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).