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 California before hiring.
Showing 5 fha loan specialists in Inglewood, CA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
New American Funding - Inglewood, CA
3314 W Manchester Blvd, Inglewood, CA 90305
3104092149
New American Funding - Brenda Robinson
3314 W Manchester Blvd, Inglewood, CA 90305
3103560403
New American Funding - Shonta Clark
3314 W Manchester Blvd, Inglewood, CA 90305
3106229176
Monarch Mortgage
8013 S Van Ness Ave, Inglewood, CA 90305
8184398689
Mansfield Lending
2920 W Manchester Blvd, Inglewood, CA 90305
5627610959
What Does a FHA Loan Specialist in Inglewood Cost?
Typical costs for an FHA loan specialist in California include an origination fee of 1 to 1.5 percent of the loan amount and an upfront mortgage insurance premium of 1.75 percent of the base loan amount. Annual mortgage insurance premiums range from 0.45 to 1.05 percent of the loan balance depending on the loan term and loan-to-value ratio. Closing costs generally add 3 to 5 percent of the purchase price. 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 limits for Inglewood California?
For 2024 the FHA loan limit for a single-family home in Los Angeles County including Inglewood is $1,149,825. This limit is higher than the standard national limit due to the high cost of housing in the area.
What credit score is needed for an FHA loan in California?
Most FHA lenders require a minimum credit score of 580 to qualify for the 3.5 percent down payment option. Borrowers with scores between 500 and 579 may still qualify but must put down at least 10 percent.
Are there California-specific rules for FHA loans?
California requires FHA loan specialists to provide a Loan Estimate within three business days of receiving a complete application. The state also mandates that borrowers receive a disclosure about the availability of housing counseling services.