Longview FHA Loan Rates, Closing Costs & Stats

LONGVIEW, WA

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.

Longview's 84 lenders originated 427 FHA loans during 2024. The total origination value was $148,245,000, with an average FHA loan value of $347,178.

Longview FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Longview averaged 6.23% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

Longview's average FHA mortgage closing costs are $10,025.

The average rate for the prior week (2025-03-28) was 6.53% and one month ago for the week of 2025-02-28, the average rate was 6.41%.

The average rate one year ago was 6.83%.

For refis of the same type during the week of 2025-04-04, the average rate was 5.74%.

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

Longview 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 Longview level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
GUILD MORTGAGE COMPANY 73 6.45% $13,121
UNITED WHOLESALE MORTGAGE, LLC 32 6.02% $15,863
V.I.P. MORTGAGE, INC. 29 6.37% $14,049
S1L, Inc. 22 6.38% $14,477
QUICKEN LOANS, LLC 15 6.31% $13,638
NATIONS DIRECT MORTGAGE, LLC 14 5.92% $15,478
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 13 6.63% $15,119
CMG MORTGAGE, INC. 10 6.39% $14,805
CARDINAL FINANCIAL 8 6.92% $16,536
MOVEMENT MORTGAGE, LLC 8 6.44% $15,546
SUMMIT MORTGAGE CORPORATION 7 7.00% $12,178
FREEDOM MORTGAGE CORPORATION 5 6.40% $12,965
CANOPY MORTGAGE, LLC 5 6.65% $15,136
CROSSCOUNTRY MORTGAGE, LLC 5 6.50% $14,117
MUTUAL OF OMAHA MORTGAGE, INC. 5 6.40% $16,891
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 5 6.58% $16,135
GUARANTEED RATE, INC. 5 6.55% $13,303
Flagstar Bank, FSB 4 5.95% $9,472
CORNERSTONE HOME LENDING, INC. 4 6.78% $13,697
BROKER SOLUTIONS, INC. 4 6.97% $13,808
PENNYMAC LOAN SERVICES, LLC 4 5.84% $11,711
LOANDEPOT.COM, LLC 4 5.44% $17,182
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 5.83% $15,908
EAGLE HOME MORTGAGE, LLC 3 5.29% $15,428
PANORAMA MORTGAGE GROUP, LLC 3 6.75% $16,439
Plains Commerce Bank 3 6.96% $10,398
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.25% $10,940
Equity Prime Mortgage LLC 3 5.96% $13,366
AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.83% $14,446
UNION HOME MORTGAGE CORP. 3 6.29% $16,079
HomeStreet Bank 3 6.29% $12,137
LAKEVIEW LOAN SERVICING, LLC 3 6.38% $8,937
VILLAGE CAPITAL MORTGAGE 2 7.00% $5,959
Sunflower Bank 2 7.13% $10,438
SUMMIT FUNDING, INC. 2 6.88% $15,145
Sierra Pacific Mortgage Company, Inc. 2 6.75% $14,431
Prosperity Home Mortgage, LLC 2 5.81% $17,468
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.50% $15,317
DAS Acquisition Company, LLC 2 5.75% $16,530
PREMIER MORTGAGE RESOURCES, L.L.C. 2 6.69% $11,138
ENVOY MORTGAGE, LTD 2 6.75% $12,657
DHI MORTGAGE COMPANY, LTD. 2 4.75% $11,224
PLANET HOME LENDING, LLC 2 5.75% $7,660
Paramount Residential Mortgage Group, Inc. 2 6.13% $15,527
BAY EQUITY LLC 2 7.12% $13,232
NOVA FINANCIAL & INVESTMENT CORPORATION 2 5.94% $16,413
The Loan Store, Inc. 2 6.63% $13,784
Willamette Valley Bank 1 6.75% $16,374
AMERICAN FINANCIAL NETWORK, INC. 1 6.63% $17,217
AMERICAN FINANCING CORPORATION 1 5.75% $21,562
American Mortgage & Equity Consultants, Inc. 1 6.25% $19,786
AmeriHome Mortgage Company, LLC 1 6.13% $9,477
AMERISAVE MORTGAGE CORPORATION 1 6.25% $15,196
Bank of the Pacific 1 5.99% $16,040
Boeing Employees Credit Union 1 6.25% $12,543
Carrington Mortgage Services, LLC 1 6.13% $14,942
Century Mortgage Company DBA Century Lending Company 1 6.25% $9,454
CHURCHILL MORTGAGE CORPORATION 1 6.75% $20,284
CITYWIDE HOME LOANS, LLC 1 5.99% $14,995
Cornerstone First Mortgage, Inc 1 7.13% $14,800
DIRECTORS MORTGAGE, INC. 1 6.63% $11,669
First Federal Bank 1 5.75% $10,522
GENEVA FINANCIAL, LLC 1 5.75% $12,967
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.50% $5,159
HOMESIDE FINANCIAL, LLC 1 5.75% $15,446
JPMorgan Chase Bank 1 7.75% $4,672
Lakeview Community Capital, LLC 1 5.75% $8,003
LPMC, LLC 1 6.13% $15,920
MASON MCDUFFIE MORTGAGE CORPORATION 1 6.25% $11,930
MLD MORTGAGE INC. 1 6.13% $21,310
MORTGAGE EXPRESS, LLC 1 6.63% $13,578
NFM, INC. 1 6.13% $14,255
OnPoint Community Credit Union 1 5.75% $6,705
PLAZA HOME MORTGAGE, INC. 1 6.25% $25,453
PRIORITY HOME LENDING, LLC 1 6.38% $23,483
RESIDENTIAL MORTGAGE, LLC 1 7.38% $14,485
SECURITYNATIONAL MORTGAGE COMPANY 1 7.00% $14,526
SUCCESS MORTGAGE PARTNERS, INC. 1 6.99% $21,449
T2 FINANCIAL LLC 1 6.75% $9,910
TOP FLITE FINANCIAL, INC. 1 6.25% $15,113
Umpqua Bank 1 6.63% $11,034
Wallick & Volk, Inc. 1 6.63% $6,470
Wells Fargo Bank 1 6.25% $13,373
1st Security Bank of Washington 1 7.25% $9,591

