Orlando FHA Loans

ORLANDO-KISSIMMEE-SANFORD, FL

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.

Orlando's 330 lenders originated 16,303 FHA loans during 2021. The total origination value was $4,093,875,000, with an average FHA loan value of $251,112.

Orlando FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Orlando averaged 5.38% for the week of 2022-05-13, compared to the national average (all FHA variants) of 5.361% for the same period.

The average rate for the prior week (2022-05-06) was 5.61% and one month ago for the week of 2022-04-08, the average rate was 4.97%.

The average rate one year ago was 3.08%.

For refis of the same type during the week of 2022-05-13, the average rate was 4.99%.

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

Orlando FHA Loan Lenders by Rates & Fees

The below table looks at the average fees and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Orlando level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 1,182 2.70% $6,901
UNITED WHOLESALE MORTGAGE, LLC 801 2.77% $8,851
CALIBER HOME LOANS, INC. 765 2.92% $8,965
FREEDOM MORTGAGE CORPORATION 730 2.91% $6,667
DHI MORTGAGE COMPANY, LTD. 497 2.83% $8,993
FBC MORTGAGE, LLC 482 3.06% $9,232
PENNYMAC LOAN SERVICES, LLC 450 3.10% $5,727
LAKEVIEW LOAN SERVICING, LLC 443 3.02% $5,078
Lakeview Community Capital, LLC 364 3.03% $5,032
Mr. Cooper ( Nationstar Mortgage ) 354 3.24% $5,010
BROKER SOLUTIONS, INC. 340 3.29% $10,743
EAGLE HOME MORTGAGE, LLC 313 3.34% $10,456
CROSSCOUNTRY MORTGAGE, LLC 296 3.19% $10,006
Paramount Residential Mortgage Group, Inc. 289 3.27% $10,619
Mortgage Lenders Investment Trading Corporation 263 3.45% $7,503
LOANDEPOT.COM, LLC 254 3.21% $9,342
Equity Prime Mortgage LLC 247 3.14% $9,344
KBHS HOME LOANS, LLC 196 3.25% $11,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 183 3.17% $9,422
AMERICAN FINANCIAL NETWORK, INC. 178 3.33% $13,646
NEWREZ LLC 170 2.91% $6,514
Carrington Mortgage Services, LLC 170 3.45% $9,295
HOMEBRIDGE FINANCIAL SERVICES, INC. 167 3.04% $9,971
THE MORTGAGE FIRM, INC. 164 3.11% $8,844
AMERIFIRST FINANCIAL CORPORATION 147 3.47% $10,025
HOME POINT FINANCIAL CORPORATION 133 2.82% $8,638
Plains Commerce Bank 133 2.92% $9,133
South Pacific Financial Corporation 132 2.76% $10,742
PULTE MORTGAGE LLC 128 3.10% $6,374
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 128 3.18% $9,188
MATTAMY HOME FUNDING, LLC 127 2.60% $11,049
MOVEMENT MORTGAGE, LLC 125 3.28% $9,071
Waterstone Mortgage Corporation 115 3.36% $10,753
AmeriHome Mortgage Company, LLC 112 2.91% $5,155
PRIMARY RESIDENTIAL MORTGAGE, INC. 105 3.39% $11,848
VILLAGE CAPITAL & INVESTMENT LLC 99 2.97% $3,127
Summit Mortgage Corporation 90 3.13% $9,724
Hometown Lenders, Inc. 88 3.30% $10,686
PLANET HOME LENDING, LLC 87 2.90% $6,725
Flagstar Bank, FSB 86 2.72% $9,151
PANORAMA MORTGAGE GROUP, LLC 80 3.40% $10,397
HOME SOLUTION LENDERS INC. 78 2.65% $8,988
Christensen Financial, Inc. 74 3.07% $9,459
SUCCESS MORTGAGE PARTNERS, INC. 64 2.92% $9,786
