An FHA loan specialist in Marietta, Georgia helps homebuyers navigate Federal Housing Administration loans, which are popular for first-time buyers and those with lower credit scores. In Georgia, FHA loans require a minimum 3.5 percent down payment and an upfront mortgage insurance premium of 1.75 percent of the loan amount. Local specialists understand Cobb County property values and Georgia specific closing procedures, including the requirement for a licensed attorney to handle the real estate closing.
What Does a FHA Loan Specialist in Marietta Cost?
Typical costs for an FHA loan specialist in Georgia include an origination fee of 1 to 2 percent of the loan amount, plus third party costs for appraisal (around $500 to $700), credit report ($30 to $50), and title services ($400 to $800). The upfront mortgage insurance premium is 1.75 percent of the loan amount, and annual mortgage insurance premiums range from 0.45 to 1.05 percent of the loan balance. Costs 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.
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FHA Loan Specialists in Other Georgia Cities
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