Greenville FHA Loan Rates, Closing Costs & Stats

GREENVILLE-ANDERSON, SC

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.

Greenville's 205 lenders originated 5,170 FHA loans during 2021. The total origination value was $1,028,910,000, with an average FHA loan value of $199,015.

Greenville FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Greenville averaged 0.04% for the week of 2022-11-25, compared to the national average (all FHA variants) of 0% for the same period.

Greenville's average FHA mortgage closing costs are $6,682.

The average rate for the prior week (2022-11-18) was 6.67% and one month ago for the week of 2022-10-21, the average rate was 6.97%.

The average rate one year ago was 3.55%.

For refis of the same type during the week of 2022-11-25, the average rate was -0.27%.

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

Greenville 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 Greenville level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
QUICKEN LOANS, LLC 501 2.73% $5,940
MOVEMENT MORTGAGE, LLC 194 3.28% $7,096
ON Q FINANCIAL, INC. 186 3.52% $7,190
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 160 3.12% $7,710
NVR Mortgage Finance, Inc. 158 3.19% $7,691
FREEDOM MORTGAGE CORPORATION 151 2.90% $4,963
PRIMELENDING, A PLAINSCAPITAL COMPANY 151 3.22% $8,170
LAKEVIEW LOAN SERVICING, LLC 150 3.02% $4,467
DHI MORTGAGE COMPANY, LTD. 146 2.79% $7,416
PENNYMAC LOAN SERVICES, LLC 115 3.07% $4,742
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 113 3.26% $8,213
Mr. Cooper ( Nationstar Mortgage ) 107 3.30% $4,293
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 102 3.28% $8,803
UNITED WHOLESALE MORTGAGE, LLC 99 2.86% $7,687
APEX HOME LOANS, INC. 94 2.59% $8,328
LOANDEPOT.COM, LLC 87 3.27% $8,501
LENDUS, LLC 86 3.41% $7,993
HOMESTAR FINANCIAL CORPORATION 85 3.18% $5,766
Carrington Mortgage Services, LLC 73 3.81% $7,478
Network Funding, L.P. 63 3.22% $8,182
BROKER SOLUTIONS, INC. 63 3.13% $7,308
SUCCESS MORTGAGE PARTNERS, INC. 61 3.17% $7,806
GUILD MORTGAGE COMPANY 59 3.19% $8,175
HOMESIDE FINANCIAL, LLC 56 2.99% $9,618
CALIBER HOME LOANS, INC. 56 2.98% $6,453
NEWREZ LLC 49 2.89% $4,453
HOME POINT FINANCIAL CORPORATION 49 2.76% $6,364
Renasant Bank 48 2.96% $9,319
CROSSCOUNTRY MORTGAGE, LLC 46 3.14% $7,459
Paramount Residential Mortgage Group, Inc. 42 3.31% $7,752
PRIMARY RESIDENTIAL MORTGAGE, INC. 39 3.71% $7,491
Ameris Bank 39 3.05% $6,911
Countybank 37 2.77% $7,263
AmeriHome Mortgage Company, LLC 36 3.00% $4,693
TOWNE MORTGAGE COMPANY 36 3.25% $7,481
VILLAGE CAPITAL MORTGAGE 35 3.11% $2,358
Lakeview Community Capital, LLC 35 2.95% $4,642
INSPIRE HOME LOANS INC. 34 3.22% $5,992
HOMEBRIDGE FINANCIAL SERVICES, INC. 32 3.04% $9,813
Equity Prime Mortgage LLC 29 3.56% $6,788
ACOPIA, LLC 28 3.33% $8,345
AMERISAVE MORTGAGE CORPORATION 28 3.04% $8,090
SOUTHWEST FUNDING, LP 28 3.67% $8,854
Sierra Pacific Mortgage Company, Inc. 27 3.08% $6,850
VANDERBILT MORTGAGE AND FINANCE, INC. 27 3.13% $9,228
NATIONS DIRECT MORTGAGE, LLC 25 3.36% $8,719
Alcova Mortgage LLC 24 3.15% $5,888
HOMEOWNERS FINANCIAL GROUP USA, LLC 21 3.32% $7,940
First Community Bank 21 2.96% $8,162
