College Station FHA Loan Rates, Closing Costs & Stats

COLLEGE STATION-BRYAN, 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.

    College Station's 90 lenders originated 527 FHA loans during 2024. The total origination value was $148,335,000, with an average FHA loan value of $281,471.

    College Station FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in College Station averaged 0.25% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

    College Station's average FHA mortgage closing costs are $8,609.

    The average rate for the prior week (2025-06-13) was 6.83% and one month ago for the week of 2025-05-16, the average rate was 6.49%.

    The average rate one year ago was 6.65%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.01%.

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

    College Station 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 College Station level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 84 5.06% $9,156
    UNITED WHOLESALE MORTGAGE, LLC 48 6.03% $12,967
    NEW FED MORTGAGE, CORP. 29 6.43% $11,919
    PILGRIM MORTGAGE LLC 27 6.55% $12,358
    EAGLE HOME MORTGAGE, LLC 24 4.30% $9,233
    CMG MORTGAGE, INC. 23 6.28% $14,305
    INSPIRE HOME LOANS INC. 19 5.16% $9,839
    MOVEMENT MORTGAGE, LLC 15 6.27% $12,669
    First Financial Bank 15 6.33% $10,528
    QUICKEN LOANS, LLC 14 6.13% $12,332
    ADVISA MORTGAGE SERVICES, LTD. 12 6.07% $11,438
    Wallick & Volk, Inc. 12 6.38% $9,042
    City Bank 10 6.25% $10,489
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 6.75% $12,966
    Flagstar Bank, FSB 8 6.15% $9,890
    GARDNER FINANCIAL SERVICES, LTD. 6 6.60% $17,254
    CARDINAL FINANCIAL 6 6.33% $12,361
    FREEDOM MORTGAGE CORPORATION 6 6.25% $18,738
    The Loan Store, Inc. 5 6.15% $11,927
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 6.13% $8,644
    Paramount Residential Mortgage Group, Inc. 4 6.50% $11,496
    GUILD MORTGAGE COMPANY 4 6.31% $14,240
    SWBC MORTGAGE CORPORATION 4 6.78% $11,335
    Gateway First Bank 4 6.50% $13,472
    NEWREZ LLC 4 6.56% $8,612
    Equity Prime Mortgage LLC 3 6.88% $10,354
    HOMESIDE FINANCIAL, LLC 3 6.54% $13,022
    JPMorgan Chase Bank 3 6.00% $9,524
    MORTGAGE FINANCIAL SERVICES, LLC 3 6.29% $17,691
    COUNTRYPLACE MORTGAGE, LTD. 3 5.83% $11,705
    CROSSCOUNTRY MORTGAGE, LLC 3 6.17% $12,522
    PENNYMAC LOAN SERVICES, LLC 3 6.21% $12,282
    AmeriHome Mortgage Company, LLC 3 6.46% $8,163
    ZILLOW HOME LOANS, LLC 2 6.81% $9,166
    Amarillo National Bank 2 6.69% $8,273
    BROKER SOLUTIONS, INC. 2 6.69% $13,584
    CANOPY MORTGAGE, LLC 2 6.44% $10,549
    CHURCHILL MORTGAGE CORPORATION 2 6.56% $12,911
    CORNERSTONE HOME LENDING, INC. 2 7.19% $12,224
    First National Bank Texas 2 5.37% $12,032
    HOMETRUST MORTGAGE COMPANY 2 7.13% $12,712
    Mortgage Research Center, LLC 2 6.94% $7,353
    Network Funding, L.P. 2 6.44% $16,699
    PLAZA HOME MORTGAGE, INC. 2 6.94% $9,136
    SUCCESS MORTGAGE PARTNERS, INC. 2 6.81% $9,532
    Lakeview Community Capital, LLC 1 6.75% $8,393
    LAKEVIEW LOAN SERVICING, LLC 1 6.25% $7,862
    LOANDEPOT.COM, LLC 1 6.75% $9,011
    LOANPEOPLE, LLC 1 6.63% $17,235
    Loan Simple, Inc. 1 7.00% $13,018
    GUARANTEED RATE, INC. 1 7.75% $8,257
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.13% $9,125
    GENEVA FINANCIAL, LLC 1 7.63% $9,582
    Mr. Cooper ( Nationstar Mortgage ) 1 7.63% $11,685
    Nations Lending Corporation 1 7.25% $6,713
    NATIONS RELIABLE LENDING, LLC 1 6.63% $14,063
    V.I.P. MORTGAGE, INC. 1 7.13% $14,789
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.25% $13,344
    Citibank 1 6.63% $9,355
    NFM, INC. 1 7.13% $15,339
    OCEANSIDE MORTGAGE COMPANY 1 5.75% $4,680
    Century Mortgage Company DBA Century Lending Company 1 6.63% $12,837
    CALCON MUTUAL MORTGAGE LLC 1 6.63% $15,364
    PHH Mortgage Corporation 1 5.50% $8,400
    AXIA FINANCIAL, LLC 1 7.25% $8,874
    Plains Commerce Bank 1 7.50% $8,013
    PLANET HOME LENDING, LLC 1 5.63% $12,204
    AMERICAN FINANCIAL NETWORK, INC. 1 6.50% $12,245
    PNC Bank 1 6.38% $8,090
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $13,268
    Prosperity Bank 1 7.63% $7,232
    AMPLIFY 1 6.25% $8,536
    RB MORTGAGE LLC 1 5.75% $16,114
    Republic State Mortgage Co. 1 7.50% $6,152
    Residential Acceptance Corporation 1 8.00% $8,974
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.25% $11,809
    SFMC, LP 1 5.25% $17,443
    SOUTHWEST FUNDING, LP 1 7.38% $13,895
    AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.75% $12,134
    SUN WEST MORTGAGE COMPANY, INC. 1 6.25% $9,299
    American National Bank & Trust 1 6.25% $7,392
    T2 FINANCIAL LLC 1 7.25% $7,335
    The Federal Savings Bank 1 6.25% $14,692
    American Mortgage & Equity Consultants, Inc. 1 8.13% $22,720
    THE MONEY HOUSE INC. 1 6.00% $13,781
    TruHome Solutions, LLC 1 6.13% $10,166
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.13% $9,598
    INTELLILOAN, INC. 1 5.49% $6,805
    INTERLINC MORTGAGE SERVICES, LLC 1 6.75% $10,515
    Hamilton Mortgage Corporation 1 6.25% $12,982

