Warner Robins FHA Loans

WARNER ROBINS, GA

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).