Longview FHA Loan Rates, Closing Costs & Stats

LONGVIEW, TX

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.

Longview's 84 lenders originated 688 FHA loans during 2024. The total origination value was $159,650,000, with an average FHA loan value of $232,049.

Longview FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Longview averaged 6.82% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

Longview's average FHA mortgage closing costs are $8,304.

The average rate for the prior week (2025-03-28) was 6.61% and one month ago for the week of 2025-02-28, the average rate was 6.6%.

The average rate one year ago was 6.92%.

For refis of the same type during the week of 2025-04-04, the average rate was 5.93%.

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

Longview 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 Longview level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
GUILD MORTGAGE COMPANY 106 6.59% $10,869
UNITED WHOLESALE MORTGAGE, LLC 78 6.21% $11,392
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 53 7.11% $11,156
QUICKEN LOANS, LLC 35 6.45% $11,793
MORTGAGE FINANCIAL SERVICES, LLC 24 6.91% $11,408
T2 FINANCIAL LLC 21 6.69% $11,740
CROSSCOUNTRY MORTGAGE, LLC 21 6.76% $11,541
Equity Prime Mortgage LLC 20 7.21% $9,976
BancorpSouth 19 6.55% $8,737
UNION HOME MORTGAGE CORP. 16 7.41% $9,658
CMG MORTGAGE, INC. 14 7.29% $11,033
INTERLINC MORTGAGE SERVICES, LLC 11 7.03% $8,644
EVERETT FINANCIAL, INC. 11 7.33% $9,388
SOUTHWEST FUNDING, LP 10 6.66% $13,485
NEWREZ LLC 8 6.66% $8,381
LOANDEPOT.COM, LLC 8 7.09% $10,798
CARDINAL FINANCIAL 7 6.55% $11,242
PLAZA HOME MORTGAGE, INC. 6 6.71% $10,682
PENNYMAC LOAN SERVICES, LLC 6 6.40% $9,838
SUN WEST MORTGAGE COMPANY, INC. 6 6.35% $13,382
FREEDOM MORTGAGE CORPORATION 5 6.27% $12,096
HALLMARK HOME MORTGAGE, LLC 5 6.83% $9,808
Flagstar Bank, FSB 5 6.50% $9,904
Mr. Cooper ( Nationstar Mortgage ) 5 6.40% $7,590
GUARANTEED RATE, INC. 4 7.31% $9,606
AmeriHome Mortgage Company, LLC 4 6.47% $7,383
SFMC, LP 4 6.75% $8,441
EUSTIS AND AMERICAN MORTGAGE COMPANY 4 6.59% $15,079
MID AMERICA MORTGAGE, INC. 4 7.22% $12,846
Ixonia Bank 4 7.16% $12,003
Guaranty Bank & Trust, N.A. 4 6.09% $10,540
CANOPY MORTGAGE, LLC 3 6.58% $11,814
AMERICAN FINANCIAL NETWORK, INC. 3 7.46% $11,982