MORTGAGE EQUITY PARTNERS LLC 63 3.29% $10,420
Bank of England 63 3.15% $10,026
FINANCE OF AMERICA MORTGAGE LLC 59 2.84% $9,233
NVR Mortgage Finance, Inc. 59 3.01% $11,559
HOMESPIRE MORTGAGE CORPORATION 59 3.27% $9,728
AMERISAVE MORTGAGE CORPORATION 54 2.88% $9,174
Nations Lending Corporation 54 3.22% $9,624
VELOCIO MORTGAGE L.L.C. 53 3.11% $13,974
Commerce Home Mortgage, Inc. 53 3.17% $9,619
GUARANTEED RATE, INC. 52 2.83% $9,902
InterContinental Capital Group, Inc 51 2.65% $7,413
SECURITYNATIONAL MORTGAGE COMPANY 50 3.01% $10,029
First Guaranty Mortgage Corporation 48 2.99% $8,103
HAMILTON HOME LOANS, INC. 47 3.20% $9,653
MORTGAGE FINANCIAL GROUP, INC. 44 2.97% $11,095
LAND HOME FINANCIAL SERVICES, INC. 44 3.57% $12,120
CMG MORTGAGE, INC. 42 3.22% $10,696
PARK SQUARE HOME MORTGAGE, LLC 39 2.97% $9,865
PLAZA HOME MORTGAGE, INC. 39 3.07% $8,950
Hometown Equity Mortgage, LLC 36 3.65% $10,627
Bank of America 36 2.83% $6,228
LOANPAL, LLC 35 2.54% $9,727
M/I FINANCIAL, LLC 35 2.70% $10,235
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 34 3.01% $11,625
GUARANTEED RATE AFFINITY, LLC 34 2.76% $9,598
NATIONS DIRECT MORTGAGE, LLC 33 3.25% $11,278
FIDELITY FUNDING MORTGAGE CORP. 31 2.94% $8,140
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 30 3.26% $9,756
AMERICAN PACIFIC MORTGAGE CORPORATION 30 3.03% $9,678
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 29 3.11% $9,713
SOUTHPOINT FINANCIAL SERVICES, INC. 29 3.16% $8,273
JPMorgan Chase Bank 29 3.01% $6,355
EMBRACE HOME LOANS, INC. 28 3.07% $9,113
HOMEAMERICAN MORTGAGE CORPORATION 28 2.77% $6,284
Town Square Mortgage & Investments, Inc. 28 3.32% $8,664
ROUNDPOINT MORTGAGE SERVICING CORPORATION 27 3.24% $9,110
ABSOLUTE HOME MORTGAGE CORPORATION 26 2.97% $10,607
OCMBC, INC. 26 2.96% $9,194
OCEANSIDE MORTGAGE COMPANY 26 2.69% $3,542
ANGEL OAK HOME LOANS LLC 24 2.82% $11,309
GUILD MORTGAGE COMPANY 23 3.05% $8,869
UNION HOME MORTGAGE CORP. 23 2.97% $9,639
South State Bank 23 2.79% $9,171
NORTHPOINT MORTGAGE, INC. 22 3.02% $9,204
SUN WEST MORTGAGE COMPANY, INC. 21 3.07% $9,360
VAN DYK MORTGAGE CORPORATION 21 3.38% $8,855
COLUMBUS CAPITAL LENDING, LLC 20 2.96% $11,552
Gateway First Bank 19 3.00% $8,638
Citizens Bank 19 2.68% $9,426
INTERLINC MORTGAGE SERVICES, LLC 19 3.38% $7,546
Ixonia Bank 18 3.19% $8,869
HOMESIDE FINANCIAL, LLC 18 2.96% $9,630
TOWNE MORTGAGE COMPANY 18 3.07% $9,945
JET HOMELOANS, LLC 16 3.27% $10,583
The Federal Savings Bank 16 2.81% $10,706
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 15 3.18% $10,660
CHURCHILL MORTGAGE CORPORATION 15 2.86% $9,306
First Home Bank 15 3.09% $9,699
RESIDENTIAL BANCORP. 14 3.18% $10,705
NP, Inc. 14 2.99% $11,434
DAS Acquisition Company, LLC 14 3.51% $9,190
AMERICAN FINANCIAL RESOURCES, INC. 14 3.14% $9,226
WATSON MORTGAGE CORP. 14 3.00% $9,535
OPEN MORTGAGE, LLC 13 2.96% $8,492
LEADERONE FINANCIAL CORPORATION 13 3.58% $10,303
APEX HOME LOANS, INC. 12 2.95% $8,418
ACOPIA, LLC 11 3.10% $9,866
Ameris Bank 11 2.95% $7,902
Centennial Bank 11 3.07% $9,862