The top Longview FHA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 73 FHA loans originated. Their average total fees are $13,121, which is $2,742 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Longview FHA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY ($13,121), QUICKEN LOANS, LLC ($13,638), V.I.P. MORTGAGE, INC. ($14,049), S1L, Inc. ($14,477) and CMG MORTGAGE, INC. ($14,805).

The lowest rate Longview FHA lenders (with over 10 loans originated) are NATIONS DIRECT MORTGAGE, LLC (5.92%), UNITED WHOLESALE MORTGAGE, LLC (6.02%), QUICKEN LOANS, LLC (6.31%), V.I.P. MORTGAGE, INC. (6.37%) and S1L, Inc. (6.38%).

Longview FHA Loan Limits

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

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Longview (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 $288,950 (17.0%) $443,523 (8.5%) 0.00 215
2018-02-01 $303,000 (27.9%) $460,395 (9.7%) 0.00 189
2018-03-01 $298,950 (26.4%) $449,877 (8.8%) 0.00 178
2018-04-01 $301,350 (11.7%) $400,512 (-3.3%) 0.00 205
2018-05-01 $299,800 (12.6%) $395,973 (0.6%) 0.00 240
2018-06-01 $301,700 (5.2%) $389,364 (-4.5%) 0.00 275
2018-07-01 $299,700 (-3.0%) $375,725 (-11.9%) 0.00 328
2018-08-01 $299,575 (1.3%) $368,329 (-8.9%) 0.00 347
2018-09-01 $299,900 (1.7%) $373,699 (-6.9%) 0.00 348
2018-10-01 $305,000 (8.6%) $379,745 (-4.1%) 0.00 350
2018-11-01 $299,900 (7.2%) $379,082 (-5.4%) 0.00 337
2018-12-01 $310,000 (8.8%) $393,355 (-7.3%) 0.00 296
2019-01-01 $324,275 (12.2%) $404,817 (-8.7%) 0.00 269
2019-02-01 $317,000 (4.6%) $413,596 (-10.2%) 0.00 231
2019-03-01 $320,386 (7.2%) $417,262 (-7.3%) 0.00 220
2019-04-01 $324,336 (7.6%) $419,614 (4.8%) 0.00 223
2019-05-01 $329,225 (9.8%) $435,232 (9.9%) 0.00 237
2019-06-01 $329,300 (9.2%) $429,430 (10.3%) 0.00 266
2019-07-01 $329,350 (9.9%) $420,810 (12.0%) 0.00 283
2019-08-01 $323,777 (8.1%) $410,521 (11.5%) 0.00 301
2019-09-01 $315,718 (5.3%) $401,064 (7.3%) 0.00 306
2019-10-01 $309,225 (1.4%) $394,759 (4.0%) 0.00 308
2019-11-01 $319,900 (6.7%) $417,257 (10.1%) 0.00 302
2019-12-01 $302,350 (-2.5%) $431,298 (9.7%) 0.00 257
2020-01-01 $299,925 (-7.5%) $441,146 (9.0%) 0.00 246
2020-02-01 $306,500 (-3.3%) $452,425 (9.4%) 0.00 217
2020-03-01 $305,850 (-4.5%) $461,138 (10.5%) 0.00 207
2020-04-01 $306,775 (-5.4%) $472,869 (12.7%) 0.00 198
2020-05-01 $332,400 (1.0%) $473,591 (8.8%) 0.00 198
2020-06-01 $341,625 (3.7%) $389,967 (-9.2%) 0.00 209
2020-07-01 $349,255 (6.0%) $401,401 (-4.6%) 0.00 198
2020-08-01 $354,945 (9.6%) $401,751 (-2.1%) 0.00 218
2020-09-01 $364,450 (15.4%) $418,005 (4.2%) 0.00 214
2020-10-01 $359,900 (16.4%) $413,361 (4.7%) 0.00 185
2020-11-01 $362,425 (13.3%) $410,043 (-1.7%) 0.00 123
2020-12-01 $353,675 (17.0%) $406,882 (-5.7%) 0.00 95
2021-01-01 $369,000 (23.0%) $429,419 (-2.7%) 0.00 75
