Find FHA Loan Specialists Near You in Durham, NC
Compare fha loan specialists in Durham. 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 North Carolina before hiring.
Showing 14 fha loan specialists in Durham, NC
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
An FHA loan specialist in Durham North Carolina helps home buyers and homeowners navigate FHA insured mortgages. These loans are popular in the Triangle area due to lower down payment requirements and flexible credit guidelines. North Carolina law requires all mortgage loan originators to be licensed through the Nationwide Multistate Licensing System (NMLS).
What Does a FHA Loan Specialist in Durham Cost?
Typical costs for an FHA loan specialist in North Carolina include an origination fee of 1% of the loan amount and an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan. Closing costs in Durham usually range from 3% to 5% of the purchase price. These costs vary by lender and loan size. 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 is an FHA loan specialist in Durham?
An FHA loan specialist is a licensed mortgage professional who guides borrowers through the FHA loan process. They help with pre approval, documentation, and closing. In North Carolina, these specialists must hold an active NMLS license.
What are the FHA loan limits for Durham North Carolina?
For 2024, the FHA loan limit for a single family home in Durham County is $498,257. This amount may change annually based on the Federal Housing Administration guidelines. Higher limits apply for multi unit properties.
How do I find a licensed FHA loan specialist in Durham?
You can search the NMLS Consumer Access database to verify a loan officer license. Many local banks and mortgage companies in Durham employ FHA specialists. Always confirm the specialist has experience with FHA loans in North Carolina.