MID AMERICA MORTGAGE, INC. 11 3.01% $9,025
TOP FLITE FINANCIAL, INC. 11 3.20% $17,214
Alcova Mortgage LLC 11 2.78% $7,537
AMERICAN FINANCING CORPORATION 11 2.94% $8,227
First Horizon Bank 11 2.75% $8,151
ARK-LA-TEX FINANCIAL SERVICES, LLC. 11 3.00% $7,482
STOCKTON MORTGAGE CORPORATION 10 2.71% $10,373
First Option Mortgage, LLC 10 3.30% $9,943
Regions Bank 10 2.96% $8,237
Truist Bank 10 2.90% $7,733
PNC Bank 10 2.61% $7,504
ZILLOW HOME LOANS, LLC 10 2.80% $9,568
MUTUAL OF OMAHA MORTGAGE, INC. 10 3.10% $8,500
HOMEOWNERS FINANCIAL GROUP USA, LLC 10 3.18% $9,753
ALLIED MORTGAGE GROUP, INC. 10 3.18% $12,075
EMM LOANS LLC 10 3.00% $12,837
BECKAM FUNDING CORP. 9 3.57% $13,872
FAMILY FIRST FUNDING LLC 9 2.92% $11,106
Amerifirst Financial, Inc. 9 3.26% $9,814
EVERETT FINANCIAL, INC. 9 3.49% $8,057
Colten Mortgage, LLC 9 3.29% $6,266
Mortgage Unlimited, L.L.C. 8 3.44% $8,136
ACADEMY MORTGAGE CORPORATION 8 3.25% $7,195
AmRes Corporation 8 2.77% $9,376
DATA MORTGAGE, INC. 8 3.72% $12,631
Financial Freedom Mortgage, LLC 8 3.27% $11,808
GENEVA FINANCIAL, LLC 8 3.06% $9,028
LENDUS, LLC 8 3.44% $8,917
NATIONWIDE MORTGAGE BANKERS, INC. 8 3.14% $11,482
Prosperity Home Mortgage, LLC 8 3.48% $6,908
STEARNS LENDING, LLC 8 3.23% $9,228
VANDERBILT MORTGAGE AND FINANCE, INC. 8 3.27% $9,555
MICHIGAN MUTUAL, INC. 7 3.20% $8,963
Evolve Bank & Trust 7 2.82% $6,951
CELEBRITY HOME LOANS, LLC 7 3.02% $10,800
KELLER MORTGAGE, LLC 7 2.91% $8,275
RELIANCE FIRST CAPITAL, LLC 7 3.18% $10,805
Barrington Bank & Trust Company, N.A. 7 3.14% $7,764
READY MORTGAGE LENDERS, LLC 7 3.14% $13,749
First Federal Bank 7 3.04% $8,263
SOUTHWEST FUNDING, LP 6 3.33% $15,927
NETWORK CAPITAL FUNDING CORPORATION 6 3.25% $9,776
NATIONS RELIABLE LENDING, LLC 6 3.48% $8,893
BAY EQUITY LLC 6 3.12% $12,254
ENVOY MORTGAGE, LTD 6 3.33% $9,819
AMERICAN PORTFOLIO MORTGAGE CORPORATION 5 3.58% $8,648
LEGEND LENDING CORPORATION 5 3.30% $10,785
Wells Fargo Bank 5 3.30% $5,247
1ST FINANCIAL, INC. 5 3.03% $10,169
Home Mortgage Alliance Corp 5 2.58% $10,314
DEVELOPER'S MORTGAGE COMPANY 5 2.85% $7,193
Manufacturers and Traders Trust Company 5 2.88% $10,085
GREAT WESTERN FINANCIAL SERVICES, INC. 5 3.25% $9,259
HUNT MORTGAGE CORPORATION 5 2.98% $7,345
CONTOUR MORTGAGE CORPORATION 5 2.98% $9,325
SOVEREIGN LENDING GROUP INCORPORATED 5 2.75% $8,589
INTERCOASTAL MORTGAGE COMPANY 5 3.03% $8,690
MORIA DEVELOPMENT, INC. 5 3.43% $9,218
T2 FINANCIAL LLC 5 3.13% $7,914
THE MONEY HOUSE INC. 5 2.70% $8,549
ARC HOME LLC 5 2.63% $10,121
Mortgage Research Center, LLC 5 2.95% $6,118
Capital Bank 4 2.69% $10,079
Fifth Third Bank 4 3.03% $9,747
Loan Simple, Inc. 4 3.06% $7,747
Princeton Mortgage Corporation 4 3.06% $11,482
Network Funding, L.P. 4 3.19% $9,280
AMCAP MORTGAGE, LTD. 4 2.84% $10,278
J. VIRGIL, INC. 4 3.00% $7,450
HOMESTAR FINANCIAL CORPORATION 4 3.00% $9,497
LIBERTY HOME MORTGAGE CORPORATION 4 3.31% $10,525
SOUTHERN TRUST MORTGAGE, LLC 4 3.22% $9,380
COUNTRYPLACE MORTGAGE, LTD. 4 3.25% $11,841
Wyndham Capital Mortgage, Inc. 4 2.75% $6,302
