Austin FHA Loan Rates, Closing Costs & Stats

AUSTIN-ROUND ROCK-GEORGETOWN, TX

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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.

    Austin's 202 lenders originated 6,862 FHA loans during 2024. The total origination value was $2,394,050,000, with an average FHA loan value of $348,885.

    Austin FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Austin averaged 6.07% for the week of 2025-07-18, compared to the national average (all FHA variants) of 6.527% for the same period.

    Austin's average FHA mortgage closing costs are $10,729.

    The average rate for the prior week (2025-07-11) was 6.27% and one month ago for the week of 2025-06-13, the average rate was 6.53%.

    The average rate one year ago was 6.39%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.3%.

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

    Austin 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 Austin level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 876 4.90% $10,287
    EAGLE HOME MORTGAGE, LLC 875 4.48% $9,066
    CMG MORTGAGE, INC. 358 5.70% $15,885
    UNITED WHOLESALE MORTGAGE, LLC 273 6.08% $16,658
    LOANDEPOT.COM, LLC 273 5.78% $13,616
    VELOCIO MORTGAGE L.L.C. 271 4.90% $13,849
    KBHS HOME LOANS, LLC 258 5.70% $11,317
    INSPIRE HOME LOANS INC. 165 4.92% $11,914
    South Pacific Financial Corporation 163 5.23% $11,282
    PULTE MORTGAGE LLC 138 5.17% $10,580
    SFMC, LP 136 5.88% $13,870
    ADVISA MORTGAGE SERVICES, LTD. 134 5.78% $9,886
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 114 6.61% $14,445
    HOME FINANCING UNLIMITED, INC. 113 5.68% $13,289
    QUICKEN LOANS, LLC 99 6.07% $14,957
    GUILD MORTGAGE COMPANY 89 6.29% $13,825
    FREEDOM MORTGAGE CORPORATION 86 5.95% $15,148
    UNIVERSITY Federal Credit Union 77 6.00% $14,600
    SECURITYNATIONAL MORTGAGE COMPANY 67 6.56% $15,520
    M/I FINANCIAL, LLC 60 5.25% $28,822
    EVERETT FINANCIAL, INC. 58 6.68% $13,549
    Equity Prime Mortgage LLC 58 6.50% $15,171
    HOMEAMERICAN MORTGAGE CORPORATION 55 4.77% $6,443
    MOVEMENT MORTGAGE, LLC 55 5.93% $20,442
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 53 6.22% $10,543
    Network Funding, L.P. 48 6.24% $16,986
    NFM, INC. 48 5.01% $15,665
    NEWREZ LLC 47 6.13% $15,426
    Century Mortgage Company DBA Century Lending Company 45 6.20% $14,520
    INTERLINC MORTGAGE SERVICES, LLC 43 5.96% $7,738
    CLM MORTGAGE, INC 42 5.83% $15,666
    Paramount Residential Mortgage Group, Inc. 41 6.24% $15,565
    PRIMELENDING, A PLAINSCAPITAL COMPANY 40 6.38% $18,285
    PRIORITY HOME MORTGAGE, L.P. 38 5.41% $12,131
    CROSSCOUNTRY MORTGAGE, LLC 35 6.71% $15,416
    LOANPEOPLE, LLC 33 6.50% $14,959
    BROKER SOLUTIONS, INC. 32 6.64% $15,950
    CORNERSTONE HOME LENDING, INC. 29 6.05% $17,106
    PLAZA HOME MORTGAGE, INC. 29 6.46% $15,424
    First United Bank and Trust Company 28 6.21% $16,843
    HOMESIDE FINANCIAL, LLC 28 6.49% $17,139
    PENNYMAC LOAN SERVICES, LLC 24 5.93% $13,304
    GARDNER FINANCIAL SERVICES, LTD. 23 6.22% $18,044
    SOUTHWEST FUNDING, LP 22 6.97% $17,130
    CARDINAL FINANCIAL 20 6.29% $18,403
    Plains Commerce Bank 19 6.48% $16,082
    GEO-CORP, INC. 19 7.70% $20,420
    Republic State Mortgage Co. 19 6.44% $14,632
    MORTGAGE FINANCIAL SERVICES, LLC 19 6.66% $17,954
    The Loan Store, Inc. 18 6.22% $18,617
    Encompass Lending Group, LP 18 6.18% $15,224
