Bloomsburg FHA Loan Rates, Closing Costs & Stats

BLOOMSBURG-BERWICK, PA

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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.

    Bloomsburg's 41 lenders originated 126 FHA loans during 2024. The total origination value was $24,520,000, with an average FHA loan value of $194,603.

    Bloomsburg FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Bloomsburg averaged 6.6% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

    Bloomsburg's average FHA mortgage closing costs are $7,766.

    The average rate for the prior week (2025-03-28) was 6.4% and one month ago for the week of 2025-02-28, the average rate was 6.68%.

    The average rate one year ago was 6.8%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.67%.

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

    Bloomsburg 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 Bloomsburg level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 27 6.34% $9,797
    UNION HOME MORTGAGE CORP. 8 6.91% $9,544
    Fulton Bank 5 6.10% $8,489
    CMG MORTGAGE, INC. 4 6.66% $11,242
    BROKER SOLUTIONS, INC. 4 6.65% $9,509
    NEWREZ LLC 4 6.78% $7,338
    GUILD MORTGAGE COMPANY 4 6.34% $11,155
    Century Mortgage Company DBA Century Lending Company 4 6.56% $9,489
    Waterstone Mortgage Corporation 3 6.83% $11,971
    MICHIGAN MUTUAL, INC. 3 6.63% $10,494
    RADIUS FINANCIAL GROUP INC. 3 7.46% $11,015
    UNITED WHOLESALE MORTGAGE, LLC 3 6.04% $16,029
    FIRST HERITAGE FINANCIAL, LLC 3 6.29% $6,510
    ALLIED MORTGAGE GROUP, INC. 2 6.19% $16,467
    UNITED MORTGAGE CORP 2 7.50% $8,325
    V.I.P. MORTGAGE, INC. 2 6.69% $15,118
    Meridian Bank Corporation 2 6.50% $9,083
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.88% $9,940
    VILLAGE CAPITAL MORTGAGE 2 6.87% $4,513
    LOANDEPOT.COM, LLC 2 7.31% $10,563
    Univest Bank and Trust Co. 1 6.50% $11,578
    NEW DAY FINANCIAL, LLC 1 7.24% $14,389
    Alcova Mortgage LLC 1 6.99% $10,538
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.63% $13,423
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.75% $13,291
    Carrington Mortgage Services, LLC 1 7.25% $12,599
    CROSSCOUNTRY MORTGAGE, LLC 1 6.75% $10,020
    FIDELITY DIRECT MORTGAGE, LLC 1 6.75% $8,192
    First Commonwealth Bank 1 6.25% $10,297
    FREEDOM MORTGAGE CORPORATION 1 7.25% $9,583
    GSF Mortgage Corporation 1 5.25% $6,585
    LAKEVIEW LOAN SERVICING, LLC 1 6.75% $8,448
    LIBERTY HOME MORTGAGE CORPORATION 1 7.63% $14,811
    LOANPAL, LLC 1 5.25% $14,707
    MILEND, INC. 1 5.63% $19,727
    M&T Bank 1 6.00% $6,755
    ABSOLUTE HOME MORTGAGE CORPORATION 1 6.63% $10,799
    PENNYMAC LOAN SERVICES, LLC 1 6.50% $8,405
    Plains Commerce Bank 1 6.25% $9,349
    Prosperity Home Mortgage, LLC 1 6.13% $7,547
    TD Bank 1 6.88% $6,545

    The top Bloomsburg FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 27 FHA loans originated. Their average total fees are $9,797, which is $253 higher than the next largest lender, UNION HOME MORTGAGE CORP..

    The lowest fee Bloomsburg FHA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($9,797), .

    The lowest rate Bloomsburg FHA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.34%), .

    Bloomsburg FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    BLOOMSBURG-BERWICK, PA COLUMBIA 2022 $420,680 $538,650 $651,050 $809,150
    BLOOMSBURG-BERWICK, PA MONTOUR 2022 $420,680 $538,650 $651,050 $809,150
    BLOOMSBURG-BERWICK, PA COLUMBIA 2023 $472,030 $604,400 $730,525 $907,900
    BLOOMSBURG-BERWICK, PA MONTOUR 2023 $472,030 $604,400 $730,525 $907,900

