Huntington FHA Loan Rates, Closing Costs & Stats

HUNTINGTON-ASHLAND, WV-KY-OH

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.

Huntington's 92 lenders originated 1,042 FHA loans during 2022. The total origination value was $154,250,000, with an average FHA loan value of $148,033.

Huntington FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Huntington averaged 6.31% for the week of 2024-02-16, compared to the national average (all FHA variants) of 6.611% for the same period.

Huntington's average FHA mortgage closing costs are $5,930.

The average rate for the prior week (2024-02-09) was 6.31% and one month ago for the week of 2024-01-12, the average rate was 6.25%.

The average rate one year ago was 5.8%.

For refis of the same type during the week of 2024-02-16, the average rate was 5.54%.

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

Huntington 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 Huntington level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
MOVEMENT MORTGAGE, LLC 118 4.95% $7,425
QUICKEN LOANS, LLC 114 4.51% $7,111
First Option Mortgage, LLC 99 5.09% $6,798
LOANDEPOT.COM, LLC 75 5.27% $8,211
PRIMELENDING, A PLAINSCAPITAL COMPANY 64 5.44% $7,026
Hometown Lenders, Inc. 52 5.08% $7,358
CALIBER HOME LOANS, INC. 47 5.33% $6,259
Victorian Finance, LLC 33 5.14% $8,020
Gateway First Bank 30 5.40% $4,871
The Huntington National Bank 28 5.16% $5,142
STOCKTON MORTGAGE CORPORATION 28 4.83% $6,487
MYCUMORTGAGE, LLC 17 4.51% $5,930
AMERISAVE MORTGAGE CORPORATION 13 4.93% $7,738
Equity Prime Mortgage LLC 13 5.55% $6,178
BROKER SOLUTIONS, INC. 13 5.16% $8,322
U.S. Bank 12 4.59% $5,867
CARDINAL FINANCIAL 11 5.76% $7,746
Mr. Cooper ( Nationstar Mortgage ) 11 5.01% $6,706
FREEDOM MORTGAGE CORPORATION 10 5.43% $6,661
GUARANTEED RATE, INC. 9 4.78% $6,450
CROSSCOUNTRY MORTGAGE, LLC 9 5.25% $9,687
PENNYMAC LOAN SERVICES, LLC 9 4.67% $6,642
AMERICAN MORTGAGE SERVICE COMPANY 9 4.93% $5,835
LAKEVIEW LOAN SERVICING, LLC 8 3.91% $5,131
UNITED WHOLESALE MORTGAGE, LLC 7 6.30% $7,481
WesBanco 6 4.19% $6,410
BAYSHORE MORTGAGE FUNDING, LLC 6 5.58% $8,867
AMERICAN FINANCING CORPORATION 6 4.27% $6,976
Platinum Home Mortgage Corporation 5 5.75% $7,916
Fifth Third Bank 5 5.00% $5,458
LIBERTY HOME MORTGAGE CORPORATION 5 5.45% $9,793
Mortgage Research Center, LLC 5 6.27% $4,070
Nations Lending Corporation 5 5.90% $10,387
AMERICAN FINANCIAL RESOURCES, INC. 4 4.00% $7,466
MORTGAGE SUPPLIERS, INC. 4 4.72% $3,465
