Find FHA Loan Specialists in Buffalo, NY
Compare fha loan specialists in Buffalo. Review contact information and insurance categorys before you decide.
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 New York before hiring.
Showing 8 fha loan specialists in Buffalo, 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.
What Does a FHA Loan Specialist in Buffalo Cost?
FHA loan specialists in New York typically charge a loan origination fee of 0.5 to 1.5 percent of the loan amount. For a $200,000 loan this fee ranges from $1,000 to $3,000. Other costs include appraisal fees around $500 to $700 and mortgage insurance premiums. 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 Buffalo?
An FHA loan specialist guides you through the FHA loan process from application to closing. They help you understand credit score requirements and down payment options. They also ensure compliance with New York state lending regulations.
What are the FHA loan limits for Buffalo New York?
For 2024 the FHA loan limit for a single family home in Erie County is $498,257. This limit may change each year based on median home prices. A specialist can confirm the current limit for your specific property.
Do I need a certain credit score for an FHA loan in New York?
The minimum credit score for an FHA loan is typically 580 for a 3.5 percent down payment. With a score between 500 and 579 you may need a 10 percent down payment. New York does not have additional state credit score requirements beyond federal FHA rules.