Bremerton FHA Loan Rates, Closing Costs & Stats
BREMERTON-SILVERDALE-PORT ORCHARD, WA
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.
Bremerton's 76 lenders originated 531 FHA loans during 2024. The total origination value was $214,035,000, with an average FHA loan value of $403,079.
Bremerton FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Bremerton
averaged
6.18%
for the week of 2025-04-04, compared to the national average (all FHA variants) of
6.259% for the same period.
Bremerton's average FHA mortgage closing costs are $11,579.
The average rate for the prior week (2025-03-28) was
6.38% and
one month ago for the week of 2025-02-28, the
average rate was 6.06%.
The average rate one year ago was 6.38%.
For refis of the same type during the week of 2025-04-04, the average rate
was 5.98%.
Bremerton 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 Bremerton level.
The top Bremerton FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
40 FHA loans originated. Their average total fees are
$18,028, which is $1,977
higher than the next largest lender,
MOVEMENT MORTGAGE, LLC.
The lowest fee Bremerton FHA lenders (with over 10 loans originated) are
MID AMERICA MORTGAGE, INC. ($8,902), DHI MORTGAGE COMPANY, LTD. ($11,809), EAGLE HOME MORTGAGE, LLC ($13,193), QUICKEN LOANS, LLC ($13,801) and GUILD MORTGAGE COMPANY ($14,638).
The lowest rate Bremerton FHA lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC (5.37%), DHI MORTGAGE COMPANY, LTD. (5.45%), UNITED WHOLESALE MORTGAGE, LLC (5.83%), NEWREZ LLC (6.16%) and GUILD MORTGAGE COMPANY (6.28%).
Bremerton FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
BREMERTON-SILVERDALE-PORT ORCHARD, WA | KITSAP | 2022 | $497,950 | $637,450 | $770,550 | $957,600 |
BREMERTON-SILVERDALE-PORT ORCHARD, WA | KITSAP | 2023 | $563,500 | $721,400 | $872,000 | $1,083,650 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Bremerton (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $400,374 (14.6%) | $528,023 (12.3%) | 1.48 | 341 |
2018-02-01 | $404,794 (14.0%) | $527,465 (9.5%) | 1.47 | 328 |
2018-03-01 | $399,888 (7.7%) | $523,174 (3.1%) | 1.40 | 320 |
2018-04-01 | $422,250 (5.8%) | $584,378 (6.5%) | 1.43 | 332 |
2018-05-01 | $455,495 (13.9%) | $616,063 (7.2%) | 1.52 | 424 |
2018-06-01 | $433,000 (8.3%) | $589,054 (3.2%) | 1.44 | 475 |
2018-07-01 | $439,500 (10.2%) | $585,513 (5.6%) | 1.47 | 549 |
2018-08-01 | $427,000 (5.1%) | $569,025 (2.4%) | 1.43 | 623 |
2018-09-01 | $409,975 (5.4%) | $539,643 (-0.2%) | 1.38 | 679 |
2018-10-01 | $414,444 (10.7%) | $545,652 (3.1%) | 1.40 | 663 |
