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 237 lenders originated 9,740 FHA loans during 2023. The total origination value was $2,683,810,000, with an average FHA loan value of $275,545.
San Antonio FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in San Antonio
averaged
6.46%
for the week of 2024-04-19, compared to the national average (all FHA variants) of
6.855% for the same period.
San Antonio's average FHA mortgage closing costs are $8,954.
The average rate for the prior week (2024-04-12) was
6.15% and
one month ago for the week of 2024-03-15, the
average rate was 5.92%.
The average rate one year ago was 5.95%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.69%.
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 EAGLE HOME MORTGAGE, LLC, with
1,744 FHA loans originated. Their average total fees are
$9,061, which is $1,068
lower than the next largest lender,
DHI MORTGAGE COMPANY, LTD..
The lowest fee San Antonio FHA lenders (with over 10 loans originated) are
Wallick & Volk, Inc. ($7,893), PULTE MORTGAGE LLC ($7,948), DIRECTIONS EQUITY, LLC ($8,302), Mortgage Research Center, LLC ($8,349) and SWBC MORTGAGE CORPORATION ($8,866).
The lowest rate San Antonio FHA lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC (4.68%), DHI MORTGAGE COMPANY, LTD. (5.22%), INSPIRE HOME LOANS INC. (5.47%), PULTE MORTGAGE LLC (5.48%) and VELOCIO MORTGAGE L.L.C. (5.48%).
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%) | $373,893 (0.4%) | 1.05 | 7,238 |
| 2018-02-01 | $284,990 (-0.9%) | $375,261 (-0.3%) | 1.03 | 7,293 |
| 2018-03-01 | $291,000 (-0.3%) | $381,155 (-0.1%) | 1.02 | 7,398 |
| 2018-04-01 | $299,000 (1.5%) | $385,285 (-1.6%) | 1.01 | 7,440 |
| 2018-05-01 | $299,700 (1.6%) | $388,670 (-0.9%) | 1.00 | 7,780 |
| 2018-06-01 | $299,500 (1.2%) | $390,279 (-0.7%) | 1.00 | 8,256 |
| 2018-07-01 | $295,000 (0.9%) | $387,041 (-0.3%) | 0.99 | 8,613 |
| 2018-08-01 | $291,175 (1.9%) | $382,621 (0.5%) | 0.98 | 8,890 |
| 2018-09-01 | $287,000 (1.4%) | $379,427 (0.7%) | 0.96 | 8,707 |
| 2018-10-01 | $285,450 (2.0%) | $378,349 (1.5%) | 0.97 | 8,696 |
| 2018-11-01 | $285,000 (1.8%) | $373,157 (0.2%) | 0.97 | 8,640 |
| 2018-12-01 | $285,000 (1.4%) | $372,954 (0.3%) | 0.98 | 8,409 |
