Warner Robins FHA Loans

WARNER ROBINS, 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.

    Warner Robins's 128 lenders originated 1,257 FHA loans during 2021. The total origination value was $223,085,000, with an average FHA loan value of $177,474.

    Warner Robins FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Warner Robins averaged 5.48% for the week of 2022-05-20, compared to the national average (all FHA variants) of 5.352% for the same period.

    The average rate for the prior week (2022-05-13) was 5.29% and one month ago for the week of 2022-04-15, the average rate was 4.98%.

    The average rate one year ago was 3.05%.

    For refis of the same type during the week of 2022-05-20, the average rate was 4.89%.

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

    Warner Robins FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Warner Robins level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    QUICKEN LOANS, LLC 180 2.78% $5,538
    GUILD MORTGAGE COMPANY 133 3.40% $8,340
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 83 3.11% $6,708
    HOMESTAR FINANCIAL CORPORATION 68 3.18% $6,192
    BROKER SOLUTIONS, INC. 50 3.39% $7,213
    LOANDEPOT.COM, LLC 43 3.30% $7,358
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 40 3.15% $6,355
    PENNYMAC LOAN SERVICES, LLC 26 3.19% $3,848
    CROSSCOUNTRY MORTGAGE, LLC 25 3.26% $7,186
    UNITED WHOLESALE MORTGAGE, LLC 21 2.88% $6,855
    CALIBER HOME LOANS, INC. 20 3.36% $5,636
    LAKEVIEW LOAN SERVICING, LLC 20 3.10% $4,542
    Mr. Cooper ( Nationstar Mortgage ) 20 3.44% $2,900
    HOMEBRIDGE FINANCIAL SERVICES, INC. 20 3.28% $7,125
    Colony Bank 19 2.75% $6,586
    Synovus Bank 18 2.81% $6,337
    ANGEL OAK HOME LOANS LLC 17 3.04% $6,920
    FREEDOM MORTGAGE CORPORATION 17 3.19% $4,300
    VILLAGE CAPITAL & INVESTMENT LLC 14 3.03% $1,757
    CRESCENT MORTGAGE COMPANY 13 2.71% $6,966
    Ameris Bank 12 2.61% $5,982
    GUARANTY HOME MORTGAGE CORPORATION 12 2.78% $6,006
    NEWREZ LLC 11 3.02% $4,148
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 10 2.89% $8,383
    Carrington Mortgage Services, LLC 10 3.84% $8,501
    MUTUAL OF OMAHA MORTGAGE, INC. 9 3.46% $7,542
    PRIMELENDING, A PLAINSCAPITAL COMPANY 8 3.45% $6,890
    HOMESPIRE MORTGAGE CORPORATION 8 2.88% $7,806
    STOCKTON MORTGAGE CORPORATION 8 3.33% $7,214
    AMERISAVE MORTGAGE CORPORATION 8 3.09% $9,060
    CERTAINTY HOME LOANS, LLC 7 2.64% $8,099
    Lakeview Community Capital, LLC 6 3.10% $3,742
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 6 3.19% $8,957
    First Option Mortgage, LLC 6 3.58% $8,451
    AMERICAN FINANCIAL NETWORK, INC. 6 3.27% $11,549
    VANDERBILT MORTGAGE AND FINANCE, INC. 5 3.18% $7,307
    HOME POINT FINANCIAL CORPORATION 5 3.08% $6,696
    Equity Prime Mortgage LLC 5 3.75% $7,708
    GUARANTEED RATE AFFINITY, LLC 5 3.25% $7,109
    South State Bank 5 2.80% $7,443
    TOWNE MORTGAGE COMPANY 5 3.58% $6,476
    MOVEMENT MORTGAGE, LLC 5 3.20% $6,224
    Mortgage Research Center, LLC 5 3.10% $4,613
    Bank of America 5 3.10% $6,108
    Network Funding, L.P. 5 3.50% $8,149
    SECURITYNATIONAL MORTGAGE COMPANY 4 3.28% $8,832
    AmeriHome Mortgage Company, LLC 3 2.91% $4,751
    SUMMIT FUNDING, INC. 3 3.58% $9,166
    THE MORTGAGE FIRM, INC. 3 3.64% $7,864
    VAN DYK MORTGAGE CORPORATION 3 3.08% $7,560
    GUARANTEED RATE, INC. 3 3.17% $6,478
    Barrington Bank & Trust Company, N.A. 3 3.29% $5,691
    Capital City Home Loans, LLC 3 3.13% $6,896
    PANORAMA MORTGAGE GROUP, LLC 3 3.88% $9,942
    OCMBC, INC. 3 2.92% $8,655
