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 Iowa before hiring.
Showing 7 fha loan specialists in Iowa City, IA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Residential Mortgage Network, Inc.
2507 Highlander Pl, Iowa City, IA 52245
3193547501
U.S. Bank-Mortgage Loan Officer-James Thibodeau
204 E Washington St, Iowa City, IA 52240
3193569022
Mortgage Loans - Iowa City
429 S Dubuque St, Iowa City, IA 52240
8443841712
Hard Money Lenders Iowa City IA
103 E College St, Iowa City, IA 52240
3195594810
US Bank Mortgage
2312 Mormon Trek Blvd, Iowa City, IA 52246
8008722657
US Bank Mortgage
132 E Washington St, Iowa City, IA 52240
8008722657
Commercial Lending Iowa City IA
204 E Washington St, Iowa City, IA 52240
3193463382
What Does a FHA Loan Specialist in Iowa City Cost?
Typical costs for FHA loan services in Iowa include an upfront mortgage insurance premium of 1.75% of the loan amount and an annual MIP of 0.55% to 0.85%. Lender origination fees range from 0.5% to 1.5% of the loan amount. Appraisal fees in Iowa City average $500 to $700. Closing costs generally total 2% to 5% of the purchase price. 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 is an FHA loan specialist in Iowa City?
An FHA loan specialist is a licensed mortgage professional who guides borrowers through FHA loan applications, credit requirements, and property eligibility. They are familiar with Iowa City market conditions and Iowa specific closing procedures.
What are the FHA loan limits for Iowa City in 2025?
For 2025, the FHA loan limit for a single-family home in Johnson County is $498,257. Higher limits apply for multi-unit properties. These limits are set by HUD and may change annually.
Do I need a special license to originate FHA loans in Iowa?
Yes. All mortgage loan originators in Iowa must hold a valid license from the Iowa Division of Banking. They must also complete continuing education and pass a background check under Iowa Code Chapter 524.