Little Rock FHA Loan Rates, Closing Costs & Stats

LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR

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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.

    Little Rock's 144 lenders originated 2,516 FHA loans during 2024. The total origination value was $568,020,000, with an average FHA loan value of $225,763.

    Little Rock FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Little Rock averaged 6.64% for the week of 2025-07-18, compared to the national average (all FHA variants) of 6.527% for the same period.

    Little Rock's average FHA mortgage closing costs are $6,822.

    The average rate for the prior week (2025-07-11) was 6.84% and one month ago for the week of 2025-06-13, the average rate was 6.8%.

    The average rate one year ago was 6.76%.

    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.

    Little Rock 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 Little Rock level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 207 6.47% $9,863
    FLAT BRANCH MORTGAGE, INC. 126 6.45% $8,505
    Arvest Bank 126 6.41% $8,098
    EUSTIS AND AMERICAN MORTGAGE COMPANY 114 6.42% $10,347
    Eagle Bank and Trust Company 111 6.39% $8,074
    Bank of England 74 6.37% $8,752
    First Community Bank 71 6.10% $10,061
    PENNYMAC LOAN SERVICES, LLC 59 6.11% $8,579
    UNITED WHOLESALE MORTGAGE, LLC 58 6.14% $9,455
    SENTE MORTGAGE, INC. 56 6.50% $9,689
    Centennial Bank 53 6.47% $8,396
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 45 6.55% $10,933
    Simmons Bank 44 6.32% $7,459
    CROSSCOUNTRY MORTGAGE, LLC 44 6.40% $10,455
    FREEDOM MORTGAGE CORPORATION 41 6.55% $9,761
    GUILD MORTGAGE COMPANY 38 6.62% $8,691
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 38 6.43% $7,918
    PILGRIM MORTGAGE LLC 35 6.68% $7,985
    COMMUNITY MORTGAGE CORPORATION 35 6.26% $9,048
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 34 6.68% $10,220
    BROKER SOLUTIONS, INC. 34 6.74% $9,589
    MORTGAGE FINANCIAL SERVICES, LLC 31 6.75% $9,102
    ENCORE BANK 28 6.23% $7,993
    NFM, INC. 27 6.49% $10,369
    GERSHMAN INVESTMENT CORP. 23 6.14% $8,303
    CORNERSTONE HOME LENDING, INC. 23 6.60% $11,244
    Regions Bank 23 6.12% $10,127
    First Security Bank 22 5.97% $6,604
    LOANDEPOT.COM, LLC 21 6.63% $8,787
    American Mortgage & Equity Consultants, Inc. 20 6.95% $11,450
    NEWREZ LLC 19 6.22% $9,193
    GUARANTEED RATE, INC. 18 6.51% $10,735
    Mr. Cooper ( Nationstar Mortgage ) 18 6.47% $11,906
    CMG MORTGAGE, INC. 17 6.46% $8,487
    PRIMARY RESIDENTIAL MORTGAGE, INC. 17 6.96% $8,642
    T2 FINANCIAL LLC 17 6.40% $10,720
    The First National Bank of Fort Smith 16 6.21% $7,234
    AMERISAVE MORTGAGE CORPORATION 15 6.24% $11,118
    First Horizon Bank 14 6.46% $8,009
    Mortgage Research Center, LLC 13 6.67% $5,496
    FIRST COMMUNITY MORTGAGE, INC. 13 6.81% $8,358
    BancorpSouth 12 6.28% $7,083
    Chambers Bank 11 6.09% $7,991
    VILLAGE CAPITAL MORTGAGE 10 6.57% $6,427
    Carrington Mortgage Services, LLC 10 6.34% $9,638
    LOANPAL, LLC 9 5.83% $9,829
    DHI MORTGAGE COMPANY, LTD. 9 5.36% $7,797
    ENDEAVOR CAPITAL, LLC. 8 6.34% $8,472
    Sierra Pacific Mortgage Company, Inc. 8 6.61% $9,235
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 8 6.81% $9,186
    MORTGAGE SOLUTIONS OF COLORADO, LLC 8 6.89% $8,560
    LAKEVIEW LOAN SERVICING, LLC 8 6.34% $8,247
    AmeriHome Mortgage Company, LLC 7 6.61% $6,261
    MID AMERICA MORTGAGE, INC. 7 7.05% $4,972
    AMERICAN FINANCIAL NETWORK, INC. 7 7.45% $11,905
    Gateway First Bank 7 6.59% $6,433
    POLARIS HOME FUNDING CORP. 6 6.60% $11,703
    EVERETT FINANCIAL, INC. 6 6.79% $12,422
    U.S. Bank 6 6.21% $10,655
    Bank OZK 6 6.16% $8,753
