Crestview FHA Loan Rates, Closing Costs & Stats

CRESTVIEW-FORT WALTON BEACH-DESTIN, FL

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.

Crestview's 122 lenders originated 881 FHA loans during 2024. The total origination value was $267,715,000, with an average FHA loan value of $303,876.

Crestview FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Crestview averaged 6.69% for the week of 2025-04-25, compared to the national average (all FHA variants) of 6.532% for the same period.

Crestview's average FHA mortgage closing costs are $8,953.

The average rate for the prior week (2025-04-18) was 6.33% and one month ago for the week of 2025-03-21, the average rate was 6.51%.

The average rate one year ago was 6.62%.

For refis of the same type during the week of 2025-04-25, the average rate was 6.31%.

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

Crestview 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 Crestview level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
DHI MORTGAGE COMPANY, LTD. 95 4.87% $8,962
BROKER SOLUTIONS, INC. 80 6.52% $10,147
UNITED WHOLESALE MORTGAGE, LLC 69 6.25% $14,824
QUICKEN LOANS, LLC 66 6.20% $13,146
MOVEMENT MORTGAGE, LLC 39 6.44% $13,330
CROSSCOUNTRY MORTGAGE, LLC 27 6.42% $12,969
Waterstone Mortgage Corporation 24 6.64% $12,198
FBC MORTGAGE, LLC 22 4.83% $8,869
DSLD MORTGAGE, LLC 17 5.70% $10,206
INSPIRE HOME LOANS INC. 16 5.66% $8,812
University Bank 15 5.88% $12,141
FREEDOM MORTGAGE CORPORATION 15 6.32% $12,552
PRIMELENDING, A PLAINSCAPITAL COMPANY 13 6.59% $14,119
MORTGAGE SOLUTIONS OF COLORADO, LLC 13 6.65% $13,868
Equity Prime Mortgage LLC 10 6.86% $13,801
PENNYMAC LOAN SERVICES, LLC 9 6.25% $11,932
NEWREZ LLC 9 6.43% $11,030
Bank of England 9 6.21% $12,863
Ameris Bank 8 6.23% $10,562
GUARANTEED RATE, INC. 7 6.16% $12,559
CANOPY MORTGAGE, LLC 7 6.11% $26,271
MUTUAL OF OMAHA MORTGAGE, INC. 7 6.82% $13,954
TOWNE MORTGAGE COMPANY 7 6.29% $13,065
Regions Bank 6 6.17% $10,673
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.23% $14,769
Northpointe Bank 6 6.56% $12,631
GUILD MORTGAGE COMPANY 5 6.73% $11,617
ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 6.93% $8,189
SUCCESS MORTGAGE PARTNERS, INC. 5 6.85% $12,167
Plains Commerce Bank 5 6.35% $9,115
NFM, INC. 5 6.73% $13,056
Centennial Bank 5 6.20% $11,523
GUARANTEED RATE AFFINITY, LLC 5 6.47% $14,466
LAKEVIEW LOAN SERVICING, LLC 5 6.85% $9,716
LOANDEPOT.COM, LLC 4 6.62% $8,972
Carrington Mortgage Services, LLC 4 7.03% $8,202
AMERICAN PACIFIC MORTGAGE CORPORATION 4 6.25% $11,157
ZILLOW HOME LOANS, LLC 3 6.29% $14,675
American Mortgage Bank, LLC 3 5.46% $14,210
CARDINAL FINANCIAL 3 6.16% $16,806
CMG MORTGAGE, INC. 3 5.96% $14,772
Flagstar Bank, FSB 3 6.26% $10,137
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 6.83% $8,347
MORIA DEVELOPMENT, INC. 3 7.29% $10,108
STOCKTON MORTGAGE CORPORATION 3 6.71% $13,339
SWBC MORTGAGE CORPORATION 3 6.83% $7,715
US MORTGAGE CORPORATION 3 6.63% $14,325
East Coast Capital Corp. 2 6.38% $8,537
VILLAGE CAPITAL MORTGAGE 2 6.81% $5,036
