Athens FHA Loan Rates, Closing Costs & Stats

Athens, TX

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Athens's 55 lenders originated 243 FHA loans during 2024. The total origination value was $56,445,000, with an average FHA loan value of $232,284.

    Athens FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Athens averaged 6.66% for the week of 2025-04-11, compared to the national average (all FHA variants) of 6.429% for the same period.

    Athens's average FHA mortgage closing costs are $8,589.

    The average rate for the prior week (2025-04-04) was 6.69% and one month ago for the week of 2025-03-07, the average rate was 6.65%.

    The average rate one year ago was 7.2%.

    For refis of the same type during the week of 2025-04-11, the average rate was 6.71%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Athens FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Athens level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 32 6.75% $12,182
    DHI MORTGAGE COMPANY, LTD. 19 5.09% $6,575
    UNITED WHOLESALE MORTGAGE, LLC 15 6.43% $11,537
    CARDINAL FINANCIAL 13 6.48% $11,822
    QUICKEN LOANS, LLC 12 6.45% $9,848
    LOANDEPOT.COM, LLC 9 7.21% $9,856
    CROSSCOUNTRY MORTGAGE, LLC 8 6.15% $12,206
    CMG MORTGAGE, INC. 8 7.31% $11,838
    GUILD MORTGAGE COMPANY 7 6.91% $11,020
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 6 7.08% $13,447
    WILLOW BEND MORTGAGE COMPANY, LLC 6 6.60% $13,129
    HALLMARK HOME MORTGAGE, LLC 5 6.80% $10,297
    BROKER SOLUTIONS, INC. 5 7.27% $11,789
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 6.65% $5,755
    FREEDOM MORTGAGE CORPORATION 3 6.21% $8,181
    AFFORDABLE MORTGAGE ADVISORS, LLC. 3 7.13% $11,430
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 3 7.08% $8,176
    CANOPY MORTGAGE, LLC 3 6.21% $14,545
    Equity Prime Mortgage LLC 3 7.71% $9,429
    EVERETT FINANCIAL, INC. 3 6.42% $11,396
    INTEGRITY MORTGAGE CORPORATION OF TEXAS 3 6.46% $14,506
    MORTGAGE FINANCIAL SERVICES, LLC 3 7.25% $12,026
    S1L, Inc. 3 6.92% $9,636
    SUMMIT FUNDING, INC. 3 6.29% $10,265
    AMERICAN FINANCIAL NETWORK, INC. 2 7.31% $10,990
    SFMC, LP 2 7.31% $14,575
    Nations Lending Corporation 2 7.06% $7,065
    Ixonia Bank 2 7.25% $9,617
    LAKEVIEW LOAN SERVICING, LLC 2 6.50% $5,086
    Paramount Residential Mortgage Group, Inc. 2 6.44% $9,842
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.44% $14,793
    EUSTIS AND AMERICAN MORTGAGE COMPANY 2 6.63% $7,568
    AmeriHome Mortgage Company, LLC 2 7.06% $6,688
    BancorpSouth 2 7.00% $7,750
    COUNTRYPLACE MORTGAGE, LTD. 2 5.44% $13,897
    VILLAGE CAPITAL MORTGAGE 1 6.88% $3,537
    STANDARD MORTGAGE CORPORATION 1 6.13% $6,508
    ALTRA 1 5.88% $8,079
    T2 FINANCIAL LLC 1 6.13% $11,684
    THE MORTGAGE LINK, INC. 1 6.99% $16,521
    Trinity Oaks Mortgage, LLC 1 6.13% $13,197
    1ST SIGNATURE LENDING, LLC 1 7.00% $15,374
    Gateway First Bank 1 7.88% $10,928
    GUARANTEED RATE AFFINITY, LLC 1 6.63% $17,209
    GENEVA FINANCIAL, LLC 1 6.88% $8,485
    GUARANTEED RATE, INC. 1 6.25% $15,262
    BELEM SERVICING LLC 1 6.99% $10,852
    UNION HOME MORTGAGE CORP. 1 7.75% $9,850
    LOANPEOPLE, LLC 1 7.38% $9,950
    MID AMERICA MORTGAGE, INC. 1 7.63% $7,569
    NATIONS RELIABLE LENDING, LLC 1 5.99% $22,179
    NBH Bank 1 5.25% $9,670
    Prosperity Home Mortgage, LLC 1 5.75% $8,724
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $9,527
    RB MORTGAGE LLC 1 6.50% $8,568

    The top Athens FHA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 32 FHA loans originated. Their average total fees are $12,182, which is $5,607 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Athens FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($6,575), QUICKEN LOANS, LLC ($9,848), UNITED WHOLESALE MORTGAGE, LLC ($11,537), CARDINAL FINANCIAL ($11,822) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($12,182).

