Find FHA Loan Specialists Near You in Woburn, MA
Browse fha loan specialists serving Woburn, 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 Woburn, MA
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 Woburn Massachusetts helps home buyers and refinancers navigate FHA insured mortgages. These loans are popular in Massachusetts due to lower down payment requirements and flexible credit guidelines. Local specialists understand Massachusetts specific property conditions and the state's strict foreclosure timeline of 150 days.
What Does a FHA Loan Specialist in Woburn Cost?
Typical costs for an FHA loan specialist in Massachusetts include an origination fee of 1% to 1.5% of the loan amount and an upfront mortgage insurance premium of 1.75% of the base loan. Annual mortgage insurance premiums range from 0.45% to 1.05% depending on loan term and down payment. Third party costs like appraisal and credit report fees add 500 to 1000. This is general information 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 Woburn Massachusetts in 2025?
For 2025 the FHA loan limit for a single family home in Middlesex County including Woburn is $1,149,825. This high limit reflects the area's elevated home prices. Limits are adjusted annually by HUD based on local median home values.
Do I need a special license to be an FHA loan specialist in Massachusetts?
Yes FHA loan specialists in Massachusetts must hold a valid mortgage loan originator license through the Nationwide Multistate Licensing System. They also must complete annual continuing education on Massachusetts specific lending laws including the state's anti predatory lending regulations.