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 5 fha loan specialists in Grosse Pointe, 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.
Mutual of Omaha Mortgage
17108 Mack Ave Suite 201, Grosse Pointe, MI 48230
8885243452
Tony Gatliff
17108 Mack Ave Suite 201, Grosse Pointe, MI 48230
3132055609
Chase Home Lending
685 St Clair Ave, Grosse Pointe, MI 48230
3133329835
James Ferguson - Chase Home Lending Advisor - NMLS ID 1428909
685 St Clair Ave, Grosse Pointe, MI 48230
3133329835
Paul Zbair at Mutual of Omaha Mortgage
17108 Mack Ave Suite 201, Grosse Pointe, MI 48230
2484695078
What Does a FHA Loan Specialist in Grosse Pointe Cost?
Typical costs for an FHA loan specialist in Michigan include an origination fee of 1 percent of the loan amount and an upfront mortgage insurance premium of 1.75 percent of the base loan amount. Annual mortgage insurance premiums range from 0.45 percent to 1.05 percent of the loan balance. Closing costs in Grosse Pointe usually total 2 to 5 percent 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 do in Grosse Pointe?
An FHA loan specialist guides you through the FHA loan process, from pre approval to closing. They help you understand Michigan specific property requirements and FHA appraisal standards. They also verify your income, credit, and debt to ensure you meet FHA guidelines.
What are the FHA loan limits for Grosse Pointe Michigan?
For 2025, the FHA loan limit for a single family home in Wayne County including Grosse Pointe is $498,257. This limit is set by HUD and may change each year. Higher limits apply for duplexes, triplexes, and fourplex properties.
Do FHA loans require a Michigan specific inspection?
FHA loans require an appraisal by a HUD approved appraiser, not a full home inspection. The appraiser checks for safety, security, and soundness of the property. Michigan law does not add extra inspection requirements beyond FHA standards.