Find FHA Loan Specialists in Franklin Square, NY
Directory of fha loan specialists in Franklin Square, New York. Verify credentials with the state state mortgage licensing authority before hiring.
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 York before hiring.
Showing 4 fha loan specialists in Franklin Square, NY
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 Franklin Square Cost?
Typical costs for an FHA loan specialist in New York include an upfront mortgage insurance premium (UFMIP) of 1.75 percent of the loan amount and an annual MIP of 0.15 to 0.75 percent. Closing costs in Franklin Square range from 2 to 5 percent of the purchase price. These costs vary based on the lender and property. 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 credit score do I need for an FHA loan in Franklin Square?
Most FHA loans require a minimum credit score of 580 for a 3.5 percent down payment. Some lenders may accept scores as low as 500 with a 10 percent down payment. Each lender sets its own requirements.
Are there FHA loan limits for Franklin Square New York?
Yes, FHA loan limits for Nassau County in 2025 are set by HUD. For a single-family home, the limit is typically around $1,149,825. This high limit reflects the area's elevated home prices.