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 York before hiring.
Showing 20 fha loan specialists in Melville, 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.
Nationwide Mortgage Bankers
1305 Walt Whitman Rd #100, Melville, NY 11747
8337008884
Reliant Home Funding, Inc
445 Broadhollow Rd Suite 334, Melville, NY 11747
8779376787
US Mortgage Corporation
201 Old Country Rd Suite 140, Melville, NY 11747
6315802600
Interstate Home Loan Center, Inc
40 Marcus Dr Suite 250, Melville, NY 11747
8886241414
Planet Home Lending, LLC - Melville
265 Broadhollow Rd Suite 100, Melville, NY 11747
8889669044
Marc Marrazzo- Reliant Home Funding Inc.
445 Broadhollow Rd Suite 334, Melville, NY 11747
5163227353
Quentin J. Hardy - NewRez Home Mortgage LLC
510 Broadhollow Rd Suite 302, Melville, NY 11747
5166144088
Team Schwegler, Mortgage Loan Officer
401 Broadhollow Rd Suite 150, Melville, NY 11747
6317452366
United Mortgage Corp.
401 Broadhollow Rd Suite 150, Melville, NY 11747
8004624862
Team Khoury at CrossCountry Mortgage
35 Pinelawn Rd Suite 212, Melville, NY 11747
5165243020
Eric Braun - Interstate Home Loan Center, Inc.
40 Marcus Dr Suite 250, Melville, NY 11747
5162654244
Bruce Biersack - Contour Mortgage
35 Pinelawn Rd, Melville, NY 11747
5162449472
East Coast Capital
2 Corporate Center Dr Suite 110, Melville, NY 11747
8777817788
Anthony Fragala - Nationwide Mortgage Bankers
3 Huntington Quadrangle Suite 403N, Melville, NY 11747
6312195474
Embrace Home Loans - Melville, NY
425 Broadhollow Rd #400, Melville, NY 11747
5165701091
Daghan Hart | Mortgage Loan Originator | Interstate Home Loans Center
40 Marcus Dr Suite 250, Melville, NY 11747
6316492989
Justin Schiatta at CrossCountry Mortgage
35 Pinelawn Rd Suite 212, Melville, NY 11747
6318798399
Quontic Bank - Long Island Loan Office
425 Broadhollow Rd #302, Melville, NY 11747
8889547463
Kevin Dayton at CrossCountry Mortgage
35 Pinelawn Rd Suite 212, Melville, NY 11747
6317742399
Giovanni Robayo -Interstate Home Loan Center, Inc.
40 Marcus Dr Suite 250, Melville, NY 11747
6313936018
What Does a FHA Loan Specialist in Melville Cost?
Typical costs for FHA loan specialist services in New York include an origination fee of 0.5 to 1.5 percent of the loan amount. The FHA upfront mortgage insurance premium is 1.75 percent of the loan amount. Annual mortgage insurance premiums range from 0.45 to 1.05 percent depending on loan term and down payment. Other costs include appraisal fees around 500 to 700 dollars and title insurance which varies by property value. 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 in Melville do?
An FHA loan specialist guides borrowers through the FHA loan process from pre-approval to closing. They explain FHA guidelines including the 3.5 percent minimum down payment and the upfront mortgage insurance premium. In New York they also help with local property tax escrow requirements.
What are the FHA loan limits for Melville New York?
For 2024 the FHA loan limit for a single-family home in Suffolk County is 1,149,825 dollars. This limit applies to Melville which is part of Suffolk County. Higher limits apply for multi-unit properties.
Do I need a special license to be an FHA loan specialist in New York?
FHA loan specialists in New York must be licensed mortgage loan originators through the Nationwide Multistate Licensing System. They must also complete New York specific education and pass a state exam. FHA approval is separate and requires meeting FHA lender requirements.