Missouri FHA Loan Rates, Closing Costs & Stats

Missouri

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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.

    Missouri FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Missouri averaged 6.42% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

    Missouri's average FHA mortgage closing costs are $6,558.

    The average rate for the prior week (2025-03-28) was 6.82% and one month ago for the week of 2025-02-28, the average rate was 6.81%.

    The average rate one year ago was 6.62%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.41%.

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

    Missouri 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 Missouri level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FLAT BRANCH MORTGAGE, INC. 1,468 6.64% $7,725
    QUICKEN LOANS, LLC 1,368 6.38% $9,783
    GUILD MORTGAGE COMPANY 902 6.64% $8,714
    DAS Acquisition Company, LLC 745 6.82% $8,661
    UNITED WHOLESALE MORTGAGE, LLC 674 6.37% $10,256
    BROKER SOLUTIONS, INC. 515 6.83% $9,558
    FREEDOM MORTGAGE CORPORATION 477 6.50% $10,315
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 444 6.60% $7,900
    GERSHMAN INVESTMENT CORP. 393 6.65% $7,681
    PENNYMAC LOAN SERVICES, LLC 373 6.15% $9,243
    JLB CORPORATION 295 6.12% $9,344
    LEADERONE FINANCIAL CORPORATION 285 6.58% $9,761
    The Central Trust Bank 280 6.51% $7,778
    PRIMELENDING, A PLAINSCAPITAL COMPANY 269 6.59% $8,711
    COMMUNITY MORTGAGE, LLC 260 6.23% $7,993
    LOANDEPOT.COM, LLC 205 6.40% $9,813
    NEWREZ LLC 205 6.44% $9,277
    ENDEAVOR CAPITAL, LLC. 169 6.39% $8,784
    Midwest Mortgage Associates Corporation 162 6.59% $6,014
    Prosperity Home Mortgage, LLC 148 6.30% $9,217
    CARDINAL FINANCIAL 144 6.57% $10,584
    Arvest Bank 144 6.35% $7,875
    First State Bank of St. Charles, Missouri 135 6.28% $8,586
    Equity Prime Mortgage LLC 135 7.19% $9,520
    Mortgage Research Center, LLC 134 6.74% $5,514
    Mr. Cooper ( Nationstar Mortgage ) 134 6.54% $11,483
    Flagstar Bank, FSB 133 6.43% $7,341
    COMMUNITYAMERICA 132 6.42% $8,065
    MUTUAL OF OMAHA MORTGAGE, INC. 130 6.42% $13,930
    LAKEVIEW LOAN SERVICING, LLC 119 6.45% $8,331
    GENEVA FINANCIAL, LLC 115 6.76% $10,540
    VILLAGE CAPITAL MORTGAGE 106 6.64% $4,574
    Carrington Mortgage Services, LLC 104 6.42% $10,369
    PLANET HOME LENDING, LLC 103 6.19% $6,287
    CROSSCOUNTRY MORTGAGE, LLC 100 6.53% $9,702
    U.S. Bank 96 6.51% $6,439
    Flanagan State Bank 94 6.75% $8,622
    AMERICAN PACIFIC MORTGAGE CORPORATION 84 6.77% $10,358
    AMERISAVE MORTGAGE CORPORATION 81 6.19% $11,838
    LOANPAL, LLC 80 5.70% $11,177
    Stifel Bank and Trust 80 6.10% $7,885
    EVERETT FINANCIAL, INC. 74 6.91% $9,265
    FAMILY FINANCE MORTGAGE, LLC 73 6.60% $8,788
    MID AMERICA MORTGAGE, INC. 72 6.69% $4,398
    PLAZA HOME MORTGAGE, INC. 71 7.23% $6,797
    First Bank 64 6.37% $8,472
    DELMAR FINANCIAL COMPANY 63 6.63% $8,362
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 63 6.76% $6,407
    SUN WEST MORTGAGE COMPANY, INC. 61 6.56% $10,271
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 60 6.61% $7,674
    GUARANTEED RATE AFFINITY, LLC 58 6.53% $9,486
    Plains Commerce Bank 58 6.76% $9,320
    Gateway First Bank 56 6.78% $7,083
    THOMPSON KANE & COMPANY, LLC 56 6.39% $6,506
    AmeriHome Mortgage Company, LLC 54 6.64% $5,811
    Waterstone Mortgage Corporation 53 6.15% $8,908
    SUMMIT FUNDING, INC. 50 6.67% $10,814
    Paramount Residential Mortgage Group, Inc. 49 6.74% $10,897
    Midwest BankCentre 46 6.08% $7,367
    AMERICAN FINANCIAL NETWORK, INC. 46 6.52% $12,441
    NBKC BANK 45 6.07% $8,327
    ZILLOW HOME LOANS, LLC 44 6.49% $9,956