    LAKEVIEW LOAN SERVICING, LLC 18 6.27% $10,698
    SeaTrust Mortgage Company 17 6.78% $13,587
    AMERICAN PACIFIC MORTGAGE CORPORATION 17 6.12% $18,142
    FIRST CONTINENTAL MORTGAGE, LTD. 17 5.58% $9,271
    CITY FIRST MORTGAGE SERVICES, L.L.C. 16 6.53% $16,069
    SUN WEST MORTGAGE COMPANY, INC. 16 6.76% $18,261
    Flagstar Bank, FSB 15 6.12% $13,507
    JET HOMELOANS, LLC 15 5.63% $15,021
    AMERICAN FINANCIAL NETWORK, INC. 15 6.24% $15,328
    BAY EQUITY LLC 14 6.33% $10,984
    ZILLOW HOME LOANS, LLC 14 6.05% $14,112
    CRESTMARK MORTGAGE COMPANY, LTD. 13 5.68% $13,937
    Waterstone Mortgage Corporation 12 6.79% $14,672
    Lakeview Community Capital, LLC 12 6.15% $8,616
    PILGRIM MORTGAGE LLC 12 6.02% $14,098
    Golden Empire Mortgage, Inc. 12 5.91% $18,897
    DEVELOPER'S MORTGAGE COMPANY 11 6.27% $11,302
    American Mortgage & Equity Consultants, Inc. 11 6.92% $15,434
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 11 5.93% $18,249
    Loan Simple, Inc. 10 6.46% $15,905
    PLANET HOME LENDING, LLC 10 5.60% $11,162
    GUARANTEED RATE, INC. 10 5.88% $17,490
    First Bank 10 6.41% $17,649
    HOMEOWNERS FINANCIAL GROUP USA, LLC 10 6.15% $16,386
    VILLAGE CAPITAL MORTGAGE 9 6.55% $7,927
    SWBC MORTGAGE CORPORATION 9 6.44% $10,355
    Florida Capital Bank 9 5.90% $17,003
    V.I.P. MORTGAGE, INC. 9 6.14% $14,447
    CALCON MUTUAL MORTGAGE LLC 8 7.11% $17,092
    Alcova Mortgage LLC 8 6.41% $10,193
    DAS Acquisition Company, LLC 8 6.35% $15,774
    Gateway First Bank 8 6.63% $12,695
    SUMMIT FUNDING, INC. 8 6.27% $15,477
    NATIONS RELIABLE LENDING, LLC 8 6.48% $17,870
    MID AMERICA MORTGAGE, INC. 7 6.88% $14,189
    BancorpSouth 7 6.07% $12,847
    AmeriHome Mortgage Company, LLC 7 6.48% $9,646
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 7 6.32% $16,579
    THE MORTGAGE LINK, INC. 7 6.37% $30,062
    AMPLIFY 7 5.93% $14,217
    Sunflower Bank 6 5.79% $18,861
    JPMorgan Chase Bank 6 6.62% $7,227
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 6 6.33% $7,819
    GENEVA FINANCIAL, LLC 6 6.63% $16,659
    T2 FINANCIAL LLC 6 6.50% $12,029
    Assurance Financial Group, L.L.C. 6 6.27% $19,076
    LAND HOME FINANCIAL SERVICES, INC. 5 7.20% $19,568
    Carrington Mortgage Services, LLC 5 6.55% $15,959
    First National Bank Texas 5 6.48% $13,300
    Texas Mortgage Lending, LLC 5 6.27% $11,781
    TOWNE MORTGAGE COMPANY 5 5.88% $13,972
    MUTUAL OF OMAHA MORTGAGE, INC. 5 6.48% $14,215
    UNION HOME MORTGAGE CORP. 5 6.25% $15,836
    AMERICAN FINANCIAL RESOURCES, INC. 5 5.78% $17,180
    Mr. Cooper ( Nationstar Mortgage ) 4 6.13% $10,512
    GUARANTEED RATE AFFINITY, LLC 4 6.41% $13,474
    FIRST COMMUNITY MORTGAGE, INC. 4 6.03% $13,871
    JMAC LENDING, INC. 4 5.56% $18,517
    CANOPY MORTGAGE, LLC 4 6.47% $16,271
    BM Real Estate Services, Inc. 4 6.25% $15,970
    Mortgage Research Center, LLC 4 5.84% $14,513
    RB MORTGAGE LLC 4 6.31% $12,788
    SENTE MORTGAGE, INC. 3 6.88% $17,158
    LEGEND LENDING CORPORATION 3 6.67% $28,013
    U.S. Bank 3 6.00% $19,804
    Pacific Lending LLC 3 6.67% $10,957
    CHURCHILL MORTGAGE CORPORATION 3 6.75% $16,777
    Cornerstone First Mortgage, Inc 3 6.33% $17,395
    FBC MORTGAGE, LLC 3 6.16% $12,157
    NEW FED MORTGAGE, CORP. 3 5.50% $16,991
    City Lending Inc. 3 7.46% $15,159
    SUCCESS MORTGAGE PARTNERS, INC. 3 7.25% $16,358
    Nations Lending Corporation 3 7.54% $14,538
