An FHA loan specialist in Atlanta Georgia can guide you through the process of obtaining a mortgage insured by the Federal Housing Administration. These loans are popular with first time buyers and those with lower credit scores. Georgia law requires all mortgage loan originators to be licensed through the Georgia Department of Banking and Finance.
What Does a FHA Loan Specialist in Atlanta Cost?
Typical costs for an FHA loan specialist in Atlanta include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.45 to 1.05 percent. Closing costs generally range from 2 to 5 percent of the purchase price, including appraisal fees of around 500 dollars and credit report fees of 30 to 50 dollars. These costs vary by lender and loan size. 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
FHA Loan Specialists in Other Georgia Cities
Acworth · Albany · Alpharetta · Athens · Augusta · Austell · Bethlehem · Bonaire · Braselton · Brunswick · Buford · Canton · Carrollton · Cartersville · Columbus