FHA Loan Specialists in Lynnwood, WA
Browse fha loan specialists serving Lynnwood, Washington. 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 Washington before hiring.
Showing 20 fha loan specialists in Lynnwood, WA
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An FHA loan specialist in Lynnwood, Washington can guide you through the process of obtaining a mortgage insured by the Federal Housing Administration. Washington state law requires all mortgage loan originators to be licensed through the Nationwide Multistate Licensing System. Lynnwood home buyers often use FHA loans for their lower down payment requirements and flexible credit guidelines.
What Does a FHA Loan Specialist in Lynnwood Cost?
Typical costs for an FHA loan specialist in Washington include an upfront mortgage insurance premium of 1.75 percent of the loan amount, plus an annual mortgage insurance premium ranging from 0.45 to 1.05 percent. Lender fees may range from $500 to $2,000. Closing costs in Lynnwood generally total 2 to 5 percent of the loan amount. 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 are the FHA loan limits for Lynnwood, Washington in 2025?
For 2025, the FHA loan limit for a single-family home in Snohomish County, which includes Lynnwood, is $498,257 for low-cost areas and up to $1,149,825 for high-cost areas. These limits are set by the U.S. Department of Housing and Urban Development and may change annually.
What credit score is needed for an FHA loan in Washington?
FHA loans typically require a minimum credit score of 580 for a 3.5 percent down payment. Borrowers with a credit score between 500 and 579 may still qualify with a 10 percent down payment. Washington lenders may have additional overlay requirements.
Are there specific Washington state requirements for FHA loans?
Washington state does not impose additional FHA-specific requirements beyond federal rules. However, all mortgage loan originators must be licensed under the Washington Mortgage Broker Practices Act. Borrowers must also comply with state property tax and insurance rules.