Greenville FHA Loan Rates, Closing Costs & Stats

GREENVILLE, NC

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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 85 lenders originated 519 FHA loans during 2024. The total origination value was $127,515,000, with an average FHA loan value of $245,694.

    Greenville FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Greenville averaged 6.23% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

    Greenville's average FHA mortgage closing costs are $7,616.

    The average rate for the prior week (2025-03-28) was 6.13% and one month ago for the week of 2025-02-28, the average rate was 6.41%.

    The average rate one year ago was 6.33%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.26%.

    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
    DHI MORTGAGE COMPANY, LTD. 81 4.86% $6,991
    QUICKEN LOANS, LLC 50 6.40% $10,202
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 47 6.49% $12,078
    INSPIRE HOME LOANS INC. 31 5.60% $8,781
    Alcova Mortgage LLC 24 6.18% $9,579
    American Security Mortgage Corp. 20 6.31% $10,201
    UNITED WHOLESALE MORTGAGE, LLC 16 6.09% $12,012
    Truist 15 6.16% $10,569
    MOVEMENT MORTGAGE, LLC 15 6.48% $8,577
    BROKER SOLUTIONS, INC. 11 6.68% $9,433
    PENNYMAC LOAN SERVICES, LLC 11 6.20% $11,172
    Towne Bank 10 6.61% $9,155
    MICHIGAN MUTUAL, INC. 8 6.25% $7,907
    Mortgage Research Center, LLC 7 6.59% $6,861
    FREEDOM MORTGAGE CORPORATION 7 6.11% $10,253
    Equity Prime Mortgage LLC 7 6.75% $8,051
    LOANDEPOT.COM, LLC 7 6.48% $9,771
    CROSSCOUNTRY MORTGAGE, LLC 5 6.61% $9,484
    SUN WEST MORTGAGE COMPANY, INC. 5 5.72% $13,986
    EMM LOANS LLC 4 6.13% $11,172
    Integrity Home Mortgage Corp 4 6.59% $10,975
    CORNERSTONE HOME LENDING, INC. 4 6.19% $10,414
    SUCCESS MORTGAGE PARTNERS, INC. 3 6.54% $10,517
    NEWREZ LLC 3 5.79% $10,138
    TIDEWATER MORTGAGE SERVICES, INC. 3 6.46% $9,781
    GUILD MORTGAGE COMPANY 3 6.17% $13,962
    AMERISAVE MORTGAGE CORPORATION 3 5.96% $13,869
    RAPID MORTGAGE COMPANY 3 6.71% $11,044
    UNION HOME MORTGAGE CORP. 3 5.66% $9,118
    AFFORDABLE MORTGAGE ADVISORS, LLC. 2 6.50% $9,658
    AMERICAN FINANCING CORPORATION 2 5.81% $11,950
    CARDINAL FINANCIAL 2 6.44% $9,790
    Carrington Mortgage Services, LLC 2 6.69% $10,625
    FBC MORTGAGE, LLC 2 5.49% $7,696
    Flagstar Bank, FSB 2 7.00% $11,276
