Florida FHA Loan Rates, Closing Costs & Stats

Florida

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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.

    Florida FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Florida averaged 6.2% for the week of 2023-12-08, compared to the national average (all FHA variants) of 6.819% for the same period.

    Florida's average FHA mortgage closing costs are $8,897.

    The average rate for the prior week (2023-12-01) was 6.71% and one month ago for the week of 2023-11-03, the average rate was 6.95%.

    The average rate one year ago was 6.02%.

    For refis of the same type during the week of 2023-12-08, the average rate was 5.25%.

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

    Florida 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 Florida level.

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 7,283 4.83% $12,521
    QUICKEN LOANS, LLC 5,155 4.36% $11,626
    CALIBER HOME LOANS, INC. 2,892 4.59% $12,268
    DHI MORTGAGE COMPANY, LTD. 2,786 4.41% $10,680
    LOANDEPOT.COM, LLC 2,764 4.78% $11,879
    CROSSCOUNTRY MORTGAGE, LLC 2,168 5.16% $13,820
    FREEDOM MORTGAGE CORPORATION 1,721 4.68% $11,843
    Paramount Residential Mortgage Group, Inc. 1,665 5.15% $15,683
    EAGLE HOME MORTGAGE, LLC 1,613 4.90% $13,235
    PENNYMAC LOAN SERVICES, LLC 1,440 4.25% $11,611
    CARDINAL FINANCIAL 1,362 4.85% $12,925
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1,094 5.11% $11,541
    BROKER SOLUTIONS, INC. 975 5.12% $13,047
    THE MORTGAGE FIRM, INC. 941 5.22% $11,320
    Flagstar Bank, FSB 892 4.66% $11,844
    HOME POINT FINANCIAL CORPORATION 847 4.27% $12,238
    MOVEMENT MORTGAGE, LLC 841 5.04% $11,297
    Mr. Cooper ( Nationstar Mortgage ) 809 4.39% $12,899
    Carrington Mortgage Services, LLC 806 5.00% $12,784
    Equity Prime Mortgage LLC 779 5.19% $13,105
    Mortgage Lenders Investment Trading Corporation 682 4.88% $9,467
    FBC MORTGAGE, LLC 671 4.96% $10,284
    HOMEBRIDGE FINANCIAL SERVICES, INC. 661 4.74% $13,636
    EVERETT FINANCIAL, INC. 643 5.32% $8,399
    LAKEVIEW LOAN SERVICING, LLC 640 3.96% $7,630
    AMERISAVE MORTGAGE CORPORATION 562 4.43% $13,130
    AMERIFIRST FINANCIAL CORPORATION 528 5.23% $11,980
    NEWREZ LLC 511 4.71% $10,383
    KBHS HOME LOANS, LLC 494 4.76% $15,738
    AMERICAN PACIFIC MORTGAGE CORPORATION 465 5.20% $13,575
    Plains Commerce Bank 405 4.91% $12,595
    GUARANTEED RATE, INC. 399 4.87% $11,872
    MY MORTGAGE, INC. 381 5.13% $16,135
    Lakeview Community Capital, LLC 375 3.84% $7,250
    PRIMARY RESIDENTIAL MORTGAGE, INC. 375 5.19% $15,313
    Nations Lending Corporation 360 5.18% $11,762
    Bank of England 317 5.14% $12,216
    HOME SOLUTION LENDERS INC. 317 4.57% $12,241
    Waterstone Mortgage Corporation 296 5.28% $13,517
    CMG MORTGAGE, INC. 295 5.20% $12,735
    PLANET HOME LENDING, LLC 291 4.39% $10,544
    HOMESIDE FINANCIAL, LLC 291 5.18% $13,654
    NVR Mortgage Finance, Inc. 289 4.35% $13,198
    HOMEOWNERS FINANCIAL GROUP USA, LLC 265 5.04% $12,577
    GENEVA FINANCIAL, LLC 262 5.15% $14,302
    PLAZA HOME MORTGAGE, INC. 258 5.08% $14,530
    HAMILTON HOME LOANS, INC. 257 4.68% $13,293
    NFM, INC. 253 5.51% $13,706
    VAN DYK MORTGAGE CORPORATION 249 5.03% $9,868
    PRIMELENDING, A PLAINSCAPITAL COMPANY 241 5.16% $11,214
    ABSOLUTE HOME MORTGAGE CORPORATION 239 5.25% $14,147
    SUCCESS MORTGAGE PARTNERS, INC. 224 4.90% $12,242
    Hometown Lenders, Inc. 222 4.93% $14,977
    VANDERBILT MORTGAGE AND FINANCE, INC. 220 5.04% $12,920
    UNIVERSITY LENDING GROUP, LLC 214 4.64% $9,026
    PULTE MORTGAGE LLC 211 4.76% $8,918
    AMERICAN FINANCING CORPORATION 209 4.50% $11,188
    Sierra Pacific Mortgage Company, Inc. 205 4.82% $14,551
    ACADEMY MORTGAGE CORPORATION 201 5.14% $11,668
    TOP FLITE FINANCIAL, INC. 200 5.21% $17,321
    LOANPAL, LLC 193 4.18% $13,940
    AMERICAN FINANCIAL RESOURCES, INC. 190 4.94% $9,350
    MUTUAL OF OMAHA MORTGAGE, INC. 175 4.71% $12,693
    COLUMBUS CAPITAL LENDING, LLC 173 5.10% $16,873
    HOMEAMERICAN MORTGAGE CORPORATION 173 4.25% $7,971
    Citizens Bank 171 4.21% $10,298
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 170 4.96% $11,649