    NBKC BANK 3 5.79% $15,587
    Magnolia Bank 3 6.33% $18,194
    BELEM SERVICING LLC 3 6.75% $12,803
    DIRECTIONS EQUITY, LLC 2 6.62% $7,679
    A+ Federal Credit Union 2 5.94% $13,105
    AHL FUNDING 2 6.06% $16,700
    AMERISAVE MORTGAGE CORPORATION 2 6.75% $16,272
    BAYSHORE MORTGAGE FUNDING, LLC 2 7.06% $21,664
    BETTER MORTGAGE CORPORATION 2 5.56% $12,694
    BOKF 2 6.13% $15,459
    Centennial Bank 2 6.19% $21,381
    City Bank 2 6.38% $12,159
    FIRST COLONY MORTGAGE CORPORATION 2 5.94% $14,260
    First Option Mortgage, LLC 2 6.50% $14,263
    Hamilton Mortgage Corporation 2 6.37% $16,329
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 5.88% $19,819
    Integrity Home Mortgage Corp 2 6.44% $12,816
    INTELLILOAN, INC. 2 6.50% $6,229
    LEADERONE FINANCIAL CORPORATION 2 6.50% $16,941
    NBH Bank 2 6.44% $12,062
    OCMBC, INC. 2 7.63% $15,603
    OPEN MORTGAGE, LLC 2 5.88% $26,822
    PENTAGON FEDERAL CREDIT UNION 2 5.50% $15,154
    PHH Mortgage Corporation 2 5.63% $9,157
    RADIUS FINANCIAL GROUP INC. 2 6.69% $12,229
    S1L, Inc. 2 6.81% $19,947
    Sierra Pacific Mortgage Company, Inc. 2 6.13% $17,290
    SOUTHWEST STAGE FUNDING, LLC 2 5.88% $8,262
    TruHome Solutions, LLC 2 5.88% $13,264
    Wallick & Volk, Inc. 2 6.63% $13,480
    WILLOW BEND MORTGAGE COMPANY, LLC 2 6.25% $13,907
    Northpointe Bank 1 6.00% $22,097
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.13% $14,111
    NexBank 1 6.25% $14,508
    READY MORTGAGE LENDERS, LLC 1 6.88% $14,222
    Regions Bank 1 6.50% $11,609
    NETWORK CAPITAL FUNDING CORPORATION 1 4.88% $29,544
    ROYAL UNITED MORTGAGE LLC 1 6.25% $17,294
    American Mortgage Bank, LLC 1 6.13% $18,292
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.25% $9,038
    MLD MORTGAGE INC. 1 6.50% $11,301
    Semper Home Loans, Inc. 1 5.75% $20,121
    MICHIGAN MUTUAL, INC. 1 5.63% $14,724
    MASON MCDUFFIE MORTGAGE CORPORATION 1 6.13% $15,439
    Wolfe Financial, Inc 1 6.63% $12,739
    Simmons Bank 1 6.63% $15,295
    LOANPAL, LLC 1 5.25% $27,961
    LADERA LENDING, INC. 1 5.75% $10,829
    American Bank of Commerce 1 6.50% $18,269
    Stride Bank 1 6.50% $12,467
    Strong Home Mortgage, LLC 1 5.75% $12,600
    KeyBank 1 6.00% $18,978
    International Bank of Commerce 1 5.63% $16,725
    INTERCAP LENDING INC. 1 6.63% $11,558
    HOMETRUST MORTGAGE COMPANY 1 6.63% $11,976
    HOMESPIRE MORTGAGE CORPORATION 1 5.88% $11,920
    Home Mortgage Alliance Corp 1 5.75% $28,279
    GSF Mortgage Corporation 1 8.13% $21,004
    The Federal Savings Bank 1 6.13% $10,882
    Farmers Bank & Trust Company 1 6.50% $13,942
    Extraco Banks 1 5.75% $11,653
    TJC Mortgage, Inc. 1 6.63% $7,840
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 5.75% $10,396
    AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.63% $18,240
    Truist 1 6.63% $12,255
    Chickasaw Community Bank 1 6.63% $13,335
    Bell Bank 1 6.25% $9,891
    UNIVERSAL LENDING CORPORATION 1 4.99% $14,472
    Bank of America 1 6.88% $9,481
    AXIA FINANCIAL, LLC 1 5.75% $19,940
    AMERITRUST MORTGAGE CORPORATION 1 6.75% $24,653
    PNC Bank 1 7.00% $10,124
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 7.25% $18,862
    ON Q FINANCIAL, INC. 1 6.75% $8,904
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 5.25% $7,422
    Prosperity Bank 1 6.63% $9,104
    Prosperity Home Mortgage, LLC 1 6.63% $15,275
    NORWICH COMMERCIAL GROUP, INC. 1 5.75% $15,988

