Kansas City FHA Loan Rates, Closing Costs & Stats

KANSAS CITY, MO-KS

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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.

    Kansas City's 159 lenders originated 6,081 FHA loans during 2024. The total origination value was $1,546,105,000, with an average FHA loan value of $254,252.

    Kansas City FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Kansas City averaged 0.29% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

    Kansas City's average FHA mortgage closing costs are $6,947.

    The average rate for the prior week (2025-06-13) was 6.58% and one month ago for the week of 2025-05-16, the average rate was 6.64%.

    The average rate one year ago was 7.09%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.24%.

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

    Kansas 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 Kansas City level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 473 6.29% $10,612
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 380 6.58% $8,345
    UNITED WHOLESALE MORTGAGE, LLC 311 6.29% $11,002
    FLAT BRANCH MORTGAGE, INC. 285 6.57% $9,092
    LEADERONE FINANCIAL CORPORATION 192 6.55% $9,847
    COMMUNITYAMERICA 189 6.41% $8,418
    FREEDOM MORTGAGE CORPORATION 188 6.43% $11,089
    COMMUNITY MORTGAGE, LLC 188 6.17% $8,394
    PRIMELENDING, A PLAINSCAPITAL COMPANY 172 6.63% $9,364
    PENNYMAC LOAN SERVICES, LLC 152 6.12% $9,648
    Prosperity Home Mortgage, LLC 142 6.32% $8,970
    GUILD MORTGAGE COMPANY 135 6.63% $9,005
    First State Bank of St. Charles, Missouri 115 6.19% $8,654
    LOANDEPOT.COM, LLC 94 6.42% $10,515
    JLB CORPORATION 91 6.05% $10,125
    BROKER SOLUTIONS, INC. 90 6.85% $10,686
    CROSSCOUNTRY MORTGAGE, LLC 84 6.36% $10,433
    MID AMERICA MORTGAGE, INC. 72 6.60% $4,885
    LAKEVIEW LOAN SERVICING, LLC 70 6.36% $9,108
    ENDEAVOR CAPITAL, LLC. 68 6.21% $8,559
    NEWREZ LLC 67 6.37% $9,762
    Flagstar Bank, FSB 64 6.48% $7,970
    Equity Prime Mortgage LLC 63 7.16% $10,829
    SUMMIT FUNDING, INC. 56 6.69% $10,730
    Arvest Bank 54 6.30% $8,179
    Waterstone Mortgage Corporation 52 6.28% $9,287
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 51 6.46% $8,737
    The Central Trust Bank 48 6.42% $8,589
    Mr. Cooper ( Nationstar Mortgage ) 48 6.51% $11,351
    NBKC BANK 47 6.03% $8,732
    HALLMARK HOME MORTGAGE, LLC 43 7.03% $9,535
    MUTUAL OF OMAHA MORTGAGE, INC. 43 6.51% $13,807
    SUN WEST MORTGAGE COMPANY, INC. 41 6.42% $10,536
    First Bank 40 6.30% $8,808
    Carrington Mortgage Services, LLC 39 6.41% $10,756
    EVERETT FINANCIAL, INC. 38 6.96% $9,053
    MEGASTAR FINANCIAL CORP. 38 6.43% $8,161
    CARDINAL FINANCIAL 38 6.60% $10,447
    LOANPAL, LLC 34 5.66% $11,700
    American Mortgage & Equity Consultants, Inc. 32 7.21% $8,789
    Stride Bank 30 6.34% $8,553
    First Federal Bank 29 6.32% $9,142
    S1L, Inc. 29 6.52% $9,942
    PLANET HOME LENDING, LLC 29 6.28% $6,894
    Mortgage Research Center, LLC 27 6.85% $5,909
    AMERISAVE MORTGAGE CORPORATION 27 6.04% $12,529
    Plains Commerce Bank 27 7.04% $9,495
    DAS Acquisition Company, LLC 25 6.80% $9,069
    Midwest Mortgage Associates Corporation 24 6.42% $6,971
    NBH Bank 23 6.57% $5,556
    UMB Bank 23 6.27% $7,644
    Bell Bank 22 6.44% $8,642
    BAYSHORE MORTGAGE FUNDING, LLC 21 6.70% $9,691
    Mazuma Credit Union 20 6.54% $7,596
    PREMIER MORTGAGE RESOURCES, L.L.C. 20 6.53% $9,679
    GUARANTEED RATE, INC. 19 6.56% $9,941
    PANORAMA MORTGAGE GROUP, LLC 19 6.90% $10,468
    American Mortgage Bank, LLC 19 6.80% $9,364
    VILLAGE CAPITAL MORTGAGE 19 6.55% $5,535
    Academy Bank 17 6.59% $8,115
    OPEN MORTGAGE, LLC 17 6.69% $9,493
    U.S. Bank 16 6.62% $7,595
    ZILLOW HOME LOANS, LLC 16 6.34% $11,792
    MORTGAGE SOLUTIONS OF COLORADO, LLC 15 6.57% $13,124
    UNION HOME MORTGAGE CORP. 15 6.43% $10,233
    T2 FINANCIAL LLC 15 6.64% $10,588
    HOMEBRIDGE FINANCIAL SERVICES, INC. 14 6.48% $7,130
    BOKF 13 6.51% $8,558
    AMERICAN FINANCIAL NETWORK, INC. 13 6.99% $11,725
