FHA Loan Specialists in Pittsford, NY
Compare fha loan specialists in Pittsford. 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 York before hiring.
Showing 6 fha loan specialists in Pittsford, 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 Pittsford Cost?
Typical costs for an FHA loan specialist in New York include an origination fee of 1 percent of the loan amount, plus an upfront mortgage insurance premium of 1.75 percent of the base loan amount. Annual mortgage insurance premiums range from 0.45 percent to 1.05 percent of the loan balance. 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 Pittsford New York?
For 2024, the FHA loan limit for a single family home in Monroe County is $498,257. This amount is set by the Department of Housing and Urban Development and may change each year.
Do I need a special license to be an FHA loan specialist in New York?
Yes. In New York, mortgage loan originators must be licensed under the New York State Department of Financial Services. They must complete 20 hours of pre licensing education and pass a national and state exam.
What documents do I need for an FHA loan application in Pittsford?
You typically need two years of tax returns, recent pay stubs, bank statements, and a valid ID. New York law also requires lenders to provide a Loan Estimate within three business days of your application.