Dubois FHA Loan Rates, Closing Costs & Stats

DuBois, PA

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.

Dubois's 32 lenders originated 112 FHA loans during 2023. The total origination value was $15,560,000, with an average FHA loan value of $138,929.

Dubois FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Dubois averaged 6.6% for the week of 2024-03-22, compared to the national average (all FHA variants) of 6.696% for the same period.

Dubois's average FHA mortgage closing costs are $6,315.

The average rate for the prior week (2024-03-15) was 6.42% and one month ago for the week of 2024-02-16, the average rate was 6.85%.

The average rate one year ago was 6.43%.

For refis of the same type during the week of 2024-03-22, the average rate was 6.7%.

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

Dubois 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 Dubois level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 28 6.48% $8,846
NEWREZ LLC 9 6.57% $6,475
UNITED WHOLESALE MORTGAGE, LLC 6 6.82% $8,412
Flagstar Bank, FSB 4 6.55% $7,757
PENNYMAC LOAN SERVICES, LLC 3 6.50% $7,661
NORWICH COMMERCIAL GROUP, INC. 3 6.88% $9,203
FIRST HERITAGE FINANCIAL, LLC 3 6.41% $5,616
BROKER SOLUTIONS, INC. 3 6.71% $7,156
Century Mortgage Company DBA Century Lending Company 3 6.71% $6,136
Citizens Bank 2 6.94% $10,227
MOVEMENT MORTGAGE, LLC 2 7.25% $10,877
FREEDOM MORTGAGE CORPORATION 2 7.25% $14,169
Mortgage Research Center, LLC 2 7.44% $2,875
AMERISAVE MORTGAGE CORPORATION 2 5.69% $7,735
LAKEVIEW LOAN SERVICING, LLC 2 7.00% $7,887
UNION HOME MORTGAGE CORP. 2 7.00% $7,274
AFFORDABLE MORTGAGE ADVISORS, LLC. 2 6.69% $9,999
WEST PENN FINANCIAL SERVICE CENTER, INC. 1 6.50% $6,646
Bank of England 1 6.75% $7,126
FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.63% $15,858
First National Bank of Pennsylvania 1 6.50% $4,202
FLAT BRANCH MORTGAGE, INC. 1 6.75% $5,761
HOMESIDE FINANCIAL, LLC 1 6.38% $4,862
JMAC LENDING, INC. 1 6.63% $19,827
LEADERONE FINANCIAL CORPORATION 1 6.25% $6,508
LOANDEPOT.COM, LLC 1 6.75% $4,987
M&T Bank 1 7.25% $7,142
Northwest Bank 1 7.13% $6,363
PLAZA HOME MORTGAGE, INC. 1 6.25% $9,575
PNC Bank 1 6.75% $6,232
SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.50% $3,111
TOP FLITE FINANCIAL, INC. 1 7.75% $8,074

The top Dubois FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 28 FHA loans originated. Their average total fees are $8,846, which is $2,371 higher than the next largest lender, NEWREZ LLC.

The lowest fee Dubois FHA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($8,846), .

The lowest rate Dubois FHA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.48%), .