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Bloomsburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $146,725 (8.1%) $187,844 (4.1%) 0.00 246
    2018-02-01 $137,500 (-0.3%) $188,433 (0.6%) 0.00 217
    2018-03-01 $139,900 (-10.5%) $191,042 (-2.7%) 0.00 201
    2018-04-01 $143,725 (-10.1%) $213,284 (7.0%) 0.00 191
    2018-05-01 $150,625 (-5.8%) $217,990 (9.2%) 0.00 189
    2018-06-01 $143,100 (-9.5%) $215,151 (9.6%) 0.00 199
    2018-07-01 $147,900 (-4.0%) $214,187 (10.1%) 0.00 216
    2018-08-01 $154,950 (3.4%) $213,471 (10.0%) 0.00 218
    2018-09-01 $164,900 (10.0%) $222,802 (15.1%) 0.00 212
    2018-10-01 $159,900 (10.3%) $202,154 (6.5%) 0.00 228
    2018-11-01 $159,900 (6.9%) $198,887 (4.4%) 0.00 220
    2018-12-01 $157,200 (5.3%) $194,111 (2.8%) 0.00 215
    2019-01-01 $149,900 (2.2%) $189,075 (0.7%) 0.00 209
    2019-02-01 $150,000 (9.1%) $192,979 (2.4%) 0.00 183
    2019-03-01 $166,786 (19.2%) $203,781 (6.7%) 0.00 179
    2019-04-01 $179,286 (24.7%) $217,155 (1.8%) 0.00 176
    2019-05-01 $177,450 (17.8%) $213,296 (-2.2%) 0.00 190
    2019-06-01 $169,900 (18.7%) $206,364 (-4.1%) 0.00 196
    2019-07-01 $171,950 (16.3%) $199,945 (-6.7%) 0.00 198
    2019-08-01 $167,314 (8.0%) $199,044 (-6.8%) 0.00 199
    2019-09-01 $160,359 (-2.8%) $198,246 (-11.0%) 0.00 192
    2019-10-01 $154,675 (-3.3%) $197,515 (-2.3%) 0.00 196
    2019-11-01 $154,950 (-3.1%) $190,852 (-4.0%) 0.00 190
    2019-12-01 $149,900 (-4.6%) $184,986 (-4.7%) 0.00 172
    2020-01-01 $149,900 (0.0%) $189,819 (0.4%) 0.00 156
    2020-02-01 $149,900 (-0.1%) $189,185 (-2.0%) 0.00 144
    2020-03-01 $167,400 (0.4%) $205,731 (1.0%) 0.00 133
    2020-04-01 $179,900 (0.3%) $216,192 (-0.4%) 0.00 121
    2020-05-01 $174,950 (-1.4%) $219,997 (3.1%) 0.00 120
    2020-06-01 $174,900 (2.9%) $216,314 (4.8%) 0.00 115
    2020-07-01 $174,900 (1.7%) $208,819 (4.4%) 0.00 110
    2020-08-01 $166,450 (-0.5%) $212,909 (7.0%) 0.00 116
    2020-09-01 $181,150 (13.0%) $220,662 (11.3%) 0.00 104
    2020-10-01 $172,450 (11.5%) $219,544 (11.2%) 0.00 95
    2020-11-01 $163,750 (5.7%) $220,506 (15.5%) 0.00 98
    2020-12-01 $165,000 (10.1%) $218,817 (18.3%) 0.00 103
    2021-01-01 $165,000 (10.1%) $214,686 (13.1%) 0.00 98
    2021-02-01 $169,900 (13.3%) $216,594 (14.5%) 0.00 79
    2021-03-01 $179,450 (7.2%) $230,920 (12.2%) 0.00 69
    2021-04-01 $185,450 (3.1%) $251,714 (16.4%) 0.00 61
    2021-05-01 $179,900 (2.8%) $256,693 (16.7%) 0.00 66
    2021-06-01 $169,450 (-3.1%) $230,794 (6.7%) 0.00 73
    2021-07-01 $189,000 (8.1%) $254,782 (22.0%) 0.00 91
    2021-08-01 $209,725 (26.0%) $303,757 (42.7%) 0.00 74
