Compare FHA Loan Specialists in Marrero, LA
Compare fha loan specialists in Marrero. Review contact information and insurance categorys before you decide.
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 2 fha loan specialists in Marrero, LA
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What Does a FHA Loan Specialist in Marrero 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 Marrero generally range from 2 to 5 percent of the purchase price. Lender fees, appraisal costs, and title insurance add to the total. 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 Marrero?
Most FHA lenders require a minimum credit score of 580 for a 3.5 percent down payment. Some lenders may accept scores as low as 500 with a 10 percent down payment. Louisiana law does not set a separate state credit score requirement.
Are there specific property requirements for FHA loans in Louisiana?
Yes, the property must meet HUD minimum property standards for safety and soundness. In Marrero, this includes checks for termite damage and flood zone compliance. Louisiana requires flood insurance for properties in designated flood zones.