Johnson City FHA Loan Rates, Closing Costs & Stats

JOHNSON CITY, TN

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.

Johnson City's 72 lenders originated 515 FHA loans during 2024. The total origination value was $187,435,000, with an average FHA loan value of $363,951.

Johnson City FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Johnson City averaged 6.56% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

Johnson City's average FHA mortgage closing costs are $7,759.

The average rate for the prior week (2025-03-28) was 6.46% and one month ago for the week of 2025-02-28, the average rate was 6.84%.

The average rate one year ago was 6.86%.

For refis of the same type during the week of 2025-04-04, the average rate was 6.24%.

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

Johnson City 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 Johnson City level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
MOVEMENT MORTGAGE, LLC 49 6.77% $9,945
QUICKEN LOANS, LLC 48 6.40% $12,208
UNITED WHOLESALE MORTGAGE, LLC 38 6.26% $12,118
DHI MORTGAGE COMPANY, LTD. 27 6.07% $7,033
MORTGAGE INVESTORS GROUP, INC. 25 6.24% $10,199
GVC MORTGAGE, INC. 19 6.38% $11,569
CARDINAL FINANCIAL 18 6.74% $13,120
FREEDOM MORTGAGE CORPORATION 16 6.35% $12,364
ALAMEDA MORTGAGE CORPORATION 15 6.98% $9,334
Sierra Pacific Mortgage Company, Inc. 14 6.31% $13,153
ARK-LA-TEX FINANCIAL SERVICES, LLC. 11 6.69% $7,668
PENNYMAC LOAN SERVICES, LLC 10 6.05% $8,869
ROSS MORTGAGE CORPORATION 8 6.50% $10,215
Bank of Tennessee 8 6.51% $9,965
LOANDEPOT.COM, LLC 8 6.92% $9,916
Carrington Mortgage Services, LLC 7 6.43% $14,288
EVERETT FINANCIAL, INC. 7 6.52% $8,555
GUARANTEED RATE, INC. 6 6.29% $9,726
Regions Bank 6 6.83% $6,684
Mr. Cooper ( Nationstar Mortgage ) 5 6.35% $12,048
DELMAR FINANCIAL COMPANY 5 6.25% $10,125
CMG MORTGAGE, INC. 5 6.78% $11,395
SECURITYNATIONAL MORTGAGE COMPANY 5 7.03% $10,347
FIRST COMMUNITY MORTGAGE, INC. 5 6.65% $10,760
Equity Prime Mortgage LLC 4 7.03% $11,036