SWBC MORTGAGE CORPORATION 21 3.41% $5,984
First Heritage Mortgage, LLC 20 2.97% $8,573
ARK-LA-TEX FINANCIAL SERVICES, LLC. 19 3.39% $7,960
First Guaranty Mortgage Corporation 18 2.97% $5,727
UNION HOME MORTGAGE CORP. 18 3.09% $7,442
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 17 3.40% $8,506
Flagstar Bank, FSB 16 2.78% $6,845
CONTOUR MORTGAGE CORPORATION 15 3.24% $7,830
South State Bank 15 3.03% $6,398
KELLER MORTGAGE, LLC 14 2.84% $7,053
CRESCENT MORTGAGE COMPANY 13 2.93% $8,060
GUARANTEED RATE, INC. 13 2.90% $7,422
RESOURCE FINANCIAL SERVICES, INC. 12 3.07% $7,525
CORNERSTONE HOME LENDING, INC. 12 3.22% $6,533
ENVOY MORTGAGE, LTD 11 3.31% $7,773
Magnolia Bank 11 3.01% $6,284
Nations Lending Corporation 10 3.60% $7,603
FINANCE OF AMERICA MORTGAGE LLC 10 3.18% $7,059
Barrington Bank & Trust Company, N.A. 9 3.20% $7,621
INTERLINC MORTGAGE SERVICES, LLC 9 3.26% $6,171
Bank of America 9 2.83% $3,858
CAPITAL CENTER, L.L.C. 9 2.83% $3,898
AMERICAN FINANCIAL NETWORK, INC. 8 3.00% $8,338
RELIANCE FIRST CAPITAL, LLC 8 2.86% $9,033
GENEVA FINANCIAL, LLC 8 3.33% $8,351
Southern First Bank 8 2.78% $8,014
LOANPAL, LLC 8 2.50% $9,870
Hometown Lenders, Inc. 8 3.30% $7,724
HANCOCK MORTGAGE PARTNERS, LLC 7 3.29% $8,194
EAGLE HOME MORTGAGE, LLC 7 2.96% $7,512
RUOFF MORTGAGE COMPANY, INC. 7 3.13% $6,865
PLANET HOME LENDING, LLC 7 2.96% $3,945
OCEANSIDE MORTGAGE COMPANY 7 2.89% $3,264
RAPID MORTGAGE COMPANY 7 3.63% $7,460
United Community Bank 6 2.98% $5,961
NP, Inc. 5 3.30% $7,463
InterContinental Capital Group, Inc 5 3.03% $6,333
PANORAMA MORTGAGE GROUP, LLC 5 2.70% $5,903
MUTUAL OF OMAHA MORTGAGE, INC. 5 3.08% $6,733
SUN WEST MORTGAGE COMPANY, INC. 5 2.95% $5,971
Synovus Bank 5 2.70% $9,977
CHURCHILL MORTGAGE CORPORATION 5 3.15% $7,001
CMG MORTGAGE, INC. 5 3.35% $8,609
Blue Ridge Bank 4 2.75% $5,643
AMERICAN FINANCING CORPORATION 4 2.88% $7,211
MIDLAND MORTGAGE CORPORATION 4 2.94% $10,327
First Federal Bank 4 3.59% $10,551
POLARIS HOME FUNDING CORP. 4 3.22% $7,590
Mortgage Research Center, LLC 4 3.25% $5,025
Wells Fargo Bank 4 3.31% $5,554
PHH Mortgage Corporation 4 3.19% $5,213
Plains Commerce Bank 4 2.88% $9,173
The Federal Savings Bank 4 3.28% $6,774
ZILLOW HOME LOANS, LLC 3 2.75% $8,171
Allen Tate Mortgage Partners, LLC 3 3.13% $8,594
CALCON MUTUAL MORTGAGE LLC 3 3.83% $10,001
DATA MORTGAGE, INC. 3 3.38% $7,213
First-Citizens Bank & Trust Company 3 2.50% $6,740
GoPrime Mortgage, Inc. 3 3.38% $7,413
LOANLEADERS OF AMERICA, INC. 3 3.08% $9,982
MORIA DEVELOPMENT, INC. 3 3.38% $7,397
Regions Bank 3 2.67% $6,153
SOUTHPOINT FINANCIAL SERVICES, INC. 3 2.58% $7,213
TBI MORTGAGE COMPANY 3 2.83% $10,002
Truist 3 2.71% $7,370
United Bank 3 2.58% $7,504
NATIONWIDE MORTGAGE BANKERS, INC. 2 2.88% $8,152
FirstBank 2 2.75% $5,272
STOCKTON MORTGAGE CORPORATION 2 3.06% $7,162
M&T Bank 2 3.50% $7,242
AMERICAN FINANCIAL RESOURCES, INC. 2 3.25% $5,983
BANKSOUTH MORTGAGE COMPANY, LLC 2 2.75% $6,474
Colonial Savings, F.A. 2 3.50% $9,907
Citizens Bank 2 2.75% $5,420
MYCUMORTGAGE, LLC 2 3.06% $7,626
Florida Capital Bank 2 2.63% $9,698
ROYAL UNITED MORTGAGE LLC 2 2.88% $9,872
NEW DAY FINANCIAL, LLC 2 3.12% $4,487
