Elizabethtown FHA Loan Rates, Closing Costs & Stats

ELIZABETHTOWN-FORT KNOX, KY

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.

Elizabethtown's 72 lenders originated 502 FHA loans during 2024. The total origination value was $116,790,000, with an average FHA loan value of $232,649.

Elizabethtown FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Elizabethtown averaged 6.07% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

Elizabethtown's average FHA mortgage closing costs are $6,664.

The average rate for the prior week (2025-03-28) was 6.26% and one month ago for the week of 2025-02-28, the average rate was 6.55%.

The average rate one year ago was 6.57%.

For refis of the same type during the week of 2025-04-04, the average rate was 6%.

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

Elizabethtown 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 Elizabethtown level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 91 6.27% $9,634
QUICKEN LOANS, LLC 42 6.50% $9,558
SOUTH CENTRAL BANK, INC. 38 6.42% $8,088
FREEDOM MORTGAGE CORPORATION 22 6.37% $10,224
EVERETT FINANCIAL, INC. 21 6.54% $10,038
Northpointe Bank 21 6.26% $9,616
PENNYMAC LOAN SERVICES, LLC 18 6.09% $8,426
Prosperity Home Mortgage, LLC 16 6.04% $10,738
T2 FINANCIAL LLC 13 6.77% $11,080
RUOFF MORTGAGE COMPANY, INC. 12 6.65% $4,854
INSPIRE HOME LOANS INC. 8 5.53% $9,878
BROKER SOLUTIONS, INC. 8 6.92% $9,587
German American Bank 8 6.31% $8,083
STOCKTON MORTGAGE CORPORATION 8 6.56% $10,454
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 6.28% $9,608
Mortgage Research Center, LLC 7 6.59% $5,921
WesBanco 6 6.31% $8,820
INTERLINC MORTGAGE SERVICES, LLC 5 6.43% $5,752
LAKEVIEW LOAN SERVICING, LLC 5 6.53% $7,073
Magnolia Bank 5 6.65% $10,104
PREMIER LENDING, INC. 5 6.03% $11,833
UNION HOME MORTGAGE CORP. 5 6.28% $9,352
DHI MORTGAGE COMPANY, LTD. 5 5.40% $8,601
Stock Yards Bank & Trust Company 5 6.10% $8,909
Flagstar Bank, FSB 5 6.51% $7,366
Carrington Mortgage Services, LLC 5 6.13% $12,447
PNC Bank 4 6.44% $7,714
Equity Prime Mortgage LLC 4 7.44% $12,323
ENVOY MORTGAGE, LTD 3 6.79% $14,079
CROSSCOUNTRY MORTGAGE, LLC 3 6.21% $12,990
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.00% $0
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 7.08% $10,567
LOANDEPOT.COM, LLC 2 7.31% $9,554
AMERICAN FINANCING CORPORATION 2 5.50% $12,989
AMERISAVE MORTGAGE CORPORATION 2 6.00% $12,415
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.44% $8,738
CARDINAL FINANCIAL 2 6.50% $11,538
Century Mortgage Company DBA Century Lending Company 2 6.00% $9,927
CMG MORTGAGE, INC. 2 6.94% $8,164
DIRECT MORTGAGE LOANS, LLC 2 7.00% $11,125
First Harrison Bank 2 6.38% $8,289
GUARANTEED RATE, INC. 2 7.50% $9,515
AMERICAN FINANCIAL RESOURCES, INC. 2 6.50% $7,689
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.50% $13,367
Plains Commerce Bank 2 6.94% $10,144
PLAZA HOME MORTGAGE, INC. 2 6.13% $7,488
SUN WEST MORTGAGE COMPANY, INC. 2 6.11% $6,820
The Federal Savings Bank 2 6.94% $14,305
PENTAGON FEDERAL CREDIT UNION 1 5.88% $6,645
Bank of England 1 6.50% $10,846
PLANET HOME LENDING, LLC 1 6.75% $5,490
VILLAGE CAPITAL MORTGAGE 1 7.25% $2,514
Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $6,536
MORTGAGE ACCESS CORP. 1 6.63% $7,031
LEADERONE FINANCIAL CORPORATION 1 6.75% $9,014
JPMorgan Chase Bank 1 7.25% $5,778
HOMESIDE FINANCIAL, LLC 1 5.99% $12,481
Republic Bank & Trust Company 1 5.75% $5,929
RESIDENTIAL BANCORP 1 6.75% $8,159
GUILD MORTGAGE COMPANY 1 7.13% $11,260
GoPrime Mortgage, Inc. 1 6.63% $6,948
FIRST COMMUNITY MORTGAGE, INC. 1 5.99% $13,288
FIRST ALLIANCE HOME MORTGAGE, LLC 1 5.63% $20,734
Wells Fargo Bank 1 6.88% $7,784
EVANSVILLE TEACHERS 1 6.63% $8,220
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.25% $13,439
Towne Bank 1 5.88% $14,724
Cornerstone First Mortgage, Inc 1 6.25% $15,030
NEXERA HOLDING LLC 1 6.00% $5,791
NEWREZ LLC 1 5.99% $5,889
Paramount Residential Mortgage Group, Inc. 1 7.13% $18,086
Nations Lending Corporation 1 6.25% $10,252