US MORTGAGE CORPORATION 4 3.28% $8,883
INLANTA MORTGAGE, INC. 3 2.96% $8,093
GERSHMAN INVESTMENT CORP. 3 2.83% $9,621
INTELLILOAN, INC. 3 3.00% $4,843
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 3 3.54% $9,033
Magnolia Bank 3 2.79% $11,562
JMAC LENDING, INC. 3 2.83% $7,749
CRESCENT MORTGAGE COMPANY 3 3.25% $8,916
Northpointe Bank 3 3.21% $8,511
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 3 2.79% $10,439
FIRST ALLIANCE HOME MORTGAGE, LLC 3 3.04% $10,739
PHH Mortgage Corporation 3 3.33% $4,390
Austin Capital Bank SSB 3 2.92% $10,624
SOUTHWEST STAGE FUNDING, LLC 3 3.17% $5,583
GSF Mortgage Corporation 3 3.21% $7,706
HALLMARK HOME MORTGAGE, LLC 3 3.00% $9,534
Bell Bank 3 2.96% $7,636
BAYSHORE MORTGAGE FUNDING, LLC 3 3.13% $10,794
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 3.42% $9,892
MORTGAGE SOLUTIONS OF COLORADO, LLC 3 3.42% $12,460
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.00% $8,006
LENOX FINANCIAL MORTGAGE CORPORATION 3 2.83% $11,805
AMERICAN ADVISORS GROUP 3 2.71% $9,297
U.S. Bank 3 2.54% $9,987
POLARIS HOME FUNDING CORP. 2 2.94% $11,594
Meridian Bank Corporation 2 2.38% $9,845
FOUNDATION MORTGAGE CORPORATION 2 3.06% $10,757
Century Mortgage Company DBA Century Lending Company 2 2.69% $7,711
Renasant Bank 2 2.69% $9,882
RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 2.94% $8,311
Florida Capital Bank 2 3.00% $9,906
Seacoast National Bank 2 3.31% $8,645
CALCON MUTUAL MORTGAGE LLC 2 3.75% $11,282
FLAT BRANCH MORTGAGE, INC. 2 3.50% $10,451
Sierra Pacific Mortgage Company, Inc. 2 2.94% $10,532
SIGNATURE MORTGAGE CORPORATION 2 3.38% $8,048
Blue Ridge Bank 2 2.63% $11,070
BETTER MORTGAGE CORPORATION 2 2.25% $9,802
Strong Home Mortgage, LLC 2 2.75% $6,498
SWBC MORTGAGE CORPORATION 2 3.44% $7,459
Goldwater Bank, N.A. 2 3.13% $8,310
BANKERS MORTGAGE LENDING, INC. 2 2.69% $8,906
Neighborhood Loans, Inc. 2 3.63% $9,881
TJC Mortgage, Inc. 2 2.75% $7,110
Total Media Management, LLC 2 2.75% $7,339
TOTAL MORTGAGE SERVICES, LLC 2 3.44% $9,320
TruHome Solutions, LLC 2 2.75% $8,399
NEW DAY FINANCIAL, LLC 2 2.75% $7,382
UNITED MORTGAGE CORP. 2 2.88% $9,944
INTERSTATE HOME LOAN CENTER, INC. 2 2.63% $11,615
George Mason Mortgage, LLC 2 3.19% $13,143
NJ LENDERS CORP. 2 2.69% $8,444
ALL WESTERN MORTGAGE, INC. 2 2.44% $9,411
LOANLEADERS OF AMERICA, INC. 2 2.75% $11,143
FIRST EQUITY MORTGAGE BANKERS, INC. 2 2.75% $10,153
Low VA Rates, LLC 2 3.00% $5,911
FIRST COMMUNITY MORTGAGE, INC. 2 3.50% $10,969
Congressional Bank 2 2.88% $7,952
COMPASS MORTGAGE, INC. 2 2.94% $10,269
PREFERRED LENDING SERVICES, LLC 2 3.19% $8,254
GUARANTY HOME MORTGAGE CORPORATION 1 3.13% $6,072
GROUP ONE MORTGAGE, INC. 1 2.25% $9,093
Independent Bank 1 2.88% $6,555
INTERCAP LENDING INC. 1 3.13% $8,929
JAMES B. NUTTER & COMPANY 1 2.88% $3,437
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 1 3.00% $10,998
JET DIRECT FUNDING CORP 1 3.25% $10,262
GENNEXT FUNDING, LLC 1 2.88% $7,753
KS StateBank 1 2.63% $6,931
Kwik Mortgage Corporation 1 3.00% $8,009
LADERA LENDING, INC. 1 3.25% $7,222