    VILLAGE CAPITAL MORTGAGE 168 3.80% $7,785
    SUN WEST MORTGAGE COMPANY, INC. 166 4.79% $12,889
    GUARANTEED RATE AFFINITY, LLC 166 4.96% $11,362
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 164 4.71% $13,017
    JET HOMELOANS, LLC 161 5.35% $12,113
    South Pacific Financial Corporation 161 4.86% $12,667
    UNION HOME MORTGAGE CORP. 158 4.94% $10,019
    Regions Bank 155 4.80% $10,204
    Ameris Bank 152 4.84% $9,633
    FINANCE OF AMERICA MORTGAGE LLC 152 4.53% $12,781
    AMCAP MORTGAGE, LTD. 152 5.19% $18,525
    First Federal Bank 149 4.82% $10,021
    GUILD MORTGAGE COMPANY 147 5.18% $11,669
    Hometown Equity Mortgage, LLC 146 5.11% $15,238
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 145 5.29% $14,426
    EMBRACE HOME LOANS, INC. 144 5.02% $11,348
    Ixonia Bank 136 5.36% $13,433
    INSPIRE HOME LOANS INC. 135 4.99% $10,221
    NP, Inc. 132 4.95% $15,560
    JPMorgan Chase Bank 128 4.95% $8,377
    EMM LOANS LLC 125 4.99% $13,649
    SECURITYNATIONAL MORTGAGE COMPANY 123 5.01% $14,527
    READY MORTGAGE LENDERS, LLC 120 5.19% $18,559
    MICHIGAN MUTUAL, INC. 119 4.86% $13,798
    PANORAMA MORTGAGE GROUP, LLC 115 5.22% $16,884
    MATTAMY HOME FUNDING, LLC 114 4.34% $12,975
    AMERICAN BANCSHARES MORTGAGE 112 5.14% $13,816
    SWBC MORTGAGE CORPORATION 112 5.00% $9,821
    OCMBC, INC. 111 4.90% $14,445
    Century Mortgage Company DBA Century Lending Company 110 5.07% $13,877
    South State Bank 107 4.86% $11,226
    Synovus Bank 99 5.03% $10,023
    NATIONS DIRECT MORTGAGE, LLC 98 4.68% $13,149
    LAND HOME FINANCIAL SERVICES, INC. 98 5.00% $13,026
    HOME FINANCING CENTER, INC. 97 5.61% $20,956
    OPEN MORTGAGE, LLC 96 4.89% $11,047
    ACOPIA, LLC 96 5.23% $12,847
    Centennial Bank 95 4.98% $9,827
    Christensen Financial, Inc. 95 4.58% $11,225
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 94 4.77% $13,279
    VELOCIO MORTGAGE L.L.C. 93 4.56% $15,499
    Bank of America 93 4.37% $7,414
    STOCKTON MORTGAGE CORPORATION 89 5.03% $12,094
    TOWNE MORTGAGE COMPANY 89 4.91% $12,471
    M/I FINANCIAL, LLC 87 4.77% $13,602
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 86 5.08% $15,610
    GERSHMAN INVESTMENT CORP. 86 5.23% $11,807
    1ST FINANCIAL, INC. 85 5.45% $16,684
    VYSTAR 84 4.94% $6,938
    MILEND, INC. 83 5.31% $16,610
    HOMESPIRE MORTGAGE CORPORATION 83 4.83% $12,625
    Mortgage Research Center, LLC 81 5.17% $8,423
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 80 4.38% $11,636
    First Guaranty Mortgage Corporation 80 3.83% $10,710
    RELIANCE FIRST CAPITAL, LLC 78 4.60% $11,316
    NATIONWIDE MORTGAGE BANKERS, INC. 78 5.25% $15,035
    HOMESTAR FINANCIAL CORPORATION 76 5.13% $10,574
    AmeriHome Mortgage Company, LLC 76 4.44% $10,560
    BECKAM FUNDING CORP. 76 5.73% $19,240
    Trustmark National Bank 75 4.70% $8,208
    Truist 74 4.76% $9,169
    PARK SQUARE HOME MORTGAGE, LLC 73 4.94% $9,715
    BAY EQUITY LLC 73 5.12% $12,493
    MORTGAGE EQUITY PARTNERS LLC 72 5.28% $14,279
    MID AMERICA MORTGAGE, INC. 72 5.33% $7,148
    ALLIED MORTGAGE GROUP, INC. 65 4.66% $13,474
    NETWORK CAPITAL FUNDING CORPORATION 65 4.59% $12,062
    Northpointe Bank 65 4.96% $11,395
    CHURCHILL MORTGAGE CORPORATION 65 4.71% $11,739
    Cornerstone First Mortgage, Inc 64 4.99% $13,975
    LEADERONE FINANCIAL CORPORATION 62 5.24% $13,006
    FIRST EQUITY MORTGAGE BANKERS, INC. 62 4.76% $15,225
    ENVOY MORTGAGE, LTD 62 5.10% $10,884
    Gateway First Bank 61 5.01% $9,644
    AMERICAN MORTGAGE SERVICE COMPANY 59 4.92% $11,571
    Wells Fargo Bank 59 5.10% $8,972
    GSF Mortgage Corporation 59 5.17% $14,018
    DAS Acquisition Company, LLC 59 5.29% $11,840
    LADERA LENDING, INC. 59 4.84% $14,626
    RESIDENTIAL BANCORP 58 4.79% $13,285
    CALCON MUTUAL MORTGAGE LLC 58 4.71% $11,768
    SHELTER MORTGAGE COMPANY, L.L.C. 57 4.08% $10,513
    U.S. Bank 55 4.77% $10,209
    MORTGAGE SOLUTIONS OF COLORADO, LLC 55 4.83% $16,226
    DELMAR FINANCIAL COMPANY 55 4.84% $10,560
    ZILLOW HOME LOANS, LLC 54 4.63% $11,041
    The Federal Savings Bank 54 5.00% $14,677
    Prosperity Home Mortgage, LLC 51 5.42% $10,719
    First Horizon Bank 51 5.00% $12,602
