Greenville FHA Loan Rates, Closing Costs & Stats

GREENVILLE-ANDERSON, SC

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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.

    Greenville's 191 lenders originated 3,632 FHA loans during 2024. The total origination value was $937,630,000, with an average FHA loan value of $258,158.

    Greenville FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Greenville averaged 0.16% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

    Greenville's average FHA mortgage closing costs are $8,186.

    The average rate for the prior week (2025-06-13) was 6.84% and one month ago for the week of 2025-05-16, the average rate was 6.4%.

    The average rate one year ago was 6.66%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.02%.

    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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 304 6.28% $11,338
    DHI MORTGAGE COMPANY, LTD. 261 5.32% $8,230
    UNITED WHOLESALE MORTGAGE, LLC 204 6.22% $12,726
    NVR Mortgage Finance, Inc. 188 6.14% $11,373
    LOANDEPOT.COM, LLC 143 5.80% $12,946
    FREEDOM MORTGAGE CORPORATION 108 6.40% $13,015
    PRIMELENDING, A PLAINSCAPITAL COMPANY 98 6.36% $12,879
    FBC MORTGAGE, LLC 87 5.41% $8,990
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 86 6.43% $11,109
    PENNYMAC LOAN SERVICES, LLC 73 6.01% $9,123
    EAGLE HOME MORTGAGE, LLC 72 6.04% $11,586
    BROKER SOLUTIONS, INC. 72 6.77% $11,546
    MOVEMENT MORTGAGE, LLC 72 6.62% $11,727
    CARDINAL FINANCIAL 53 6.40% $10,622
    American Mortgage & Equity Consultants, Inc. 49 6.11% $12,493
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 47 6.58% $11,600
    ACOPIA, LLC 44 6.25% $14,647
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 44 6.37% $12,505
    CROSSCOUNTRY MORTGAGE, LLC 43 6.61% $11,895
    Countybank 40 6.41% $10,077
    HOMESIDE FINANCIAL, LLC 37 6.68% $13,024
    SOUTHPOINT FINANCIAL SERVICES, INC. 37 6.39% $7,248
    Renasant Bank 36 6.10% $12,547
    Equity Prime Mortgage LLC 35 7.05% $12,771
    NEWREZ LLC 33 6.49% $9,517
    Mr. Cooper ( Nationstar Mortgage ) 28 6.38% $14,627
    Ameris Bank 28 6.07% $10,470
    TOWNE MORTGAGE COMPANY 27 6.09% $11,432
    Southern First Bank 26 6.27% $10,693
    AMERICAN PACIFIC MORTGAGE CORPORATION 25 6.73% $12,197
    GUILD MORTGAGE COMPANY 25 6.53% $9,657
    South State Bank 25 6.35% $8,962
    T2 FINANCIAL LLC 24 6.64% $12,736
    VANDERBILT MORTGAGE AND FINANCE, INC. 23 5.59% $10,919
    Century Mortgage Company DBA Century Lending Company 23 6.18% $13,885
    Flagstar Bank, FSB 23 5.97% $9,167
    MUTUAL OF OMAHA MORTGAGE, INC. 23 6.44% $14,491
    First Heritage Mortgage, LLC 22 5.81% $11,637
    INSPIRE HOME LOANS INC. 22 5.22% $7,863
    GSF Mortgage Corporation 20 6.76% $11,867
    HOMEOWNERS FINANCIAL GROUP USA, LLC 20 6.46% $12,012
    DELMAR FINANCIAL COMPANY 20 6.36% $10,594
    Network Funding, L.P. 18 6.05% $10,501
    United Community Bank 15 6.47% $10,165
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 15 6.61% $9,283
    Princeton Mortgage Corporation 14 6.87% $10,385
    First Community Bank 14 6.45% $11,091
    LAKEVIEW LOAN SERVICING, LLC 14 6.52% $8,481
    Lakeview Community Capital, LLC 13 6.40% $8,735
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 13 7.16% $12,985
    UNION HOME MORTGAGE CORP. 13 7.13% $12,030
    GUARANTEED RATE, INC. 12 6.59% $10,405
    AMERICAN FINANCIAL RESOURCES, INC. 12 6.39% $15,168
    AMERICAN FINANCIAL NETWORK, INC. 12 6.68% $11,538
    Carrington Mortgage Services, LLC 11 6.36% $12,698
    Truist 11 6.30% $9,402
    EVERETT FINANCIAL, INC. 11 6.66% $13,846
    Paramount Residential Mortgage Group, Inc. 10 6.58% $11,644
    SOUTHWEST FUNDING, LP 10 7.10% $10,750
    CMG MORTGAGE, INC. 10 6.22% $10,034
    PLAZA HOME MORTGAGE, INC. 9 6.79% $13,514
    HOMEBRIDGE FINANCIAL SERVICES, INC. 9 6.00% $10,140
    STOCKTON MORTGAGE CORPORATION 8 6.50% $12,631
    NFM, INC. 8 6.75% $11,294
    VILLAGE CAPITAL MORTGAGE 8 6.61% $8,410
    PRIMARY RESIDENTIAL MORTGAGE, INC. 8 6.70% $11,526
    Presidential Bank, FSB 8 6.33% $11,754
    JET HOMELOANS, LLC 8 5.46% $13,357
    AMERISAVE MORTGAGE CORPORATION 8 6.55% $13,775
    CALCON MUTUAL MORTGAGE LLC 7 5.27% $12,342
    Magnolia Bank 7 5.79% $11,639
    RELIANCE FIRST CAPITAL, LLC 7 6.34% $16,818
    PULTE MORTGAGE LLC 6 5.29% $9,736
    VERITAS FUNDING, LLC 6 6.17% $15,375
    HOWARD HANNA FINANCIAL SERVICES, INC. 6 6.35% $9,599
    1ST SIGNATURE LENDING, LLC 6 6.44% $12,334
    The Loan Store, Inc. 6 5.77% $11,896
    PNC Bank 6 6.69% $8,481
    MID AMERICA MORTGAGE, INC. 6 7.38% $9,238
    SWBC MORTGAGE CORPORATION 6 6.48% $5,385
    LOANPAL, LLC 6 5.92% $10,693
    RAPID MORTGAGE COMPANY 6 6.54% $11,241
    RESOURCE FINANCIAL SERVICES, INC. 6 6.21% $10,218