Dubois FHA Loan Limits

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

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Dubois (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 $119,675 (6.9%) $142,664 (-4.7%) 0.00 273
2018-02-01 $119,900 (9.4%) $145,866 (-5.9%) 0.00 259
2018-03-01 $125,000 (13.6%) $153,715 (-0.9%) 0.00 252
2018-04-01 $130,000 (16.6%) $158,829 (4.4%) 0.00 263
2018-05-01 $127,950 (10.8%) $164,521 (8.2%) 0.00 278
2018-06-01 $125,000 (4.3%) $157,459 (0.8%) 0.00 291
2018-07-01 $119,925 (0.0%) $156,586 (1.6%) 0.00 292
2018-08-01 $119,900 (-0.7%) $153,710 (4.9%) 0.00 283
2018-09-01 $118,500 (-5.1%) $154,802 (3.5%) 0.00 285
2018-10-01 $117,500 (-4.7%) $152,599 (2.5%) 0.00 287
2018-11-01 $118,500 (-4.5%) $155,182 (6.0%) 0.00 294
2018-12-01 $105,000 (-12.5%) $150,811 (3.5%) 0.00 271
2019-01-01 $100,550 (-16.0%) $148,147 (3.8%) 0.00 242
2019-02-01 $102,450 (-14.6%) $146,765 (0.6%) 0.00 224
2019-03-01 $107,143 (-14.3%) $153,416 (-0.2%) 0.00 230
2019-04-01 $109,643 (-15.7%) $159,222 (0.3%) 0.00 238
2019-05-01 $108,950 (-14.9%) $158,325 (-3.8%) 0.00 238
2019-06-01 $114,900 (-8.1%) $161,370 (2.5%) 0.00 238
2019-07-01 $120,000 (0.1%) $168,481 (7.6%) 0.00 255
2019-08-01 $119,850 (0.0%) $171,578 (11.6%) 0.00 263
2019-09-01 $119,625 (1.0%) $176,531 (14.0%) 0.00 261
2019-10-01 $119,700 (1.9%) $179,700 (17.8%) 0.00 258
2019-11-01 $119,900 (1.2%) $175,493 (13.1%) 0.00 250
2019-12-01 $118,100 (12.5%) $173,572 (15.1%) 0.00 237
2020-01-01 $119,900 (19.2%) $178,958 (20.8%) 0.00 222
2020-02-01 $113,000 (10.3%) $177,583 (21.0%) 0.00 217
2020-03-01 $119,450 (11.5%) $165,949 (8.2%) 0.00 209
2020-04-01 $119,425 (8.9%) $159,813 (0.4%) 0.00 190
2020-05-01 $119,950 (10.1%) $159,459 (0.7%) 0.00 188
2020-06-01 $119,900 (4.4%) $152,410 (-5.6%) 0.00 186
2020-07-01 $129,900 (8.3%) $169,929 (0.9%) 0.00 172
2020-08-01 $120,000 (0.1%) $167,696 (-2.3%) 0.00 154
2020-09-01 $129,900 (8.6%) $183,106 (3.7%) 0.00 149
2020-10-01 $139,900 (16.9%) $200,067 (11.3%) 0.00 148
2020-11-01 $125,000 (4.3%) $196,780 (12.1%) 0.00 142
2020-12-01 $127,225 (7.7%) $190,865 (10.0%) 0.00 142
2021-01-01 $120,000 (0.1%) $183,270 (2.4%) 0.00 138
2021-02-01 $124,950 (10.6%) $193,452 (8.9%) 0.00 124
2021-03-01 $122,475 (2.5%) $193,645 (16.7%) 0.00 111
2021-04-01 $126,225 (5.7%) $192,910 (20.7%) 0.00 105
2021-05-01 $109,000 (-9.1%) $199,779 (25.3%) 0.00 106
2021-06-01 $125,950 (5.1%) $214,864 (41.0%) 0.00 105
2021-07-01 $131,450 (1.2%) $221,062 (30.1%) 0.00 107
2021-08-01 $132,800 (10.7%) $238,275 (42.1%) 0.00 121
2021-09-01 $125,550 (-3.4%) $233,278 (27.4%) 0.00 133
2021-10-01 $133,000 (-4.9%) $254,101 (27.0%) 0.00 130
2021-11-01 $140,450 (12.4%) $261,707 (33.0%) 0.00 128
2021-12-01 $128,375 (0.9%) $255,618 (33.9%) 0.00 116
2022-01-01 $124,900 (4.1%) $239,560 (30.7%) 0.00 108
2022-02-01 $120,850 (-3.3%) $241,799 (25.0%) 0.00 96
2022-03-01 $139,500 (13.9%) $272,316 (40.6%) 0.00 90
2022-04-01 $155,950 (23.6%) $243,372 (26.2%) 0.00 89
2022-05-01 $146,200 (34.1%) $232,046 (16.2%) 0.00 92
2022-06-01 $148,725 (18.1%) $228,750 (6.5%) 0.00 106
2022-07-01 $158,900 (20.9%) $235,808 (6.7%) 0.00 114
2022-08-01 $159,150 (19.8%) $230,786 (-3.1%) 0.00 122
2022-09-01 $149,200 (18.8%) $237,671 (1.9%) 0.00 124
2022-10-01 $141,000 (6.0%) $229,730 (-9.6%) 0.00 126
2022-11-01 $146,250 (4.1%) $244,292 (-6.7%) 0.00 128
2022-12-01 $144,000 (12.2%) $252,870 (-1.1%) 0.00 114
2023-01-01 $147,725 (18.3%) $253,930 (6.0%) 0.00 105
2023-02-01 $143,200 (18.5%) $257,508 (6.5%) 0.00 105
2023-03-01 $158,750 (13.8%) $270,143 (-0.8%) 0.00 101
2023-04-01 $152,000 (-2.5%) $267,613 (10.0%) 0.00 94
2023-05-01 $152,475 (4.3%) $258,990 (11.6%) 0.00 84
2023-06-01 $153,175 (3.0%) $247,033 (8.0%) 0.00 87
2023-07-01 $167,400 (5.4%) $266,753 (13.1%) 0.00 103
2023-08-01 $149,950 (-5.8%) $247,687 (7.3%) 0.00 108
2023-09-01 $152,450 (2.2%) $255,257 (7.4%) 0.00 112
2023-10-01 $158,650 (12.5%) $254,272 (10.7%) 0.00 116
2023-11-01 $146,575 (0.2%) $230,632 (-5.6%) 0.00 116
2023-12-01 $140,500 (-2.4%) $239,684 (-5.2%) 0.00 107
2024-01-01 $141,850 (-4.0%) $241,520 (-4.9%) 0.00 98
2024-02-01 $147,175 (2.8%) $250,055 (-2.9%) 0.00 90
Dubois's median listing price for 2024-02-01 was $147,175, a difference of $3,975 (2.8%) versus the prior year and $5,325 versus the prior month.

