Compare FHA Loan Specialists in Sun Prairie, WI
Browse fha loan specialists serving Sun Prairie, Wisconsin. 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 Wisconsin before hiring.
Showing 10 fha loan specialists in Sun Prairie, 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 Sun Prairie Cost?
Typical costs for an FHA loan in Wisconsin include an upfront mortgage insurance premium of 1.75% of the loan amount, which can be financed into the loan. Annual mortgage insurance premiums range from 0.45% to 1.05% of the loan balance, depending on the loan term and loan-to-value ratio. Origination fees vary but often fall between 0.5% and 1.5% of the loan amount. Closing costs in Sun Prairie generally total 2% to 5% of the purchase price, including title insurance, appraisal fees, and recording fees. 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 does an FHA loan specialist in Sun Prairie do?
An FHA loan specialist guides you through the FHA loan process, from pre-approval to closing. They help you understand Wisconsin specific requirements, such as property condition standards and local appraisal rules. They also assist with documentation for FHA mortgage insurance premiums.
What are the FHA loan limits for Sun Prairie Wisconsin?
For 2024, the FHA loan limit for a single-family home in Dane County, including Sun Prairie, is $498,257. This limit is set by the U.S. Department of Housing and Urban Development and may change annually. Higher limits apply for multi-unit properties.
How do I choose an FHA loan specialist in Sun Prairie?
Look for a specialist who is licensed in Wisconsin through the NMLS and has experience with FHA loans in Dane County. Ask about their knowledge of local appraisal requirements and typical closing timelines. Check their reviews and verify their license status on the NMLS Consumer Access website.