Yuma FHA Loan Rates, Closing Costs & Stats

YUMA, AZ

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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.

    Yuma's 63 lenders originated 1,149 FHA loans during 2024. The total origination value was $302,395,000, with an average FHA loan value of $263,181.

    Yuma FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Yuma averaged 0.3% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

    Yuma's average FHA mortgage closing costs are $8,055.

    The average rate for the prior week (2025-06-13) was 6.88% and one month ago for the week of 2025-05-16, the average rate was 6.84%.

    The average rate one year ago was 7%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.18%.

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

    Yuma 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 Yuma level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 289 6.19% $12,765
    NOVA FINANCIAL & INVESTMENT CORPORATION 228 6.41% $7,644
    GUILD MORTGAGE COMPANY 104 6.48% $12,408
    CROSSCOUNTRY MORTGAGE, LLC 95 6.35% $13,009
    QUICKEN LOANS, LLC 67 6.20% $11,787
    SECURITYNATIONAL MORTGAGE COMPANY 42 6.62% $14,961
    GENEVA FINANCIAL, LLC 29 6.64% $11,928
    PENNYMAC LOAN SERVICES, LLC 14 6.08% $12,455
    Equity Prime Mortgage LLC 12 6.58% $14,365
    Gateway First Bank 11 6.55% $9,949
    FREEDOM MORTGAGE CORPORATION 11 6.17% $14,180
    Flagstar Bank, FSB 9 6.46% $12,117
    AMERICAN FINANCIAL NETWORK, INC. 7 7.63% $15,380
    CMG MORTGAGE, INC. 7 6.41% $13,545
    VILLAGE CAPITAL MORTGAGE 7 6.27% $8,200
    LOANDEPOT.COM, LLC 6 6.42% $11,225
    Lakeview Community Capital, LLC 6 6.17% $6,895
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 6 6.44% $8,690
    SUN WEST MORTGAGE COMPANY, INC. 6 7.40% $12,661
    BROKER SOLUTIONS, INC. 5 7.07% $10,480
    Mr. Cooper ( Nationstar Mortgage ) 5 6.53% $5,111
    AMERICAN FINANCING CORPORATION 4 5.97% $9,772
    PRIMELENDING, A PLAINSCAPITAL COMPANY 4 7.25% $10,159
    MORTGAGEONE, INC. 4 6.16% $13,987
    AMERICAN PACIFIC MORTGAGE CORPORATION 4 6.72% $15,399
    The Loan Store, Inc. 4 6.31% $15,148
    NEWREZ LLC 3 6.71% $12,257
    Nations Lending Corporation 3 7.04% $11,758
    GUARANTEED RATE, INC. 3 7.01% $12,268
    LOANPAL, LLC 3 6.08% $13,165
    Century Mortgage Company DBA Century Lending Company 2 5.94% $0
    Carrington Mortgage Services, LLC 2 5.81% $9,631
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 5.94% $13,370
    VERITAS FUNDING, LLC 2 6.56% $15,390
    V.I.P. MORTGAGE, INC. 2 6.50% $10,221
    LAKEVIEW LOAN SERVICING, LLC 2 6.50% $6,961
    Plains Commerce Bank 1 6.75% $9,919
    PLANET HOME LENDING, LLC 1 6.63% $7,180
    ZILLOW HOME LOANS, LLC 1 6.00% $14,429
    ROYAL UNITED MORTGAGE LLC 1 6.63% $15,987
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.88% $14,610
    Zions Bank 1 6.25% $12,116
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.25% $15,614
    Wallick & Volk, Inc. 1 6.25% $5,131
    EVERETT FINANCIAL, INC. 1 7.63% $5,679
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $14,188
    FIRST COLONY MORTGAGE CORPORATION 1 5.75% $13,730
    CARDINAL FINANCIAL 1 6.75% $9,947
    BOKF 1 6.63% $8,976
    Home Mortgage Alliance Corp 1 5.50% $14,100
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.38% $7,998
    HOMESIDE FINANCIAL, LLC 1 6.50% $10,867
    LADERA LENDING, INC. 1 6.25% $11,967
    Willamette Valley Bank 1 6.63% $9,939
    AXIA FINANCIAL, LLC 1 6.63% $15,949
    MID AMERICA MORTGAGE, INC. 1 7.63% $4,519
    MK LENDING CORP. 1 7.00% $10,157
    Mortgage Research Center, LLC 1 5.38% $8,636
    NORWICH COMMERCIAL GROUP, INC. 1 6.25% $6,356
    OCMBC, INC. 1 6.13% $8,813
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 5.75% $20,600
    Paramount Residential Mortgage Group, Inc. 1 5.75% $16,996
    AMERISAVE MORTGAGE CORPORATION 1 6.00% $12,948

    The top Yuma FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 289 FHA loans originated. Their average total fees are $12,765, which is $5,121 higher than the next largest lender, NOVA FINANCIAL & INVESTMENT CORPORATION.

    The lowest fee Yuma FHA lenders (with over 10 loans originated) are NOVA FINANCIAL & INVESTMENT CORPORATION ($7,644), Gateway First Bank ($9,949), QUICKEN LOANS, LLC ($11,787), GENEVA FINANCIAL, LLC ($11,928) and GUILD MORTGAGE COMPANY ($12,408).

    The lowest rate Yuma FHA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (6.08%), FREEDOM MORTGAGE CORPORATION (6.17%), UNITED WHOLESALE MORTGAGE, LLC (6.19%), QUICKEN LOANS, LLC (6.20%) and CROSSCOUNTRY MORTGAGE, LLC (6.35%).

    Yuma FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    YUMA, AZ YUMA 2022 $420,680 $538,650 $651,050 $809,150
    YUMA, AZ YUMA 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).