Find FHA Loan Specialists Near You in Holmdel, NJ
Browse fha loan specialists serving Holmdel, New Jersey. 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 New Jersey before hiring.
Showing 9 fha loan specialists in Holmdel, 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.
What Does a FHA Loan Specialist in Holmdel Cost?
Typical costs for an FHA loan specialist in New Jersey include an upfront mortgage insurance premium of 1.75 percent of the loan amount, which can be financed into the loan. Annual mortgage insurance premiums range from 0.45 to 1.05 percent of the loan balance depending on loan term and down payment. Lender origination fees usually fall between 0.5 and 1.5 percent of the loan amount, and appraisal fees in Holmdel average 500 to 700 dollars. Closing costs in New Jersey typically 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 are the FHA loan limits for Holmdel New Jersey?
For 2025, the FHA loan limit for a single family home in Monmouth County is $1,149,825. This high limit reflects the area median home prices. Borrowers should confirm current limits with their specialist as they can change annually.
What credit score is needed for an FHA loan in New Jersey?
Most FHA loans require a minimum credit score of 580 for a 3.5 percent down payment. If your score is between 500 and 579, you may still qualify with a 10 percent down payment. New Jersey does not have additional state credit score rules beyond federal FHA guidelines.
Are there New Jersey specific requirements for FHA loans?
New Jersey requires lenders to provide a standardized mortgage commitment letter and a good faith estimate of closing costs. FHA loans in New Jersey also require a property appraisal by an FHA approved appraiser. The state does not impose extra FHA fees beyond federal requirements.