The top Elizabethtown FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 91 FHA loans originated. Their average total fees are $9,634, which is $76 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Elizabethtown FHA lenders (with over 10 loans originated) are RUOFF MORTGAGE COMPANY, INC. ($4,854), SOUTH CENTRAL BANK, INC. ($8,088), PENNYMAC LOAN SERVICES, LLC ($8,426), QUICKEN LOANS, LLC ($9,558) and Northpointe Bank ($9,616).

The lowest rate Elizabethtown FHA lenders (with over 10 loans originated) are Prosperity Home Mortgage, LLC (6.04%), PENNYMAC LOAN SERVICES, LLC (6.09%), Northpointe Bank (6.26%), UNITED WHOLESALE MORTGAGE, LLC (6.27%) and FREEDOM MORTGAGE CORPORATION (6.37%).

Elizabethtown FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
ELIZABETHTOWN-FORT KNOX, KY HARDIN 2022 $420,680 $538,650 $651,050 $809,150
ELIZABETHTOWN-FORT KNOX, KY LARUE 2022 $420,680 $538,650 $651,050 $809,150
ELIZABETHTOWN-FORT KNOX, KY MEADE 2022 $420,680 $538,650 $651,050 $809,150
ELIZABETHTOWN-FORT KNOX, KY HARDIN 2023 $472,030 $604,400 $730,525 $907,900
ELIZABETHTOWN-FORT KNOX, KY LARUE 2023 $472,030 $604,400 $730,525 $907,900
ELIZABETHTOWN-FORT KNOX, KY MEADE 2023 $472,030 $604,400 $730,525 $907,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Elizabethtown (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 $166,875 (4.4%) $194,077 (2.0%) 0.63 411
2018-02-01 $173,250 (8.5%) $202,880 (4.8%) 0.62 389
2018-03-01 $179,950 (10.0%) $212,838 (8.1%) 0.63 376
2018-04-01 $190,450 (12.1%) $217,049 (9.1%) 0.64 396
2018-05-01 $190,950 (12.4%) $216,682 (7.6%) 0.64 399
2018-06-01 $189,950 (11.9%) $217,644 (5.9%) 0.63 414
2018-07-01 $198,900 (17.1%) $222,324 (8.5%) 0.65 436
2018-08-01 $199,950 (14.6%) $219,653 (6.3%) 0.67 453
2018-09-01 $188,500 (10.9%) $212,842 (7.3%) 0.64 476
2018-10-01 $189,900 (10.2%) $210,131 (5.1%) 0.64 455
2018-11-01 $194,925 (14.7%) $212,464 (8.3%) 0.66 449
2018-12-01 $194,950 (14.7%) $215,098 (10.3%) 0.66 435
2019-01-01 $196,450 (17.7%) $211,135 (8.8%) 0.67 406