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.54% $6,866
CHURCHILL MORTGAGE CORPORATION 3 6.58% $11,684
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 6.79% $11,925
LAKEVIEW LOAN SERVICING, LLC 3 6.75% $8,693
Mortgage Research Center, LLC 3 6.88% $8,171
Origin Bank 3 6.33% $9,813
Sierra Pacific Mortgage Company, Inc. 3 6.83% $9,576
VILLAGE CAPITAL MORTGAGE 3 6.25% $6,247
Waterstone Mortgage Corporation 3 6.92% $12,493
PREMIA MORTGAGE, LLC 2 6.13% $8,416
Regions Bank 2 5.75% $8,868
Republic State Mortgage Co. 2 6.88% $8,097
American Mortgage & Equity Consultants, Inc. 2 6.94% $11,474
Texas Mortgage Lending, LLC 2 6.63% $10,978
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 7.37% $9,825
PLANET HOME LENDING, LLC 2 6.75% $6,098
Plains Commerce Bank 2 6.88% $14,503
NFM, INC. 1 6.13% $8,235
OCMBC, INC. 1 7.00% $6,875
ZILLOW HOME LOANS, LLC 1 6.25% $10,147
Paramount Residential Mortgage Group, Inc. 1 6.63% $5,412
CORNERSTONE HOME LENDING, INC. 1 6.25% $10,680
Century Mortgage Company DBA Century Lending Company 1 5.50% $18,458
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.75% $10,982
Prosperity Home Mortgage, LLC 1 7.13% $7,350
Carrington Mortgage Services, LLC 1 6.50% $12,683
AFFORDABLE MORTGAGE ADVISORS, LLC. 1 7.38% $10,043
V.I.P. MORTGAGE, INC. 1 6.13% $17,635
ASSOCIATED MORTGAGE CORPORATION 1 6.63% $16,811
ST FIN CORP 1 6.49% $12,294
Sunflower Bank 1 6.13% $11,397
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 7.25% $17,140
The First National Bank of Fort Smith 1 6.13% $11,114
TOWNE MORTGAGE COMPANY 1 6.25% $7,583
TruHome Solutions, LLC 1 6.50% $11,416
AMERICAN FINANCIAL RESOURCES, INC. 1 6.63% $5,608
UNITED MORTGAGE CORP 1 7.13% $12,391
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.25% $13,692
Gateway First Bank 1 6.25% $10,285
ALTRA 1 6.25% $9,490
LAND HOME FINANCIAL SERVICES, INC. 1 7.50% $14,039
LEGEND LENDING CORPORATION 1 6.88% $13,115
First United Bank and Trust Company 1 7.63% $10,807
GARDNER FINANCIAL SERVICES, LTD. 1 7.13% $12,812
FIDELITY BANK 1 6.75% $7,813
VAN DYK MORTGAGE CORPORATION 1 6.63% $9,162
Encompass Lending Group, LP 1 7.63% $10,429
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $16,577
Nations Lending Corporation 1 7.25% $18,867
NATIONS RELIABLE LENDING, LLC 1 7.25% $12,169
COUNTRYPLACE MORTGAGE, LTD. 1 4.75% $9,490

