Beaumont FHA Loan Rates, Closing Costs & Stats

BEAUMONT-PORT ARTHUR, 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.

    Beaumont's 87 lenders originated 1,223 FHA loans during 2024. The total origination value was $293,025,000, with an average FHA loan value of $239,595.

    Beaumont FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Beaumont averaged 6.84% for the week of 2025-07-18, compared to the national average (all FHA variants) of 6.527% for the same period.

    Beaumont's average FHA mortgage closing costs are $8,376.

    The average rate for the prior week (2025-07-11) was 6.54% and one month ago for the week of 2025-06-13, the average rate was 6.8%.

    The average rate one year ago was 6.96%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.41%.

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

    Beaumont 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 Beaumont level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 134 6.54% $11,261
    UNITED WHOLESALE MORTGAGE, LLC 121 6.26% $10,995
    CROSSCOUNTRY MORTGAGE, LLC 74 6.80% $11,312
    DHI MORTGAGE COMPANY, LTD. 57 4.74% $8,615
    Flagstar Bank, FSB 54 6.28% $8,854
    EVERETT FINANCIAL, INC. 51 6.84% $10,691
    CANOPY MORTGAGE, LLC 41 6.33% $13,770
    FREEDOM MORTGAGE CORPORATION 39 6.40% $10,414
    FBC MORTGAGE, LLC 38 6.37% $11,696
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 37 6.79% $10,127
    NATIONS RELIABLE LENDING, LLC 37 6.45% $10,880
    QUICKEN LOANS, LLC 37 6.30% $10,925
    OPEN MORTGAGE, LLC 26 6.89% $8,905
    SOUTHWEST FUNDING, LP 23 6.98% $9,619
    Equity Prime Mortgage LLC 22 6.82% $9,815
    American Mortgage Bank, LLC 21 6.59% $9,902
    City Bank 21 6.57% $12,228
    BROKER SOLUTIONS, INC. 19 6.64% $11,585
    Gateway First Bank 16 6.53% $11,074
    CMG MORTGAGE, INC. 12 6.49% $11,837
    Hamilton Mortgage Corporation 12 6.29% $12,841
    AMERICAN FINANCIAL NETWORK, INC. 12 6.71% $12,489
    DSLD MORTGAGE, LLC 11 5.67% $5,902
    First Financial Bank 11 6.45% $9,984
    Network Funding, L.P. 11 7.18% $12,296
    NEWREZ LLC 10 6.55% $9,370
    Century Mortgage Company DBA Century Lending Company 10 6.79% $9,920
    PENNYMAC LOAN SERVICES, LLC 9 6.57% $8,439
    Paramount Residential Mortgage Group, Inc. 7 6.75% $10,534
    RADIUS FINANCIAL GROUP INC. 7 6.50% $9,402
    JPMorgan Chase Bank 7 5.82% $6,368
    SECURITYNATIONAL MORTGAGE COMPANY 6 7.08% $8,706
    V.I.P. MORTGAGE, INC. 6 6.33% $12,010
    PLAZA HOME MORTGAGE, INC. 6 6.79% $10,204
    ZILLOW HOME LOANS, LLC 6 6.88% $8,622
    PRIMELENDING, A PLAINSCAPITAL COMPANY 5 6.70% $12,596
    MORTGAGE FINANCIAL SERVICES, LLC 5 6.50% $11,577
    VILLAGE CAPITAL MORTGAGE 5 5.88% $9,725
    Plains Commerce Bank 4 6.78% $11,328
    AmeriHome Mortgage Company, LLC 4 6.25% $8,056
    HOMESIDE FINANCIAL, LLC 4 6.75% $11,512
    WILLOW BEND MORTGAGE COMPANY, LLC 4 6.81% $10,511
    SUN WEST MORTGAGE COMPANY, INC. 4 6.31% $9,778
    LOANDEPOT.COM, LLC 4 6.97% $9,962
    GUARANTEED RATE, INC. 4 6.16% $11,815
    CARDINAL FINANCIAL 3 6.13% $9,600
    CALCON MUTUAL MORTGAGE LLC 3 6.92% $13,013
    AFFORDABLE MORTGAGE ADVISORS, LLC. 2 6.44% $8,507
    Alcova Mortgage LLC 2 6.44% $8,663
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.50% $10,997
    AMERICAN FINANCING CORPORATION 2 5.81% $14,581
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.69% $5,234
    FIRST COMMUNITY MORTGAGE, INC. 2 7.19% $6,358
    GUARANTEED RATE AFFINITY, LLC 2 6.31% $12,195
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 7.06% $9,569
    HOMETRUST MORTGAGE COMPANY 2 7.56% $11,421
    Loan Simple, Inc. 2 6.31% $13,407
    Mortgage Research Center, LLC 2 6.75% $8,302
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.69% $9,520
    Nations Lending Corporation 2 7.25% $7,760
    SFMC, LP 2 6.69% $14,567
    The Loan Store, Inc. 2 5.88% $11,527
    UNION HOME MORTGAGE CORP. 2 6.19% $11,988
    NBH Bank 1 7.63% $4,962
    NATIONS DIRECT MORTGAGE, LLC 1 5.75% $12,799
    Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $19,669
    PLANET HOME LENDING, LLC 1 6.25% $6,170
    MOVEMENT MORTGAGE, LLC 1 6.25% $10,736
    PNC Bank 1 7.13% $5,900
    MORIA DEVELOPMENT, INC. 1 6.63% $6,616
    LEADERONE FINANCIAL CORPORATION 1 7.13% $7,535
    LAKEVIEW LOAN SERVICING, LLC 1 6.25% $12,241
    S1L, Inc. 1 6.25% $8,124
    SeaTrust Mortgage Company 1 6.00% $14,980
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.63% $14,811
    BancorpSouth 1 6.63% $7,427
    GEO-CORP, INC. 1 7.50% $16,310
    FIDELITY BANK 1 7.13% $10,457
    T2 FINANCIAL LLC 1 6.63% $14,729
    AMERISAVE MORTGAGE CORPORATION 1 5.50% $11,425
    Trinity Oaks Mortgage, LLC 1 6.25% $15,865
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 4.99% $6,824
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 7.00% $12,358
    BankPlus 1 6.13% $5,145
    OCEANSIDE MORTGAGE COMPANY 1 6.25% $2,516
    OCMBC, INC. 1 5.75% $18,140
    NEW FED MORTGAGE, CORP. 1 6.25% $13,474

