Pahrump FHA Loan Rates, Closing Costs & Stats

Pahrump, NV

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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.

    Pahrump's 68 lenders originated 379 FHA loans during 2024. The total origination value was $107,625,000, with an average FHA loan value of $283,971.

    Pahrump FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Pahrump averaged 6.27% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

    Pahrump's average FHA mortgage closing costs are $9,373.

    The average rate for the prior week (2025-03-28) was 6.56% and one month ago for the week of 2025-02-28, the average rate was 6.55%.

    The average rate one year ago was 6.47%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6%.

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

    Pahrump 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 Pahrump level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 43 6.66% $12,291
    UNITED WHOLESALE MORTGAGE, LLC 36 6.26% $12,428
    South Pacific Financial Corporation 22 5.50% $9,387
    AXIA FINANCIAL, LLC 22 6.86% $11,670
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 19 6.84% $12,963
    QUICKEN LOANS, LLC 17 6.33% $11,922
    SECURITYNATIONAL MORTGAGE COMPANY 15 6.90% $12,605
    FREEDOM MORTGAGE CORPORATION 11 6.42% $12,946
    HOMEAMERICAN MORTGAGE CORPORATION 9 5.18% $7,502
    PLANET HOME LENDING, LLC 9 6.26% $9,660
    BROKER SOLUTIONS, INC. 9 6.85% $12,099
    LEADERONE FINANCIAL CORPORATION 8 6.77% $11,236
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 8 6.47% $8,111
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 6 6.44% $12,976
    PENNYMAC LOAN SERVICES, LLC 6 6.31% $10,599
    PANORAMA MORTGAGE GROUP, LLC 6 6.48% $17,114
    VILLAGE CAPITAL MORTGAGE 5 6.27% $5,945
    LAKEVIEW LOAN SERVICING, LLC 4 6.22% $7,370
    CALCON MUTUAL MORTGAGE LLC 4 7.19% $14,273
    Equity Prime Mortgage LLC 4 7.47% $12,482
    GENEVA FINANCIAL, LLC 4 6.54% $14,356
    ONE NEVADA CREDIT UNION 4 6.03% $7,547
    PREMIER MORTGAGE RESOURCES, L.L.C. 4 6.59% $11,744
    GUARANTEED RATE, INC. 3 6.39% $12,284
    Century Mortgage Company DBA Century Lending Company 3 6.54% $8,872
    CROSSCOUNTRY MORTGAGE, LLC 3 6.21% $14,641
    SUN WEST MORTGAGE COMPANY, INC. 3 6.96% $8,389
    NOVA FINANCIAL & INVESTMENT CORPORATION 3 6.24% $10,931
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 7.06% $13,933
    CMG MORTGAGE, INC. 2 7.50% $15,626
    CASTLE & COOKE MORTGAGE, LLC 2 6.50% $12,441
    INTERCAP LENDING INC. 2 6.75% $17,992
    ALAMEDA MORTGAGE CORPORATION 2 6.19% $13,634
    CARDINAL FINANCIAL 2 6.50% $13,711
    LOANDEPOT.COM, LLC 2 6.19% $10,772
    LOANPAL, LLC 2 5.12% $17,423
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.69% $13,647
    NEWREZ LLC 2 6.25% $5,711
    ALLIED MORTGAGE GROUP, INC. 2 7.44% $12,969
    Paramount Residential Mortgage Group, Inc. 2 7.31% $15,617
    ZILLOW HOME LOANS, LLC 2 6.25% $19,718
    RMS & Associates 2 6.69% $16,782
    The Loan Store, Inc. 2 6.81% $10,300
    DHI MORTGAGE COMPANY, LTD. 2 5.49% $8,807
    EVERETT FINANCIAL, INC. 2 6.50% $12,856
    DATA MORTGAGE, INC. 2 6.94% $14,821
    OCMBC, INC. 1 7.00% $9,051
    American Mortgage & Equity Consultants, Inc. 1 7.50% $18,434
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 7.38% $9,707
    CANOPY MORTGAGE, LLC 1 6.75% $10,528
    Flagstar Bank, FSB 1 6.75% $18,239
    BELEM SERVICING LLC 1 6.63% $6,680
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.49% $16,238
    Plains Commerce Bank 1 6.88% $11,511
    INTELLILOAN, INC. 1 6.25% $5,984
    Barrington Bank & Trust Company, N.A. 1 6.75% $10,779
    T2 FINANCIAL LLC 1 6.75% $19,078
    LAND HOME FINANCIAL SERVICES, INC. 1 7.00% $9,603
    Prosperity Home Mortgage, LLC 1 6.13% $9,420
    AMERISAVE MORTGAGE CORPORATION 1 5.75% $16,330
    Franklin Loan Corporation 1 6.13% $14,910
    MORIA DEVELOPMENT, INC. 1 7.13% $10,563
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.25% $12,909
    MOUNTAIN AMERICA 1 6.75% $11,475
    UNITED MORTGAGE CORP 1 7.25% $9,981
    Nations Lending Corporation 1 6.50% $12,660
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.75% $8,314
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.75% $14,631

