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Compare FHA Loan Specialists in Babylon, NY

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

2 agents listed
Updated May 2026
Babylon, NY
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 York before hiring.
Showing 2 fha loan specialists in Babylon, NY Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Cross Country Mortgage, Babylon Branch
18 Deer Park Ave, Babylon, NY 11702
6315788523
Abraham Ohanian - Contour Mortgage
116 W Main St, Babylon, NY 11702
5168523761

FHA loan specialists in Babylon New York help homebuyers secure government-backed mortgages with lower down payments. New York law requires all mortgage loan originators to be licensed through the Department of Financial Services. Babylon buyers often use FHA loans for homes in Suffolk County with a 3.5 percent minimum down payment.

What Does a FHA Loan Specialist in Babylon Cost?

Typical costs for an FHA loan specialist in New York include an origination fee of 1 to 2 percent of the loan amount and an upfront mortgage insurance premium of 1.75 percent. Annual mortgage insurance premiums range from 0.45 to 1.05 percent of the loan balance. Closing costs in Suffolk County usually total 2 to 5 percent 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 is an FHA loan specialist in Babylon?
An FHA loan specialist is a licensed mortgage professional who guides borrowers through the FHA loan process. They help with credit requirements, property appraisals, and New York specific closing procedures.
What are the FHA loan limits for Babylon New York?
For 2024 the FHA loan limit for a single family home in Suffolk County is $1,149,825. This high limit reflects the local housing market and applies to Babylon properties.
Do I need a special license for FHA loans in New York?
Yes. All mortgage loan originators in New York must hold a valid license from the New York State Department of Financial Services. This includes FHA loan specialists operating in Babylon.