The top Longview FHA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 106 FHA loans originated. Their average total fees are $10,869, which is $522 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Longview FHA lenders (with over 10 loans originated) are INTERLINC MORTGAGE SERVICES, LLC ($8,644), BancorpSouth ($8,737), EVERETT FINANCIAL, INC. ($9,388), UNION HOME MORTGAGE CORP. ($9,658) and Equity Prime Mortgage LLC ($9,976).

The lowest rate Longview FHA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.21%), QUICKEN LOANS, LLC (6.45%), BancorpSouth (6.55%), GUILD MORTGAGE COMPANY (6.59%) and SOUTHWEST FUNDING, LP (6.66%).

Longview FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
LONGVIEW, TX GREGG 2022 $420,680 $538,650 $651,050 $809,150
LONGVIEW, TX HARRISON 2022 $420,680 $538,650 $651,050 $809,150
LONGVIEW, TX RUSK 2022 $420,680 $538,650 $651,050 $809,150
LONGVIEW, TX UPSHUR 2022 $420,680 $538,650 $651,050 $809,150
LONGVIEW, TX GREGG 2023 $472,030 $604,400 $730,525 $907,900
LONGVIEW, TX HARRISON 2023 $472,030 $604,400 $730,525 $907,900
LONGVIEW, TX RUSK 2023 $472,030 $604,400 $730,525 $907,900
LONGVIEW, TX UPSHUR 2023 $472,030 $604,400 $730,525 $907,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Longview (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 $179,288 (5.5%) $242,812 (4.8%) 0.66 1,397
2018-02-01 $175,000 (0.8%) $238,337 (2.2%) 0.64 1,418
2018-03-01 $179,900 (2.9%) $244,808 (5.1%) 0.63 1,395
2018-04-01 $181,250 (2.7%) $247,059 (5.1%) 0.61 1,407
2018-05-01 $185,500 (3.1%) $247,669 (7.4%) 0.62 1,430
2018-06-01 $192,500 (7.0%) $259,730 (12.3%) 0.64 1,426
2018-07-01 $197,625 (9.8%) $260,476 (11.1%) 0.66 1,448
2018-08-01 $193,450 (7.5%) $255,574 (8.5%) 0.65 1,413
2018-09-01 $189,900 (5.6%) $255,522 (8.1%) 0.64 1,366
2018-10-01 $191,250 (6.3%) $258,458 (9.7%) 0.65 1,325
2018-11-01 $189,925 (5.7%) $258,141 (7.7%) 0.64 1,293
2018-12-01 $189,900 (5.6%) $259,555 (6.5%) 0.66 1,241
2019-01-01 $191,250 (6.7%) $261,614 (7.7%) 0.66 1,163
2019-02-01 $193,125 (10.4%) $264,682 (11.1%) 0.65 1,179
2019-03-01 $196,000 (9.0%) $268,592 (9.7%) 0.64 1,201
2019-04-01 $199,250 (9.9%) $271,018 (9.7%) 0.63 1,223
2019-05-01 $199,000 (7.3%) $276,046 (11.5%) 0.62 1,222
2019-06-01 $199,000 (3.4%) $271,403 (4.5%) 0.62 1,200
2019-07-01 $199,900 (1.2%) $267,403 (2.7%) 0.63 1,206
2019-08-01 $199,900 (3.3%) $267,341 (4.6%) 0.63 1,213
2019-09-01 $199,900 (5.3%) $266,462 (4.3%) 0.64 1,184
2019-10-01 $199,700 (4.4%) $265,149 (2.6%) 0.64 1,149
2019-11-01 $199,500 (5.0%) $262,907 (1.9%) 0.65 1,084
2019-12-01 $194,700 (2.5%) $255,463 (-1.6%) 0.65 979
2020-01-01 $194,900 (1.9%) $257,396 (-1.6%) 0.65 884
2020-02-01 $195,000 (1.0%) $259,807 (-1.8%) 0.64 876
2020-03-01 $199,250 (1.7%) $270,053 (0.5%) 0.62 832
2020-04-01 $197,225 (-1.0%) $270,636 (-0.1%) 0.62 817
2020-05-01 $199,900 (0.5%) $280,371 (1.6%) 0.61 788
2020-06-01 $215,222 (8.2%) $293,539 (8.2%) 0.63 715
2020-07-01 $224,950 (12.5%) $298,867 (11.8%) 0.65 658
2020-08-01 $223,250 (11.7%) $303,358 (13.5%) 0.64 640
2020-09-01 $229,900 (15.0%) $315,718 (18.5%) 0.66 608