    The top Pahrump FHA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 43 FHA loans originated. Their average total fees are $12,291, which is $137 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Pahrump FHA lenders (with over 10 loans originated) are South Pacific Financial Corporation ($9,387), AXIA FINANCIAL, LLC ($11,670), QUICKEN LOANS, LLC ($11,922), GUILD MORTGAGE COMPANY ($12,291) and UNITED WHOLESALE MORTGAGE, LLC ($12,428).

    The lowest rate Pahrump FHA lenders (with over 10 loans originated) are South Pacific Financial Corporation (5.50%), UNITED WHOLESALE MORTGAGE, LLC (6.26%), QUICKEN LOANS, LLC (6.33%), FREEDOM MORTGAGE CORPORATION (6.42%) and GUILD MORTGAGE COMPANY (6.66%).

    Pahrump FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    PAHRUMP, NV NYE 2022 $420,680 $538,650 $651,050 $809,150
    PAHRUMP, NV NYE 2023 $472,030 $604,400 $730,525 $907,900

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Pahrump (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 $263,700 (18.8%) $281,437 (14.2%) 0.00 130
    2018-02-01 $266,000 (17.1%) $280,221 (7.4%) 0.00 146
    2018-03-01 $278,900 (22.9%) $318,389 (18.7%) 0.00 136
    2018-04-01 $280,475 (22.0%) $328,781 (19.6%) 0.00 120
    2018-05-01 $278,485 (19.0%) $324,247 (17.5%) 0.00 116
    2018-06-01 $294,900 (19.4%) $333,482 (17.3%) 0.00 133
    2018-07-01 $284,450 (15.9%) $334,272 (19.1%) 0.00 146
    2018-08-01 $284,725 (14.4%) $337,928 (20.9%) 0.00 166
    2018-09-01 $284,900 (16.3%) $330,004 (17.4%) 0.00 188
    2018-10-01 $290,675 (18.7%) $321,847 (13.1%) 0.00 195
    2018-11-01 $290,000 (16.5%) $323,765 (11.4%) 0.00 203
    2018-12-01 $286,750 (12.9%) $316,815 (10.0%) 0.00 204
    2019-01-01 $289,875 (9.9%) $311,005 (10.5%) 0.00 205
    2019-02-01 $289,150 (8.7%) $311,746 (11.3%) 0.00 205
    2019-03-01 $287,856 (3.2%) $305,654 (-4.0%) 0.00 195
    2019-04-01 $285,000 (1.6%) $300,846 (-8.5%) 0.00 183
    2019-05-01 $279,675 (0.4%) $296,390 (-8.6%) 0.00 198
    2019-06-01 $289,630 (-1.8%) $296,706 (-11.0%) 0.00 208