2021-02-01 $372,400 (21.5%) $450,513 (-0.4%) 0.00 67
2021-03-01 $378,000 (23.6%) $469,653 (1.9%) 0.00 71
2021-04-01 $397,450 (29.6%) $550,117 (16.3%) 0.00 80
2021-05-01 $389,725 (17.3%) $535,294 (13.0%) 0.00 99
2021-06-01 $404,450 (18.4%) $540,590 (38.6%) 0.00 121
2021-07-01 $389,000 (11.4%) $481,288 (19.9%) 0.00 128
2021-08-01 $393,100 (10.8%) $505,859 (25.9%) 0.00 135
2021-09-01 $411,450 (12.9%) $528,016 (26.3%) 0.00 150
2021-10-01 $410,450 (14.1%) $521,767 (26.2%) 0.00 150
2021-11-01 $415,000 (14.5%) $535,273 (30.5%) 0.00 122
2021-12-01 $414,950 (17.3%) $542,411 (33.3%) 0.00 99
2022-01-01 $394,500 (6.9%) $562,917 (31.1%) 0.00 84
2022-02-01 $387,475 (4.1%) $539,204 (19.7%) 0.00 83
2022-03-01 $458,475 (21.3%) $609,717 (29.8%) 0.00 101
2022-04-01 $455,000 (14.5%) $612,534 (11.4%) 0.00 113
2022-05-01 $456,225 (17.1%) $580,416 (8.4%) 0.00 142
2022-06-01 $467,000 (15.5%) $581,657 (7.6%) 0.00 195
2022-07-01 $475,000 (22.1%) $549,127 (14.1%) 0.00 246
2022-08-01 $479,200 (21.9%) $550,221 (8.8%) 0.00 273
2022-09-01 $465,725 (13.2%) $553,465 (4.8%) 0.00 262
2022-10-01 $475,000 (15.7%) $562,898 (7.9%) 0.00 263
2022-11-01 $472,500 (13.9%) $551,558 (3.0%) 0.00 280
2022-12-01 $487,000 (17.4%) $567,022 (4.5%) 0.00 252
2023-01-01 $504,875 (28.0%) $579,264 (2.9%) 0.00 225
2023-02-01 $561,931 (45.0%) $612,539 (13.6%) 0.00 210
2023-03-01 $566,220 (23.5%) $621,455 (1.9%) 0.00 181
2023-04-01 $564,995 (24.2%) $639,937 (4.5%) 0.00 162
2023-05-01 $569,975 (24.9%) $638,743 (10.1%) 0.00 181
2023-06-01 $569,750 (22.0%) $632,098 (8.7%) 0.00 187
2023-07-01 $524,000 (10.3%) $616,609 (12.3%) 0.00 214
2023-08-01 $522,100 (9.0%) $606,103 (10.2%) 0.00 233
2023-09-01 $499,900 (7.3%) $584,254 (5.6%) 0.00 263
2023-10-01 $495,000 (4.2%) $569,010 (1.1%) 0.00 261
2023-11-01 $484,250 (2.5%) $545,157 (-1.2%) 0.00 262
2023-12-01 $479,500 (-1.5%) $546,903 (-3.6%) 0.00 231
2024-01-01 $479,350 (-5.1%) $536,738 (-7.3%) 0.00 220
2024-02-01 $481,950 (-14.2%) $559,264 (-8.7%) 0.00 203
2024-03-01 $480,000 (-15.2%) $558,148 (-10.2%) 0.00 200
2024-04-01 $514,450 (-9.0%) $589,371 (-7.9%) 0.00 188
2024-05-01 $536,975 (-5.8%) $618,860 (-3.1%) 0.00 243
2024-06-01 $549,450 (-3.6%) $638,127 (1.0%) 0.00 246
2024-07-01 $541,675 (3.4%) $638,514 (3.6%) 0.00 291
2024-08-01 $524,900 (0.5%) $599,801 (-1.0%) 0.00 307
2024-09-01 $499,450 (-0.1%) $574,246 (-1.7%) 0.00 317
2024-10-01 $499,900 (1.0%) $603,713 (6.1%) 0.00 321
2024-11-01 $500,000 (3.3%) $599,651 (10.0%) 0.00 330
2024-12-01 $494,450 (3.1%) $587,165 (7.4%) 0.00 310
2025-01-01 $468,500 (-2.3%) $578,032 (7.7%) 0.00 277
2025-02-01 $449,450 (-6.7%) $564,494 (0.9%) 0.00 260
2025-03-01 $450,000 (-6.3%) $574,495 (2.9%) 0.00 272
Longview's median listing price for 2025-03-01 was $450,000, a difference of $-30,000 (-6.3%) versus the prior year and $550 versus the prior month.