| 2019-01-01 | $285,000 (0.4%) | $371,097 (-0.8%) | 0.98 | 7,936 |
| 2019-02-01 | $285,725 (0.3%) | $370,081 (-1.4%) | 0.97 | 7,991 |
| 2019-03-01 | $291,667 (0.2%) | $377,466 (-1.0%) | 0.95 | 8,153 |
| 2019-04-01 | $295,500 (-1.2%) | $385,260 (0.0%) | 0.94 | 8,579 |
| 2019-05-01 | $295,750 (-1.3%) | $389,326 (0.2%) | 0.92 | 8,858 |
| 2019-06-01 | $295,000 (-1.5%) | $390,060 (-0.1%) | 0.92 | 9,185 |
| 2019-07-01 | $293,545 (-0.5%) | $388,137 (0.3%) | 0.92 | 9,414 |
| 2019-08-01 | $288,356 (-1.0%) | $383,644 (0.3%) | 0.91 | 9,458 |
| 2019-09-01 | $285,906 (-0.4%) | $378,601 (-0.2%) | 0.92 | 9,447 |
| 2019-10-01 | $283,094 (-0.8%) | $373,228 (-1.4%) | 0.91 | 9,486 |
| 2019-11-01 | $279,900 (-1.8%) | $366,401 (-1.8%) | 0.92 | 9,351 |
| 2019-12-01 | $278,968 (-2.1%) | $363,231 (-2.6%) | 0.93 | 9,142 |
| 2020-01-01 | $279,000 (-2.1%) | $362,811 (-2.2%) | 0.93 | 8,634 |
| 2020-02-01 | $282,990 (-1.0%) | $372,849 (0.8%) | 0.93 | 8,434 |
| 2020-03-01 | $289,450 (-0.8%) | $379,917 (0.7%) | 0.91 | 8,167 |
| 2020-04-01 | $289,000 (-2.2%) | $374,888 (-2.7%) | 0.91 | 8,355 |
| 2020-05-01 | $295,000 (-0.3%) | $390,695 (0.4%) | 0.90 | 8,017 |
| 2020-06-01 | $302,500 (2.5%) | $405,102 (3.9%) | 0.89 | 7,069 |
| 2020-07-01 | $309,000 (5.3%) | $412,499 (6.3%) | 0.90 | 6,644 |
| 2020-08-01 | $301,240 (4.5%) | $411,176 (7.2%) | 0.86 | 6,268 |
| 2020-09-01 | $299,363 (4.7%) | $411,720 (8.8%) | 0.86 | 6,034 |
| 2020-10-01 | $295,750 (4.5%) | $408,274 (9.4%) | 0.85 | 5,805 |
| 2020-11-01 | $293,876 (5.0%) | $405,761 (10.7%) | 0.86 | 5,518 |
| 2020-12-01 | $290,000 (4.0%) | $399,560 (10.0%) | 0.86 | 5,057 |
| 2021-01-01 | $289,000 (3.6%) | $403,900 (11.3%) | 0.86 | 4,326 |
| 2021-02-01 | $295,809 (4.5%) | $417,883 (12.1%) | 0.86 | 3,575 |
| 2021-03-01 | $298,675 (3.2%) | $430,492 (13.3%) | 0.85 | 2,962 |
| 2021-04-01 | $303,447 (5.0%) | $448,010 (19.5%) | 0.82 | 2,613 |
| 2021-05-01 | $308,750 (4.7%) | $450,113 (15.2%) | 0.82 | 2,706 |
| 2021-06-01 | $315,000 (4.1%) | $457,145 (12.9%) | 0.83 | 3,156 |
| 2021-07-01 | $325,108 (5.2%) | $465,195 (12.8%) | 0.86 | 3,713 |
| 2021-08-01 | $335,975 (11.5%) | $454,679 (10.6%) | 0.90 | 4,457 |
| 2021-09-01 | $330,000 (10.2%) | $447,809 (8.8%) | 0.88 | 4,582 |
