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Showing 2 fha loan specialists in Centerville, MA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Tim Barr, Homestead Mortgage
1600 Falmouth Rd #5, Centerville, MA 02632
5082214279
Cape Cod Mortgage Guy
1600 Falmouth Rd, Centerville, MA 02632
7744872830
What Does a FHA Loan Specialist in Centerville Cost?
Typical costs for an FHA loan specialist in Massachusetts include an origination fee of 1 percent of the loan amount and an upfront mortgage insurance premium of 1.75 percent. Annual mortgage insurance premiums range from 0.45 to 1.05 percent of the loan balance. Closing costs in Centerville generally total 2 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 does an FHA loan specialist in Centerville do?
An FHA loan specialist guides borrowers through the application and approval process for FHA insured loans. They help determine eligibility based on credit score and debt to income ratios. Specialists also explain Massachusetts specific property appraisal requirements.
What are the FHA loan limits for Centerville Massachusetts?
For 2025 the FHA loan limit for a single family home in Barnstable County including Centerville is $557,750. Higher limits apply for duplexes and triplexes. These limits are set annually by HUD and may change.
Do I need a special license to work with an FHA loan specialist in Massachusetts?
Yes. All mortgage loan originators in Massachusetts must hold a valid license from the Division of Banks. They must also pass a criminal background check and complete continuing education courses each year.