    The lowest rate Athens FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.09%), UNITED WHOLESALE MORTGAGE, LLC (6.43%), QUICKEN LOANS, LLC (6.45%), CARDINAL FINANCIAL (6.48%) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.75%).

    Athens FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    ATHENS, TX HENDERSON 2022 $420,680 $538,650 $651,050 $809,150
    ATHENS, TX HENDERSON 2023 $472,030 $604,400 $730,525 $907,900

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Athens (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $259,250 (8.4%) $425,705 (12.7%) 0.00 518
    2018-02-01 $267,450 (11.7%) $437,826 (18.8%) 0.00 528
    2018-03-01 $285,000 (13.0%) $434,648 (14.2%) 0.00 520
    2018-04-01 $287,000 (14.8%) $435,929 (14.4%) 0.00 552
    2018-05-01 $297,700 (17.0%) $445,338 (12.1%) 0.00 557
    2018-06-01 $289,000 (11.5%) $448,794 (14.1%) 0.00 585
    2018-07-01 $275,000 (8.5%) $420,601 (8.2%) 0.00 568
    2018-08-01 $249,725 (-2.9%) $390,540 (-3.8%) 0.00 598
    2018-09-01 $240,000 (-10.8%) $395,800 (-3.1%) 0.00 603
    2018-10-01 $228,475 (-13.5%) $394,289 (-6.6%) 0.00 604
    2018-11-01 $222,750 (-16.6%) $401,770 (-3.6%) 0.00 575
    2018-12-01 $219,900 (-15.1%) $406,422 (0.1%) 0.00 568
    2019-01-01 $222,450 (-14.2%) $416,794 (-2.1%) 0.00 521
    2019-02-01 $234,000 (-12.5%) $405,960 (-7.3%) 0.00 494
    2019-03-01 $250,443 (-12.1%) $420,060 (-3.4%) 0.00 499
    2019-04-01 $257,975 (-10.1%) $418,630 (-4.0%) 0.00 523
    2019-05-01 $271,625 (-8.8%) $409,968 (-7.9%) 0.00 505
    2019-06-01 $275,000 (-4.8%) $411,014 (-8.4%) 0.00 516
    2019-07-01 $269,000 (-2.2%) $409,563 (-2.6%) 0.00 528
    2019-08-01 $263,791 (5.6%) $412,583 (5.6%) 0.00 533
    2019-09-01 $255,977 (6.7%) $411,843 (4.1%) 0.00 530
    2019-10-01 $257,818 (12.8%) $424,780 (7.7%) 0.00 509
    2019-11-01 $258,300 (16.0%) $432,073 (7.5%) 0.00 481
    2019-12-01 $249,125 (13.3%) $384,653 (-5.4%) 0.00 464
    2020-01-01 $238,944 (7.4%) $392,964 (-5.7%) 0.00 421
    2020-02-01 $231,314 (-1.2%) $375,023 (-7.6%) 0.00 440
    2020-03-01 $234,200 (-6.5%) $379,088 (-9.8%) 0.00 452
    2020-04-01 $229,950 (-10.9%) $365,062 (-12.8%) 0.00 466
    2020-05-01 $232,400 (-14.4%) $412,774 (0.7%) 0.00 418
    2020-06-01 $228,675 (-16.9%) $410,018 (-0.2%) 0.00 335
    2020-07-01 $225,000 (-16.4%) $412,576 (0.7%) 0.00 310
    2020-08-01 $229,000 (-13.2%) $452,460 (9.7%) 0.00 309
    2020-09-01 $227,000 (-11.3%) $469,135 (13.9%) 0.00 311
    2020-10-01 $234,500 (-9.0%) $483,568 (13.8%) 0.00 330
    2020-11-01 $237,543 (-8.0%) $499,423 (15.6%) 0.00 339
    2020-12-01 $232,400 (-6.7%) $481,052 (25.1%) 0.00 317
    2021-01-01 $229,400 (-4.0%) $460,067 (17.1%) 0.00 290
    2021-02-01 $244,900 (5.9%) $492,845 (31.4%) 0.00 245
    2021-03-01 $267,175 (14.1%) $462,734 (22.1%) 0.00 214
    2021-04-01 $278,025 (20.9%) $487,406 (33.5%) 0.00 211
    2021-05-01 $289,000 (24.4%) $516,134 (25.0%) 0.00 219
    2021-06-01 $294,475 (28.8%) $585,601 (42.8%) 0.00 236
