Find FHA Loan Specialists Near You in White Plains, MD
Browse fha loan specialists serving White Plains, Maryland. 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 Maryland before hiring.
Showing 8 fha loan specialists in White Plains, 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.
What Does a FHA Loan Specialist in White Plains Cost?
Typical costs for an FHA loan specialist in Maryland include an origination fee of 1% to 1.5% of the loan amount and a mortgage insurance premium of 1.75% upfront plus 0.55% annually. Appraisal fees in White Plains range from $400 to $700. Closing costs usually total 3% to 5% of the purchase price. 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 in White Plains do?
An FHA loan specialist helps you apply for a Federal Housing Administration insured loan. They review your credit, income, and debt to determine eligibility. They also guide you through Maryland specific requirements like the state required homeownership counseling.
How do I choose an FHA loan specialist in White Plains Maryland?
Look for a specialist licensed in Maryland with experience in FHA loans. Check their record with the Nationwide Multistate Licensing System. Ask about their knowledge of local property values in Charles County and their familiarity with FHA appraisal rules.
Are there Maryland specific rules for FHA loans?
Yes, Maryland has a state required homeownership counseling program for first time buyers using FHA loans. The counseling must be completed before loan closing. Also, Maryland law limits certain fees and requires clear disclosure of all costs.