Green Bay FHA Loan Rates, Closing Costs & Stats

GREEN BAY, WI

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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.

    Green Bay's 71 lenders originated 400 FHA loans during 2024. The total origination value was $100,640,000, with an average FHA loan value of $251,600.

    Green Bay FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Green Bay averaged 6.81% for the week of 2025-07-18, compared to the national average (all FHA variants) of 6.527% for the same period.

    Green Bay's average FHA mortgage closing costs are $6,622.

    The average rate for the prior week (2025-07-11) was 6.71% and one month ago for the week of 2025-06-13, the average rate was 6.97%.

    The average rate one year ago was 6.93%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.6%.

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

    Green Bay 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 Green Bay level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 42 6.20% $10,599
    FIRST COLONY MORTGAGE CORPORATION 37 6.61% $9,846
    QUICKEN LOANS, LLC 37 6.33% $11,097
    V.I.P. MORTGAGE, INC. 23 6.46% $8,995
    CROSSCOUNTRY MORTGAGE, LLC 16 6.99% $9,102
    Associated Bank 14 6.38% $6,499
    GUILD MORTGAGE COMPANY 13 6.51% $8,374
    Flagstar Bank, FSB 13 6.64% $7,941
    GUARANTEED RATE, INC. 12 6.61% $8,236
    CARDINAL FINANCIAL 10 7.00% $10,784
    FREEDOM MORTGAGE CORPORATION 10 6.40% $10,690
    Nations Lending Corporation 9 6.85% $8,254
    BROKER SOLUTIONS, INC. 9 6.58% $14,537
    MOVEMENT MORTGAGE, LLC 9 6.76% $9,603
    LOANDEPOT.COM, LLC 7 6.34% $9,602
    Waterstone Mortgage Corporation 6 7.15% $9,697
    U.S. Bank 5 6.25% $8,709
    Carrington Mortgage Services, LLC 5 6.58% $11,043
    MICHIGAN MUTUAL, INC. 5 6.90% $7,452
    ENDEAVOR CAPITAL, LLC. 4 6.41% $9,039
    LAKEVIEW LOAN SERVICING, LLC 4 6.25% $11,388
    PENNYMAC LOAN SERVICES, LLC 4 5.50% $11,427
    AmeriHome Mortgage Company, LLC 3 6.25% $11,530
    AMERICAN PACIFIC MORTGAGE CORPORATION 3 7.00% $9,123
    HOMESIDE FINANCIAL, LLC 3 5.75% $19,008
    TOWNE MORTGAGE COMPANY 3 6.42% $13,705
    Mr. Cooper ( Nationstar Mortgage ) 3 6.58% $15,361
    Paramount Residential Mortgage Group, Inc. 3 6.46% $8,284
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.54% $8,004
    JPMorgan Chase Bank 2 6.56% $4,828
    Equity Prime Mortgage LLC 2 6.75% $8,601
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.50% $17,345
    GUARANTEED RATE AFFINITY, LLC 2 6.69% $7,591
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.63% $11,796
    VILLAGE CAPITAL MORTGAGE 2 6.37% $6,906
    AMERICAN FINANCIAL NETWORK, INC. 2 6.19% $18,942
    Bank Five Nine 2 6.38% $9,800
    Wolfe Financial, Inc 1 6.50% $12,405
    American Mortgage & Equity Consultants, Inc. 1 8.25% $5,080
    AMERISAVE MORTGAGE CORPORATION 1 6.50% $12,101
    Bank of England 1 6.63% $7,667
    Barrington Bank & Trust Company, N.A. 1 6.75% $8,942
    Bell Bank 1 6.75% $12,930
    BMO Harris Bank 1 7.50% $7,623
    Century Mortgage Company DBA Century Lending Company 1 6.38% $10,120
    CHURCHILL MORTGAGE CORPORATION 1 7.13% $7,749
    CMG MORTGAGE, INC. 1 5.99% $8,060
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.88% $7,258
    EMM LOANS LLC 1 5.99% $14,468
    ENVOY MORTGAGE, LTD 1 7.63% $9,780
    Fifth Third Bank 1 6.25% $8,865
    GENEVA FINANCIAL, LLC 1 6.00% $14,467
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.25% $5,153
    Home State Bank 1 6.63% $6,802
    Ixonia Bank 1 6.63% $6,143
    Lakeview Community Capital, LLC 1 5.99% $11,974
    LIBERTY HOME MORTGAGE CORPORATION 1 6.88% $18,807
    Mortgage Research Center, LLC 1 6.63% $3,335
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.25% $19,884
    M&T Bank 1 6.25% $5,844
    NATIONS RELIABLE LENDING, LLC 1 7.38% $10,857
    NEWREZ LLC 1 6.63% $4,745
    PHH Mortgage Corporation 1 7.00% $10,081
    Plains Commerce Bank 1 6.75% $7,051
    PLANET HOME LENDING, LLC 1 6.13% $4,924
    PLAZA HOME MORTGAGE, INC. 1 6.13% $6,158
    POINT Mortgage 1 7.38% $9,469
    Prosperity Home Mortgage, LLC 1 6.00% $11,849
    SECURITYNATIONAL MORTGAGE COMPANY 1 7.13% $13,747
    Sierra Pacific Mortgage Company, Inc. 1 6.75% $10,353
    SUN WEST MORTGAGE COMPANY, INC. 1 6.50% $7,075

    The top Green Bay FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 42 FHA loans originated. Their average total fees are $10,599, which is $754 higher than the next largest lender, FIRST COLONY MORTGAGE CORPORATION.

    The lowest fee Green Bay FHA lenders (with over 10 loans originated) are Associated Bank ($6,499), Flagstar Bank, FSB ($7,941), GUARANTEED RATE, INC. ($8,236), GUILD MORTGAGE COMPANY ($8,374) and V.I.P. MORTGAGE, INC. ($8,995).

    The lowest rate Green Bay FHA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.20%), QUICKEN LOANS, LLC (6.33%), Associated Bank (6.38%), FREEDOM MORTGAGE CORPORATION (6.40%) and V.I.P. MORTGAGE, INC. (6.46%).

    Green Bay FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    GREEN BAY, WI BROWN 2022 $420,680 $538,650 $651,050 $809,150
    GREEN BAY, WI KEWAUNEE 2022 $420,680 $538,650 $651,050 $809,150
    GREEN BAY, WI OCONTO 2022 $420,680 $538,650 $651,050 $809,150
    GREEN BAY, WI BROWN 2023 $472,030 $604,400 $730,525 $907,900
    GREEN BAY, WI KEWAUNEE 2023 $472,030 $604,400 $730,525 $907,900
    GREEN BAY, WI OCONTO 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).