    INLANTA MORTGAGE, INC. 51 4.67% $10,909
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 49 5.09% $13,472
    FIDELITY BANK 49 4.89% $10,511
    PNC Bank 49 4.50% $8,069
    CONTOUR MORTGAGE CORPORATION 49 4.86% $13,828
    University Bank 49 6.24% $10,194
    Summit Mortgage Corporation 49 4.97% $12,767
    WATSON MORTGAGE CORP. 47 4.94% $10,253
    Loan Simple, Inc. 46 5.60% $12,967
    SOUTHPOINT FINANCIAL SERVICES, INC. 45 5.06% $13,590
    LIBERTY HOME MORTGAGE CORPORATION 45 5.35% $12,507
    NORTHPOINT MORTGAGE, INC. 44 5.26% $12,652
    Goldwater Bank, N.A. 43 5.16% $11,904
    Barrington Bank & Trust Company, N.A. 42 4.80% $10,836
    AmRes Corporation 42 4.60% $13,432
    MORIA DEVELOPMENT, INC. 41 4.94% $12,696
    Capital City Home Loans, LLC 41 4.90% $9,045
    Financial Freedom Mortgage, LLC 41 4.85% $11,892
    CERTAINTY HOME LOANS, LLC 40 5.15% $10,103
    M&T Bank 40 4.18% $9,556
    First Home Bank 39 4.78% $11,563
    NATIONS RELIABLE LENDING, LLC 39 5.12% $14,405
    UNITED MORTGAGE CORP 38 4.88% $13,257
    NTFN, INC. 38 4.64% $9,940
    First Option Mortgage, LLC 37 4.93% $11,985
    Town Square Mortgage & Investments, Inc. 37 5.01% $12,218
    FIDELITY FUNDING MORTGAGE CORP. 37 5.10% $12,151
    MORTGAGE 1 INCORPORATED 36 4.82% $13,020
    PREMIER MORTGAGE RESOURCES, L.L.C. 36 5.81% $12,807
    Advisors Mortgage Group, L.L.C. 36 5.06% $11,829
    The Home Loan Expert LLC 36 5.25% $11,194
    Bell Bank 35 4.66% $8,885
    Renasant Bank 34 4.74% $9,609
    MORTGAGE FINANCIAL GROUP, INC. 34 5.28% $10,805
    TOTAL MORTGAGE SERVICES, LLC 34 5.32% $14,434
    RESIDENTIAL HOME FUNDING CORP. 34 4.60% $15,354
    Wyndham Capital Mortgage, Inc. 34 4.60% $8,580
    United Fidelity Funding Corp. 33 5.28% $14,328
    BAYSHORE MORTGAGE FUNDING, LLC 33 5.12% $12,445
    FIRST COMMUNITY MORTGAGE, INC. 33 4.72% $10,719
    NJ LENDERS CORP. 33 4.57% $11,347
    T2 FINANCIAL LLC 32 4.91% $13,331
    CAPITAL PARTNERS MORTGAGE, LLC 32 4.77% $13,199
    Alcova Mortgage LLC 32 4.92% $10,646
    FOUNDATION MORTGAGE CORPORATION 32 4.45% $15,381
    HANCOCK MORTGAGE PARTNERS, LLC 31 4.83% $12,793
    US MORTGAGE CORPORATION 31 5.04% $15,401
    MLB RESIDENTIAL LENDING, LLC 30 4.68% $13,511
    INTELLILOAN, INC. 29 4.72% $14,185
    RADIUS FINANCIAL GROUP INC. 29 4.98% $11,924
    DIRECT MORTGAGE LOANS, LLC 28 5.49% $13,257
    OVM FINANCIAL, INC. 28 4.85% $9,766
    TJC Mortgage, Inc. 28 4.55% $12,649
    Evolve Bank & Trust 27 4.73% $13,017
    RUOFF MORTGAGE COMPANY, INC. 27 4.72% $7,828
    ANGEL OAK HOME LOANS LLC 26 4.50% $11,084
    DG PINNACLE FUNDING LLC 26 5.17% $16,750
    TD Bank 26 3.97% $8,750
    PREFERRED LENDING SERVICES, LLC 26 5.48% $10,594
    Strong Home Mortgage, LLC 25 4.33% $9,771
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 25 4.98% $11,718
    FIRST ALLIANCE HOME MORTGAGE, LLC 25 5.34% $15,795
    BANKING MORTGAGE SERVICES, B.M.S. CORP. 25 5.48% $16,536
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 25 5.14% $11,711
    First Heritage Mortgage, LLC 25 5.40% $13,636
    FIRST MORTGAGE COMPANY, INC. 25 4.82% $10,533
    LOANLEADERS OF AMERICA, INC. 25 4.80% $17,557
    CROSSFIRE FINANCIAL NETWORK, INC. 25 5.08% $16,632
    Fifth Third Bank 24 5.00% $8,227
    Eagle Bank and Trust Company 24 4.32% $10,701
    J. VIRGIL, INC. 24 4.79% $12,671
    PHH Mortgage Corporation 23 4.53% $10,521
    FAIRWAY FUNDING GROUP, INC. 23 4.57% $11,672
    Network Funding, L.P. 23 5.16% $12,565
    ROYAL UNITED MORTGAGE LLC 22 4.71% $13,356
    First Savings Bank 21 4.60% $13,921
    GREAT WESTERN FINANCIAL SERVICES, INC. 20 5.24% $11,693
    Tyndall Federal Credit Union 20 4.88% $8,707
    Amerifirst Financial, Inc. 20 4.94% $11,007
    NORWICH COMMERCIAL GROUP, INC. 20 5.23% $13,840
    SOUTHWEST STAGE FUNDING, LLC 20 5.01% $9,722
    Commerce Home Mortgage, Inc. 20 4.36% $11,641
    BAY CAPITAL MORTGAGE CORPORATION 20 5.18% $10,041
    HOMETRUST MORTGAGE COMPANY 20 4.43% $9,268
    VERITAS FUNDING, LLC 20 5.14% $17,408
    HOMESTEAD FUNDING CORP. 19 5.18% $10,598
    CASTLE & COOKE MORTGAGE, LLC 19 4.86% $13,885
    NEW DAY FINANCIAL, LLC 19 5.23% $8,444
    Hancock Whitney Bank 18 4.51% $10,314