    HOMESIDE FINANCIAL, LLC 44 6.41% $12,210
    TOWNE MORTGAGE COMPANY 44 6.59% $10,344
    AMERICAN FINANCING CORPORATION 43 5.84% $12,337
    Commerce Bank 43 6.79% $5,775
    Regions Bank 43 6.46% $7,037
    HALLMARK HOME MORTGAGE, LLC 43 6.92% $9,286
    MEGASTAR FINANCIAL CORP. 42 6.40% $8,179
    Springfield First Community Bank 41 6.41% $7,116
    Carrollton Bank 40 6.37% $7,873
    American Mortgage & Equity Consultants, Inc. 37 7.00% $10,138
    BancorpSouth 36 6.45% $6,494
    Great Southern Bank 35 6.20% $6,784
    First State Community Bank 35 6.64% $6,964
    AMERICAN FINANCIAL RESOURCES, INC. 35 6.89% $8,946
    GUARANTEED RATE, INC. 34 6.56% $9,972
    PREMIER MORTGAGE RESOURCES, L.L.C. 33 6.56% $9,052
    Nations Lending Corporation 32 6.82% $9,864
    Bell Bank 31 6.61% $8,532
    Paramount Bank 30 6.47% $8,234
    ACCESS CAPITAL FUNDING, L.L.C. 30 6.38% $6,688
    Hawthorn Bank 29 6.14% $6,116
    HOMEBRIDGE FINANCIAL SERVICES, INC. 29 6.53% $7,013
    UMB Bank 29 6.30% $7,328
    NBH Bank 27 6.43% $4,874
    S1L, Inc. 27 6.47% $10,128
    ASSEMBLIES OF GOD Credit Union 27 6.10% $8,439
    The Federal Savings Bank 25 6.45% $13,286
    First Federal Bank 24 6.29% $7,633
    CMG MORTGAGE, INC. 23 6.62% $12,172
    MORTGAGE SOLUTIONS OF COLORADO, LLC 22 6.86% $12,611
    Mortgage Investment Services Corporation 22 6.66% $5,781
    Mazuma Credit Union 21 6.62% $7,307
    OPEN MORTGAGE, LLC 21 7.05% $7,840
    First Community Bank 20 6.28% $8,437
    Stride Bank 20 6.16% $8,436
    Simmons Bank 19 6.30% $6,911
    T2 FINANCIAL LLC 19 6.57% $9,667
    TruHome Solutions, LLC 19 6.44% $7,734
    UNION HOME MORTGAGE CORP. 18 6.42% $9,555
    JPMorgan Chase Bank 17 6.63% $6,877
    VICTORY MORTGAGE, L.L.C. 17 6.01% $10,057
    North American Savings Bank, F.S.B. 17 6.28% $7,206
    PHH Mortgage Corporation 16 6.73% $10,318
    Armed Forces Bank 16 6.70% $8,235
    Academy Bank 15 6.68% $7,674
    TOP FLITE FINANCIAL, INC. 15 6.78% $11,575
    FIRST COMMUNITY MORTGAGE, INC. 15 6.80% $9,057
    Members Mortgage Services, L.L.C. 15 6.57% $6,471
    Bank of America 14 6.10% $6,490
    ROYAL UNITED MORTGAGE LLC 14 6.49% $9,855
    BAYSHORE MORTGAGE FUNDING, LLC 12 6.94% $10,183
    American Mortgage Bank, LLC 12 6.94% $10,073
    Ameris Bank 12 6.33% $9,543
    CHURCHILL MORTGAGE CORPORATION 12 6.86% $9,054
    FRONTIER FINANCIAL, INC. 12 6.63% $7,800
    NFM, INC. 12 6.98% $11,473
    SOUTHWEST FUNDING, LP 12 7.02% $9,810
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 11 6.63% $7,829
    Midland States Bank 11 6.52% $8,364
    Mid-Continent Funding, Inc. 11 6.45% $9,313
    Wells Fargo Bank 10 6.58% $7,777
    BETTER MORTGAGE CORPORATION 10 6.09% $11,064
    VANDERBILT MORTGAGE AND FINANCE, INC. 10 6.59% $9,568
    CIBC Bank USA 9 6.11% $8,438
    RUOFF MORTGAGE COMPANY, INC. 9 6.06% $6,711
    ON Q FINANCIAL, INC. 9 6.49% $7,994
    Barrington Bank & Trust Company, N.A. 9 6.64% $8,148
    Oakstar Bank 9 6.26% $6,109
    CITY FIRST MORTGAGE SERVICES, L.L.C. 9 6.60% $10,966
    PANORAMA MORTGAGE GROUP, LLC 9 6.99% $9,958
    NEW DAY FINANCIAL, LLC 8 7.68% $8,535
    Texana Bank 8 5.77% $17,363
    Magnolia Bank 8 6.58% $7,706
    US MORTGAGE CORPORATION 8 6.58% $8,760
    PRIMARY RESIDENTIAL MORTGAGE, INC. 8 6.94% $10,788
    NP, Inc. 8 6.77% $11,141
    First National Bank of Omaha 8 6.45% $7,021
    Century Mortgage Company DBA Century Lending Company 8 6.42% $9,190
    FIRST HERITAGE FINANCIAL, LLC 8 5.98% $8,387
    BOKF 8 6.53% $8,514
    Cornerstone First Mortgage, Inc 7 6.45% $7,053
    Ixonia Bank 7 6.16% $8,673
    MOVEMENT MORTGAGE, LLC 7 6.52% $9,561
    Financial Funding Solutions, Inc. 7 6.52% $4,498
    PENTAGON FEDERAL CREDIT UNION 7 6.23% $9,667