    OCEANSIDE MORTGAGE COMPANY 3 3.00% $2,868
    KELLER MORTGAGE, LLC 3 2.96% $5,308
    First Guaranty Mortgage Corporation 3 2.67% $7,024
    LENDUS, LLC 3 3.00% $7,135
    First Federal Bank 2 2.88% $5,610
    LIBERTY HOME MORTGAGE CORPORATION 2 3.19% $7,619
    Hometown Equity Mortgage, LLC 2 2.69% $6,382
    InterContinental Capital Group, Inc 2 3.00% $4,437
    ISERVE RESIDENTIAL LENDING, LLC 2 3.06% $11,408
    FIRST EQUITY MORTGAGE BANKERS, INC. 2 3.19% $10,464
    CREDIT UNION FINANCIAL SERVICES, LLC 2 3.19% $4,075
    JET DIRECT FUNDING CORP 2 2.88% $8,379
    UNITED SECURITY FINANCIAL CORP 2 3.44% $8,492
    Truist Bank 2 2.70% $6,016
    Renasant Bank 2 3.19% $6,624
    NBKC BANK 2 3.25% $6,695
    CMG MORTGAGE, INC. 2 2.94% $9,638
    Platinum Home Mortgage Corporation 2 3.25% $7,673
    DAS Acquisition Company, LLC 2 3.56% $6,144
    BAY EQUITY LLC 2 3.56% $5,308
    Paramount Residential Mortgage Group, Inc. 2 3.25% $9,062
    MEMBER FIRST MORTGAGE, LLC 2 3.38% $5,748
    RAPID MORTGAGE COMPANY 2 3.00% $7,348
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 2 2.56% $8,802
    Wells Fargo Bank 1 3.25% $5,587
    ACOPIA, LLC 1 3.75% $7,833
    AMERICAN FINANCING CORPORATION 1 2.25% $6,037
    AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 1 2.88% $8,996
    BancorpSouth Bank 1 2.88% $6,192
    Bank of England 1 3.88% $12,783
    BANKSOUTH MORTGAGE COMPANY, LLC 1 2.63% $5,580
    BETTER MORTGAGE CORPORATION 1 2.63% $7,460
    Blue Ridge Bank 1 3.50% $5,466
    CELEBRITY HOME LOANS, LLC 1 3.88% $12,476
    Citizens Bank 1 3.13% $6,885
    CityWorth Mortgage LLC 1 3.25% $7,545
    Commonwealth Bank and Trust Company 1 3.13% $6,674
    EVERETT FINANCIAL, INC. 1 3.88% $4,667
    FirstBank 1 3.25% $7,175
    FIRST COMMUNITY MORTGAGE, INC. 1 2.38% $6,545
    Flagstar Bank, FSB 1 2.50% $6,312
    FLAT BRANCH MORTGAGE, INC. 1 3.13% $8,903
    GENEVA FINANCIAL, LLC 1 3.88% $8,866
    GMFS LLC 1 3.25% $4,333
    HAMILTON HOME LOANS, INC. 1 2.75% $7,784
    Home Mortgage Alliance Corp 1 2.99% $5,916
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 3.50% $6,145
    HOMESIDE FINANCIAL, LLC 1 3.13% $7,629
    Ixonia Bank 1 3.13% $5,691
    JAMES B. NUTTER & COMPANY 1 2.88% $3,043
    JPMorgan Chase Bank 1 3.75% $0
    LAND HOME FINANCIAL SERVICES, INC. 1 3.75% $9,599
    LEADERONE FINANCIAL CORPORATION 1 3.25% $13,946
    Lend Smart Mortgage, LLC 1 3.50% $6,274
    MORIA DEVELOPMENT, INC. 1 3.25% $9,854
    NATIONS DIRECT MORTGAGE, LLC 1 4.00% $5,920
    Nations Lending Corporation 1 3.75% $5,004
    NATIONWIDE MORTGAGE BANKERS, INC. 1 3.25% $5,893
    OVM FINANCIAL, INC. 1 2.25% $5,709
    PHH Mortgage Corporation 1 3.50% $5,451
    PLANET HOME LENDING, LLC 1 2.88% $5,409
    PREMIA MORTGAGE, LLC 1 2.75% $5,378
    Queensborough National Bank & Trust Company 1 2.63% $2,449
    RADIUS FINANCIAL GROUP INC. 1 3.13% $5,834
    RELIANCE FIRST CAPITAL, LLC 1 2.75% $7,617
    SHELTER HOME MORTGAGE, LLC 1 2.99% $9,079
    SIGNATURE MORTGAGE CORPORATION 1 3.75% $5,681
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 3.00% $10,746
    SOVEREIGN LENDING GROUP INCORPORATED 1 3.25% $6,521
    STEARNS LENDING, LLC 1 2.99% $4,543
    The Federal Savings Bank 1 2.63% $8,330
    UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 2.75% $6,887
    ACADEMY MORTGAGE CORPORATION 1 3.00% $6,303

    The top Warner Robins FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 180 FHA loans originated. Their average total fees are $5,538, which is $2,802 lower than the next largest lender, GUILD MORTGAGE COMPANY.