    ZILLOW HOME LOANS, LLC 5 6.68% $8,258
    AMERICAN FINANCIAL RESOURCES, INC. 5 6.78% $12,909
    MORTGAGE INVESTORS GROUP, INC. 5 6.62% $8,034
    STOCKTON MORTGAGE CORPORATION 5 6.48% $8,232
    Bank of America 4 6.00% $5,199
    MOVEMENT MORTGAGE, LLC 4 6.50% $9,550
    GMFS LLC 4 6.25% $5,170
    Paramount Residential Mortgage Group, Inc. 4 6.56% $9,918
    The Federal Savings Bank 4 6.41% $17,274
    SWBC MORTGAGE CORPORATION 4 6.84% $8,751
    First Financial Bank 4 6.16% $7,665
    HOMESIDE FINANCIAL, LLC 4 6.34% $9,768
    Wells Fargo Bank 4 5.97% $10,804
    MUTUAL OF OMAHA MORTGAGE, INC. 4 6.25% $11,387
    Residential Acceptance Corporation 3 7.13% $7,115
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.58% $5,936
    ASSOCIATED MORTGAGE CORPORATION 3 6.58% $8,709
    CARDINAL FINANCIAL 3 6.58% $9,273
    Armed Forces Bank 3 6.17% $9,789
    PHH Mortgage Corporation 3 6.50% $8,598
    TELCOE FEDERAL CREDIT UNION 3 6.33% $9,296
    Ameris Bank 2 5.88% $9,536
    Hometown Equity Mortgage, LLC 2 7.75% $10,195
    Lakeview Community Capital, LLC 2 6.50% $8,942
    GENEVA FINANCIAL, LLC 2 7.13% $17,687
    LIBERTY HOME MORTGAGE CORPORATION 2 6.81% $11,313
    Flagstar Bank, FSB 2 6.75% $7,272
    Equity Prime Mortgage LLC 2 6.81% $9,363
    M&T Bank 2 6.38% $7,095
    Nations Lending Corporation 2 5.88% $17,367
    PLANET HOME LENDING, LLC 2 6.31% $4,486
    PREMIA MORTGAGE, LLC 2 6.69% $5,785
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.25% $7,404
    RESIDENTIAL BANCORP 2 6.49% $14,142
    ROYAL UNITED MORTGAGE LLC 2 7.00% $9,155
    Servion, Inc. 2 6.38% $7,120
    SUN WEST MORTGAGE COMPANY, INC. 2 6.50% $5,853
    TOWNE MORTGAGE COMPANY 2 6.19% $7,197
    UNION HOME MORTGAGE CORP. 2 6.69% $9,425
    US MORTGAGE CORPORATION 2 6.63% $7,079
    AMERITRUST MORTGAGE CORPORATION 2 6.50% $10,597
    Plains Commerce Bank 1 6.88% $5,522
    Trustmark National Bank 1 6.38% $7,612
    PLAZA HOME MORTGAGE, INC. 1 8.13% $4,451
    MY MOVE MORTGAGE, LLC 1 6.00% $9,147
    INTERLINC MORTGAGE SERVICES, LLC 1 6.63% $7,937
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 8.25% $6,105
    CANOPY MORTGAGE, LLC 1 6.99% $12,859
    UNITED 1 6.63% $7,599
    Prosperity Home Mortgage, LLC 1 5.63% $11,845
    CALCON MUTUAL MORTGAGE LLC 1 6.25% $10,832
    BMO Harris Bank 1 6.88% $7,119
    RELIANCE FIRST CAPITAL, LLC 1 6.75% $8,632
    DAS Acquisition Company, LLC 1 6.25% $15,708
    FirstTrust Home Loans, Inc. 1 6.25% $4,520
    LEADERONE FINANCIAL CORPORATION 1 7.38% $8,187
    S1L, Inc. 1 6.63% $15,510
    BETTER MORTGAGE CORPORATION 1 5.75% $9,837
    Ixonia Bank 1 6.63% $14,279
    BAYSHORE MORTGAGE FUNDING, LLC 1 6.75% $5,394
    EMM LOANS LLC 1 5.25% $15,488
    SIRVA MORTGAGE, INC. 1 7.25% $9,193
    SOUTHWEST STAGE FUNDING, LLC 1 6.88% $9,187
    Farmers Bank & Trust Company 1 5.63% $9,388
    VAN DYK MORTGAGE CORPORATION 1 6.00% $8,397
    MICHIGAN MUTUAL, INC. 1 6.63% $9,274
    AXIA FINANCIAL, LLC 1 7.25% $12,720
    MEMBER FIRST MORTGAGE, LLC 1 5.13% $15,149
    Texana Bank 1 5.88% $14,282
    Magnolia Bank 1 6.25% $15,649
    Assurance Financial Group, L.L.C. 1 6.75% $6,488
    TOP FLITE FINANCIAL, INC. 1 6.99% $20,317
    VERITAS FUNDING, LLC 1 6.99% $15,235
    Commerce Home Mortgage, Inc. 1 6.25% $6,261
    NEXERA HOLDING LLC 1 6.25% $8,783
    Citizens Bank 1 6.88% $5,510
    OCEANSIDE MORTGAGE COMPANY 1 6.25% $4,202
    OPEN MORTGAGE, LLC 1 7.99% $6,451
    Orion Federal Credit Union 1 6.50% $6,024
    NEW DAY FINANCIAL, LLC 1 7.38% $3,851
    CHURCHILL MORTGAGE CORPORATION 1 7.13% $7,255
    PENTAGON FEDERAL CREDIT UNION 1 6.00% $11,380
    NETWORK CAPITAL FUNDING CORPORATION 1 5.75% $9,794
    Century Mortgage Company DBA Century Lending Company 1 6.38% $11,409