2020-10-01 $227,900 (14.1%) $318,534 (20.1%) 0.65 551
2020-11-01 $222,500 (11.5%) $314,207 (19.5%) 0.65 526
2020-12-01 $212,500 (9.1%) $306,068 (19.8%) 0.63 505
2021-01-01 $209,900 (7.7%) $311,267 (20.9%) 0.63 468
2021-02-01 $199,900 (2.5%) $322,120 (24.0%) 0.58 387
2021-03-01 $194,000 (-2.6%) $321,420 (19.0%) 0.55 346
2021-04-01 $214,900 (9.0%) $321,836 (18.9%) 0.58 336
2021-05-01 $219,900 (10.0%) $336,137 (19.9%) 0.58 287
2021-06-01 $239,450 (11.3%) $371,048 (26.4%) 0.63 309
2021-07-01 $259,925 (15.6%) $378,525 (26.7%) 0.69 404
2021-08-01 $259,975 (16.5%) $373,087 (23.0%) 0.69 420
2021-09-01 $262,500 (14.2%) $374,397 (18.6%) 0.70 416
2021-10-01 $259,944 (14.1%) $378,964 (19.0%) 0.69 373
2021-11-01 $250,000 (12.4%) $366,356 (16.6%) 0.67 376
2021-12-01 $250,000 (17.7%) $370,357 (21.0%) 0.68 359
2022-01-01 $230,000 (9.6%) $360,507 (15.8%) 0.62 308
2022-02-01 $244,000 (22.1%) $379,684 (17.9%) 0.63 283
2022-03-01 $273,569 (41.0%) $406,174 (26.4%) 0.68 280
2022-04-01 $275,500 (28.2%) $385,762 (19.9%) 0.66 266
2022-05-01 $276,000 (25.5%) $407,102 (21.1%) 0.63 322
2022-06-01 $301,840 (26.1%) $407,811 (9.9%) 0.67 366
2022-07-01 $299,000 (15.0%) $397,698 (5.1%) 0.67 444
2022-08-01 $297,975 (14.6%) $394,895 (5.9%) 0.69 519
2022-09-01 $298,250 (13.6%) $390,271 (4.2%) 0.70 552
2022-10-01 $299,999 (15.4%) $394,558 (4.1%) 0.71 554
2022-11-01 $299,999 (20.0%) $398,407 (8.8%) 0.72 551
2022-12-01 $299,863 (19.9%) $388,359 (4.9%) 0.74 540
2023-01-01 $299,663 (30.3%) $393,760 (9.2%) 0.74 512
2023-02-01 $295,000 (20.9%) $387,475 (2.1%) 0.71 485
2023-03-01 $291,918 (6.7%) $395,316 (-2.7%) 0.69 468
2023-04-01 $299,900 (8.9%) $403,083 (4.5%) 0.70 475
2023-05-01 $306,725 (11.1%) $384,442 (-5.6%) 0.70 498
2023-06-01 $299,000 (-0.9%) $381,777 (-6.4%) 0.67 557
2023-07-01 $312,870 (4.6%) $395,748 (-0.5%) 0.71 612
2023-08-01 $314,750 (5.6%) $404,323 (2.4%) 0.72 671
2023-09-01 $299,250 (0.3%) $389,667 (-0.2%) 0.70 707
2023-10-01 $299,900 (0.0%) $392,696 (-0.5%) 0.71 743
2023-11-01 $299,125 (-0.3%) $376,934 (-5.4%) 0.71 795
2023-12-01 $299,000 (-0.3%) $376,093 (-3.2%) 0.73 797
2024-01-01 $299,450 (-0.1%) $375,936 (-4.5%) 0.73 749
2024-02-01 $299,900 (1.7%) $375,865 (-3.0%) 0.72 756
2024-03-01 $305,000 (4.5%) $379,401 (-4.0%) 0.72 787
2024-04-01 $310,000 (3.4%) $384,050 (-4.7%) 0.72 816
2024-05-01 $309,737 (1.0%) $389,819 (1.4%) 0.70 856
2024-06-01 $315,000 (5.4%) $386,208 (1.2%) 0.72 901
2024-07-01 $314,919 (0.7%) $384,911 (-2.7%) 0.72 940
2024-08-01 $313,950 (-0.3%) $383,513 (-5.2%) 0.73 936
2024-09-01 $300,000 (0.3%) $380,673 (-2.3%) 0.71 968
2024-10-01 $306,000 (2.0%) $377,372 (-3.9%) 0.72 990
2024-11-01 $300,000 (0.3%) $378,285 (0.4%) 0.72 971
2024-12-01 $299,980 (0.3%) $377,168 (0.3%) 0.75 931
2025-01-01 $299,900 (0.2%) $374,421 (-0.4%) 0.75 894
2025-02-01 $300,700 (0.3%) $380,535 (1.2%) 0.73 910
2025-03-01 $315,000 (3.3%) $382,151 (0.7%) 0.00 966
Longview's median listing price for 2025-03-01 was $315,000, a difference of $10,000 (3.3%) versus the prior year and $14,300 versus the prior month.

