San Antonio FHA Loan Rates, Closing Costs & Stats
SAN ANTONIO-NEW BRAUNFELS, 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.
San Antonio's 225 lenders originated 8,644 FHA loans during 2022. The total origination value was $2,484,600,000, with an average FHA loan value of $287,436.
San Antonio FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in San Antonio
averaged
6%
for the week of 2023-05-26, compared to the national average (all FHA variants) of
6.612% for the same period.
San Antonio's average FHA mortgage closing costs are $8,453.
The average rate for the prior week (2023-05-19) was
6.18% and
one month ago for the week of 2023-04-21, the
average rate was 6.12%.
The average rate one year ago was 4.84%.
For refis of the same type during the week of 2023-05-26, the average rate
was 5.06%.
San Antonio 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 San Antonio level.
The top San Antonio FHA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with
794 FHA loans originated. Their average total fees are
$9,998, which is $466
higher than the next largest lender,
EAGLE HOME MORTGAGE, LLC.
The lowest fee San Antonio FHA lenders (with over 10 loans originated) are
VILLAGE CAPITAL MORTGAGE ($3,899), Bank of America ($4,664), LAKEVIEW LOAN SERVICING, LLC ($5,201), Mr. Cooper ( Nationstar Mortgage ) ($5,560) and Lakeview Community Capital, LLC ($5,674).
The lowest rate San Antonio FHA lenders (with over 10 loans originated) are
LAKEVIEW LOAN SERVICING, LLC (3.32%), Lakeview Community Capital, LLC (3.32%), VILLAGE CAPITAL MORTGAGE (3.49%), Mr. Cooper ( Nationstar Mortgage ) (3.81%) and PENNYMAC LOAN SERVICES, LLC (3.97%).
San Antonio FHA Loan Limits
| Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
|---|---|---|---|---|---|---|
| SAN ANTONIO-NEW BRAUNFELS, TX | ATASCOSA | 2022 | $449,650 | $575,600 | $695,800 | $864,700 |
| SAN ANTONIO-NEW BRAUNFELS, TX | BANDERA | 2022 | $449,650 | $575,600 | $695,800 | $864,700 |
| SAN ANTONIO-NEW BRAUNFELS, TX | BEXAR | 2022 | $449,650 | $575,600 | $695,800 | $864,700 |
| SAN ANTONIO-NEW BRAUNFELS, TX | COMAL | 2022 | $449,650 | $575,600 | $695,800 | $864,700 |
| SAN ANTONIO-NEW BRAUNFELS, TX | GUADALUPE | 2022 | $449,650 | $575,600 | $695,800 | $864,700 |
| SAN ANTONIO-NEW BRAUNFELS, TX | KENDALL | 2022 | $449,650 | $575,600 | $695,800 | $864,700 |
| SAN ANTONIO-NEW BRAUNFELS, TX | MEDINA | 2022 | $449,650 | $575,600 | $695,800 | $864,700 |
| SAN ANTONIO-NEW BRAUNFELS, TX | WILSON | 2022 | $449,650 | $575,600 | $695,800 | $864,700 |
| SAN ANTONIO-NEW BRAUNFELS, TX | ATASCOSA | 2023 | $524,400 | $671,300 | $811,450 | $1,008,450 |