    OCEANSIDE MORTGAGE COMPANY 18 4.05% $5,641
    BETTER MORTGAGE CORPORATION 18 4.40% $11,568
    GMFS LLC 18 4.15% $7,961
    Seacoast National Bank 18 4.62% $10,055
    Wolfe Financial, Inc 18 5.60% $10,910
    KELLER MORTGAGE, LLC 17 5.20% $10,432
    BancorpSouth 16 4.46% $8,572
    TruHome Solutions, LLC 16 4.52% $10,873
    SPACE COAST Credit Union 16 4.39% $9,271
    Magnolia Bank 16 4.73% $12,714
    1ST SIGNATURE LENDING, LLC 16 4.52% $10,683
    Neighborhood Loans, Inc. 15 4.77% $12,136
    CHAMPIONS MORTGAGE LLC 15 4.62% $11,242
    Princeton Mortgage Corporation 15 3.96% $16,686
    Peoples Bank 15 4.91% $14,904
    NEAL COMMUNITIES FUNDING, LLC 15 4.94% $14,733
    FLAT BRANCH MORTGAGE, INC. 14 4.46% $11,293
    EQUITY RESOURCES, INC. 14 4.70% $9,504
    THRIVE MORTGAGE, LLC 14 5.29% $11,167
    FIRST CENTENNIAL MORTGAGE CORPORATION 13 5.07% $11,874
    SOVEREIGN LENDING GROUP INCORPORATED 13 4.82% $15,455
    ARC HOME LLC 13 5.06% $13,384
    Preston Home Loans Inc 13 5.53% $9,880
    POLARIS HOME FUNDING CORP. 13 4.54% $12,418
    The First, A National Banking Association 13 4.02% $8,075
    Total Media Management, LLC 13 4.43% $10,841
    Paramount Bank 12 4.83% $10,584
    AHL FUNDING 12 5.59% $18,816
    CityWorth Mortgage LLC 12 4.70% $10,724
    Texana Bank 12 4.28% $12,135
    HALLMARK HOME MORTGAGE, LLC 12 5.09% $11,627
    City National Bank of Florida 12 4.68% $12,109
    GTE Federal Credit Union 12 4.67% $9,112
    PENTAGON FEDERAL CREDIT UNION 12 4.65% $7,457
    SOUTHWEST FUNDING, LP 11 4.95% $15,485
    CRESCENT MORTGAGE COMPANY 11 5.31% $8,357
    East Coast Capital Corp. 11 4.73% $15,610
    JLB CORPORATION 11 4.43% $10,114
    LEGEND LENDING CORPORATION 11 5.61% $9,830
    MORTGAGE ONE OF THE SOUTH, INC. 11 3.73% $7,608
    CHERRY CREEK MORTGAGE, LLC 11 5.24% $4,422
    A&D Mortgage LLC 11 4.81% $18,162
    AXIA FINANCIAL, LLC 11 4.10% $14,980
    SOUTHERN TRUST MORTGAGE, LLC 11 4.61% $11,502
    DRAPER AND KRAMER MORTGAGE CORP. 11 4.86% $11,939
    AMERICAN ADVISORS GROUP 11 3.86% $10,251
    HighTechLending Inc 10 5.16% $16,084
    CANOPY MORTGAGE, LLC 10 4.05% $10,695
    FirstBank 10 3.99% $10,252
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 10 5.30% $13,155
    Progress Bank and Trust 10 4.60% $9,892
    NORTHERN MORTGAGE SERVICES, LLC 9 5.75% $11,320
    North American Savings Bank, F.S.B. 9 4.60% $9,099
    ASPIRE FINANCIAL, INC. 9 4.14% $11,739
    Acre Mortgage and Financial Inc 9 4.67% $13,916
    NBKC BANK 9 4.67% $11,166
    SHELTER HOME MORTGAGE, LLC 9 5.58% $13,915
    HUNT MORTGAGE CORPORATION 9 4.75% $8,849
    CITY FIRST MORTGAGE SERVICES, L.L.C. 9 4.63% $12,826
    MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 8 5.02% $18,711
    MLD MORTGAGE INC. 8 4.88% $10,388
    RESOURCE FINANCIAL SERVICES, INC. 8 5.19% $11,425
    United Community Bank 8 5.19% $11,300
    Raymond James Bank 8 5.06% $9,848
    THE EQUITABLE MORTGAGE CORPORATION 8 4.89% $10,434
    JMAC LENDING, INC. 8 3.97% $10,000
    TIDEWATER MORTGAGE SERVICES, INC. 8 5.05% $13,411
    FAY SERVICING, LLC 8 4.41% $8,135
    COMPASS MORTGAGE, INC. 7 4.89% $12,073
    LAKE MICHIGAN CREDIT UNION 7 5.29% $11,093
    Austin Capital Bank SSB 7 5.04% $12,146
    UNITED SECURITY FINANCIAL CORP 7 4.78% $14,391
    CBM Mortgage, Inc. 7 5.23% $11,615
    S1L, Inc. 7 4.84% $13,096
    Florida Capital Bank 7 4.38% $11,651
    FIRST HOME MORTGAGE CORPORATION 7 5.59% $14,054
    DATA MORTGAGE, INC. 7 5.73% $12,869
    Colonial Savings, F.A. 7 4.63% $8,808
    ENDEAVOR CAPITAL, LLC. 7 5.89% $10,421
    EUSTIS AND AMERICAN MORTGAGE COMPANY 6 4.77% $8,192
    BANKERS MORTGAGE LENDING, INC. 6 5.56% $11,288
    Pacific Lending LLC 6 6.00% $11,995
    Midwest Mortgage Associates Corporation 6 4.23% $11,647
    The Union Bank Company 6 4.88% $13,084
    AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 6 4.85% $13,182
    GUARANTY HOME MORTGAGE CORPORATION 6 5.35% $14,486
    RESIDENTIAL HOME MORTGAGE CORPORATION 6 5.44% $13,750
    Republic Bank & Trust Company 6 4.42% $12,584
    Blue Ridge Bank 6 5.02% $9,817
    RANLIFE, INC. 6 4.29% $10,184
    JET DIRECT FUNDING CORP 6 5.54% $15,902
    Premium Mortgage Corporation 5 6.48% $16,850
