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Find FHA Loan Specialists Near You in Olney, MD

Compare fha loan specialists in Olney. Review contact information and insurance categorys before you decide.

3 agents listed
Updated May 2026
Olney, MD
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 Maryland before hiring.
Showing 3 fha loan specialists in Olney, MD Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Blaine Cahill-Welsh - Total Mortgage
18200 Georgia Ave Suit h, Olney, MD 20832
3018077902
Total Mortgage
18200 Georgia Ave Suit h, Olney, MD 20832
4438642391
Presidential Mortgage Group
3300 Olney Sandy Spring Rd, Olney, MD 20832
9282379599

FHA loan specialists in Olney Maryland help homebuyers secure government-backed mortgages with lower down payments. Maryland law requires lenders to provide a detailed loan estimate within three business days of application. Specialists guide clients through the specific FHA loan limits for Montgomery County which are updated annually.

What Does a FHA Loan Specialist in Olney Cost?

Typical costs for an FHA loan in Maryland include a 1.75 percent upfront mortgage insurance premium and an annual mortgage insurance premium of 0.55 to 0.85 percent of the loan amount. Closing costs in Olney generally range from 2 to 5 percent of the purchase price. Appraisal fees are around 500 to 700 dollars. 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 credit score is needed for an FHA loan in Olney Maryland?
FHA loans typically require a minimum credit score of 580 for a 3.5 percent down payment. Borrowers with scores between 500 and 579 may qualify with a 10 percent down payment. Individual lenders in Maryland may set higher requirements.
Are there specific FHA loan limits for Olney Maryland?
Yes FHA loan limits vary by county. For Montgomery County which includes Olney the 2024 FHA loan limit for a single family home is 977500. This limit is adjusted annually based on median home prices.
What documents do I need to apply for an FHA loan in Olney?
You need recent pay stubs W 2 forms tax returns bank statements and a valid government ID. Maryland law also requires proof of homeowners insurance before closing. Your specialist will provide a full checklist.