Johnstown FHA Loan Rates, Closing Costs & Stats

JOHNSTOWN, PA

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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.

    Johnstown's 37 lenders originated 180 FHA loans during 2024. The total origination value was $24,100,000, with an average FHA loan value of $133,889.

    Johnstown FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Johnstown averaged 6.82% for the week of 2025-07-11, compared to the national average (all FHA variants) of 6.523% for the same period.

    Johnstown's average FHA mortgage closing costs are $6,092.

    The average rate for the prior week (2025-07-04) was 6.85% and one month ago for the week of 2025-06-06, the average rate was 6.59%.

    The average rate one year ago was 7.02%.

    For refis of the same type during the week of 2025-07-11, the average rate was 6.32%.

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

    Johnstown 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 Johnstown level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 38 6.62% $7,940
    PRIMELENDING, A PLAINSCAPITAL COMPANY 21 6.40% $8,317
    First Commonwealth Bank 19 6.47% $6,682
    Flagstar Bank, FSB 10 6.61% $7,851
    UNITED WHOLESALE MORTGAGE, LLC 6 6.85% $8,454
    NATIONS RELIABLE LENDING, LLC 4 6.03% $8,484
    CROSSCOUNTRY MORTGAGE, LLC 4 6.65% $7,043
    Mortgage Research Center, LLC 4 6.63% $2,974
    LOANDEPOT.COM, LLC 3 7.00% $8,190
    BROKER SOLUTIONS, INC. 3 7.00% $7,521
    NORWICH COMMERCIAL GROUP, INC. 3 6.92% $12,459
    Century Mortgage Company DBA Century Lending Company 3 6.87% $10,213
    AFFORDABLE MORTGAGE ADVISORS, LLC. 3 6.67% $7,024
    Carrington Mortgage Services, LLC 2 6.25% $7,526
    PENNYMAC LOAN SERVICES, LLC 2 5.75% $8,392
    First National Bank of Pennsylvania 2 6.44% $6,741
    RADIUS FINANCIAL GROUP INC. 2 6.88% $9,676
    Equity Prime Mortgage LLC 2 7.63% $6,190
    UNION HOME MORTGAGE CORP. 1 6.88% $5,159
    ZILLOW HOME LOANS, LLC 1 6.25% $9,127
    BETTER MORTGAGE CORPORATION 1 7.00% $9,124
    CMG MORTGAGE, INC. 1 6.63% $6,818
    EMM LOANS LLC 1 6.75% $5,726
    FIRST COLONY MORTGAGE CORPORATION 1 6.75% $26,658
    FIRST COMMUNITY MORTGAGE, INC. 1 7.75% $5,968
    FREEDOM MORTGAGE CORPORATION 1 7.25% $10,568
    Integrity Home Mortgage Corp 1 6.38% $6,795
    JLB CORPORATION 1 6.25% $8,119
    LOANPAL, LLC 1 4.75% $9,194
    MILEND, INC. 1 6.13% $24,209
    MOVEMENT MORTGAGE, LLC 1 6.25% $8,994
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.25% $9,856
    PLANET HOME LENDING, LLC 1 7.38% $6,509
    PLAZA HOME MORTGAGE, INC. 1 5.88% $11,062
    Prosperity Home Mortgage, LLC 1 6.13% $13,765
    ROYAL UNITED MORTGAGE LLC 1 7.25% $6,865
    TOTAL MORTGAGE SERVICES, LLC 1 7.25% $9,539

    The top Johnstown FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 38 FHA loans originated. Their average total fees are $7,940, which is $377 lower than the next largest lender, PRIMELENDING, A PLAINSCAPITAL COMPANY.

    The lowest fee Johnstown FHA lenders (with over 10 loans originated) are First Commonwealth Bank ($6,682), Flagstar Bank, FSB ($7,851), QUICKEN LOANS, LLC ($7,940), PRIMELENDING, A PLAINSCAPITAL COMPANY ($8,317) and .

    The lowest rate Johnstown FHA lenders (with over 10 loans originated) are PRIMELENDING, A PLAINSCAPITAL COMPANY (6.40%), First Commonwealth Bank (6.47%), Flagstar Bank, FSB (6.61%), QUICKEN LOANS, LLC (6.62%) and .