Carrington Mortgage Services, LLC 4 5.09% $8,325
United Bank 3 5.00% $6,351
Flagstar Bank, FSB 3 4.82% $5,720
POLARIS HOME FUNDING CORP. 3 5.67% $8,964
UNION HOME MORTGAGE CORP. 3 5.54% $6,827
First Federal Bank of the Midwest 3 4.79% $9,247
NEWREZ LLC 3 4.16% $3,670
MID AMERICA MORTGAGE, INC. 2 5.06% $4,809
PLANET HOME LENDING, LLC 2 5.00% $7,724
PNC Bank 2 4.75% $6,194
Bank of England 2 5.31% $6,796
VANDERBILT MORTGAGE AND FINANCE, INC. 2 5.50% $10,108
MUTUAL OF OMAHA MORTGAGE, INC. 2 5.25% $7,310
TOP FLITE FINANCIAL, INC. 2 4.69% $11,274
HOMESIDE FINANCIAL, LLC 2 5.69% $9,472
SUN WEST MORTGAGE COMPANY, INC. 2 5.81% $7,672
INTERCOASTAL MORTGAGE COMPANY 2 3.25% $4,389
GoPrime Mortgage, Inc. 2 5.13% $10,190
DAS Acquisition Company, LLC 2 6.38% $7,731
VILLAGE CAPITAL MORTGAGE 2 3.49% $2,472
Prosperity Home Mortgage, LLC 2 5.75% $4,126
Wyndham Capital Mortgage, Inc. 1 7.13% $6,352
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.25% $4,475
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.50% $10,015
AMERIFIRST FINANCIAL CORPORATION 1 3.38% $5,196
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.75% $3,363
Atlantic Union Bank 1 5.75% $9,523
Century Mortgage Company DBA Century Lending Company 1 4.25% $9,261
CMG MORTGAGE, INC. 1 4.25% $7,617
ENVOY MORTGAGE, LTD 1 6.13% $12,001
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.63% $9,490
EVERETT FINANCIAL, INC. 1 6.25% $4,409
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 4.50% $7,831
FINANCE OF AMERICA MORTGAGE LLC 1 3.25% $8,406
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.13% $6,921
GUARANTEED RATE AFFINITY, LLC 1 3.50% $6,759
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.38% $15,877
HOMESPIRE MORTGAGE CORPORATION 1 6.63% $16,811
JPMorgan Chase Bank 1 5.25% $5,464
Lakeview Community Capital, LLC 1 4.09% $3,158
LEADERONE FINANCIAL CORPORATION 1 6.63% $8,523
MORIA DEVELOPMENT, INC. 1 5.63% $14,643
M&T Bank 1 3.13% $6,193
Northpointe Bank 1 5.63% $7,466
OCEANSIDE MORTGAGE COMPANY 1 5.25% $3,325
Peoples Bank 1 4.75% $5,155
Plains Commerce Bank 1 6.25% $2,719
RELIANCE FIRST CAPITAL, LLC 1 4.63% $9,483
Republic Bank & Trust Company 1 5.38% $6,020
ROYAL UNITED MORTGAGE LLC 1 5.63% $10,979
RUOFF MORTGAGE COMPANY, INC. 1 6.75% $9,972
SIWELL, INC. 1 6.25% $6,916
Stock Yards Bank & Trust Company 1 2.88% $5,978
SUCCESS MORTGAGE PARTNERS, INC. 1 4.75% $5,392
Texana Bank 1 2.88% $10,624
The Federal Savings Bank 1 4.88% $13,982
Truist 1 3.88% $5,397