    ZILLOW HOME LOANS, LLC 5 6.08% $11,308
    BANKSOUTH MORTGAGE COMPANY, LLC 5 6.00% $10,038
    BAY EQUITY LLC 5 6.40% $8,839
    EVANSVILLE TEACHERS 5 6.08% $8,520
    Mortgage Research Center, LLC 5 6.85% $7,251
    ON Q FINANCIAL, INC. 5 6.18% $9,881
    PLANET HOME LENDING, LLC 5 6.40% $6,974
    Bank of America 4 6.22% $5,380
    EMM LOANS LLC 4 6.09% $16,141
    AmeriHome Mortgage Company, LLC 4 6.75% $6,287
    NATIONS DIRECT MORTGAGE, LLC 4 7.16% $12,759
    SUN WEST MORTGAGE COMPANY, INC. 4 6.12% $10,683
    NATIONWIDE MORTGAGE BANKERS, INC. 4 6.50% $11,387
    NEW FED MORTGAGE, CORP. 4 6.44% $13,274
    The Federal Savings Bank 4 6.31% $15,412
    LIBERTY HOME MORTGAGE CORPORATION 4 6.88% $11,352
    PREMIER MORTGAGE RESOURCES, L.L.C. 4 6.47% $12,966
    TOP FLITE FINANCIAL, INC. 4 7.03% $14,107
    First Palmetto Bank 4 6.72% $10,934
    PHH Mortgage Corporation 3 6.17% $9,647
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 6.17% $18,063
    Regions Bank 3 6.33% $9,447
    Synovus Bank 3 6.21% $9,254
    CONTOUR MORTGAGE CORPORATION 3 6.54% $10,202
    First Reliance Bank 3 6.25% $7,799
    POLARIS HOME FUNDING CORP. 3 6.21% $11,110
    U.S. Bank 3 6.21% $8,322
    Pinnacle Bank 3 6.04% $10,818
    TD Bank 3 6.75% $6,057
    Alcova Mortgage LLC 3 6.67% $9,682
    V.I.P. MORTGAGE, INC. 3 6.04% $13,388
    Keystone Funding, Inc. 3 5.79% $14,229
    The Park National Bank 3 5.75% $9,265
    M&T Bank 3 6.67% $11,219
    MICHIGAN MUTUAL, INC. 3 6.42% $12,933
    Summit Mortgage Corporation 3 7.00% $8,973
    UNITED MORTGAGE CORP 3 6.46% $11,123
    MORTGAGE EQUITY PARTNERS LLC 2 6.94% $10,485
    SECURITYNATIONAL MORTGAGE COMPANY 2 6.38% $11,304
    MORTGAGE INVESTORS GROUP, INC. 2 6.37% $6,775
    Wells Fargo Bank 2 6.50% $8,650
    NORWICH COMMERCIAL GROUP, INC. 2 7.19% $12,151
    NP, Inc. 2 6.88% $11,348
    CAPITAL CENTER, L.L.C. 2 5.94% $6,403
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 2 6.75% $8,131
    SUCCESS MORTGAGE PARTNERS, INC. 2 6.75% $14,108
    SUMMIT FUNDING, INC. 2 7.00% $11,886
    Blue Ridge Bank 2 6.63% $6,587
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.25% $14,878
    FIRST COMMUNITY MORTGAGE, INC. 2 6.62% $10,353
    Truliant Federal Credit Union 2 6.25% $7,592
    BancorpSouth 2 6.00% $13,164
    INTERLINC MORTGAGE SERVICES, LLC 2 6.50% $4,941
    Atlantic Coast Mortgage, LLC 2 6.38% $12,945
    AMERICAN FINANCING CORPORATION 2 5.56% $14,014
    Waterstone Mortgage Corporation 2 6.44% $10,263
    JPMorgan Chase Bank 2 6.88% $4,908
    LADERA LENDING, INC. 2 5.81% $11,643
    FLAT BRANCH MORTGAGE, INC. 2 5.81% $12,661
    First-Citizens Bank & Trust Company 2 5.44% $11,471
    FIRST ALLIANCE HOME MORTGAGE, LLC 2 5.50% $14,219
    MYCUMORTGAGE, LLC 2 6.75% $7,109
    EUSTIS AND AMERICAN MORTGAGE COMPANY 2 7.13% $21,104
    Nations Lending Corporation 2 6.50% $13,021
    MILEND, INC. 2 6.00% $14,349
    Cornerstone First Mortgage, Inc 2 5.69% $21,441
    ROYAL UNITED MORTGAGE LLC 2 7.25% $9,237
    United Bank 1 6.25% $12,505
    INTERCOASTAL MORTGAGE COMPANY 1 6.75% $10,954
    LAND HOME FINANCIAL SERVICES, INC. 1 7.50% $10,689
    Integrity Home Mortgage Corp 1 5.75% $10,755
    Loan Simple, Inc. 1 6.25% $16,576
    GUARANTEED RATE AFFINITY, LLC 1 6.25% $7,612
    MEMBER FIRST MORTGAGE, LLC 1 6.25% $8,325
    GoPrime Mortgage, Inc. 1 6.25% $9,713
    GENEVA FINANCIAL, LLC 1 6.25% $10,853
    GARDNER FINANCIAL SERVICES, LTD. 1 5.75% $17,258
    NATION ONE MORTGAGE CORPORATION 1 6.13% $18,993
    NBKC BANK 1 6.75% $7,733
    NEW DAY FINANCIAL, LLC 1 7.50% $3,143
    NEXERA HOLDING LLC 1 6.13% $9,184
    First Option Mortgage, LLC 1 7.13% $16,760
    Old National Bank 1 5.75% $8,831
    Wolfe Financial, Inc 1 5.75% $8,227
    First Federal Bank 1 6.25% $8,840
    Plains Commerce Bank 1 5.88% $17,732
    ABSOLUTE HOME MORTGAGE CORPORATION 1 6.63% $17,460
    Fifth Third Bank 1 6.25% $8,775
    East Coast Capital Corp. 1 6.88% $6,407
    Prosperity Home Mortgage, LLC 1 6.25% $11,182
    DIRECT MORTGAGE LOANS, LLC 1 5.50% $11,065
    CRESCENT MORTGAGE COMPANY 1 6.25% $9,093
    COUNTRYPLACE MORTGAGE, LTD. 1 6.13% $15,433
    RESIDENTIAL BANCORP 1 6.13% $8,249
    Commerce Home Mortgage, Inc. 1 6.63% $10,958
    Simmons Bank 1 5.63% $12,641
    SIRVA MORTGAGE, INC. 1 6.50% $6,671
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 5.75% $12,155
    City Lending Inc. 1 8.25% $14,467
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.63% $8,962
    CASTLE & COOKE MORTGAGE, LLC 1 5.75% $11,039
    Capital Bank 1 7.75% $8,363
    BETTER MORTGAGE CORPORATION 1 6.25% $8,526
    Barrington Bank & Trust Company, N.A. 1 6.75% $11,577
    TOTAL MORTGAGE SERVICES, LLC 1 6.75% $18,349
    Bank of England 1 6.63% $8,138
    TruHome Solutions, LLC 1 7.00% $7,842
    American Security Mortgage Corp. 1 6.63% $10,363

