Jefferson FHA Loan Rates, Closing Costs & Stats

Jefferson, GA

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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.

    Jefferson's 103 lenders originated 741 FHA loans during 2024. The total origination value was $260,435,000, with an average FHA loan value of $351,464.

    Jefferson FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Jefferson averaged -0.24% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

    Jefferson's average FHA mortgage closing costs are $9,580.

    The average rate for the prior week (2025-06-13) was 6.64% and one month ago for the week of 2025-05-16, the average rate was 6.3%.

    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 -0.37%.

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

    Jefferson 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 Jefferson level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    BROKER SOLUTIONS, INC. 57 6.48% $14,194
    UNITED WHOLESALE MORTGAGE, LLC 51 6.07% $15,044
    DHI MORTGAGE COMPANY, LTD. 49 5.54% $10,663
    VICTORY MORTGAGE, L.L.C. 46 5.70% $10,492
    QUICKEN LOANS, LLC 39 6.10% $14,641
    LOANDEPOT.COM, LLC 25 5.45% $13,806
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 22 6.48% $13,774
    NVR Mortgage Finance, Inc. 22 6.11% $12,879
    GUILD MORTGAGE COMPANY 20 5.85% $12,784
    AMERICAN PACIFIC MORTGAGE CORPORATION 19 6.44% $17,700
    VANDERBILT MORTGAGE AND FINANCE, INC. 19 5.79% $19,998
    PENNYMAC LOAN SERVICES, LLC 16 6.20% $12,688
    HOMEOWNERS FINANCIAL GROUP USA, LLC 14 6.02% $16,082
    FREEDOM MORTGAGE CORPORATION 14 6.32% $13,670
    EVERETT FINANCIAL, INC. 11 6.84% $15,194
    Ameris Bank 10 6.31% $14,592
    BANKSOUTH MORTGAGE COMPANY, LLC 10 6.46% $15,787
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 8 6.44% $16,329
    ACOPIA, LLC 8 6.51% $14,124
    MOVEMENT MORTGAGE, LLC 8 6.84% $13,077
    First Option Mortgage, LLC 8 7.06% $15,033
    AMERICAN FINANCIAL NETWORK, INC. 7 6.84% $13,905
    Century Mortgage Company DBA Century Lending Company 7 6.21% $12,673
    HOMESIDE FINANCIAL, LLC 7 6.21% $18,140
    Paramount Residential Mortgage Group, Inc. 7 6.27% $14,670
    Regions Bank 6 6.54% $11,424
    UNION HOME MORTGAGE CORP. 6 6.65% $13,333
    EAGLE HOME MORTGAGE, LLC 6 4.77% $10,064
    LAKEVIEW LOAN SERVICING, LLC 5 6.60% $10,852
    GUARANTEED RATE, INC. 5 6.20% $12,371
    ZILLOW HOME LOANS, LLC 5 5.98% $15,673
    PREMIER MORTGAGE RESOURCES, L.L.C. 5 6.85% $12,959
    PLANET HOME LENDING, LLC 5 5.35% $10,416
    CROSSCOUNTRY MORTGAGE, LLC 5 6.30% $15,813
    Equity Prime Mortgage LLC 5 7.48% $16,544
    GUARANTEED RATE AFFINITY, LLC 5 6.47% $14,168
    RELIANCE FIRST CAPITAL, LLC 4 6.84% $13,029
    FBC MORTGAGE, LLC 4 5.75% $14,788
    Cornerstone First Mortgage, Inc 4 6.50% $11,704
    Presidential Bank, FSB 4 5.91% $16,457
    Capital City Home Loans, LLC 4 6.41% $15,036
    FIRST COLONY MORTGAGE CORPORATION 4 5.78% $14,416
    GENEVA FINANCIAL, LLC 3 6.75% $14,821
    Carrington Mortgage Services, LLC 3 5.92% $13,732
    JMAC LENDING, INC. 3 6.50% $13,916
    Magnolia Bank 3 6.25% $10,200
    STOCKTON MORTGAGE CORPORATION 3 6.58% $13,354
    PLAZA HOME MORTGAGE, INC. 2 6.69% $11,973
    NATIONS DIRECT MORTGAGE, LLC 2 6.44% $16,479
    CMG MORTGAGE, INC. 2 6.19% $12,464
    Lakeview Community Capital, LLC 2 6.44% $8,814
