Compare FHA Loan Specialists in Auburn, ME
Directory of fha loan specialists in Auburn, Maine. 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 Maine before hiring.
Showing 14 fha loan specialists in Auburn, ME
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 Auburn Maine can guide you through the process of obtaining a government-backed mortgage. Maine law requires all mortgage loan originators to be licensed through the Nationwide Multistate Licensing System. Local specialists understand the unique housing market in Androscoggin County and can help you meet FHA minimum property standards for homes in the area.
What Does a FHA Loan Specialist in Auburn Cost?
Typical costs for an FHA loan specialist in Maine include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual mortgage insurance premium of 0.55 to 0.85 percent. Closing costs in Auburn generally range from 2 to 5 percent of the purchase price. Your specialist may charge an origination fee of 1 percent of the loan amount. These costs vary by lender and loan type. 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 FHA loan limits for Auburn Maine?
For 2025 the FHA loan limit for a single-family home in Androscoggin County is $498,257. This limit applies to most standard FHA loans and may be higher for duplexes or larger properties. Check with your specialist for the exact amount based on your situation.
Do I need a specific down payment for an FHA loan in Maine?
FHA loans require a minimum down payment of 3.5 percent of the purchase price if your credit score is 580 or higher. If your score is between 500 and 579 you may need a 10 percent down payment. Maine Housing also offers down payment assistance programs that can be combined with FHA loans.
What property conditions are required for FHA loans in Auburn?
The home must meet FHA minimum property standards for safety security and soundness. This includes a working heating system safe electrical wiring and no lead paint hazards. In Maine older homes built before 1978 must pass a lead-based paint inspection as part of the FHA appraisal process.