2019-02-01 $193,250 (11.5%) $209,404 (3.2%) 0.64 408
2019-03-01 $203,686 (13.2%) $214,935 (1.0%) 0.65 377
2019-04-01 $209,975 (10.3%) $221,642 (2.1%) 0.65 351
2019-05-01 $216,125 (13.2%) $234,062 (8.0%) 0.66 354
2019-06-01 $210,000 (10.6%) $229,372 (5.4%) 0.64 395
2019-07-01 $209,925 (5.5%) $232,074 (4.4%) 0.63 392
2019-08-01 $210,909 (5.5%) $232,965 (6.1%) 0.65 397
2019-09-01 $213,210 (13.1%) $234,078 (10.0%) 0.67 405
2019-10-01 $217,500 (14.5%) $236,428 (12.5%) 0.70 411
2019-11-01 $219,900 (12.8%) $236,885 (11.5%) 0.71 404
2019-12-01 $219,675 (12.7%) $238,194 (10.7%) 0.73 363
2020-01-01 $217,975 (11.0%) $235,800 (11.7%) 0.72 329
2020-02-01 $218,500 (13.1%) $231,393 (10.5%) 0.72 308
2020-03-01 $219,900 (8.0%) $239,674 (11.5%) 0.67 272
2020-04-01 $221,150 (5.3%) $239,317 (8.0%) 0.69 262
2020-05-01 $234,900 (8.7%) $247,763 (5.9%) 0.71 214
2020-06-01 $228,900 (9.0%) $256,655 (11.9%) 0.66 171
2020-07-01 $244,475 (16.5%) $272,081 (17.2%) 0.71 159
2020-08-01 $247,000 (17.1%) $275,341 (18.2%) 0.69 149
2020-09-01 $244,690 (14.8%) $277,176 (18.4%) 0.70 159
2020-10-01 $220,000 (1.2%) $267,418 (13.1%) 0.67 149
2020-11-01 $194,700 (-11.5%) $248,065 (4.7%) 0.58 155
2020-12-01 $202,350 (-7.9%) $255,699 (7.4%) 0.64 170
2021-01-01 $197,450 (-9.4%) $261,649 (11.0%) 0.63 147
2021-02-01 $211,850 (-3.0%) $271,599 (17.4%) 0.65 122
2021-03-01 $239,175 (8.8%) $286,517 (19.5%) 0.71 116
2021-04-01 $249,900 (13.0%) $294,044 (22.9%) 0.72 108
2021-05-01 $229,900 (-2.1%) $285,171 (15.1%) 0.64 106
2021-06-01 $251,200 (9.7%) $311,550 (21.4%) 0.68 111
2021-07-01 $271,900 (11.2%) $307,065 (12.9%) 0.73 149
2021-08-01 $273,000 (10.5%) $293,108 (6.5%) 0.73 178
2021-09-01 $268,125 (9.6%) $287,115 (3.6%) 0.73 190
2021-10-01 $260,000 (18.2%) $304,944 (14.0%) 0.72 195
2021-11-01 $259,225 (33.1%) $296,036 (19.3%) 0.73 201
2021-12-01 $239,175 (18.2%) $286,840 (12.2%) 0.68 165
2022-01-01 $246,000 (24.6%) $307,673 (17.6%) 0.68 134
2022-02-01 $259,900 (22.7%) $315,061 (16.0%) 0.70 115
2022-03-01 $254,450 (6.4%) $319,107 (11.4%) 0.67 104
2022-04-01 $250,000 (0.0%) $294,131 (0.0%) 0.63 92