    ALAMEDA MORTGAGE CORPORATION 5 5.30% $13,995
    APEX HOME LOANS, INC. 5 4.33% $9,391
    Armed Forces Bank 5 4.73% $10,599
    Capital Bank 5 5.40% $10,877
    COUNTRYPLACE MORTGAGE, LTD. 5 4.88% $16,918
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 5 4.70% $8,729
    DIRECT MORTGAGE, CORP. 5 4.25% $12,290
    FIDELITY DIRECT MORTGAGE, LLC 5 5.90% $15,391
    First Internet Bank of Indiana 5 4.20% $11,457
    INLAND BANK & TRUST 5 5.05% $12,361
    MCLEAN MORTGAGE CORPORATION 5 4.53% $11,906
    MORTGAGE INVESTORS GROUP, INC. 5 4.25% $11,629
    PREMIER LENDING, INC. 5 4.68% $9,204
    RAPID MORTGAGE COMPANY 5 6.35% $14,003
    Residential Mortgage Solutions, Inc. 5 3.93% $12,551
    Shea Mortgage Inc. 5 5.05% $10,855
    Victorian Finance, LLC 4 5.66% $12,537
    Sunflower Bank 4 5.91% $10,082
    CIS Financial Services, Inc. 4 5.47% $9,903
    The Central Trust Bank 4 3.78% $9,832
    Atlantic Coast Mortgage, LLC 4 5.16% $14,970
    GVC MORTGAGE, INC. 4 5.91% $14,705
    BEST CAPITAL FUNDING 4 4.41% $12,503
    BRIDGEVIEW MORTGAGE CORP. 4 5.19% $15,006
    FIRST EQUITY MORTGAGE INCORPORATED 4 4.63% $13,353
    SmartBank 4 4.66% $10,066
    INTERSTATE HOME LOAN CENTER, INC. 4 4.13% $13,687
    INTERLINC MORTGAGE SERVICES, LLC 4 5.03% $8,895
    KeyBank 4 4.28% $13,728
    Mid-Continent Funding, Inc. 4 4.84% $10,869
    Shamrock Home Loans, Inc. 4 5.31% $13,000
    ServisFirst Bank 4 4.00% $8,280
    Credence Funding Corporation 4 4.13% $10,870
    CORNERSTONE HOME LENDING, INC. 4 5.25% $13,150
    Semper Home Loans, Inc. 4 5.41% $10,909
    SeaTrust Mortgage Company 4 5.31% $10,184
    NEXERA HOLDING LLC 4 4.28% $8,615
    NOVA FINANCIAL & INVESTMENT CORPORATION 4 4.63% $7,434
    American Mortgage & Equity Consultants, Inc. 4 5.40% $12,711
    Arvest Bank 4 4.75% $11,273
    Assurance Financial Group, L.L.C. 4 5.00% $12,257
    Allied First Bank,sb 3 5.17% $9,153
    Integrity Home Mortgage Corp 3 5.33% $11,818
    MEMBER FIRST MORTGAGE, LLC 3 3.54% $12,421
    EQUITY NOW INC. 3 4.50% $15,747
    DIRECT LENDERS, LLC 3 5.67% $7,920
    DIRECTIONS EQUITY, LLC 3 6.38% $11,276
    Citibank 3 4.67% $18,733
    Mutual Federal Bank 3 5.71% $13,068
    BOND STREET MORTGAGE, LLC 3 3.79% $14,553
    UNITED NORTHERN MORTGAGE BANKERS LIMITED 3 5.38% $16,712
    LOANFLIGHT LENDING, LLC 3 4.50% $9,012
    BNC National Bank 3 4.46% $10,414
    ROSS MORTGAGE CORPORATION 3 5.33% $5,621
    GREENTREE MORTGAGE COMPANY, L.P. 3 5.29% $15,919
    Valley National Bank 3 6.83% $11,605
    BANKSOUTH MORTGAGE COMPANY, LLC 3 3.92% $14,465
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 3 3.71% $10,318
    PREMIA MORTGAGE, LLC 3 4.17% $8,364
    Willamette Valley Bank 3 4.25% $10,727
    OAKTREE FUNDING CORP. 3 4.75% $20,331
    Meridian Bank Corporation 3 5.58% $11,439
    ON Q FINANCIAL, INC. 3 4.88% $12,700
    Quaint Oak Mortgage, LLC 3 3.96% $8,291
    JAMES B. NUTTER & COMPANY 3 5.00% $8,081
    STEARNS LENDING, LLC 3 3.08% $5,004
    First Bank 3 4.29% $11,465
    CITYWIDE HOME LOANS, LLC 2 5.94% $11,532
    V.I.P. MORTGAGE, INC. 2 3.87% $10,582
    VISION ONE MORTGAGE, INC. 2 5.00% $9,362
    Towne Bank 2 5.69% $8,999
    Watermark Capital, Inc. 2 6.31% $8,153
    CLEARPATH LENDING 2 3.25% $9,250
    SUMMIT FUNDING, INC. 2 4.19% $9,614
    AMERICAN FEDERAL MORTGAGE CORPORATION 2 4.56% $10,021
    IMPAC MORTGAGE CORP. 2 5.25% $16,698
    Mortgage Assurance Inc. 2 3.94% $9,098
    Colten Mortgage, LLC 2 4.88% $11,128
    NATION ONE MORTGAGE CORPORATION 2 4.31% $13,701
    FEDERATED MORTGAGE CORP. 2 4.31% $10,081
    Community Bank of Mississippi 2 5.50% $10,802
    1ST 2ND MORTGAGE COMPANY OF N.J., INC. 2 4.63% $11,499
    Congressional Bank 2 4.81% $11,943
    HOMEXPRESS MORTGAGE CORP. 2 4.50% $12,382
    THE MORTGAGE LINK, INC. 2 5.56% $12,987
    1ST PREFERENCE MORTGAGE CORP. 2 4.38% $10,219
    LENDING CAPITAL GROUP Inc 2 4.25% $21,152
    LENDING 3, INC. 2 7.06% $10,148
    DEVELOPER'S MORTGAGE COMPANY 2 4.25% $8,328
    PACIFIC RESIDENTIAL MORTGAGE, LLC 2 3.88% $12,252
    Simmons Bank 2 5.00% $10,211
    SIRVA MORTGAGE, INC. 2 4.56% $12,052
    The Huntington National Bank 2 4.75% $9,468
