Compare FHA Loan Specialists in Statesville, NC
Looking for a fha loan specialist in Statesville? Review the directory below to compare your options.
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 9 fha loan specialists in Statesville, NC
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An FHA loan specialist in Statesville, North Carolina helps homebuyers secure government-backed mortgages with lower down payments. North Carolina law requires all mortgage loan originators to be licensed through the NMLS. Local specialists understand Iredell County housing market conditions and can guide borrowers through FHA credit and property requirements.
What Does a FHA Loan Specialist in Statesville Cost?
Typical costs for an FHA loan in North Carolina include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.55 percent to 0.85 percent. Closing costs in Statesville generally range from 3,000 to 6,000 dollars but vary by lender and loan size. This is general information and does not constitute 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 Statesville?
FHA loans typically 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. Your specialist can review your specific credit profile.
Are FHA loans available for manufactured homes in Statesville?
Yes, FHA loans can finance manufactured homes in Iredell County if the home meets HUD property standards. The home must be permanently affixed to a foundation and classified as real property. Your specialist can verify eligibility.
What are the FHA loan limits for Statesville North Carolina?
For 2024, the FHA loan limit for a single-family home in Iredell County is 498,257 dollars. These limits are set by HUD and may change annually. Your specialist can confirm current limits for your desired purchase.