    Johnstown FHA Loan Limits

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Johnstown (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 $74,650 (6.8%) $101,094 (-3.0%) 0.28 461
    2018-02-01 $69,550 (7.0%) $95,688 (-5.6%) 0.25 444
    2018-03-01 $69,900 (0.0%) $95,264 (-10.0%) 0.24 442
    2018-04-01 $72,900 (1.4%) $100,039 (-5.4%) 0.25 459
    2018-05-01 $74,900 (-0.1%) $104,666 (-4.3%) 0.25 488
    2018-06-01 $79,900 (6.7%) $109,777 (0.0%) 0.27 520
    2018-07-01 $79,900 (10.2%) $109,116 (1.4%) 0.27 546
    2018-08-01 $79,300 (5.9%) $107,661 (-0.4%) 0.26 552
    2018-09-01 $79,000 (9.7%) $109,132 (1.2%) 0.26 539
    2018-10-01 $77,300 (3.2%) $109,232 (2.0%) 0.26 530
    2018-11-01 $74,975 (0.1%) $107,841 (0.7%) 0.25 499
    2018-12-01 $72,000 (2.9%) $105,879 (3.7%) 0.25 456
    2019-01-01 $71,000 (-4.9%) $108,740 (7.6%) 0.26 415
    2019-02-01 $69,925 (0.5%) $108,129 (13.0%) 0.24 404
    2019-03-01 $75,836 (8.5%) $114,418 (20.1%) 0.25 419
    2019-04-01 $84,125 (15.4%) $123,258 (23.2%) 0.27 435
    2019-05-01 $81,625 (9.0%) $121,289 (15.9%) 0.26 426
    2019-06-01 $89,000 (11.4%) $119,470 (8.8%) 0.28 459
    2019-07-01 $87,425 (9.4%) $116,502 (6.8%) 0.28 510
    2019-08-01 $83,941 (5.9%) $115,035 (6.9%) 0.27 522
    2019-09-01 $82,427 (4.3%) $114,113 (4.6%) 0.27 525
    2019-10-01 $82,243 (6.4%) $114,972 (5.3%) 0.27 517
    2019-11-01 $79,900 (6.6%) $111,427 (3.3%) 0.26 487
    2019-12-01 $79,900 (11.0%) $110,395 (4.3%) 0.27 446
    2020-01-01 $79,900 (12.5%) $110,455 (1.6%) 0.27 410
    2020-02-01 $74,900 (7.1%) $99,667 (-7.8%) 0.24 376
    2020-03-01 $77,100 (1.7%) $105,173 (-8.1%) 0.24 383
    2020-04-01 $77,875 (-7.4%) $106,157 (-13.9%) 0.24 346
    2020-05-01 $79,900 (-2.1%) $110,528 (-8.9%) 0.24 320
    2020-06-01 $82,450 (-7.4%) $115,686 (-3.2%) 0.23 308
    2020-07-01 $80,000 (-8.5%) $114,733 (-1.5%) 0.23 308
    2020-08-01 $87,500 (4.2%) $118,641 (3.1%) 0.25 303
    2020-09-01 $82,750 (0.4%) $116,711 (2.3%) 0.25 267
    2020-10-01 $75,900 (-7.7%) $108,548 (-5.6%) 0.22 256
    2020-11-01 $79,650 (-0.3%) $110,723 (-0.6%) 0.23 235
    2020-12-01 $80,425 (0.7%) $111,679 (1.2%) 0.23 211
    2021-01-01 $79,900 (0.0%) $108,863 (-1.4%) 0.25 181
    2021-02-01 $80,925 (8.0%) $110,728 (11.1%) 0.24 151
    2021-03-01 $74,950 (-2.8%) $107,289 (2.0%) 0.21 139
    2021-04-01 $74,975 (-3.7%) $103,525 (-2.5%) 0.20 128
    2021-05-01 $84,900 (6.3%) $128,437 (16.2%) 0.23 145
    2021-06-01 $96,950 (17.6%) $150,839 (30.4%) 0.25 165
    2021-07-01 $105,900 (32.4%) $151,546 (32.1%) 0.28 193
    2021-08-01 $92,350 (5.5%) $138,545 (16.8%) 0.24 202
    2021-09-01 $100,000 (20.9%) $138,076 (18.3%) 0.28 198
    2021-10-01 $99,900 (31.6%) $135,957 (25.3%) 0.26 212
