Beeville FHA Loan Rates, Closing Costs & Stats

Beeville, 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.

    Beeville's 17 lenders originated 43 FHA loans during 2023. The total origination value was $8,585,000, with an average FHA loan value of $199,651.

    Beeville FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Beeville averaged 0.11% for the week of 2024-11-15, compared to the national average (all FHA variants) of 0% for the same period.

    Beeville's average FHA mortgage closing costs are $7,692.

    The average rate for the prior week (2024-11-08) was 6.72% and one month ago for the week of 2024-10-11, the average rate was 6.63%.

    The average rate one year ago was 7.57%.

    For refis of the same type during the week of 2024-11-15, the average rate was -0.1%.

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

    Beeville 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 Beeville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 13 7.04% $10,828
    PILGRIM MORTGAGE LLC 4 7.66% $7,238
    CMG MORTGAGE, INC. 2 6.75% $10,707
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 7.06% $9,048
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.56% $17,941
    CARDINAL FINANCIAL 2 6.94% $11,558
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.81% $5,966
    PLAZA HOME MORTGAGE, INC. 1 6.75% $9,847
    WILLOW BEND MORTGAGE COMPANY, LLC 1 7.13% $12,487
    BAY-VALLEY MORTGAGE GROUP 1 7.25% $15,255
    ZILLOW HOME LOANS, LLC 1 6.25% $7,027
    CANOPY MORTGAGE, LLC 1 7.63% $15,418
    CROSSCOUNTRY MORTGAGE, LLC 1 7.38% $9,362
    Hamilton Mortgage Corporation 1 7.13% $7,884
    LEGEND LENDING CORPORATION 1 6.75% $11,294
    NATIONS RELIABLE LENDING, LLC 1 6.75% $13,810
    NFM, INC. 1 6.63% $11,199

    The top Beeville FHA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 13 FHA loans originated. Their average total fees are $10,828, which is $3,590 higher than the next largest lender, PILGRIM MORTGAGE LLC.

    The lowest fee Beeville FHA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY ($10,828), .

    The lowest rate Beeville FHA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY (7.04%), .