    2019-07-01 $285,000 (0.2%) $296,308 (-11.4%) 0.00 209
    2019-08-01 $280,636 (-1.4%) $293,613 (-13.1%) 0.00 235
    2019-09-01 $274,091 (-3.8%) $289,167 (-12.4%) 0.00 276
    2019-10-01 $269,894 (-7.2%) $287,501 (-10.7%) 0.00 303
    2019-11-01 $285,000 (-1.7%) $298,948 (-7.7%) 0.00 259
    2019-12-01 $289,665 (1.0%) $300,599 (-5.1%) 0.00 237
    2020-01-01 $288,674 (-0.4%) $301,885 (-2.9%) 0.00 221
    2020-02-01 $290,000 (0.3%) $316,900 (1.7%) 0.00 220
    2020-03-01 $289,963 (0.7%) $313,857 (2.7%) 0.00 224
    2020-04-01 $289,900 (1.7%) $321,562 (6.9%) 0.00 218
    2020-05-01 $289,900 (3.7%) $319,863 (7.9%) 0.00 213
    2020-06-01 $294,500 (1.7%) $309,848 (4.4%) 0.00 213
    2020-07-01 $289,000 (1.4%) $319,323 (7.8%) 0.00 203
    2020-08-01 $297,950 (6.2%) $331,019 (12.7%) 0.00 151
    2020-09-01 $293,750 (7.2%) $333,140 (15.2%) 0.00 145
    2020-10-01 $309,997 (14.9%) $349,595 (21.6%) 0.00 132
    2020-11-01 $299,999 (5.3%) $347,820 (16.4%) 0.00 122
    2020-12-01 $302,495 (4.4%) $350,982 (16.8%) 0.00 109
    2021-01-01 $299,990 (3.9%) $347,886 (15.2%) 0.00 101
    2021-02-01 $299,988 (3.4%) $335,334 (5.8%) 0.00 116
    2021-03-01 $310,223 (7.0%) $336,929 (7.4%) 0.00 107
    2021-04-01 $323,750 (11.7%) $354,796 (10.3%) 0.00 103
    2021-05-01 $349,900 (20.7%) $377,184 (17.9%) 0.00 99
    2021-06-01 $359,950 (22.2%) $389,229 (25.6%) 0.00 122
    2021-07-01 $359,999 (24.6%) $398,835 (24.9%) 0.00 140
    2021-08-01 $369,000 (23.9%) $406,848 (22.9%) 0.00 147
    2021-09-01 $374,975 (27.7%) $407,297 (22.3%) 0.00 179
    2021-10-01 $379,000 (22.3%) $412,898 (18.1%) 0.00 183
    2021-11-01 $379,059 (26.4%) $408,391 (17.4%) 0.00 174
    2021-12-01 $381,222 (26.0%) $411,925 (17.4%) 0.00 154
    2022-01-01 $380,000 (26.7%) $421,175 (21.1%) 0.00 140
    2022-02-01 $394,925 (31.7%) $421,145 (25.6%) 0.00 147
    2022-03-01 $417,225 (34.5%) $434,943 (29.1%) 0.00 139
    2022-04-01 $435,000 (34.4%) $459,953 (29.6%) 0.00 140
    2022-05-01 $437,000 (24.9%) $463,271 (22.8%) 0.00 156
    2022-06-01 $434,250 (20.6%) $477,758 (22.7%) 0.00 199
