Find FHA Loan Specialists Near You in Plymouth Meeting, PA
Looking for a fha loan specialist in Plymouth Meeting? 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 Pennsylvania before hiring.
Showing 10 fha loan specialists in Plymouth Meeting, PA
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An FHA loan specialist in Plymouth Meeting can guide you through the process of obtaining a Federal Housing Administration insured mortgage. Pennsylvania law requires all mortgage loan originators to be licensed through the Pennsylvania Department of Banking and Securities. Working with a local specialist helps you navigate specific county limits and property eligibility rules for Montgomery County.
What Does a FHA Loan Specialist in Plymouth Meeting Cost?
Typical costs for an FHA loan in Pennsylvania 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 the Plymouth Meeting area generally range from 2 to 5 percent of the purchase price. Lender fees appraisal fees and title insurance are additional expenses. Costs vary by case and loan size. 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 is an FHA loan and who qualifies in Plymouth Meeting?
An FHA loan is a government backed mortgage with lower down payment requirements. To qualify in Pennsylvania you need a minimum credit score of 580 for a 3.5 percent down payment or a score of 500 to 579 with a 10 percent down payment. The property must meet FHA appraisal standards and be your primary residence.
What are the FHA loan limits for Plymouth Meeting Pennsylvania?
For 2024 the FHA loan limit for a single family home in Montgomery County Pennsylvania is $498,257. This limit applies to most areas in Plymouth Meeting. Higher limits may apply for duplexes triplexes or four unit properties. Your specialist can confirm the exact limit for your situation.
How long does the FHA loan process take in Pennsylvania?
The typical FHA loan process in Pennsylvania takes 30 to 45 days from application to closing. This timeline includes appraisal underwriting and document review. Delays can occur if additional property inspections or credit documentation is required.