Find FHA Loan Specialists in Aberdeen, SD
Looking for a fha loan specialist in Aberdeen? 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 South Dakota before hiring.
Showing 19 fha loan specialists in Aberdeen, SD
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 Aberdeen South Dakota helps borrowers secure mortgages insured by the Federal Housing Administration. These loans are popular in South Dakota due to lower down payment requirements and flexible credit standards. Local specialists understand the unique housing market in Brown County and can guide you through South Dakota specific property eligibility rules.
What Does a FHA Loan Specialist in Aberdeen Cost?
Typical costs for FHA loan services in South Dakota include an origination fee of 0.5 to 1.0 percent of the loan amount and third party fees for appraisal credit report and title search totaling around $2,000 to $4,000. The upfront mortgage insurance premium of 1.75 percent is usually added to the loan balance. Costs vary by lender and loan size. This is general information 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 Aberdeen South Dakota?
For 2025 the FHA loan limit for a single family home in Brown County is $498,257. This limit applies to most areas in South Dakota and is adjusted annually based on median home prices.
Do I need a minimum credit score for an FHA loan in South Dakota?
The minimum credit score for an FHA loan is typically 580 with a 3.5 percent down payment. Borrowers with scores between 500 and 579 may qualify with a 10 percent down payment. Each lender may have additional requirements.
FHA Loan Specialists in Other South Dakota Cities
Brookings · Rapid City · Sioux Falls · Watertown