An FHA loan specialist in Stevens Point Wisconsin can guide you through the process of obtaining a Federal Housing Administration insured mortgage. These loans are popular for first time homebuyers and those with lower credit scores. Wisconsin law requires all mortgage loan originators to be licensed through the Wisconsin Department of Financial Institutions.
What Does a FHA Loan Specialist in Stevens Point 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 premium of 0.55 percent to 0.85 percent. Closing costs in Stevens Point usually range from 2 percent to 5 percent of the purchase price. Lender origination fees and appraisal fees vary by company. 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
FHA Loan Specialists in Other Wisconsin Cities
Altoona · Appleton · Ashwaubenon · Beaver Dam · Beloit · Brookfield · Burlington · Cedarburg · Chippewa Falls · Cudahy · De Pere · Delafield · Delavan · East Troy · Eau Claire