    ENVOY MORTGAGE, LTD 7 6.68% $8,294
    First Federal Bank of Kansas City 6 6.33% $7,613
    Bank of Springfield 6 6.10% $6,917
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 6 5.81% $15,923
    OCMBC, INC. 6 7.42% $7,064
    M&T Bank 6 6.56% $6,511
    Home Mortgage Alliance Corp 5 7.35% $8,995
    Servion, Inc. 5 6.55% $7,994
    PNC Bank 5 6.68% $6,942
    FIRST MORTGAGE COMPANY, INC. 5 6.33% $8,250
    The Union Bank Company 5 5.80% $8,816
    WEST COMMUNITY 5 6.53% $4,789
    BAY EQUITY LLC 5 6.65% $9,649
    Southwest Missouri Bank 5 6.50% $5,147
    Associated Bank 5 6.50% $5,522
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 5 6.37% $9,911
    FCB Banks 4 6.19% $6,658
    Golden Empire Mortgage, Inc. 4 6.65% $10,299
    First Horizon Bank 4 6.84% $8,148
    PREMIA MORTGAGE, LLC 4 6.16% $5,399
    SCOTT CREDIT UNION 4 6.16% $6,146
    Sierra Pacific Mortgage Company, Inc. 4 6.28% $7,311
    Sullivan Bank 4 6.31% $8,998
    CANOPY MORTGAGE, LLC 4 6.41% $8,980
    The Loan Store, Inc. 4 6.03% $9,547
    AXIA FINANCIAL, LLC 4 6.97% $10,032
    SIRVA MORTGAGE, INC. 3 6.83% $6,053
    SUCCESS MORTGAGE PARTNERS, INC. 3 6.00% $14,120
    Hometown Equity Mortgage, LLC 3 6.88% $8,877
    Bank of England 3 6.71% $9,369
    United Community Bank 3 6.17% $7,559
    Sunflower Bank 3 6.41% $8,321
    CALCON MUTUAL MORTGAGE LLC 3 6.38% $11,607
    First National Bank and Trust Company 2 5.88% $9,008
    First Option Mortgage, LLC 2 7.50% $7,256
    Citizens Bank 2 6.88% $5,948
    DATA MORTGAGE, INC. 2 6.00% $8,334
    Presidential Bank, FSB 2 6.25% $10,916
    Busey Bank 2 5.75% $4,935
    MICHIGAN MUTUAL, INC. 2 6.75% $10,512
    Pinnacle Bank 2 6.44% $8,078
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.00% $9,749
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 2 6.94% $6,057
    BMO Harris Bank 2 6.63% $6,003
    City Lending Inc. 2 7.25% $6,475
    Old National Bank 2 5.56% $8,574
    Equity Bank 2 5.88% $9,667
    First Financial Bank 2 5.94% $7,454
    Centennial Bank 2 6.19% $7,735
    Great Plains National Bank 1 6.75% $11,275
    ENCORE BANK 1 6.25% $5,737
    City National Bank of Florida 1 6.00% $10,333
    Priority Bank 1 5.63% $8,473
    Renasant Bank 1 7.50% $2,929
    RESIDENTIAL BANCORP 1 5.88% $9,862
    Peoples National Bank , N.A. 1 6.75% $4,452
    Citibank 1 6.88% $7,446
    GREENSTATE CREDIT UNION 1 6.38% $8,061
    SeaTrust Mortgage Company 1 7.63% $8,792
    Leaders Credit Union 1 7.25% $2,528
    Fidelity Bank 1 6.75% $6,775
    ALAMEDA MORTGAGE CORPORATION 1 5.99% $7,325
    Chickasaw Community Bank 1 6.75% $7,826
    Independent Bank 1 7.50% $13,447
    First Mid Bank & Trust 1 6.63% $3,970
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.25% $9,226
    Landmark National Bank 1 5.38% $8,281
    MY MOVE MORTGAGE, LLC 1 6.13% $7,966
    BLUCURRENT 1 6.25% $7,864
    TIB The Independent Bankersbank 1 6.25% $6,592
    TOGETHER CREDIT UNION 1 6.63% $2,250
    First United Bank and Trust Company 1 5.75% $16,828
    MORTGAGEONE, INC. 1 6.25% $9,683
    Bank of Colorado 1 6.50% $14,949
    Integrity Home Mortgage Corp 1 6.63% $11,213

    The top Missouri FHA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 1,468 FHA loans originated. Their average total fees are $7,725, which is $2,058 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Missouri FHA lenders (with over 10 loans originated) are MID AMERICA MORTGAGE, INC. ($4,398), VILLAGE CAPITAL MORTGAGE ($4,574), NBH Bank ($4,874), Mortgage Research Center, LLC ($5,514) and Commerce Bank ($5,775).

    The lowest rate Missouri FHA lenders (with over 10 loans originated) are LOANPAL, LLC (5.70%), AMERICAN FINANCING CORPORATION (5.84%), VICTORY MORTGAGE, L.L.C. (6.01%), NBKC BANK (6.07%) and Midwest BankCentre (6.08%).

