Compare FHA Loan Specialists in Oakland Park, FL
Compare fha loan specialists in Oakland Park. 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 3 fha loan specialists in Oakland Park, FL
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An FHA loan specialist in Oakland Park, Florida can help you navigate the process of obtaining a mortgage insured by the Federal Housing Administration. Florida law requires all mortgage loan originators to be licensed through the Florida Office of Financial Regulation. These specialists understand local property values and can guide you through FHA requirements for homes in Broward County.
What Does a FHA Loan Specialist in Oakland Park Cost?
FHA loan costs in Florida include an upfront mortgage insurance premium of 1.75 percent of the loan amount, which can be financed into the loan. Annual mortgage insurance premiums range from 0.45 percent to 1.05 percent depending on loan term and down payment. Closing costs typically range from 2 to 5 percent of the purchase price, including appraisal fees of $400 to $700 and title insurance. 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 requirements in Florida?
FHA loans in Florida require a minimum down payment of 3.5 percent for borrowers with a credit score of 580 or higher. Borrowers must also pay an upfront mortgage insurance premium of 1.75 percent and annual mortgage insurance premiums. The property must meet FHA appraisal standards and be your primary residence.
How do I find an FHA loan specialist in Oakland Park?
You can search the Nationwide Mortgage Licensing System (NMLS) database to verify a specialist license in Florida. Many local banks and mortgage companies in Oakland Park employ FHA-approved loan officers. Check with the Florida Office of Financial Regulation for any complaints or disciplinary actions.
What documents do I need for an FHA loan in Florida?
Typical documents include two years of tax returns, recent pay stubs, bank statements, and government-issued ID. Florida law also requires proof of flood insurance if the property is in a flood zone. Your specialist will provide a complete list based on your specific situation.