    The top Beaumont FHA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 134 FHA loans originated. Their average total fees are $11,261, which is $266 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Beaumont FHA lenders (with over 10 loans originated) are DSLD MORTGAGE, LLC ($5,902), DHI MORTGAGE COMPANY, LTD. ($8,615), Flagstar Bank, FSB ($8,854), OPEN MORTGAGE, LLC ($8,905) and NEWREZ LLC ($9,370).

    The lowest rate Beaumont FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.74%), DSLD MORTGAGE, LLC (5.67%), UNITED WHOLESALE MORTGAGE, LLC (6.26%), Flagstar Bank, FSB (6.28%) and Hamilton Mortgage Corporation (6.29%).

    Beaumont FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    BEAUMONT-PORT ARTHUR, TX HARDIN 2022 $420,680 $538,650 $651,050 $809,150
    BEAUMONT-PORT ARTHUR, TX JEFFERSON 2022 $420,680 $538,650 $651,050 $809,150
    BEAUMONT-PORT ARTHUR, TX ORANGE 2022 $420,680 $538,650 $651,050 $809,150
    BEAUMONT-PORT ARTHUR, TX HARDIN 2023 $472,030 $604,400 $730,525 $907,900
    BEAUMONT-PORT ARTHUR, TX JEFFERSON 2023 $472,030 $604,400 $730,525 $907,900
    BEAUMONT-PORT ARTHUR, TX ORANGE 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).