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Showing 3 fha loan specialists in Englewood Cliffs, NJ
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Time Mortgage
333 Sylvan Ave # 310, Englewood Cliffs, NJ 07632
2015670101
Juan Torres Branch Manager at Loan Depot
701 E Palisade Ave Suite 202, Englewood Cliffs, NJ 07632
2019259830
Nicholas Pereira
701 E Palisade Ave, Englewood Cliffs, NJ 07632
5512285336
What Does a FHA Loan Specialist in Englewood Cliffs Cost?
Typical costs for an FHA loan specialist in New Jersey include an origination fee of 1 to 2 percent of the loan amount, plus third-party fees for appraisal and credit report. The upfront mortgage insurance premium is 1.75 percent of the loan amount, and annual MIP ranges from 0.45 to 1.05 percent. Costs vary by lender and loan size. 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 are the FHA loan limits for Englewood Cliffs in 2025?
For 2025, the FHA loan limit for a single-family home in Bergen County is $1,149,825. This is the maximum amount an FHA loan can cover for a standard purchase in this high-cost area.
Do I need a special license to be an FHA loan specialist in New Jersey?
Yes, all mortgage loan originators in New Jersey must hold a valid license through the NMLS. They must also complete continuing education and pass a criminal background check as required by the New Jersey Department of Banking and Insurance.
What is the minimum down payment for an FHA loan in New Jersey?
The minimum down payment for an FHA loan is 3.5 percent of the purchase price if your credit score is 580 or higher. If your credit score is between 500 and 579, you may need a 10 percent down payment.