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

Longview's average listing price for 2025-03-01 was $382,151, a difference of $2,750 (0.7%) versus the prior year and $1,616 versus the prior month.

For the 2025-03-01 period, Longview had 966 MLS listings, a difference of 56 listings (6%) versus the prior month and 179 listings (23%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Longview (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 110 days 2,016 sqft
2018-02-01 106 days 1,973 sqft
2018-03-01 93 days 1,995 sqft
2018-04-01 72 days 2,031 sqft
2018-05-01 66 days 2,024 sqft
2018-06-01 68 days 2,046 sqft
2018-07-01 68 days 2,035 sqft
2018-08-01 71 days 2,032 sqft
2018-09-01 81 days 2,020 sqft
2018-10-01 88 days 2,031 sqft
2018-11-01 89 days 2,041 sqft
2018-12-01 90 days 2,017 sqft
2019-01-01 97 days 2,026 sqft
2019-02-01 95 days 2,059 sqft
2019-03-01 83 days 2,073 sqft
2019-04-01 70 days 2,089 sqft
2019-05-01 64 days 2,075 sqft
2019-06-01 61 days 2,058 sqft
2019-07-01 61 days 2,053 sqft
2019-08-01 63 days 2,070 sqft
2019-09-01 68 days 2,085 sqft
2019-10-01 72 days 2,094 sqft
2019-11-01 75 days 2,074 sqft
2019-12-01 81 days 2,029 sqft
2020-01-01 94 days 2,030 sqft
2020-02-01 86 days 2,027 sqft
2020-03-01 65 days 2,031 sqft
2020-04-01 70 days 2,025 sqft
2020-05-01 73 days 2,053 sqft
2020-06-01 78 days 2,129 sqft
2020-07-01 64 days 2,135 sqft
2020-08-01 59 days 2,148 sqft
2020-09-01 61 days 2,158 sqft
2020-10-01 63 days 2,152 sqft
2020-11-01 61 days 2,116 sqft
2020-12-01 63 days 2,046 sqft
2021-01-01 64 days 2,028 sqft
2021-02-01 77 days 2,056 sqft
2021-03-01 66 days 2,048 sqft
2021-04-01 37 days 2,044 sqft
2021-05-01 33 days 1,972 sqft
2021-06-01 31 days 2,045 sqft
2021-07-01 31 days 2,078 sqft
2021-08-01 37 days 2,041 sqft
2021-09-01 42 days 2,053 sqft
2021-10-01 50 days 2,021 sqft
2021-11-01 52 days 2,016 sqft
2021-12-01 49 days 1,981 sqft
2022-01-01 60 days 1,945 sqft
2022-02-01 40 days 1,882 sqft
2022-03-01 33 days 2,051 sqft
2022-04-01 36 days 2,046 sqft
2022-05-01 24 days 2,082 sqft
2022-06-01 33 days 2,142 sqft
2022-07-01 36 days 2,109 sqft
2022-08-01 38 days 2,095 sqft
2022-09-01 46 days 2,102 sqft
2022-10-01 54 days 2,078 sqft
2022-11-01 52 days 2,094 sqft
2022-12-01 67 days 2,076 sqft
2023-01-01 84 days 2,085 sqft
2023-02-01 79 days 2,022 sqft
2023-03-01 56 days 2,025 sqft
2023-04-01 46 days 2,064 sqft
2023-05-01 50 days 2,074 sqft
2023-06-01 46 days 2,019 sqft
2023-07-01 48 days 2,041 sqft
2023-08-01 52 days 2,064 sqft
2023-09-01 57 days 2,030 sqft
2023-10-01 65 days 2,044 sqft
2023-11-01 61 days 2,020 sqft
2023-12-01 68 days 2,001 sqft
2024-01-01 77 days 2,025 sqft
2024-02-01 78 days 2,025 sqft
2024-03-01 64 days 2,040 sqft
2024-04-01 55 days 2,056 sqft
2024-05-01 58 days 2,062 sqft
2024-06-01 61 days 2,026 sqft
2024-07-01 64 days 2,024 sqft
2024-08-01 65 days 2,034 sqft
2024-09-01 71 days 2,020 sqft
2024-10-01 69 days 2,007 sqft
2024-11-01 74 days 2,010 sqft
2024-12-01 84 days 2,013 sqft
2025-01-01 91 days 2,009 sqft
2025-02-01 85 days 2,014 sqft
2025-03-01 0 days 2,030 sqft
Longview'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.

Longview's median square footage for active listings during the 2025-03-01 period was 2,030 sqft. One year prior, the average listing was 2,040 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).