    GUARANTEED RATE, INC. 2 6.04% $13,622
    LAKEVIEW LOAN SERVICING, LLC 2 6.23% $6,755
    LOANPAL, LLC 2 5.19% $15,963
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.75% $11,452
    Mr. Cooper ( Nationstar Mortgage ) 2 6.25% $15,629
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.56% $11,575
    RELIANCE FIRST CAPITAL, LLC 2 6.19% $15,242
    United Community Bank 2 6.38% $8,790
    ZILLOW HOME LOANS, LLC 1 6.75% $9,880
    Loan Simple, Inc. 1 7.25% $9,902
    HOMESTEAD FUNDING CORP. 1 7.25% $5,267
    MID AMERICA MORTGAGE, INC. 1 6.63% $24,090
    MILEND, INC. 1 6.75% $10,210
    MLD MORTGAGE INC. 1 6.63% $10,863
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.49% $4,598
    ALLIED MORTGAGE GROUP, INC. 1 5.75% $11,995
    First Federal Bank 1 7.38% $14,249
    U.S. Bank 1 6.63% $4,627
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.25% $8,630
    Nations Lending Corporation 1 7.63% $12,530
    NETWORK CAPITAL FUNDING CORPORATION 1 5.50% $22,503
    First-Citizens Bank & Trust Company 1 6.63% $8,811
    Paramount Residential Mortgage Group, Inc. 1 6.13% $15,458
    EVERETT FINANCIAL, INC. 1 5.13% $9,275
    PENTAGON FEDERAL CREDIT UNION 1 5.75% $9,308
    Plains Commerce Bank 1 7.13% $7,440
    PLANET HOME LENDING, LLC 1 6.38% $3,844
    PREMIA MORTGAGE, LLC 1 6.25% $4,039
    VILLAGE CAPITAL MORTGAGE 1 7.25% $1,151
    Prosperity Home Mortgage, LLC 1 6.25% $9,745
    CMG MORTGAGE, INC. 1 5.99% $8,648
    Century Mortgage Company DBA Century Lending Company 1 6.13% $10,876
    Regions Bank 1 6.63% $8,255
    Wells Fargo Bank 1 6.13% $6,329
    Residential Acceptance Corporation 1 6.88% $10,368
    ROYAL UNITED MORTGAGE LLC 1 7.00% $5,615
    Blue Ridge Bank 1 7.13% $12,172
    Bell Bank 1 6.63% $6,262
    T2 FINANCIAL LLC 1 6.75% $13,257
    BAYSHORE MORTGAGE FUNDING, LLC 1 7.75% $9,700
    Barrington Bank & Trust Company, N.A. 1 7.75% $12,189
    Towne Mortgage of the Carolinas, LLC 1 7.25% $6,461
    AmeriHome Mortgage Company, LLC 1 7.13% $4,573
    INTERCOASTAL MORTGAGE COMPANY 1 7.38% $5,580
    ISERVE RESIDENTIAL LENDING, LLC 1 5.75% $13,602
    JPMorgan Chase Bank 1 5.50% $12,905
    Keystone Funding, Inc. 1 5.75% $11,566
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $10,189
    LEGEND LENDING CORPORATION 1 6.63% $15,239
    HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.63% $10,562

