Camden FHA Loan Rates, Closing Costs & Stats

CAMDEN, NJ

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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.

    Camden FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Camden averaged 0% for the week of 2025-07-04, compared to the national average (all FHA variants) of 0% for the same period.

    Camden's average FHA mortgage closing costs are $0.

    The average rate for the prior week (2025-06-27) was 0% and one month ago for the week of 2025-05-30, the average rate was 0%.

    The average rate one year ago was 0%.

    For refis of the same type during the week of 2025-07-04, the average rate was 0%.

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

    Camden 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 Camden level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs

    The lowest fee Camden FHA lenders (with over 10 loans originated) are .

    The lowest rate Camden FHA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Camden (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 $229,995 (5.0%) $343,137 (3.1%) 0.85 20,094
    2018-02-01 $236,495 (7.5%) $345,650 (2.6%) 0.86 20,324
    2018-03-01 $240,000 (5.2%) $355,336 (2.9%) 0.84 19,665
    2018-04-01 $249,950 (6.4%) $368,672 (4.1%) 0.85 20,537
    2018-05-01 $264,500 (8.2%) $382,309 (5.4%) 0.88 21,370
    2018-06-01 $269,000 (8.7%) $388,011 (5.6%) 0.90 21,956
    2018-07-01 $269,900 (8.2%) $387,677 (6.0%) 0.90 22,047
    2018-08-01 $262,450 (5.8%) $381,807 (5.9%) 0.88 22,061
    2018-09-01 $260,000 (5.3%) $381,223 (5.4%) 0.87 22,375
    2018-10-01 $264,900 (6.0%) $381,636 (4.1%) 0.90 22,723
    2018-11-01 $262,000 (8.1%) $378,890 (7.1%) 0.89 21,978
    2018-12-01 $253,154 (6.4%) $372,340 (7.2%) 0.87 20,172
    2019-01-01 $249,900 (8.7%) $362,689 (5.7%) 0.86 18,673
    2019-02-01 $250,000 (5.7%) $367,931 (6.5%) 0.84 18,444
    2019-03-01 $263,571 (9.8%) $382,817 (7.7%) 0.86 18,993
    2019-04-01 $275,000 (10.0%) $395,366 (7.2%) 0.87 19,617
    2019-05-01 $285,250 (7.8%) $405,592 (6.1%) 0.89 20,164
    2019-06-01 $289,900 (7.8%) $407,173 (4.9%) 0.91 20,611
    2019-07-01 $286,000 (6.0%) $404,849 (4.4%) 0.90 20,479
    2019-08-01 $288,811 (10.0%) $407,989 (6.9%) 0.91 19,924
    2019-09-01 $294,542 (13.3%) $417,195 (9.4%) 0.94 19,186
    2019-10-01 $298,363 (12.6%) $424,163 (11.1%) 0.96 18,548
    2019-11-01 $294,500 (12.4%) $421,596 (11.3%) 0.97 17,425
    2019-12-01 $285,497 (12.8%) $419,741 (12.7%) 0.95 15,071
    2020-01-01 $284,450 (13.8%) $417,076 (15.0%) 0.95 13,600
    2020-02-01 $289,986 (16.0%) $429,991 (16.9%) 0.95 13,203
    2020-03-01 $299,950 (13.8%) $443,263 (15.8%) 0.94 13,325
    2020-04-01 $299,900 (9.1%) $442,672 (12.0%) 0.94 11,890
    2020-05-01 $309,945 (8.7%) $451,561 (11.3%) 0.94 12,390
    2020-06-01 $327,450 (13.0%) $472,121 (16.0%) 0.96 12,509
    2020-07-01 $339,900 (18.9%) $495,413 (22.4%) 0.99 11,427
    2020-08-01 $339,900 (17.7%) $503,338 (23.4%) 0.97 10,853
    2020-09-01 $339,950 (15.4%) $506,058 (21.3%) 0.97 10,877
    2020-10-01 $344,900 (15.6%) $514,093 (21.2%) 0.99 10,827
    2020-11-01 $337,450 (14.6%) $509,052 (20.7%) 0.99 10,406
    2020-12-01 $325,000 (13.8%) $499,174 (18.9%) 0.97 9,096
    2021-01-01 $320,000 (12.5%) $500,557 (20.0%) 0.96 7,973
    2021-02-01 $320,000 (10.4%) $512,116 (19.1%) 0.93 7,133
