An FHA loan specialist in Summerville South Carolina helps homebuyers secure mortgages insured by the Federal Housing Administration. South Carolina law requires all mortgage loan originators to be licensed through the Nationwide Multistate Licensing System. Local specialists understand the Charleston area housing market and can guide you through FHA loan limits which for 2025 in Dorchester County are set at the standard floor of $498,257 for a single family home.
What Does a FHA Loan Specialist in Summerville Cost?
Typical costs for an FHA loan in South Carolina include an upfront mortgage insurance premium of 1.75 percent of the loan amount and an annual premium of 0.55 percent to 0.85 percent depending on loan term and down payment. Lender origination fees range from 0.5 percent to 1.0 percent of the loan amount. Third party costs such as appraisal title and recording fees add 3000 to 5000 dollars. These figures are general information and do not constitute 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.
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FHA Loan Specialists in Other South Carolina Cities
Aiken · Anderson · Beaufort · Bluffton · Boiling Springs · Chapin · Charleston · Clemson · Columbia · Conway · Daniel Island · Easley · Elgin · Florence · Fort Mill