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 4 fha loan specialists in Ballston Lake, 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.
Launch Financial Group
331 Ushers Rd, Ballston Lake, NY 12019
8442983727
Paul Hurley - M&T Bank
313 Ushers Rd, Ballston Lake, NY 12019
5188773573
Jim Morahan - M&T Bank
313 Ushers Rd, Ballston Lake, NY 12019
5188773566
think mortgage
331 Ushers Rd Suite 106, Ballston Lake, NY 12019
6464605676
What Does a FHA Loan Specialist in Ballston Lake Cost?
Typical costs for an FHA loan specialist in New York include an origination fee of 1% to 1.5% of the loan amount. The upfront mortgage insurance premium is 1.75% of the loan. Annual mortgage insurance premiums range from 0.45% to 1.05% of the loan balance. 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 does an FHA loan specialist do in Ballston Lake?
An FHA loan specialist guides you through the FHA loan process. They help with pre-approval, document preparation, and understanding New York specific property requirements. They also ensure the loan meets FHA and state guidelines.
What are the FHA loan limits for Ballston Lake New York?
FHA loan limits for Ballston Lake follow the standard limits for Saratoga County. In 2024 the limit for a single-family home is $498,257. Higher limits apply for multi-unit properties.
Do I need a special license to be an FHA loan specialist in New York?
Yes. All FHA loan specialists in New York must hold a Mortgage Loan Originator license from the New York Department of Financial Services. They must also complete continuing education each year.