Compare FHA Loan Specialists in The Villages, FL
Looking for a fha loan specialist in The Villages? 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 Florida before hiring.
Showing 3 fha loan specialists in The Villages, 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 The Villages Cost?
Typical costs for an FHA loan in Florida include an upfront mortgage insurance premium of 1.75 percent of the loan amount, plus an annual mortgage insurance premium between 0.55 and 0.85 percent. Closing costs in The Villages area generally range from 2 to 5 percent of the purchase price. Lender fees and appraisal costs vary by provider. 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 The Villages Florida?
For 2024, the FHA loan limit for a single family home in Sumter County, which includes The Villages, is $498,257. This limit applies to most areas and is set by the Federal Housing Administration.
What credit score is needed for an FHA loan in Florida?
You can qualify for an FHA loan with a credit score as low as 580 with a 3.5 percent down payment. If your score is between 500 and 579, you may still qualify but will need a 10 percent down payment.
Are there Florida specific requirements for FHA loans?
Florida requires a 30 day waiting period after a short sale or foreclosure before you can apply for a new FHA loan. Also, Florida has specific property insurance requirements including windstorm coverage in many areas.