    2022-07-01 $425,000 (18.1%) $471,275 (18.2%) 0.00 254
    2022-08-01 $416,975 (13.0%) $458,841 (12.8%) 0.00 266
    2022-09-01 $403,097 (7.5%) $456,411 (12.1%) 0.00 282
    2022-10-01 $399,900 (5.5%) $440,364 (6.7%) 0.00 281
    2022-11-01 $399,000 (5.3%) $431,116 (5.6%) 0.00 278
    2022-12-01 $396,500 (4.0%) $426,936 (3.6%) 0.00 258
    2023-01-01 $396,500 (4.3%) $417,865 (-0.8%) 0.00 228
    2023-02-01 $395,675 (0.2%) $415,690 (-1.3%) 0.00 244
    2023-03-01 $399,900 (-4.2%) $420,913 (-3.2%) 0.00 251
    2023-04-01 $400,000 (-8.1%) $429,692 (-6.6%) 0.00 245
    2023-05-01 $391,124 (-10.5%) $420,138 (-9.3%) 0.00 286
    2023-06-01 $398,000 (-8.4%) $423,041 (-11.5%) 0.00 297
    2023-07-01 $399,900 (-5.9%) $429,511 (-8.9%) 0.00 282
    2023-08-01 $393,973 (-5.5%) $424,718 (-7.4%) 0.00 289
    2023-09-01 $395,000 (-2.0%) $450,970 (-1.2%) 0.00 226
    2023-10-01 $396,500 (-0.9%) $451,295 (2.5%) 0.00 227
    2023-11-01 $399,000 (0.0%) $453,434 (5.2%) 0.00 209
    2023-12-01 $399,999 (0.9%) $446,140 (4.5%) 0.00 207
    2024-01-01 $406,225 (2.5%) $445,562 (6.6%) 0.00 200
    2024-02-01 $419,950 (6.1%) $450,349 (8.3%) 0.00 200
    2024-03-01 $419,450 (4.9%) $462,117 (9.8%) 0.00 212
    2024-04-01 $416,249 (4.1%) $466,356 (8.5%) 0.00 203
    2024-05-01 $418,738 (7.1%) $447,485 (6.5%) 0.00 199
    2024-06-01 $429,250 (7.9%) $458,690 (8.4%) 0.00 189
    2024-07-01 $425,000 (6.3%) $470,410 (9.5%) 0.00 211
    2024-08-01 $430,000 (9.1%) $469,484 (10.5%) 0.00 234
    2024-09-01 $424,950 (7.6%) $476,181 (5.6%) 0.00 243
    2024-10-01 $419,825 (5.9%) $481,814 (6.8%) 0.00 251
    2024-11-01 $419,900 (5.2%) $496,439 (9.5%) 0.00 249
    2024-12-01 $411,750 (2.9%) $495,442 (11.1%) 0.00 218
    2025-01-01 $413,725 (1.9%) $509,540 (14.4%) 0.00 196
    2025-02-01 $425,000 (1.2%) $517,608 (14.9%) 0.00 220
    2025-03-01 $437,000 (4.2%) $523,062 (13.2%) 0.00 238
    Pahrump's median listing price for 2025-03-01 was $437,000, a difference of $17,550 (4.2%) versus the prior year and $12,000 versus the prior month.

