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 New Jersey before hiring.
Showing 9 fha loan specialists in Springfield, 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.
Sweet Lou Schornstein - Prime Time Mortgage Corp.
275 US-22 floor 2, Springfield, NJ 07081
9736991983
Michael Santos - Licensed Originator NMLS 199875
140 Mountain Ave, Springfield, NJ 07081
9082966608
PTMC-MORTGAGE LOANS
275 US-22, Springfield, NJ 07081
9735440708
Nazariy Kachan - MLB Residential Lending
841 Mountain Ave Suite 400, Springfield, NJ 07081
8625760585
MLB Residential Lending LLC
841 Mountain Ave Suite 400, Springfield, NJ 07081
7322430140
Camila Brum
275 US-22, Springfield, NJ 07081
9734358200
Central Jersey Mortgage Corp. NMLS# 219701
1 Cornell Pkwy, Springfield, NJ 07081
8008430058
Claudia Nogan, MLB Residential Lending
51 Commerce St #101, Springfield, NJ 07081
9083862232
Luisa Salazar
140 Mountain Ave # 101, Springfield, NJ 07081
9086257076
What Does a FHA Loan Specialist in Springfield Cost?
Typical costs for an FHA loan specialist in New Jersey include an upfront mortgage insurance premium of 1.75% of the loan amount and a monthly mortgage insurance premium of 0.55% to 0.85% of the loan balance. Origination fees range from 0.5% to 1% of the loan amount. Appraisal fees in Springfield are usually $500 to $700. Closing costs vary but often total 3% to 5% of the purchase price. 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 does an FHA loan specialist do in Springfield New Jersey?
An FHA loan specialist helps borrowers understand FHA loan requirements and guides them through the application process. They assist with documentation, credit issues, and property appraisal requirements specific to New Jersey. They also ensure compliance with New Jersey Department of Banking and Insurance rules.
What are the FHA loan limits for Springfield New Jersey?
FHA loan limits for Springfield in Union County are based on the county median home price. For 2025 the single family home limit is typically around $766,000 for high cost areas. A specialist can confirm the exact current limit for your specific property.
How long does the FHA loan process take in New Jersey?
The FHA loan process in New Jersey usually takes 30 to 45 days from application to closing. Delays can occur if additional documentation is needed or if the property requires repairs. New Jersey law requires a three day rescission period after signing loan documents.