    Missouri FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    KIRKSVILLE, MO ADAIR 2022 $420,680 $538,650 $651,050 $809,150
    ST. JOSEPH, MO-KS ANDREW 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ATCHISON 2022 $420,680 $538,650 $651,050 $809,150
    MEXICO, MO AUDRAIN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO BARRY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO BARTON 2022 $420,680 $538,650 $651,050 $809,150
    KANSAS CITY, MO-KS BATES 2022 $431,250 $552,050 $667,350 $829,350
    NON-METRO BENTON 2022 $420,680 $538,650 $651,050 $809,150
    CAPE GIRARDEAU, MO-IL BOLLINGER 2022 $420,680 $538,650 $651,050 $809,150
    COLUMBIA, MO BOONE 2022 $420,680 $538,650 $651,050 $809,150
    ST. JOSEPH, MO-KS BUCHANAN 2022 $420,680 $538,650 $651,050 $809,150
    POPLAR BLUFF, MO BUTLER 2022 $420,680 $538,650 $651,050 $809,150
    KANSAS CITY, MO-KS CALDWELL 2022 $431,250 $552,050 $667,350 $829,350
    JEFFERSON CITY, MO CALLAWAY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CAMDEN 2022 $420,680 $538,650 $651,050 $809,150
    CAPE GIRARDEAU, MO-IL CAPE GIRARDEAU 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CARROLL 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CARTER 2022 $420,680 $538,650 $651,050 $809,150
    KANSAS CITY, MO-KS CASS 2022 $431,250 $552,050 $667,350 $829,350
    NON-METRO CEDAR 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CHARITON 2022 $420,680 $538,650 $651,050 $809,150
    SPRINGFIELD, MO CHRISTIAN 2022 $420,680 $538,650 $651,050 $809,150
    FORT MADISON-KEOKUK, IA-IL-MO CLARK 2022 $420,680 $538,650 $651,050 $809,150
    KANSAS CITY, MO-KS CLAY 2022 $431,250 $552,050 $667,350 $829,350
    KANSAS CITY, MO-KS CLINTON 2022 $431,250 $552,050 $667,350 $829,350
    JEFFERSON CITY, MO COLE 2022 $420,680 $538,650 $651,050 $809,150
    COLUMBIA, MO COOPER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CRAWFORD 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO DADE 2022 $420,680 $538,650 $651,050 $809,150
    SPRINGFIELD, MO DALLAS 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO DAVIESS 2022 $420,680 $538,650 $651,050 $809,150
    ST. JOSEPH, MO-KS DEKALB 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO DENT 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO DOUGLAS 2022 $420,680 $538,650 $651,050 $809,150
    KENNETT, MO DUNKLIN 2022 $420,680 $538,650 $651,050 $809,150
    ST. LOUIS, MO-IL FRANKLIN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO GASCONADE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO GENTRY 2022 $420,680 $538,650 $651,050 $809,150
    SPRINGFIELD, MO GREENE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO GRUNDY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HARRISON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HENRY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HICKORY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HOLT 2022 $420,680 $538,650 $651,050 $809,150
    COLUMBIA, MO HOWARD 2022 $420,680 $538,650 $651,050 $809,150
    WEST PLAINS, MO HOWELL 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO IRON 2022 $420,680 $538,650 $651,050 $809,150
    KANSAS CITY, MO-KS JACKSON 2022 $431,250 $552,050 $667,350 $829,350
    JOPLIN, MO JASPER 2022 $420,680 $538,650 $651,050 $809,150
    ST. LOUIS, MO-IL JEFFERSON 2022 $420,680 $538,650 $651,050 $809,150
    WARRENSBURG, MO JOHNSON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO KNOX 2022 $420,680 $538,650 $651,050 $809,150
    LEBANON, MO LACLEDE 2022 $420,680 $538,650 $651,050 $809,150
    KANSAS CITY, MO-KS LAFAYETTE 2022 $431,250 $552,050 $667,350 $829,350
    NON-METRO LAWRENCE 2022 $420,680 $538,650 $651,050 $809,150
    QUINCY, IL-MO LEWIS 2022 $420,680 $538,650 $651,050 $809,150