    Beeville FHA Loan Limits

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Beeville (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 $149,900 (-1.5%) $188,339 (-1.5%) 0.00 107
    2018-02-01 $144,000 (1.3%) $175,312 (-4.8%) 0.00 97
    2018-03-01 $138,700 (-1.2%) $178,854 (-5.4%) 0.00 95
    2018-04-01 $146,475 (3.6%) $181,287 (-5.8%) 0.00 91
    2018-05-01 $153,250 (6.1%) $184,382 (-2.2%) 0.00 100
    2018-06-01 $148,563 (3.8%) $181,582 (-0.3%) 0.00 104
    2018-07-01 $148,000 (3.3%) $182,284 (0.9%) 0.00 112
    2018-08-01 $147,781 (1.6%) $186,374 (0.8%) 0.00 112
    2018-09-01 $144,250 (3.0%) $181,749 (1.0%) 0.00 112
    2018-10-01 $140,800 (4.0%) $180,254 (4.9%) 0.00 97
    2018-11-01 $144,375 (11.1%) $186,217 (13.4%) 0.00 90
    2018-12-01 $145,500 (4.0%) $201,262 (13.2%) 0.00 83
    2019-01-01 $154,450 (3.0%) $217,109 (15.3%) 0.00 82
    2019-02-01 $149,750 (4.0%) $223,036 (27.2%) 0.00 83
    2019-03-01 $153,757 (10.9%) $226,890 (26.9%) 0.00 85
    2019-04-01 $159,500 (8.9%) $231,030 (27.4%) 0.00 89
    2019-05-01 $161,250 (5.2%) $239,189 (29.7%) 0.00 85
    2019-06-01 $158,000 (6.4%) $229,947 (26.6%) 0.00 85
    2019-07-01 $158,375 (7.0%) $229,015 (25.6%) 0.00 87
    2019-08-01 $151,145 (2.3%) $215,141 (15.4%) 0.00 85
    2019-09-01 $142,064 (-1.5%) $204,225 (12.4%) 0.00 82
    2019-10-01 $135,000 (-4.1%) $197,817 (9.7%) 0.00 80
    2019-11-01 $130,850 (-9.4%) $196,237 (5.4%) 0.00 82
    2019-12-01 $128,850 (-11.4%) $194,016 (-3.6%) 0.00 79
    2020-01-01 $129,225 (-16.3%) $198,631 (-8.5%) 0.00 80
    2020-02-01 $129,900 (-13.3%) $209,960 (-5.9%) 0.00 81
    2020-03-01 $140,900 (-8.4%) $206,531 (-9.0%) 0.00 80
    2020-04-01 $145,450 (-8.8%) $198,830 (-13.9%) 0.00 76
    2020-05-01 $149,900 (-7.0%) $215,444 (-9.9%) 0.00 74
    2020-06-01 $152,500 (-3.5%) $227,825 (-0.9%) 0.00 74
    2020-07-01 $148,600 (-6.2%) $221,765 (-3.2%) 0.00 74
    2020-08-01 $139,500 (-7.7%) $216,851 (0.8%) 0.00 75
    2020-09-01 $139,125 (-2.1%) $213,475 (4.5%) 0.00 74
    2020-10-01 $139,900 (3.6%) $208,958 (5.6%) 0.00 67
    2020-11-01 $139,900 (6.9%) $215,538 (9.8%) 0.00 66
    2020-12-01 $139,700 (8.4%) $200,593 (3.4%) 0.00 66
    2021-01-01 $142,450 (10.2%) $187,914 (-5.4%) 0.00 56
    2021-02-01 $142,450 (9.7%) $184,477 (-12.1%) 0.00 54
    2021-03-01 $144,450 (2.5%) $185,794 (-10.0%) 0.00 45
    2021-04-01 $178,425 (22.7%) $233,225 (17.3%) 0.00 41
    2021-05-01 $187,950 (25.4%) $278,468 (29.3%) 0.00 44
    2021-06-01 $205,200 (34.6%) $297,655 (30.7%) 0.00 40
    2021-07-01 $225,000 (51.4%) $269,149 (21.4%) 0.00 43
    2021-08-01 $209,950 (50.5%) $266,420 (22.9%) 0.00 49
    2021-09-01 $200,000 (43.8%) $259,046 (21.4%) 0.00 55
    2021-10-01 $192,500 (37.6%) $268,667 (28.6%) 0.00 63
    2021-11-01 $193,725 (38.5%) $270,327 (25.4%) 0.00 59
    2021-12-01 $209,825 (50.2%) $283,390 (41.3%) 0.00 59
    2022-01-01 $194,750 (36.7%) $272,231 (44.9%) 0.00 57
    2022-02-01 $190,000 (33.4%) $261,520 (41.8%) 0.00 59
    2022-03-01 $192,250 (33.1%) $264,639 (42.4%) 0.00 59
    2022-04-01 $195,000 (9.3%) $267,197 (14.6%) 0.00 56
    2022-05-01 $199,963 (6.4%) $259,151 (-6.9%) 0.00 50
    2022-06-01 $185,500 (-9.6%) $225,287 (-24.3%) 0.00 47
    2022-07-01 $195,000 (-13.3%) $231,777 (-13.9%) 0.00 57
    2022-08-01 $198,000 (-5.7%) $241,006 (-9.5%) 0.00 63
    2022-09-01 $191,250 (-4.4%) $247,263 (-4.6%) 0.00 61
    2022-10-01 $179,180 (-6.9%) $246,121 (-8.4%) 0.00 65
    2022-11-01 $187,240 (-3.4%) $244,374 (-9.6%) 0.00 66
    2022-12-01 $190,000 (-9.5%) $251,287 (-11.3%) 0.00 72
    2023-01-01 $190,000 (-2.4%) $248,919 (-8.6%) 0.00 81
    2023-02-01 $207,320 (9.1%) $265,417 (1.5%) 0.00 80
    2023-03-01 $194,520 (1.2%) $257,918 (-2.5%) 0.00 81
    2023-04-01 $192,000 (-1.5%) $249,796 (-6.5%) 0.00 83
    2023-05-01 $189,815 (-5.1%) $244,526 (-5.6%) 0.00 88
    2023-06-01 $185,000 (-0.3%) $246,511 (9.4%) 0.00 84
    2023-07-01 $200,600 (2.9%) $263,401 (13.6%) 0.00 90
    2023-08-01 $199,250 (0.6%) $263,551 (9.4%) 0.00 89
    2023-09-01 $215,000 (12.4%) $272,102 (10.1%) 0.00 97
    2023-10-01 $203,050 (13.3%) $264,434 (7.4%) 0.00 95
    2023-11-01 $229,000 (22.3%) $283,294 (15.9%) 0.00 85
    2023-12-01 $225,000 (18.4%) $269,920 (7.4%) 0.00 87
    2024-01-01 $224,875 (18.4%) $262,740 (5.6%) 0.00 87
    2024-02-01 $206,725 (-0.3%) $249,329 (-6.1%) 0.00 94
    2024-03-01 $185,000 (-4.9%) $238,893 (-7.4%) 0.00 100
    2024-04-01 $205,975 (7.3%) $252,918 (1.3%) 0.00 94
    2024-05-01 $202,474 (6.7%) $258,302 (5.6%) 0.00 95
    2024-06-01 $193,000 (4.3%) $244,856 (-0.7%) 0.00 103
    2024-07-01 $198,950 (-0.8%) $252,020 (-4.3%) 0.00 94
    2024-08-01 $198,000 (-0.6%) $239,292 (-9.2%) 0.00 87
    2024-09-01 $198,250 (-7.8%) $232,235 (-14.7%) 0.00 88
    2024-10-01 $183,000 (-9.9%) $223,398 (-15.5%) 0.00 87
    Beeville's median listing price for 2024-10-01 was $183,000, a difference of $-20,050 (-9.9%) versus the prior year and $-15,250 versus the prior month.

