FHA Loan Specialists in Swartz Creek, MI
Directory of fha loan specialists in Swartz Creek, Michigan. Verify credentials with the state state mortgage licensing authority before hiring.
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 Michigan before hiring.
Showing 3 fha loan specialists in Swartz Creek, 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.
What Does a FHA Loan Specialist in Swartz Creek Cost?
Typical costs for FHA loan services in Michigan include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.55 to 0.85 percent. Lender fees range from 1,000 to 3,000 dollars depending on the loan size and complexity. Closing costs generally total 2 to 5 percent of the purchase price. 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 Swartz Creek Michigan?
For 2025 the FHA loan limit for a single family home in Genesee County is $498,257. This amount may change annually based on the Federal Housing Administration guidelines.
Do I need a specific credit score for an FHA loan in Michigan?
The minimum credit score for an FHA loan is typically 580 with a 3.5 percent down payment. Borrowers with scores between 500 and 579 may qualify with a 10 percent down payment. Michigan lenders may have additional requirements.
What Michigan specific rules apply to FHA loans?
Michigan requires all FHA loans to include a home inspection by a licensed inspector. The state also has specific foreclosure timelines that can affect FHA loan eligibility if you have a prior foreclosure.