Find FHA Loan Specialists Near You in Mobile, AL
Directory of fha loan specialists in Mobile, Alabama. Verify credentials with the state state mortgage licensing authority before hiring.
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 20 fha loan specialists in Mobile, 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.
What Does a FHA Loan Specialist in Mobile Cost?
Typical costs for an FHA loan specialist in Mobile Alabama include an origination fee of 1% of the loan amount and an upfront mortgage insurance premium of 1.75% of the base loan amount. Annual mortgage insurance premiums range from 0.45% to 1.05% of the loan balance depending on the loan term and down payment. Additional costs may include appraisal fees around $500 to $700 and credit report fees of $30 to $50. Costs vary by lender and your specific financial situation. 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 does an FHA loan specialist in Mobile do?
An FHA loan specialist helps you understand FHA loan requirements, pre-qualify for a loan, and submit your application to an approved lender. They also explain local appraisal standards and help you gather necessary documents like tax returns and pay stubs.
What are the FHA loan limits for Mobile Alabama in 2025?
For 2025 the FHA loan limit for a single-family home in Mobile County is typically around $498,257 for low-cost areas. Higher limits apply for duplexes, triplexes, and fourplexes. Your specialist can confirm the exact figure based on current FHA guidelines.
Do I need a special license to be an FHA loan specialist in Alabama?
FHA loan specialists in Alabama must hold a valid mortgage loan originator license through the Nationwide Multistate Licensing System. They must also complete continuing education approved by the Alabama Banking Department each year.