Prosperity Home Mortgage, LLC 4 5.63% $14,424
AMERISAVE MORTGAGE CORPORATION 4 6.06% $12,718
BROKER SOLUTIONS, INC. 4 7.19% $9,380
GUILD MORTGAGE COMPANY 3 6.88% $16,057
Century Mortgage Company DBA Century Lending Company 3 6.63% $10,113
Flagstar Bank, FSB 3 6.12% $10,251
United Community Bank 3 6.46% $7,526
AMERICAN FINANCIAL NETWORK, INC. 3 6.91% $9,539
SUN WEST MORTGAGE COMPANY, INC. 3 5.46% $10,319
AMERICAN FINANCIAL RESOURCES, INC. 3 6.88% $13,086
NFM, INC. 2 6.63% $15,452
CROSSCOUNTRY MORTGAGE, LLC 2 6.12% $12,593
Citizens Bank 2 6.13% $13,258
HOMESIDE FINANCIAL, LLC 2 6.81% $11,390
ISERVE RESIDENTIAL LENDING, LLC 2 6.94% $18,547
MILEND, INC. 2 6.06% $12,221
NEWREZ LLC 2 6.25% $8,406
PLANET HOME LENDING, LLC 2 6.44% $8,360
PLAZA HOME MORTGAGE, INC. 2 5.69% $14,679
STOCKTON MORTGAGE CORPORATION 2 6.56% $11,200
T2 FINANCIAL LLC 2 6.63% $14,271
TOP FLITE FINANCIAL, INC. 2 6.63% $12,041
MID AMERICA MORTGAGE, INC. 1 6.75% $15,351
Plains Commerce Bank 1 5.50% $15,813
UNION HOME MORTGAGE CORP. 1 7.00% $7,267
Hometown Equity Mortgage, LLC 1 5.75% $13,806
POLARIS HOME FUNDING CORP. 1 6.50% $11,371
CALCON MUTUAL MORTGAGE LLC 1 6.63% $11,637
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.50% $10,630
Wells Fargo Bank 1 6.88% $9,631
RELIANCE FIRST CAPITAL, LLC 1 7.75% $7,660
AMERICAN FINANCING CORPORATION 1 5.75% $15,581
SeaTrust Mortgage Company 1 6.13% $12,656
LAKEVIEW LOAN SERVICING, LLC 1 6.25% $9,171
JMAC LENDING, INC. 1 5.75% $15,184
SOUTHWEST STAGE FUNDING, LLC 1 6.38% $10,579
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $5,199
SUMMIT FUNDING, INC. 1 7.13% $13,306
Ixonia Bank 1 6.13% $14,153
VAN DYK MORTGAGE CORPORATION 1 5.63% $10,867
TJC Mortgage, Inc. 1 6.13% $11,018
Blue Ridge Bank 1 6.50% $6,697
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.25% $32,401
Nations Lending Corporation 1 6.63% $13,566
ENDEAVOR CAPITAL, LLC. 1 6.63% $11,394
EMBRACE HOME LOANS, INC. 1 5.75% $10,784
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.13% $9,718

