FHA Loan Specialists in Glen Carbon, IL

What Does a FHA Loan Specialist in Glen Carbon Cost?

Typical costs for an FHA loan specialist in Illinois include an origination fee of 1 to 2 percent of the loan amount, plus an upfront mortgage insurance premium of 1.75 percent of the loan. Annual mortgage insurance costs about 0.55 to 0.85 percent of the loan balance. Appraisal fees range from 400 to 700 dollars. Closing costs generally total 3 to 5 percent of the loan amount. 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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