Valdosta FHA Loan Rates, Closing Costs & Stats

VALDOSTA, GA

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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.

    Valdosta's 69 lenders originated 457 FHA loans during 2024. The total origination value was $96,685,000, with an average FHA loan value of $211,565.

    Valdosta FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Valdosta averaged 5.94% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

    Valdosta's average FHA mortgage closing costs are $7,664.

    The average rate for the prior week (2025-03-28) was 6.34% and one month ago for the week of 2025-02-28, the average rate was 6.02%.

    The average rate one year ago was 6.44%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.16%.

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

    Valdosta 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 Valdosta level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Ameris Bank 52 6.30% $9,859
    QUICKEN LOANS, LLC 38 6.32% $9,895
    BANKSOUTH MORTGAGE COMPANY, LLC 35 6.29% $11,533
    DHI MORTGAGE COMPANY, LTD. 32 5.07% $7,316
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 31 6.72% $10,392
    UNITED WHOLESALE MORTGAGE, LLC 26 6.08% $11,011
    FREEDOM MORTGAGE CORPORATION 14 6.23% $11,823
    Flagstar Bank, FSB 11 6.34% $9,790
    Colony Bank 11 6.61% $8,698
    STOCKTON MORTGAGE CORPORATION 11 6.48% $5,761
    BROKER SOLUTIONS, INC. 9 7.00% $9,722
    Synovus Bank 7 6.07% $9,380
    CROSSCOUNTRY MORTGAGE, LLC 7 6.71% $12,499
    PENNYMAC LOAN SERVICES, LLC 6 6.08% $9,463
    LOANDEPOT.COM, LLC 5 6.30% $9,514
    Equity Prime Mortgage LLC 5 6.90% $8,405
    Renasant Bank 5 5.73% $9,805
    CARDINAL FINANCIAL 5 6.40% $10,237
    AMERICAN FINANCING CORPORATION 4 6.38% $9,733
    GUILD MORTGAGE COMPANY 4 6.94% $11,305
    Mortgage Research Center, LLC 4 6.69% $6,275
    Mr. Cooper ( Nationstar Mortgage ) 4 6.25% $9,076
    ENDEAVOR CAPITAL, LLC. 3 6.38% $9,336
    ACOPIA, LLC 3 6.67% $11,976
    CANOPY MORTGAGE, LLC 3 6.16% $11,697
    LOANPAL, LLC 3 5.96% $11,537
    LAKEVIEW LOAN SERVICING, LLC 3 6.66% $9,002
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.00% $11,449
    EMM LOANS LLC 2 6.31% $11,628
    JPMorgan Chase Bank 2 6.88% $4,906
    SOUTHPOINT FINANCIAL SERVICES, INC. 2 6.50% $10,341
    RELIANCE FIRST CAPITAL, LLC 2 6.75% $14,488
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 7.19% $7,248
    HOMESIDE FINANCIAL, LLC 2 6.63% $12,483
    Prosperity Home Mortgage, LLC 2 6.13% $8,272
    FIRST COMMUNITY MORTGAGE, INC. 2 7.62% $7,689
    AMERICAN FINANCIAL NETWORK, INC. 2 6.44% $5,516
    NEWREZ LLC 2 6.50% $5,334
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.50% $14,980
    VILLAGE CAPITAL MORTGAGE 1 6.75% $2,268
    Alcova Mortgage LLC 1 5.75% $7,546
    AmeriHome Mortgage Company, LLC 1 6.99% $6,596
    AMERISAVE MORTGAGE CORPORATION 1 6.50% $14,053
    Bank of America 1 6.50% $8,074
    Bank of England 1 6.25% $10,932
    CALCON MUTUAL MORTGAGE LLC 1 7.63% $11,422
    CHURCHILL MORTGAGE CORPORATION 1 7.00% $7,992
    CMG MORTGAGE, INC. 1 7.63% $10,847
    DAS Acquisition Company, LLC 1 6.00% $6,843
    Encompass Lending Group, LP 1 7.38% $12,981
    EVERETT FINANCIAL, INC. 1 7.00% $13,165
    First Federal Bank 1 6.00% $6,980
    GMFS LLC 1 5.63% $4,882
    Ixonia Bank 1 6.63% $10,150
    LIBERTY HOME MORTGAGE CORPORATION 1 7.13% $11,775
    MILEND, INC. 1 6.38% $16,918
    MORTGAGE INVESTORS GROUP, INC. 1 7.63% $10,361
    NATIONS DIRECT MORTGAGE, LLC 1 6.75% $5,530
    Nations Lending Corporation 1 7.25% $3,875
    NATIONS RELIABLE LENDING, LLC 1 6.87% $6,507
    OCMBC, INC. 1 6.75% $8,935
    OPEN MORTGAGE, LLC 1 6.88% $12,839
    PLAZA HOME MORTGAGE, INC. 1 7.63% $7,288
    PREMIA MORTGAGE, LLC 1 6.18% $8,103
    Regions Bank 1 5.75% $10,007
    SOUTHWEST STAGE FUNDING, LLC 1 6.88% $7,893
    SUN WEST MORTGAGE COMPANY, INC. 1 6.13% $7,956
    Truist 1 6.40% $10,894
    VERITAS FUNDING, LLC 1 6.63% $14,638