2022-05-01 $272,000 (18.3%) $313,122 (9.8%) 0.65 96
2022-06-01 $256,850 (2.3%) $294,770 (-5.4%) 0.60 167
2022-07-01 $262,500 (-3.5%) $307,370 (0.1%) 0.63 228
2022-08-01 $271,700 (-0.5%) $298,936 (2.0%) 0.69 251
2022-09-01 $296,725 (10.7%) $315,571 (9.9%) 0.72 190
2022-10-01 $312,000 (20.0%) $337,538 (10.7%) 0.75 216
2022-11-01 $308,175 (18.9%) $337,410 (14.0%) 0.74 246
2022-12-01 $299,950 (25.4%) $335,797 (17.1%) 0.75 216
2023-01-01 $319,475 (29.9%) $344,892 (12.1%) 0.78 174
2023-02-01 $319,500 (22.9%) $350,173 (11.1%) 0.76 169
2023-03-01 $317,500 (24.8%) $353,770 (10.9%) 0.75 167
2023-04-01 $309,450 (23.8%) $352,316 (19.8%) 0.73 173
2023-05-01 $305,000 (12.1%) $342,912 (9.5%) 0.72 168
2023-06-01 $318,700 (24.1%) $349,645 (18.6%) 0.72 181
2023-07-01 $330,000 (25.7%) $355,556 (15.7%) 0.74 209
2023-08-01 $327,675 (20.6%) $358,953 (20.1%) 0.74 223
2023-09-01 $319,950 (7.8%) $348,275 (10.4%) 0.74 223
2023-10-01 $319,874 (2.5%) $351,761 (4.2%) 0.75 234
2023-11-01 $318,798 (3.5%) $351,161 (4.1%) 0.75 255
2023-12-01 $319,900 (6.7%) $352,451 (5.0%) 0.77 250
2024-01-01 $315,500 (-1.2%) $344,896 (0.0%) 0.77 238
2024-02-01 $316,875 (-0.8%) $351,772 (0.5%) 0.77 232
2024-03-01 $339,900 (7.1%) $362,179 (2.4%) 0.79 235
2024-04-01 $333,675 (7.8%) $361,893 (2.7%) 0.77 242
2024-05-01 $324,950 (6.5%) $357,521 (4.3%) 0.75 261
2024-06-01 $329,250 (3.3%) $355,742 (1.7%) 0.74 255
2024-07-01 $323,750 (-1.9%) $364,422 (2.5%) 0.75 278
2024-08-01 $324,900 (-0.9%) $365,747 (1.9%) 0.76 309
2024-09-01 $320,281 (0.1%) $370,743 (6.5%) 0.77 318
2024-10-01 $314,950 (-1.5%) $364,601 (3.7%) 0.76 340
2024-11-01 $301,370 (-5.5%) $366,981 (4.5%) 0.75 393
2024-12-01 $299,995 (-6.2%) $356,764 (1.2%) 0.78 385
2025-01-01 $309,888 (-1.8%) $356,270 (3.3%) 0.00 378
2025-02-01 $300,725 (-5.1%) $351,264 (-0.1%) 0.00 368
2025-03-01 $310,000 (-8.8%) $359,473 (-0.8%) 0.00 360
Elizabethtown's median listing price for 2025-03-01 was $310,000, a difference of $-29,900 (-8.8%) versus the prior year and $9,275 versus the prior month.

