Compare FHA Loan Specialists in Spokane Valley, WA
Browse fha loan specialists serving Spokane Valley, 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 10 fha loan specialists in Spokane Valley, 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.
What Does a FHA Loan Specialist in Spokane Valley Cost?
Typical costs for an FHA loan specialist in Washington include an origination fee of 1 to 2 percent of the loan amount, plus third-party fees for appraisal and credit report. The upfront mortgage insurance premium (UFMIP) is 1.75 percent of the loan, and annual mortgage insurance premiums range from 0.45 to 1.05 percent. Closing costs in Spokane Valley generally total 2 to 5 percent of the purchase price. This information is general 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 is an FHA loan specialist in Spokane Valley?
An FHA loan specialist is a licensed mortgage professional who guides borrowers through the FHA loan process. They help with credit requirements, down payment options, and property eligibility rules specific to Washington state.
What are the credit score requirements 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 scores between 500 and 579 may qualify with a 10 percent down payment. Washington lenders may have additional overlays beyond FHA minimums.
Are there Washington-specific rules for FHA loans?
Yes, Washington has specific laws regarding mortgage disclosures and escrow procedures. The state also requires a signed loan estimate within three business days of application. Local property tax rates and insurance costs in Spokane Valley can affect your total monthly payment.