    ST. LOUIS, MO-IL LINCOLN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LINN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LIVINGSTON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MCDONALD 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MACON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MADISON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MARIES 2022 $420,680 $538,650 $651,050 $809,150
    HANNIBAL, MO MARION 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MERCER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MILLER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MISSISSIPPI 2022 $420,680 $538,650 $651,050 $809,150
    JEFFERSON CITY, MO MONITEAU 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MONROE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MONTGOMERY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MORGAN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO NEW MADRID 2022 $420,680 $538,650 $651,050 $809,150
    JOPLIN, MO NEWTON 2022 $420,680 $538,650 $651,050 $809,150
    MARYVILLE, MO NODAWAY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO OREGON 2022 $420,680 $538,650 $651,050 $809,150
    JEFFERSON CITY, MO OSAGE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO OZARK 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO PEMISCOT 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO PERRY 2022 $420,680 $538,650 $651,050 $809,150
    SEDALIA, MO PETTIS 2022 $420,680 $538,650 $651,050 $809,150
    ROLLA, MO PHELPS 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO PIKE 2022 $420,680 $538,650 $651,050 $809,150
    KANSAS CITY, MO-KS PLATTE 2022 $431,250 $552,050 $667,350 $829,350
    SPRINGFIELD, MO POLK 2022 $420,680 $538,650 $651,050 $809,150
    FORT LEONARD WOOD, MO PULASKI 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO PUTNAM 2022 $420,680 $538,650 $651,050 $809,150
    HANNIBAL, MO RALLS 2022 $420,680 $538,650 $651,050 $809,150
    MOBERLY, MO RANDOLPH 2022 $420,680 $538,650 $651,050 $809,150
    KANSAS CITY, MO-KS RAY 2022 $431,250 $552,050 $667,350 $829,350
    NON-METRO REYNOLDS 2022 $420,680 $538,650 $651,050 $809,150
    POPLAR BLUFF, MO RIPLEY 2022 $420,680 $538,650 $651,050 $809,150
    ST. LOUIS, MO-IL ST. CHARLES 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ST. CLAIR 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO STE. GENEVIEVE 2022 $420,680 $538,650 $651,050 $809,150
    FARMINGTON, MO ST. FRANCOIS 2022 $420,680 $538,650 $651,050 $809,150
    ST. LOUIS, MO-IL ST. LOUIS 2022 $420,680 $538,650 $651,050 $809,150
    MARSHALL, MO SALINE 2022 $420,680 $538,650 $651,050 $809,150
    KIRKSVILLE, MO SCHUYLER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO SCOTLAND 2022 $420,680 $538,650 $651,050 $809,150
    SIKESTON, MO SCOTT 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO SHANNON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO SHELBY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO STODDARD 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO STONE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO SULLIVAN 2022 $420,680 $538,650 $651,050 $809,150
    BRANSON, MO TANEY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO TEXAS 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO VERNON 2022 $420,680 $538,650 $651,050 $809,150
    ST. LOUIS, MO-IL WARREN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WASHINGTON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WAYNE 2022 $420,680 $538,650 $651,050 $809,150
    SPRINGFIELD, MO WEBSTER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WORTH 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WRIGHT 2022 $420,680 $538,650 $651,050 $809,150
