Compare FHA Loan Specialists in Hobart, IN
Directory of fha loan specialists in Hobart, Indiana. Verify credentials with the state state mortgage licensing authority before hiring.
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 Indiana before hiring.
Showing 3 fha loan specialists in Hobart, IN
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 Hobart Cost?
Typical costs for an FHA loan specialist in Indiana include an origination fee of 0.5 to 1.0 percent of the loan amount and an upfront mortgage insurance premium of 1.75 percent of the base loan amount. Annual mortgage insurance premiums range from 0.45 to 1.05 percent depending on loan term and loan to value ratio. Closing costs in Hobart generally total 2 to 5 percent of the purchase price. 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 Hobart Indiana in 2025?
For 2025 the FHA loan limit for a single family home in Lake County Indiana is $498,257. This limit applies to Hobart and is set by the Department of Housing and Urban Development based on median area home prices.
What credit score is needed for an FHA loan in Indiana?
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 still qualify but must put down at least 10 percent. Indiana lenders may have their own overlays above these minimums.