Find FHA Loan Specialists Near You in Dothan, AL
Looking for a fha loan specialist in Dothan? Review the directory below to compare your options.
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
State Mortgage Licensing Authority of Alabama before hiring.
Showing 17 fha loan specialists in Dothan, AL
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
An FHA loan specialist in Dothan Alabama can guide you through the process of obtaining a government-backed mortgage. Alabama law requires all mortgage loan originators to be licensed through the Nationwide Multistate Licensing System. Local specialists understand the Dothan housing market and can help with FHA loan limits specific to Houston County.
What Does a FHA Loan Specialist in Dothan Cost?
Typical costs for an FHA loan specialist in Alabama include an origination fee of 1 to 1.5 percent of the loan amount and an upfront mortgage insurance premium of 1.75 percent of the base loan amount. Annual mortgage insurance premiums range from 0.45 to 1.05 percent depending on loan term and down payment. Appraisal fees in Dothan usually cost between $400 and $700. This is general information and 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 credit score is needed for an FHA loan in Dothan?
The minimum credit score for an FHA loan is 580 with a 3.5 percent down payment. Scores between 500 and 579 may qualify with a 10 percent down payment. Alabama does not have state-specific credit score requirements beyond federal FHA rules.
Are there FHA loan limits for Dothan Alabama?
Yes FHA loan limits vary by county. For Houston County Alabama the 2024 floor limit for a single-family home is typically around $498,257. A local specialist can confirm the exact limit for your property type.