Find FHA Loan Specialists in Newark, CA
Browse fha loan specialists serving Newark, California. Contact information and addresses listed below.
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 California before hiring.
Showing 8 fha loan specialists in Newark, CA
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 Newark Cost?
Typical costs for an FHA loan specialist in California include an origination fee of 1 percent of the loan amount and an upfront mortgage insurance premium of 1.75 percent of the loan. Annual mortgage insurance premiums range from 0.45 to 1.05 percent depending on loan terms and down payment. Appraisal fees in Newark average 500 to 700 dollars. 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 are the FHA loan limits for Newark California?
For 2024 the FHA loan limit for Alameda County which includes Newark is typically higher than standard limits due to high cost area designations. A specialist can confirm the exact limit for a specific property type.
Do I need a California specific license to be an FHA loan specialist?
Yes loan officers in California must hold a valid Mortgage Loan Originator license through the Nationwide Multistate Licensing System. They must also complete California specific continuing education each year.