    The top Valdosta FHA lender as defined by loan originations is Ameris Bank, with 52 FHA loans originated. Their average total fees are $9,859, which is $35 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Valdosta FHA lenders (with over 10 loans originated) are STOCKTON MORTGAGE CORPORATION ($5,761), DHI MORTGAGE COMPANY, LTD. ($7,316), Colony Bank ($8,698), Flagstar Bank, FSB ($9,790) and Ameris Bank ($9,859).

    The lowest rate Valdosta FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.07%), UNITED WHOLESALE MORTGAGE, LLC (6.08%), FREEDOM MORTGAGE CORPORATION (6.23%), BANKSOUTH MORTGAGE COMPANY, LLC (6.29%) and Ameris Bank (6.30%).

    Valdosta FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    VALDOSTA, GA BROOKS 2022 $420,680 $538,650 $651,050 $809,150
    VALDOSTA, GA ECHOLS 2022 $420,680 $538,650 $651,050 $809,150
    VALDOSTA, GA LANIER 2022 $420,680 $538,650 $651,050 $809,150
    VALDOSTA, GA LOWNDES 2022 $420,680 $538,650 $651,050 $809,150
    VALDOSTA, GA BROOKS 2023 $472,030 $604,400 $730,525 $907,900
    VALDOSTA, GA ECHOLS 2023 $472,030 $604,400 $730,525 $907,900
    VALDOSTA, GA LANIER 2023 $472,030 $604,400 $730,525 $907,900
    VALDOSTA, GA LOWNDES 2023 $472,030 $604,400 $730,525 $907,900

