Sebring FHA Loan Rates, Closing Costs & Stats

SEBRING-AVON PARK, FL

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Loan Limits
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Sebring's 83 lenders originated 466 FHA loans during 2024. The total origination value was $108,880,000, with an average FHA loan value of $233,648.

    Sebring FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Sebring averaged 6.9% for the week of 2025-04-11, compared to the national average (all FHA variants) of 6.429% for the same period.

    Sebring's average FHA mortgage closing costs are $8,160.

    The average rate for the prior week (2025-04-04) was 6.42% and one month ago for the week of 2025-03-07, the average rate was 6.79%.

    The average rate one year ago was 7.04%.

    For refis of the same type during the week of 2025-04-11, the average rate was 6%.

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

    Sebring 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 Sebring level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 51 6.27% $11,325
    LEADERONE FINANCIAL CORPORATION 41 6.54% $10,493
    QUICKEN LOANS, LLC 41 6.39% $11,466
    NFM, INC. 16 6.45% $11,373
    FREEDOM MORTGAGE CORPORATION 16 6.59% $9,449
    NEWREZ LLC 12 6.18% $13,273
    LOANDEPOT.COM, LLC 12 6.46% $10,039
    METROPLEX MORTGAGE SERVICES, INC. 11 6.47% $11,659
    CROSSCOUNTRY MORTGAGE, LLC 11 6.38% $12,022
    Plains Commerce Bank 10 6.44% $12,498
    Bell Bank 10 6.54% $9,020
    INSPIRE HOME LOANS INC. 9 5.00% $9,355
    HOME SOLUTION LENDERS INC. 7 6.12% $22,265
    FBC MORTGAGE, LLC 7 6.16% $17,662
    Presidential Bank, FSB 6 6.69% $12,144
    BROKER SOLUTIONS, INC. 6 7.00% $11,897
    HOMESIDE FINANCIAL, LLC 6 6.75% $10,500
    GARDNER FINANCIAL SERVICES, LTD. 5 7.20% $11,389
    PENNYMAC LOAN SERVICES, LLC 5 6.05% $9,663
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.13% $12,939
    AMERICAN FINANCIAL NETWORK, INC. 4 6.59% $10,249
    PREFERRED LENDING SERVICES, LLC 4 6.59% $12,966
    VILLAGE CAPITAL MORTGAGE 4 6.22% $6,919
    Paramount Residential Mortgage Group, Inc. 4 5.66% $13,945
    TOWNE MORTGAGE COMPANY 4 6.19% $11,827
    Equity Prime Mortgage LLC 4 6.88% $9,292
    Flagstar Bank, FSB 4 6.47% $10,723
    PLANET HOME LENDING, LLC 3 6.42% $11,586
    CMG MORTGAGE, INC. 3 6.17% $12,701
    Carrington Mortgage Services, LLC 3 6.04% $10,946