First United Bank and Trust Company 1 2.75% $11,738
First Savings Bank 1 3.00% $6,351
First Mortgage Solutions, LLC 1 2.50% $8,722
FIRST HOME MORTGAGE CORPORATION 1 3.13% $13,980
MCLEAN MORTGAGE CORPORATION 1 2.88% $5,607
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 3.75% $12,714
MEGA CAPITAL FUNDING, INC. 1 2.25% $16,054
FirstBank 1 2.75% $6,919
Mid-Continent Funding, Inc. 1 3.25% $9,179
MILEND, INC. 1 3.13% $10,626
MLB RESIDENTIAL LENDING, LLC 1 2.63% $20,215
FIDELITY DIRECT MORTGAGE, LLC 1 2.25% $9,157
MORTGAGE FINANCIAL SERVICES, LLC 1 2.38% $10,327
F&B Acquisition Group LLC 1 2.63% $10,102
FAY SERVICING, LLC 1 3.13% $10,955
FAIRWAY FUNDING GROUP, INC. 1 2.25% $5,423
NATION ONE MORTGAGE CORPORATION 1 3.25% $11,691
EQUITY RESOURCES, INC. 1 2.75% $9,208
WESTERN EXPRESS LENDING 1 3.75% $9,266
East Coast Capital Corp. 1 2.88% $16,050
NEXERA HOLDING LLC 1 2.63% $7,486
NFM, INC. 1 3.50% $11,318
North American Savings Bank, F.S.B. 1 2.25% $10,262
EagleBank 1 2.25% $9,214
NORWICH COMMERCIAL GROUP, INC. 1 2.75% $6,028
DRAPER AND KRAMER MORTGAGE CORP. 1 2.50% $5,589
NTFN, INC. 1 2.75% $11,837
DIRECT MORTGAGE LOANS, LLC 1 3.63% $8,595
DIRECT LENDERS, LLC 1 4.00% $5,317
DIRECTIONS EQUITY, LLC 1 3.75% $13,722
OVM FINANCIAL, INC. 1 3.88% $9,564
PARKSIDE LENDING, LLC 1 2.38% $7,811
Credence Funding Corporation 1 2.75% $7,522
Peoples Bank 1 2.63% $10,279
CORNERSTONE HOME LENDING, INC. 1 3.25% $10,940
PLUS RELOCATION MORTGAGE, LLC 1 3.25% $10,622
PREMIA MORTGAGE, LLC 1 2.88% $7,591
CityWorth Mortgage LLC 1 3.25% $9,251
Wolfe Financial, Inc 1 2.38% $7,385
CHERRY CREEK MORTGAGE, LLC 1 2.63% $4,194
Quaint Oak Mortgage, LLC 1 3.88% $7,295
CHAMPIONS MORTGAGE LLC 1 3.25% $4,982
RESIDENTIAL HOME FUNDING CORP. 1 3.88% $10,361
RESIDENTIAL HOME MORTGAGE CORPORATION 1 3.50% $4,126
Residential Mortgage Solutions, Inc. 1 2.38% $8,215
ROYAL UNITED MORTGAGE LLC 1 2.75% $13,414
RUOFF MORTGAGE COMPANY, INC. 1 3.75% $6,549
Shamrock Home Loans, Inc. 1 3.00% $5,985
SHELTER MORTGAGE COMPANY, L.L.C. 1 3.75% $6,735
SIRVA MORTGAGE, INC. 1 3.38% $11,378
SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 3.25% $14,221
BNC National Bank 1 2.88% $9,338
SPACE COAST Credit Union 1 2.88% $7,385
Specialized Loan Servicing LLC 1 2.25% $6,204
BAY CAPITAL MORTGAGE CORPORATION 1 2.63% $10,245
Synovus Bank 1 3.25% $9,210
TBI MORTGAGE COMPANY 1 2.38% $10,499
The Huntington National Bank 1 2.88% $6,967
The Union Bank Company 1 2.50% $7,590
TIDEWATER MORTGAGE SERVICES, INC. 1 2.63% $8,591
AXIA FINANCIAL, LLC 1 3.75% $6,651
ASPIRE FINANCIAL, INC. 1 2.50% $6,286
Arvest Bank 1 3.25% $8,410
UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 3.00% $11,651
UNITED SECURITY FINANCIAL CORP 1 3.75% $12,328
UNIVERSITY LENDING GROUP, LLC 1 2.75% $10,367
Allied First Bank,sb 1 3.13% $7,925
AMERICAN MORTGAGE SERVICE COMPANY 1 2.00% $7,371
VERITAS FUNDING, LLC 1 2.50% $12,184
VISION ONE MORTGAGE, INC. 1 2.88% $6,223
HomePromise Corporation 1 2.88% $14,493
GTE Federal Credit Union 1 3.38% $6,437

