Waukegan, IL FHA Home Loans
FHA home loans continue to be a popular mortgage choice for Waukegan home buyers and those looking to refinance. In fact the FHA has been helping people own homes in cities like Waukegan since 1934. Simplified 2025 guidelines include easier qualifications with low down payments. Even better Waukegan consumers can keep their down payment in the bank with the help of the Waukegan FHA home buyer grant. Credit scores will play a major factor in determining if and what FHA program will be available to you. Waukegan FHA quotes are always free, get started by calling (888)416-0920. FHA experts are standing by near Waukegan, 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 Waukegan, IL FHA loans, Mortgage Brokers have more options. Regardless of what a consumer thinks, Waukegan 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 Waukegan FHA wholesale and retail mortgage rates call (888)416-0920. A Waukegan, 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 Waukegan can work with all types of credit scores.
Working with Top Rated FHA Specialists
The Waukegan 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.
Get on the Path to Refinancing. We got your Back!
FHA Home Loan in Waukegan, IL
Get Pre-Qualified Now
FHA Benefits in Waukegan, IL
- Lower Rates
- Lower Payments
- Fixed Payments
- Easier Qualifications
- FHA Grants for Down Payment
- Gift Funds Allowed
Find your FHA Mortgage near Waukegan, IL (888)416-0920.
Waukegan /wɔːˈkiːɡən/ is the largest city in and the county seat of Lake County, Illinois, United States, a part of the Chicago metropolitan area. The city is located 35 miles north of the Loop and 10 miles south of the Wisconsin state border, approximately halfway between Chicago and Milwaukee. As of the 2013 United States Census estimate, the city had a population of 88,826,[3] which makes it the ninth most populous city in Illinois. Waukegan is a predominately working-class community with a size-able middle-class population.
The site of present-day Waukegan was recorded as Rivière du Vieux Fort (“Old Fort River”) and Wakaygagh on a 1778 map by Thomas Hutchins. By the 1820s, the French name had become “Small Fort River” in English, and the settlement was known as “Little Fort”. The name “Waukegance” and then “Waukegan” (meaning “little fort”; cf. Potawatomi wakaigin “fort” or “fortress”) was created by John H. Kinzie and Solomon Juneau, and the new name was adopted on March 31, 1849.[7][8]