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FHA Mortgage Rates in Illinois

Updated: November 20, 2018

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Displaying rates for Mortgage Refinance in IL for $200,000

4.500%

APR
30 Year Fixed
4.500% Rate $1,014/mo
  • No SSN Required! Lowest Rate & Fee Combo 24 Hour Approvals!

4.779%

APR
30 Year Fixed
4.750% Rate $1,044/mo
  • Excellent Service, Great Rates and Convenience

4.753%

APR
30 Year Fixed
4.625% Rate $1,029/mo
  • Updated November 20, 2018
  • Save when you borrow from PenFed!

5.029%

APR
30 Year Fixed
5.000% Rate $1,074/mo
  • Updated November 20, 2018
  • Close fast with very low rates! Our overhead is low and we pass the savings on to you!
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5.301%

APR
30 Year Fixed
5.250% Rate $1,105/mo
  • Updated November 20, 2018
  • Refinance to a get a lower payment, cash back or a faster payoff.
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.

5.375%

APR
30 Year Fixed
5.375% Rate $1,120/mo
  • Updated November 20, 2018
  • Refinance Your Home With Little to No Equity
  • 100% Online Lender - Fast and Easy Process
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PRODUCTS RATES +/-
30 Year Fixed 5.03%
15 Year Fixed 3.99%
5/1 ARM 4.13%
Tuesday, November 20, 2018

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Mortgage rates for Illinois go down to 5.03%

Tuesday, November 20, 2018

Mortgage rates for Illinois on Lender411 for 30-year fixed-rate mortgages are at 5.03%. That dropped from 5.06% to 5.03%. The 15-year fixed rates are now at 3.99%. The 5/1 ARM mortgage for Illinois is now at 4.13%.

FHA Mortgage Rates & Loan Limits in Illinois

An FHA mortgage loan is a home loan insured by the Federal Housing Administration, acquired through FHA-approved lenders. When buying a home in Illinois, FHA loans can provide you with the funds you need with minimal qualification.

Originally created to make home loans more accessible, FHA mortgages have low credit requirements, low down payment options, and some of the best mortgage rates available. Loan limits for FHA mortgages are determined by local housing prices and differ by county in Illinois. When deciding on a mortgage, remember to practice patience and persistence. Always set aside time to compare rates and lenders, rather than accepting the first offer presented. For more information, check out our main page on FHA mortgage rates.

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