FHA Loan Specialists in Minnetonka, MN
Browse fha loan specialists serving Minnetonka, Minnesota. Contact information and addresses listed below.
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 Minnesota before hiring.
Showing 20 fha loan specialists in Minnetonka, 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.
What Does a FHA Loan Specialist in Minnetonka Cost?
Typical costs for an FHA loan specialist in Minnesota include an origination fee of 1% to 1.5% of the loan amount and an upfront mortgage insurance premium of 1.75% of the loan amount. Annual mortgage insurance premiums range from 0.45% to 1.05% depending on loan terms. Some specialists charge flat fees between $500 and $1,500 for processing. Costs vary by lender and loan complexity. 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 do in Minnetonka?
An FHA loan specialist helps you understand FHA loan requirements complete your application and gather necessary documents. They also explain Minnesota specific rules such as the state required home inspection disclosures and property condition standards.
What are the FHA loan limits for Minnetonka Minnesota?
For 2024 the FHA loan limit for a single-family home in Hennepin County is $498,257. Limits increase for duplexes triplexes and fourplexes. These limits are set by the U.S. Department of Housing and Urban Development and apply to Minnetonka.