Lake Havasu City FHA Loan Rates, Closing Costs & Stats

LAKE HAVASU CITY-KINGMAN, AZ

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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.

    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).