Compare FHA Loan Specialists in Burlington, VT
Looking for a fha loan specialist in Burlington? Review the directory below to compare your options.
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 Vermont before hiring.
Showing 10 fha loan specialists in Burlington, VT
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
FHA loan specialists in Burlington Vermont help homebuyers navigate Federal Housing Administration insured loans. Vermont law requires lenders to provide clear disclosure of loan terms and fees. Local specialists understand Burlington market conditions and can guide you through Vermont specific property requirements.
What Does a FHA Loan Specialist in Burlington Cost?
Typical costs for an FHA loan specialist in Vermont include an origination fee of 0.5% to 1% of the loan amount plus third party fees such as appraisal ($500 to $700) and credit report ($30 to $50). Closing costs in Vermont average 3% to 5% of the purchase price but can vary by lender and property. 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 Burlington Vermont?
For 2024 the FHA loan limit for Chittenden County including Burlington is $498,257 for a single family home. This limit is set by HUD and may change annually. Your specialist can confirm current limits for your specific property type.
Do FHA loans in Vermont require mortgage insurance?
Yes FHA loans require both an upfront mortgage insurance premium of 1.75% of the loan amount and an annual premium that varies based on loan term and down payment. Vermont law does not waive these federal requirements.
What Vermont specific documents do I need for an FHA loan?
You need standard FHA documents plus Vermont specific items such as a Vermont property disclosure statement and proof of Vermont residency. Vermont law also requires a signed mortgage broker agreement if you use a broker.