Lake Havasu City FHA Loan Rates, Closing Costs & Stats

LAKE HAVASU CITY-KINGMAN, AZ

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.

Lake Havasu City's 112 lenders originated 1,000 FHA loans during 2024. The total origination value was $249,130,000, with an average FHA loan value of $249,130.

Lake Havasu City FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Lake Havasu City averaged 0.26% for the week of 2025-07-04, compared to the national average (all FHA variants) of 0% for the same period.

Lake Havasu City's average FHA mortgage closing costs are $8,888.

The average rate for the prior week (2025-06-27) was 6.94% and one month ago for the week of 2025-05-30, the average rate was 6.72%.

The average rate one year ago was 6.94%.

For refis of the same type during the week of 2025-07-04, the average rate was -0.47%.

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

Lake Havasu City 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 Lake Havasu City level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 110 6.24% $13,592
BROKER SOLUTIONS, INC. 70 6.77% $11,197
QUICKEN LOANS, LLC 66 6.31% $11,409
AMERICAN PACIFIC MORTGAGE CORPORATION 48 6.71% $12,259
INSPIRE HOME LOANS INC. 42 5.79% $9,812
Flagstar Bank, FSB 35 6.31% $11,817
AMERICAN FINANCIAL NETWORK, INC. 28 6.36% $12,600
GENEVA FINANCIAL, LLC 24 6.70% $15,134
GUILD MORTGAGE COMPANY 24 6.48% $13,882
CROSSCOUNTRY MORTGAGE, LLC 20 6.77% $11,801
Equity Prime Mortgage LLC 18 7.07% $12,523
FREEDOM MORTGAGE CORPORATION 15 6.42% $12,092
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 14 6.82% $11,380
MASON MCDUFFIE MORTGAGE CORPORATION 14 6.36% $10,917
LOANDEPOT.COM, LLC 14 6.44% $11,614
PENNYMAC LOAN SERVICES, LLC 14 5.79% $13,037
CMG MORTGAGE, INC. 13 6.70% $10,834
SUN AMERICAN MORTGAGE COMPANY 12 6.22% $11,518
MOVEMENT MORTGAGE, LLC 9 6.81% $11,393
NEWREZ LLC 9 6.35% $13,205
Nations Lending Corporation 9 6.43% $9,346
VILLAGE CAPITAL MORTGAGE 8 6.01% $12,471
The Loan Store, Inc. 8 6.25% $10,297
LOANPAL, LLC 7 5.85% $12,514
NOVA FINANCIAL & INVESTMENT CORPORATION 7 6.71% $6,309
PACIFIC RESIDENTIAL MORTGAGE, LLC 7 6.52% $12,617
RESIDENTIAL WHOLESALE MORTGAGE, INC. 7 6.70% $7,376
CARDINAL FINANCIAL 7 6.27% $14,045
Mr. Cooper ( Nationstar Mortgage ) 7 6.43% $16,343
CASTLE & COOKE MORTGAGE, LLC 6 6.52% $10,279
Carrington Mortgage Services, LLC 6 6.33% $11,404
US MORTGAGE CORPORATION 6 6.33% $13,931
Paramount Residential Mortgage Group, Inc. 5 6.50% $11,297
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 6.93% $12,145
AMERICAN FINANCIAL RESOURCES, INC. 5 7.33% $8,944
AMERICAN FINANCING CORPORATION 5 5.53% $12,641
GARDNER FINANCIAL SERVICES, LTD. 4 6.72% $11,088
LAKEVIEW LOAN SERVICING, LLC 4 6.38% $7,430
ARIZONA 4 6.47% $13,346
OCMBC, INC. 4 6.66% $13,965
GUARANTEED RATE AFFINITY, LLC 4 6.59% $10,939
SECURITYNATIONAL MORTGAGE COMPANY 3 6.96% $12,696
FBC MORTGAGE, LLC 3 6.33% $17,953
SUN WEST MORTGAGE COMPANY, INC. 3 5.63% $12,940
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 7.08% $11,071
ZILLOW HOME LOANS, LLC 3 6.42% $11,626
UNION HOME MORTGAGE CORP. 3 6.29% $9,832
AmeriHome Mortgage Company, LLC 3 6.29% $8,935
Glacier Bank 3 6.33% $12,238
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.71% $6,792
BETTER MORTGAGE CORPORATION 3 5.71% $10,007
American Mortgage & Equity Consultants, Inc. 3 6.25% $13,782
MUTUAL OF OMAHA MORTGAGE, INC. 3 5.92% $15,938
JPMorgan Chase Bank 3 5.79% $7,866