    GENEVA FINANCIAL, LLC 3 7.21% $10,268
    ALKAN MORTGAGE CORPORATION 3 6.79% $14,277
    Lakeview Community Capital, LLC 3 6.58% $9,663
    SUN WEST MORTGAGE COMPANY, INC. 2 6.44% $17,804
    AMERICAN FINANCIAL RESOURCES, INC. 2 7.56% $7,162
    AmeriHome Mortgage Company, LLC 2 6.19% $13,860
    AMERISAVE MORTGAGE CORPORATION 2 6.25% $17,032
    Ameris Bank 2 5.69% $10,246
    GUILD MORTGAGE COMPANY 2 7.19% $11,396
    Keystone Funding, Inc. 2 6.38% $11,151
    LOANPAL, LLC 2 5.44% $10,642
    MID AMERICA MORTGAGE, INC. 2 6.88% $10,479
    Midwest Mortgage Associates Corporation 2 6.88% $7,782
    MOVEMENT MORTGAGE, LLC 2 6.63% $13,277
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.94% $9,003
    Northpointe Bank 2 6.50% $11,684
    STOCKTON MORTGAGE CORPORATION 2 7.00% $11,126
    The Loan Store, Inc. 2 5.56% $12,659
    ALLIED MORTGAGE GROUP, INC. 1 5.75% $9,876
    Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $10,125
    M&T Bank 1 6.25% $12,280
    US MORTGAGE CORPORATION 1 6.50% $13,307
    MY MORTGAGE, INC. 1 6.50% $10,613
    NATIONS DIRECT MORTGAGE, LLC 1 6.25% $6,319
    First Federal Bank, A FSB 1 6.25% $14,738
    Encompass Lending Group, LP 1 6.25% $9,651
    VAN DYK MORTGAGE CORPORATION 1 6.50% $5,962
    OCMBC, INC. 1 6.75% $5,590
    OPEN MORTGAGE, LLC 1 6.88% $14,278
    Century Mortgage Company DBA Century Lending Company 1 5.99% $11,347
    CASTLE & COOKE MORTGAGE, LLC 1 6.49% $12,656
    CARDINAL FINANCIAL 1 5.99% $14,686
    BECKAM FUNDING CORP. 1 7.13% $13,011
    POINT Mortgage 1 6.75% $15,208
    BAY CAPITAL MORTGAGE CORPORATION 1 6.25% $11,237
    Barrington Bank & Trust Company, N.A. 1 6.75% $7,537
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.13% $12,051
    Regions Bank 1 6.50% $8,534
    RELIANCE FIRST CAPITAL, LLC 1 5.38% $11,485
    SFMC, LP 1 7.13% $11,132
    Sierra Pacific Mortgage Company, Inc. 1 6.75% $10,555
    A&D Mortgage LLC 1 6.50% $14,451
    Acre Mortgage and Financial Inc 1 7.75% $12,303
    Texana Bank 1 5.75% $35,008
    Waterstone Mortgage Corporation 1 6.50% $13,562
    LADERA LENDING, INC. 1 6.63% $8,864
    Ixonia Bank 1 7.13% $21,269
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.88% $6,688
    THE MORTGAGE FIRM, INC. 1 5.88% $8,331
    Loan Simple, Inc. 1 7.75% $21,100
    GERSHMAN INVESTMENT CORP. 1 6.75% $8,057
    TOP FLITE FINANCIAL, INC. 1 6.75% $9,308
    AMERICAN FINANCING CORPORATION 1 6.13% $15,559