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Valdosta (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 $159,900 (6.7%) $203,002 (9.5%) 0.00 669
    2018-02-01 $158,200 (3.0%) $202,377 (6.7%) 0.00 685
    2018-03-01 $159,900 (3.2%) $204,030 (6.3%) 0.00 665
    2018-04-01 $163,600 (3.6%) $205,081 (3.4%) 0.00 661
    2018-05-01 $167,450 (4.7%) $209,098 (4.8%) 0.00 651
    2018-06-01 $169,900 (6.3%) $213,191 (5.5%) 0.00 623
    2018-07-01 $168,950 (5.7%) $209,505 (1.9%) 0.00 638
    2018-08-01 $168,950 (5.7%) $212,035 (3.7%) 0.00 612
    2018-09-01 $167,500 (4.8%) $204,587 (1.2%) 0.00 626
    2018-10-01 $165,650 (3.6%) $202,358 (-1.2%) 0.00 630
    2018-11-01 $164,900 (3.1%) $204,794 (2.2%) 0.00 634
    2018-12-01 $164,500 (2.9%) $207,027 (2.2%) 0.00 594
    2019-01-01 $167,650 (4.9%) $211,159 (4.0%) 0.00 563
    2019-02-01 $169,900 (7.4%) $217,309 (7.4%) 0.00 565
    2019-03-01 $172,043 (7.6%) $216,754 (6.2%) 0.00 564
    2019-04-01 $174,443 (6.6%) $216,657 (5.6%) 0.00 564
    2019-05-01 $172,400 (3.0%) $215,484 (3.1%) 0.00 568
    2019-06-01 $162,700 (-4.2%) $215,044 (0.9%) 0.00 567
    2019-07-01 $163,450 (-3.3%) $215,668 (2.9%) 0.00 600
    2019-08-01 $166,264 (-1.6%) $225,990 (6.6%) 0.00 617
    2019-09-01 $168,309 (0.5%) $238,150 (16.4%) 0.00 613
    2019-10-01 $169,900 (2.6%) $246,470 (21.8%) 0.00 611
    2019-11-01 $172,900 (4.9%) $246,505 (20.4%) 0.00 606
    2019-12-01 $179,950 (9.4%) $249,152 (20.4%) 0.00 594
    2020-01-01 $180,000 (7.4%) $246,835 (16.9%) 0.00 566
    2020-02-01 $179,900 (5.9%) $250,706 (15.4%) 0.00 538
    2020-03-01 $179,900 (4.6%) $254,060 (17.2%) 0.00 507
    2020-04-01 $179,900 (3.1%) $233,579 (7.8%) 0.00 520
    2020-05-01 $179,900 (4.4%) $238,281 (10.6%) 0.00 473
    2020-06-01 $189,350 (16.4%) $244,040 (13.5%) 0.00 407
    2020-07-01 $192,200 (17.6%) $255,408 (18.4%) 0.00 382
    2020-08-01 $199,900 (20.2%) $261,491 (15.7%) 0.00 368
    2020-09-01 $199,900 (18.8%) $253,348 (6.4%) 0.00 355
    2020-10-01 $209,000 (23.0%) $261,247 (6.0%) 0.00 315
    2020-11-01 $209,900 (21.4%) $262,317 (6.4%) 0.00 264
    2020-12-01 $204,900 (13.9%) $265,157 (6.4%) 0.00 260
    2021-01-01 $204,900 (13.8%) $267,697 (8.5%) 0.00 242
    2021-02-01 $204,925 (13.9%) $275,296 (9.8%) 0.00 227
    2021-03-01 $224,925 (25.0%) $272,139 (7.1%) 0.00 211
    2021-04-01 $231,950 (28.9%) $280,691 (20.2%) 0.00 198
    2021-05-01 $235,500 (30.9%) $284,671 (19.5%) 0.00 213
    2021-06-01 $229,300 (21.1%) $273,032 (11.9%) 0.00 241
    2021-07-01 $229,900 (19.6%) $284,335 (11.3%) 0.00 253
    2021-08-01 $233,675 (16.9%) $287,384 (9.9%) 0.00 267
