Compare FHA Loan Specialists in Terre Haute, IN
Browse fha loan specialists serving Terre Haute, Indiana. Contact information and addresses listed below.
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 20 fha loan specialists in Terre Haute, 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.
An FHA loan specialist in Terre Haute Indiana can help you navigate the Federal Housing Administration loan process. Indiana law requires mortgage loan originators to be licensed through the Nationwide Multistate Licensing System. Local specialists understand the Terre Haute real estate market and can guide you through property eligibility and down payment assistance options.
What Does a FHA Loan Specialist in Terre Haute Cost?
Typical costs for an FHA loan in Indiana include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.55 percent to 0.85 percent depending on loan term and down payment. Closing costs in Terre Haute generally range from 2 to 5 percent of the purchase price. Lender fees may vary between 500 and 1500 dollars. 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 are the FHA loan requirements in Terre Haute Indiana?
FHA loans require a minimum 3.5 percent down payment for borrowers with a credit score of 580 or higher. The property must meet FHA appraisal standards and be your primary residence. Indiana does not have state specific FHA rules but local housing market conditions may affect property eligibility.
How do I find a licensed FHA loan specialist in Terre Haute?
You can verify a loan specialist license through the Nationwide Multistate Licensing System website. Many local banks credit unions and mortgage companies in Terre Haute employ FHA approved specialists. Ask for their NMLS number to confirm their license status.
What is the FHA loan limit for Vigo County Indiana in 2025?
For 2025 the FHA loan limit for a single family home in Vigo County is typically around the standard floor limit which is approximately $498,257. Higher limits may apply for multi unit properties. Check the HUD website for the most current figures.