The top Johnson City FHA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with 49 FHA loans originated. Their average total fees are $9,945, which is $2,263 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Johnson City FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($7,033), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($7,668), PENNYMAC LOAN SERVICES, LLC ($8,869), ALAMEDA MORTGAGE CORPORATION ($9,334) and MOVEMENT MORTGAGE, LLC ($9,945).

The lowest rate Johnson City FHA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (6.05%), DHI MORTGAGE COMPANY, LTD. (6.07%), MORTGAGE INVESTORS GROUP, INC. (6.24%), UNITED WHOLESALE MORTGAGE, LLC (6.26%) and Sierra Pacific Mortgage Company, Inc. (6.31%).

Johnson City FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
JOHNSON CITY, TN CARTER 2022 $420,680 $538,650 $651,050 $809,150
JOHNSON CITY, TN UNICOI 2022 $420,680 $538,650 $651,050 $809,150
JOHNSON CITY, TN WASHINGTON 2022 $420,680 $538,650 $651,050 $809,150
JOHNSON CITY, TN CARTER 2023 $472,030 $604,400 $730,525 $907,900
JOHNSON CITY, TN UNICOI 2023 $472,030 $604,400 $730,525 $907,900
JOHNSON CITY, TN WASHINGTON 2023 $472,030 $604,400 $730,525 $907,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Johnson City (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 $202,500 (6.6%) $276,404 (6.1%) 0.75 775
2018-02-01 $209,900 (10.8%) $275,206 (4.2%) 0.76 740
2018-03-01 $215,000 (13.5%) $284,373 (8.4%) 0.75 752
2018-04-01 $219,900 (11.8%) $292,039 (8.8%) 0.75 748
2018-05-01 $229,900 (15.5%) $298,884 (10.3%) 0.77 754
2018-06-01 $229,900 (15.6%) $296,846 (10.6%) 0.77 820
2018-07-01 $222,400 (11.8%) $292,356 (8.6%) 0.74 841
2018-08-01 $220,675 (10.5%) $290,214 (8.6%) 0.74 856
2018-09-01 $219,900 (10.0%) $287,017 (6.7%) 0.74 895
2018-10-01 $216,750 (5.8%) $279,732 (1.9%) 0.73 896
2018-11-01 $210,000 (4.4%) $275,707 (3.3%) 0.71 903
2018-12-01 $199,900 (-2.5%) $267,487 (-2.6%) 0.69 858
2019-01-01 $199,400 (-1.5%) $267,198 (-3.3%) 0.69 793
2019-02-01 $189,900 (-9.5%) $264,278 (-4.0%) 0.64 791
2019-03-01 $204,943 (-4.7%) $283,247 (-0.4%) 0.67 711
2019-04-01 $226,875 (3.2%) $305,608 (4.7%) 0.72 621
2019-05-01 $237,450 (3.3%) $316,564 (5.9%) 0.74 637
2019-06-01 $239,900 (4.4%) $322,950 (8.8%) 0.75 631
2019-07-01 $239,973 (7.9%) $319,698 (9.4%) 0.75 655
2019-08-01 $239,791 (8.7%) $316,302 (9.0%) 0.76 666
2019-09-01 $239,627 (9.0%) $316,604 (10.3%) 0.77 673
2019-10-01 $242,218 (11.8%) $318,962 (14.0%) 0.78 673
2019-11-01 $239,900 (14.2%) $320,236 (16.2%) 0.79 643
2019-12-01 $236,450 (18.3%) $318,248 (19.0%) 0.79 590
2020-01-01 $244,911 (22.8%) $324,598 (21.5%) 0.82 536
2020-02-01 $249,900 (31.6%) $332,754 (25.9%) 0.82 494
2020-03-01 $252,450 (23.2%) $339,704 (19.9%) 0.79 457
2020-04-01 $265,325 (17.0%) $341,943 (11.9%) 0.83 413
2020-05-01 $279,700 (17.8%) $352,209 (11.3%) 0.85 384
2020-06-01 $272,350 (13.5%) $352,046 (9.0%) 0.80 355
2020-07-01 $269,800 (12.4%) $373,121 (16.7%) 0.78 341
2020-08-01 $286,000 (19.3%) $400,147 (26.5%) 0.82 327
2020-09-01 $290,250 (21.1%) $412,495 (30.3%) 0.83 316
