Greeley FHA Loan Rates, Closing Costs & Stats

GREELEY, CO

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.

Greeley's 137 lenders originated 2,032 FHA loans during 2024. The total origination value was $835,440,000, with an average FHA loan value of $411,142.

Greeley FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Greeley averaged -0.29% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

Greeley's average FHA mortgage closing costs are $11,013.

The average rate for the prior week (2025-06-13) was 6.59% and one month ago for the week of 2025-05-16, the average rate was 6.45%.

The average rate one year ago was 6.5%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.56%.

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

Greeley 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 Greeley level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 251 6.03% $16,248
DHI MORTGAGE COMPANY, LTD. 121 4.99% $14,853
LOANDEPOT.COM, LLC 114 5.99% $15,108
GUILD MORTGAGE COMPANY 94 6.58% $14,972
CROSSCOUNTRY MORTGAGE, LLC 91 6.58% $15,399
QUICKEN LOANS, LLC 80 6.06% $15,030
VAN DYK MORTGAGE CORPORATION 78 6.38% $12,711
AMERICAN FINANCING CORPORATION 77 5.94% $17,016
Loan Simple, Inc. 47 6.72% $13,780
BROKER SOLUTIONS, INC. 47 6.67% $15,774
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 41 6.52% $15,279
PRIMARY RESIDENTIAL MORTGAGE, INC. 38 6.47% $7,559
NFM, INC. 36 5.75% $12,436
HOMESIDE FINANCIAL, LLC 35 6.65% $14,806
PENNYMAC LOAN SERVICES, LLC 33 5.95% $13,346
FREEDOM MORTGAGE CORPORATION 32 6.32% $16,191
CORNERSTONE HOME LENDING, INC. 30 6.02% $14,747
HOMEAMERICAN MORTGAGE CORPORATION 30 4.95% $9,816
Gateway First Bank 30 6.68% $16,645
INSPIRE HOME LOANS INC. 28 5.21% $12,241
V.I.P. MORTGAGE, INC. 24 6.20% $16,573
Ixonia Bank 22 6.59% $15,181
NEWREZ LLC 18 6.32% $17,365
MOVEMENT MORTGAGE, LLC 18 6.72% $15,854
Bank of Colorado 17 6.38% $15,069
Paramount Residential Mortgage Group, Inc. 17 6.67% $15,016
CMG MORTGAGE, INC. 16 5.84% $16,681
LAKEVIEW LOAN SERVICING, LLC 15 6.26% $8,883
Century Mortgage Company DBA Century Lending Company 15 6.11% $16,038
EAGLE HOME MORTGAGE, LLC 14 4.34% $13,248
First Western Trust Bank 14 6.38% $10,125
American Mortgage & Equity Consultants, Inc. 12 6.48% $15,805
TOWNE MORTGAGE COMPANY 11 6.16% $13,840
The Loan Store, Inc. 11 6.13% $15,817
S1L, Inc. 10 6.59% $15,056
Equity Prime Mortgage LLC 9 7.43% $14,741
TOP FLITE FINANCIAL, INC. 9 6.58% $15,877
ENVOY MORTGAGE, LTD 8 6.64% $15,758
Elevations Credit Union 8 6.14% $14,599
GUARANTEED RATE, INC. 8 6.22% $15,526
Ent Credit Union 8 6.08% $9,937
Keystone Funding, Inc. 7 6.18% $12,755
SUN WEST MORTGAGE COMPANY, INC. 7 6.09% $19,020
MEGASTAR FINANCIAL CORP. 7 6.88% $14,215
Northpointe Bank 6 6.33% $15,861
EVERETT FINANCIAL, INC. 6 6.38% $16,221
KBHS HOME LOANS, LLC 6 4.92% $11,940
Flagstar Bank, FSB 6 6.17% $14,429
GUARANTEED RATE AFFINITY, LLC 5 6.12% $19,038
PLANET HOME LENDING, LLC 5 6.25% $14,986
ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 6.73% $11,011
Mr. Cooper ( Nationstar Mortgage ) 5 6.30% $16,025
NEST HOME LENDING, LLC 5 5.67% $26,392
PLAZA HOME MORTGAGE, INC. 5 6.37% $12,569
U.S. Bank 5 6.40% $15,788
NBH Bank 4 6.38% $8,279
Bank of England 4 6.84% $15,204
BOKF 4 6.88% $13,991
Carrington Mortgage Services, LLC 4 6.25% $17,790
First National Bank of Omaha 4 6.34% $9,804
GROUP MORTGAGE, LLC 4 6.00% $19,187
JPMorgan Chase Bank 4 6.03% $12,339
LOANPAL, LLC 4 5.47% $21,306
NOVA FINANCIAL & INVESTMENT CORPORATION 4 6.53% $13,290
OCMBC, INC. 4 6.22% $21,722
Plains Commerce Bank 4 6.16% $17,243
SUMMIT FUNDING, INC. 4 6.28% $15,812
US MORTGAGE CORPORATION 4 6.78% $16,985
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 5.58% $15,032
