FHA Loan Specialists in Buford, GA
Looking for a fha loan specialist in Buford? 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 Georgia before hiring.
Showing 8 fha loan specialists in Buford, GA
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 Buford Cost?
Typical costs for FHA loan specialist services in Georgia include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.55 to 0.85 percent. Closing costs in Buford generally range from 3 to 5 percent of the purchase price. Fees vary by lender and loan size. 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 credit score is needed for an FHA loan in Buford?
FHA loans typically require a minimum credit score of 580 for a 3.5 percent down payment. Borrowers with scores between 500 and 579 may qualify with a 10 percent down payment. Georgia lenders may have overlays requiring higher scores.
Are there Georgia-specific FHA loan limits for Buford?
Yes, FHA loan limits vary by county. For Gwinnett County in 2024, the standard limit is $498,257 for a single-family home. High-cost areas may have higher limits. A specialist can confirm current limits for Buford properties.
How long does FHA loan processing take in Georgia?
FHA loan processing in Georgia typically takes 30 to 45 days from application to closing. Delays can occur if property appraisals or documentation issues arise. Georgia law requires a three-day right of rescission for refinances.