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Find FHA Loan Specialists in Andover, MN

Looking for a fha loan specialist in Andover? Review the directory below to compare your options.

2 agents listed
Updated May 2026
Andover, MN
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 Minnesota before hiring.
Showing 2 fha loan specialists in Andover, MN Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Quality Choice Mortgage
13750 Crosstown Dr NW # 200, Andover, MN 55304
7637543100
American Mortgage & Equity Consultants
2705 Bunker Lake Blvd NW #203, Andover, MN 55304
6129297758

An FHA loan specialist in Andover, Minnesota can help you navigate the Federal Housing Administration loan process. Minnesota has specific laws regarding mortgage lending and property disclosures that a local specialist understands. They assist with credit requirements, down payment assistance programs, and closing procedures for Anoka County properties.

What Does a FHA Loan Specialist in Andover Cost?

Typical costs for an FHA loan specialist in Minnesota include an origination fee of 1% to 1.5% of the loan amount, plus an upfront mortgage insurance premium of 1.75% of the loan. Appraisal fees range from $400 to $700, and credit report fees are about $30 to $50. Closing costs usually total 3% to 5% of the loan amount. 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 does an FHA loan specialist in Andover do?
An FHA loan specialist helps you apply for and close a Federal Housing Administration loan. They review your credit, income, and property details to ensure compliance with FHA rules and Minnesota lending laws. They also guide you through the required property appraisal and inspection process.
What are the FHA loan limits for Andover Minnesota?
For 2025, the FHA loan limit for a single-family home in Anoka County, including Andover, is typically around $498,257. This amount may change annually based on the area median home price. Your specialist can confirm the exact limit for your loan type.
Are there Minnesota-specific requirements for FHA loans?
Yes, Minnesota requires sellers to complete a disclosure statement about property conditions and lead paint. FHA loans also require a property to meet minimum safety and livability standards. A local specialist ensures these Minnesota rules are followed during the loan process.