Compare FHA Loan Specialists in Midland, TX
Directory of fha loan specialists in Midland, Texas. 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 Texas before hiring.
Showing 18 fha loan specialists in Midland, TX
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
An FHA loan specialist in Midland Texas can help you navigate the Federal Housing Administration loan process. These loans are popular in the Permian Basin due to lower down payment requirements. Texas law requires all FHA loans to include a homestead affidavit for primary residences.
What Does a FHA Loan Specialist in Midland Cost?
Typical costs for an FHA loan specialist in Texas include an origination fee of 1% to 1.5% of the loan amount. Upfront mortgage insurance premium is 1.75% of the loan. Closing costs in Midland range from $3,000 to $7,000 depending on property value and lender fees. 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 Midland do?
An FHA loan specialist guides you through the FHA loan application process. They help with credit requirements, property appraisals, and Texas-specific closing procedures. They also ensure compliance with Texas property tax and insurance rules.
What are the FHA loan limits for Midland Texas?
For 2025, the FHA loan limit for a single-family home in Midland County is $498,257. This limit applies to most areas and is set by the Department of Housing and Urban Development. Higher limits may apply for multi-unit properties.
Do I need a Texas-specific inspection for an FHA loan?
Yes, FHA loans in Texas require a termite inspection and a property condition report. Texas law also requires a survey or a boundary affidavit for the property. The specialist will coordinate these inspections with local vendors.