2018-11-01 | $409,894 (13.5%) | $539,779 (5.6%) | 1.39 | 587 |
2018-12-01 | $409,900 (9.3%) | $528,300 (-1.1%) | 1.41 | 492 |
2019-01-01 | $415,944 (3.9%) | $521,598 (-1.2%) | 1.44 | 409 |
2019-02-01 | $444,995 (9.9%) | $554,403 (5.1%) | 1.50 | 384 |
2019-03-01 | $467,601 (16.9%) | $589,697 (12.7%) | 1.53 | 383 |
2019-04-01 | $476,291 (12.8%) | $630,683 (7.9%) | 1.51 | 425 |
2019-05-01 | $472,450 (3.7%) | $649,878 (5.5%) | 1.48 | 511 |
2019-06-01 | $485,000 (12.0%) | $689,689 (17.1%) | 1.52 | 542 |
2019-07-01 | $488,688 (11.2%) | $691,915 (18.2%) | 1.53 | 561 |
2019-08-01 | $487,205 (14.1%) | $683,654 (20.1%) | 1.54 | 574 |
2019-09-01 | $483,124 (17.8%) | $672,399 (24.6%) | 1.55 | 576 |
2019-10-01 | $477,475 (15.2%) | $653,297 (19.7%) | 1.54 | 574 |
2019-11-01 | $464,900 (13.4%) | $634,269 (17.5%) | 1.52 | 538 |
2019-12-01 | $447,975 (9.3%) | $602,156 (14.0%) | 1.49 | 410 |
2020-01-01 | $456,444 (9.7%) | $601,625 (15.3%) | 1.53 | 356 |
2020-02-01 | $455,888 (2.5%) | $618,684 (11.6%) | 1.49 | 334 |
2020-03-01 | $474,125 (1.4%) | $613,437 (4.0%) | 1.49 | 398 |
2020-04-01 | $488,475 (2.6%) | $615,789 (-2.4%) | 1.53 | 450 |
2020-05-01 | $490,000 (3.7%) | $627,712 (-3.4%) | 1.49 | 446 |
2020-06-01 | $485,347 (0.1%) | $660,520 (-4.2%) | 1.43 | 436 |
2020-07-01 | $498,500 (2.0%) | $691,655 (0.0%) | 1.44 | 431 |
2020-08-01 | $493,307 (1.3%) | $699,499 (2.3%) | 1.41 | 415 |
2020-09-01 | $475,879 (-1.5%) | $683,330 (1.6%) | 1.36 | 410 |
2020-10-01 | $479,000 (0.3%) | $691,980 (5.9%) | 1.37 | 380 |
2020-11-01 | $499,875 (7.5%) | $714,408 (12.6%) | 1.46 | 251 |
2020-12-01 | $470,569 (5.0%) | $697,673 (15.9%) | 1.40 | 206 |
2021-01-01 | $469,888 (3.0%) | $775,756 (28.9%) | 1.40 | 166 |
2021-02-01 | $549,488 (20.5%) | $833,965 (34.8%) | 1.60 | 140 |
2021-03-01 | $542,238 (14.4%) | $775,826 (26.5%) | 1.54 | 154 |
2021-04-01 | $562,500 (15.2%) | $745,602 (21.1%) | 1.52 | 181 |
2021-05-01 | $550,000 (12.2%) | $741,691 (18.2%) | 1.46 | 213 |
2021-06-01 | $546,500 (12.6%) | $734,262 (11.2%) | 1.44 | 249 |
2021-07-01 | $551,990 (10.7%) | $723,481 (4.6%) | 1.46 | 305 |
2021-08-01 | $576,975 (17.0%) | $719,937 (2.9%) | 1.54 | 318 |
2021-09-01 | $580,000 (21.9%) | $714,170 (4.5%) | 1.55 | 312 |
2021-10-01 | $597,000 (24.6%) | $731,719 (5.7%) | 1.59 | 311 |
2021-11-01 | $599,675 (20.0%) | $738,070 (3.3%) | 1.60 | 256 |
2021-12-01 | $599,495 (27.4%) | $788,527 (13.0%) | 1.62 | 181 |
2022-01-01 | $599,450 (27.6%) | $800,568 (3.2%) | 1.62 | 140 |
2022-02-01 | $599,495 (9.1%) | $790,509 (-5.2%) | 1.56 | 165 |