    GENEVA FINANCIAL, LLC 13 6.48% $9,711
    Armed Forces Bank 13 6.34% $9,038
    The Federal Savings Bank 12 6.32% $13,687
    First National Bank of Omaha 12 6.43% $7,960
    VANDERBILT MORTGAGE AND FINANCE, INC. 12 6.59% $10,805
    Commerce Bank 11 6.81% $5,886
    HOMESIDE FINANCIAL, LLC 11 6.49% $13,611
    AMERICAN FINANCIAL RESOURCES, INC. 11 6.85% $9,680
    North American Savings Bank, F.S.B. 11 6.44% $6,762
    AmeriHome Mortgage Company, LLC 11 6.63% $6,087
    Paramount Residential Mortgage Group, Inc. 11 6.74% $9,486
    GERSHMAN INVESTMENT CORP. 10 6.58% $7,262
    AMERICAN FINANCING CORPORATION 10 5.79% $13,246
    AMERICAN PACIFIC MORTGAGE CORPORATION 10 6.78% $12,693
    ENVOY MORTGAGE, LTD 10 6.71% $8,951
    PLAZA HOME MORTGAGE, INC. 10 7.03% $10,470
    CMG MORTGAGE, INC. 9 6.75% $13,326
    Mortgage Investment Services Corporation 8 6.38% $5,406
    BAY EQUITY LLC 8 6.73% $9,860
    Members Mortgage Services, L.L.C. 7 6.30% $7,864
    PHH Mortgage Corporation 7 6.71% $11,286
    Hawthorn Bank 7 6.16% $6,546
    Fidelity Bank 7 7.02% $8,285
    Sunflower Bank 7 6.37% $10,833
    Century Mortgage Company DBA Century Lending Company 7 6.21% $10,211
    Oakstar Bank 7 6.05% $10,394
    JPMorgan Chase Bank 6 7.02% $4,641
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 6 6.71% $6,178
    First Federal Bank of Kansas City 6 6.33% $7,613
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 6 5.87% $14,544
    Financial Funding Solutions, Inc. 5 6.45% $4,430
    PENTAGON FEDERAL CREDIT UNION 5 5.98% $10,447
    Texana Bank 5 5.75% $17,023
    Bank of America 5 6.65% $7,921
    ROYAL UNITED MORTGAGE LLC 5 6.13% $12,947
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 5 6.23% $8,347
    DELMAR FINANCIAL COMPANY 5 6.65% $7,677
    FIRST COMMUNITY MORTGAGE, INC. 5 6.70% $8,605
    NFM, INC. 5 7.28% $11,539
    Sierra Pacific Mortgage Company, Inc. 4 6.31% $11,506
    PRIMARY RESIDENTIAL MORTGAGE, INC. 4 6.84% $11,110
    Flanagan State Bank 4 6.72% $12,978
    ASSEMBLIES OF GOD Credit Union 4 6.31% $7,932
    Gateway First Bank 4 6.59% $8,856
    TOP FLITE FINANCIAL, INC. 4 6.91% $12,680
    Wells Fargo Bank 4 6.69% $7,754
    Equity Bank 3 5.91% $8,729
    Landmark National Bank 3 5.83% $7,035
    BETTER MORTGAGE CORPORATION 3 5.29% $13,726
    Nations Lending Corporation 3 6.92% $13,273
    Barrington Bank & Trust Company, N.A. 3 6.75% $7,892
    The Loan Store, Inc. 3 6.00% $9,536
    US MORTGAGE CORPORATION 3 6.92% $8,566
    TOWNE MORTGAGE COMPANY 2 6.44% $7,382
    NEW DAY FINANCIAL, LLC 2 7.68% $3,857
    Regions Bank 2 6.00% $6,813
    GUARANTEED RATE AFFINITY, LLC 2 6.75% $3,791
    Magnolia Bank 2 6.81% $7,021
    SIRVA MORTGAGE, INC. 2 6.75% $6,830
    CANOPY MORTGAGE, LLC 2 6.44% $8,924
    LIBERTY HOME MORTGAGE CORPORATION 2 6.13% $11,481
    First United Bank and Trust Company 2 6.00% $14,681
    TJC Mortgage, Inc. 2 7.06% $6,262
    Paramount Bank 2 6.25% $8,365
    Ameris Bank 2 6.44% $8,996
    Ixonia Bank 1 5.99% $5,562
    Independent Bank 1 7.50% $13,447
    Hometown Equity Mortgage, LLC 1 5.25% $11,697
    Willamette Valley Bank 1 6.75% $11,040
    Home Mortgage Alliance Corp 1 6.75% $7,266
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.99% $15,077
    Citizens Bank 1 6.38% $9,784
    GSF Mortgage Corporation 1 6.13% $9,761
    Encompass Lending Group, LP 1 6.25% $18,850
    Great Plains National Bank 1 6.75% $11,275
    Golden Empire Mortgage, Inc. 1 6.49% $6,836
    DHI MORTGAGE COMPANY, LTD. 1 4.99% $8,858
    PNC Bank 1 5.88% $7,342
    Old National Bank 1 5.50% $9,798
    Presidential Bank, FSB 1 7.00% $14,653
    MOVEMENT MORTGAGE, LLC 1 6.25% $6,922
    MORTGAGE ACCESS CORP. 1 6.25% $10,110
    AmRes Corporation 1 6.13% $5,523
    Regent Financial Group, Inc. 1 6.13% $11,356
    Mid-Continent Funding, Inc. 1 6.25% $11,072
    RUOFF MORTGAGE COMPANY, INC. 1 5.88% $10,167
    BMO Harris Bank 1 6.63% $5,496
    Central National Bank 1 6.38% $8,815
    Lakeview Community Capital, LLC 1 6.13% $7,671
    Chickasaw Community Bank 1 6.75% $7,826