TJC Mortgage, Inc. 2 3.19% $8,717
OCMBC, INC. 2 3.44% $5,316
Servion, Inc. 2 2.81% $6,662
CELEBRITY HOME LOANS, LLC 2 3.75% $10,400
Wyndham Capital Mortgage, Inc. 2 2.63% $6,907
First Palmetto Bank 2 2.88% $5,795
GUARANTY HOME MORTGAGE CORPORATION 2 3.38% $8,165
Capital City Home Loans, LLC 2 2.69% $9,757
1ST SIGNATURE LENDING, LLC 2 2.94% $8,330
AMERIFIRST FINANCIAL CORPORATION 2 4.31% $8,994
UNITED MORTGAGE CORP. 2 3.25% $8,964
Loan Simple, Inc. 2 2.31% $9,986
EVERETT FINANCIAL, INC. 2 3.19% $5,315
LEADERONE FINANCIAL CORPORATION 2 3.19% $8,598
First Horizon Bank 2 3.13% $7,126
GUARANTEED RATE AFFINITY, LLC 2 3.13% $7,567
JPMorgan Chase Bank 2 2.63% $8,740
Princeton Mortgage Corporation 1 2.88% $8,163
DIRECT MORTGAGE LOANS, LLC 1 3.63% $9,561
RADIUS FINANCIAL GROUP INC. 1 2.88% $7,465
Colten Mortgage, LLC 1 3.25% $5,685
Residential Mortgage Solutions, Inc. 1 2.85% $8,391
Champion Credit Union 1 2.50% $4,778
Century Mortgage Company DBA Century Lending Company 1 3.75% $6,787
SECURITYNATIONAL MORTGAGE COMPANY 1 2.38% $8,686
CAROLINA ONE MORTGAGE, LLC 1 4.25% $7,073
Advisors Mortgage Group, L.L.C. 1 3.13% $9,506
BETTER MORTGAGE CORPORATION 1 2.88% $7,235
SOUTHWEST STAGE FUNDING, LLC 1 3.75% $14,761
SOVEREIGN LENDING GROUP INCORPORATED 1 2.38% $7,055
STEARNS LENDING, LLC 1 2.38% $5,736
Stifel Bank and Trust 1 2.13% $4,622
Strong Home Mortgage, LLC 1 2.25% $7,497
BAY EQUITY LLC 1 2.88% $6,150
Austin Capital Bank SSB 1 3.25% $6,310
Atlantic Home Loans, Inc. 1 3.63% $9,328
Acre Mortgage and Financial Inc 1 3.63% $10,593
TD Bank 1 3.25% $3,657
Assurance Financial Group, L.L.C. 1 3.13% $8,755
The Park National Bank 1 2.75% $6,889
TOTAL MORTGAGE SERVICES, LLC 1 4.75% $12,294
ANGEL OAK HOME LOANS LLC 1 3.38% $8,063
TruHome Solutions, LLC 1 3.25% $6,312
MLD MORTGAGE INC. 1 2.38% $7,499
Trustmark National Bank 1 3.00% $4,463
Amerifirst Financial, Inc. 1 3.38% $8,246
Low VA Rates, LLC 1 3.00% $3,581
MICHIGAN MUTUAL, INC. 1 2.88% $9,200
MID AMERICA MORTGAGE, INC. 1 2.50% $3,047
Truliant Federal Credit Union 1 2.63% $7,469
American Security Mortgage Corp. 1 3.00% $7,591
Mortgage Assurance Inc. 1 2.63% $7,776
MORTGAGE EQUITY PARTNERS LLC 1 3.75% $6,360
MORTGAGE INVESTORS GROUP, INC. 1 2.75% $8,013
INTERCOASTAL MORTGAGE COMPANY 1 2.63% $8,349
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 4.25% $8,783
Hometown Equity Mortgage, LLC 1 3.63% $6,623
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.00% $9,850
HAMILTON HOME LOANS, INC. 1 2.88% $6,616
NBKC BANK 1 2.75% $6,841
Goldwater Bank, N.A. 1 2.63% $13,694
George Mason Mortgage, LLC 1 2.88% $11,260
NFM, INC. 1 3.63% $10,410
North American Savings Bank, F.S.B. 1 3.00% $7,541
NORWICH COMMERCIAL GROUP, INC. 1 5.13% $13,596
Gateway First Bank 1 3.13% $3,423
First Savings Bank 1 2.88% $7,649
OPEN MORTGAGE, LLC 1 3.63% $8,644
Paramount Bank 1 2.25% $7,216
FIRST COMMUNITY MORTGAGE, INC. 1 3.38% $4,317
First Bank 1 2.63% $7,031
FIDELITY DIRECT MORTGAGE, LLC 1 3.50% $7,537
FBC MORTGAGE, LLC 1 3.63% $5,398
PLAZA HOME MORTGAGE, INC. 1 3.00% $6,837
PNC Bank 1 2.88% $9,422
FAMILY FIRST FUNDING LLC 1 4.25% $6,156
PREMIA MORTGAGE, LLC 1 2.75% $7,878
EMBRACE HOME LOANS, INC. 1 2.88% $8,943

