Visalia FHA Loan Rates, Closing Costs & Stats

VISALIA, CA

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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.

    Visalia's 92 lenders originated 1,565 FHA loans during 2024. The total origination value was $529,785,000, with an average FHA loan value of $338,521.

    Visalia FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Visalia averaged -0.22% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

    Visalia's average FHA mortgage closing costs are $10,121.

    The average rate for the prior week (2025-06-13) was 6.46% and one month ago for the week of 2025-05-16, the average rate was 6.42%.

    The average rate one year ago was 6.78%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.1%.

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

    Visalia 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 Visalia level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 163 6.06% $14,631
    Golden Empire Mortgage, Inc. 155 6.13% $16,066
    DHI MORTGAGE COMPANY, LTD. 150 5.25% $10,621
    Commerce Home Mortgage, Inc. 112 6.23% $13,860
    QUICKEN LOANS, LLC 82 6.22% $13,714
    Century Mortgage Company DBA Century Lending Company 53 6.25% $15,571
    INSPIRE HOME LOANS INC. 53 5.26% $11,232
    ALAMEDA MORTGAGE CORPORATION 48 6.42% $16,344
    Pacific Lending LLC 43 6.37% $16,211
    FREEDOM MORTGAGE CORPORATION 37 6.46% $12,981
    Sierra Pacific Mortgage Company, Inc. 33 6.08% $18,787
    NEWREZ LLC 26 6.08% $13,612
    PENNYMAC LOAN SERVICES, LLC 25 5.96% $11,544
    AMERICAN PACIFIC MORTGAGE CORPORATION 24 6.44% $12,860
    EAGLE HOME MORTGAGE, LLC 21 5.82% $18,513
    LOANDEPOT.COM, LLC 21 6.19% $15,581
    ALTITUDE FINANCIAL CORPORATION 16 6.41% $11,047
    PLANET HOME LENDING, LLC 16 6.47% $14,941
    CLM MORTGAGE, INC 15 5.96% $13,032
    MLD MORTGAGE INC. 12 6.53% $12,801
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 12 6.59% $12,816
    OCMBC, INC. 11 6.41% $14,873
    FBC MORTGAGE, LLC 11 5.95% $13,763
    PLAZA HOME MORTGAGE, INC. 11 6.24% $16,111
    Performance Financial, Inc. 10 6.40% $13,155
    GUILD MORTGAGE COMPANY 10 6.69% $14,637
    Equity Prime Mortgage LLC 9 7.10% $14,477
    Mr. Cooper ( Nationstar Mortgage ) 9 6.72% $11,222
    LOANPAL, LLC 9 6.18% $12,060
    BROKER SOLUTIONS, INC. 9 6.61% $10,974
    CROSSCOUNTRY MORTGAGE, LLC 8 6.05% $14,450
    Paramount Residential Mortgage Group, Inc. 6 6.64% $14,958
    AMERISAVE MORTGAGE CORPORATION 6 6.71% $15,103
    AMERICAN FINANCIAL NETWORK, INC. 6 5.88% $13,936
    HOMEBRIDGE FINANCIAL SERVICES, INC. 6 6.17% $10,259
    COASTAL FUNDING SLC, INC. 6 6.44% $11,912
    The Loan Store, Inc. 5 6.17% $13,383
    Lakeview Community Capital, LLC 5 6.25% $8,256
    PRIMARY RESIDENTIAL MORTGAGE, INC. 5 6.13% $6,615
    CMG MORTGAGE, INC. 4 6.19% $16,227
    Carrington Mortgage Services, LLC 4 6.25% $18,653
    SUN WEST MORTGAGE COMPANY, INC. 4 6.84% $16,107
    MASON MCDUFFIE MORTGAGE CORPORATION 4 6.72% $11,608
