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Compare FHA Loan Specialists in Orchard Lake Village, MI

Directory of fha loan specialists in Orchard Lake Village, Michigan. Verify credentials with the state mortgage licensing authority before hiring.

2 agents listed
Updated May 2026
Orchard Lake Village, MI
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 Michigan before hiring.
Showing 2 fha loan specialists in Orchard Lake Village, 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.
Chase Home Lending
4150 Orchard Lake Rd, Orchard Lake Village, MI 48323
2489911579
David M. Swimmer - Chase Home Lending Advisor - NMLS ID 21215
4150 Orchard Lake Rd, Orchard Lake Village, MI 48323
2489911579

Orchard Lake Village home buyers and refinancers can work with FHA loan specialists to secure government-backed mortgages with lower down payments. Michigan law requires all mortgage loan originators to be licensed through the Department of Insurance and Financial Services (DIFS). Specialists in Orchard Lake Village understand local property values and Oakland County appraisal guidelines.

What Does a FHA Loan Specialist in Orchard Lake Village Cost?

Typical costs for an FHA loan specialist in Michigan include an origination fee of 1% of the loan amount, a mortgage insurance premium (MIP) of 1.75% upfront, and an annual MIP of 0.55% to 0.85% of the loan balance. Appraisal fees in Oakland County range from $500 to $700. Closing costs generally total 2% to 5% of the loan amount. 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 is an FHA loan specialist in Orchard Lake Village?
An FHA loan specialist is a licensed mortgage professional who helps borrowers apply for Federal Housing Administration insured loans. They guide clients through Michigan specific requirements, including property condition standards and income verification for Oakland County.
What are the minimum property requirements for an FHA loan in Michigan?
FHA loans require the property to meet minimum standards for safety, security, and soundness. In Michigan, this includes a functional heating system, safe water supply, and no peeling lead based paint for homes built before 1978.
How long does the FHA loan process take in Orchard Lake Village?
The typical FHA loan process takes 30 to 45 days from application to closing. Michigan law requires a three day right of rescission for refinances, which can add time. Delays may occur if the property needs repairs to meet FHA standards.