AmeriHome Mortgage Company, LLC 2 6.88% $9,674
SUN WEST MORTGAGE COMPANY, INC. 2 6.74% $14,337
AMERICAN FINANCIAL NETWORK, INC. 2 6.56% $11,968
FIDELITY BANK 2 5.94% $13,488
T2 FINANCIAL LLC 2 6.44% $20,068
ENVOY MORTGAGE, LTD 2 6.88% $9,318
MORTGAGE ONE OF THE SOUTH, INC. 2 5.44% $8,593
Nations Lending Corporation 2 6.94% $8,952
Towne Bank 2 5.88% $19,823
AMERISAVE MORTGAGE CORPORATION 2 6.25% $11,590
Renasant Bank 2 6.44% $9,879
Truist 2 5.75% $10,661
Trustmark National Bank 2 6.50% $11,511
United Community Bank 2 5.69% $13,666
Mortgage Research Center, LLC 2 6.50% $7,057
BankPlus 2 5.56% $9,082
Ixonia Bank 2 6.75% $9,730
Gateway First Bank 2 6.69% $15,600
AMERICAN FINANCIAL RESOURCES, INC. 2 6.81% $11,369
PLAZA HOME MORTGAGE, INC. 2 6.62% $8,414
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 5.75% $13,520
NATIONS DIRECT MORTGAGE, LLC 1 7.75% $24,691
Citizens Bank 1 6.50% $10,794
BETTER MORTGAGE CORPORATION 1 5.25% $20,155
BAY-VALLEY MORTGAGE GROUP 1 7.13% $18,409
OPEN MORTGAGE, LLC 1 5.25% $17,201
PANORAMA MORTGAGE GROUP, LLC 1 7.25% $12,762
Paramount Residential Mortgage Group, Inc. 1 7.13% $7,844
Barrington Bank & Trust Company, N.A. 1 6.25% $17,102
PENTAGON FEDERAL CREDIT UNION 1 5.63% $12,030
PLANET HOME LENDING, LLC 1 6.25% $9,282
PNC Bank 1 7.00% $16,116
Presidential Bank, FSB 1 5.75% $17,578
BancorpSouth 1 5.75% $9,981
Princeton Mortgage Corporation 1 6.25% $16,236
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.25% $10,711
ROYAL UNITED MORTGAGE LLC 1 7.13% $7,523
RUOFF MORTGAGE COMPANY, INC. 1 7.00% $7,702
SeaTrust Mortgage Company 1 5.63% $13,349
SFMC, LP 1 6.99% $14,820
Sierra Pacific Mortgage Company, Inc. 1 7.13% $7,364
Synovus Bank 1 6.50% $8,952
The Federal Savings Bank 1 7.00% $9,652
The Loan Store, Inc. 1 5.25% $21,649
THE MORTGAGE FIRM, INC. 1 6.25% $10,120
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.99% $24,723
TruHome Solutions, LLC 1 6.63% $8,406
First State Bank of St. Charles, Missouri 1 6.50% $9,801
AMERICAN FINANCING CORPORATION 1 5.13% $12,985
FIRST COMMUNITY MORTGAGE, INC. 1 6.49% $17,073
FIRST ALLIANCE HOME MORTGAGE, LLC 1 5.88% $16,439
FIRST COLONY MORTGAGE CORPORATION 1 5.63% $9,517
Hancock Whitney Bank 1 6.50% $12,538
Home Mortgage Alliance Corp 1 8.25% $7,857
HOMESIDE FINANCIAL, LLC 1 5.88% $16,905
HOMESPIRE MORTGAGE CORPORATION 1 7.00% $5,492
Hometown Equity Mortgage, LLC 1 7.00% $12,638
HOMEXPRESS MORTGAGE CORP. 1 5.75% $12,146
JMAC LENDING, INC. 1 6.00% $12,893
JPMorgan Chase Bank 1 6.63% $10,864
KBHS HOME LOANS, LLC 1 5.88% $9,396
Lakeview Community Capital, LLC 1 6.63% $9,755
EMM LOANS LLC 1 6.25% $22,942
LEADERONE FINANCIAL CORPORATION 1 5.38% $9,297
LOANLEADERS OF AMERICA, INC. 1 6.63% $14,990
MEGASTAR FINANCIAL CORP. 1 6.63% $8,874
MICHIGAN MUTUAL, INC. 1 7.25% $10,332
MID AMERICA MORTGAGE, INC. 1 7.00% $9,592
ALLIED MORTGAGE GROUP, INC. 1 5.75% $22,158
MORTGAGE INVESTORS GROUP, INC. 1 6.13% $9,418
Commerce Home Mortgage, Inc. 1 7.13% $15,994
City National Bank of Florida 1 5.88% $9,551
Mr. Cooper ( Nationstar Mortgage ) 1 6.13% $8,420

