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 9 fha loan specialists in Ocean City, 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.
Brass Financial Group
1145 Asbury Ave unit a, Ocean City, NJ 08226
6098003863
Suzanne Bryce at Rate (NMLS #91143)
1205 West Ave # A, Ocean City, NJ 08226
6092944433
Longbridge Financial, LLC - John Walters - Reverse Mortgages
1501 Pleasure Ave, Ocean City, NJ 08226
5512525773
Guaranteed Rate
301 E 10th St 1st Floor, Ocean City, NJ 08226
6093915206
Jeffrey Bellak - Mortgage Loan Officer
101 E 9th St, Ocean City, NJ 08226
6108121079
Best Home Loans & Realty
801 Asbury Ave, Ocean City, NJ 08226
6406502221
Michael Jamison-U.S. Bank Mortgage
16 E 9th St, Ocean City, NJ 08226
7324761294
Joe Jackson-U.S. Bank Mortgage
16 E 9th St, Ocean City, NJ 08226
7324761293
Waterstone Mortgage Corporation
903 Bay Ave Suite 208, Ocean City, NJ 08226
4012405468
What Does a FHA Loan Specialist in Ocean City Cost?
Typical costs for an FHA loan specialist in New Jersey include an origination fee of 1 percent of the loan amount and an upfront mortgage insurance premium of 1.75 percent of the loan amount. Annual mortgage insurance premiums range from 0.45 percent to 1.05 percent depending on loan term and down payment. Additional costs may include appraisal fees around 500 dollars and credit report fees around 40 dollars. 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 do in Ocean City?
An FHA loan specialist guides borrowers through the FHA loan process including pre approval application and closing. They help determine eligibility based on New Jersey income limits and property requirements. Specialists also ensure the loan meets FHA and state regulations.
What are the FHA loan limits for Ocean City New Jersey?
For 2024 the FHA loan limit for a single family home in Cape May County is 498257 dollars. Limits vary by county and property type. A specialist can confirm the current limit for your specific situation.
Do I need a special license to be an FHA loan specialist in New Jersey?
Yes all mortgage loan originators in New Jersey must hold a valid license from the New Jersey Department of Banking and Insurance. This includes completing pre licensing education passing a background check and passing the SAFE Mortgage Loan Originator Test.