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Showing 3 fha loan specialists in Bellefonte, PA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Penn State Federal Credit Union
123 Amberleigh Ln, Bellefonte, PA 16823
8008284636
First National Bank
137 N Allegheny St, Bellefonte, PA 16823
8143570121
Northwest Bank
1127 Zion Rd, Bellefonte, PA 16823
8143531222
What Does a FHA Loan Specialist in Bellefonte Cost?
Typical costs for an FHA loan in Pennsylvania include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.55 to 0.85 percent. Closing costs generally range from 2 to 5 percent of the purchase price. Third party fees for appraisal and credit report may add $500 to $1,000. 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 in Bellefonte do?
An FHA loan specialist helps borrowers understand FHA loan requirements and complete the application process. They review credit scores and income to determine eligibility. They also explain Pennsylvania specific rules about mortgage recording taxes and transfer taxes.
What are the FHA loan limits for Bellefonte Pennsylvania?
FHA loan limits for Centre County in 2024 are between $498,257 and $572,650 for a single family home. These limits are set by the Department of Housing and Urban Development and change annually. A local specialist can confirm the exact limit for your specific property.
How long does the FHA loan process take in Pennsylvania?
The typical FHA loan process takes 30 to 45 days from application to closing. Pennsylvania law requires a 3 day right of rescission period after signing loan documents. Delays can occur if additional documentation is needed from the borrower.