2020-10-01 $284,950 (17.6%) $403,079 (26.4%) 0.82 332
2020-11-01 $277,425 (15.6%) $411,904 (28.6%) 0.81 295
2020-12-01 $282,425 (19.4%) $409,371 (28.6%) 0.84 282
2021-01-01 $278,700 (13.8%) $406,024 (25.1%) 0.83 232
2021-02-01 $277,225 (10.9%) $427,785 (28.6%) 0.81 175
2021-03-01 $299,900 (18.8%) $479,849 (41.3%) 0.85 157
2021-04-01 $319,675 (20.5%) $481,930 (40.9%) 0.87 166
2021-05-01 $324,950 (16.2%) $476,422 (35.3%) 0.86 177
2021-06-01 $299,900 (10.1%) $427,434 (21.4%) 0.79 204
2021-07-01 $277,450 (2.8%) $417,942 (12.0%) 0.73 206
2021-08-01 $304,925 (6.6%) $460,877 (15.2%) 0.81 250
2021-09-01 $303,675 (4.6%) $475,199 (15.2%) 0.81 247
2021-10-01 $310,000 (8.8%) $446,457 (10.8%) 0.83 285
2021-11-01 $310,000 (11.7%) $469,224 (13.9%) 0.83 236
2021-12-01 $315,000 (11.5%) $486,439 (18.8%) 0.85 194
2022-01-01 $324,900 (16.6%) $499,382 (23.0%) 0.88 145
2022-02-01 $373,675 (34.8%) $543,400 (27.0%) 0.97 121
2022-03-01 $346,175 (15.4%) $502,383 (4.7%) 0.87 143
2022-04-01 $350,000 (9.5%) $520,505 (8.0%) 0.83 153
2022-05-01 $350,000 (7.7%) $495,391 (4.0%) 0.80 190
2022-06-01 $350,000 (16.7%) $488,773 (14.4%) 0.78 216
2022-07-01 $360,000 (29.8%) $489,205 (17.1%) 0.81 271
2022-08-01 $384,250 (26.0%) $559,765 (21.5%) 0.89 277
2022-09-01 $379,450 (25.0%) $540,810 (13.8%) 0.89 281
2022-10-01 $380,000 (22.6%) $522,865 (17.1%) 0.89 318
2022-11-01 $362,450 (16.9%) $497,653 (6.1%) 0.87 330
2022-12-01 $379,950 (20.6%) $500,552 (2.9%) 0.94 289
2023-01-01 $388,675 (19.6%) $487,606 (-2.4%) 0.96 275
2023-02-01 $399,350 (6.9%) $487,990 (-10.2%) 0.96 245
2023-03-01 $412,500 (19.2%) $500,449 (-0.4%) 0.97 243
2023-04-01 $410,000 (17.1%) $491,964 (-5.5%) 0.95 264
2023-05-01 $429,900 (22.8%) $545,793 (10.2%) 0.97 250
2023-06-01 $422,473 (20.7%) $505,286 (3.4%) 0.95 260
2023-07-01 $415,000 (15.3%) $524,712 (7.3%) 0.94 257
2023-08-01 $417,439 (8.6%) $522,899 (-6.6%) 0.96 276
2023-09-01 $424,950 (12.0%) $523,783 (-3.2%) 0.99 298
2023-10-01 $394,675 (3.9%) $508,930 (-2.7%) 0.93 358
2023-11-01 $373,750 (3.1%) $481,471 (-3.3%) 0.89 389
2023-12-01 $369,650 (-2.7%) $476,072 (-4.9%) 0.90 390
2024-01-01 $367,450 (-5.5%) $481,845 (-1.2%) 0.90 359
2024-02-01 $357,450 (-10.5%) $481,962 (-1.2%) 0.86 325
2024-03-01 $376,950 (-8.6%) $496,178 (-0.9%) 0.89 342
2024-04-01 $379,430 (-7.5%) $512,653 (4.2%) 0.88 333
2024-05-01 $377,450 (-12.2%) $525,698 (-3.7%) 0.86 344
2024-06-01 $361,450 (-14.4%) $490,865 (-2.9%) 0.82 396
2024-07-01 $360,650 (-13.1%) $478,737 (-8.8%) 0.82 452
2024-08-01 $369,900 (-11.4%) $482,173 (-7.8%) 0.86 474
2024-09-01 $379,950 (-10.6%) $491,020 (-6.3%) 0.89 506
2024-10-01 $374,850 (-5.0%) $488,797 (-4.0%) 0.88 543
2024-11-01 $375,000 (0.3%) $486,498 (1.0%) 0.90 552
2024-12-01 $369,950 (0.1%) $467,159 (-1.9%) 0.92 478
2025-01-01 $388,000 (5.6%) $474,204 (-1.6%) 0.97 437
2025-02-01 $387,175 (8.3%) $478,500 (-0.7%) 0.94 440
2025-03-01 $385,000 (2.1%) $489,061 (-1.4%) 0.00 493
Johnson City's median listing price for 2025-03-01 was $385,000, a difference of $8,050 (2.1%) versus the prior year and $-2,175 versus the prior month.