    2021-07-01 $299,900 (33.3%) $578,615 (40.2%) 0.00 274
    2021-08-01 $359,225 (56.9%) $584,349 (29.2%) 0.00 301
    2021-09-01 $314,900 (38.7%) $544,250 (16.0%) 0.00 319
    2021-10-01 $326,250 (39.1%) $552,873 (14.3%) 0.00 281
    2021-11-01 $310,824 (30.9%) $548,325 (9.8%) 0.00 277
    2021-12-01 $304,248 (30.9%) $526,171 (9.4%) 0.00 267
    2022-01-01 $309,000 (34.7%) $515,777 (12.1%) 0.00 245
    2022-02-01 $342,450 (39.8%) $607,833 (23.3%) 0.00 196
    2022-03-01 $379,750 (42.1%) $707,606 (52.9%) 0.00 203
    2022-04-01 $375,000 (34.9%) $709,613 (45.6%) 0.00 226
    2022-05-01 $377,000 (30.5%) $742,269 (43.8%) 0.00 275
    2022-06-01 $383,000 (30.1%) $777,169 (32.7%) 0.00 348
    2022-07-01 $399,000 (33.0%) $776,563 (34.2%) 0.00 416
    2022-08-01 $388,938 (8.3%) $748,006 (28.0%) 0.00 475
    2022-09-01 $394,562 (25.3%) $758,353 (39.3%) 0.00 489
    2022-10-01 $382,450 (17.2%) $729,232 (31.9%) 0.00 493
    2022-11-01 $374,125 (20.4%) $717,017 (30.8%) 0.00 536
    2022-12-01 $379,000 (24.6%) $732,897 (39.3%) 0.00 488
    2023-01-01 $378,250 (22.4%) $716,545 (38.9%) 0.00 441
    2023-02-01 $385,000 (12.4%) $719,971 (18.5%) 0.00 460
    2023-03-01 $388,750 (2.4%) $727,529 (2.8%) 0.00 498
    2023-04-01 $390,500 (4.1%) $714,360 (0.7%) 0.00 550
    2023-05-01 $396,975 (5.3%) $742,335 (0.0%) 0.00 602
    2023-06-01 $401,200 (4.8%) $801,845 (3.2%) 0.00 631
    2023-07-01 $415,000 (4.0%) $818,927 (5.5%) 0.00 654
    2023-08-01 $399,900 (2.8%) $763,075 (2.0%) 0.00 691
    2023-09-01 $389,000 (-1.4%) $712,536 (-6.0%) 0.00 673
    2023-10-01 $349,500 (-8.6%) $681,702 (-6.5%) 0.00 702
    2023-11-01 $349,600 (-6.6%) $660,162 (-7.9%) 0.00 700
    2023-12-01 $334,890 (-11.6%) $614,695 (-16.1%) 0.00 690
    2024-01-01 $323,470 (-14.5%) $640,944 (-10.6%) 0.00 663
    2024-02-01 $326,100 (-15.3%) $663,462 (-7.9%) 0.00 688
    2024-03-01 $365,950 (-5.9%) $696,393 (-4.3%) 0.00 739
    2024-04-01 $366,925 (-6.0%) $704,618 (-1.4%) 0.00 786
    2024-05-01 $374,700 (-5.6%) $711,115 (-4.2%) 0.00 790
    2024-06-01 $370,500 (-7.7%) $695,930 (-13.2%) 0.00 812
    2024-07-01 $381,500 (-8.1%) $695,220 (-15.1%) 0.00 839
    2024-08-01 $375,000 (-6.2%) $693,698 (-9.1%) 0.00 830
    2024-09-01 $364,125 (-6.4%) $692,610 (-2.8%) 0.00 848
    2024-10-01 $359,225 (2.8%) $680,319 (-0.2%) 0.00 827
    2024-11-01 $350,000 (0.1%) $671,019 (1.6%) 0.00 790
    2024-12-01 $343,750 (2.7%) $643,010 (4.6%) 0.00 757
    2025-01-01 $337,350 (4.3%) $592,497 (-7.6%) 0.00 715
    2025-02-01 $339,250 (4.0%) $631,050 (-4.9%) 0.00 735
    2025-03-01 $349,999 (-4.4%) $625,521 (-10.2%) 0.00 816
    Athens's median listing price for 2025-03-01 was $349,999, a difference of $-15,951 (-4.4%) versus the prior year and $10,749 versus the prior month.

    Athens's median listing price comes in at 0% of the national average.

    Athens's average listing price for 2025-03-01 was $625,521, a difference of $-70,872 (-10.2%) versus the prior year and $-5,529 versus the prior month.