    The top Greenville FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 304 FHA loans originated. Their average total fees are $11,338, which is $3,109 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Greenville FHA lenders (with over 10 loans originated) are SOUTHPOINT FINANCIAL SERVICES, INC. ($7,248), INSPIRE HOME LOANS INC. ($7,863), DHI MORTGAGE COMPANY, LTD. ($8,230), LAKEVIEW LOAN SERVICING, LLC ($8,481) and Lakeview Community Capital, LLC ($8,735).

    The lowest rate Greenville FHA lenders (with over 10 loans originated) are INSPIRE HOME LOANS INC. (5.22%), DHI MORTGAGE COMPANY, LTD. (5.32%), FBC MORTGAGE, LLC (5.41%), VANDERBILT MORTGAGE AND FINANCE, INC. (5.59%) and LOANDEPOT.COM, LLC (5.80%).

    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
    GREENVILLE-ANDERSON, SC ANDERSON 2023 $472,030 $604,400 $730,525 $907,900
    GREENVILLE-ANDERSON, SC GREENVILLE 2023 $472,030 $604,400 $730,525 $907,900
    GREENVILLE-ANDERSON, SC LAURENS 2023 $472,030 $604,400 $730,525 $907,900
    GREENVILLE-ANDERSON, SC PICKENS 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).