    The top Austin FHA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 876 FHA loans originated. Their average total fees are $10,287, which is $1,221 higher than the next largest lender, EAGLE HOME MORTGAGE, LLC.

    The lowest fee Austin FHA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION ($6,443), INTERLINC MORTGAGE SERVICES, LLC ($7,738), Lakeview Community Capital, LLC ($8,616), EAGLE HOME MORTGAGE, LLC ($9,066) and FIRST CONTINENTAL MORTGAGE, LTD. ($9,271).

    The lowest rate Austin FHA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.48%), HOMEAMERICAN MORTGAGE CORPORATION (4.77%), VELOCIO MORTGAGE L.L.C. (4.90%), DHI MORTGAGE COMPANY, LTD. (4.90%) and INSPIRE HOME LOANS INC. (4.92%).

    Austin FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    AUSTIN-ROUND ROCK-GEORGETOWN, TX BASTROP 2022 $483,000 $618,300 $747,400 $928,850
    AUSTIN-ROUND ROCK-GEORGETOWN, TX CALDWELL 2022 $483,000 $618,300 $747,400 $928,850
    AUSTIN-ROUND ROCK-GEORGETOWN, TX HAYS 2022 $483,000 $618,300 $747,400 $928,850
    AUSTIN-ROUND ROCK-GEORGETOWN, TX TRAVIS 2022 $483,000 $618,300 $747,400 $928,850
    AUSTIN-ROUND ROCK-GEORGETOWN, TX WILLIAMSON 2022 $483,000 $618,300 $747,400 $928,850
    AUSTIN-ROUND ROCK-GEORGETOWN, TX BASTROP 2023 $571,550 $731,700 $884,450 $1,099,150
    AUSTIN-ROUND ROCK-GEORGETOWN, TX CALDWELL 2023 $571,550 $731,700 $884,450 $1,099,150
    AUSTIN-ROUND ROCK-GEORGETOWN, TX HAYS 2023 $571,550 $731,700 $884,450 $1,099,150
    AUSTIN-ROUND ROCK-GEORGETOWN, TX TRAVIS 2023 $571,550 $731,700 $884,450 $1,099,150
    AUSTIN-ROUND ROCK-GEORGETOWN, TX WILLIAMSON 2023 $571,550 $731,700 $884,450 $1,099,150

    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).