    For the 2025-03-01 period, Athens had 816 MLS listings, a difference of 81 listings (11%) versus the prior month and 77 listings (10%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Athens (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,979 sqft
    2018-02-01 0 days 1,960 sqft
    2018-03-01 0 days 1,994 sqft
    2018-04-01 0 days 2,000 sqft
    2018-05-01 0 days 2,001 sqft
    2018-06-01 0 days 2,000 sqft
    2018-07-01 0 days 1,961 sqft
    2018-08-01 0 days 1,906 sqft
    2018-09-01 0 days 1,827 sqft
    2018-10-01 0 days 1,808 sqft
    2018-11-01 0 days 1,794 sqft
    2018-12-01 0 days 1,770 sqft
    2019-01-01 0 days 1,800 sqft
    2019-02-01 0 days 1,833 sqft
    2019-03-01 0 days 1,901 sqft
    2019-04-01 0 days 1,902 sqft
    2019-05-01 0 days 1,952 sqft
    2019-06-01 0 days 1,944 sqft
    2019-07-01 0 days 1,924 sqft
    2019-08-01 0 days 1,911 sqft
    2019-09-01 0 days 1,875 sqft
    2019-10-01 0 days 1,895 sqft
    2019-11-01 0 days 1,886 sqft
    2019-12-01 0 days 1,867 sqft
    2020-01-01 0 days 1,847 sqft
    2020-02-01 0 days 1,821 sqft
    2020-03-01 0 days 1,817 sqft
    2020-04-01 0 days 1,803 sqft
    2020-05-01 0 days 1,824 sqft
    2020-06-01 0 days 1,821 sqft
    2020-07-01 0 days 1,814 sqft
    2020-08-01 0 days 1,816 sqft
    2020-09-01 0 days 1,779 sqft
    2020-10-01 0 days 1,745 sqft
    2020-11-01 0 days 1,732 sqft
    2020-12-01 0 days 1,693 sqft
    2021-01-01 0 days 1,685 sqft
    2021-02-01 0 days 1,746 sqft
    2021-03-01 0 days 1,748 sqft
    2021-04-01 0 days 1,745 sqft
    2021-05-01 0 days 1,750 sqft
    2021-06-01 0 days 1,798 sqft
    2021-07-01 0 days 1,819 sqft
    2021-08-01 0 days 1,876 sqft
    2021-09-01 0 days 1,789 sqft
    2021-10-01 0 days 1,836 sqft
    2021-11-01 0 days 1,786 sqft
    2021-12-01 0 days 1,756 sqft
    2022-01-01 0 days 1,760 sqft
    2022-02-01 0 days 1,872 sqft
    2022-03-01 0 days 1,852 sqft
    2022-04-01 0 days 1,875 sqft
    2022-05-01 0 days 1,902 sqft
    2022-06-01 0 days 1,851 sqft
    2022-07-01 0 days 1,901 sqft
    2022-08-01 0 days 1,892 sqft
    2022-09-01 0 days 1,900 sqft
    2022-10-01 0 days 1,874 sqft
    2022-11-01 0 days 1,835 sqft
    2022-12-01 0 days 1,862 sqft
    2023-01-01 0 days 1,877 sqft
    2023-02-01 0 days 1,869 sqft
    2023-03-01 0 days 1,900 sqft
    2023-04-01 0 days 1,900 sqft
    2023-05-01 0 days 1,909 sqft
    2023-06-01 0 days 1,957 sqft
    2023-07-01 0 days 1,957 sqft
    2023-08-01 0 days 1,918 sqft
    2023-09-01 0 days 1,870 sqft
    2023-10-01 0 days 1,863 sqft
    2023-11-01 0 days 1,858 sqft
    2023-12-01 0 days 1,830 sqft
    2024-01-01 0 days 1,806 sqft
    2024-02-01 0 days 1,810 sqft
    2024-03-01 0 days 1,846 sqft
    2024-04-01 0 days 1,841 sqft
    2024-05-01 0 days 1,870 sqft
    2024-06-01 0 days 1,884 sqft
    2024-07-01 0 days 1,893 sqft
    2024-08-01 0 days 1,904 sqft
    2024-09-01 0 days 1,903 sqft
    2024-10-01 0 days 1,886 sqft
    2024-11-01 0 days 1,900 sqft
    2024-12-01 0 days 1,883 sqft
    2025-01-01 0 days 1,848 sqft
    2025-02-01 0 days 1,852 sqft
    2025-03-01 0 days 1,829 sqft
    Athens's median listing age (time on market) for 2025-03-01 was 0 days.

    Athens's median square footage for active listings during the 2025-03-01 period was 1,829 sqft. One year prior, the average listing was 1,846 sqft.

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).