    2021-09-01 $205,000 (13.2%) $289,460 (31.2%) 0.00 68
    2021-10-01 $210,000 (21.8%) $292,690 (33.3%) 0.00 72
    2021-11-01 $191,675 (17.1%) $264,429 (19.9%) 0.00 71
    2021-12-01 $193,450 (17.2%) $271,178 (23.9%) 0.00 63
    2022-01-01 $193,450 (17.2%) $299,408 (39.5%) 0.00 47
    2022-02-01 $171,175 (0.8%) $255,691 (18.1%) 0.00 45
    2022-03-01 $169,950 (-5.3%) $235,167 (1.8%) 0.00 42
    2022-04-01 $175,000 (-5.6%) $261,053 (3.7%) 0.00 43
    2022-05-01 $215,600 (19.8%) $299,434 (16.7%) 0.00 49
    2022-06-01 $254,675 (50.3%) $329,759 (42.9%) 0.00 64
    2022-07-01 $229,000 (21.2%) $315,489 (23.8%) 0.00 73
    2022-08-01 $244,925 (16.8%) $320,352 (5.5%) 0.00 74
    2022-09-01 $238,925 (16.6%) $293,050 (1.2%) 0.00 77
    2022-10-01 $244,000 (16.2%) $312,346 (6.7%) 0.00 75
    2022-11-01 $239,450 (24.9%) $287,397 (8.7%) 0.00 75
    2022-12-01 $229,900 (18.8%) $266,719 (-1.6%) 0.00 79
    2023-01-01 $212,325 (9.8%) $252,301 (-15.7%) 0.00 60
    2023-02-01 $231,225 (35.1%) $262,980 (2.9%) 0.00 52
    2023-03-01 $205,725 (21.1%) $265,975 (13.1%) 0.00 45
    2023-04-01 $207,250 (18.4%) $262,160 (0.4%) 0.00 49
    2023-05-01 $206,175 (-4.4%) $257,823 (-13.9%) 0.00 48
    2023-06-01 $232,175 (-8.8%) $256,781 (-22.1%) 0.00 52
    2023-07-01 $234,900 (2.6%) $275,157 (-12.8%) 0.00 45
    2023-08-01 $235,675 (-3.8%) $257,797 (-19.5%) 0.00 51
    2023-09-01 $229,000 (-4.2%) $264,054 (-9.9%) 0.00 54
    2023-10-01 $224,950 (-7.8%) $264,963 (-15.2%) 0.00 63
    2023-11-01 $220,375 (-8.0%) $264,933 (-7.8%) 0.00 65
    2023-12-01 $212,250 (-7.7%) $253,895 (-4.8%) 0.00 64
    2024-01-01 $254,900 (20.1%) $294,544 (16.7%) 0.00 49
    2024-02-01 $254,675 (10.1%) $293,499 (11.6%) 0.00 48
    2024-03-01 $265,000 (28.8%) $293,587 (10.4%) 0.00 54
    2024-04-01 $245,000 (18.2%) $279,734 (6.7%) 0.00 56
    2024-05-01 $253,475 (22.9%) $315,732 (22.5%) 0.00 57
    2024-06-01 $245,000 (5.5%) $311,798 (21.4%) 0.00 62
    2024-07-01 $239,725 (2.1%) $301,440 (9.6%) 0.00 62
    2024-08-01 $236,750 (0.5%) $294,092 (14.1%) 0.00 61
    2024-09-01 $221,200 (-3.4%) $293,996 (11.3%) 0.00 69
    2024-10-01 $220,000 (-2.2%) $289,242 (9.2%) 0.00 73
    2024-11-01 $249,900 (13.4%) $291,283 (10.0%) 0.00 84
    2024-12-01 $249,900 (17.7%) $295,830 (16.5%) 0.00 85
    2025-01-01 $232,450 (-8.8%) $298,557 (1.4%) 0.00 69
    2025-02-01 $274,900 (7.9%) $309,562 (5.5%) 0.00 62
    2025-03-01 $284,900 (7.5%) $337,357 (14.9%) 0.00 56
    Bloomsburg's median listing price for 2025-03-01 was $284,900, a difference of $19,900 (7.5%) versus the prior year and $10,000 versus the prior month.