    The top College Station FHA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 84 FHA loans originated. Their average total fees are $9,156, which is $3,811 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee College Station FHA lenders (with over 10 loans originated) are Wallick & Volk, Inc. ($9,042), DHI MORTGAGE COMPANY, LTD. ($9,156), EAGLE HOME MORTGAGE, LLC ($9,233), INSPIRE HOME LOANS INC. ($9,839) and City Bank ($10,489).

    The lowest rate College Station FHA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.30%), DHI MORTGAGE COMPANY, LTD. (5.06%), INSPIRE HOME LOANS INC. (5.16%), UNITED WHOLESALE MORTGAGE, LLC (6.03%) and ADVISA MORTGAGE SERVICES, LTD. (6.07%).

    College Station FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    COLLEGE STATION-BRYAN, TX BRAZOS 2022 $420,680 $538,650 $651,050 $809,150
    COLLEGE STATION-BRYAN, TX BURLESON 2022 $420,680 $538,650 $651,050 $809,150
    COLLEGE STATION-BRYAN, TX ROBERTSON 2022 $420,680 $538,650 $651,050 $809,150
    COLLEGE STATION-BRYAN, TX BRAZOS 2023 $472,030 $604,400 $730,525 $907,900
    COLLEGE STATION-BRYAN, TX BURLESON 2023 $472,030 $604,400 $730,525 $907,900
    COLLEGE STATION-BRYAN, TX ROBERTSON 2023 $472,030 $604,400 $730,525 $907,900

    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).