    The top Sebring FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 51 FHA loans originated. Their average total fees are $11,325, which is $832 higher than the next largest lender, LEADERONE FINANCIAL CORPORATION.

    The lowest fee Sebring FHA lenders (with over 10 loans originated) are Bell Bank ($9,020), FREEDOM MORTGAGE CORPORATION ($9,449), LOANDEPOT.COM, LLC ($10,039), LEADERONE FINANCIAL CORPORATION ($10,493) and UNITED WHOLESALE MORTGAGE, LLC ($11,325).

    The lowest rate Sebring FHA lenders (with over 10 loans originated) are NEWREZ LLC (6.18%), UNITED WHOLESALE MORTGAGE, LLC (6.27%), CROSSCOUNTRY MORTGAGE, LLC (6.38%), QUICKEN LOANS, LLC (6.39%) and Plains Commerce Bank (6.44%).

    Sebring FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    SEBRING-AVON PARK, FL HIGHLANDS 2022 $420,680 $538,650 $651,050 $809,150
    SEBRING-AVON PARK, FL HIGHLANDS 2023 $472,030 $604,400 $730,525 $907,900

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Sebring (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 $174,900 (1.7%) $206,309 (-5.4%) 0.00 550
    2018-02-01 $179,450 (2.6%) $214,871 (-2.6%) 0.00 562
    2018-03-01 $179,000 (2.6%) $217,322 (-0.9%) 0.00 537
    2018-04-01 $175,675 (0.4%) $218,815 (-1.8%) 0.00 533
    2018-05-01 $179,000 (2.3%) $223,195 (-0.2%) 0.00 512
    2018-06-01 $186,500 (4.3%) $231,946 (2.6%) 0.00 497
    2018-07-01 $193,350 (13.8%) $240,071 (9.0%) 0.00 504
    2018-08-01 $188,500 (11.6%) $232,906 (8.2%) 0.00 523
    2018-09-01 $185,000 (5.8%) $222,439 (2.4%) 0.00 564
    2018-10-01 $179,950 (5.3%) $221,921 (3.1%) 0.00 577
    2018-11-01 $184,950 (5.8%) $233,047 (9.2%) 0.00 595
    2018-12-01 $186,000 (9.5%) $238,600 (15.9%) 0.00 660
    2019-01-01 $185,450 (6.0%) $238,202 (15.5%) 0.00 653
    2019-02-01 $184,950 (3.1%) $240,888 (12.1%) 0.00 683
    2019-03-01 $184,943 (3.3%) $237,751 (9.4%) 0.00 670
    2019-04-01 $186,000 (5.9%) $237,401 (8.5%) 0.00 631
    2019-05-01 $185,000 (3.4%) $235,440 (5.5%) 0.00 605
    2019-06-01 $189,000 (1.3%) $233,407 (0.6%) 0.00 534
    2019-07-01 $186,225 (-3.7%) $231,363 (-3.6%) 0.00 520
    2019-08-01 $185,427 (-1.6%) $230,851 (-0.9%) 0.00 525
    2019-09-01 $182,318 (-1.5%) $231,209 (3.9%) 0.00 528
    2019-10-01 $179,900 (0.0%) $231,339 (4.2%) 0.00 538
    2019-11-01 $184,900 (0.0%) $230,672 (-1.0%) 0.00 542
    2019-12-01 $189,900 (2.1%) $239,071 (0.2%) 0.00 543
    2020-01-01 $194,222 (4.7%) $244,578 (2.7%) 0.00 515
    2020-02-01 $191,947 (3.8%) $237,999 (-1.2%) 0.00 536
    2020-03-01 $194,800 (5.3%) $238,282 (0.2%) 0.00 545
    2020-04-01 $185,000 (-0.5%) $228,486 (-3.8%) 0.00 532
    2020-05-01 $184,997 (0.0%) $228,835 (-2.8%) 0.00 470
    2020-06-01 $181,475 (-4.0%) $227,980 (-2.3%) 0.00 430
    2020-07-01 $186,975 (0.4%) $224,238 (-3.1%) 0.00 375
    2020-08-01 $194,900 (5.1%) $233,648 (1.2%) 0.00 339
    2020-09-01 $197,725 (8.5%) $240,907 (4.2%) 0.00 308
    2020-10-01 $185,450 (3.1%) $236,656 (2.3%) 0.00 294
    2020-11-01 $198,250 (7.2%) $242,762 (5.2%) 0.00 286
    2020-12-01 $198,450 (4.5%) $247,079 (3.4%) 0.00 293