    2021-03-01 $325,000 (8.4%) $521,990 (17.8%) 0.92 7,273
    2021-04-01 $336,450 (12.2%) $537,418 (21.4%) 0.91 7,632
    2021-05-01 $339,000 (9.4%) $524,162 (16.1%) 0.90 8,302
    2021-06-01 $330,000 (0.8%) $501,198 (6.2%) 0.87 9,875
    2021-07-01 $325,000 (-4.4%) $483,749 (-2.4%) 0.86 10,685
    2021-08-01 $319,900 (-5.9%) $470,956 (-6.4%) 0.85 10,997
    2021-09-01 $319,500 (-6.0%) $467,997 (-7.5%) 0.85 11,023
    2021-10-01 $319,900 (-7.3%) $470,871 (-8.4%) 0.85 10,710
    2021-11-01 $311,075 (-7.8%) $469,837 (-7.7%) 0.83 9,791
    2021-12-01 $299,950 (-7.7%) $465,502 (-6.8%) 0.81 8,424
    2022-01-01 $299,900 (-6.3%) $476,101 (-4.9%) 0.81 6,980
    2022-02-01 $299,950 (-6.3%) $485,770 (-5.1%) 0.78 6,570
    2022-03-01 $312,000 (-4.0%) $495,481 (-5.1%) 0.78 6,933
    2022-04-01 $325,000 (-3.4%) $500,971 (-6.8%) 0.77 7,331
    2022-05-01 $339,950 (0.3%) $505,785 (-3.5%) 0.78 8,561
    2022-06-01 $348,950 (5.7%) $504,274 (0.6%) 0.78 9,673
    2022-07-01 $345,000 (6.2%) $499,547 (3.3%) 0.78 10,804
    2022-08-01 $339,450 (6.1%) $495,278 (5.2%) 0.78 10,794
    2022-09-01 $335,000 (4.9%) $495,121 (5.8%) 0.78 10,754
    2022-10-01 $335,000 (4.7%) $498,405 (5.9%) 0.79 11,166
    2022-11-01 $331,850 (6.7%) $497,846 (6.0%) 0.80 11,009
    2022-12-01 $325,000 (8.4%) $492,346 (5.8%) 0.80 9,610
    2023-01-01 $322,245 (7.5%) $496,478 (4.3%) 0.80 8,735
    2023-02-01 $322,450 (7.5%) $510,841 (5.2%) 0.78 8,093
    2023-03-01 $328,700 (5.4%) $516,757 (4.3%) 0.78 7,971
    2023-04-01 $339,900 (4.6%) $538,764 (7.5%) 0.79 8,056
    2023-05-01 $349,450 (2.8%) $544,282 (7.6%) 0.79 8,050
    2023-06-01 $354,950 (1.7%) $560,943 (11.2%) 0.80 8,321
    2023-07-01 $350,000 (1.5%) $553,934 (10.9%) 0.80 8,350
    2023-08-01 $350,000 (3.1%) $543,128 (9.7%) 0.80 8,555
    2023-09-01 $350,000 (4.5%) $541,242 (9.3%) 0.81 9,092
    2023-10-01 $350,000 (4.5%) $543,703 (9.1%) 0.82 9,607
    2023-11-01 $349,900 (5.4%) $536,853 (7.8%) 0.83 9,708
    2023-12-01 $340,000 (4.6%) $530,988 (7.9%) 0.83 8,878
    2024-01-01 $337,313 (4.7%) $533,604 (7.5%) 0.82 7,894
    2024-02-01 $339,950 (5.4%) $538,350 (5.4%) 0.82 7,621
    2024-03-01 $349,999 (6.5%) $559,011 (8.2%) 0.82 7,862
    2024-04-01 $369,950 (8.8%) $583,347 (8.3%) 0.86 8,315
    2024-05-01 $379,950 (8.7%) $601,409 (10.5%) 0.86 8,718
    2024-06-01 $395,000 (11.3%) $594,345 (6.0%) 0.90 9,211
    2024-07-01 $389,644 (11.3%) $586,493 (5.9%) 0.89 9,452
    2024-08-01 $382,000 (9.1%) $573,513 (5.6%) 0.89 9,659
    2024-09-01 $379,450 (8.4%) $567,102 (4.8%) 0.89 10,378
    2024-10-01 $376,500 (7.6%) $560,763 (3.1%) 0.89 10,898
    2024-11-01 $372,500 (6.5%) $546,382 (1.8%) 0.89 10,897
    2024-12-01 $358,075 (5.3%) $539,483 (1.6%) 0.89 9,447
    2025-01-01 $352,000 (4.4%) $537,350 (0.7%) 0.88 8,801
    2025-02-01 $350,000 (3.0%) $533,567 (-0.9%) 0.85 8,732
    2025-03-01 $359,000 (2.6%) $541,068 (-3.2%) 0.84 9,279
    2025-04-01 $375,000 (1.4%) $554,323 (-5.0%) 0.87 9,827
    2025-05-01 $385,000 (1.3%) $562,585 (-6.5%) 0.88 10,711
    Camden's median listing price for 2025-05-01 was $385,000, a difference of $5,050 (1.3%) versus the prior year and $10,000 versus the prior month.

    Camden's median listing price comes in at 88% of the national average.

    Camden's average listing price for 2025-05-01 was $562,585, a difference of $-38,824 (-6.5%) versus the prior year and $8,262 versus the prior month.