2022-03-01 | $609,490 (12.4%) | $805,064 (3.8%) | 1.53 | 167 |
2022-04-01 | $602,000 (7.0%) | $798,400 (7.1%) | 1.44 | 190 |
2022-05-01 | $639,975 (16.4%) | $816,184 (10.0%) | 1.46 | 271 |
2022-06-01 | $635,675 (16.3%) | $813,225 (10.8%) | 1.42 | 388 |
2022-07-01 | $600,000 (8.7%) | $796,254 (10.1%) | 1.35 | 537 |
2022-08-01 | $629,948 (9.2%) | $846,400 (17.6%) | 1.46 | 555 |
2022-09-01 | $605,000 (4.3%) | $820,878 (14.9%) | 1.41 | 514 |
2022-10-01 | $599,000 (0.3%) | $796,655 (8.9%) | 1.41 | 511 |
2022-11-01 | $592,500 (-1.2%) | $771,017 (4.5%) | 1.42 | 481 |
2022-12-01 | $549,900 (-8.3%) | $700,080 (-11.2%) | 1.36 | 399 |
2023-01-01 | $550,000 (-8.3%) | $702,589 (-12.2%) | 1.36 | 342 |
2023-02-01 | $555,000 (-7.4%) | $727,189 (-8.0%) | 1.34 | 278 |
2023-03-01 | $597,495 (-2.0%) | $846,564 (5.2%) | 1.41 | 266 |
2023-04-01 | $607,000 (0.8%) | $940,750 (17.8%) | 1.41 | 278 |
2023-05-01 | $649,950 (1.6%) | $957,179 (17.3%) | 1.47 | 278 |
2023-06-01 | $649,475 (2.2%) | $919,016 (13.0%) | 1.46 | 313 |
2023-07-01 | $650,000 (8.3%) | $927,694 (16.5%) | 1.48 | 344 |
2023-08-01 | $650,000 (3.2%) | $935,244 (10.5%) | 1.49 | 385 |
2023-09-01 | $634,500 (4.9%) | $940,497 (14.6%) | 1.48 | 387 |
2023-10-01 | $637,250 (6.4%) | $935,428 (17.4%) | 1.50 | 380 |
2023-11-01 | $599,945 (1.3%) | $824,068 (6.9%) | 1.43 | 483 |
2023-12-01 | $599,000 (8.9%) | $795,393 (13.6%) | 1.46 | 445 |
2024-01-01 | $599,495 (9.0%) | $748,569 (6.5%) | 1.46 | 368 |
2024-02-01 | $588,598 (6.1%) | $736,442 (1.3%) | 1.42 | 363 |
2024-03-01 | $600,000 (0.4%) | $793,851 (-6.2%) | 1.41 | 376 |
2024-04-01 | $634,733 (4.6%) | $841,890 (-10.5%) | 1.48 | 411 |
2024-05-01 | $636,550 (-2.1%) | $881,265 (-7.9%) | 1.45 | 556 |
2024-06-01 | $624,990 (-3.8%) | $877,312 (-4.5%) | 1.42 | 607 |
2024-07-01 | $642,500 (-1.2%) | $884,633 (-4.6%) | 1.47 | 610 |
2024-08-01 | $649,990 (0.0%) | $876,072 (-6.3%) | 1.51 | 624 |
2024-09-01 | $662,463 (4.4%) | $895,095 (-4.8%) | 1.56 | 629 |
2024-10-01 | $654,950 (2.8%) | $874,100 (-6.6%) | 1.54 | 617 |
2024-11-01 | $659,950 (10.0%) | $833,139 (1.1%) | 1.58 | 583 |
2024-12-01 | $644,970 (7.7%) | $794,742 (-0.1%) | 1.60 | 454 |
2025-01-01 | $639,988 (6.8%) | $785,095 (4.9%) | 1.60 | 384 |
2025-02-01 | $659,863 (12.1%) | $798,400 (8.4%) | 1.60 | 394 |
2025-03-01 | $653,268 (8.9%) | $796,004 (0.3%) | 0.00 | 428 |
Bremerton's median listing price comes in at 0% of the national average.
Bremerton's average listing price for 2025-03-01 was $796,004, a difference of $2,153 (0.3%) versus the prior year and $-2,396 versus the prior month.
