Find FHA Loan Specialists in Mansfield, TX
Browse fha loan specialists serving Mansfield, Texas. Contact information and addresses listed below.
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 Texas before hiring.
Showing 13 fha loan specialists in Mansfield, TX
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An FHA loan specialist in Mansfield Texas can help you navigate government-backed mortgages with lower down payments and flexible credit requirements. Texas law requires all mortgage loan originators to be licensed through the Texas Department of Savings and Mortgage Lending. These specialists guide buyers through FHA guidelines specific to the Dallas-Fort Worth metroplex housing market.
What Does a FHA Loan Specialist in Mansfield Cost?
Typical costs for an FHA loan specialist in Texas include an origination fee of 1 to 2 percent of the loan amount and an upfront mortgage insurance premium (UFMIP) of 1.75 percent of the base loan amount. Annual mortgage insurance premiums range from 0.45 to 1.05 percent of the loan balance. Closing costs in Tarrant County generally total 2 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 limits for Mansfield Texas?
For 2024 the FHA loan limit for a single-family home in Tarrant County (which includes Mansfield) is $498,257. This limit applies to most areas and may be higher for duplexes or triplexes. Check with a local specialist for the exact figure.
Do I need a Texas-specific license to be an FHA loan specialist?
Yes. In Texas all mortgage loan originators must hold a valid license from the Texas Department of Savings and Mortgage Lending. They must also complete annual continuing education on state and federal lending laws.
What credit score is needed for an FHA loan in Mansfield?
FHA loans typically require a minimum credit score of 580 for a 3.5 percent down payment. Scores between 500 and 579 may qualify with a 10 percent down payment. Individual lenders may set higher requirements.