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Looking for a fha loan specialist in Ocean City? Review the directory below to compare your options.
3 agents listed
Updated May 2026
Ocean City, 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 3 fha loan specialists in Ocean City, 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.
Michelle Watts-Macia NMLS# 207277
6200 Coastal Hwy suite 101, Ocean City, MD 21842
4109379800
Jason Cook - Mortgage Loan Officer
8008 Coastal Hwy Ste 2, Ocean City, MD 21842
4437691078
Dean Vaughan - CMG Home Loans
7805 Coastal Hwy Unit 3, Ocean City, MD 21842
4432354109
An FHA loan specialist in Ocean City Maryland helps home buyers and refinancers navigate federal mortgage insurance programs. Maryland law requires FHA loan originators to hold a state license and follow specific disclosure rules. Ocean Citys unique seasonal housing market can affect appraisal values and loan approval timelines.
What Does a FHA Loan Specialist in Ocean City Cost?
Typical costs for an FHA loan specialist in Maryland include an origination fee of 1% to 1.75% of the loan amount plus the upfront mortgage insurance premium of 1.75% of the base loan amount. Annual mortgage insurance premiums range from 0.45% to 1.05% depending on loan term and loan-to-value ratio. Appraisal fees in Ocean City usually run $500 to $700. Credit report fees are about $30 to $50 per borrower. 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 does an FHA loan specialist do in Ocean City Maryland?
An FHA loan specialist guides borrowers through the FHA loan process including pre-approval documentation and property appraisal. They ensure the loan meets HUD guidelines and Maryland state regulations for mortgage lending. Specialists also help with down payment assistance programs available in Worcester County.
Are there specific FHA loan limits for Ocean City Maryland?
Yes FHA loan limits for Ocean City follow Worcester County limits which are higher than standard limits due to local home prices. For 2025 the single-family limit is approximately $498,257. These limits are updated annually by HUD based on median home values.
What documents do I need for an FHA loan in Maryland?
You need recent pay stubs W-2 forms tax returns bank statements and a valid government ID. Maryland law also requires lenders to provide a Loan Estimate within three business days of application. Self-employed borrowers must provide two years of tax returns and a profit and loss statement.
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About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Maryland.