Elizabethtown FHA Loan Rates, Closing Costs & Stats

ELIZABETHTOWN-FORT KNOX, KY

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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.

    Elizabethtown's 75 lenders originated 466 FHA loans during 2023. The total origination value was $99,980,000, with an average FHA loan value of $214,549.

    Elizabethtown FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Elizabethtown averaged 6.25% for the week of 2025-02-14, compared to the national average (all FHA variants) of 6.515% for the same period.

    Elizabethtown's average FHA mortgage closing costs are $6,271.

    The average rate for the prior week (2025-02-07) was 6.27% and one month ago for the week of 2025-01-10, the average rate was 6.33%.

    The average rate one year ago was 6.16%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.29%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 64 6.58% $8,369
    QUICKEN LOANS, LLC 60 6.43% $9,052
    SOUTH CENTRAL BANK, INC. 34 6.41% $8,408
    EVERETT FINANCIAL, INC. 32 6.73% $10,694
    STOCKTON MORTGAGE CORPORATION 18 6.69% $11,163
    PENNYMAC LOAN SERVICES, LLC 14 6.47% $8,794
    Northpointe Bank 14 6.58% $9,375
    RUOFF MORTGAGE COMPANY, INC. 13 6.83% $6,203
    PLAZA HOME MORTGAGE, INC. 12 6.32% $8,357
    Prosperity Home Mortgage, LLC 12 6.54% $7,679
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 7.02% $9,435
    CROSSCOUNTRY MORTGAGE, LLC 9 6.52% $10,668
    WesBanco 8 6.39% $8,382
    Stock Yards Bank & Trust Company 8 6.31% $8,881
    Citizens Bank 7 6.25% $7,249
    Carrington Mortgage Services, LLC 7 6.84% $13,075
    INTERLINC MORTGAGE SERVICES, LLC 7 6.73% $6,803
    AMERISAVE MORTGAGE CORPORATION 7 6.30% $15,462
    Mortgage Research Center, LLC 7 6.48% $7,747
    MUTUAL OF OMAHA MORTGAGE, INC. 6 7.40% $8,511
    FREEDOM MORTGAGE CORPORATION 6 6.60% $10,834
    CARDINAL FINANCIAL 5 6.35% $10,749
    Equity Prime Mortgage LLC 4 6.09% $8,713
    T2 FINANCIAL LLC 4 6.84% $10,736
    HOMESIDE FINANCIAL, LLC 4 7.06% $11,025
    Magnolia Bank 4 6.81% $8,629
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.58% $9,706
    ENVOY MORTGAGE, LTD 3 6.42% $9,430
    Mr. Cooper ( Nationstar Mortgage ) 3 6.25% $9,342
    German American Bank 3 6.29% $8,182
    Century Mortgage Company DBA Century Lending Company 3 6.54% $13,244
    LOANDEPOT.COM, LLC 2 6.38% $9,128
    Wilson & Muir Bank & Trust Company 2 5.94% $6,375
    SUN WEST MORTGAGE COMPANY, INC. 2 6.94% $7,309
    DHI MORTGAGE COMPANY, LTD. 2 5.62% $7,540
    DRAPER AND KRAMER MORTGAGE CORP. 2 6.75% $8,660
    MID AMERICA MORTGAGE, INC. 2 7.94% $6,496
    Flagstar Bank, FSB 2 7.25% $6,215
    BROKER SOLUTIONS, INC. 2 6.50% $8,761
    AMERICAN FINANCIAL RESOURCES, INC. 2 5.75% $14,295
    NEWREZ LLC 2 6.50% $11,690
    ZILLOW HOME LOANS, LLC 1 6.75% $9,941
    AMERICAN FINANCIAL NETWORK, INC. 1 6.63% $15,979
    AMERICAN FINANCING CORPORATION 1 6.50% $6,600
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.25% $11,055
    Barrington Bank & Trust Company, N.A. 1 6.75% $6,532
    BNC National Bank 1 6.75% $10,463
    CHERRY CREEK MORTGAGE, LLC 1 6.25% $4,066
    EMM LOANS LLC 1 7.13% $11,396
    ENDEAVOR CAPITAL, LLC. 1 6.25% $10,568
    EVANSVILLE TEACHERS 1 6.13% $4,437
    FAIR WAY LENDING LLC 1 6.13% $12,821
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.38% $14,816
    FirstBank 1 6.63% $8,450
    FIRST COMMUNITY MORTGAGE, INC. 1 7.13% $7,151
    First Federal Bank 1 5.50% $9,712
    Forcht Bank 1 6.75% $7,329
    GUILD MORTGAGE COMPANY 1 7.63% $10,483
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.25% $7,349
    MORTGAGE ACCESS CORP. 1 6.63% $8,470
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.75% $9,427
    Plains Commerce Bank 1 7.13% $9,938
    POLARIS HOME FUNDING CORP. 1 7.50% $11,958
    RELIANCE FIRST CAPITAL, LLC 1 6.00% $13,689
    Republic Bank & Trust Company 1 6.00% $8,781
    ROSS MORTGAGE CORPORATION 1 7.75% $11,035
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.63% $14,048
    The Federal Savings Bank 1 6.25% $13,396
    The Huntington National Bank 1 6.25% $9,964
    THRIVE MORTGAGE, LLC 1 7.13% $8,244
    TOP FLITE FINANCIAL, INC. 1 6.75% $17,403
    TOTAL MORTGAGE SERVICES, LLC 1 5.75% $9,258
    TOWNE MORTGAGE COMPANY 1 6.63% $10,524
    VILLAGE CAPITAL MORTGAGE 1 5.25% $11,858
    1ST SIGNATURE LENDING, LLC 1 6.75% $10,229

    The top Elizabethtown FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 64 FHA loans originated. Their average total fees are $8,369, which is $683 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Elizabethtown FHA lenders (with over 10 loans originated) are RUOFF MORTGAGE COMPANY, INC. ($6,203), Prosperity Home Mortgage, LLC ($7,679), PLAZA HOME MORTGAGE, INC. ($8,357), UNITED WHOLESALE MORTGAGE, LLC ($8,369) and SOUTH CENTRAL BANK, INC. ($8,408).

    The lowest rate Elizabethtown FHA lenders (with over 10 loans originated) are PLAZA HOME MORTGAGE, INC. (6.32%), SOUTH CENTRAL BANK, INC. (6.41%), QUICKEN LOANS, LLC (6.43%), PENNYMAC LOAN SERVICES, LLC (6.47%) and Prosperity Home Mortgage, LLC (6.54%).

    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
    Elizabethtown's median listing price for 2025-01-01 was $309,888, a difference of $-5,612 (-1.8%) versus the prior year and $9,893 versus the prior month.

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

    Elizabethtown's average listing price for 2025-01-01 was $356,270, a difference of $11,374 (3.3%) versus the prior year and $-494 versus the prior month.

    For the 2025-01-01 period, Elizabethtown had 378 MLS listings, a difference of -7 listings (-2%) versus the prior month and 140 listings (59%) 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
    Elizabethtown's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Elizabethtown's median square footage for active listings during the 2025-01-01 period was 1,999 sqft. One year prior, the average listing was 1,889 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).