Find FHA Loan Specialists in Providence, RI
Looking for a fha loan specialist in Providence? Review the directory below to compare your options.
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 20 fha loan specialists in Providence, 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.
What Does a FHA Loan Specialist in Providence Cost?
Typical costs for an FHA loan specialist in Rhode Island include an origination fee of 1 percent of the loan amount and an upfront mortgage insurance premium of 1.75 percent of the base loan amount. Annual mortgage insurance premiums range from 0.45 to 1.05 percent of the loan balance. Third-party costs such as appraisal and title fees vary by provider. 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 Providence?
An FHA loan specialist helps borrowers understand FHA loan requirements, pre-qualify for a mortgage, and complete the application process. They work with lenders to ensure the property meets FHA minimum property standards. In Rhode Island, specialists also coordinate with local appraisers familiar with Providence neighborhoods.
What are the FHA loan limits for Providence Rhode Island?
For 2024, the FHA loan limit for a single-family home in Providence County is $498,257. This limit applies to most areas in Providence. Higher limits may apply for multi-unit properties. An FHA specialist can confirm the exact limit for your specific property.
How long does the FHA loan process take in Rhode Island?
The FHA loan process in Rhode Island typically takes 30 to 45 days from application to closing. This timeline includes property appraisal, underwriting, and final approval. Delays can occur if the property requires repairs to meet FHA standards or if additional documentation is needed.