FHA Loan Specialists in La Grange, KY
Looking for a fha loan specialist in La Grange? 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 Kentucky before hiring.
Showing 2 fha loan specialists in La Grange, KY
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 La Grange Cost?
Typical costs for an FHA loan specialist in Kentucky include an origination fee of 1 percent of the loan amount, an upfront mortgage insurance premium of 1.75 percent of the base loan amount, and an annual mortgage insurance premium of 0.55 percent to 0.85 percent. Appraisal fees in La Grange generally range from $500 to $700. Closing costs typically total 3 to 5 percent of the purchase price. 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 limits for La Grange, Kentucky in 2024?
For 2024, the FHA loan limit for a single-family home in Oldham County is $498,257. This limit applies to most areas in Kentucky and is set by the U.S. Department of Housing and Urban Development. Higher limits may apply for duplexes and multi-unit properties.
What credit score is needed for an FHA loan in Kentucky?
The minimum credit score for an FHA loan is typically 580 with a 3.5 percent down payment. Borrowers with a credit score between 500 and 579 may still qualify but must make a 10 percent down payment. Kentucky lenders may have their own overlays that require a higher minimum score.