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 Rhode Island before hiring.
Showing 4 fha loan specialists in Wakefield, RI
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Ron Manton - Churchill Mortgage, NMLS 4865
238 Robinson St Ste 3, Wakefield, RI 02879
4014339941
Churchill Mortgage - Wakefield
238 Robinson St Ste 3, Wakefield, RI 02879
4014339941
Atlantic Mortgage & Finance Corporation
94 Main St 2nd Floor, Wakefield, RI 02879
4014818050
Justin Bolton - Churchill Mortgage, NMLS 129424
238 Robinson St Ste 3, Wakefield, RI 02879
6159213414
What Does a FHA Loan Specialist in Wakefield Cost?
Typical costs for an FHA loan specialist in Rhode Island include an origination fee of 1% to 1.5% of the loan amount, plus an upfront mortgage insurance premium of 1.75% of the loan. Closing costs in Wakefield range from 2% to 5% of the purchase price. These costs vary by lender 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 does an FHA loan specialist in Wakefield do?
An FHA loan specialist helps borrowers qualify for loans insured by the Federal Housing Administration. They guide you through income verification, credit requirements, and property eligibility. In Rhode Island, they also ensure compliance with state specific closing cost limits.
What are the FHA loan limits for Wakefield Rhode Island?
For 2025, the FHA loan limit for a single family home in Washington County is typically around $498,257. Limits can change annually and vary by property type. Your specialist can confirm the current limit for your specific purchase.
How long does the FHA loan process take in Rhode Island?
The typical FHA loan process in Rhode Island takes 30 to 45 days from application to closing. Rhode Island law requires a 45 day minimum notice for certain prepayment penalties. Delays can occur if property appraisals or title searches uncover issues.