    ST. LOUIS, MO-IL ST. LOUIS CITY 2022 $420,680 $538,650 $651,050 $809,150
    KIRKSVILLE, MO ADAIR 2023 $472,030 $604,400 $730,525 $907,900
    ST. JOSEPH, MO-KS ANDREW 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO ATCHISON 2023 $472,030 $604,400 $730,525 $907,900
    MEXICO, MO AUDRAIN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BARRY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BARTON 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS BATES 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BENTON 2023 $472,030 $604,400 $730,525 $907,900
    CAPE GIRARDEAU, MO-IL BOLLINGER 2023 $472,030 $604,400 $730,525 $907,900
    COLUMBIA, MO BOONE 2023 $472,030 $604,400 $730,525 $907,900
    ST. JOSEPH, MO-KS BUCHANAN 2023 $472,030 $604,400 $730,525 $907,900
    POPLAR BLUFF, MO BUTLER 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS CALDWELL 2023 $472,030 $604,400 $730,525 $907,900
    JEFFERSON CITY, MO CALLAWAY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CAMDEN 2023 $472,030 $604,400 $730,525 $907,900
    CAPE GIRARDEAU, MO-IL CAPE GIRARDEAU 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CARROLL 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CARTER 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS CASS 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CEDAR 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CHARITON 2023 $472,030 $604,400 $730,525 $907,900
    SPRINGFIELD, MO CHRISTIAN 2023 $472,030 $604,400 $730,525 $907,900
    FORT MADISON-KEOKUK, IA-IL-MO CLARK 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS CLAY 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS CLINTON 2023 $472,030 $604,400 $730,525 $907,900
    JEFFERSON CITY, MO COLE 2023 $472,030 $604,400 $730,525 $907,900
    COLUMBIA, MO COOPER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CRAWFORD 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO DADE 2023 $472,030 $604,400 $730,525 $907,900
    SPRINGFIELD, MO DALLAS 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO DAVIESS 2023 $472,030 $604,400 $730,525 $907,900
    ST. JOSEPH, MO-KS DEKALB 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO DENT 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO DOUGLAS 2023 $472,030 $604,400 $730,525 $907,900
    KENNETT, MO DUNKLIN 2023 $472,030 $604,400 $730,525 $907,900
    ST. LOUIS, MO-IL FRANKLIN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO GASCONADE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO GENTRY 2023 $472,030 $604,400 $730,525 $907,900
    SPRINGFIELD, MO GREENE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO GRUNDY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HARRISON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HENRY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HICKORY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HOLT 2023 $472,030 $604,400 $730,525 $907,900
    COLUMBIA, MO HOWARD 2023 $472,030 $604,400 $730,525 $907,900
    WEST PLAINS, MO HOWELL 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO IRON 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS JACKSON 2023 $472,030 $604,400 $730,525 $907,900
    JOPLIN, MO JASPER 2023 $472,030 $604,400 $730,525 $907,900
    ST. LOUIS, MO-IL JEFFERSON 2023 $472,030 $604,400 $730,525 $907,900
    WARRENSBURG, MO JOHNSON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO KNOX 2023 $472,030 $604,400 $730,525 $907,900
    LEBANON, MO LACLEDE 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS LAFAYETTE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LAWRENCE 2023 $472,030 $604,400 $730,525 $907,900
    QUINCY, IL-MO LEWIS 2023 $472,030 $604,400 $730,525 $907,900
