Find FHA Loan Specialists in Staunton, VA
Directory of fha loan specialists in Staunton, Virginia. 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 Virginia before hiring.
Showing 12 fha loan specialists in Staunton, VA
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 Staunton Cost?
Typical costs for an FHA loan in Virginia include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual mortgage insurance premium of 0.55 to 0.85 percent. Closing costs in Staunton generally range from 2 to 5 percent of the purchase price. Lender fees and third party costs such as appraisal and title services vary by provider. 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 in Staunton do?
An FHA loan specialist guides borrowers through the application and approval process for FHA insured mortgages. They help determine eligibility based on credit score debt-to-income ratio and property requirements. Specialists also explain Virginia specific rules such as the state required home inspection disclosures.
What are the minimum FHA loan requirements in Virginia?
FHA loans in Virginia 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 minimum property standards and be the borrowers primary residence.