    For the 2025-05-01 period, Camden had 10,711 MLS listings, a difference of 884 listings (9%) versus the prior month and 1,993 listings (23%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Camden (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 81 days 1,700 sqft
    2018-02-01 73 days 1,706 sqft
    2018-03-01 54 days 1,719 sqft
    2018-04-01 52 days 1,755 sqft
    2018-05-01 48 days 1,800 sqft
    2018-06-01 51 days 1,825 sqft
    2018-07-01 57 days 1,826 sqft
    2018-08-01 59 days 1,805 sqft
    2018-09-01 60 days 1,800 sqft
    2018-10-01 60 days 1,800 sqft
    2018-11-01 63 days 1,800 sqft
    2018-12-01 72 days 1,764 sqft
    2019-01-01 79 days 1,751 sqft
    2019-02-01 72 days 1,772 sqft
    2019-03-01 58 days 1,805 sqft
    2019-04-01 46 days 1,829 sqft
    2019-05-01 45 days 1,864 sqft
    2019-06-01 50 days 1,876 sqft
    2019-07-01 57 days 1,855 sqft
    2019-08-01 57 days 1,859 sqft
    2019-09-01 58 days 1,875 sqft
    2019-10-01 58 days 1,884 sqft
    2019-11-01 61 days 1,850 sqft
    2019-12-01 73 days 1,827 sqft
    2020-01-01 79 days 1,800 sqft
    2020-02-01 62 days 1,825 sqft
    2020-03-01 45 days 1,846 sqft
    2020-04-01 58 days 1,830 sqft
    2020-05-01 71 days 1,860 sqft
    2020-06-01 53 days 1,882 sqft
    2020-07-01 43 days 1,875 sqft
    2020-08-01 40 days 1,848 sqft
    2020-09-01 39 days 1,793 sqft
    2020-10-01 45 days 1,778 sqft
    2020-11-01 49 days 1,740 sqft
    2020-12-01 58 days 1,686 sqft
    2021-01-01 64 days 1,636 sqft
    2021-02-01 56 days 1,612 sqft
    2021-03-01 42 days 1,625 sqft
    2021-04-01 35 days 1,659 sqft
    2021-05-01 32 days 1,675 sqft
    2021-06-01 33 days 1,667 sqft
    2021-07-01 37 days 1,650 sqft
    2021-08-01 41 days 1,624 sqft
    2021-09-01 45 days 1,603 sqft
    2021-10-01 45 days 1,598 sqft
    2021-11-01 49 days 1,559 sqft
    2021-12-01 56 days 1,530 sqft
    2022-01-01 61 days 1,506 sqft
    2022-02-01 49 days 1,518 sqft
    2022-03-01 35 days 1,536 sqft
    2022-04-01 33 days 1,547 sqft
    2022-05-01 32 days 1,598 sqft
    2022-06-01 35 days 1,644 sqft
    2022-07-01 38 days 1,620 sqft
    2022-08-01 44 days 1,591 sqft
    2022-09-01 49 days 1,587 sqft
    2022-10-01 49 days 1,598 sqft
    2022-11-01 52 days 1,590 sqft
    2022-12-01 61 days 1,564 sqft
    2023-01-01 67 days 1,547 sqft
    2023-02-01 63 days 1,546 sqft
    2023-03-01 50 days 1,557 sqft
    2023-04-01 44 days 1,564 sqft
    2023-05-01 44 days 1,592 sqft
    2023-06-01 45 days 1,630 sqft
    2023-07-01 45 days 1,620 sqft
    2023-08-01 45 days 1,597 sqft
    2023-09-01 45 days 1,578 sqft
    2023-10-01 44 days 1,597 sqft
    2023-11-01 46 days 1,575 sqft
    2023-12-01 56 days 1,544 sqft
    2024-01-01 66 days 1,533 sqft
    2024-02-01 59 days 1,531 sqft
    2024-03-01 43 days 1,560 sqft
    2024-04-01 40 days 1,604 sqft
    2024-05-01 37 days 1,619 sqft
    2024-06-01 42 days 1,660 sqft
    2024-07-01 44 days 1,667 sqft
    2024-08-01 44 days 1,648 sqft
    2024-09-01 45 days 1,624 sqft
    2024-10-01 43 days 1,617 sqft
    2024-11-01 47 days 1,600 sqft
    2024-12-01 57 days 1,550 sqft
    2025-01-01 63 days 1,537 sqft
    2025-02-01 52 days 1,529 sqft
    2025-03-01 39 days 1,530 sqft
    2025-04-01 35 days 1,585 sqft
    2025-05-01 35 days 1,616 sqft
    Camden's median listing age (time on market) for 2025-05-01 was 35 days. This is -4% shorter than the same period one year ago.

    Camden's median square footage for active listings during the 2025-05-01 period was 1,616 sqft. One year prior, the average listing was 1,619 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).