    2021-09-01 $217,450 (8.8%) $270,294 (6.7%) 0.00 267
    2021-10-01 $219,900 (5.2%) $279,558 (7.0%) 0.00 244
    2021-11-01 $224,900 (7.2%) $280,094 (6.8%) 0.00 244
    2021-12-01 $229,900 (12.2%) $282,628 (6.6%) 0.00 232
    2022-01-01 $249,900 (22.0%) $307,805 (15.0%) 0.00 217
    2022-02-01 $277,425 (35.4%) $338,702 (23.0%) 0.00 191
    2022-03-01 $279,900 (24.4%) $348,850 (28.2%) 0.00 169
    2022-04-01 $265,000 (14.3%) $358,648 (27.8%) 0.00 162
    2022-05-01 $265,825 (12.9%) $334,837 (17.6%) 0.00 199
    2022-06-01 $269,950 (17.7%) $325,697 (19.3%) 0.00 257
    2022-07-01 $282,450 (22.9%) $332,124 (16.8%) 0.00 286
    2022-08-01 $271,425 (16.2%) $318,305 (10.8%) 0.00 277
    2022-09-01 $262,475 (20.7%) $315,764 (16.8%) 0.00 281
    2022-10-01 $266,450 (21.2%) $313,911 (12.3%) 0.00 311
    2022-11-01 $274,950 (22.3%) $319,941 (14.2%) 0.00 308
    2022-12-01 $270,000 (17.4%) $324,861 (14.9%) 0.00 278
    2023-01-01 $276,917 (10.8%) $336,091 (9.2%) 0.00 246
    2023-02-01 $279,900 (0.9%) $336,781 (-0.6%) 0.00 241
    2023-03-01 $279,900 (0.0%) $333,029 (-4.5%) 0.00 243
    2023-04-01 $289,900 (9.4%) $352,993 (-1.6%) 0.00 259
    2023-05-01 $285,475 (7.4%) $347,308 (3.7%) 0.00 280
    2023-06-01 $280,675 (4.0%) $344,835 (5.9%) 0.00 295
    2023-07-01 $289,900 (2.6%) $346,924 (4.5%) 0.00 300
    2023-08-01 $289,900 (6.8%) $347,253 (9.1%) 0.00 313
    2023-09-01 $289,995 (10.5%) $349,348 (10.6%) 0.00 333
    2023-10-01 $294,725 (10.6%) $352,160 (12.2%) 0.00 327
    2023-11-01 $292,500 (6.4%) $353,229 (10.4%) 0.00 331
    2023-12-01 $295,000 (9.3%) $348,960 (7.4%) 0.00 324
    2024-01-01 $299,900 (8.3%) $353,788 (5.3%) 0.00 316
    2024-02-01 $293,500 (4.9%) $354,390 (5.2%) 0.00 326
    2024-03-01 $294,900 (5.4%) $348,619 (4.7%) 0.00 322
    2024-04-01 $297,300 (2.6%) $349,105 (-1.1%) 0.00 337
    2024-05-01 $296,950 (4.0%) $353,158 (1.7%) 0.00 365
    2024-06-01 $287,000 (2.3%) $340,357 (-1.3%) 0.00 406
    2024-07-01 $279,900 (-3.5%) $330,800 (-4.7%) 0.00 456
    2024-08-01 $289,900 (0.0%) $328,952 (-5.3%) 0.00 462
    2024-09-01 $286,000 (-1.4%) $326,831 (-6.5%) 0.00 460
    2024-10-01 $282,288 (-4.2%) $327,485 (-7.0%) 0.00 401
    2024-11-01 $280,000 (-4.3%) $331,422 (-6.2%) 0.00 372
    2024-12-01 $279,950 (-5.1%) $330,339 (-5.3%) 0.00 348
    2025-01-01 $279,925 (-6.7%) $325,521 (-8.0%) 0.00 335
    2025-02-01 $279,325 (-4.8%) $336,816 (-5.0%) 0.00 332
    2025-03-01 $280,000 (-5.1%) $339,439 (-2.6%) 0.00 318
    Valdosta's median listing price for 2025-03-01 was $280,000, a difference of $-14,900 (-5.1%) versus the prior year and $675 versus the prior month.

