Huntington FHA Loan Rates, Closing Costs & Stats

Huntington, IN

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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.

    Huntington's 34 lenders originated 103 FHA loans during 2024. The total origination value was $17,475,000, with an average FHA loan value of $169,660.

    Huntington FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Huntington averaged 6.4% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

    Huntington's average FHA mortgage closing costs are $5,550.

    The average rate for the prior week (2025-03-28) was 6.59% and one month ago for the week of 2025-02-28, the average rate was 6.68%.

    The average rate one year ago was 6.6%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.36%.

    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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    RUOFF MORTGAGE COMPANY, INC. 21 6.87% $4,909
    QUICKEN LOANS, LLC 18 6.61% $7,322
    GVC MORTGAGE, INC. 8 7.11% $8,177
    NEWREZ LLC 6 7.27% $6,769
    UNITED WHOLESALE MORTGAGE, LLC 4 6.03% $8,907
    STOCKTON MORTGAGE CORPORATION 4 7.03% $7,104
    HALLMARK HOME MORTGAGE, LLC 4 7.13% $7,281
    AMERICAN FINANCING CORPORATION 2 5.62% $8,576
    PNC Bank 2 6.69% $4,811
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 2 6.88% $11,471
    FREEDOM MORTGAGE CORPORATION 2 6.00% $9,434
    MICHIGAN MUTUAL, INC. 2 7.00% $6,391
    Nations Lending Corporation 2 6.25% $7,881
    VAN DYK MORTGAGE CORPORATION 2 6.94% $5,976
    Prosperity Home Mortgage, LLC 1 6.49% $11,529
    ROYAL UNITED MORTGAGE LLC 1 7.00% $7,319
    TEACHERS CREDIT UNION 1 6.13% $6,003
    The Huntington National Bank 1 6.63% $8,807
    UNION HOME MORTGAGE CORP. 1 7.25% $6,670
    VILLAGE CAPITAL MORTGAGE 1 6.25% $8,428
    V.I.P. MORTGAGE, INC. 1 5.75% $8,546
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.49% $22,957
    CARDINAL FINANCIAL 1 6.75% $7,170
    Carrington Mortgage Services, LLC 1 6.75% $10,758
    CHURCHILL MORTGAGE CORPORATION 1 6.63% $6,629
    CMG MORTGAGE, INC. 1 5.25% $18,939
    DHI MORTGAGE COMPANY, LTD. 1 4.99% $6,309
    ENDEAVOR CAPITAL, LLC. 1 6.49% $7,077
    Fifth Third Bank 1 6.63% $7,511
    Flagstar Bank, FSB 1 6.63% $6,921
    LOANDEPOT.COM, LLC 1 6.63% $7,850
    LOANPAL, LLC 1 6.25% $10,279
    MOVEMENT MORTGAGE, LLC 1 6.75% $7,311
    PENNYMAC LOAN SERVICES, LLC 1 5.75% $8,032

    The top Huntington FHA lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 21 FHA loans originated. Their average total fees are $4,909, which is $2,413 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Huntington FHA lenders (with over 10 loans originated) are RUOFF MORTGAGE COMPANY, INC. ($4,909), QUICKEN LOANS, LLC ($7,322), .

    The lowest rate Huntington FHA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.61%), RUOFF MORTGAGE COMPANY, INC. (6.87%), .

