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 Wisconsin before hiring.
Showing 5 fha loan specialists in Shorewood, WI
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
CMG Home Loans- Cole Heinrich
1200 E Capitol Dr UNIT 220, Shorewood, WI 53211
4147583151
Rachel E Russell - CMG Home Loans Mortgage Loan Officer NMLS# 249306
1200 E Capitol Dr UNIT 220, Shorewood, WI 53211
2629532470
John Whitehead
1200 E Capitol Dr UNIT 220, Shorewood, WI 53211
4148674217
Nicole Baraniak - CMG Home Loans Mortgage Loan Officer NMLS# 262794
1200 E Capitol Dr UNIT 220, Shorewood, WI 53211
2629532472
Todd Langeness -CMG Home Loans Mortgage Loan Officer NMLS# 248695
1200 E Capitol Dr UNIT 220, Shorewood, WI 53211
2629532480
What Does a FHA Loan Specialist in Shorewood Cost?
Typical costs for an FHA loan specialist in Wisconsin include an origination fee of 1% of the loan amount, which is often rolled into the loan. Appraisal fees range from $500 to $700, and credit report fees are around $30 to $50. Closing costs for an FHA loan in Shorewood generally total 2% to 5% of the purchase price. 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 in Shorewood do?
An FHA loan specialist guides you through FHA loan requirements, including credit score minimums and debt-to-income ratios. They help you complete the application and ensure compliance with Wisconsin lending laws. They do not provide legal advice or represent you in court.
What are the FHA loan limits for Shorewood Wisconsin?
For 2024, the FHA loan limit for a single-family home in Milwaukee County, including Shorewood, is $498,257. This limit applies to standard FHA loans and may be higher for duplexes or triplexes. Limits are set by the Department of Housing and Urban Development.
Are there Wisconsin specific rules for FHA loans?
Yes, Wisconsin requires all mortgage loan originators to hold a valid license under Chapter 224 of the Wisconsin Statutes. Additionally, FHA loans in Wisconsin must comply with state foreclosure laws, which include a 12-month redemption period after a sheriff sale.