FHA Loan Specialists in Elm Grove, WI
Compare fha loan specialists in Elm Grove. Review contact information and insurance categorys before you decide.
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 Wisconsin before hiring.
Showing 2 fha loan specialists in Elm Grove, WI
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 Elm Grove Cost?
Typical costs for an FHA loan in Wisconsin 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 usually range from 2 to 5 percent of the purchase price. Lender fees may vary between 500 and 1500 dollars. 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 requirements in Elm Grove Wisconsin?
FHA loans 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 appraisal standards and be your primary residence.
How do I find an FHA loan specialist in Elm Grove?
You can search for licensed mortgage loan originators through the Wisconsin Department of Financial Institutions website. Look for specialists who have experience with FHA loans and are familiar with local real estate conditions in Waukesha County.