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

    Pahrump's average listing price for 2025-03-01 was $523,062, a difference of $60,945 (13.2%) versus the prior year and $5,454 versus the prior month.

    For the 2025-03-01 period, Pahrump had 238 MLS listings, a difference of 18 listings (8%) versus the prior month and 26 listings (12%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Pahrump (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,218 sqft
    2018-02-01 0 days 2,168 sqft
    2018-03-01 0 days 2,228 sqft
    2018-04-01 0 days 2,200 sqft
    2018-05-01 0 days 2,201 sqft
    2018-06-01 0 days 2,201 sqft
    2018-07-01 0 days 2,134 sqft
    2018-08-01 0 days 2,121 sqft
    2018-09-01 0 days 2,107 sqft
    2018-10-01 0 days 2,149 sqft
    2018-11-01 0 days 2,180 sqft
    2018-12-01 0 days 2,113 sqft
    2019-01-01 0 days 2,090 sqft
    2019-02-01 0 days 2,088 sqft
    2019-03-01 0 days 2,076 sqft
    2019-04-01 0 days 2,062 sqft
    2019-05-01 0 days 2,036 sqft
    2019-06-01 0 days 2,025 sqft
    2019-07-01 0 days 2,024 sqft
    2019-08-01 0 days 2,014 sqft
    2019-09-01 0 days 2,003 sqft
    2019-10-01 0 days 2,009 sqft
    2019-11-01 0 days 2,021 sqft
    2019-12-01 0 days 2,050 sqft
    2020-01-01 0 days 2,036 sqft
    2020-02-01 0 days 2,049 sqft
    2020-03-01 0 days 2,022 sqft
    2020-04-01 0 days 2,033 sqft
    2020-05-01 0 days 2,049 sqft
    2020-06-01 0 days 2,022 sqft
    2020-07-01 0 days 2,027 sqft
    2020-08-01 0 days 2,080 sqft
    2020-09-01 0 days 2,038 sqft
    2020-10-01 0 days 2,087 sqft
    2020-11-01 0 days 2,086 sqft
    2020-12-01 0 days 2,087 sqft
    2021-01-01 0 days 2,021 sqft
    2021-02-01 0 days 1,959 sqft
    2021-03-01 0 days 2,009 sqft
    2021-04-01 0 days 2,025 sqft
    2021-05-01 0 days 2,043 sqft
    2021-06-01 0 days 2,065 sqft
    2021-07-01 0 days 2,022 sqft
    2021-08-01 0 days 2,013 sqft
    2021-09-01 0 days 2,013 sqft
    2021-10-01 0 days 1,977 sqft
    2021-11-01 0 days 1,983 sqft
    2021-12-01 0 days 1,997 sqft
    2022-01-01 0 days 1,990 sqft
    2022-02-01 0 days 1,985 sqft
    2022-03-01 0 days 2,006 sqft
    2022-04-01 0 days 2,074 sqft
    2022-05-01 0 days 2,022 sqft
    2022-06-01 0 days 2,022 sqft
    2022-07-01 0 days 2,017 sqft
    2022-08-01 0 days 2,003 sqft
    2022-09-01 0 days 1,991 sqft
    2022-10-01 0 days 1,999 sqft
    2022-11-01 0 days 1,999 sqft
    2022-12-01 0 days 2,009 sqft
    2023-01-01 0 days 2,019 sqft
    2023-02-01 0 days 2,008 sqft
    2023-03-01 0 days 2,022 sqft
    2023-04-01 0 days 2,022 sqft
    2023-05-01 0 days 2,012 sqft
    2023-06-01 0 days 2,022 sqft
    2023-07-01 0 days 2,029 sqft
    2023-08-01 0 days 1,975 sqft
    2023-09-01 0 days 1,977 sqft
    2023-10-01 0 days 1,998 sqft
    2023-11-01 0 days 2,046 sqft
    2023-12-01 0 days 2,053 sqft
    2024-01-01 0 days 2,057 sqft
    2024-02-01 0 days 2,074 sqft
    2024-03-01 0 days 2,057 sqft
    2024-04-01 0 days 2,057 sqft
    2024-05-01 0 days 2,057 sqft
    2024-06-01 0 days 2,087 sqft
    2024-07-01 0 days 2,074 sqft
    2024-08-01 0 days 2,096 sqft
    2024-09-01 0 days 2,057 sqft
    2024-10-01 0 days 2,019 sqft
    2024-11-01 0 days 2,017 sqft
    2024-12-01 0 days 2,002 sqft
    2025-01-01 0 days 2,008 sqft
    2025-02-01 0 days 2,028 sqft
    2025-03-01 0 days 2,045 sqft
    Pahrump's median listing age (time on market) for 2025-03-01 was 0 days.

    Pahrump's median square footage for active listings during the 2025-03-01 period was 2,045 sqft. One year prior, the average listing was 2,057 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).