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 Oklahoma before hiring.
Showing 4 fha loan specialists in Purcell, OK
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Empire Finance of Purcell
106 S Green Ave, Purcell, OK 73080
4055270499
Continental Credit
219 W Main St, Purcell, OK 73080
4055273786
Tower Loans
1921 S Green Ave, Purcell, OK 73080
4052534267
Security Finance
211 W Main St, Purcell, OK 73080
4055272184
What Does a FHA Loan Specialist in Purcell Cost?
Typical costs for an FHA loan specialist in Oklahoma include an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount and an annual MIP of 0.55% to 1.05%. Closing costs usually range from 2% to 5% of the purchase price. For a $200,000 home in Purcell, you might pay $3,500 to $10,000 in total closing costs. This is general information, 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 Purcell do?
An FHA loan specialist helps you understand FHA loan requirements, pre-qualify for a loan, and complete your application. They work with local lenders to find a mortgage that fits your budget in Purcell.
What are the FHA loan limits for Purcell Oklahoma?
For 2024, the FHA loan limit for a single-family home in McClain 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 Oklahoma?
Yes, Oklahoma requires all mortgage loan originators to hold a state license through the NMLS. They must also complete continuing education courses each year to keep their license active.