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 Texas before hiring.
Showing 11 fha loan specialists in Prosper, TX
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Justin Hill - Eagle Mortgage Company - NMLS# 2009477
202 S Coleman St Suite 300A, Prosper, TX 75078
8173609527
Frendly
2770 W First St Ste 20, Prosper, TX 75078
9727779820
Caprock Home Loans
130 N Preston Rd, Prosper, TX 75078
9729848662
Chris Goodman, SWBC Mortgage
130 N Preston Rd Ste. 235, Prosper, TX 75078
9722654520
Victory Mortgage- Jill Burt
4000 Old Rosebud Ln, Prosper, TX 75078
2145428550
Jubillee Lending Group LLC
130 N Preston Rd #361, Prosper, TX 75078
8775598080
Young Lending - Mortgage Broker - Prosper Texas
130 N Preston Rd Suite 130-422, Prosper, TX 75078
2149072682
Supreme Lending
212 E Broadway St, Prosper, TX 75078
9724795125
Chris Madrid at CapRock Home Loans (NMLS #621454)
130 N Preston Rd, Prosper, TX 75078
2147341531
Horizon Lending Services, LLC
291 S Preston Rd Suite #940, Prosper, TX 75078
9032259881
Private Mortgage Group
130 N Preston Rd Ste 318, Prosper, TX 75078
4693330462
What Does a FHA Loan Specialist in Prosper Cost?
Typical costs for an FHA loan specialist in Prosper Texas 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. Closing costs generally range from 3 to 5 percent of the purchase price. Lender fees may vary between $500 and $1,500. 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 Prosper Texas?
FHA loans typically require a minimum credit score of 580 for a 3.5 percent down payment. Borrowers with scores between 500 and 579 may qualify with a 10 percent down payment. Each lender may set their own requirements above the FHA minimums.
How long does the FHA loan process take in Texas?
The typical FHA loan process in Texas takes 30 to 45 days from application to closing. Texas law requires a 60-day waiting period after a foreclosure before applying for a new FHA loan. The timeline can vary based on appraisal and underwriting.
Are there Texas-specific limits for FHA loans in Prosper?
Yes FHA loan limits for Prosper Texas are based on Collin County. For 2024 the single-family home limit is $498,257. These limits are set by the Federal Housing Administration and may change annually based on local median home prices.