Cornerstone First Mortgage, Inc 3 6.38% $15,341
MID AMERICA MORTGAGE, INC. 3 6.75% $6,034
Century Mortgage Company DBA Century Lending Company 3 6.00% $16,034
ALTITUDE FINANCIAL CORPORATION 3 6.75% $6,274
Gateway First Bank 2 6.94% $9,051
Lakeview Community Capital, LLC 2 6.50% $7,252
Sierra Pacific Mortgage Company, Inc. 2 6.00% $12,885
ON Q FINANCIAL, INC. 2 6.50% $13,543
V.I.P. MORTGAGE, INC. 2 6.69% $11,725
TOWNE MORTGAGE COMPANY 2 6.44% $7,795
HOMEOWNERS FINANCIAL GROUP USA, LLC 2 7.00% $12,545
HOMESIDE FINANCIAL, LLC 2 6.63% $9,491
NETWORK CAPITAL FUNDING CORPORATION 2 5.94% $11,390
PLANET HOME LENDING, LLC 2 6.31% $8,588
ENVOY MORTGAGE, LTD 2 6.38% $15,471
AMERITRUST MORTGAGE CORPORATION 2 6.50% $14,395
MORIA DEVELOPMENT, INC. 2 7.50% $16,790
AMERISAVE MORTGAGE CORPORATION 2 6.19% $13,209
Zions Bank 1 4.88% $12,170
AMERICA FIRST 1 6.00% $6,286
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.63% $13,130
AXIA FINANCIAL, LLC 1 5.99% $9,482
Barrington Bank & Trust Company, N.A. 1 7.25% $8,890
BECKAM FUNDING CORP. 1 7.75% $6,915
CALCON MUTUAL MORTGAGE LLC 1 7.75% $12,164
CHURCHILL MORTGAGE CORPORATION 1 6.75% $11,413
DIRECT MORTGAGE, CORP. 1 6.25% $10,331
EVERETT FINANCIAL, INC. 1 6.88% $12,685
FIRST ALLIANCE HOME MORTGAGE, LLC 1 5.75% $13,330
FIRST COLONY MORTGAGE CORPORATION 1 5.25% $11,549
FIRST COMMUNITY MORTGAGE, INC. 1 6.75% $14,027
Flanagan State Bank 1 6.75% $11,156
GSF Mortgage Corporation 1 6.25% $10,195
GUARANTEED RATE, INC. 1 7.00% $8,630
HighTechLending Inc 1 5.88% $9,415
Hometown Equity Mortgage, LLC 1 7.13% $12,095
INTELLILOAN, INC. 1 6.14% $9,416
JMAC LENDING, INC. 1 6.88% $7,036
JMJ FINANCIAL GROUP 1 5.63% $12,450
LADERA LENDING, INC. 1 6.25% $9,907
ML Mortgage Corp. 1 6.75% $12,567
Mortgage Research Center, LLC 1 7.25% $4,782
MOUNTAIN WEST FINANCIAL, INC. 1 6.75% $8,269
NEW DAY FINANCIAL, LLC 1 7.25% $7,076
NP, Inc. 1 6.99% $10,225
PANORAMA MORTGAGE GROUP, LLC 1 6.63% $8,439
Plains Commerce Bank 1 6.13% $10,769
PLAZA HOME MORTGAGE, INC. 1 7.75% $5,627
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.50% $12,564
RESIDENTIAL BANCORP 1 7.25% $14,645
SUMMIT FUNDING, INC. 1 6.75% $10,069
Texana Bank 1 7.13% $5,732
TOP FLITE FINANCIAL, INC. 1 7.13% $11,583
U.S. Bank 1 6.13% $12,317
VERITAS FUNDING, LLC 1 5.75% $15,371
Wallick & Volk, Inc. 1 6.75% $7,529
Watermark Capital, Inc. 1 6.50% $8,350
ALLIED MORTGAGE GROUP, INC. 1 6.13% $12,916

The top Lake Havasu City FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 110 FHA loans originated. Their average total fees are $13,592, which is $2,395 higher than the next largest lender, BROKER SOLUTIONS, INC..

The lowest fee Lake Havasu City FHA lenders (with over 10 loans originated) are INSPIRE HOME LOANS INC. ($9,812), CMG MORTGAGE, INC. ($10,834), MASON MCDUFFIE MORTGAGE CORPORATION ($10,917), BROKER SOLUTIONS, INC. ($11,197) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($11,380).

The lowest rate Lake Havasu City FHA lenders (with over 10 loans originated) are INSPIRE HOME LOANS INC. (5.79%), PENNYMAC LOAN SERVICES, LLC (5.79%), SUN AMERICAN MORTGAGE COMPANY (6.22%), UNITED WHOLESALE MORTGAGE, LLC (6.24%) and QUICKEN LOANS, LLC (6.31%).

Lake Havasu City FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
LAKE HAVASU CITY-KINGMAN, AZ MOHAVE 2022 $420,680 $538,650 $651,050 $809,150
LAKE HAVASU CITY-KINGMAN, AZ MOHAVE 2023 $472,030 $604,400 $730,525 $907,900

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).