    Huntington FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    HUNTINGTON, IN HUNTINGTON 2022 $420,680 $538,650 $651,050 $809,150
    HUNTINGTON, IN HUNTINGTON 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 $126,500 (58.3%) $155,011 (28.8%) 0.00 99
    2018-02-01 $112,436 (39.5%) $151,288 (24.4%) 0.00 98
    2018-03-01 $122,900 (46.1%) $159,286 (27.6%) 0.00 89
    2018-04-01 $123,150 (46.8%) $166,051 (24.3%) 0.00 89
    2018-05-01 $127,400 (50.1%) $166,958 (24.6%) 0.00 100
    2018-06-01 $114,900 (26.9%) $156,673 (12.2%) 0.00 110
    2018-07-01 $99,925 (9.5%) $153,923 (6.6%) 0.00 100
    2018-08-01 $128,425 (22.4%) $168,752 (8.8%) 0.00 98
    2018-09-01 $126,650 (10.1%) $158,270 (-8.3%) 0.00 108
    2018-10-01 $104,900 (-17.8%) $148,555 (-18.4%) 0.00 106
    2018-11-01 $94,700 (-25.2%) $144,791 (-15.1%) 0.00 97
    2018-12-01 $92,700 (-22.7%) $148,382 (-3.2%) 0.00 96
    2019-01-01 $106,150 (-16.1%) $156,390 (0.9%) 0.00 98
    2019-02-01 $134,695 (19.8%) $164,278 (8.6%) 0.00 92
    2019-03-01 $150,347 (22.3%) $166,682 (4.6%) 0.00 90
    2019-04-01 $156,490 (27.1%) $167,746 (1.0%) 0.00 95
    2019-05-01 $151,245 (18.7%) $160,589 (-3.8%) 0.00 105
    2019-06-01 $147,445 (28.3%) $166,212 (6.1%) 0.00 106
    2019-07-01 $149,925 (50.0%) $182,474 (18.6%) 0.00 108
    2019-08-01 $146,791 (14.3%) $174,295 (3.3%) 0.00 120
    2019-09-01 $142,127 (12.2%) $166,461 (5.2%) 0.00 129
    2019-10-01 $137,348 (30.9%) $158,026 (6.4%) 0.00 133
    2019-11-01 $129,250 (36.5%) $153,305 (5.9%) 0.00 123
    2019-12-01 $116,225 (25.4%) $140,152 (-5.6%) 0.00 122
    2020-01-01 $122,475 (15.4%) $138,331 (-11.6%) 0.00 93
    2020-02-01 $89,950 (-33.2%) $119,992 (-27.0%) 0.00 81
    2020-03-01 $98,400 (-34.6%) $127,088 (-23.8%) 0.00 92
    2020-04-01 $107,975 (-31.0%) $134,040 (-20.1%) 0.00 98
    2020-05-01 $119,900 (-20.7%) $140,412 (-12.6%) 0.00 92
    2020-06-01 $119,900 (-18.7%) $139,780 (-15.9%) 0.00 72
    2020-07-01 $114,200 (-23.8%) $167,966 (-8.0%) 0.00 57
    2020-08-01 $139,900 (-4.7%) $203,312 (16.7%) 0.00 47
    2020-09-01 $130,450 (-8.2%) $218,793 (31.4%) 0.00 48
    2020-10-01 $119,400 (-13.1%) $213,823 (35.3%) 0.00 50
    2020-11-01 $93,550 (-27.6%) $184,502 (20.4%) 0.00 49
    2020-12-01 $87,950 (-24.3%) $174,055 (24.2%) 0.00 39
    2021-01-01 $94,900 (-22.5%) $193,066 (39.6%) 0.00 26
    2021-02-01 $171,350 (90.5%) $245,161 (104.3%) 0.00 17
    2021-03-01 $212,175 (115.6%) $283,115 (122.8%) 0.00 19
    2021-04-01 $210,987 (95.4%) $305,752 (128.1%) 0.00 20
    2021-05-01 $160,000 (33.4%) $247,493 (76.3%) 0.00 20
    2021-06-01 $112,450 (-6.2%) $205,052 (46.7%) 0.00 30
    2021-07-01 $113,550 (-0.6%) $206,618 (23.0%) 0.00 38
