borrowers through the FHA loan process. They help with credit requirements, down payment assistance programs, and property eligibility for homes in Washington and surrounding areas.
What are the FHA loan limits for Washington Illinois?
For 2024, the FHA loan limit for a single-family home in Tazewell County is $498,257. This limit is set by the U.S. Department of Housing and Urban Development and applies to standard FHA loans in the area.