The top Huntington FHA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with 118 FHA loans originated. Their average total fees are $7,425, which is $314 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Huntington FHA lenders (with over 10 loans originated) are Gateway First Bank ($4,871), The Huntington National Bank ($5,142), U.S. Bank ($5,867), MYCUMORTGAGE, LLC ($5,930) and Equity Prime Mortgage LLC ($6,178).

The lowest rate Huntington FHA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (4.51%), MYCUMORTGAGE, LLC (4.51%), U.S. Bank (4.59%), STOCKTON MORTGAGE CORPORATION (4.83%) and AMERISAVE MORTGAGE CORPORATION (4.93%).

Huntington FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
HUNTINGTON-ASHLAND, WV-KY-OH BOYD 2022 $420,680 $538,650 $651,050 $809,150
HUNTINGTON-ASHLAND, WV-KY-OH CARTER 2022 $420,680 $538,650 $651,050 $809,150
HUNTINGTON-ASHLAND, WV-KY-OH GREENUP 2022 $420,680 $538,650 $651,050 $809,150
HUNTINGTON-ASHLAND, WV-KY-OH LAWRENCE 2022 $420,680 $538,650 $651,050 $809,150
HUNTINGTON-ASHLAND, WV-KY-OH CABELL 2022 $420,680 $538,650 $651,050 $809,150
HUNTINGTON-ASHLAND, WV-KY-OH PUTNAM 2022 $420,680 $538,650 $651,050 $809,150
HUNTINGTON-ASHLAND, WV-KY-OH WAYNE 2022 $420,680 $538,650 $651,050 $809,150
HUNTINGTON-ASHLAND, WV-KY-OH BOYD 2023 $472,030 $604,400 $730,525 $907,900
HUNTINGTON-ASHLAND, WV-KY-OH CARTER 2023 $472,030 $604,400 $730,525 $907,900
HUNTINGTON-ASHLAND, WV-KY-OH GREENUP 2023 $472,030 $604,400 $730,525 $907,900
HUNTINGTON-ASHLAND, WV-KY-OH LAWRENCE 2023 $472,030 $604,400 $730,525 $907,900
HUNTINGTON-ASHLAND, WV-KY-OH CABELL 2023 $472,030 $604,400 $730,525 $907,900
HUNTINGTON-ASHLAND, WV-KY-OH PUTNAM 2023 $472,030 $604,400 $730,525 $907,900
HUNTINGTON-ASHLAND, WV-KY-OH WAYNE 2023 $472,030 $604,400 $730,525 $907,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Huntington (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 $134,400 (0.2%) $188,168 (3.3%) 0.50 1,712
2018-02-01 $134,900 (1.1%) $192,101 (6.5%) 0.49 1,692
2018-03-01 $135,000 (0.0%) $193,902 (7.0%) 0.47 1,678
2018-04-01 $136,737 (-1.6%) $192,877 (2.5%) 0.46 1,711
2018-05-01 $138,825 (-0.3%) $196,100 (3.1%) 0.46 1,748
2018-06-01 $144,000 (2.9%) $198,088 (3.0%) 0.48 1,796
2018-07-01 $145,250 (4.1%) $199,851 (4.6%) 0.49 1,873
2018-08-01 $144,900 (6.6%) $199,088 (7.2%) 0.49 1,908
2018-09-01 $147,250 (9.2%) $198,912 (8.0%) 0.50 1,907
2018-10-01 $144,950 (8.8%) $196,364 (6.4%) 0.49 1,881
2018-11-01 $142,500 (8.6%) $192,357 (4.0%) 0.48 1,877
2018-12-01 $139,900 (7.7%) $191,525 (2.1%) 0.48 1,820
2019-01-01 $139,900 (4.1%) $189,977 (1.0%) 0.48 1,682
2019-02-01 $138,625 (2.8%) $189,814 (-1.2%) 0.47 1,646
2019-03-01 $139,214 (3.1%) $192,566 (-0.7%) 0.46 1,642
2019-04-01 $139,700 (2.2%) $195,423 (1.3%) 0.44 1,626
2019-05-01 $142,400 (2.6%) $196,021 (0.0%) 0.45 1,601
2019-06-01 $142,500 (-1.0%) $194,269 (-1.9%) 0.45 1,619
2019-07-01 $139,950 (-3.7%) $190,962 (-4.5%) 0.44 1,641
2019-08-01 $140,336 (-3.2%) $191,436 (-3.8%) 0.44 1,664