    2021-11-01 $93,675 (17.6%) $137,176 (23.9%) 0.25 180
    2021-12-01 $94,700 (17.8%) $134,680 (20.6%) 0.25 164
    2022-01-01 $89,900 (12.5%) $132,584 (21.8%) 0.24 142
    2022-02-01 $81,975 (1.3%) $128,550 (16.1%) 0.20 127
    2022-03-01 $82,500 (10.1%) $134,720 (25.6%) 0.20 121
    2022-04-01 $85,000 (13.4%) $127,115 (22.8%) 0.20 129
    2022-05-01 $92,450 (8.9%) $138,675 (8.0%) 0.21 139
    2022-06-01 $92,325 (-4.8%) $136,970 (-9.2%) 0.20 159
    2022-07-01 $109,450 (3.4%) $146,722 (-3.2%) 0.23 190
    2022-08-01 $110,450 (19.6%) $143,920 (3.9%) 0.26 213
    2022-09-01 $118,500 (18.5%) $143,127 (3.7%) 0.00 188
    2022-10-01 $109,950 (10.1%) $138,213 (1.7%) 0.00 181
    2022-11-01 $113,675 (21.4%) $139,000 (1.3%) 0.00 178
    2022-12-01 $94,950 (0.3%) $127,872 (-5.1%) 0.00 165
    2023-01-01 $87,400 (-2.8%) $122,001 (-8.0%) 0.00 154
    2023-02-01 $91,950 (12.2%) $128,745 (0.2%) 0.00 142
    2023-03-01 $98,475 (19.4%) $130,145 (-3.4%) 0.00 136
    2023-04-01 $98,500 (15.9%) $136,155 (7.1%) 0.00 125
    2023-05-01 $85,500 (-7.5%) $127,363 (-8.2%) 0.00 149
    2023-06-01 $94,200 (2.0%) $132,014 (-3.6%) 0.00 196
    2023-07-01 $95,000 (-13.2%) $134,281 (-8.5%) 0.00 201
    2023-08-01 $109,950 (-0.5%) $147,687 (2.6%) 0.00 209
    2023-09-01 $109,000 (-8.0%) $146,496 (2.4%) 0.00 204
    2023-10-01 $103,750 (-5.6%) $141,175 (2.1%) 0.00 213
    2023-11-01 $97,400 (-14.3%) $139,562 (0.4%) 0.00 208
    2023-12-01 $99,900 (5.2%) $141,488 (10.7%) 0.00 196
    2024-01-01 $97,450 (11.5%) $145,684 (19.4%) 0.00 181
    2024-02-01 $99,650 (8.4%) $143,686 (11.6%) 0.00 163
    2024-03-01 $109,450 (11.1%) $142,911 (9.8%) 0.00 164
    2024-04-01 $111,450 (13.2%) $147,564 (8.4%) 0.00 163
    2024-05-01 $119,925 (40.3%) $154,319 (21.2%) 0.00 171
    2024-06-01 $134,900 (43.2%) $165,679 (25.5%) 0.00 166
    2024-07-01 $139,900 (47.3%) $169,963 (26.6%) 0.00 168
    2024-08-01 $134,950 (22.7%) $169,332 (14.7%) 0.00 194
    2024-09-01 $134,900 (23.8%) $164,381 (12.2%) 0.00 201
    2024-10-01 $122,475 (18.1%) $158,271 (12.1%) 0.00 206
    2024-11-01 $125,000 (28.3%) $163,585 (17.2%) 0.00 195
    2024-12-01 $117,450 (17.6%) $157,444 (11.3%) 0.00 186
    2025-01-01 $119,450 (22.6%) $157,892 (8.4%) 0.00 176
    2025-02-01 $125,000 (25.4%) $163,434 (13.7%) 0.00 153
    2025-03-01 $117,450 (7.3%) $155,156 (8.6%) 0.00 147
    2025-04-01 $109,500 (-1.8%) $147,504 (0.0%) 0.00 141
    2025-05-01 $110,000 (-8.3%) $152,336 (-1.3%) 0.00 137
    2025-06-01 $130,750 (-3.1%) $156,769 (-5.4%) 0.00 154
    Johnstown's median listing price for 2025-06-01 was $130,750, a difference of $-4,150 (-3.1%) versus the prior year and $20,750 versus the prior month.