    ST. LOUIS, MO-IL LINCOLN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LINN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LIVINGSTON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MCDONALD 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MACON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MADISON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MARIES 2023 $472,030 $604,400 $730,525 $907,900
    HANNIBAL, MO MARION 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MERCER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MILLER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MISSISSIPPI 2023 $472,030 $604,400 $730,525 $907,900
    JEFFERSON CITY, MO MONITEAU 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MONROE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MONTGOMERY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MORGAN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO NEW MADRID 2023 $472,030 $604,400 $730,525 $907,900
    JOPLIN, MO NEWTON 2023 $472,030 $604,400 $730,525 $907,900
    MARYVILLE, MO NODAWAY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO OREGON 2023 $472,030 $604,400 $730,525 $907,900
    JEFFERSON CITY, MO OSAGE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO OZARK 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO PEMISCOT 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO PERRY 2023 $472,030 $604,400 $730,525 $907,900
    SEDALIA, MO PETTIS 2023 $472,030 $604,400 $730,525 $907,900
    ROLLA, MO PHELPS 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO PIKE 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS PLATTE 2023 $472,030 $604,400 $730,525 $907,900
    SPRINGFIELD, MO POLK 2023 $472,030 $604,400 $730,525 $907,900
    FORT LEONARD WOOD, MO PULASKI 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO PUTNAM 2023 $472,030 $604,400 $730,525 $907,900
    HANNIBAL, MO RALLS 2023 $472,030 $604,400 $730,525 $907,900
    MOBERLY, MO RANDOLPH 2023 $472,030 $604,400 $730,525 $907,900
    KANSAS CITY, MO-KS RAY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO REYNOLDS 2023 $472,030 $604,400 $730,525 $907,900
    POPLAR BLUFF, MO RIPLEY 2023 $472,030 $604,400 $730,525 $907,900
    ST. LOUIS, MO-IL ST. CHARLES 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO ST. CLAIR 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO STE. GENEVIEVE 2023 $472,030 $604,400 $730,525 $907,900
    FARMINGTON, MO ST. FRANCOIS 2023 $472,030 $604,400 $730,525 $907,900
    ST. LOUIS, MO-IL ST. LOUIS 2023 $472,030 $604,400 $730,525 $907,900
    MARSHALL, MO SALINE 2023 $472,030 $604,400 $730,525 $907,900
    KIRKSVILLE, MO SCHUYLER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO SCOTLAND 2023 $472,030 $604,400 $730,525 $907,900
    SIKESTON, MO SCOTT 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO SHANNON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO SHELBY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO STODDARD 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO STONE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO SULLIVAN 2023 $472,030 $604,400 $730,525 $907,900
    BRANSON, MO TANEY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO TEXAS 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO VERNON 2023 $472,030 $604,400 $730,525 $907,900
    ST. LOUIS, MO-IL WARREN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO WASHINGTON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO WAYNE 2023 $472,030 $604,400 $730,525 $907,900
    SPRINGFIELD, MO WEBSTER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO WORTH 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO WRIGHT 2023 $472,030 $604,400 $730,525 $907,900
    ST. LOUIS, MO-IL ST. LOUIS CITY 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).