Compare FHA Loan Specialists in Peabody, MA
Browse fha loan specialists serving Peabody, Massachusetts. 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 Massachusetts before hiring.
Showing 8 fha loan specialists in Peabody, MA
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FHA loan specialists in Peabody Massachusetts help homebuyers secure government-backed mortgages with lower down payments. Massachusetts law requires all mortgage originators to be licensed through the Division of Banks. Peabody residents often use FHA loans for single-family homes and condos in Essex County.
What Does a FHA Loan Specialist in Peabody Cost?
FHA loan specialist fees in Massachusetts typically range from 1 to 2 percent of the loan amount. Closing costs for a Peabody home loan may total 3000 to 8000 dollars depending on property value and lender fees. The upfront mortgage insurance premium is 1.75 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 is an FHA loan specialist in Peabody?
An FHA loan specialist is a licensed mortgage professional who guides borrowers through the FHA loan process. They help with credit requirements, down payment assistance, and property eligibility for homes in Peabody.
What are the FHA loan limits for Peabody Massachusetts?
For 2025 the FHA loan limit for a single-family home in Essex County is $498,257. Higher limits apply for duplexes and larger properties. These limits are set by the Department of Housing and Urban Development.