The top Orlando FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 1,182 FHA loans originated. Their average total fees are $6,901, which is $1,950 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Orlando FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL & INVESTMENT LLC ($3,127), OCEANSIDE MORTGAGE COMPANY ($3,542), Mr. Cooper ( Nationstar Mortgage ) ($5,010), Lakeview Community Capital, LLC ($5,032) and LAKEVIEW LOAN SERVICING, LLC ($5,078).

The lowest rate Orlando FHA lenders (with over 10 loans originated) are LOANPAL, LLC (2.54%), MATTAMY HOME FUNDING, LLC (2.60%), PNC Bank (2.61%), HOME SOLUTION LENDERS INC. (2.65%) and InterContinental Capital Group, Inc (2.65%).

Orlando FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
ORLANDO-KISSIMMEE-SANFORD, FL LAKE 2022 $420,680 $538,650 $651,050 $809,150
ORLANDO-KISSIMMEE-SANFORD, FL ORANGE 2022 $420,680 $538,650 $651,050 $809,150
ORLANDO-KISSIMMEE-SANFORD, FL OSCEOLA 2022 $420,680 $538,650 $651,050 $809,150
ORLANDO-KISSIMMEE-SANFORD, FL SEMINOLE 2022 $420,680 $538,650 $651,050 $809,150