    2021-01-01 $195,000 (0.4%) $255,166 (4.3%) 0.00 304
    2021-02-01 $199,900 (4.1%) $255,159 (7.2%) 0.00 288
    2021-03-01 $216,950 (11.4%) $267,155 (12.1%) 0.00 262
    2021-04-01 $208,675 (12.8%) $285,775 (25.1%) 0.00 208
    2021-05-01 $224,999 (21.6%) $296,262 (29.5%) 0.00 196
    2021-06-01 $224,950 (24.0%) $4,361,155 (1,813.0%) 0.00 196
    2021-07-01 $234,900 (25.6%) $3,852,989 (1,618.3%) 0.00 237
    2021-08-01 $249,900 (28.2%) $319,419 (36.7%) 0.00 256
    2021-09-01 $252,450 (27.7%) $319,617 (32.7%) 0.00 246
    2021-10-01 $249,900 (34.8%) $316,764 (33.9%) 0.00 260
    2021-11-01 $269,900 (36.1%) $334,904 (38.0%) 0.00 241
    2021-12-01 $264,950 (33.5%) $339,649 (37.5%) 0.00 233
    2022-01-01 $269,990 (38.5%) $344,225 (34.9%) 0.00 222
    2022-02-01 $276,175 (38.2%) $363,365 (42.4%) 0.00 212
    2022-03-01 $284,950 (31.3%) $391,410 (46.5%) 0.00 210
    2022-04-01 $279,900 (34.1%) $371,756 (30.1%) 0.00 254
    2022-05-01 $287,000 (27.6%) $374,768 (26.5%) 0.00 281
    2022-06-01 $292,159 (29.9%) $363,349 (-91.7%) 0.00 310
    2022-07-01 $289,634 (23.3%) $359,049 (-90.7%) 0.00 366
    2022-08-01 $297,250 (19.0%) $356,682 (11.7%) 0.00 382
    2022-09-01 $298,555 (18.3%) $349,527 (9.4%) 0.00 402
    2022-10-01 $299,000 (19.7%) $360,139 (13.7%) 0.00 391
    2022-11-01 $291,220 (7.9%) $360,931 (7.8%) 0.00 412
    2022-12-01 $283,900 (7.2%) $354,804 (4.5%) 0.00 447
    2023-01-01 $283,569 (5.0%) $359,836 (4.5%) 0.00 482
    2023-02-01 $286,750 (3.8%) $356,494 (-1.9%) 0.00 498
    2023-03-01 $289,050 (1.4%) $358,818 (-8.3%) 0.00 484
    2023-04-01 $295,000 (5.4%) $365,202 (-1.8%) 0.00 491
    2023-05-01 $299,900 (4.5%) $359,759 (-4.0%) 0.00 492
    2023-06-01 $300,512 (2.9%) $356,202 (-2.0%) 0.00 474
    2023-07-01 $300,000 (3.6%) $362,398 (0.9%) 0.00 468
    2023-08-01 $309,632 (4.2%) $361,068 (1.2%) 0.00 468
    2023-09-01 $299,900 (0.5%) $353,406 (1.1%) 0.00 499
    2023-10-01 $317,000 (6.0%) $372,480 (3.4%) 0.00 530
    2023-11-01 $320,000 (9.9%) $388,704 (7.7%) 0.00 562
    2023-12-01 $325,000 (14.5%) $379,121 (6.9%) 0.00 623
    2024-01-01 $329,900 (16.3%) $379,332 (5.4%) 0.00 646
    2024-02-01 $322,450 (12.5%) $367,910 (3.2%) 0.00 691
    2024-03-01 $314,700 (8.9%) $360,355 (0.4%) 0.00 669
    2024-04-01 $311,450 (5.6%) $361,085 (-1.1%) 0.00 677
    2024-05-01 $302,475 (0.9%) $355,171 (-1.3%) 0.00 701
    2024-06-01 $310,000 (3.2%) $359,938 (1.1%) 0.00 673
    2024-07-01 $312,475 (4.2%) $360,361 (-0.6%) 0.00 683
    2024-08-01 $315,000 (1.7%) $365,247 (1.2%) 0.00 716
    2024-09-01 $312,400 (4.2%) $361,505 (2.3%) 0.00 730
    2024-10-01 $314,945 (-0.7%) $362,656 (-2.6%) 0.00 698
    2024-11-01 $314,900 (-1.6%) $362,195 (-6.8%) 0.00 743
    2024-12-01 $307,500 (-5.4%) $364,633 (-3.8%) 0.00 783
    2025-01-01 $304,925 (-7.6%) $361,132 (-4.8%) 0.00 787
    2025-02-01 $306,450 (-5.0%) $354,142 (-3.7%) 0.00 836
    2025-03-01 $304,900 (-3.1%) $365,583 (1.5%) 0.00 854
    Sebring's median listing price for 2025-03-01 was $304,900, a difference of $-9,800 (-3.1%) versus the prior year and $-1,550 versus the prior month.

