Compare FHA Loan Specialists in Lincoln, RI
Browse fha loan specialists serving Lincoln, Rhode Island. Contact information and addresses listed below.
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 Rhode Island before hiring.
Showing 6 fha loan specialists in Lincoln, RI
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
An FHA loan specialist in Lincoln, Rhode Island can help you navigate the Federal Housing Administration loan process. Rhode Island has specific state laws regarding mortgage lending and property transfer taxes that may affect your FHA loan. Local specialists understand the Lincoln real estate market and can guide you through Rhode Island required disclosures and closing procedures.
What Does a FHA Loan Specialist in Lincoln Cost?
Typical costs for an FHA loan specialist in Rhode Island include an origination fee of 1 percent of the loan amount, which is often capped at $5,000. Appraisal fees range from $500 to $700. Closing costs in Rhode Island average 3 to 5 percent of the purchase price. These costs vary by lender and loan amount. 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 are the FHA loan limits for Lincoln Rhode Island in 2025?
For 2025, the FHA loan limit for a single-family home in Providence County which includes Lincoln is $498,257. Higher limits apply for multi-unit properties. These limits are set by HUD and may change annually.
What credit score is needed for an FHA loan in Rhode Island?
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. Rhode Island does not have additional state credit requirements beyond federal FHA rules.
Are there Rhode Island specific requirements for FHA loans?
Rhode Island requires a property transfer tax of 0.5 percent on the first $500,000 and 1.0 percent on amounts over $500,000. The state also mandates a lead hazard disclosure for homes built before 1978. FHA loans in Rhode Island must comply with both federal and state consumer protection laws.