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Orlando (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 $299,000 (8.7%) $442,410 (7.7%) 1.10 8,833
2018-02-01 $299,995 (7.2%) $448,309 (7.9%) 1.08 8,883
2018-03-01 $309,900 (8.7%) $448,400 (6.0%) 1.07 8,869
2018-04-01 $318,674 (9.1%) $462,203 (6.5%) 1.07 8,827
2018-05-01 $318,250 (6.5%) $463,248 (6.4%) 1.06 9,017
2018-06-01 $319,000 (6.7%) $466,421 (8.1%) 1.06 9,283
2018-07-01 $317,466 (6.2%) $463,196 (8.8%) 1.06 9,705
2018-08-01 $317,745 (6.9%) $460,609 (9.8%) 1.06 9,798
2018-09-01 $310,000 (3.7%) $450,630 (6.2%) 1.04 10,076
2018-10-01 $308,493 (3.4%) $446,209 (5.2%) 1.03 10,517
2018-11-01 $303,450 (1.8%) $436,237 (1.5%) 1.02 10,651
2018-12-01 $300,000 (0.7%) $438,270 (1.2%) 1.03 10,415
2019-01-01 $299,910 (0.3%) $439,363 (-0.7%) 1.03 10,139
2019-02-01 $299,950 (0.0%) $443,758 (-1.0%) 1.00 10,232
2019-03-01 $306,571 (-1.1%) $450,198 (0.4%) 1.00 10,079
2019-04-01 $312,450 (-2.0%) $453,946 (-1.8%) 0.98 9,815
2019-05-01 $315,000 (-1.0%) $456,706 (-1.4%) 0.97 9,830
2019-06-01 $319,900 (0.3%) $455,336 (-2.4%) 0.98 9,881
2019-07-01 $322,495 (1.6%) $452,135 (-2.4%) 1.00 9,824
2019-08-01 $322,000 (1.3%) $449,199 (-2.5%) 1.01 9,488
2019-09-01 $319,975 (3.2%) $445,661 (-1.1%) 1.02 9,227
2019-10-01 $322,250 (4.5%) $447,366 (0.3%) 1.03 9,548
2019-11-01 $319,000 (5.1%) $440,382 (1.0%) 1.03 9,426
2019-12-01 $317,000 (5.7%) $444,403 (1.4%) 1.06 8,971
2020-01-01 $314,500 (4.9%) $446,643 (1.7%) 1.05 8,556
2020-02-01 $325,000 (8.4%) $459,801 (3.6%) 1.05 8,207
2020-03-01 $322,995 (5.4%) $459,813 (2.1%) 1.01 8,284
2020-04-01 $312,500 (0.0%) $436,338 (-3.9%) 0.97 9,003
2020-05-01 $315,000 (0.0%) $437,796 (-4.1%) 0.95 8,975
2020-06-01 $319,900 (0.0%) $448,728 (-1.5%) 0.93 8,453
2020-07-01 $320,000 (-0.8%) $453,550 (0.3%) 0.92 8,126
2020-08-01 $324,900 (0.9%) $450,269 (0.2%) 0.93 7,921
2020-09-01 $325,000 (1.6%) $456,899 (2.5%) 0.93 7,688
2020-10-01 $324,900 (0.8%) $457,169 (2.2%) 0.93 7,543
2020-11-01 $324,000 (1.6%) $460,855 (4.7%) 0.93 7,343
2020-12-01 $320,000 (1.0%) $460,419 (3.6%) 0.94 6,800
2021-01-01 $315,990 (0.5%) $465,372 (4.2%) 0.93 5,882
2021-02-01 $315,495 (-2.9%) $470,790 (2.4%) 0.91 4,731
2021-03-01 $322,500 (-0.2%) $482,209 (4.9%) 0.90 3,945
2021-04-01 $327,000 (4.6%) $493,188 (13.0%) 0.88 3,452
2021-05-01 $339,900 (7.9%) $501,720 (14.6%) 0.89 3,346
2021-06-01 $355,500 (11.1%) $523,573 (16.7%) 0.92 3,626
2021-07-01 $361,248 (12.9%) $521,939 (15.1%) 0.94 3,950
2021-08-01 $374,950 (15.4%) $519,282 (15.3%) 0.99 4,142
2021-09-01 $379,950 (16.9%) $530,794 (16.2%) 1.00 4,130
2021-10-01 $389,900 (20.0%) $536,336 (17.3%) 1.03 4,039
2021-11-01 $385,950 (19.1%) $539,732 (17.1%) 1.02 3,732
2021-12-01 $389,450 (21.7%) $534,655 (16.1%) 1.04 3,304
2022-01-01 $395,000 (25.0%) $552,680 (18.8%) 1.05 2,797
2022-02-01 $398,700 (26.4%) $572,489 (21.6%) 1.02 2,467
2022-03-01 $412,500 (27.9%) $591,725 (22.7%) 1.02 2,437
2022-04-01 $429,900 (31.5%) $610,677 (23.8%) 1.01 2,689
Orlando's median listing price for 2022-04-01 was $429,900, a difference of $102,900 (31.5%) versus the prior year and $17,400 versus the prior month.