    The top Little Rock FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 207 FHA loans originated. Their average total fees are $9,863, which is $1,358 higher than the next largest lender, FLAT BRANCH MORTGAGE, INC..

    The lowest fee Little Rock FHA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,496), VILLAGE CAPITAL MORTGAGE ($6,427), First Security Bank ($6,604), BancorpSouth ($7,083) and The First National Bank of Fort Smith ($7,234).

    The lowest rate Little Rock FHA lenders (with over 10 loans originated) are First Security Bank (5.97%), Chambers Bank (6.09%), First Community Bank (6.10%), PENNYMAC LOAN SERVICES, LLC (6.11%) and Regions Bank (6.12%).

    Little Rock FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR FAULKNER 2022 $420,680 $538,650 $651,050 $809,150
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR GRANT 2022 $420,680 $538,650 $651,050 $809,150
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR LONOKE 2022 $420,680 $538,650 $651,050 $809,150
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR PERRY 2022 $420,680 $538,650 $651,050 $809,150
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR PULASKI 2022 $420,680 $538,650 $651,050 $809,150
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR SALINE 2022 $420,680 $538,650 $651,050 $809,150
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR FAULKNER 2023 $472,030 $604,400 $730,525 $907,900
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR GRANT 2023 $472,030 $604,400 $730,525 $907,900
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR LONOKE 2023 $472,030 $604,400 $730,525 $907,900
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR PERRY 2023 $472,030 $604,400 $730,525 $907,900
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR PULASKI 2023 $472,030 $604,400 $730,525 $907,900
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR SALINE 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).