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

Johnson City's average listing price for 2025-03-01 was $489,061, a difference of $-7,117 (-1.4%) versus the prior year and $10,561 versus the prior month.

For the 2025-03-01 period, Johnson City had 493 MLS listings, a difference of 53 listings (12%) versus the prior month and 151 listings (44%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Johnson City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 94 days 2,008 sqft
2018-02-01 88 days 1,995 sqft
2018-03-01 67 days 1,996 sqft
2018-04-01 65 days 2,022 sqft
2018-05-01 61 days 2,064 sqft
2018-06-01 54 days 2,110 sqft
2018-07-01 61 days 2,123 sqft
2018-08-01 66 days 2,052 sqft
2018-09-01 65 days 2,054 sqft
2018-10-01 72 days 2,036 sqft
2018-11-01 74 days 1,933 sqft
2018-12-01 87 days 1,944 sqft
2019-01-01 93 days 1,838 sqft
2019-02-01 93 days 1,845 sqft
2019-03-01 76 days 1,966 sqft
2019-04-01 57 days 2,087 sqft
2019-05-01 51 days 2,129 sqft
2019-06-01 58 days 2,128 sqft
2019-07-01 62 days 2,128 sqft
2019-08-01 58 days 2,114 sqft
2019-09-01 60 days 2,100 sqft
2019-10-01 63 days 2,101 sqft
2019-11-01 67 days 2,138 sqft
2019-12-01 79 days 2,100 sqft
2020-01-01 93 days 2,118 sqft
2020-02-01 88 days 2,053 sqft
2020-03-01 59 days 2,029 sqft
2020-04-01 56 days 2,039 sqft
2020-05-01 65 days 2,032 sqft
2020-06-01 46 days 1,982 sqft
2020-07-01 44 days 1,980 sqft
2020-08-01 38 days 2,029 sqft
2020-09-01 40 days 2,035 sqft
2020-10-01 41 days 2,027 sqft
2020-11-01 45 days 2,050 sqft
2020-12-01 51 days 2,005 sqft
2021-01-01 58 days 1,946 sqft
2021-02-01 44 days 1,927 sqft
2021-03-01 31 days 2,107 sqft
2021-04-01 27 days 2,151 sqft
2021-05-01 19 days 2,138 sqft
2021-06-01 23 days 2,013 sqft
2021-07-01 24 days 1,872 sqft
2021-08-01 25 days 1,936 sqft
2021-09-01 30 days 1,942 sqft
2021-10-01 30 days 1,846 sqft
2021-11-01 45 days 1,819 sqft
2021-12-01 56 days 1,872 sqft
2022-01-01 60 days 1,800 sqft
2022-02-01 34 days 1,909 sqft
2022-03-01 24 days 1,858 sqft
2022-04-01 22 days 1,880 sqft
2022-05-01 23 days 1,912 sqft
2022-06-01 27 days 1,866 sqft
2022-07-01 24 days 1,920 sqft
2022-08-01 36 days 1,972 sqft
2022-09-01 40 days 1,972 sqft
2022-10-01 47 days 1,975 sqft
2022-11-01 46 days 1,963 sqft
2022-12-01 58 days 2,001 sqft
2023-01-01 69 days 1,944 sqft
2023-02-01 63 days 2,000 sqft
2023-03-01 45 days 2,058 sqft
2023-04-01 36 days 2,029 sqft
2023-05-01 37 days 2,011 sqft
2023-06-01 36 days 1,950 sqft
2023-07-01 36 days 1,928 sqft
2023-08-01 34 days 1,910 sqft
2023-09-01 39 days 2,027 sqft
2023-10-01 43 days 1,896 sqft
2023-11-01 45 days 1,811 sqft
2023-12-01 54 days 1,806 sqft
2024-01-01 68 days 1,802 sqft
2024-02-01 67 days 1,796 sqft
2024-03-01 56 days 1,808 sqft
2024-04-01 47 days 1,841 sqft
2024-05-01 44 days 1,844 sqft
2024-06-01 43 days 1,856 sqft
2024-07-01 40 days 1,845 sqft
2024-08-01 49 days 1,862 sqft
2024-09-01 53 days 1,876 sqft
2024-10-01 55 days 1,862 sqft
2024-11-01 65 days 1,872 sqft
2024-12-01 65 days 1,824 sqft
2025-01-01 71 days 1,824 sqft
2025-02-01 66 days 1,787 sqft
2025-03-01 0 days 1,764 sqft
Johnson City'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.

Johnson City's median square footage for active listings during the 2025-03-01 period was 1,764 sqft. One year prior, the average listing was 1,808 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).