Nations Lending Corporation 3 6.33% $12,152
AMERICAN FINANCIAL NETWORK, INC. 3 7.50% $20,760
The Huntington National Bank 2 6.00% $12,347
BAY EQUITY LLC 2 6.81% $13,617
CALCON MUTUAL MORTGAGE LLC 2 6.06% $20,457
Commerce Home Mortgage, Inc. 2 5.88% $17,067
Arvest Bank 2 5.50% $12,835
MICHIGAN MUTUAL, INC. 2 6.75% $15,655
UNION HOME MORTGAGE CORP. 2 6.69% $15,104
ON Q FINANCIAL, INC. 2 6.75% $11,948
BETTER MORTGAGE CORPORATION 2 5.75% $10,246
CITYWIDE HOME LOANS, LLC 2 6.00% $12,725
MID AMERICA MORTGAGE, INC. 2 7.94% $8,320
LAND HOME FINANCIAL SERVICES, INC. 2 7.25% $25,435
Sunflower Bank 2 6.13% $13,972
Independent Bank 2 5.56% $21,828
FIRST COLONY MORTGAGE CORPORATION 2 5.50% $20,855
Lakeview Community Capital, LLC 2 6.69% $10,568
FLAT BRANCH MORTGAGE, INC. 2 7.19% $14,355
NATIONS DIRECT MORTGAGE, LLC 2 6.38% $14,996
Waterstone Mortgage Corporation 1 6.75% $16,576
CENTENNIAL LENDING, LLC 1 5.38% $17,419
CANOPY MORTGAGE, LLC 1 5.25% $31,180
Prosperity Home Mortgage, LLC 1 5.75% $20,903
BMO Harris Bank 1 6.88% $11,464
RANLIFE, INC. 1 6.00% $10,628
RESIDENTIAL BANCORP 1 5.49% $15,408
Residential Mortgage Solutions, Inc. 1 6.88% $19,114
SECURITYNATIONAL MORTGAGE COMPANY 1 6.50% $10,341
SOUTHWEST FUNDING, LP 1 7.00% $17,722
Wells Fargo Bank 1 5.38% $8,993
Bell Bank 1 6.63% $17,269
SWBC MORTGAGE CORPORATION 1 5.75% $6,248
T2 FINANCIAL LLC 1 7.00% $16,390
The Central Trust Bank 1 6.13% $9,893
THE MORTGAGE COMPANY 1 6.63% $12,478
TJC Mortgage, Inc. 1 5.00% $26,643
Bank of America 1 5.50% $17,781
UMB Bank 1 6.00% $15,827
AMERISAVE MORTGAGE CORPORATION 1 6.13% $21,206
AmeriHome Mortgage Company, LLC 1 5.99% $11,697
ZILLOW HOME LOANS, LLC 1 6.25% $10,823
INTERCAP LENDING INC. 1 6.99% $10,800
INTELLILOAN, INC. 1 5.99% $7,059
JET HOMELOANS, LLC 1 6.75% $12,752
JMAC LENDING, INC. 1 5.75% $8,565
AMERICAN FINANCIAL RESOURCES, INC. 1 5.63% $16,581
IDEAL HOME LOANS LLC 1 6.75% $11,787
LEADERONE FINANCIAL CORPORATION 1 7.50% $11,650
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.88% $13,215
LOANLEADERS OF AMERICA, INC. 1 6.63% $10,737
VERITAS FUNDING, LLC 1 7.25% $23,184
GERSHMAN INVESTMENT CORP. 1 6.63% $13,641
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.25% $10,407
First Federal Bank 1 7.13% $13,472
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.25% $35,519
Adams Bank & Trust 1 7.25% $12,466
Financial Funding Solutions, Inc. 1 6.63% $6,191
Network Funding, L.P. 1 7.25% $12,380
NEW DAY FINANCIAL, LLC 1 7.50% $7,028
Fifth Third Bank 1 6.63% $13,235
ENCORE BANK 1 6.75% $10,792
NMSI, INC. 1 6.63% $12,672
NORWICH COMMERCIAL GROUP, INC. 1 6.25% $13,831
VILLAGE CAPITAL MORTGAGE 1 5.99% $9,165
Peak Financial 1 6.75% $9,912
CHURCHILL MORTGAGE CORPORATION 1 6.88% $17,394
PENTAGON FEDERAL CREDIT UNION 1 5.75% $17,299

The top Greeley FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 251 FHA loans originated. Their average total fees are $16,248, which is $1,394 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

The lowest fee Greeley FHA lenders (with over 10 loans originated) are PRIMARY RESIDENTIAL MORTGAGE, INC. ($7,559), LAKEVIEW LOAN SERVICING, LLC ($8,883), HOMEAMERICAN MORTGAGE CORPORATION ($9,816), First Western Trust Bank ($10,125) and INSPIRE HOME LOANS INC. ($12,241).

The lowest rate Greeley FHA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.34%), HOMEAMERICAN MORTGAGE CORPORATION (4.95%), DHI MORTGAGE COMPANY, LTD. (4.99%), INSPIRE HOME LOANS INC. (5.21%) and NFM, INC. (5.75%).

Greeley FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
GREELEY, CO WELD 2022 $483,000 $618,300 $747,400 $928,850
GREELEY, CO WELD 2023 $555,450 $711,050 $859,500 $1,068,200

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).