    Prosperity Home Mortgage, LLC 2 6.00% $15,409
    SUN WEST MORTGAGE COMPANY, INC. 2 6.06% $15,991
    Mr. Cooper ( Nationstar Mortgage ) 2 6.19% $20,549
    MUTUAL OF OMAHA MORTGAGE, INC. 2 7.00% $15,130
    CARDINAL FINANCIAL 2 5.87% $12,617
    VILLAGE CAPITAL MORTGAGE 2 6.62% $3,663
    Renasant Bank 2 6.00% $12,243
    US MORTGAGE CORPORATION 2 7.13% $16,977
    Plains Commerce Bank 2 5.69% $15,800
    VAN DYK MORTGAGE CORPORATION 2 6.87% $8,529
    COMMUNITY MORTGAGE CORPORATION 2 6.50% $11,440
    GEO-CORP, INC. 2 7.44% $19,571
    ISERVE RESIDENTIAL LENDING, LLC 2 6.63% $23,815
    DIRECT MORTGAGE LOANS, LLC 1 6.00% $15,748
    DAS Acquisition Company, LLC 1 6.25% $20,994
    PHH Mortgage Corporation 1 5.13% $8,453
    Colony Bank 1 5.75% $12,404
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.25% $16,524
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 8.13% $8,889
    RADIUS FINANCIAL GROUP INC. 1 5.75% $11,561
    Assurance Financial Group, L.L.C. 1 6.75% $9,352
    Residential Acceptance Corporation 1 8.25% $10,950
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.63% $11,814
    Simmons Bank 1 6.50% $10,964
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.13% $13,554
    AMERICAN FINANCIAL RESOURCES, INC. 1 5.63% $8,405
    SUCCESS MORTGAGE PARTNERS, INC. 1 5.99% $15,908
    SUMMIT FUNDING, INC. 1 6.63% $12,939
    TJC Mortgage, Inc. 1 6.25% $19,249
    AMERISAVE MORTGAGE CORPORATION 1 6.13% $11,022
    UNITED MORTGAGE CORP 1 6.75% $13,360
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.75% $12,604
    U.S. Bank 1 6.75% $11,288
    American Mortgage & Equity Consultants, Inc. 1 7.00% $16,993
    GMFS LLC 1 6.63% $5,424
    GARDNER FINANCIAL SERVICES, LTD. 1 6.13% $17,388
    AMERICAN FINANCING CORPORATION 1 5.88% $11,896
    Franklin Loan Corporation 1 5.75% $19,164
    First Federal Bank 1 4.88% $9,762
    LOANPAL, LLC 1 5.63% $10,848
    MID AMERICA MORTGAGE, INC. 1 5.75% $3,783
    MORTGAGE INVESTORS GROUP, INC. 1 5.63% $20,627
    Mortgage Research Center, LLC 1 6.63% $6,819
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.13% $7,196
    FIRST COMMUNITY MORTGAGE, INC. 1 6.13% $15,934
    NATION ONE MORTGAGE CORPORATION 1 5.75% $18,152
    Nations Lending Corporation 1 6.25% $20,408
    NEWREZ LLC 1 6.75% $5,066
    NFM, INC. 1 7.38% $9,459
    Northpointe Bank 1 6.00% $18,740
    ENDEAVOR CAPITAL, LLC. 1 6.25% $10,976
    PANORAMA MORTGAGE GROUP, LLC 1 7.25% $19,027

    The top Jefferson FHA lender as defined by loan originations is BROKER SOLUTIONS, INC., with 57 FHA loans originated. Their average total fees are $14,194, which is $850 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Jefferson FHA lenders (with over 10 loans originated) are VICTORY MORTGAGE, L.L.C. ($10,492), DHI MORTGAGE COMPANY, LTD. ($10,663), PENNYMAC LOAN SERVICES, LLC ($12,688), GUILD MORTGAGE COMPANY ($12,784) and NVR Mortgage Finance, Inc. ($12,879).

    The lowest rate Jefferson FHA lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC (5.45%), DHI MORTGAGE COMPANY, LTD. (5.54%), VICTORY MORTGAGE, L.L.C. (5.70%), VANDERBILT MORTGAGE AND FINANCE, INC. (5.79%) and GUILD MORTGAGE COMPANY (5.85%).

    Jefferson FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    JEFFERSON, GA JACKSON 2022 $420,680 $538,650 $651,050 $809,150
    JEFFERSON, GA JACKSON 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).