2019-09-01 $140,091 (-4.9%) $191,444 (-3.8%) 0.45 1,673
2019-10-01 $139,900 (-3.5%) $191,450 (-2.5%) 0.45 1,676
2019-11-01 $139,425 (-2.2%) $195,233 (1.5%) 0.46 1,612
2019-12-01 $134,900 (-3.6%) $193,224 (0.9%) 0.45 1,563
2020-01-01 $129,900 (-7.2%) $191,406 (0.8%) 0.43 1,459
2020-02-01 $129,900 (-6.3%) $193,333 (1.9%) 0.43 1,438
2020-03-01 $129,900 (-6.7%) $191,232 (-0.7%) 0.41 1,371
2020-04-01 $129,900 (-7.0%) $193,121 (-1.2%) 0.41 1,295
2020-05-01 $134,900 (-5.3%) $193,668 (-1.2%) 0.41 1,204
2020-06-01 $144,875 (1.7%) $206,172 (6.1%) 0.43 1,064
2020-07-01 $149,000 (6.5%) $204,825 (7.3%) 0.43 1,027
2020-08-01 $146,750 (4.6%) $207,894 (8.6%) 0.42 905
2020-09-01 $149,000 (6.4%) $208,129 (8.7%) 0.43 850
2020-10-01 $145,000 (3.7%) $205,681 (7.4%) 0.42 856
2020-11-01 $139,900 (0.3%) $195,930 (0.4%) 0.41 818
2020-12-01 $135,000 (0.1%) $188,185 (-2.6%) 0.40 777
2021-01-01 $129,950 (0.0%) $185,347 (-3.2%) 0.39 725
2021-02-01 $124,563 (-4.1%) $174,976 (-9.5%) 0.36 649
2021-03-01 $119,950 (-7.7%) $178,156 (-6.8%) 0.34 602
2021-04-01 $116,850 (-10.1%) $190,252 (-1.5%) 0.32 551
2021-05-01 $123,900 (-8.2%) $205,443 (6.1%) 0.33 536
2021-06-01 $130,000 (-10.3%) $215,715 (4.6%) 0.34 502
2021-07-01 $139,900 (-6.1%) $224,717 (9.7%) 0.37 549
2021-08-01 $150,000 (2.2%) $225,450 (8.4%) 0.40 572
2021-09-01 $154,000 (3.4%) $229,950 (10.5%) 0.41 579
2021-10-01 $149,900 (3.4%) $219,284 (6.6%) 0.40 649
2021-11-01 $149,450 (6.8%) $217,708 (11.1%) 0.40 655
2021-12-01 $149,450 (10.7%) $219,833 (16.8%) 0.40 604
2022-01-01 $145,000 (11.6%) $221,586 (19.6%) 0.39 534
2022-02-01 $139,450 (12.0%) $223,519 (27.7%) 0.36 463
2022-03-01 $149,675 (24.8%) $245,418 (37.8%) 0.37 419
2022-04-01 $165,000 (41.2%) $271,485 (42.7%) 0.39 399
2022-05-01 $177,000 (42.9%) $251,440 (22.4%) 0.40 431
2022-06-01 $179,950 (38.4%) $244,015 (13.1%) 0.40 533
2022-07-01 $175,000 (25.1%) $242,609 (8.0%) 0.39 565
2022-08-01 $171,200 (14.1%) $242,906 (7.7%) 0.40 599
2022-09-01 $177,000 (14.9%) $246,340 (7.1%) 0.41 648
2022-10-01 $179,900 (20.0%) $242,110 (10.4%) 0.42 634
2022-11-01 $175,000 (17.1%) $249,178 (14.5%) 0.42 651
2022-12-01 $164,900 (10.3%) $247,092 (12.4%) 0.41 610
2023-01-01 $159,900 (10.3%) $243,594 (9.9%) 0.40 557
2023-02-01 $174,900 (25.4%) $251,519 (12.5%) 0.42 495
2023-03-01 $177,375 (18.5%) $264,268 (7.7%) 0.42 458
2023-04-01 $179,900 (9.0%) $263,323 (-3.0%) 0.42 433
2023-05-01 $177,450 (0.3%) $262,655 (4.5%) 0.40 429
2023-06-01 $185,600 (3.1%) $263,399 (7.9%) 0.42 454
2023-07-01 $185,000 (5.7%) $268,954 (10.9%) 0.42 484
2023-08-01 $179,450 (4.8%) $264,571 (8.9%) 0.41 534
2023-09-01 $179,900 (1.6%) $261,335 (6.1%) 0.42 563
2023-10-01 $194,575 (8.2%) $277,205 (14.5%) 0.46 595
2023-11-01 $185,000 (5.7%) $261,025 (4.8%) 0.44 587
2023-12-01 $180,000 (9.2%) $249,320 (0.9%) 0.44 587
Huntington's median listing price for 2023-12-01 was $180,000, a difference of $15,100 (9.2%) versus the prior year and $-5,000 versus the prior month.