The top Crestview FHA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 95 FHA loans originated. Their average total fees are $8,962, which is $1,185 lower than the next largest lender, BROKER SOLUTIONS, INC..

The lowest fee Crestview FHA lenders (with over 10 loans originated) are INSPIRE HOME LOANS INC. ($8,812), FBC MORTGAGE, LLC ($8,869), DHI MORTGAGE COMPANY, LTD. ($8,962), BROKER SOLUTIONS, INC. ($10,147) and DSLD MORTGAGE, LLC ($10,206).

The lowest rate Crestview FHA lenders (with over 10 loans originated) are FBC MORTGAGE, LLC (4.83%), DHI MORTGAGE COMPANY, LTD. (4.87%), INSPIRE HOME LOANS INC. (5.66%), DSLD MORTGAGE, LLC (5.70%) and University Bank (5.88%).

Crestview FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL OKALOOSA 2022 $539,350 $690,450 $834,600 $1,037,200
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL WALTON 2022 $539,350 $690,450 $834,600 $1,037,200
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL OKALOOSA 2023 $603,750 $772,900 $934,250 $1,161,050
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL WALTON 2023 $603,750 $772,900 $934,250 $1,161,050

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Crestview (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 $398,500 (4.2%) $729,543 (0.0%) 1.48 3,256
2018-02-01 $399,000 (1.7%) $717,727 (-3.0%) 1.45 3,313
2018-03-01 $399,000 (0.0%) $730,276 (-2.0%) 1.40 3,401
2018-04-01 $399,250 (1.1%) $735,377 (-0.1%) 1.35 3,472
2018-05-01 $399,450 (0.2%) $737,944 (-0.3%) 1.33 3,477
2018-06-01 $399,999 (0.0%) $736,654 (-1.2%) 1.33 3,541
2018-07-01 $399,000 (-1.1%) $729,277 (-3.2%) 1.33 3,581
2018-08-01 $397,000 (-4.9%) $735,932 (-3.1%) 1.33 3,530
2018-09-01 $399,000 (-2.7%) $725,822 (-3.3%) 1.34 3,538
2018-10-01 $399,450 (-0.4%) $732,548 (-1.4%) 1.35 3,495
2018-11-01 $399,000 (-0.1%) $728,409 (-0.8%) 1.35 3,441
2018-12-01 $418,000 (4.6%) $754,719 (2.4%) 1.44 3,328
2019-01-01 $422,400 (6.0%) $758,663 (4.0%) 1.46 3,185
2019-02-01 $427,500 (7.1%) $771,950 (7.6%) 1.44 3,183
2019-03-01 $450,257 (12.9%) $793,799 (8.7%) 1.47 3,246
2019-04-01 $469,150 (17.5%) $819,290 (11.4%) 1.49 3,324
