FHA Loan Specialists in Hopkinton, MA
Looking for a fha loan specialist in Hopkinton? Review the directory below to compare your options.
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
State Mortgage Licensing Authority of Massachusetts before hiring.
Showing 8 fha loan specialists in Hopkinton, 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.
An FHA loan specialist in Hopkinton Massachusetts helps home buyers navigate government-backed mortgages with lower down payments and flexible credit requirements. Massachusetts law requires all mortgage loan originators to be licensed through the Division of Banks. Hopinton residents often use FHA loans for single-family homes and condos in Middlesex County.
What Does a FHA Loan Specialist in Hopkinton Cost?
Typical costs for an FHA loan in Massachusetts include an upfront mortgage insurance premium of 1.75% of the loan amount and annual mortgage insurance premiums between 0.45% and 1.05%. Closing costs in Hopkinton generally range from 2% to 5% of the purchase price. These costs vary by lender and property. 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 FHA loan limits for Hopkinton Massachusetts?
FHA loan limits for Middlesex County in 2025 are typically between $498,257 and $1,149,825 depending on property type. These limits are set by the Department of Housing and Urban Development and may change annually.
Do I need a special license to work with an FHA specialist in Massachusetts?
Yes. All mortgage loan originators in Massachusetts must hold a valid license from the Division of Banks. You can verify a specialist license through the Nationwide Multistate Licensing System.
Can I use an FHA loan for a second home in Hopkinton?
No. FHA loans are only for primary residences. You must occupy the property as your main home within 60 days of closing. This rule applies to all Massachusetts FHA loans.