Compare FHA Loan Specialists in Birmingham, MI
Directory of fha loan specialists in Birmingham, Michigan. Verify credentials with the state state mortgage licensing authority before hiring.
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 Michigan before hiring.
Showing 12 fha loan specialists in Birmingham, MI
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
What Does a FHA Loan Specialist in Birmingham Cost?
Typical costs for an FHA loan specialist in Michigan include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.55 percent to 0.85 percent. Closing costs in Birmingham usually range from 3 to 5 percent of the purchase price. Lender fees vary from 500 to 1,500 dollars. 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 the FHA loan limits for Birmingham Michigan in 2025?
For 2025 the FHA loan limit for a single family home in Oakland County including Birmingham is $498,257. This limit applies to standard FHA loans and may be higher for duplexes or triplexes. Limits are set by HUD and updated annually.
What Michigan specific rules apply to FHA loans?
Michigan requires lenders to provide a Good Faith Estimate and a HUD 1 Settlement Statement under state law. The Michigan Department of Insurance and Financial Services regulates FHA lenders. Borrowers must also meet Michigan property condition standards for FHA appraisals.