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 Utah before hiring.
Showing 5 fha loan specialists in American Fork, UT
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mortgage Educators and Compliance
476 W 50 N, American Fork, UT 84003
8774031428
Velocity Home Loans
321 N County Blvd #B, American Fork, UT 84003
8014347337
Mendenhall Mortgage
12 W 100 N #201-A, American Fork, UT 84003
8016023550
utahloansbyKaren
12 W 100 N St Suite 202D, American Fork, UT 84003
8013722523
Jeff Morrison - Mortgage Loan Officer - Mountain America Credit Union
893 NW State St, American Fork, UT 84003
8013256129
What Does a FHA Loan Specialist in American Fork Cost?
Typical costs for an FHA loan specialist in Utah include an origination fee of 1 to 2 percent of the loan amount. Upfront mortgage insurance premium (UFMIP) is 1.75 percent of the base loan amount. Annual mortgage insurance premiums range from 0.45 to 1.05 percent. Appraisal fees in American Fork usually cost 400 to 700 dollars. 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 does an FHA loan specialist do in American Fork?
An FHA loan specialist guides you through the FHA loan process including pre-approval application and closing. They help you understand Utah-specific property requirements such as minimum property standards and flood zone disclosures.
What credit score is needed for an FHA loan in Utah?
FHA loans typically 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. Utah lenders may have additional overlays.
Are there Utah-specific rules for FHA loans?
Yes Utah law requires lenders to provide a Good Faith Estimate and a Truth in Lending statement within three business days of application. Utah also has specific rules about prepayment penalties and escrow accounts for property taxes.