The top Greenville FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 501 FHA loans originated. Their average total fees are $5,940, which is $1,156 lower than the next largest lender, MOVEMENT MORTGAGE, LLC.

The lowest fee Greenville FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($2,358), Mr. Cooper ( Nationstar Mortgage ) ($4,293), NEWREZ LLC ($4,453), LAKEVIEW LOAN SERVICING, LLC ($4,467) and Lakeview Community Capital, LLC ($4,642).

The lowest rate Greenville FHA lenders (with over 10 loans originated) are APEX HOME LOANS, INC. (2.59%), QUICKEN LOANS, LLC (2.73%), HOME POINT FINANCIAL CORPORATION (2.76%), Countybank (2.77%) and Flagstar Bank, FSB (2.78%).

Greenville FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
GREENVILLE-ANDERSON, SC ANDERSON 2022 $420,680 $538,650 $651,050 $809,150
GREENVILLE-ANDERSON, SC GREENVILLE 2022 $420,680 $538,650 $651,050 $809,150
GREENVILLE-ANDERSON, SC LAURENS 2022 $420,680 $538,650 $651,050 $809,150
GREENVILLE-ANDERSON, SC PICKENS 2022 $420,680 $538,650 $651,050 $809,150

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Greenville (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 $268,794 (3.7%) $352,118 (1.7%) 1.00 3,079
2018-02-01 $269,950 (3.9%) $366,630 (5.6%) 0.98 3,082
2018-03-01 $274,600 (3.6%) $370,112 (4.4%) 0.96 3,140
2018-04-01 $274,950 (2.4%) $375,444 (3.2%) 0.93 3,266
2018-05-01 $274,500 (1.7%) $378,904 (4.8%) 0.92 3,373
2018-06-01 $278,711 (1.5%) $383,196 (4.6%) 0.93 3,456
2018-07-01 $275,000 (0.0%) $378,809 (3.0%) 0.92 3,472
2018-08-01 $273,950 (0.2%) $380,078 (3.9%) 0.92 3,443
2018-09-01 $265,137 (-1.8%) $374,377 (3.6%) 0.89 3,563
2018-10-01 $263,810 (-2.3%) $372,049 (1.9%) 0.89 3,617
2018-11-01 $264,700 (-1.9%) $373,956 (2.4%) 0.90 3,532
2018-12-01 $260,000 (-3.4%) $366,832 (1.8%) 0.90 3,426
2019-01-01 $264,243 (-1.7%) $368,315 (4.6%) 0.91 3,229
2019-02-01 $264,709 (-1.9%) $369,403 (0.8%) 0.89 3,148
2019-03-01 $275,811 (0.4%) $379,506 (2.5%) 0.90 3,072
2019-04-01 $284,700 (3.6%) $389,019 (3.6%) 0.90 3,039
2019-05-01 $285,996 (4.2%) $394,862 (4.2%) 0.89 3,195
2019-06-01 $284,000 (1.9%) $395,341 (3.2%) 0.89 3,341
2019-07-01 $279,997 (1.8%) $399,817 (5.6%) 0.88 3,520
2019-08-01 $278,632 (1.7%) $397,236 (4.5%) 0.88 3,512
