Compare FHA Loan Specialists in Alexandria, LA
Browse fha loan specialists serving Alexandria, Louisiana. 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 Louisiana before hiring.
Showing 19 fha loan specialists in Alexandria, LA
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 Alexandria Cost?
Typical costs for an FHA loan in Louisiana include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.55 to 0.85 percent. Closing costs in Alexandria generally range from 2 to 5 percent of the purchase price. These costs vary by lender, loan size, and property location. 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 credit score do I need for an FHA loan in Alexandria Louisiana?
The minimum credit score for an FHA loan is typically 580 with a 3.5 percent down payment. Borrowers with scores between 500 and 579 may qualify with a 10 percent down payment. Local lenders in Alexandria can review your specific situation.
How long does an FHA loan approval take in Louisiana?
FHA loan approval in Louisiana usually takes 30 to 45 days from application to closing. Delays can occur if additional documentation is needed or if the property requires repairs. Your Alexandria specialist will guide you through each step.
Are there Louisiana-specific rules for FHA loans?
Louisiana follows standard FHA guidelines but also requires a home inspection for termites and other wood-destroying organisms. The state also has specific property tax and insurance requirements that your specialist will explain during the process.