    GREENWAY MORTGAGE FUNDING CORP. 2 5.38% $13,000
    DSLD MORTGAGE, LLC 2 4.25% $7,390
    Quontic Bank 2 4.38% $16,641
    First United Bank and Trust Company 2 6.63% $11,102
    First State Bank of St. Charles, Missouri 2 3.13% $10,459
    UNIVERSAL MORTGAGE & FINANCE, INC. 2 4.94% $16,542
    TBI MORTGAGE COMPANY 2 4.00% $16,676
    Bethpage Federal Credit Union 2 4.25% $4,421
    First PREMIER Bank 2 5.56% $9,795
    BEST FINANCE CAPITAL, INC. 2 5.00% $12,900
    Midwest Community Bank 2 4.25% $10,125
    MYCUMORTGAGE, LLC 2 4.25% $7,578
    INTERCAP LENDING INC. 2 5.88% $12,463
    First Mortgage Solutions, LLC 2 3.88% $10,162
    Vellum Mortgage, Inc. 2 5.50% $15,387
    GoPrime Mortgage, Inc. 2 5.50% $14,690
    HARBORONE MORTGAGE, LLC 2 4.88% $13,055
    ML Mortgage Corp. 2 4.88% $18,481
    NBH Bank 1 7.25% $11,112
    NASA Federal Credit Union 1 3.88% $8,630
    Old National Bank 1 3.88% $7,731
    MORTGAGE MANAGEMENT CONSULTANTS, INC. 1 4.38% $9,750
    Pacor Mortgage Corp 1 7.63% $9,987
    MORTGAGE FINANCIAL SERVICES, LLC 1 4.50% $8,556
    MJW Financial LLC 1 6.75% $11,086
    MID-ISLAND MORTGAGE CORP. 1 2.75% $16,447
    PERFORMANCE MORTGAGE LLC 1 4.62% $18,291
    PINNACLE LENDING GROUP, INC. 1 3.75% $12,510
    PINNACLE MORTGAGE, INC. 1 3.00% $9,349
    MEGASTAR FINANCIAL CORP. 1 3.50% $9,952
    MDE Home Loans, LLC 1 5.00% $13,270
    MASON MCDUFFIE MORTGAGE CORPORATION 1 5.25% $10,068
    Low VA Rates, LLC 1 6.75% $12,401
    LHM FINANCIAL CORPORATION 1 4.50% $7,097
    Prime Choice Funding Inc. 1 4.25% $10,747
    Key Mortgage Services, Inc. 1 5.25% $7,169
    KEESLER 1 5.25% $9,825
    JMJ FINANCIAL GROUP 1 5.63% $18,191
    JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 1 5.88% $18,170
    Independent Bank 1 6.13% $15,405
    Home Loan Investment Bank, F.S.B. 1 3.25% $18,780
    Republic State Mortgage Co. 1 4.50% $7,957
    Heritage Bank 1 5.00% $13,672
    Alerus Financial 1 3.75% $9,911
    Ross Mortgage Company, Inc. 1 3.13% $10,599
    George Mason Mortgage, LLC 1 3.99% $12,912
    GEO-CORP, INC. 1 5.75% $12,574
    GENNEXT FUNDING, LLC 1 3.63% $8,288
    Franklin Loan Corporation 1 5.13% $14,631
    FM Home Loans, LLC 1 4.75% $10,635
    FIRST WORLD MORTGAGE CORPORATION 1 6.13% $17,310
    Shore United Bank 1 4.63% $15,150
    First Western Trust Bank 1 3.00% $12,300
    SIWELL, INC. 1 3.75% $5,426
    Somerville Bank 1 5.50% $9,177
    FIRST SAVINGS MORTGAGE CORPORATION 1 5.00% $8,923
    First Palmetto Bank 1 3.63% $9,803
    First National Bank Texas 1 5.75% $12,203
    FIRST HERITAGE FINANCIAL, LLC 1 5.75% $14,727
    First-Citizens Bank & Trust Company 1 6.50% $12,110
    FIRSTBANK PUERTO RICO 1 4.75% $12,451
    Financial Funding Solutions, Inc. 1 4.75% $12,783
    Fidelity Bank 1 4.63% $4,470
    Fidelity Bank 1 3.75% $8,429
    FAIR WAY LENDING LLC 1 3.25% $5,362
    EVANSVILLE TEACHERS 1 6.63% $12,407
    Envision Bank 1 5.63% $7,458
    THE MORTGAGE WAREHOUSE,LLC 1 3.50% $10,724
    CLIFFCO, INC. 1 6.25% $16,356
    City Bank 1 5.13% $13,549
    Chickasaw Community Bank 1 4.38% $5,345
    Chicago Financial Services, Inc. 1 5.75% $9,176
    Centier Bank 1 7.13% $8,474
    Union Savings Bank 1 3.25% $9,150
    CapStar Bank 1 6.00% $8,890
    BOKF 1 3.00% $8,107
    BLUELEAF LENDING, LLC 1 3.50% $11,077
    Univest Bank and Trust Co. 1 4.63% $7,594
    Axos Bank 1 6.00% $13,163
    American Midwest Mortgage Corporation 1 3.75% $8,405
    WesBanco 1 4.75% $12,258
    NEW FED MORTGAGE, CORP. 1 4.75% $8,371

    The top Florida FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 7,283 FHA loans originated. Their average total fees are $12,521, which is $895 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Florida FHA lenders (with over 10 loans originated) are CHERRY CREEK MORTGAGE, LLC ($4,422), OCEANSIDE MORTGAGE COMPANY ($5,641), VYSTAR ($6,938), MID AMERICA MORTGAGE, INC. ($7,148) and Lakeview Community Capital, LLC ($7,250).

    The lowest rate Florida FHA lenders (with over 10 loans originated) are MORTGAGE ONE OF THE SOUTH, INC. (3.73%), VILLAGE CAPITAL MORTGAGE (3.80%), First Guaranty Mortgage Corporation (3.83%), Lakeview Community Capital, LLC (3.84%) and AMERICAN ADVISORS GROUP (3.86%).