2019-09-01 $276,587 (4.3%) $392,984 (5.0%) 0.89 3,514
2019-10-01 $275,000 (4.2%) $390,833 (5.1%) 0.89 3,502
2019-11-01 $274,900 (3.9%) $392,211 (4.9%) 0.90 3,405
2019-12-01 $269,450 (3.6%) $385,872 (5.2%) 0.90 3,217
2020-01-01 $269,450 (2.0%) $385,412 (4.6%) 0.90 3,073
2020-02-01 $275,488 (4.1%) $399,302 (8.1%) 0.90 2,903
2020-03-01 $279,900 (1.5%) $407,318 (7.3%) 0.88 2,915
2020-04-01 $279,900 (-1.7%) $404,145 (3.9%) 0.88 3,014
2020-05-01 $285,245 (-0.3%) $417,867 (5.8%) 0.87 2,925
2020-06-01 $297,995 (4.9%) $433,807 (9.7%) 0.88 2,584
2020-07-01 $289,900 (3.5%) $431,620 (8.0%) 0.84 2,485
2020-08-01 $290,000 (4.1%) $439,932 (10.8%) 0.83 2,323
2020-09-01 $289,950 (4.8%) $444,081 (13.0%) 0.83 2,149
2020-10-01 $283,263 (3.0%) $429,886 (10.0%) 0.81 2,123
2020-11-01 $279,900 (1.8%) $415,881 (6.0%) 0.82 2,123
2020-12-01 $276,756 (2.7%) $410,415 (6.4%) 0.82 1,965
2021-01-01 $275,000 (2.1%) $418,446 (8.6%) 0.82 1,715
2021-02-01 $282,963 (2.7%) $432,236 (8.3%) 0.82 1,483
2021-03-01 $297,037 (6.1%) $452,590 (11.1%) 0.84 1,263
2021-04-01 $311,401 (11.3%) $477,169 (18.1%) 0.84 1,114
2021-05-01 $300,000 (5.2%) $494,744 (18.4%) 0.79 1,021
2021-06-01 $317,375 (6.5%) $499,208 (15.1%) 0.84 1,085
2021-07-01 $317,170 (9.4%) $489,854 (13.5%) 0.83 1,267
2021-08-01 $339,587 (17.1%) $509,145 (15.7%) 0.91 1,320
2021-09-01 $343,086 (18.3%) $512,880 (15.5%) 0.91 1,324
2021-10-01 $335,000 (18.3%) $504,271 (17.3%) 0.89 1,325
2021-11-01 $326,450 (16.6%) $502,352 (20.8%) 0.87 1,257
2021-12-01 $327,695 (18.4%) $497,015 (21.1%) 0.89 1,198
2022-01-01 $324,900 (18.2%) $494,559 (18.2%) 0.88 1,052
2022-02-01 $342,123 (20.9%) $505,156 (16.9%) 0.89 882
2022-03-01 $337,475 (13.6%) $506,259 (11.9%) 0.84 839
2022-04-01 $350,000 (12.4%) $507,355 (6.3%) 0.84 881
2022-05-01 $354,248 (18.1%) $504,530 (2.0%) 0.81 1,123
2022-06-01 $354,140 (11.6%) $488,905 (-2.1%) 0.79 1,409
2022-07-01 $351,673 (10.9%) $485,297 (-0.9%) 0.80 1,811
2022-08-01 $350,000 (3.1%) $485,578 (-4.6%) 0.81 1,950
2022-09-01 $349,500 (1.9%) $477,561 (-6.9%) 0.82 2,054
2022-10-01 $345,000 (3.0%) $475,991 (-5.6%) 0.81 2,301
Greenville's median listing price for 2022-10-01 was $345,000, a difference of $10,000 (3.0%) versus the prior year and $-4,500 versus the prior month.

