Compare FHA Loan Specialists in Mt Pleasant, SC
Directory of fha loan specialists in Mt Pleasant, South Carolina. Verify credentials with the state state mortgage licensing authority before hiring.
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 South Carolina before hiring.
Showing 20 fha loan specialists in Mt Pleasant, SC
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 Mt Pleasant Cost?
Typical costs for an FHA loan in South Carolina 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. Lender origination fees usually range from 0.5 percent to 1 percent of the loan amount. Closing costs in Mt Pleasant average 3 to 5 percent of the purchase price. 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 are the FHA loan requirements in South Carolina?
FHA loans require a minimum credit score of 580 for a 3.5 percent down payment. Borrowers with scores between 500 and 579 may qualify with a 10 percent down payment. The property must meet FHA appraisal standards and be your primary residence.
How do I find a licensed FHA loan specialist in Mt Pleasant?
You can search the Nationwide Multistate Licensing System database to verify a loan officer license in South Carolina. Many local mortgage companies and banks in Mt Pleasant employ FHA specialists. Check for active licenses and any disciplinary history before working with a specialist.
What is the FHA loan limit for Charleston County in 2024?
For 2024, the FHA loan limit for a single family home in Charleston County is $498,257. This limit applies to Mt Pleasant and all areas within the county. Higher limits may apply for duplexes and larger properties.