    Bloomsburg's median listing price comes in at 0% of the national average.

    Bloomsburg's average listing price for 2025-03-01 was $337,357, a difference of $43,770 (14.9%) versus the prior year and $27,795 versus the prior month.

    For the 2025-03-01 period, Bloomsburg had 56 MLS listings, a difference of -6 listings (-10%) versus the prior month and 2 listings (4%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bloomsburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,602 sqft
    2018-02-01 0 days 1,562 sqft
    2018-03-01 0 days 1,586 sqft
    2018-04-01 0 days 1,629 sqft
    2018-05-01 0 days 1,657 sqft
    2018-06-01 0 days 1,669 sqft
    2018-07-01 0 days 1,619 sqft
    2018-08-01 0 days 1,638 sqft
    2018-09-01 0 days 1,693 sqft
    2018-10-01 0 days 1,665 sqft
    2018-11-01 0 days 1,684 sqft
    2018-12-01 0 days 1,673 sqft
    2019-01-01 0 days 1,676 sqft
    2019-02-01 0 days 1,688 sqft
    2019-03-01 0 days 1,734 sqft
    2019-04-01 0 days 1,814 sqft
    2019-05-01 0 days 1,752 sqft
    2019-06-01 0 days 1,704 sqft
    2019-07-01 0 days 1,681 sqft
    2019-08-01 0 days 1,661 sqft
    2019-09-01 0 days 1,626 sqft
    2019-10-01 0 days 1,606 sqft
    2019-11-01 0 days 1,582 sqft
    2019-12-01 0 days 1,595 sqft
    2020-01-01 0 days 1,609 sqft
    2020-02-01 0 days 1,624 sqft
    2020-03-01 0 days 1,656 sqft
    2020-04-01 0 days 1,675 sqft
    2020-05-01 0 days 1,628 sqft
    2020-06-01 0 days 1,615 sqft
    2020-07-01 0 days 1,614 sqft
    2020-08-01 0 days 1,688 sqft
    2020-09-01 0 days 1,727 sqft
    2020-10-01 0 days 1,728 sqft
    2020-11-01 0 days 1,602 sqft
    2020-12-01 0 days 1,598 sqft
    2021-01-01 0 days 1,617 sqft
    2021-02-01 0 days 1,708 sqft
    2021-03-01 0 days 1,690 sqft
    2021-04-01 0 days 1,738 sqft
    2021-05-01 0 days 1,708 sqft
    2021-06-01 0 days 1,564 sqft
    2021-07-01 0 days 1,605 sqft
    2021-08-01 0 days 1,702 sqft
    2021-09-01 0 days 1,790 sqft
    2021-10-01 0 days 1,752 sqft
    2021-11-01 0 days 1,616 sqft
    2021-12-01 0 days 1,670 sqft
    2022-01-01 0 days 1,700 sqft
    2022-02-01 0 days 1,602 sqft
    2022-03-01 0 days 1,570 sqft
    2022-04-01 0 days 1,512 sqft
    2022-05-01 0 days 1,728 sqft
    2022-06-01 0 days 1,800 sqft
    2022-07-01 0 days 1,827 sqft
    2022-08-01 0 days 1,940 sqft
    2022-09-01 0 days 1,825 sqft
    2022-10-01 0 days 1,783 sqft
    2022-11-01 0 days 1,790 sqft
    2022-12-01 0 days 1,745 sqft
    2023-01-01 0 days 1,752 sqft
    2023-02-01 0 days 1,799 sqft
    2023-03-01 0 days 1,795 sqft
    2023-04-01 0 days 1,798 sqft
    2023-05-01 0 days 1,711 sqft
    2023-06-01 0 days 1,714 sqft
    2023-07-01 0 days 1,763 sqft
    2023-08-01 0 days 1,683 sqft
    2023-09-01 0 days 1,704 sqft
    2023-10-01 0 days 1,719 sqft
    2023-11-01 0 days 1,693 sqft
    2023-12-01 0 days 1,668 sqft
    2024-01-01 0 days 1,731 sqft
    2024-02-01 0 days 1,834 sqft
    2024-03-01 0 days 1,856 sqft
    2024-04-01 0 days 1,820 sqft
    2024-05-01 0 days 1,720 sqft
    2024-06-01 0 days 1,744 sqft
    2024-07-01 0 days 1,668 sqft
    2024-08-01 0 days 1,688 sqft
    2024-09-01 0 days 1,672 sqft
    2024-10-01 0 days 1,712 sqft
    2024-11-01 0 days 1,698 sqft
    2024-12-01 0 days 1,701 sqft
    2025-01-01 0 days 1,711 sqft
    2025-02-01 0 days 1,724 sqft
    2025-03-01 0 days 1,721 sqft
    Bloomsburg's median listing age (time on market) for 2025-03-01 was 0 days.

    Bloomsburg's median square footage for active listings during the 2025-03-01 period was 1,721 sqft. One year prior, the average listing was 1,856 sqft.

    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).