FHA loan specialists in Columbus Ohio help homebuyers secure government backed mortgages with lower down payments. These loans are popular in central Ohio due to flexible credit requirements and competitive rates. Ohio law requires all mortgage loan originators to be licensed through the Ohio Division of Financial Institutions.
What Does a FHA Loan Specialist in Columbus Cost?
Typical costs for FHA loan services in Ohio include an upfront mortgage insurance premium of 1.75 percent of the loan amount financed into the loan. Annual mortgage insurance premiums range from 0.45 percent to 1.05 percent depending on loan term and loan to value ratio. Lender origination fees vary but often range from 0.5 percent to 1.5 percent of the loan amount. Third party costs such as appraisal and title fees add several hundred dollars. 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
FHA Loan Specialists in Other Ohio Cities
Akron · Alliance · Amherst · Aurora · Avon · Batavia · Beachwood · Beavercreek · Bellbrook · Blacklick · Blue Ash · Boardman · Bowling Green · Broadview Heights · Brunswick