Compare FHA Loan Specialists in St Paul, MN
Browse fha loan specialists serving St Paul, Minnesota. 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 Minnesota before hiring.
Showing 11 fha loan specialists in St Paul, 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.
An FHA loan specialist in St Paul Minnesota helps homebuyers navigate Federal Housing Administration insured loans. These loans are popular for first time buyers and those with lower credit scores. Minnesota law requires all mortgage originators to be licensed through the Minnesota Department of Commerce, ensuring local specialists meet state standards.
What Does a FHA Loan Specialist in St Paul Cost?
Typical costs for an FHA loan specialist in St Paul include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.55 percent to 0.85 percent. Lender origination fees range from 0.5 percent to 1.0 percent of the loan. Appraisal fees in Minnesota average $500 to $700. Closing costs generally total 2 to 5 percent of the home 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 does an FHA loan specialist in St Paul do?
An FHA loan specialist guides borrowers through the FHA loan process from pre approval to closing. They help determine eligibility based on credit score debt ratios and property requirements. In Minnesota the specialist must verify that the property meets FHA minimum property standards and local building codes.
What are the FHA loan limits for St Paul Minnesota?
FHA loan limits for St Paul in 2025 are set by the Department of Housing and Urban Development. For a single family home the limit is typically around $498,257 for Ramsey County. These limits can change annually based on local median home prices.
How long does the FHA loan process take in Minnesota?
The typical FHA loan process in Minnesota takes 30 to 45 days from application to closing. Minnesota law requires a 10 day right of rescission for refinances but not for purchase loans. Delays can occur if the property needs repairs to meet FHA standards.