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 New Jersey before hiring.
Showing 5 fha loan specialists in Chester, NJ
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
American Federal Mortgage Corporation
360 Rte 24, Chester, NJ 07930
9739270400
Huntington Mortgage Group
32 Collis Ln #6, Chester, NJ 07930
9088798880
Chase Mortgage
444 Main St, Chester, NJ 07930
9088797700
DFJ Capital Group
31 Fairmount Ave Suite 101, Chester, NJ 07930
9736711030
Fulton Mortgage Company
425 Main St, Chester, NJ 07930
8002209034
What Does a FHA Loan Specialist in Chester Cost?
Typical costs for FHA loan specialist services in New Jersey include an origination fee of 1% to 1.5% of the loan amount, plus third-party fees for appraisal and credit report. FHA also charges an upfront mortgage insurance premium of 1.75% of the loan amount and an annual MIP of 0.55% to 0.85%. Costs vary based on loan size and lender. 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 Chester do?
An FHA loan specialist helps you apply for FHA loans, which are government-backed mortgages with lower down payment requirements. They guide you through eligibility, documentation, and closing. In New Jersey, specialists must follow state and federal lending regulations.
What are the FHA loan limits for Chester New Jersey?
For 2025, the FHA loan limit for a single-family home in Morris County, where Chester is located, is $498,257 for a standard loan. Higher limits apply for duplexes, triplexes, and four-unit properties. These limits are set annually by HUD.
Do I need a New Jersey specific license for FHA loan help?
Yes. New Jersey requires all mortgage loan originators to hold a state license through the NMLS. An FHA loan specialist in Chester must also complete annual continuing education. You can verify a specialist license on the NMLS Consumer Access website.