| 2021-10-01 | $332,225 (12.3%) | $454,224 (11.3%) | 0.89 | 4,441 |
| 2021-11-01 | $332,085 (13.0%) | $458,562 (13.0%) | 0.89 | 4,185 |
| 2021-12-01 | $337,989 (16.6%) | $463,542 (16.0%) | 0.92 | 3,932 |
| 2022-01-01 | $339,542 (17.5%) | $465,737 (15.3%) | 0.92 | 3,555 |
| 2022-02-01 | $335,819 (13.5%) | $464,621 (11.2%) | 0.87 | 2,910 |
| 2022-03-01 | $344,500 (15.3%) | $475,034 (10.4%) | 0.86 | 2,678 |
| 2022-04-01 | $360,000 (18.6%) | $489,887 (9.4%) | 0.86 | 2,880 |
| 2022-05-01 | $379,485 (22.9%) | $502,817 (11.7%) | 0.87 | 3,789 |
| 2022-06-01 | $382,400 (21.4%) | $508,372 (11.2%) | 0.85 | 4,617 |
| 2022-07-01 | $379,900 (16.9%) | $496,466 (6.7%) | 0.86 | 6,056 |
| 2022-08-01 | $362,950 (8.0%) | $480,397 (5.7%) | 0.84 | 7,214 |
| 2022-09-01 | $359,950 (9.1%) | $473,079 (5.6%) | 0.84 | 7,512 |
| 2022-10-01 | $354,900 (6.8%) | $468,567 (3.2%) | 0.84 | 8,012 |
| 2022-11-01 | $349,995 (5.4%) | $458,801 (0.1%) | 0.84 | 8,254 |
| 2022-12-01 | $349,000 (3.3%) | $457,210 (-1.4%) | 0.86 | 7,846 |
| 2023-01-01 | $347,000 (2.2%) | $456,456 (-2.0%) | 0.86 | 7,346 |
| 2023-02-01 | $340,000 (1.3%) | $453,131 (-2.5%) | 0.82 | 7,288 |
| 2023-03-01 | $346,495 (0.6%) | $467,376 (-1.6%) | 0.82 | 6,992 |
| 2023-04-01 | $351,490 (-2.4%) | $483,163 (-1.4%) | 0.82 | 6,864 |
| 2023-05-01 | $357,496 (-5.8%) | $484,041 (-3.7%) | 0.81 | 7,331 |
| 2023-06-01 | $367,250 (-4.0%) | $494,881 (-2.7%) | 0.83 | 7,652 |
| 2023-07-01 | $365,000 (-3.9%) | $490,870 (-1.1%) | 0.83 | 8,144 |
| 2023-08-01 | $357,000 (-1.6%) | $483,118 (0.6%) | 0.82 | 8,539 |
| 2023-09-01 | $349,900 (-2.8%) | $471,184 (-0.4%) | 0.81 | 9,344 |
| 2023-10-01 | $347,000 (-2.2%) | $464,768 (-0.8%) | 0.82 | 9,659 |
| 2023-11-01 | $339,900 (-2.9%) | $453,308 (-1.2%) | 0.81 | 9,881 |
| 2023-12-01 | $335,500 (-3.9%) | $449,572 (-1.7%) | 0.82 | 9,487 |
| 2024-01-01 | $335,525 (-3.3%) | $450,918 (-1.2%) | 0.82 | 9,139 |
| 2024-02-01 | $334,900 (-1.5%) | $448,895 (-0.9%) | 0.81 | 9,229 |
| 2024-03-01 | $339,900 (-1.9%) | $451,556 (-3.4%) | 0.80 | 9,567 |
San Antonio's median listing price comes in at 80% of the national average.
San Antonio's average listing price for 2024-03-01 was $451,556, a difference of $-15,820 (-3.4%) versus the prior year and $2,661 versus the prior month.