    The top Greenville FHA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 81 FHA loans originated. Their average total fees are $6,991, which is $3,210 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Greenville FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($6,991), MOVEMENT MORTGAGE, LLC ($8,577), INSPIRE HOME LOANS INC. ($8,781), Towne Bank ($9,155) and BROKER SOLUTIONS, INC. ($9,433).

    The lowest rate Greenville FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.86%), INSPIRE HOME LOANS INC. (5.60%), UNITED WHOLESALE MORTGAGE, LLC (6.09%), Truist (6.16%) and Alcova Mortgage LLC (6.18%).

    Greenville FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    GREENVILLE, NC PITT 2022 $420,680 $538,650 $651,050 $809,150
    GREENVILLE, NC PITT 2023 $472,030 $604,400 $730,525 $907,900

    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 $194,700 (14.6%) $227,940 (13.2%) 0.72 528
    2018-02-01 $196,450 (15.6%) $233,899 (13.4%) 0.71 522
    2018-03-01 $198,750 (12.3%) $234,674 (12.2%) 0.70 535
    2018-04-01 $207,450 (15.3%) $245,507 (15.7%) 0.70 536
    2018-05-01 $204,900 (9.9%) $243,978 (10.8%) 0.68 560
    2018-06-01 $205,750 (8.9%) $245,041 (8.8%) 0.69 574
    2018-07-01 $204,900 (9.4%) $246,868 (9.5%) 0.68 553
    2018-08-01 $199,900 (9.6%) $244,198 (10.1%) 0.67 536
    2018-09-01 $197,100 (6.6%) $234,897 (4.9%) 0.66 554
    2018-10-01 $196,725 (2.5%) $232,796 (3.2%) 0.67 546
    2018-11-01 $198,900 (2.0%) $236,106 (3.3%) 0.67 508
    2018-12-01 $198,150 (3.2%) $235,455 (5.4%) 0.68 466
    2019-01-01 $199,900 (2.7%) $236,915 (3.9%) 0.69 397
    2019-02-01 $203,150 (3.4%) $239,374 (2.3%) 0.69 388
    2019-03-01 $214,050 (7.7%) $246,010 (4.8%) 0.70 371
    2019-04-01 $223,335 (7.7%) $253,808 (3.4%) 0.71 360
    2019-05-01 $239,900 (17.1%) $262,929 (7.8%) 0.75 353
    2019-06-01 $238,900 (16.1%) $260,607 (6.4%) 0.75 340
    2019-07-01 $222,445 (8.6%) $247,304 (0.2%) 0.70 367
    2019-08-01 $221,175 (10.6%) $247,306 (1.3%) 0.70 371
    2019-09-01 $215,451 (9.3%) $241,180 (2.7%) 0.69 383
    2019-10-01 $211,636 (7.6%) $237,096 (1.9%) 0.68 385
    2019-11-01 $219,900 (10.6%) $239,011 (1.2%) 0.72 367
    2019-12-01 $225,000 (13.6%) $243,769 (3.5%) 0.75 372
    2020-01-01 $227,000 (13.6%) $252,949 (6.8%) 0.76 341
    2020-02-01 $229,950 (13.2%) $258,095 (7.8%) 0.75 323
    2020-03-01 $235,975 (10.2%) $266,333 (8.3%) 0.74 334
    2020-04-01 $238,250 (6.7%) $269,685 (6.3%) 0.75 341
    2020-05-01 $251,495 (4.8%) $284,369 (8.2%) 0.76 315
    2020-06-01 $257,748 (7.9%) $294,725 (13.1%) 0.76 277
    2020-07-01 $267,700 (20.3%) $317,280 (28.3%) 0.78 267
    2020-08-01 $267,500 (21.0%) $335,889 (35.8%) 0.77 244
    2020-09-01 $266,700 (23.8%) $329,791 (36.7%) 0.76 221
    2020-10-01 $264,900 (25.2%) $323,472 (36.4%) 0.76 205
    2020-11-01 $261,748 (19.0%) $327,686 (37.1%) 0.77 202
    2020-12-01 $257,198 (14.3%) $334,919 (37.4%) 0.76 177
    2021-01-01 $257,500 (13.4%) $340,541 (34.6%) 0.77 158
    2021-02-01 $251,695 (9.5%) $336,303 (30.3%) 0.73 128
