Find FHA Loan Specialists Near You in Trenton, NJ
Compare fha loan specialists in Trenton. Review contact information and insurance categorys before you decide.
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 7 fha loan specialists in Trenton, NJ
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What Does a FHA Loan Specialist in Trenton Cost?
Typical costs for an FHA loan specialist in New Jersey include an origination fee of 1 to 2 percent of the loan amount and an upfront mortgage insurance premium of 1.75 percent of the loan. Annual mortgage insurance premiums range from 0.45 to 1.05 percent depending on loan term and down payment. Additional costs may include appraisal fees of $500 to $700 and credit report fees of $30 to $50. 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 Trenton New Jersey?
For 2024 the FHA loan limit for a single-family home in Mercer County including Trenton is $498,257. Higher limits apply for multi-unit properties. Your specialist can confirm current limits based on the specific property type.
Do I need a New Jersey license to work with an FHA loan specialist?
Yes. Under New Jersey law all mortgage loan originators must hold a valid license from the New Jersey Department of Banking and Insurance. You can verify a specialists license through the NMLS Consumer Access website.
What credit score is needed for an FHA loan in New Jersey?
FHA loans typically require a minimum credit score of 580 for a 3.5 percent down payment. Scores between 500 and 579 may qualify with a 10 percent down payment. Each lender may have additional requirements.