| SAN ANTONIO-NEW BRAUNFELS, TX | BANDERA | 2023 | $524,400 | $671,300 | $811,450 | $1,008,450 |
| SAN ANTONIO-NEW BRAUNFELS, TX | BEXAR | 2023 | $524,400 | $671,300 | $811,450 | $1,008,450 |
| SAN ANTONIO-NEW BRAUNFELS, TX | COMAL | 2023 | $524,400 | $671,300 | $811,450 | $1,008,450 |
| SAN ANTONIO-NEW BRAUNFELS, TX | GUADALUPE | 2023 | $524,400 | $671,300 | $811,450 | $1,008,450 |
| SAN ANTONIO-NEW BRAUNFELS, TX | KENDALL | 2023 | $524,400 | $671,300 | $811,450 | $1,008,450 |
| SAN ANTONIO-NEW BRAUNFELS, TX | MEDINA | 2023 | $524,400 | $671,300 | $811,450 | $1,008,450 |
| SAN ANTONIO-NEW BRAUNFELS, TX | WILSON | 2023 | $524,400 | $671,300 | $811,450 | $1,008,450 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - San Antonio (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 | $283,925 (-0.2%) | $373,914 (0.4%) | 1.05 | 7,238 |
| 2018-02-01 | $284,985 (-1.0%) | $375,278 (-0.3%) | 1.04 | 7,291 |
| 2018-03-01 | $291,000 (-0.3%) | $381,195 (-0.1%) | 1.02 | 7,397 |
| 2018-04-01 | $299,000 (1.5%) | $385,291 (-1.6%) | 1.01 | 7,438 |
| 2018-05-01 | $299,700 (1.6%) | $388,679 (-0.9%) | 1.00 | 7,778 |
| 2018-06-01 | $299,500 (1.2%) | $390,288 (-0.7%) | 1.00 | 8,254 |
| 2018-07-01 | $295,000 (0.9%) | $387,039 (-0.3%) | 0.99 | 8,612 |
| 2018-08-01 | $291,088 (1.8%) | $382,619 (0.5%) | 0.98 | 8,889 |
| 2018-09-01 | $287,000 (1.4%) | $379,425 (0.7%) | 0.96 | 8,706 |
| 2018-10-01 | $285,443 (1.9%) | $378,347 (1.5%) | 0.97 | 8,695 |
| 2018-11-01 | $285,000 (1.8%) | $373,154 (0.2%) | 0.97 | 8,639 |
| 2018-12-01 | $285,000 (1.4%) | $372,951 (0.3%) | 0.98 | 8,408 |
| 2019-01-01 | $285,000 (0.4%) | $371,088 (-0.8%) | 0.98 | 7,936 |
| 2019-02-01 | $285,700 (0.3%) | $370,065 (-1.4%) | 0.97 | 7,992 |
| 2019-03-01 | $289,990 (-0.4%) | $376,690 (-1.2%) | 0.97 | 8,384 |
| 2019-04-01 | $295,683 (-1.1%) | $385,290 (0.0%) | 0.94 | 8,583 |
| 2019-05-01 | $295,650 (-1.4%) | $389,556 (0.2%) | 0.92 | 8,859 |
| 2019-06-01 | $295,000 (-1.5%) | $389,973 (-0.1%) | 0.92 | 9,183 |
| 2019-07-01 | $293,500 (-0.5%) | $388,073 (0.3%) | 0.92 | 9,411 |
| 2019-08-01 | $294,500 (1.2%) | $390,063 (2.0%) | 0.92 | 9,726 |
| 2019-09-01 | $288,241 (0.4%) | $382,033 (0.7%) | 0.91 | 9,668 |
| 2019-10-01 | $282,495 (-1.0%) | $371,662 (-1.8%) | 0.91 | 9,505 |
| 2019-11-01 | $279,900 (-1.8%) | $366,360 (-1.8%) | 0.92 | 9,351 |
| 2019-12-01 | $278,950 (-2.1%) | $363,202 (-2.6%) | 0.93 | 9,140 |
| 2020-01-01 | $279,000 (-2.1%) | $362,794 (-2.2%) | 0.93 | 8,633 |
| 2020-02-01 | $282,990 (-1.0%) | $372,755 (0.7%) | 0.93 | 8,433 |
| 2020-03-01 | $289,450 (-0.2%) | $379,804 (0.8%) | 0.91 | 8,166 |
| 2020-04-01 | $289,000 (-2.3%) | $374,778 (-2.7%) | 0.91 | 8,354 |
