Shabbona, IL FHA Home Loans
FHA home loans continue to be a popular mortgage choice for Shabbona home buyers and those looking to refinance. In fact the FHA has been helping people own homes in cities like Shabbona since 1934. Simplified 2025 guidelines include easier qualifications with low down payments. Even better Shabbona consumers can keep their down payment in the bank with the help of the Shabbona FHA home buyer grant. Credit scores will play a major factor in determining if and what FHA program will be available to you. Shabbona FHA quotes are always free, get started by calling (888)416-0920. FHA experts are standing by near Shabbona, IL and ready to help. Connect with a licensed home FHA specialist, ask questions and find out if you qualify.
- 560 FICO – 10% Down
- 580 FICO – 3.5% Down – Call to Check Grant Eligibility
- 620 FICO – Eligible for Forgivable Grant for Down Payment or 3.5% Down.
- Gift funds can be used on FHA transactions if needed.
Mortgage Brokers offer Lower FHA Rates and Costs
When it comes to Shabbona, IL FHA loans, Mortgage Brokers have more options. Regardless of what a consumer thinks, Shabbona Mortgage Brokers offer a wholesale rate and lower costs. Going directly to the bank or a mortgage lender is not a better option. If you are in doubt, it is always a good idea to get a couple of quotes and compare them. If you still don’t understand the difference between Shabbona FHA wholesale and retail mortgage rates call (888)416-0920. A Shabbona, IL Mortgage Broker will be able to offer you more programs. Banks and Lenders have set mortgage guidelines including set credit score limits. Mortgage Brokers in Shabbona can work with all types of credit scores.
Working with Top Rated FHA Specialists
The Shabbona FHA Mortgage team is celebrating its 28th year in business. Our experience allows for consumer mortgage confidence especially with our FHA wholesale rate option. We navigate consumers through the mortgage process, explain options and find what choice works best for you. We specialize in more than just refinancing mortgage loans. Check out consumer first time homebuyer programs, USDA home loans, VA home loans and our customer reviews.
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FHA Home Loan in Shabbona, IL
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FHA Benefits in Shabbona, IL
- Lower Rates
- Lower Payments
- Fixed Payments
- Easier Qualifications
- FHA Grants for Down Payment
- Gift Funds Allowed
Find your FHA Mortgage near Shabbona, IL (888)416-0920.
Shabbona (or Sha-bon-na), also known as Shabonee[1] and Shaubena,[2] (c. 1775–1859) was an Ottawa tribe member who became a chief within the Potawatomi tribe in Illinois during the 19th century.
Shabbona (from either the Ottawa Zhaabne or the Potawatomi Zhabné meaning “indomitable” or “hardy” in both languages, but was recorded to mean “built strong like a bear” or “built like a bear”) was born around 1775 of the Odawa (Ottawa) tribe either on the Maumee River in Ohio, in Ontario or in a Native American village in Illinois.[1][3][4] Shabbona’s own biography places his birth on the Kankakee River; “Shaubena, according to his statement, was born in the year 1775 or 1776, at an Indian village on the Kankakee River, now in Will county.”[2] This may be reflective of Will County today or in Kankakee County of today, but Will county was reduced in size in 1853, several years before “Memories of Shabbona” was published.