FHA Loan Specialists in Southampton, PA
Looking for a fha loan specialist in Southampton? 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 13 fha loan specialists in Southampton, PA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
What Does a FHA Loan Specialist in Southampton 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 to 0.85 percent. Closing costs generally range from 2 to 5 percent of the purchase price, which can be partially covered by seller concessions up to 6 percent. Appraisal fees in the Southampton area average $500 to $700. 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 credit score is needed for an FHA loan in Southampton?
The minimum credit score for an FHA loan is typically 580 with a 3.5 percent down payment. Borrowers with scores between 500 and 579 may qualify with a 10 percent down payment. Pennsylvania lenders may have additional overlays beyond the FHA minimum requirements.
Are there specific property requirements for FHA loans in Pennsylvania?
FHA loans require properties to meet minimum health and safety standards through an FHA appraisal. In Pennsylvania, the property must also comply with local building codes in Southampton and Bucks County. The appraiser checks for structural issues, lead paint hazards, and proper function of major systems.
What are the FHA loan limits for Southampton Pennsylvania?
For 2024, the FHA loan limit for a single-family home in Bucks County is $498,257. This limit applies to most areas in the Philadelphia region. Higher limits may apply for duplexes, triplexes, and four-unit properties.