| 2020-05-01 | $295,000 (-0.2%) | $390,470 (0.2%) | 0.90 | 8,014 |
| 2020-06-01 | $302,500 (2.5%) | $404,860 (3.8%) | 0.89 | 7,066 |
| 2020-07-01 | $308,969 (5.3%) | $412,226 (6.2%) | 0.90 | 6,640 |
| 2020-08-01 | $300,935 (2.2%) | $410,884 (5.3%) | 0.86 | 6,265 |
| 2020-09-01 | $299,353 (3.9%) | $411,417 (7.7%) | 0.86 | 6,032 |
| 2020-10-01 | $295,653 (4.7%) | $407,998 (9.8%) | 0.85 | 5,803 |
| 2020-11-01 | $293,715 (4.9%) | $405,434 (10.7%) | 0.86 | 5,516 |
| 2020-12-01 | $290,000 (4.0%) | $399,390 (10.0%) | 0.86 | 5,056 |
| 2021-01-01 | $289,990 (3.9%) | $403,959 (11.4%) | 0.87 | 4,325 |
| 2021-02-01 | $296,450 (4.8%) | $421,354 (13.0%) | 0.86 | 3,574 |
| 2021-03-01 | $298,500 (3.1%) | $431,181 (13.5%) | 0.85 | 2,961 |
| 2021-04-01 | $303,575 (5.0%) | $449,336 (19.9%) | 0.82 | 2,613 |
| 2021-05-01 | $309,499 (4.9%) | $450,027 (15.3%) | 0.82 | 2,705 |
| 2021-06-01 | $315,000 (4.1%) | $457,061 (12.9%) | 0.83 | 3,155 |
| 2021-07-01 | $325,000 (5.2%) | $465,419 (12.9%) | 0.86 | 3,713 |
| 2021-08-01 | $336,450 (11.8%) | $455,191 (10.8%) | 0.90 | 4,457 |
| 2021-09-01 | $330,000 (10.2%) | $448,322 (9.0%) | 0.88 | 4,582 |
| 2021-10-01 | $334,000 (13.0%) | $454,673 (11.4%) | 0.89 | 4,441 |
| 2021-11-01 | $332,317 (13.1%) | $458,890 (13.2%) | 0.89 | 4,185 |
| 2021-12-01 | $338,354 (16.7%) | $463,819 (16.1%) | 0.92 | 3,932 |
| 2022-01-01 | $339,925 (17.2%) | $466,829 (15.6%) | 0.92 | 3,554 |
| 2022-02-01 | $336,720 (13.6%) | $466,261 (10.7%) | 0.88 | 2,910 |
| 2022-03-01 | $345,562 (15.8%) | $475,814 (10.4%) | 0.87 | 2,678 |
| 2022-04-01 | $360,000 (18.6%) | $490,768 (9.2%) | 0.86 | 2,882 |
| 2022-05-01 | $379,500 (22.6%) | $503,242 (11.8%) | 0.87 | 3,789 |
| 2022-06-01 | $382,641 (21.5%) | $509,210 (11.4%) | 0.85 | 4,616 |
| 2022-07-01 | $375,245 (15.5%) | $493,773 (6.1%) | 0.85 | 6,055 |
| 2022-08-01 | $363,000 (7.9%) | $480,837 (5.6%) | 0.84 | 7,214 |
| 2022-09-01 | $359,950 (9.1%) | $473,348 (5.6%) | 0.84 | 7,511 |
| 2022-10-01 | $356,000 (6.6%) | $470,008 (3.4%) | 0.84 | 8,012 |
| 2022-11-01 | $350,000 (5.3%) | $459,386 (0.1%) | 0.84 | 8,253 |
| 2022-12-01 | $349,000 (3.2%) | $458,150 (-1.2%) | 0.86 | 7,844 |
| 2023-01-01 | $345,850 (1.7%) | $456,458 (-2.2%) | 0.86 | 7,345 |
| 2023-02-01 | $340,000 (1.0%) | $453,879 (-2.7%) | 0.82 | 7,288 |
| 2023-03-01 | $346,750 (0.3%) | $468,499 (-1.5%) | 0.82 | 6,992 |
| 2023-04-01 | $353,950 (-1.7%) | $484,669 (-1.2%) | 0.82 | 6,866 |
San Antonio's median listing price comes in at 82% of the national average.
San Antonio's average listing price for 2023-04-01 was $484,669, a difference of $-6,099 (-1.2%) versus the prior year and $16,170 versus the prior month.