For the 2025-03-01 period, Bremerton had 428 MLS listings, a difference of 34 listings (9%) versus the prior month and 52 listings (14%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Bremerton (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 56 days | 2,151 sqft |
2018-02-01 | 37 days | 2,135 sqft |
2018-03-01 | 33 days | 2,054 sqft |
2018-04-01 | 30 days | 2,086 sqft |
2018-05-01 | 21 days | 2,208 sqft |
2018-06-01 | 30 days | 2,159 sqft |
2018-07-01 | 31 days | 2,185 sqft |
2018-08-01 | 33 days | 2,162 sqft |
2018-09-01 | 38 days | 2,145 sqft |
2018-10-01 | 47 days | 2,120 sqft |
2018-11-01 | 56 days | 2,124 sqft |
2018-12-01 | 65 days | 2,111 sqft |
2019-01-01 | 67 days | 2,099 sqft |
2019-02-01 | 64 days | 2,143 sqft |
2019-03-01 | 50 days | 2,206 sqft |
2019-04-01 | 30 days | 2,262 sqft |
2019-05-01 | 28 days | 2,267 sqft |
2019-06-01 | 36 days | 2,276 sqft |
2019-07-01 | 41 days | 2,248 sqft |
2019-08-01 | 43 days | 2,196 sqft |
2019-09-01 | 47 days | 2,176 sqft |
2019-10-01 | 47 days | 2,145 sqft |
2019-11-01 | 48 days | 2,110 sqft |
2019-12-01 | 59 days | 2,043 sqft |
2020-01-01 | 63 days | 2,045 sqft |
2020-02-01 | 37 days | 2,078 sqft |
2020-03-01 | 23 days | 2,102 sqft |
2020-04-01 | 34 days | 2,058 sqft |
2020-05-01 | 43 days | 2,058 sqft |
2020-06-01 | 35 days | 2,058 sqft |
2020-07-01 | 32 days | 2,108 sqft |
2020-08-01 | 31 days | 2,058 sqft |
2020-09-01 | 32 days | 2,057 sqft |
2020-10-01 | 30 days | 1,976 sqft |
2020-11-01 | 36 days | 1,959 sqft |
2020-12-01 | 45 days | 1,920 sqft |
2021-01-01 | 42 days | 1,932 sqft |
2021-02-01 | 32 days | 2,124 sqft |
2021-03-01 | 25 days | 2,019 sqft |
2021-04-01 | 23 days | 2,059 sqft |
2021-05-01 | 22 days | 2,028 sqft |
2021-06-01 | 23 days | 2,004 sqft |
2021-07-01 | 23 days | 1,901 sqft |
2021-08-01 | 30 days | 1,987 sqft |
2021-09-01 | 35 days | 2,054 sqft |
2021-10-01 | 36 days | 2,069 sqft |
2021-11-01 | 37 days | 2,054 sqft |
2021-12-01 | 44 days | 2,057 sqft |
2022-01-01 | 42 days | 1,974 sqft |
2022-02-01 | 23 days | 1,979 sqft |
2022-03-01 | 23 days | 2,006 sqft |
2022-04-01 | 22 days | 2,005 sqft |
2022-05-01 | 20 days | 2,039 sqft |
2022-06-01 | 23 days | 2,100 sqft |
2022-07-01 | 28 days | 2,080 sqft |
2022-08-01 | 34 days | 2,098 sqft |
2022-09-01 | 44 days | 2,078 sqft |
2022-10-01 | 49 days | 2,078 sqft |
2022-11-01 | 52 days | 2,064 sqft |
2022-12-01 | 64 days | 2,018 sqft |
2023-01-01 | 74 days | 2,029 sqft |
2023-02-01 | 68 days | 2,074 sqft |
2023-03-01 | 46 days | 2,089 sqft |
2023-04-01 | 38 days | 2,158 sqft |
2023-05-01 | 35 days | 2,116 sqft |
2023-06-01 | 32 days | 2,120 sqft |
2023-07-01 | 32 days | 2,112 sqft |
2023-08-01 | 38 days | 2,152 sqft |
2023-09-01 | 43 days | 2,113 sqft |
2023-10-01 | 44 days | 2,142 sqft |
2023-11-01 | 52 days | 2,143 sqft |
2023-12-01 | 57 days | 2,168 sqft |
2024-01-01 | 55 days | 2,132 sqft |
2024-02-01 | 43 days | 2,070 sqft |
2024-03-01 | 40 days | 2,064 sqft |
2024-04-01 | 34 days | 2,068 sqft |
2024-05-01 | 26 days | 2,088 sqft |
2024-06-01 | 37 days | 2,070 sqft |
2024-07-01 | 43 days | 2,088 sqft |
2024-08-01 | 44 days | 2,080 sqft |
2024-09-01 | 45 days | 2,110 sqft |
2024-10-01 | 50 days | 2,087 sqft |
2024-11-01 | 50 days | 2,070 sqft |
2024-12-01 | 64 days | 2,008 sqft |
2025-01-01 | 75 days | 2,036 sqft |
2025-02-01 | 51 days | 2,077 sqft |
2025-03-01 | 0 days | 2,070 sqft |
Bremerton's median square footage for active listings during the 2025-03-01 period was 2,070 sqft. One year prior, the average listing was 2,064 sqft.