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

    Johnstown's average listing price for 2025-06-01 was $156,769, a difference of $-8,910 (-5.4%) versus the prior year and $4,433 versus the prior month.

    For the 2025-06-01 period, Johnstown had 154 MLS listings, a difference of 17 listings (12%) versus the prior month and -12 listings (-7%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Johnstown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 141 days 1,519 sqft
    2018-02-01 145 days 1,484 sqft
    2018-03-01 144 days 1,495 sqft
    2018-04-01 125 days 1,543 sqft
    2018-05-01 85 days 1,557 sqft
    2018-06-01 74 days 1,560 sqft
    2018-07-01 80 days 1,558 sqft
    2018-08-01 84 days 1,543 sqft
    2018-09-01 94 days 1,558 sqft
    2018-10-01 98 days 1,560 sqft
    2018-11-01 107 days 1,532 sqft
    2018-12-01 120 days 1,532 sqft
    2019-01-01 128 days 1,550 sqft
    2019-02-01 133 days 1,536 sqft
    2019-03-01 135 days 1,570 sqft
    2019-04-01 93 days 1,619 sqft
    2019-05-01 76 days 1,631 sqft
    2019-06-01 75 days 1,616 sqft
    2019-07-01 76 days 1,598 sqft
    2019-08-01 80 days 1,572 sqft
    2019-09-01 89 days 1,564 sqft
    2019-10-01 93 days 1,567 sqft
    2019-11-01 93 days 1,600 sqft
    2019-12-01 102 days 1,600 sqft
    2020-01-01 115 days 1,566 sqft
    2020-02-01 126 days 1,497 sqft
    2020-03-01 127 days 1,487 sqft
    2020-04-01 136 days 1,462 sqft
    2020-05-01 144 days 1,500 sqft
    2020-06-01 117 days 1,561 sqft
    2020-07-01 73 days 1,466 sqft
    2020-08-01 72 days 1,538 sqft
    2020-09-01 83 days 1,471 sqft
    2020-10-01 77 days 1,456 sqft
    2020-11-01 83 days 1,455 sqft
    2020-12-01 100 days 1,484 sqft
    2021-01-01 109 days 1,456 sqft
    2021-02-01 110 days 1,461 sqft
    2021-03-01 108 days 1,312 sqft
    2021-04-01 78 days 1,344 sqft
    2021-05-01 41 days 1,402 sqft
    2021-06-01 40 days 1,557 sqft
    2021-07-01 45 days 1,546 sqft
    2021-08-01 47 days 1,500 sqft
    2021-09-01 52 days 1,493 sqft
    2021-10-01 57 days 1,478 sqft
    2021-11-01 62 days 1,465 sqft
    2021-12-01 71 days 1,485 sqft
    2022-01-01 87 days 1,516 sqft
    2022-02-01 89 days 1,477 sqft
    2022-03-01 62 days 1,500 sqft
    2022-04-01 45 days 1,503 sqft
    2022-05-01 50 days 1,534 sqft
    2022-06-01 39 days 1,468 sqft
    2022-07-01 40 days 1,543 sqft
    2022-08-01 45 days 1,489 sqft
    2022-09-01 0 days 1,530 sqft
    2022-10-01 0 days 1,511 sqft
    2022-11-01 0 days 1,591 sqft
    2022-12-01 0 days 1,572 sqft
    2023-01-01 0 days 1,460 sqft
    2023-02-01 0 days 1,531 sqft
    2023-03-01 0 days 1,510 sqft
    2023-04-01 0 days 1,585 sqft
    2023-05-01 0 days 1,478 sqft
    2023-06-01 0 days 1,520 sqft
    2023-07-01 0 days 1,556 sqft
    2023-08-01 0 days 1,584 sqft
    2023-09-01 0 days 1,544 sqft
    2023-10-01 0 days 1,501 sqft
    2023-11-01 0 days 1,450 sqft
    2023-12-01 0 days 1,428 sqft
    2024-01-01 0 days 1,405 sqft
    2024-02-01 0 days 1,416 sqft
    2024-03-01 0 days 1,416 sqft
    2024-04-01 0 days 1,470 sqft
    2024-05-01 0 days 1,472 sqft
    2024-06-01 0 days 1,575 sqft
    2024-07-01 0 days 1,600 sqft
    2024-08-01 0 days 1,545 sqft
    2024-09-01 0 days 1,519 sqft
    2024-10-01 0 days 1,466 sqft
    2024-11-01 0 days 1,536 sqft
    2024-12-01 0 days 1,448 sqft
    2025-01-01 0 days 1,516 sqft
    2025-02-01 0 days 1,494 sqft
    2025-03-01 0 days 1,428 sqft
    2025-04-01 0 days 1,413 sqft
    2025-05-01 0 days 1,464 sqft
    2025-06-01 0 days 1,509 sqft
    Johnstown's median listing age (time on market) for 2025-06-01 was 0 days.

    Johnstown's median square footage for active listings during the 2025-06-01 period was 1,509 sqft. One year prior, the average listing was 1,575 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).