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Compare FHA Loan Specialists in Monroe, WA

Compare fha loan specialists in Monroe. Review contact information and insurance categorys before you decide.

3 agents listed
Updated May 2026
Monroe, WA
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 Washington before hiring.
Showing 3 fha loan specialists in Monroe, WA Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Fairway Independent Mortgage - Kimberley Lynn
108 E Main St Suite 100, Monroe, WA 98272
3602178260
Chase Mortgage
18751 US-2, Monroe, WA 98272
3607948534
The Legacy Group Mortgage
19351 US-2, Monroe, WA 98272
4252382296

FHA loan specialists in Monroe, Washington help homebuyers secure government-backed mortgages with lower down payments and flexible credit requirements. Washington state law requires all mortgage loan originators to be licensed through the Department of Financial Institutions. Specialists familiar with Snohomish County can guide you through local property value limits and FHA loan caps specific to the Monroe area.

What Does a FHA Loan Specialist in Monroe Cost?

Typical costs for an FHA loan specialist in Washington include an origination fee of 0.5% to 1.0% of the loan amount, plus third-party fees for appraisal, credit report, and title services. For a $400,000 loan, total closing costs often range from $8,000 to $12,000. The FHA also charges an upfront mortgage insurance premium of 1.75% of the loan amount and an annual premium of 0.55% to 0.85%. These costs vary by lender and borrower circumstances. 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 Monroe Washington in 2025?
For 2025, the FHA loan limit for a single-family home in Snohomish County, including Monroe, 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.
Do I need a specific license to be an FHA loan specialist in Washington?
Yes, all mortgage loan originators in Washington must hold a valid license through the Nationwide Multistate Licensing System and be registered with the Washington Department of Financial Institutions. FHA loan specialists must also be approved by HUD to originate FHA-insured loans.
What is the minimum down payment for an FHA loan in Monroe?
The minimum down payment for an FHA loan is 3.5% of the purchase price if your credit score is 580 or higher. If your credit score is between 500 and 579, you may still qualify but need a 10% down payment. These requirements apply statewide in Washington.