For the 2024-03-01 period, San Antonio had 9,567 MLS listings, a difference of 338 listings (4%) versus the prior month and 2,575 listings (37%) 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 | 73 days | 2,336 sqft |
| 2018-02-01 | 67 days | 2,352 sqft |
| 2018-03-01 | 53 days | 2,380 sqft |
| 2018-04-01 | 50 days | 2,409 sqft |
| 2018-05-01 | 50 days | 2,420 sqft |
| 2018-06-01 | 50 days | 2,408 sqft |
| 2018-07-01 | 52 days | 2,391 sqft |
| 2018-08-01 | 56 days | 2,379 sqft |
| 2018-09-01 | 59 days | 2,356 sqft |
| 2018-10-01 | 62 days | 2,336 sqft |
| 2018-11-01 | 64 days | 2,311 sqft |
| 2018-12-01 | 70 days | 2,303 sqft |
| 2019-01-01 | 72 days | 2,289 sqft |
| 2019-02-01 | 66 days | 2,301 sqft |
| 2019-03-01 | 57 days | 2,318 sqft |
| 2019-04-01 | 51 days | 2,329 sqft |
| 2019-05-01 | 50 days | 2,328 sqft |
| 2019-06-01 | 52 days | 2,323 sqft |
| 2019-07-01 | 53 days | 2,323 sqft |
| 2019-08-01 | 55 days | 2,296 sqft |
| 2019-09-01 | 57 days | 2,265 sqft |
| 2019-10-01 | 59 days | 2,241 sqft |
| 2019-11-01 | 59 days | 2,235 sqft |
| 2019-12-01 | 67 days | 2,196 sqft |
| 2020-01-01 | 73 days | 2,184 sqft |
| 2020-02-01 | 68 days | 2,195 sqft |
| 2020-03-01 | 61 days | 2,225 sqft |
| 2020-04-01 | 61 days | 2,221 sqft |
| 2020-05-01 | 64 days | 2,241 sqft |
| 2020-06-01 | 66 days | 2,245 sqft |
| 2020-07-01 | 55 days | 2,242 sqft |
| 2020-08-01 | 51 days | 2,240 sqft |
| 2020-09-01 | 53 days | 2,186 sqft |
| 2020-10-01 | 54 days | 2,149 sqft |
| 2020-11-01 | 53 days | 2,105 sqft |
| 2020-12-01 | 58 days | 2,065 sqft |
| 2021-01-01 | 60 days | 2,021 sqft |
| 2021-02-01 | 46 days | 1,980 sqft |
| 2021-03-01 | 45 days | 1,960 sqft |
| 2021-04-01 | 37 days | 1,991 sqft |
| 2021-05-01 | 33 days | 1,995 sqft |
| 2021-06-01 | 31 days | 2,014 sqft |
| 2021-07-01 | 32 days | 2,042 sqft |
| 2021-08-01 | 32 days | 2,085 sqft |
| 2021-09-01 | 38 days | 2,029 sqft |
| 2021-10-01 | 43 days | 1,998 sqft |
| 2021-11-01 | 44 days | 1,994 sqft |
| 2021-12-01 | 48 days | 1,991 sqft |
| 2022-01-01 | 53 days | 1,964 sqft |
| 2022-02-01 | 41 days | 1,909 sqft |
| 2022-03-01 | 36 days | 1,919 sqft |
| 2022-04-01 | 32 days | 1,980 sqft |
| 2022-05-01 | 30 days | 2,039 sqft |
| 2022-06-01 | 30 days | 2,057 sqft |
| 2022-07-01 | 31 days | 2,055 sqft |
| 2022-08-01 | 39 days | 2,031 sqft |
| 2022-09-01 | 47 days | 2,028 sqft |
| 2022-10-01 | 52 days | 2,021 sqft |
| 2022-11-01 | 56 days | 2,015 sqft |
| 2022-12-01 | 67 days | 2,002 sqft |
| 2023-01-01 | 79 days | 1,996 sqft |
| 2023-02-01 | 67 days | 1,943 sqft |
| 2023-03-01 | 55 days | 1,935 sqft |
| 2023-04-01 | 53 days | 1,978 sqft |
| 2023-05-01 | 46 days | 1,983 sqft |
| 2023-06-01 | 47 days | 2,019 sqft |
| 2023-07-01 | 50 days | 2,034 sqft |
| 2023-08-01 | 51 days | 2,016 sqft |
| 2023-09-01 | 51 days | 1,970 sqft |
| 2023-10-01 | 56 days | 1,961 sqft |
| 2023-11-01 | 59 days | 1,949 sqft |
| 2023-12-01 | 68 days | 1,937 sqft |
| 2024-01-01 | 76 days | 1,922 sqft |
| 2024-02-01 | 68 days | 1,910 sqft |
| 2024-03-01 | 57 days | 1,914 sqft |
San Antonio's median square footage for active listings during the 2024-03-01 period was 1,914 sqft. One year prior, the average listing was 1,935 sqft.