Find FHA Loan Specialists in Lake Wales, FL
Compare fha loan specialists in Lake Wales. Review contact information and insurance categorys before you decide.
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 Florida before hiring.
Showing 5 fha loan specialists in Lake Wales, FL
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 Lake Wales Cost?
Typical costs for FHA loan specialist services in Florida include an origination fee of 1% to 1.5% of the loan amount, plus third-party fees for appraisal (usually $400 to $700) and credit report ($30 to $50). The upfront mortgage insurance premium (UFMIP) is 1.75% of the loan amount, and annual mortgage insurance premiums (MIP) range from 0.45% to 1.05%. These costs vary by lender and borrower profile. This is general information, 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 Lake Wales do?
An FHA loan specialist guides borrowers through the FHA loan process, including pre-approval, documentation, and closing. They ensure the loan meets FHA guidelines and Florida specific property requirements.
What are the FHA loan limits for Lake Wales Florida?
For 2025, the standard FHA loan limit for a single-family home in Polk County is $498,257. Higher limits apply for multi-unit properties. These limits are set by the U.S. Department of Housing and Urban Development (HUD) and can change annually.
Are there Florida specific requirements for FHA loans?
Yes. Florida requires a valid flood insurance policy for properties in designated flood zones. Also, all FHA loans in Florida must comply with state homestead exemption rules and property tax proration laws at closing.