    The lowest fee Warner Robins FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL & INVESTMENT LLC ($1,757), Mr. Cooper ( Nationstar Mortgage ) ($2,900), PENNYMAC LOAN SERVICES, LLC ($3,848), NEWREZ LLC ($4,148) and FREEDOM MORTGAGE CORPORATION ($4,300).

    The lowest rate Warner Robins FHA lenders (with over 10 loans originated) are Ameris Bank (2.61%), CRESCENT MORTGAGE COMPANY (2.71%), Colony Bank (2.75%), QUICKEN LOANS, LLC (2.78%) and GUARANTY HOME MORTGAGE CORPORATION (2.78%).

    Warner Robins FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    WARNER ROBINS, GA HOUSTON 2022 $420,680 $538,650 $651,050 $809,150
    WARNER ROBINS, GA PEACH 2022 $420,680 $538,650 $651,050 $809,150

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Warner Robins (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 $198,900 (26.3%) $209,943 (16.3%) 0.73 1,080
    2018-02-01 $204,400 (26.4%) $213,275 (17.4%) 0.74 1,135
    2018-03-01 $208,900 (26.6%) $214,715 (15.4%) 0.72 1,138
    2018-04-01 $212,994 (26.0%) $216,782 (12.9%) 0.71 1,150
    2018-05-01 $216,644 (19.9%) $219,808 (10.3%) 0.72 1,174
    2018-06-01 $214,900 (16.2%) $219,191 (8.6%) 0.72 1,216
    2018-07-01 $215,900 (16.7%) $219,801 (7.8%) 0.72 1,303
    2018-08-01 $210,500 (11.7%) $219,037 (6.0%) 0.70 1,313
    2018-09-01 $209,900 (10.5%) $214,284 (3.9%) 0.70 1,273
    2018-10-01 $210,000 (8.1%) $214,426 (3.2%) 0.70 1,266
    2018-11-01 $215,894 (12.0%) $217,989 (6.1%) 0.72 1,299
    2018-12-01 $214,900 (10.5%) $213,940 (3.7%) 0.74 1,253
    2019-01-01 $214,745 (8.0%) $213,201 (1.6%) 0.74 1,168
    2019-02-01 $214,195 (4.8%) $212,521 (-0.4%) 0.72 1,142
    2019-03-01 $205,671 (-1.6%) $212,304 (-1.1%) 0.67 1,126
    2019-04-01 $200,000 (-6.1%) $213,489 (-1.5%) 0.63 1,167
    2019-05-01 $199,950 (-7.7%) $213,959 (-2.7%) 0.62 1,174
    2019-06-01 $214,500 (-0.2%) $221,563 (1.1%) 0.66 1,089
    2019-07-01 $207,700 (-3.8%) $220,184 (0.2%) 0.65 1,094
    2019-08-01 $212,043 (0.7%) $223,833 (2.2%) 0.67 1,076
    2019-09-01 $214,950 (2.4%) $227,658 (6.2%) 0.68 1,054
    2019-10-01 $214,950 (2.4%) $226,263 (5.5%) 0.69 1,133
    2019-11-01 $215,000 (-0.4%) $226,912 (4.1%) 0.69 1,102
    2019-12-01 $221,187 (2.9%) $230,418 (7.7%) 0.74 1,076
    2020-01-01 $221,473 (3.1%) $228,433 (7.1%) 0.74 1,064
    2020-02-01 $222,045 (3.7%) $227,825 (7.2%) 0.72 1,025
    2020-03-01 $214,950 (4.5%) $229,205 (8.0%) 0.67 949
    2020-04-01 $210,000 (5.0%) $230,610 (8.0%) 0.65 887
    2020-05-01 $223,900 (12.0%) $233,468 (9.1%) 0.68 815
    2020-06-01 $233,900 (9.0%) $239,694 (8.2%) 0.68 678
    2020-07-01 $239,900 (15.5%) $244,040 (10.8%) 0.69 599
    2020-08-01 $235,000 (10.8%) $239,879 (7.2%) 0.67 613
    2020-09-01 $239,950 (11.6%) $245,032 (7.6%) 0.69 559
    2020-10-01 $242,900 (13.0%) $249,982 (10.5%) 0.69 499
    2020-11-01 $237,063 (10.3%) $249,518 (10.0%) 0.68 505
    2020-12-01 $234,240 (5.9%) $244,679 (6.2%) 0.69 486
    2021-01-01 $241,038 (8.8%) $256,250 (12.2%) 0.71 405
    2021-02-01 $241,250 (8.7%) $259,433 (13.9%) 0.69 368
    2021-03-01 $257,400 (19.8%) $270,377 (18.0%) 0.72 329
    2021-04-01 $269,950 (28.6%) $289,954 (25.7%) 0.73 318
    2021-05-01 $282,900 (26.4%) $293,914 (25.9%) 0.74 333
    2021-06-01 $284,900 (21.8%) $300,927 (25.6%) 0.74 410
    2021-07-01 $269,750 (12.4%) $291,810 (19.6%) 0.70 475
    2021-08-01 $246,379 (4.8%) $273,290 (13.9%) 0.65 504
    2021-09-01 $256,750 (7.0%) $282,047 (15.1%) 0.68 529
    2021-10-01 $246,796 (1.6%) $273,015 (9.2%) 0.65 613
    2021-11-01 $259,759 (9.6%) $280,132 (12.3%) 0.68 575
    2021-12-01 $254,900 (8.8%) $277,775 (13.5%) 0.68 509
    2022-01-01 $265,000 (9.9%) $284,653 (11.1%) 0.71 471
    2022-02-01 $271,500 (12.5%) $300,321 (15.8%) 0.69 451
    2022-03-01 $274,500 (6.6%) $300,692 (11.2%) 0.68 462
    2022-04-01 $272,000 (0.8%) $298,585 (3.0%) 0.64 468
    Warner Robins's median listing price for 2022-04-01 was $272,000, a difference of $2,050 (0.8%) versus the prior year and $-2,500 versus the prior month.