Huntington's median listing price comes in at 44% of the national average.

Huntington's average listing price for 2023-12-01 was $249,320, a difference of $2,228 (0.9%) versus the prior year and $-11,705 versus the prior month.

For the 2023-12-01 period, Huntington had 587 MLS listings, a difference of 0 listings (0%) versus the prior month and -23 listings (-4%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Huntington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 109 days 1,750 sqft
2018-02-01 106 days 1,759 sqft
2018-03-01 89 days 1,771 sqft
2018-04-01 80 days 1,788 sqft
2018-05-01 75 days 1,800 sqft
2018-06-01 81 days 1,811 sqft
2018-07-01 78 days 1,813 sqft
2018-08-01 78 days 1,829 sqft
2018-09-01 80 days 1,834 sqft
2018-10-01 86 days 1,817 sqft
2018-11-01 93 days 1,800 sqft
2018-12-01 101 days 1,800 sqft
2019-01-01 109 days 1,800 sqft
2019-02-01 108 days 1,775 sqft
2019-03-01 98 days 1,767 sqft
2019-04-01 84 days 1,767 sqft
2019-05-01 78 days 1,778 sqft
2019-06-01 75 days 1,776 sqft
2019-07-01 76 days 1,779 sqft
2019-08-01 76 days 1,773 sqft
2019-09-01 79 days 1,769 sqft
2019-10-01 82 days 1,763 sqft
2019-11-01 88 days 1,740 sqft
2019-12-01 99 days 1,743 sqft
2020-01-01 107 days 1,729 sqft
2020-02-01 102 days 1,722 sqft
2020-03-01 92 days 1,699 sqft
2020-04-01 88 days 1,677 sqft
2020-05-01 93 days 1,714 sqft
2020-06-01 89 days 1,784 sqft
2020-07-01 75 days 1,800 sqft
2020-08-01 73 days 1,793 sqft
2020-09-01 69 days 1,782 sqft
2020-10-01 66 days 1,800 sqft
2020-11-01 67 days 1,763 sqft
2020-12-01 74 days 1,688 sqft
2021-01-01 84 days 1,680 sqft
2021-02-01 87 days 1,601 sqft
2021-03-01 77 days 1,570 sqft
2021-04-01 65 days 1,570 sqft
2021-05-01 47 days 1,600 sqft
2021-06-01 51 days 1,615 sqft
2021-07-01 50 days 1,700 sqft
2021-08-01 44 days 1,703 sqft
2021-09-01 51 days 1,723 sqft
2021-10-01 52 days 1,674 sqft
2021-11-01 57 days 1,612 sqft
2021-12-01 65 days 1,607 sqft
2022-01-01 79 days 1,596 sqft
2022-02-01 83 days 1,580 sqft
2022-03-01 65 days 1,684 sqft
2022-04-01 50 days 1,776 sqft
2022-05-01 41 days 1,800 sqft
2022-06-01 35 days 1,852 sqft
2022-07-01 45 days 1,824 sqft
2022-08-01 51 days 1,813 sqft
2022-09-01 52 days 1,843 sqft
2022-10-01 58 days 1,845 sqft
2022-11-01 66 days 1,821 sqft
2022-12-01 79 days 1,805 sqft
2023-01-01 82 days 1,798 sqft
2023-02-01 80 days 1,811 sqft
2023-03-01 64 days 1,810 sqft
2023-04-01 58 days 1,857 sqft
2023-05-01 52 days 1,801 sqft
2023-06-01 50 days 1,797 sqft
2023-07-01 49 days 1,865 sqft
2023-08-01 42 days 1,810 sqft
2023-09-01 45 days 1,800 sqft
2023-10-01 50 days 1,856 sqft
2023-11-01 54 days 1,781 sqft
2023-12-01 60 days 1,744 sqft
Huntington's median listing age (time on market) for 2023-12-01 was 60 days. This is -24% shorter than the same period one year ago.

Huntington's median square footage for active listings during the 2023-12-01 period was 1,744 sqft. One year prior, the average listing was 1,805 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).