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

    Sebring's average listing price for 2025-03-01 was $365,583, a difference of $5,228 (1.5%) versus the prior year and $11,441 versus the prior month.

    For the 2025-03-01 period, Sebring had 854 MLS listings, a difference of 18 listings (2%) versus the prior month and 185 listings (28%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sebring (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,241 sqft
    2018-02-01 0 days 2,272 sqft
    2018-03-01 0 days 2,248 sqft
    2018-04-01 0 days 2,236 sqft
    2018-05-01 0 days 2,229 sqft
    2018-06-01 0 days 2,244 sqft
    2018-07-01 0 days 2,253 sqft
    2018-08-01 0 days 2,238 sqft
    2018-09-01 0 days 2,204 sqft
    2018-10-01 0 days 2,226 sqft
    2018-11-01 0 days 2,233 sqft
    2018-12-01 0 days 1,640 sqft
    2019-01-01 0 days 1,644 sqft
    2019-02-01 0 days 1,648 sqft
    2019-03-01 0 days 1,651 sqft
    2019-04-01 0 days 1,655 sqft
    2019-05-01 0 days 1,623 sqft
    2019-06-01 0 days 1,644 sqft
    2019-07-01 0 days 1,638 sqft
    2019-08-01 0 days 1,641 sqft
    2019-09-01 0 days 1,636 sqft
    2019-10-01 0 days 1,631 sqft
    2019-11-01 0 days 1,623 sqft
    2019-12-01 0 days 1,652 sqft
    2020-01-01 0 days 1,676 sqft
    2020-02-01 0 days 1,653 sqft
    2020-03-01 0 days 1,638 sqft
    2020-04-01 0 days 1,595 sqft
    2020-05-01 0 days 1,596 sqft
    2020-06-01 0 days 1,574 sqft
    2020-07-01 0 days 1,608 sqft
    2020-08-01 0 days 1,568 sqft
    2020-09-01 0 days 1,578 sqft
    2020-10-01 0 days 1,574 sqft
    2020-11-01 0 days 1,571 sqft
    2020-12-01 0 days 1,571 sqft
    2021-01-01 0 days 1,569 sqft
    2021-02-01 0 days 1,572 sqft
    2021-03-01 0 days 1,619 sqft
    2021-04-01 0 days 1,601 sqft
    2021-05-01 0 days 1,600 sqft
    2021-06-01 0 days 1,593 sqft
    2021-07-01 0 days 1,636 sqft
    2021-08-01 0 days 1,649 sqft
    2021-09-01 0 days 1,642 sqft
    2021-10-01 0 days 1,592 sqft
    2021-11-01 0 days 1,641 sqft
    2021-12-01 0 days 1,623 sqft
    2022-01-01 0 days 1,642 sqft
    2022-02-01 0 days 1,618 sqft
    2022-03-01 0 days 1,622 sqft
    2022-04-01 0 days 1,591 sqft
    2022-05-01 0 days 1,551 sqft
    2022-06-01 0 days 1,570 sqft
    2022-07-01 0 days 1,525 sqft
    2022-08-01 0 days 1,560 sqft
    2022-09-01 0 days 1,585 sqft
    2022-10-01 0 days 1,583 sqft
    2022-11-01 0 days 1,580 sqft
    2022-12-01 0 days 1,543 sqft
    2023-01-01 0 days 1,534 sqft
    2023-02-01 0 days 1,538 sqft
    2023-03-01 0 days 1,539 sqft
    2023-04-01 0 days 1,553 sqft
    2023-05-01 0 days 1,567 sqft
    2023-06-01 0 days 1,569 sqft
    2023-07-01 0 days 1,569 sqft
    2023-08-01 0 days 1,611 sqft
    2023-09-01 0 days 1,634 sqft
    2023-10-01 0 days 1,653 sqft
    2023-11-01 0 days 1,668 sqft
    2023-12-01 0 days 1,665 sqft
    2024-01-01 0 days 1,666 sqft
    2024-02-01 0 days 1,643 sqft
    2024-03-01 0 days 1,620 sqft
    2024-04-01 0 days 1,611 sqft
    2024-05-01 0 days 1,594 sqft
    2024-06-01 0 days 1,588 sqft
    2024-07-01 0 days 1,580 sqft
    2024-08-01 0 days 1,594 sqft
    2024-09-01 0 days 1,598 sqft
    2024-10-01 0 days 1,611 sqft
    2024-11-01 0 days 1,593 sqft
    2024-12-01 0 days 1,580 sqft
    2025-01-01 0 days 1,573 sqft
    2025-02-01 0 days 1,574 sqft
    2025-03-01 0 days 1,600 sqft
    Sebring's median listing age (time on market) for 2025-03-01 was 0 days.

    Sebring's median square footage for active listings during the 2025-03-01 period was 1,600 sqft. One year prior, the average listing was 1,620 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).