Greenville's median listing price comes in at 81% of the national average.

Greenville's average listing price for 2022-10-01 was $475,991, a difference of $-28,280 (-5.6%) versus the prior year and $-1,570 versus the prior month.

For the 2022-10-01 period, Greenville had 2,301 MLS listings, a difference of 247 listings (12%) versus the prior month and 976 listings (74%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Greenville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 87 days 2,156 sqft
2018-02-01 82 days 2,165 sqft
2018-03-01 65 days 2,325 sqft
2018-04-01 61 days 2,396 sqft
2018-05-01 58 days 2,340 sqft
2018-06-01 61 days 2,349 sqft
2018-07-01 67 days 2,306 sqft
2018-08-01 73 days 2,276 sqft
2018-09-01 72 days 2,200 sqft
2018-10-01 71 days 2,187 sqft
2018-11-01 74 days 2,154 sqft
2018-12-01 85 days 2,125 sqft
2019-01-01 94 days 2,115 sqft
2019-02-01 93 days 2,089 sqft
2019-03-01 78 days 2,158 sqft
2019-04-01 62 days 2,225 sqft
2019-05-01 56 days 2,217 sqft
2019-06-01 59 days 2,200 sqft
2019-07-01 59 days 2,204 sqft
2019-08-01 62 days 2,149 sqft
2019-09-01 66 days 2,127 sqft
2019-10-01 70 days 2,120 sqft
2019-11-01 73 days 2,154 sqft
2019-12-01 82 days 2,117 sqft
2020-01-01 86 days 2,133 sqft
2020-02-01 83 days 2,194 sqft
2020-03-01 66 days 2,200 sqft
2020-04-01 66 days 2,200 sqft
2020-05-01 70 days 2,239 sqft
2020-06-01 79 days 2,254 sqft
2020-07-01 66 days 2,232 sqft
2020-08-01 59 days 2,225 sqft
2020-09-01 58 days 2,114 sqft
2020-10-01 58 days 2,050 sqft
2020-11-01 57 days 1,991 sqft
2020-12-01 66 days 1,987 sqft
2021-01-01 73 days 1,955 sqft
2021-02-01 64 days 1,915 sqft
2021-03-01 56 days 1,860 sqft
2021-04-01 54 days 1,976 sqft
2021-05-01 43 days 1,979 sqft
2021-06-01 41 days 1,983 sqft
2021-07-01 35 days 1,992 sqft
2021-08-01 39 days 2,036 sqft
2021-09-01 46 days 2,013 sqft
2021-10-01 46 days 1,919 sqft
2021-11-01 48 days 1,870 sqft
2021-12-01 51 days 1,902 sqft
2022-01-01 58 days 1,866 sqft
2022-02-01 42 days 1,902 sqft
2022-03-01 38 days 1,896 sqft
2022-04-01 35 days 1,864 sqft
2022-05-01 33 days 1,979 sqft
2022-06-01 33 days 1,922 sqft
2022-07-01 36 days 2,001 sqft
2022-08-01 42 days 1,989 sqft
2022-09-01 47 days 2,050 sqft
2022-10-01 47 days 2,164 sqft
Greenville's median listing age (time on market) for 2022-10-01 was 47 days. This is 2% longer than the same period one year ago.

Greenville's median square footage for active listings during the 2022-10-01 period was 2,164 sqft. One year prior, the average listing was 1,919 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).