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

    Beeville's average listing price for 2024-10-01 was $223,398, a difference of $-41,036 (-15.5%) versus the prior year and $-8,837 versus the prior month.

    For the 2024-10-01 period, Beeville had 87 MLS listings, a difference of -1 listings (-1%) versus the prior month and -8 listings (-8%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Beeville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,687 sqft
    2018-02-01 0 days 1,584 sqft
    2018-03-01 0 days 1,612 sqft
    2018-04-01 0 days 1,624 sqft
    2018-05-01 0 days 1,639 sqft
    2018-06-01 0 days 1,640 sqft
    2018-07-01 0 days 1,634 sqft
    2018-08-01 0 days 1,680 sqft
    2018-09-01 0 days 1,620 sqft
    2018-10-01 0 days 1,587 sqft
    2018-11-01 0 days 1,606 sqft
    2018-12-01 0 days 1,612 sqft
    2019-01-01 0 days 1,683 sqft
    2019-02-01 0 days 1,655 sqft
    2019-03-01 0 days 1,691 sqft
    2019-04-01 0 days 1,716 sqft
    2019-05-01 0 days 1,856 sqft
    2019-06-01 0 days 1,725 sqft
    2019-07-01 0 days 1,705 sqft
    2019-08-01 0 days 1,631 sqft
    2019-09-01 0 days 1,616 sqft
    2019-10-01 0 days 1,597 sqft
    2019-11-01 0 days 1,574 sqft
    2019-12-01 0 days 1,553 sqft
    2020-01-01 0 days 1,537 sqft
    2020-02-01 0 days 1,491 sqft
    2020-03-01 0 days 1,527 sqft
    2020-04-01 0 days 1,580 sqft
    2020-05-01 0 days 1,539 sqft
    2020-06-01 0 days 1,542 sqft
    2020-07-01 0 days 1,493 sqft
    2020-08-01 0 days 1,455 sqft
    2020-09-01 0 days 1,484 sqft
    2020-10-01 0 days 1,495 sqft
    2020-11-01 0 days 1,616 sqft
    2020-12-01 0 days 1,633 sqft
    2021-01-01 0 days 1,636 sqft
    2021-02-01 0 days 1,590 sqft
    2021-03-01 0 days 1,580 sqft
    2021-04-01 0 days 1,654 sqft
    2021-05-01 0 days 1,752 sqft
    2021-06-01 0 days 1,769 sqft
    2021-07-01 0 days 1,791 sqft
    2021-08-01 0 days 1,751 sqft
    2021-09-01 0 days 1,751 sqft
    2021-10-01 0 days 1,786 sqft
    2021-11-01 0 days 1,593 sqft
    2021-12-01 0 days 1,675 sqft
    2022-01-01 0 days 1,624 sqft
    2022-02-01 0 days 1,516 sqft
    2022-03-01 0 days 1,507 sqft
    2022-04-01 0 days 1,592 sqft
    2022-05-01 0 days 1,476 sqft
    2022-06-01 0 days 1,401 sqft
    2022-07-01 0 days 1,438 sqft
    2022-08-01 0 days 1,483 sqft
    2022-09-01 0 days 1,498 sqft
    2022-10-01 0 days 1,451 sqft
    2022-11-01 0 days 1,488 sqft
    2022-12-01 0 days 1,568 sqft
    2023-01-01 0 days 1,543 sqft
    2023-02-01 0 days 1,556 sqft
    2023-03-01 0 days 1,499 sqft
    2023-04-01 0 days 1,510 sqft
    2023-05-01 0 days 1,506 sqft
    2023-06-01 0 days 1,508 sqft
    2023-07-01 0 days 1,510 sqft
    2023-08-01 0 days 1,536 sqft
    2023-09-01 0 days 1,565 sqft
    2023-10-01 0 days 1,523 sqft
    2023-11-01 0 days 1,523 sqft
    2023-12-01 0 days 1,524 sqft
    2024-01-01 0 days 1,501 sqft
    2024-02-01 0 days 1,525 sqft
    2024-03-01 0 days 1,510 sqft
    2024-04-01 0 days 1,568 sqft
    2024-05-01 0 days 1,525 sqft
    2024-06-01 0 days 1,511 sqft
    2024-07-01 0 days 1,524 sqft
    2024-08-01 0 days 1,525 sqft
    2024-09-01 0 days 1,524 sqft
    2024-10-01 0 days 1,500 sqft
    Beeville's median listing age (time on market) for 2024-10-01 was 0 days.

    Beeville's median square footage for active listings during the 2024-10-01 period was 1,500 sqft. One year prior, the average listing was 1,523 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).