    The top Kansas City FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 473 FHA loans originated. Their average total fees are $10,612, which is $2,267 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Kansas City FHA lenders (with over 10 loans originated) are MID AMERICA MORTGAGE, INC. ($4,885), VILLAGE CAPITAL MORTGAGE ($5,535), NBH Bank ($5,556), Commerce Bank ($5,886) and Mortgage Research Center, LLC ($5,909).

    The lowest rate Kansas City FHA lenders (with over 10 loans originated) are LOANPAL, LLC (5.66%), AMERICAN FINANCING CORPORATION (5.79%), NBKC BANK (6.03%), AMERISAVE MORTGAGE CORPORATION (6.04%) and JLB CORPORATION (6.05%).

    Kansas City FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    KANSAS CITY, MO-KS JOHNSON 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS LEAVENWORTH 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS LINN 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS MIAMI 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS WYANDOTTE 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS BATES 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS CALDWELL 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS CASS 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS CLAY 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS CLINTON 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS JACKSON 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS LAFAYETTE 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS PLATTE 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS RAY 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS JOHNSON 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS LEAVENWORTH 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS LINN 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS MIAMI 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS WYANDOTTE 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS BATES 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS CALDWELL 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS CASS 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS CLAY 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS CLINTON 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS JACKSON 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS LAFAYETTE 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS PLATTE 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS RAY 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).