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Find FHA Loan Specialists in Hanover, MD

Browse fha loan specialists serving Hanover, Maryland. Contact information and addresses listed below.

2 agents listed
Updated May 2026
Hanover, MD
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 Maryland before hiring.
Showing 2 fha loan specialists in Hanover, MD Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
First Heritage Mortgage, LLC - Hanover
7581 Buckingham Blvd Suite 130, Hanover, MD 21076
4109958399
Mike Carney at First Heritage Mortgage, LLC
7581 Buckingham Blvd Suite 130, Hanover, MD 21076
4107342211

What Does a FHA Loan Specialist in Hanover Cost?

Typical costs for an FHA loan in Maryland include an upfront mortgage insurance premium (UFMIP) of 1.75 percent of the loan amount and an annual mortgage insurance premium (MIP) ranging from 0.45 to 1.05 percent depending on loan terms. Lender origination fees usually range from 0.5 to 1.5 percent of the loan amount. Appraisal fees in the Hanover area are typically between $500 and $700. Closing costs generally total 2 to 5 percent of the loan amount. 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 down payment requirements for an FHA loan in Hanover?
The minimum down payment for an FHA loan is 3.5 percent of the purchase price if your credit score is 580 or higher. If your credit score is between 500 and 579 you may qualify with a 10 percent down payment. These requirements apply nationwide including Hanover Maryland.
Are there specific FHA loan limits for Hanover Maryland?
Yes FHA loan limits vary by county. For Anne Arundel County which includes Hanover the 2024 FHA loan limit for a single family home is typically around $498,257. Higher limits apply for multi unit properties. Check the HUD website for the most current limits.
Do I need to use a Maryland licensed FHA loan specialist?
Yes Maryland law requires all mortgage loan originators to hold an active license from the Maryland Department of Labor. You can verify a specialist license on the NMLS Consumer Access website. Using a licensed specialist ensures they follow state and federal lending regulations.