Orlando's median listing price comes in at 101% of the national average.

Orlando's average listing price for 2022-04-01 was $610,677, a difference of $117,489 (23.8%) versus the prior year and $18,952 versus the prior month.

For the 2022-04-01 period, Orlando had 2,689 MLS listings, a difference of 252 listings (10%) versus the prior month and -763 listings (-22%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Orlando (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 75 days 2,123 sqft
2018-02-01 67 days 2,137 sqft
2018-03-01 57 days 2,160 sqft
2018-04-01 59 days 2,186 sqft
2018-05-01 59 days 2,166 sqft
2018-06-01 58 days 2,169 sqft
2018-07-01 59 days 2,160 sqft
2018-08-01 60 days 2,140 sqft
2018-09-01 62 days 2,099 sqft
2018-10-01 61 days 2,090 sqft
2018-11-01 62 days 2,054 sqft
2018-12-01 69 days 2,040 sqft
2019-01-01 77 days 2,035 sqft
2019-02-01 69 days 2,039 sqft
2019-03-01 59 days 2,062 sqft
2019-04-01 58 days 2,078 sqft
2019-05-01 57 days 2,093 sqft
2019-06-01 57 days 2,100 sqft
2019-07-01 59 days 2,111 sqft
2019-08-01 62 days 2,099 sqft
2019-09-01 66 days 2,086 sqft
2019-10-01 63 days 2,094 sqft
2019-11-01 63 days 2,072 sqft
2019-12-01 68 days 2,073 sqft
2020-01-01 72 days 2,058 sqft
2020-02-01 68 days 2,067 sqft
2020-03-01 56 days 2,063 sqft
2020-04-01 57 days 2,002 sqft
2020-05-01 67 days 1,985 sqft
2020-06-01 73 days 1,982 sqft
2020-07-01 63 days 1,976 sqft
2020-08-01 58 days 1,968 sqft
2020-09-01 58 days 1,942 sqft
2020-10-01 59 days 1,914 sqft
2020-11-01 61 days 1,905 sqft
2020-12-01 65 days 1,893 sqft
2021-01-01 70 days 1,848 sqft
2021-02-01 65 days 1,813 sqft
2021-03-01 51 days 1,815 sqft
2021-04-01 45 days 1,795 sqft
2021-05-01 38 days 1,787 sqft
2021-06-01 36 days 1,838 sqft
2021-07-01 37 days 1,851 sqft
2021-08-01 37 days 1,856 sqft
2021-09-01 39 days 1,863 sqft
2021-10-01 43 days 1,885 sqft
2021-11-01 43 days 1,849 sqft
2021-12-01 46 days 1,855 sqft
2022-01-01 46 days 1,846 sqft
2022-02-01 36 days 1,817 sqft
2022-03-01 32 days 1,825 sqft
2022-04-01 32 days 1,843 sqft
Orlando's median listing age (time on market) for 2022-04-01 was 32 days. This is -28% shorter than the same period one year ago.

Orlando's median square footage for active listings during the 2022-04-01 period was 1,843 sqft. One year prior, the average listing was 1,795 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).