2019-05-01 $474,950 (18.9%) $843,839 (14.4%) 1.48 3,288
2019-06-01 $477,767 (19.4%) $843,547 (14.5%) 1.49 3,264
2019-07-01 $482,138 (20.8%) $860,909 (18.1%) 1.51 3,221
2019-08-01 $489,034 (23.2%) $873,717 (18.7%) 1.55 3,195
2019-09-01 $495,160 (24.1%) $881,502 (21.5%) 1.58 3,183
2019-10-01 $499,963 (25.2%) $887,141 (21.1%) 1.61 3,173
2019-11-01 $500,000 (25.3%) $885,588 (21.6%) 1.64 3,096
2019-12-01 $499,900 (19.6%) $883,288 (17.0%) 1.67 2,961
2020-01-01 $505,000 (19.6%) $880,533 (16.1%) 1.69 2,800
2020-02-01 $525,000 (22.8%) $901,590 (16.8%) 1.72 2,718
2020-03-01 $530,146 (17.7%) $905,035 (14.0%) 1.66 2,890
2020-04-01 $519,875 (10.8%) $874,087 (6.7%) 1.63 3,121
2020-05-01 $525,000 (10.5%) $882,337 (4.6%) 1.60 3,119
2020-06-01 $499,950 (4.6%) $895,857 (6.2%) 1.47 2,717
2020-07-01 $508,146 (5.4%) $929,715 (8.0%) 1.47 2,461
2020-08-01 $499,000 (2.0%) $942,273 (7.9%) 1.43 2,246
2020-09-01 $498,450 (0.7%) $941,071 (6.8%) 1.43 2,069
2020-10-01 $489,900 (-2.0%) $968,973 (9.2%) 1.40 1,927
2020-11-01 $479,000 (-4.2%) $970,847 (9.6%) 1.40 1,859
2020-12-01 $473,978 (-5.2%) $980,210 (11.0%) 1.41 1,678
2021-01-01 $468,900 (-7.2%) $993,524 (12.8%) 1.40 1,453
2021-02-01 $473,393 (-9.8%) $1,016,333 (12.7%) 1.38 1,174
2021-03-01 $499,000 (-5.9%) $1,055,618 (16.6%) 1.42 1,029
2021-04-01 $565,000 (8.7%) $1,121,784 (28.3%) 1.53 983
2021-05-01 $619,500 (18.0%) $1,162,236 (31.7%) 1.65 1,023
2021-06-01 $599,450 (19.9%) $1,153,952 (28.8%) 1.58 1,182
2021-07-01 $599,900 (18.1%) $1,143,037 (22.9%) 1.58 1,449
2021-08-01 $599,950 (20.2%) $1,128,583 (19.8%) 1.60 1,649
2021-09-01 $609,963 (22.4%) $1,144,800 (21.7%) 1.63 1,683
2021-10-01 $599,900 (22.5%) $1,141,658 (17.8%) 1.60 1,614
2021-11-01 $607,450 (26.8%) $1,143,031 (17.7%) 1.62 1,500
2021-12-01 $601,275 (26.9%) $1,150,481 (17.4%) 1.63 1,295
2022-01-01 $599,909 (27.9%) $1,204,534 (21.2%) 1.62 1,060
2022-02-01 $604,725 (27.7%) $1,268,593 (24.8%) 1.57 859
2022-03-01 $620,799 (24.4%) $1,301,722 (23.3%) 1.55 930
2022-04-01 $646,485 (14.4%) $1,347,231 (20.1%) 1.54 1,163
2022-05-01 $649,500 (4.8%) $1,341,620 (15.4%) 1.48 1,521