    2021-08-01 $152,925 (9.3%) $201,645 (-0.8%) 0.00 45
    2021-09-01 $123,950 (-5.0%) $202,472 (-7.5%) 0.00 44
    2021-10-01 $113,450 (-5.0%) $191,623 (-10.4%) 0.00 47
    2021-11-01 $108,875 (16.4%) $173,345 (-6.1%) 0.00 51
    2021-12-01 $121,625 (38.3%) $209,204 (20.2%) 0.00 39
    2022-01-01 $145,000 (52.8%) $217,672 (12.8%) 0.00 31
    2022-02-01 $122,475 (-28.5%) $209,012 (-14.8%) 0.00 21
    2022-03-01 $148,625 (-30.0%) $176,443 (-37.7%) 0.00 15
    2022-04-01 $195,000 (-7.6%) $200,728 (-34.4%) 0.00 23
    2022-05-01 $220,967 (38.1%) $328,495 (32.7%) 0.00 27
    2022-06-01 $182,225 (62.1%) $282,934 (38.0%) 0.00 39
    2022-07-01 $162,411 (43.0%) $296,510 (43.5%) 0.00 39
    2022-08-01 $222,400 (45.4%) $368,629 (82.8%) 0.00 43
    2022-09-01 $197,450 (59.3%) $357,825 (76.7%) 0.00 46
    2022-10-01 $247,400 (118.1%) $399,422 (108.4%) 0.00 42
    2022-11-01 $264,400 (142.9%) $409,244 (136.1%) 0.00 38
    2022-12-01 $259,786 (113.6%) $323,762 (54.8%) 0.00 37
    2023-01-01 $250,172 (72.5%) $272,280 (25.1%) 0.00 24
    2023-02-01 $254,115 (107.5%) $254,052 (21.6%) 0.00 26
    2023-03-01 $254,115 (71.0%) $282,272 (60.0%) 0.00 30
    2023-04-01 $248,963 (27.7%) $353,971 (76.3%) 0.00 24
    2023-05-01 $198,750 (-10.1%) $303,340 (-7.7%) 0.00 30
    2023-06-01 $223,441 (22.6%) $327,416 (15.7%) 0.00 29
    2023-07-01 $224,900 (38.5%) $238,130 (-19.7%) 0.00 40
    2023-08-01 $208,700 (-6.2%) $247,257 (-32.9%) 0.00 43
    2023-09-01 $194,500 (-1.5%) $227,673 (-36.4%) 0.00 47
    2023-10-01 $183,500 (-25.8%) $220,617 (-44.8%) 0.00 56
    2023-11-01 $188,425 (-28.7%) $225,991 (-44.8%) 0.00 63
    2023-12-01 $230,000 (-11.5%) $268,119 (-17.2%) 0.00 54
    2024-01-01 $240,500 (-3.9%) $264,729 (-2.8%) 0.00 53
    2024-02-01 $243,177 (-4.3%) $249,754 (-1.7%) 0.00 51
    2024-03-01 $259,900 (2.3%) $260,073 (-7.9%) 0.00 43
    2024-04-01 $253,494 (1.8%) $266,876 (-24.6%) 0.00 40
    2024-05-01 $252,291 (26.9%) $283,277 (-6.6%) 0.00 49
    2024-06-01 $257,279 (15.1%) $291,614 (-10.9%) 0.00 49
    2024-07-01 $253,475 (12.7%) $288,171 (21.0%) 0.00 56
    2024-08-01 $242,400 (16.2%) $289,005 (16.9%) 0.00 65
    2024-09-01 $235,000 (20.8%) $274,251 (20.5%) 0.00 77
    2024-10-01 $235,450 (28.3%) $268,205 (21.6%) 0.00 78
    2024-11-01 $219,500 (16.5%) $270,169 (19.6%) 0.00 83
    2024-12-01 $231,875 (0.8%) $277,071 (3.3%) 0.00 75
    2025-01-01 $244,950 (1.9%) $285,200 (7.7%) 0.00 53
    2025-02-01 $219,950 (-9.6%) $280,617 (12.4%) 0.00 47
    2025-03-01 $250,000 (-3.8%) $300,240 (15.4%) 0.00 44
    Huntington's median listing price for 2025-03-01 was $250,000, a difference of $-9,900 (-3.8%) versus the prior year and $30,050 versus the prior month.