    Warner Robins's median listing price comes in at 64% of the national average.

    Warner Robins's average listing price for 2022-04-01 was $298,585, a difference of $8,631 (3.0%) versus the prior year and $-2,107 versus the prior month.

    For the 2022-04-01 period, Warner Robins had 468 MLS listings, a difference of 6 listings (1%) versus the prior month and 150 listings (47%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Warner Robins (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 87 days 2,283 sqft
    2018-02-01 71 days 2,307 sqft
    2018-03-01 58 days 2,310 sqft
    2018-04-01 64 days 2,340 sqft
    2018-05-01 67 days 2,393 sqft
    2018-06-01 72 days 2,379 sqft
    2018-07-01 66 days 2,330 sqft
    2018-08-01 64 days 2,334 sqft
    2018-09-01 72 days 2,332 sqft
    2018-10-01 83 days 2,332 sqft
    2018-11-01 88 days 2,339 sqft
    2018-12-01 93 days 2,326 sqft
    2019-01-01 97 days 2,312 sqft
    2019-02-01 92 days 2,310 sqft
    2019-03-01 66 days 2,316 sqft
    2019-04-01 64 days 2,325 sqft
    2019-05-01 58 days 2,306 sqft
    2019-06-01 59 days 2,310 sqft
    2019-07-01 59 days 2,294 sqft
    2019-08-01 59 days 2,305 sqft
    2019-09-01 56 days 2,306 sqft
    2019-10-01 61 days 2,293 sqft
    2019-11-01 63 days 2,280 sqft
    2019-12-01 68 days 2,296 sqft
    2020-01-01 76 days 2,329 sqft
    2020-02-01 67 days 2,347 sqft
    2020-03-01 59 days 2,286 sqft
    2020-04-01 62 days 2,210 sqft
    2020-05-01 66 days 2,280 sqft
    2020-06-01 58 days 2,395 sqft
    2020-07-01 49 days 2,405 sqft
    2020-08-01 42 days 2,316 sqft
    2020-09-01 52 days 2,395 sqft
    2020-10-01 50 days 2,392 sqft
    2020-11-01 39 days 2,372 sqft
    2020-12-01 45 days 2,277 sqft
    2021-01-01 54 days 2,376 sqft
    2021-02-01 48 days 2,334 sqft
    2021-03-01 34 days 2,413 sqft
    2021-04-01 36 days 2,500 sqft
    2021-05-01 36 days 2,456 sqft
    2021-06-01 34 days 2,504 sqft
    2021-07-01 31 days 2,487 sqft
    2021-08-01 49 days 2,208 sqft
    2021-09-01 42 days 2,253 sqft
    2021-10-01 36 days 2,012 sqft
    2021-11-01 46 days 2,117 sqft
    2021-12-01 56 days 2,112 sqft
    2022-01-01 61 days 2,150 sqft
    2022-02-01 45 days 2,000 sqft
    2022-03-01 44 days 2,135 sqft
    2022-04-01 39 days 2,076 sqft
    Warner Robins's median listing age (time on market) for 2022-04-01 was 39 days. This is 8% longer than the same period one year ago.

    Warner Robins's median square footage for active listings during the 2022-04-01 period was 2,076 sqft. One year prior, the average listing was 2,500 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).