2022-06-01 $685,800 (14.4%) $1,390,186 (20.5%) 1.53 1,878
2022-07-01 $689,950 (15.0%) $1,394,484 (22.0%) 1.55 2,339
2022-08-01 $667,250 (11.2%) $1,361,138 (20.6%) 1.54 2,495
2022-09-01 $662,500 (8.6%) $1,327,859 (16.0%) 1.55 2,593
2022-10-01 $669,000 (11.5%) $1,320,969 (15.7%) 1.57 2,683
2022-11-01 $647,350 (6.6%) $1,292,580 (13.1%) 1.56 2,738
2022-12-01 $639,900 (6.4%) $1,294,220 (12.5%) 1.58 2,615
2023-01-01 $627,450 (4.6%) $1,271,837 (5.6%) 1.55 2,520
2023-02-01 $632,200 (4.5%) $1,288,481 (1.6%) 1.53 2,468
2023-03-01 $667,450 (7.5%) $1,349,862 (3.7%) 1.57 2,432
2023-04-01 $699,500 (8.2%) $1,406,010 (4.4%) 1.63 2,469
2023-05-01 $720,700 (11.0%) $1,449,376 (8.0%) 1.63 2,545
2023-06-01 $725,000 (5.7%) $1,450,345 (4.3%) 1.63 2,662
2023-07-01 $725,000 (5.1%) $1,429,909 (2.5%) 1.65 2,827
2023-08-01 $719,800 (7.9%) $1,417,101 (4.1%) 1.65 2,941
2023-09-01 $689,500 (4.1%) $1,358,512 (2.3%) 1.61 3,193
2023-10-01 $677,000 (1.2%) $1,319,775 (-0.1%) 1.59 3,330
2023-11-01 $649,450 (0.3%) $1,291,771 (-0.1%) 1.55 3,465
2023-12-01 $639,250 (-0.1%) $1,282,633 (-0.9%) 1.56 3,411
2024-01-01 $637,000 (1.5%) $1,277,571 (0.5%) 1.56 3,379
2024-02-01 $642,350 (1.6%) $1,276,889 (-0.9%) 1.55 3,476
2024-03-01 $644,000 (-3.5%) $1,279,910 (-5.2%) 1.52 3,848
2024-04-01 $647,450 (-7.4%) $1,281,343 (-8.9%) 1.51 4,060
2024-05-01 $647,100 (-10.2%) $1,262,512 (-12.9%) 1.47 4,185
2024-06-01 $635,900 (-12.3%) $1,262,788 (-12.9%) 1.45 4,382
2024-07-01 $635,000 (-12.4%) $1,270,901 (-11.1%) 1.45 4,463
2024-08-01 $619,000 (-14.0%) $1,251,596 (-11.7%) 1.44 4,504
2024-09-01 $613,750 (-11.0%) $1,237,934 (-8.9%) 1.44 4,504
2024-10-01 $611,213 (-9.7%) $1,248,653 (-5.4%) 1.44 4,244
2024-11-01 $599,995 (-7.6%) $1,231,122 (-4.7%) 1.44 4,160
2024-12-01 $599,000 (-6.3%) $1,221,139 (-4.8%) 1.49 4,021
2025-01-01 $599,450 (-5.9%) $1,197,268 (-6.3%) 1.50 3,819
2025-02-01 $603,474 (-6.1%) $1,199,687 (-6.1%) 1.46 3,948
2025-03-01 $625,000 (-3.0%) $1,232,917 (-3.7%) 1.47 4,298
Crestview's median listing price for 2025-03-01 was $625,000, a difference of $-19,000 (-3.0%) versus the prior year and $21,526 versus the prior month.

