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Showing 5 fha loan specialists in Sebastian, FL
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Richard Therien
705 Sebastian Blvd Suite E, Sebastian, FL 32958
9042378821
Michael Float
705 Sebastian Blvd, Sebastian, FL 32958
7725325984
Truist
9601 US-1, Sebastian, FL 32958
7722283466
MOVEMENT MORTGAGE
705 E Sebastian Blvd, Sebastian, FL 32958
8773141499
Reliable Mortgages, Inc.
1627 US-1 suite 218, Sebastian, FL 32958
7722288600
What Does a FHA Loan Specialist in Sebastian Cost?
Typical costs for an FHA loan in Florida include an upfront mortgage insurance premium (UFMIP) of 1.75 percent of the loan amount, plus an annual MIP of 0.55 to 1.05 percent. Closing costs in Sebastian generally range from 2 to 5 percent of the purchase price. Lender fees, appraisal costs around 500 to 700 dollars, and title insurance are additional expenses. 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 credit score is needed for an FHA loan in Sebastian Florida?
Most FHA lenders require a minimum credit score of 580 for a 3.5 percent down payment. Borrowers with scores between 500 and 579 may still qualify but must put down at least 10 percent.
Are there specific property requirements for FHA loans in Florida?
Yes. The property must meet FHA minimum property standards and be your primary residence. In Florida, the home must also pass a wind mitigation inspection and comply with local building codes in Sebastian.
How long does the FHA loan process take in Sebastian Florida?
The typical FHA loan process takes 30 to 45 days from application to closing. This timeline can vary based on appraisal scheduling and under review of your financial documents.