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 Michigan before hiring.
Showing 4 fha loan specialists in Davison, MI
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Guild Mortgage Company
324 N Main St Suite F, Davison, MI 48423
9895139385
Guild Mortgage - Lindsey Whitman
324 N Main St Suite F, Davison, MI 48423
9895139385
Hantz Financial Services, Inc. - Davison, Michigan
625 S State Rd, Davison, MI 48423
8102141786
Chase Home Lending
1121 S State Rd, Davison, MI 48423
9892390827
What Does a FHA Loan Specialist in Davison Cost?
Typical costs for FHA loan services in Michigan include an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount and an annual MIP of 0.15% to 0.75% depending on loan terms. Lender origination fees usually range from 0.5% to 1.0% of the loan amount. Appraisal fees in Davison average $500 to $700. Closing costs generally 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 Davison do?
An FHA loan specialist helps borrowers understand FHA loan requirements, pre-qualify for a mortgage, and complete the application process. They guide you through Michigan-specific steps such as property appraisals and title work required by state law.
What are the FHA loan limits for Davison Michigan?
For 2025, the FHA loan limit for a single-family home in Genesee County is $498,257. This amount is set by the Department of Housing and Urban Development and may change annually. A specialist can confirm current limits for your specific situation.
Do I need a special license to work with an FHA loan specialist in Michigan?
Yes, all mortgage loan originators in Michigan must hold a valid license from the Michigan Department of Insurance and Financial Services. You can verify a specialist license through the Nationwide Multistate Licensing System (NMLS) database.