    2021-03-01 $265,795 (12.6%) $353,204 (32.6%) 0.75 127
    2021-04-01 $247,450 (3.9%) $333,669 (23.7%) 0.67 136
    2021-05-01 $238,900 (-5.0%) $334,681 (17.7%) 0.63 137
    2021-06-01 $250,373 (-2.9%) $343,036 (16.4%) 0.66 139
    2021-07-01 $243,500 (-9.0%) $322,272 (1.6%) 0.64 160
    2021-08-01 $244,500 (-8.6%) $282,397 (-15.9%) 0.65 179
    2021-09-01 $250,243 (-6.2%) $286,722 (-13.1%) 0.67 190
    2021-10-01 $253,245 (-4.4%) $294,227 (-9.0%) 0.68 182
    2021-11-01 $275,000 (5.1%) $317,244 (-3.2%) 0.74 170
    2021-12-01 $255,748 (-0.6%) $301,493 (-10.0%) 0.69 147
    2022-01-01 $263,500 (2.3%) $311,595 (-8.5%) 0.71 103
    2022-02-01 $262,450 (4.3%) $307,957 (-8.4%) 0.68 80
    2022-03-01 $259,975 (-2.2%) $314,477 (-11.0%) 0.65 71
    2022-04-01 $279,900 (13.1%) $368,052 (10.3%) 0.67 94
    2022-05-01 $293,225 (22.7%) $379,655 (13.4%) 0.67 119
    2022-06-01 $320,745 (28.1%) $391,080 (14.0%) 0.71 145
    2022-07-01 $337,045 (38.4%) $403,044 (25.1%) 0.76 178
    2022-08-01 $346,175 (41.6%) $404,031 (43.1%) 0.80 195
    2022-09-01 $334,823 (33.8%) $385,680 (34.5%) 0.78 224
    2022-10-01 $347,500 (37.2%) $397,580 (35.1%) 0.82 231
    2022-11-01 $353,225 (28.5%) $395,265 (24.6%) 0.85 247
    2022-12-01 $343,400 (34.3%) $383,243 (27.1%) 0.85 257
    2023-01-01 $345,525 (31.1%) $392,234 (25.9%) 0.86 250
    2023-02-01 $337,000 (28.4%) $355,715 (15.5%) 0.81 227
    2023-03-01 $344,900 (32.7%) $357,596 (13.7%) 0.81 225
    2023-04-01 $343,200 (22.6%) $364,900 (-0.9%) 0.80 223
    2023-05-01 $345,475 (17.8%) $368,908 (-2.8%) 0.78 217
    2023-06-01 $344,950 (7.6%) $365,196 (-6.6%) 0.78 211
    2023-07-01 $324,900 (-3.6%) $357,403 (-11.3%) 0.74 223
    2023-08-01 $320,275 (-7.5%) $345,272 (-14.5%) 0.74 236
    2023-09-01 $319,500 (-4.6%) $341,763 (-11.4%) 0.74 241
    2023-10-01 $317,995 (-8.5%) $343,344 (-13.6%) 0.75 251
    2023-11-01 $313,095 (-11.4%) $325,954 (-17.5%) 0.75 282
    2023-12-01 $309,900 (-9.8%) $324,686 (-15.3%) 0.76 289
    2024-01-01 $302,550 (-12.4%) $317,237 (-19.1%) 0.74 280
    2024-02-01 $297,450 (-11.7%) $316,187 (-11.1%) 0.72 281
    2024-03-01 $294,950 (-14.5%) $319,510 (-10.7%) 0.69 309
    2024-04-01 $294,450 (-14.2%) $322,524 (-11.6%) 0.68 309
    2024-05-01 $292,450 (-15.4%) $320,932 (-13.0%) 0.67 337
    2024-06-01 $295,000 (-14.5%) $320,975 (-12.1%) 0.67 353
    2024-07-01 $297,225 (-8.5%) $331,441 (-7.3%) 0.68 364
    2024-08-01 $295,000 (-7.9%) $323,502 (-6.3%) 0.69 379
    2024-09-01 $296,625 (-7.2%) $328,704 (-3.8%) 0.70 386
    2024-10-01 $295,000 (-7.2%) $329,364 (-4.1%) 0.69 394
    2024-11-01 $289,900 (-7.4%) $327,572 (0.5%) 0.70 425
    2024-12-01 $292,200 (-5.7%) $324,784 (0.0%) 0.73 428
    2025-01-01 $293,100 (-3.1%) $325,391 (2.6%) 0.73 424
    2025-02-01 $290,500 (-2.3%) $326,105 (3.1%) 0.71 402
    2025-03-01 $299,900 (1.7%) $335,412 (5.0%) 0.00 404
    Greenville's median listing price for 2025-03-01 was $299,900, a difference of $4,950 (1.7%) versus the prior year and $9,400 versus the prior month.

