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 Minnesota before hiring.
Showing 7 fha loan specialists in Burnsville, MN
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
New American Funding Brian Sunder - Mortgage Consultant
14300 Nicollet Ct Ste 209, Burnsville, MN 55306
9527469779
Fairway Independent Mortgage Corporation - Andrea Rodriguez
13786 Frontier Ct #102-A, Burnsville, MN 55337
9528530222
Hudson Murphy (Luminate Bank)
14300 Nicollet Ct #300, Burnsville, MN 55306
6512762349
Cambria Mortgage
350 W Burnsville Pkwy Suite 100, Burnsville, MN 55337
9522301100
Fairway Independent Mortgage Corporation
13786 Frontier Ct # 102, Burnsville, MN 55337
9528530222
Mortgage Capital MN - Vince Hunt
12751 Co Rd 5 #186, Burnsville, MN 55337
6128251300
New American Funding - Burnsville, MN
14300 Nicollet Ct Ste 209, Burnsville, MN 55306
9522133167
What Does a FHA Loan Specialist in Burnsville Cost?
Typical costs for an FHA loan in Minnesota 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. Closing costs in Burnsville range from 2 to 5 percent of the purchase price. Lender fees vary but often include an origination fee of 1 percent. 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 Burnsville do?
An FHA loan specialist guides borrowers through the FHA loan process including pre approval application and closing. They help determine eligibility based on Minnesota income limits and property requirements. Specialists also explain FHA mortgage insurance premiums and how they apply to loans in the Burnsville area.
What are the FHA loan limits for Burnsville Minnesota in 2025?
For 2025 the FHA loan limit for a single family home in Dakota County is 498,257 dollars. This amount applies to most areas in Burnsville. Higher limits may apply for multi unit properties up to 958,350 dollars for a four unit home.
Are there Minnesota specific requirements for FHA loans?
Yes Minnesota requires a seller to complete a standard disclosure form about the propertys condition. FHA loans also require a property appraisal by a HUD approved appraiser. Minnesota law does not impose additional state level FHA restrictions beyond federal guidelines.