Compare FHA Loan Specialists in Shepherdsville, KY
Directory of fha loan specialists in Shepherdsville, Kentucky. 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 Kentucky before hiring.
Showing 5 fha loan specialists in Shepherdsville, KY
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An FHA loan specialist in Shepherdsville Kentucky can help you secure a mortgage insured by the Federal Housing Administration. These loans are popular for first-time homebuyers and those with lower credit scores. Kentucky law requires all mortgage loan originators to be licensed through the Kentucky Department of Financial Institutions ensuring you work with a qualified professional.
What Does a FHA Loan Specialist in Shepherdsville Cost?
Typical costs for an FHA loan in Kentucky include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.45 to 1.05 percent depending on loan term and down payment. Closing costs in Shepherdsville generally range from 2 to 5 percent of the purchase price. These costs vary by lender and loan size. 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 minimum credit score requirements for an FHA loan in Shepherdsville?
The standard minimum credit score for an FHA loan is 580 with a 3.5 percent down payment. If your score is between 500 and 579 you may still qualify but you will need a 10 percent down payment. Lenders in Shepherdsville may have their own overlays so check with a specialist.
Are there specific property requirements for FHA loans in Kentucky?
Yes the property must meet FHA minimum property standards and be your primary residence. An FHA-approved appraiser will inspect the home for safety soundness and structural integrity. This applies to all Kentucky counties including Bullitt County.
How long does the FHA loan process take in Shepherdsville?
The typical timeline from application to closing is 30 to 45 days. Delays can occur if the appraisal or underwriting requires additional documentation. Kentucky law does not set a specific time limit but lenders must provide a Loan Estimate within three business days of your application.