    Greenville's median listing price comes in at 0% of the national average.

    Greenville's average listing price for 2025-03-01 was $335,412, a difference of $15,902 (5.0%) versus the prior year and $9,307 versus the prior month.

    For the 2025-03-01 period, Greenville had 404 MLS listings, a difference of 2 listings (0%) versus the prior month and 95 listings (31%) 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 94 days 2,010 sqft
    2018-02-01 78 days 2,084 sqft
    2018-03-01 67 days 2,055 sqft
    2018-04-01 60 days 2,156 sqft
    2018-05-01 58 days 2,125 sqft
    2018-06-01 58 days 2,144 sqft
    2018-07-01 67 days 2,092 sqft
    2018-08-01 73 days 2,073 sqft
    2018-09-01 78 days 2,021 sqft
    2018-10-01 84 days 2,011 sqft
    2018-11-01 94 days 2,039 sqft
    2018-12-01 101 days 2,019 sqft
    2019-01-01 101 days 1,989 sqft
    2019-02-01 82 days 2,064 sqft
    2019-03-01 62 days 2,145 sqft
    2019-04-01 49 days 2,214 sqft
    2019-05-01 41 days 2,290 sqft
    2019-06-01 52 days 2,231 sqft
    2019-07-01 51 days 2,145 sqft
    2019-08-01 54 days 2,169 sqft
    2019-09-01 59 days 2,133 sqft
    2019-10-01 63 days 2,109 sqft
    2019-11-01 67 days 2,127 sqft
    2019-12-01 72 days 2,153 sqft
    2020-01-01 80 days 2,152 sqft
    2020-02-01 74 days 2,182 sqft
    2020-03-01 61 days 2,204 sqft
    2020-04-01 66 days 2,205 sqft
    2020-05-01 71 days 2,325 sqft
    2020-06-01 82 days 2,379 sqft
    2020-07-01 57 days 2,489 sqft
    2020-08-01 50 days 2,433 sqft
    2020-09-01 65 days 2,356 sqft
    2020-10-01 67 days 2,268 sqft
    2020-11-01 64 days 2,295 sqft
    2020-12-01 71 days 2,231 sqft
    2021-01-01 73 days 2,238 sqft
    2021-02-01 55 days 2,194 sqft
    2021-03-01 39 days 2,224 sqft
    2021-04-01 39 days 2,120 sqft
    2021-05-01 37 days 1,976 sqft
    2021-06-01 38 days 2,029 sqft
    2021-07-01 35 days 2,004 sqft
    2021-08-01 34 days 2,009 sqft
    2021-09-01 37 days 2,011 sqft
    2021-10-01 39 days 2,006 sqft
    2021-11-01 46 days 2,024 sqft
    2021-12-01 72 days 1,934 sqft
    2022-01-01 61 days 1,933 sqft
    2022-02-01 48 days 1,926 sqft
    2022-03-01 35 days 1,935 sqft
    2022-04-01 22 days 1,998 sqft
    2022-05-01 26 days 1,972 sqft
    2022-06-01 33 days 2,102 sqft
    2022-07-01 37 days 2,190 sqft
    2022-08-01 43 days 2,194 sqft
    2022-09-01 46 days 2,175 sqft
    2022-10-01 50 days 2,182 sqft
    2022-11-01 54 days 2,177 sqft
    2022-12-01 60 days 2,163 sqft
    2023-01-01 76 days 2,160 sqft
    2023-02-01 61 days 2,162 sqft
    2023-03-01 53 days 2,183 sqft
    2023-04-01 44 days 2,196 sqft
    2023-05-01 47 days 2,225 sqft
    2023-06-01 54 days 2,208 sqft
    2023-07-01 44 days 2,129 sqft
    2023-08-01 42 days 2,111 sqft
    2023-09-01 48 days 2,043 sqft
    2023-10-01 56 days 2,032 sqft
    2023-11-01 49 days 1,994 sqft
    2023-12-01 51 days 1,996 sqft
    2024-01-01 61 days 1,937 sqft
    2024-02-01 51 days 1,902 sqft
    2024-03-01 41 days 1,886 sqft
    2024-04-01 45 days 1,896 sqft
    2024-05-01 42 days 1,865 sqft
    2024-06-01 50 days 1,880 sqft
    2024-07-01 54 days 1,900 sqft
    2024-08-01 58 days 1,870 sqft
    2024-09-01 61 days 1,873 sqft
    2024-10-01 60 days 1,873 sqft
    2024-11-01 59 days 1,854 sqft
    2024-12-01 59 days 1,863 sqft
    2025-01-01 64 days 1,871 sqft
    2025-02-01 76 days 1,875 sqft
    2025-03-01 0 days 1,908 sqft
    Greenville's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

    Greenville's median square footage for active listings during the 2025-03-01 period was 1,908 sqft. One year prior, the average listing was 1,886 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).