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

Elizabethtown's average listing price for 2025-03-01 was $359,473, a difference of $-2,706 (-0.8%) versus the prior year and $8,209 versus the prior month.

For the 2025-03-01 period, Elizabethtown had 360 MLS listings, a difference of -8 listings (-2%) versus the prior month and 125 listings (53%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Elizabethtown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 82 days 1,752 sqft
2018-02-01 80 days 1,810 sqft
2018-03-01 56 days 1,856 sqft
2018-04-01 55 days 1,933 sqft
2018-05-01 53 days 1,977 sqft
2018-06-01 44 days 1,994 sqft
2018-07-01 46 days 1,999 sqft
2018-08-01 52 days 1,994 sqft
2018-09-01 55 days 1,953 sqft
2018-10-01 65 days 1,967 sqft
2018-11-01 69 days 1,988 sqft
2018-12-01 80 days 1,993 sqft
2019-01-01 80 days 2,008 sqft
2019-02-01 72 days 2,005 sqft
2019-03-01 63 days 2,023 sqft
2019-04-01 54 days 2,042 sqft
2019-05-01 51 days 2,007 sqft
2019-06-01 50 days 1,968 sqft
2019-07-01 53 days 1,939 sqft
2019-08-01 54 days 1,981 sqft
2019-09-01 55 days 2,061 sqft
2019-10-01 56 days 2,138 sqft
2019-11-01 61 days 2,107 sqft
2019-12-01 68 days 2,150 sqft
2020-01-01 80 days 2,117 sqft
2020-02-01 71 days 2,107 sqft
2020-03-01 50 days 1,957 sqft
2020-04-01 50 days 1,927 sqft
2020-05-01 57 days 2,046 sqft
2020-06-01 52 days 2,179 sqft
2020-07-01 40 days 2,208 sqft
2020-08-01 37 days 2,240 sqft
2020-09-01 39 days 2,081 sqft
2020-10-01 38 days 1,899 sqft
2020-11-01 33 days 1,755 sqft
2020-12-01 43 days 1,820 sqft
2021-01-01 54 days 1,817 sqft
2021-02-01 50 days 1,857 sqft
2021-03-01 31 days 1,875 sqft
2021-04-01 30 days 1,966 sqft
2021-05-01 30 days 1,921 sqft
2021-06-01 24 days 1,967 sqft
2021-07-01 24 days 1,981 sqft
2021-08-01 28 days 2,046 sqft
2021-09-01 33 days 2,010 sqft
2021-10-01 39 days 1,932 sqft
2021-11-01 37 days 1,854 sqft
2021-12-01 45 days 1,754 sqft
2022-01-01 58 days 1,790 sqft
2022-02-01 28 days 1,725 sqft
2022-03-01 25 days 1,818 sqft
2022-04-01 24 days 1,846 sqft
2022-05-01 19 days 1,920 sqft
2022-06-01 17 days 1,769 sqft
2022-07-01 29 days 1,800 sqft
2022-08-01 46 days 1,779 sqft
2022-09-01 48 days 1,844 sqft
2022-10-01 42 days 2,104 sqft
2022-11-01 45 days 2,094 sqft
2022-12-01 58 days 2,045 sqft
2023-01-01 67 days 2,059 sqft
2023-02-01 43 days 1,985 sqft
2023-03-01 44 days 2,000 sqft
2023-04-01 36 days 1,904 sqft
2023-05-01 42 days 1,806 sqft
2023-06-01 41 days 1,926 sqft
2023-07-01 36 days 2,042 sqft
2023-08-01 44 days 2,056 sqft
2023-09-01 44 days 1,988 sqft
2023-10-01 46 days 1,930 sqft
2023-11-01 46 days 1,934 sqft
2023-12-01 53 days 1,960 sqft
2024-01-01 67 days 1,889 sqft
2024-02-01 52 days 1,926 sqft
2024-03-01 37 days 1,926 sqft
2024-04-01 40 days 1,901 sqft
2024-05-01 32 days 1,874 sqft
2024-06-01 43 days 1,917 sqft
2024-07-01 41 days 1,920 sqft
2024-08-01 41 days 1,920 sqft
2024-09-01 50 days 1,991 sqft
2024-10-01 54 days 1,955 sqft
2024-11-01 53 days 2,000 sqft
2024-12-01 60 days 1,987 sqft
2025-01-01 0 days 1,999 sqft
2025-02-01 0 days 1,939 sqft
2025-03-01 0 days 1,939 sqft
Elizabethtown's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

Elizabethtown's median square footage for active listings during the 2025-03-01 period was 1,939 sqft. One year prior, the average listing was 1,926 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).