FHA Loans in Illinois. FHA loans let Illinois buyers purchase with 3.5% down and a credit score as low as 580. FHA loans pair well with Illinois down payment assistance, which can cover most or all of that 3.5%. Mortgage insurance is required for the life of the loan in most cases, and buyers often refinance to conventional once they reach 20% equity. Jorge Flores at Neighborhood Loans, NMLS #224368, originates this product across Illinois: (708) 220-3364.
Jorge A. Flores, Senior Mortgage Loan Officer, NMLS #224368. Neighborhood Loans, NMLS #222982. Berwyn, Illinois. Telephone (708) 220-3364. Service available in English and Spanish.
Down payment assistance programs · Loan options · Check your eligibility · Español
Equal Housing Lender. Neighborhood Loans is an Illinois Residential Mortgage Licensee. This is not a commitment to lend. All loans subject to credit approval; program terms, amounts and availability are subject to change.