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

Dubois's average listing price for 2024-02-01 was $250,055, a difference of $-7,453 (-2.9%) versus the prior year and $8,535 versus the prior month.

For the 2024-02-01 period, Dubois had 90 MLS listings, a difference of -8 listings (-8%) versus the prior month and -15 listings (-14%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Dubois (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,746 sqft
2018-02-01 0 days 1,735 sqft
2018-03-01 0 days 1,816 sqft
2018-04-01 0 days 1,843 sqft
2018-05-01 0 days 1,825 sqft
2018-06-01 0 days 1,800 sqft
2018-07-01 0 days 1,819 sqft
2018-08-01 0 days 1,821 sqft
2018-09-01 0 days 1,800 sqft
2018-10-01 0 days 1,778 sqft
2018-11-01 0 days 1,727 sqft
2018-12-01 0 days 1,696 sqft
2019-01-01 0 days 1,658 sqft
2019-02-01 0 days 1,658 sqft
2019-03-01 0 days 1,706 sqft
2019-04-01 0 days 1,746 sqft
2019-05-01 0 days 1,680 sqft
2019-06-01 0 days 1,705 sqft
2019-07-01 0 days 1,720 sqft
2019-08-01 0 days 1,733 sqft
2019-09-01 0 days 1,731 sqft
2019-10-01 0 days 1,723 sqft
2019-11-01 0 days 1,664 sqft
2019-12-01 0 days 1,655 sqft
2020-01-01 0 days 1,657 sqft
2020-02-01 0 days 1,662 sqft
2020-03-01 0 days 1,656 sqft
2020-04-01 0 days 1,663 sqft
2020-05-01 0 days 1,688 sqft
2020-06-01 0 days 1,714 sqft
2020-07-01 0 days 1,752 sqft
2020-08-01 0 days 1,664 sqft
2020-09-01 0 days 1,676 sqft
2020-10-01 0 days 1,696 sqft
2020-11-01 0 days 1,605 sqft
2020-12-01 0 days 1,576 sqft
2021-01-01 0 days 1,536 sqft
2021-02-01 0 days 1,581 sqft
2021-03-01 0 days 1,558 sqft
2021-04-01 0 days 1,572 sqft
2021-05-01 0 days 1,506 sqft
2021-06-01 0 days 1,643 sqft
2021-07-01 0 days 1,650 sqft
2021-08-01 0 days 1,680 sqft
2021-09-01 0 days 1,669 sqft
2021-10-01 0 days 1,800 sqft
2021-11-01 0 days 1,842 sqft
2021-12-01 0 days 1,725 sqft
2022-01-01 0 days 1,613 sqft
2022-02-01 0 days 1,602 sqft
2022-03-01 0 days 1,650 sqft
2022-04-01 0 days 1,755 sqft
2022-05-01 0 days 1,551 sqft
2022-06-01 0 days 1,539 sqft
2022-07-01 0 days 1,721 sqft
2022-08-01 0 days 1,684 sqft
2022-09-01 0 days 1,661 sqft
2022-10-01 0 days 1,578 sqft
2022-11-01 0 days 1,679 sqft
2022-12-01 0 days 1,732 sqft
2023-01-01 0 days 1,659 sqft
2023-02-01 0 days 1,668 sqft
2023-03-01 0 days 1,686 sqft
2023-04-01 0 days 1,645 sqft
2023-05-01 0 days 1,624 sqft
2023-06-01 0 days 1,668 sqft
2023-07-01 0 days 1,754 sqft
2023-08-01 0 days 1,619 sqft
2023-09-01 0 days 1,636 sqft
2023-10-01 0 days 1,754 sqft
2023-11-01 0 days 1,534 sqft
2023-12-01 0 days 1,581 sqft
2024-01-01 0 days 1,565 sqft
2024-02-01 0 days 1,760 sqft
Dubois's median listing age (time on market) for 2024-02-01 was 0 days.

Dubois's median square footage for active listings during the 2024-02-01 period was 1,760 sqft. One year prior, the average listing was 1,668 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).