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

    Huntington's average listing price for 2025-03-01 was $300,240, a difference of $40,167 (15.4%) versus the prior year and $19,623 versus the prior month.

    For the 2025-03-01 period, Huntington had 44 MLS listings, a difference of -3 listings (-6%) versus the prior month and 1 listings (2%) 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 0 days 1,722 sqft
    2018-02-01 0 days 1,686 sqft
    2018-03-01 0 days 1,696 sqft
    2018-04-01 0 days 1,737 sqft
    2018-05-01 0 days 1,735 sqft
    2018-06-01 0 days 1,645 sqft
    2018-07-01 0 days 1,628 sqft
    2018-08-01 0 days 1,742 sqft
    2018-09-01 0 days 1,791 sqft
    2018-10-01 0 days 1,769 sqft
    2018-11-01 0 days 1,699 sqft
    2018-12-01 0 days 1,699 sqft
    2019-01-01 0 days 1,680 sqft
    2019-02-01 0 days 1,749 sqft
    2019-03-01 0 days 1,770 sqft
    2019-04-01 0 days 1,770 sqft
    2019-05-01 0 days 1,801 sqft
    2019-06-01 0 days 1,810 sqft
    2019-07-01 0 days 1,811 sqft
    2019-08-01 0 days 1,811 sqft
    2019-09-01 0 days 1,810 sqft
    2019-10-01 0 days 1,811 sqft
    2019-11-01 0 days 1,811 sqft
    2019-12-01 0 days 1,737 sqft
    2020-01-01 0 days 1,710 sqft
    2020-02-01 0 days 1,534 sqft
    2020-03-01 0 days 1,567 sqft
    2020-04-01 0 days 1,541 sqft
    2020-05-01 0 days 1,642 sqft
    2020-06-01 0 days 1,614 sqft
    2020-07-01 0 days 1,623 sqft
    2020-08-01 0 days 1,717 sqft
    2020-09-01 0 days 1,716 sqft
    2020-10-01 0 days 1,564 sqft
    2020-11-01 0 days 1,516 sqft
    2020-12-01 0 days 1,406 sqft
    2021-01-01 0 days 1,525 sqft
    2021-02-01 0 days 1,707 sqft
    2021-03-01 0 days 1,736 sqft
    2021-04-01 0 days 1,732 sqft
    2021-05-01 0 days 1,606 sqft
    2021-06-01 0 days 1,691 sqft
    2021-07-01 0 days 1,709 sqft
    2021-08-01 0 days 1,744 sqft
    2021-09-01 0 days 1,700 sqft
    2021-10-01 0 days 1,606 sqft
    2021-11-01 0 days 1,596 sqft
    2021-12-01 0 days 1,745 sqft
    2022-01-01 0 days 1,815 sqft
    2022-02-01 0 days 1,641 sqft
    2022-03-01 0 days 1,554 sqft
    2022-04-01 0 days 1,655 sqft
    2022-05-01 0 days 1,695 sqft
    2022-06-01 0 days 1,794 sqft
    2022-07-01 0 days 1,669 sqft
    2022-08-01 0 days 1,882 sqft
    2022-09-01 0 days 1,892 sqft
    2022-10-01 0 days 1,932 sqft
    2022-11-01 0 days 1,940 sqft
    2022-12-01 0 days 1,772 sqft
    2023-01-01 0 days 1,495 sqft
    2023-02-01 0 days 1,511 sqft
    2023-03-01 0 days 1,603 sqft
    2023-04-01 0 days 1,539 sqft
    2023-05-01 0 days 1,493 sqft
    2023-06-01 0 days 1,798 sqft
    2023-07-01 0 days 1,669 sqft
    2023-08-01 0 days 1,627 sqft
    2023-09-01 0 days 1,569 sqft
    2023-10-01 0 days 1,574 sqft
    2023-11-01 0 days 1,595 sqft
    2023-12-01 0 days 1,641 sqft
    2024-01-01 0 days 1,607 sqft
    2024-02-01 0 days 1,562 sqft
    2024-03-01 0 days 1,697 sqft
    2024-04-01 0 days 1,875 sqft
    2024-05-01 0 days 1,920 sqft
    2024-06-01 0 days 1,890 sqft
    2024-07-01 0 days 1,887 sqft
    2024-08-01 0 days 1,890 sqft
    2024-09-01 0 days 1,811 sqft
    2024-10-01 0 days 1,777 sqft
    2024-11-01 0 days 1,839 sqft
    2024-12-01 0 days 1,770 sqft
    2025-01-01 0 days 1,807 sqft
    2025-02-01 0 days 1,714 sqft
    2025-03-01 0 days 1,840 sqft
    Huntington's median listing age (time on market) for 2025-03-01 was 0 days.

    Huntington's median square footage for active listings during the 2025-03-01 period was 1,840 sqft. One year prior, the average listing was 1,697 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).