For the 2023-04-01 period, San Antonio had 6,866 MLS listings, a difference of -126 listings (-2%) versus the prior month and 3,984 listings (138%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - San Antonio (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 78 days | 2,336 sqft |
| 2018-02-01 | 72 days | 2,352 sqft |
| 2018-03-01 | 57 days | 2,380 sqft |
| 2018-04-01 | 53 days | 2,408 sqft |
| 2018-05-01 | 53 days | 2,419 sqft |
| 2018-06-01 | 52 days | 2,407 sqft |
| 2018-07-01 | 55 days | 2,391 sqft |
| 2018-08-01 | 59 days | 2,380 sqft |
| 2018-09-01 | 63 days | 2,356 sqft |
| 2018-10-01 | 65 days | 2,336 sqft |
| 2018-11-01 | 67 days | 2,311 sqft |
| 2018-12-01 | 72 days | 2,303 sqft |
| 2019-01-01 | 76 days | 2,289 sqft |
| 2019-02-01 | 71 days | 2,299 sqft |
| 2019-03-01 | 55 days | 2,309 sqft |
| 2019-04-01 | 52 days | 2,329 sqft |
| 2019-05-01 | 52 days | 2,327 sqft |
| 2019-06-01 | 54 days | 2,323 sqft |
| 2019-07-01 | 55 days | 2,323 sqft |
| 2019-08-01 | 62 days | 2,323 sqft |
| 2019-09-01 | 71 days | 2,284 sqft |
| 2019-10-01 | 61 days | 2,241 sqft |
| 2019-11-01 | 61 days | 2,235 sqft |
| 2019-12-01 | 69 days | 2,196 sqft |
| 2020-01-01 | 75 days | 2,186 sqft |
| 2020-02-01 | 72 days | 2,195 sqft |
| 2020-03-01 | 65 days | 2,225 sqft |
| 2020-04-01 | 64 days | 2,221 sqft |
| 2020-05-01 | 67 days | 2,241 sqft |
| 2020-06-01 | 71 days | 2,245 sqft |
| 2020-07-01 | 59 days | 2,242 sqft |
| 2020-08-01 | 56 days | 2,240 sqft |
| 2020-09-01 | 57 days | 2,186 sqft |
| 2020-10-01 | 58 days | 2,149 sqft |
| 2020-11-01 | 57 days | 2,104 sqft |
| 2020-12-01 | 61 days | 2,064 sqft |
| 2021-01-01 | 63 days | 2,030 sqft |
| 2021-02-01 | 50 days | 1,980 sqft |
| 2021-03-01 | 48 days | 1,961 sqft |
| 2021-04-01 | 40 days | 1,996 sqft |
| 2021-05-01 | 36 days | 1,995 sqft |
| 2021-06-01 | 32 days | 2,014 sqft |
| 2021-07-01 | 34 days | 2,042 sqft |
| 2021-08-01 | 33 days | 2,084 sqft |
| 2021-09-01 | 39 days | 2,029 sqft |
| 2021-10-01 | 44 days | 2,000 sqft |
| 2021-11-01 | 45 days | 1,994 sqft |
| 2021-12-01 | 50 days | 1,991 sqft |
| 2022-01-01 | 54 days | 1,966 sqft |
| 2022-02-01 | 43 days | 1,913 sqft |
| 2022-03-01 | 38 days | 1,920 sqft |
| 2022-04-01 | 33 days | 1,979 sqft |
| 2022-05-01 | 30 days | 2,042 sqft |
| 2022-06-01 | 31 days | 2,057 sqft |
| 2022-07-01 | 31 days | 2,052 sqft |
| 2022-08-01 | 39 days | 2,031 sqft |
| 2022-09-01 | 48 days | 2,029 sqft |
| 2022-10-01 | 53 days | 2,023 sqft |
| 2022-11-01 | 57 days | 2,014 sqft |
| 2022-12-01 | 68 days | 2,000 sqft |
| 2023-01-01 | 80 days | 1,994 sqft |
| 2023-02-01 | 70 days | 1,945 sqft |
| 2023-03-01 | 57 days | 1,938 sqft |
| 2023-04-01 | 56 days | 1,978 sqft |
San Antonio's median square footage for active listings during the 2023-04-01 period was 1,978 sqft. One year prior, the average listing was 1,979 sqft.