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Find FHA Loan Specialists in Schererville, IN

Looking for a fha loan specialist in Schererville? Review the directory below to compare your options.

6 agents listed
Updated May 2026
Schererville, IN
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 Indiana before hiring.
Showing 6 fha loan specialists in Schererville, IN Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
American Portfolio Mortgage Corporation
833 W Lincoln Hwy #305W, Schererville, IN 46375
2192159059
Gerry Zagone Schererville, IN - Mortgage Loan Officer
833 W Lincoln Hwy Ste 105W, Schererville, IN 46375
2198959288
The Mortgage Exchange - Schererville
21 E U.S. Hwy 30, Schererville, IN 46375
8884357070
Sonia Stedt
833 W Lincoln Hwy #305W, Schererville, IN 46375
9259891401
Calumet Capital
833 W Lincoln Hwy, Schererville, IN 46375
2199232359
Everett Snee, Mortgage Banker
21 E U.S. Hwy 30, Schererville, IN 46375
3129310221

An FHA loan specialist in Schererville, Indiana helps homebuyers navigate the Federal Housing Administration loan process. Indiana law requires all mortgage loan originators to be licensed through the Indiana Department of Financial Institutions. These specialists can guide you through FHA requirements, including the mandatory upfront mortgage insurance premium and annual premium payments specific to Indiana properties.

What Does a FHA Loan Specialist in Schererville Cost?

Typical costs for an FHA loan specialist in Indiana include an origination fee of 1 to 2 percent of the loan amount. The upfront mortgage insurance premium is 1.75 percent of the base loan amount, and annual mortgage insurance premiums range from 0.45 to 1.05 percent depending on loan term and loan-to-value ratio. Closing costs in Schererville generally total 2 to 5 percent 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 are the FHA loan limits for Schererville, Indiana?
For 2024, FHA loan limits in Lake County, which includes Schererville, are set at a standard floor of $498,257 for a single-family home. Higher limits may apply in certain high-cost areas. These limits are updated annually by the Department of Housing and Urban Development.
What credit score is needed for an FHA loan in Indiana?
FHA loans in Indiana 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 make a 10 percent down payment. Individual lenders may set higher requirements.
Are there Indiana-specific FHA loan requirements?
Indiana does not have state-specific FHA loan laws, but all FHA loans must comply with federal guidelines. Indiana requires a property appraisal by an FHA-approved appraiser. Additionally, Indiana law mandates that all mortgage loan originators hold a valid license from the Indiana Department of Financial Institutions.