Crestview's median listing price comes in at 147% of the national average.

Crestview's average listing price for 2025-03-01 was $1,232,917, a difference of $-46,993 (-3.7%) versus the prior year and $33,230 versus the prior month.

For the 2025-03-01 period, Crestview had 4,298 MLS listings, a difference of 350 listings (9%) versus the prior month and 450 listings (12%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Crestview (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 102 days 1,965 sqft
2018-02-01 94 days 1,969 sqft
2018-03-01 72 days 1,979 sqft
2018-04-01 67 days 1,978 sqft
2018-05-01 68 days 1,999 sqft
2018-06-01 72 days 2,000 sqft
2018-07-01 78 days 1,978 sqft
2018-08-01 84 days 1,970 sqft
2018-09-01 85 days 1,958 sqft
2018-10-01 89 days 1,934 sqft
2018-11-01 89 days 1,920 sqft
2018-12-01 96 days 1,922 sqft
2019-01-01 101 days 1,923 sqft
2019-02-01 98 days 1,945 sqft
2019-03-01 84 days 1,964 sqft
2019-04-01 69 days 1,981 sqft
2019-05-01 67 days 2,012 sqft
2019-06-01 72 days 1,981 sqft
2019-07-01 76 days 1,979 sqft
2019-08-01 78 days 1,986 sqft
2019-09-01 78 days 2,002 sqft
2019-10-01 79 days 2,012 sqft
2019-11-01 81 days 2,004 sqft
2019-12-01 88 days 2,000 sqft
2020-01-01 93 days 2,005 sqft
2020-02-01 92 days 2,005 sqft
2020-03-01 65 days 2,016 sqft
2020-04-01 65 days 2,009 sqft
2020-05-01 74 days 1,991 sqft
2020-06-01 79 days 1,962 sqft
2020-07-01 61 days 1,981 sqft
2020-08-01 56 days 1,943 sqft
2020-09-01 53 days 1,940 sqft
2020-10-01 56 days 1,905 sqft
2020-11-01 53 days 1,919 sqft
2020-12-01 59 days 1,894 sqft
2021-01-01 64 days 1,920 sqft
2021-02-01 43 days 1,881 sqft
2021-03-01 29 days 1,933 sqft
2021-04-01 22 days 1,957 sqft
2021-05-01 21 days 1,985 sqft
2021-06-01 23 days 1,923 sqft
2021-07-01 27 days 1,927 sqft
2021-08-01 33 days 1,907 sqft
2021-09-01 38 days 1,891 sqft
2021-10-01 45 days 1,870 sqft
2021-11-01 51 days 1,923 sqft
2021-12-01 57 days 1,928 sqft
2022-01-01 61 days 1,933 sqft
2022-02-01 43 days 1,933 sqft
2022-03-01 34 days 1,975 sqft
2022-04-01 33 days 1,999 sqft
2022-05-01 32 days 2,011 sqft
2022-06-01 36 days 2,018 sqft
2022-07-01 42 days 2,006 sqft
2022-08-01 52 days 1,997 sqft
2022-09-01 59 days 2,004 sqft
2022-10-01 64 days 2,010 sqft
2022-11-01 72 days 1,984 sqft
2022-12-01 80 days 1,982 sqft
2023-01-01 85 days 1,984 sqft
2023-02-01 78 days 1,961 sqft
2023-03-01 64 days 1,987 sqft
2023-04-01 59 days 2,000 sqft
2023-05-01 59 days 1,970 sqft
2023-06-01 60 days 1,947 sqft
2023-07-01 63 days 1,951 sqft
2023-08-01 67 days 1,941 sqft
2023-09-01 65 days 1,900 sqft
2023-10-01 66 days 1,865 sqft
2023-11-01 71 days 1,862 sqft
2023-12-01 79 days 1,837 sqft
2024-01-01 87 days 1,830 sqft
2024-02-01 87 days 1,828 sqft
2024-03-01 66 days 1,823 sqft
2024-04-01 65 days 1,826 sqft
2024-05-01 67 days 1,825 sqft
2024-06-01 72 days 1,829 sqft
2024-07-01 82 days 1,832 sqft
2024-08-01 88 days 1,826 sqft
2024-09-01 93 days 1,824 sqft
2024-10-01 94 days 1,835 sqft
2024-11-01 99 days 1,830 sqft
2024-12-01 105 days 1,832 sqft
2025-01-01 107 days 1,822 sqft
2025-02-01 104 days 1,815 sqft
2025-03-01 79 days 1,834 sqft
Crestview's median listing age (time on market) for 2025-03-01 was 79 days. This is 20% longer than the same period one year ago.

Crestview's median square footage for active listings during the 2025-03-01 period was 1,834 sqft. One year prior, the average listing was 1,823 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).