    Florida FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    GAINESVILLE, FL ALACHUA 2022 $420,680 $538,650 $651,050 $809,150
    JACKSONVILLE, FL BAKER 2022 $432,400 $553,550 $669,100 $831,550
    PANAMA CITY, FL BAY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO BRADFORD 2022 $420,680 $538,650 $651,050 $809,150
    PALM BAY-MELBOURNE-TITUSVILLE, FL BREVARD 2022 $420,680 $538,650 $651,050 $809,150
    MIAMI-FORT LAUDERDALE-POMPANO BEACH, FL BROWARD 2022 $460,000 $588,850 $711,800 $884,600
    NON-METRO CALHOUN 2022 $420,680 $538,650 $651,050 $809,150
    PUNTA GORDA, FL CHARLOTTE 2022 $420,680 $538,650 $651,050 $809,150
    HOMOSASSA SPRINGS, FL CITRUS 2022 $420,680 $538,650 $651,050 $809,150
    JACKSONVILLE, FL CLAY 2022 $432,400 $553,550 $669,100 $831,550
    NAPLES-MARCO ISLAND, FL COLLIER 2022 $552,000 $706,650 $854,200 $1,061,550
    LAKE CITY, FL COLUMBIA 2022 $420,680 $538,650 $651,050 $809,150
    ARCADIA, FL DESOTO 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO DIXIE 2022 $420,680 $538,650 $651,050 $809,150
    JACKSONVILLE, FL DUVAL 2022 $432,400 $553,550 $669,100 $831,550
    PENSACOLA-FERRY PASS-BRENT, FL ESCAMBIA 2022 $420,680 $538,650 $651,050 $809,150
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL FLAGLER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO FRANKLIN 2022 $420,680 $538,650 $651,050 $809,150
    TALLAHASSEE, FL GADSDEN 2022 $420,680 $538,650 $651,050 $809,150
    GAINESVILLE, FL GILCHRIST 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO GLADES 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO GULF 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HAMILTON 2022 $420,680 $538,650 $651,050 $809,150
    WAUCHULA, FL HARDEE 2022 $420,680 $538,650 $651,050 $809,150
    CLEWISTON, FL HENDRY 2022 $420,680 $538,650 $651,050 $809,150
    TAMPA-ST. PETERSBURG-CLEARWATER, FL HERNANDO 2022 $420,680 $538,650 $651,050 $809,150
    SEBRING-AVON PARK, FL HIGHLANDS 2022 $420,680 $538,650 $651,050 $809,150
    TAMPA-ST. PETERSBURG-CLEARWATER, FL HILLSBOROUGH 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HOLMES 2022 $420,680 $538,650 $651,050 $809,150
    SEBASTIAN-VERO BEACH, FL INDIAN RIVER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO JACKSON 2022 $420,680 $538,650 $651,050 $809,150
    TALLAHASSEE, FL JEFFERSON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LAFAYETTE 2022 $420,680 $538,650 $651,050 $809,150
    ORLANDO-KISSIMMEE-SANFORD, FL LAKE 2022 $420,680 $538,650 $651,050 $809,150
    CAPE CORAL-FORT MYERS, FL LEE 2022 $420,680 $538,650 $651,050 $809,150
    TALLAHASSEE, FL LEON 2022 $420,680 $538,650 $651,050 $809,150
    GAINESVILLE, FL LEVY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LIBERTY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MADISON 2022 $420,680 $538,650 $651,050 $809,150
    NORTH PORT-SARASOTA-BRADENTON, FL MANATEE 2022 $420,680 $538,650 $651,050 $809,150
    OCALA, FL MARION 2022 $420,680 $538,650 $651,050 $809,150
    PORT ST. LUCIE, FL MARTIN 2022 $431,250 $552,050 $667,350 $829,350
    MIAMI-FORT LAUDERDALE-POMPANO BEACH, FL MIAMI-DADE 2022 $460,000 $588,850 $711,800 $884,600
    KEY WEST, FL MONROE 2022 $710,700 $909,800 $1,099,750 $1,366,750
    JACKSONVILLE, FL NASSAU 2022 $432,400 $553,550 $669,100 $831,550
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL OKALOOSA 2022 $539,350 $690,450 $834,600 $1,037,200
    OKEECHOBEE, FL OKEECHOBEE 2022 $420,680 $538,650 $651,050 $809,150
    ORLANDO-KISSIMMEE-SANFORD, FL ORANGE 2022 $420,680 $538,650 $651,050 $809,150
    ORLANDO-KISSIMMEE-SANFORD, FL OSCEOLA 2022 $420,680 $538,650 $651,050 $809,150
    MIAMI-FORT LAUDERDALE-POMPANO BEACH, FL PALM BEACH 2022 $460,000 $588,850 $711,800 $884,600
    TAMPA-ST. PETERSBURG-CLEARWATER, FL PASCO 2022 $420,680 $538,650 $651,050 $809,150
    TAMPA-ST. PETERSBURG-CLEARWATER, FL PINELLAS 2022 $420,680 $538,650 $651,050 $809,150
    LAKELAND-WINTER HAVEN, FL POLK 2022 $420,680 $538,650 $651,050 $809,150
    PALATKA, FL PUTNAM 2022 $420,680 $538,650 $651,050 $809,150
    JACKSONVILLE, FL ST. JOHNS 2022 $432,400 $553,550 $669,100 $831,550
    PORT ST. LUCIE, FL ST. LUCIE 2022 $431,250 $552,050 $667,350 $829,350
    PENSACOLA-FERRY PASS-BRENT, FL SANTA ROSA 2022 $420,680 $538,650 $651,050 $809,150
    NORTH PORT-SARASOTA-BRADENTON, FL SARASOTA 2022 $420,680 $538,650 $651,050 $809,150
    ORLANDO-KISSIMMEE-SANFORD, FL SEMINOLE 2022 $420,680 $538,650 $651,050 $809,150
    THE VILLAGES, FL SUMTER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO SUWANNEE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO TAYLOR 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO UNION 2022 $420,680 $538,650 $651,050 $809,150
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL VOLUSIA 2022 $420,680 $538,650 $651,050 $809,150
    TALLAHASSEE, FL WAKULLA 2022 $420,680 $538,650 $651,050 $809,150
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL WALTON 2022 $539,350 $690,450 $834,600 $1,037,200
    NON-METRO WASHINGTON 2022 $420,680 $538,650 $651,050 $809,150