    VILLAGE CAPITAL MORTGAGE 4 6.44% $5,600
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 6.50% $11,651
    EVERETT FINANCIAL, INC. 3 6.46% $16,099
    INTELLILOAN, INC. 3 6.21% $4,876
    LAKEVIEW LOAN SERVICING, LLC 3 6.17% $10,701
    MUTUAL OF OMAHA MORTGAGE, INC. 3 6.42% $19,286
    OPEN MORTGAGE, LLC 2 7.25% $15,336
    City Lending Inc. 2 7.63% $18,718
    DIGNIFIED HOME LOANS, LLC 2 6.50% $14,744
    PANORAMA MORTGAGE GROUP, LLC 2 6.50% $15,872
    TOP FLITE FINANCIAL, INC. 2 6.63% $22,442
    Hometown Equity Mortgage, LLC 2 6.63% $8,888
    LADERA LENDING, INC. 2 6.44% $10,320
    HOMEOWNERS FINANCIAL GROUP USA, LLC 2 6.81% $16,760
    AmeriHome Mortgage Company, LLC 2 6.38% $6,746
    ROYAL UNITED MORTGAGE LLC 2 6.88% $7,761
    ZILLOW HOME LOANS, LLC 1 6.00% $13,476
    AMERICAN FINANCING CORPORATION 1 5.63% $10,748
    BAY-VALLEY MORTGAGE GROUP 1 7.13% $15,222
    CARDINAL FINANCIAL 1 6.75% $20,677
    CASTLE & COOKE MORTGAGE, LLC 1 6.75% $14,972
    ENVOY MORTGAGE, LTD 1 6.13% $18,409
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $18,079
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 4.88% $20,516
    FIRST COMMUNITY MORTGAGE, INC. 1 5.50% $12,028
    Flagstar Bank, FSB 1 6.22% $11,213
    GEO-CORP, INC. 1 6.88% $21,594
    GUARANTEED RATE, INC. 1 6.75% $14,248
    Home Mortgage Alliance Corp 1 6.88% $7,413
    JMAC LENDING, INC. 1 7.13% $9,150
    ML Mortgage Corp. 1 6.25% $14,939
    Mortgage Research Center, LLC 1 6.50% $13,062
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.25% $23,519
    NATIONS DIRECT MORTGAGE, LLC 1 6.63% $11,004
    NBKC BANK 1 6.13% $11,591
    NEW WAVE LENDING GROUP INC 1 6.13% $18,017
    Northpointe Bank 1 6.50% $11,502
    ONY GLO, INC. 1 7.50% $14,624
    Plains Commerce Bank 1 6.13% $10,935
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 5.88% $12,667
    RELIANCE FIRST CAPITAL, LLC 1 5.88% $22,343
    THE GOLDEN 1 1 6.63% $10,459
    TOTAL MORTGAGE SERVICES, LLC 1 7.75% $11,994
    TruHome Solutions, LLC 1 6.50% $14,271
    UNITED MORTGAGE CORP 1 6.75% $16,361
    U.S. Bank 1 5.63% $17,948
    VERITAS FUNDING, LLC 1 6.63% $16,458
    VISION ONE MORTGAGE, INC. 1 7.13% $11,695
    AHL FUNDING 1 6.99% $19,731

    The top Visalia FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 163 FHA loans originated. Their average total fees are $14,631, which is $1,435 lower than the next largest lender, Golden Empire Mortgage, Inc..

    The lowest fee Visalia FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($10,621), ALTITUDE FINANCIAL CORPORATION ($11,047), INSPIRE HOME LOANS INC. ($11,232), PENNYMAC LOAN SERVICES, LLC ($11,544) and MLD MORTGAGE INC. ($12,801).

    The lowest rate Visalia FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.25%), INSPIRE HOME LOANS INC. (5.26%), EAGLE HOME MORTGAGE, LLC (5.82%), FBC MORTGAGE, LLC (5.95%) and CLM MORTGAGE, INC (5.96%).

    Visalia FHA Loan Limits

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

    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).