Compare FHA Loan Specialists in Scranton, PA
Directory of fha loan specialists in Scranton, Pennsylvania. Verify credentials with the state state mortgage licensing authority before hiring.
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 Pennsylvania before hiring.
Showing 12 fha loan specialists in Scranton, 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.
What Does a FHA Loan Specialist in Scranton Cost?
Typical costs for an FHA loan in Pennsylvania include an upfront mortgage insurance premium of 1.75 percent of the loan amount, plus an annual mortgage insurance premium of 0.55 to 0.85 percent. Closing costs in Scranton usually range from 2 to 5 percent of the purchase price. Lender fees may include an origination fee of 0.5 to 1 percent. 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 credit score is needed for an FHA loan in Scranton?
The minimum credit score for an FHA loan is 580 with a 3.5 percent down payment. Borrowers with scores between 500 and 579 may qualify with a 10 percent down payment. Pennsylvania lenders may have additional requirements beyond the FHA minimums.
Are there FHA loan limits for Scranton Pennsylvania?
Yes, FHA loan limits vary by county. For 2024 in Lackawanna County, the FHA loan limit for a single-family home is $498,257. This limit applies to standard FHA loans and may be higher in high-cost areas.
How do I find an FHA loan specialist in Scranton?
You can search the Nationwide Mortgage Licensing System database for licensed loan originators in Pennsylvania. Local banks and credit unions in Scranton also offer FHA loans. Check that the specialist is licensed in Pennsylvania and has experience with FHA programs.