    CLEWISTON, FL HENDRY 2023 $472,030 $604,400 $730,525 $907,900
    GAINESVILLE, FL ALACHUA 2023 $472,030 $604,400 $730,525 $907,900
    JACKSONVILLE, FL BAKER 2023 $526,700 $674,250 $815,050 $1,012,900
    PANAMA CITY, FL BAY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BRADFORD 2023 $472,030 $604,400 $730,525 $907,900
    PALM BAY-MELBOURNE-TITUSVILLE, FL BREVARD 2023 $472,030 $604,400 $730,525 $907,900
    MIAMI-FORT LAUDERDALE-POMPANO BEACH, FL BROWARD 2023 $557,750 $714,000 $863,100 $1,072,600
    NON-METRO CALHOUN 2023 $472,030 $604,400 $730,525 $907,900
    PUNTA GORDA, FL CHARLOTTE 2023 $472,030 $604,400 $730,525 $907,900
    HOMOSASSA SPRINGS, FL CITRUS 2023 $472,030 $604,400 $730,525 $907,900
    JACKSONVILLE, FL CLAY 2023 $526,700 $674,250 $815,050 $1,012,900
    NAPLES-MARCO ISLAND, FL COLLIER 2023 $672,750 $861,250 $1,041,050 $1,293,750
    LAKE CITY, FL COLUMBIA 2023 $472,030 $604,400 $730,525 $907,900
    ARCADIA, FL DESOTO 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO DIXIE 2023 $472,030 $604,400 $730,525 $907,900
    JACKSONVILLE, FL DUVAL 2023 $526,700 $674,250 $815,050 $1,012,900
    PENSACOLA-FERRY PASS-BRENT, FL ESCAMBIA 2023 $472,030 $604,400 $730,525 $907,900
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL FLAGLER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO FRANKLIN 2023 $472,030 $604,400 $730,525 $907,900
    TALLAHASSEE, FL GADSDEN 2023 $472,030 $604,400 $730,525 $907,900
    GAINESVILLE, FL GILCHRIST 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO GLADES 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO GULF 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HAMILTON 2023 $472,030 $604,400 $730,525 $907,900
    WAUCHULA, FL HARDEE 2023 $472,030 $604,400 $730,525 $907,900
    TAMPA-ST. PETERSBURG-CLEARWATER, FL HERNANDO 2023 $472,030 $604,400 $730,525 $907,900
    SEBRING-AVON PARK, FL HIGHLANDS 2023 $472,030 $604,400 $730,525 $907,900
    TAMPA-ST. PETERSBURG-CLEARWATER, FL HILLSBOROUGH 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HOLMES 2023 $472,030 $604,400 $730,525 $907,900
    SEBASTIAN-VERO BEACH, FL INDIAN RIVER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO JACKSON 2023 $472,030 $604,400 $730,525 $907,900
    TALLAHASSEE, FL JEFFERSON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LAFAYETTE 2023 $472,030 $604,400 $730,525 $907,900
    ORLANDO-KISSIMMEE-SANFORD, FL LAKE 2023 $472,030 $604,400 $730,525 $907,900
    CAPE CORAL-FORT MYERS, FL LEE 2023 $472,030 $604,400 $730,525 $907,900
    TALLAHASSEE, FL LEON 2023 $472,030 $604,400 $730,525 $907,900
    GAINESVILLE, FL LEVY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LIBERTY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MADISON 2023 $472,030 $604,400 $730,525 $907,900
    NORTH PORT-SARASOTA-BRADENTON, FL MANATEE 2023 $506,000 $647,750 $783,000 $973,100
    OCALA, FL MARION 2023 $472,030 $604,400 $730,525 $907,900
    PORT ST. LUCIE, FL MARTIN 2023 $500,250 $640,400 $774,100 $962,050
    MIAMI-FORT LAUDERDALE-POMPANO BEACH, FL MIAMI-DADE 2023 $557,750 $714,000 $863,100 $1,072,600
    KEY WEST, FL MONROE 2023 $874,000 $1,118,900 $1,352,450 $1,680,800
    JACKSONVILLE, FL NASSAU 2023 $526,700 $674,250 $815,050 $1,012,900
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL OKALOOSA 2023 $603,750 $772,900 $934,250 $1,161,050
    OKEECHOBEE, FL OKEECHOBEE 2023 $472,030 $604,400 $730,525 $907,900
    ORLANDO-KISSIMMEE-SANFORD, FL ORANGE 2023 $472,030 $604,400 $730,525 $907,900
    ORLANDO-KISSIMMEE-SANFORD, FL OSCEOLA 2023 $472,030 $604,400 $730,525 $907,900
    MIAMI-FORT LAUDERDALE-POMPANO BEACH, FL PALM BEACH 2023 $557,750 $714,000 $863,100 $1,072,600
    TAMPA-ST. PETERSBURG-CLEARWATER, FL PASCO 2023 $472,030 $604,400 $730,525 $907,900
    TAMPA-ST. PETERSBURG-CLEARWATER, FL PINELLAS 2023 $472,030 $604,400 $730,525 $907,900
    LAKELAND-WINTER HAVEN, FL POLK 2023 $472,030 $604,400 $730,525 $907,900
    PALATKA, FL PUTNAM 2023 $472,030 $604,400 $730,525 $907,900
    JACKSONVILLE, FL ST. JOHNS 2023 $526,700 $674,250 $815,050 $1,012,900
    PORT ST. LUCIE, FL ST. LUCIE 2023 $500,250 $640,400 $774,100 $962,050
    PENSACOLA-FERRY PASS-BRENT, FL SANTA ROSA 2023 $472,030 $604,400 $730,525 $907,900
    NORTH PORT-SARASOTA-BRADENTON, FL SARASOTA 2023 $506,000 $647,750 $783,000 $973,100
    ORLANDO-KISSIMMEE-SANFORD, FL SEMINOLE 2023 $472,030 $604,400 $730,525 $907,900
    THE VILLAGES, FL SUMTER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO SUWANNEE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO TAYLOR 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO UNION 2023 $472,030 $604,400 $730,525 $907,900
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL VOLUSIA 2023 $472,030 $604,400 $730,525 $907,900
    TALLAHASSEE, FL WAKULLA 2023 $472,030 $604,400 $730,525 $907,900
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL WALTON 2023 $603,750 $772,900 $934,250 $1,161,050
    NON-METRO WASHINGTON 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).