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

    Valdosta's average listing price for 2025-03-01 was $339,439, a difference of $-9,180 (-2.6%) versus the prior year and $2,623 versus the prior month.

    For the 2025-03-01 period, Valdosta had 318 MLS listings, a difference of -14 listings (-4%) versus the prior month and -4 listings (-1%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Valdosta (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,850 sqft
    2018-02-01 0 days 1,860 sqft
    2018-03-01 0 days 1,861 sqft
    2018-04-01 0 days 1,848 sqft
    2018-05-01 0 days 1,872 sqft
    2018-06-01 0 days 1,905 sqft
    2018-07-01 0 days 1,882 sqft
    2018-08-01 0 days 1,865 sqft
    2018-09-01 0 days 1,863 sqft
    2018-10-01 0 days 1,847 sqft
    2018-11-01 0 days 1,835 sqft
    2018-12-01 0 days 1,834 sqft
    2019-01-01 0 days 1,836 sqft
    2019-02-01 0 days 1,872 sqft
    2019-03-01 0 days 1,885 sqft
    2019-04-01 0 days 1,895 sqft
    2019-05-01 0 days 1,876 sqft
    2019-06-01 0 days 1,815 sqft
    2019-07-01 0 days 1,830 sqft
    2019-08-01 0 days 1,874 sqft
    2019-09-01 0 days 1,867 sqft
    2019-10-01 0 days 1,863 sqft
    2019-11-01 0 days 1,877 sqft
    2019-12-01 0 days 1,893 sqft
    2020-01-01 0 days 1,877 sqft
    2020-02-01 0 days 1,903 sqft
    2020-03-01 0 days 1,906 sqft
    2020-04-01 0 days 1,924 sqft
    2020-05-01 0 days 1,923 sqft
    2020-06-01 0 days 1,996 sqft
    2020-07-01 0 days 2,003 sqft
    2020-08-01 0 days 1,995 sqft
    2020-09-01 0 days 1,954 sqft
    2020-10-01 0 days 1,988 sqft
    2020-11-01 0 days 1,959 sqft
    2020-12-01 0 days 1,901 sqft
    2021-01-01 0 days 1,937 sqft
    2021-02-01 0 days 1,937 sqft
    2021-03-01 0 days 1,956 sqft
    2021-04-01 0 days 1,952 sqft
    2021-05-01 0 days 1,983 sqft
    2021-06-01 0 days 1,938 sqft
    2021-07-01 0 days 1,950 sqft
    2021-08-01 0 days 1,955 sqft
    2021-09-01 0 days 1,914 sqft
    2021-10-01 0 days 1,945 sqft
    2021-11-01 0 days 1,943 sqft
    2021-12-01 0 days 1,943 sqft
    2022-01-01 0 days 1,950 sqft
    2022-02-01 0 days 2,000 sqft
    2022-03-01 0 days 2,044 sqft
    2022-04-01 0 days 2,045 sqft
    2022-05-01 0 days 1,973 sqft
    2022-06-01 0 days 1,997 sqft
    2022-07-01 0 days 2,006 sqft
    2022-08-01 0 days 1,971 sqft
    2022-09-01 0 days 1,909 sqft
    2022-10-01 0 days 1,915 sqft
    2022-11-01 0 days 1,941 sqft
    2022-12-01 0 days 2,000 sqft
    2023-01-01 0 days 1,988 sqft
    2023-02-01 0 days 2,000 sqft
    2023-03-01 0 days 1,951 sqft
    2023-04-01 0 days 1,963 sqft
    2023-05-01 0 days 1,935 sqft
    2023-06-01 0 days 1,939 sqft
    2023-07-01 0 days 1,925 sqft
    2023-08-01 0 days 1,913 sqft
    2023-09-01 0 days 1,936 sqft
    2023-10-01 0 days 1,960 sqft
    2023-11-01 0 days 1,927 sqft
    2023-12-01 0 days 1,923 sqft
    2024-01-01 0 days 1,940 sqft
    2024-02-01 0 days 1,925 sqft
    2024-03-01 0 days 1,940 sqft
    2024-04-01 0 days 1,919 sqft
    2024-05-01 0 days 1,858 sqft
    2024-06-01 0 days 1,851 sqft
    2024-07-01 0 days 1,858 sqft
    2024-08-01 0 days 1,892 sqft
    2024-09-01 0 days 1,868 sqft
    2024-10-01 0 days 1,886 sqft
    2024-11-01 0 days 1,867 sqft
    2024-12-01 0 days 1,862 sqft
    2025-01-01 0 days 1,847 sqft
    2025-02-01 0 days 1,841 sqft
    2025-03-01 0 days 1,850 sqft
    Valdosta's median listing age (time on market) for 2025-03-01 was 0 days.

    Valdosta's median square footage for active listings during the 2025-03-01 period was 1,850 sqft. One year prior, the average listing was 1,940 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).