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

Longview's average listing price for 2025-03-01 was $574,495, a difference of $16,347 (2.9%) versus the prior year and $10,001 versus the prior month.

For the 2025-03-01 period, Longview had 272 MLS listings, a difference of 12 listings (5%) versus the prior month and 72 listings (36%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Longview (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,976 sqft
2018-02-01 0 days 2,064 sqft
2018-03-01 0 days 2,048 sqft
2018-04-01 0 days 1,932 sqft
2018-05-01 0 days 1,895 sqft
2018-06-01 0 days 1,912 sqft
2018-07-01 0 days 1,846 sqft
2018-08-01 0 days 1,847 sqft
2018-09-01 0 days 1,875 sqft
2018-10-01 0 days 1,795 sqft
2018-11-01 0 days 1,811 sqft
2018-12-01 0 days 1,872 sqft
2019-01-01 0 days 1,869 sqft
2019-02-01 0 days 1,862 sqft
2019-03-01 0 days 1,864 sqft
2019-04-01 0 days 1,867 sqft
2019-05-01 0 days 1,926 sqft
2019-06-01 0 days 1,888 sqft
2019-07-01 0 days 1,933 sqft
2019-08-01 0 days 1,894 sqft
2019-09-01 0 days 1,846 sqft
2019-10-01 0 days 1,801 sqft
2019-11-01 0 days 1,812 sqft
2019-12-01 0 days 1,751 sqft
2020-01-01 0 days 1,742 sqft
2020-02-01 0 days 1,656 sqft
2020-03-01 0 days 1,668 sqft
2020-04-01 0 days 1,744 sqft
2020-05-01 0 days 1,782 sqft
2020-06-01 0 days 1,787 sqft
2020-07-01 0 days 1,843 sqft
2020-08-01 0 days 1,920 sqft
2020-09-01 0 days 1,833 sqft
2020-10-01 0 days 1,786 sqft
2020-11-01 0 days 1,802 sqft
2020-12-01 0 days 1,687 sqft
2021-01-01 0 days 1,750 sqft
2021-02-01 0 days 1,707 sqft
2021-03-01 0 days 1,670 sqft
2021-04-01 0 days 1,978 sqft
2021-05-01 0 days 1,762 sqft
2021-06-01 0 days 1,800 sqft
2021-07-01 0 days 1,809 sqft
2021-08-01 0 days 1,797 sqft
2021-09-01 0 days 1,950 sqft
2021-10-01 0 days 1,783 sqft
2021-11-01 0 days 1,864 sqft
2021-12-01 0 days 1,871 sqft
2022-01-01 0 days 1,703 sqft
2022-02-01 0 days 1,636 sqft
2022-03-01 0 days 1,812 sqft
2022-04-01 0 days 1,818 sqft
2022-05-01 0 days 1,813 sqft
2022-06-01 0 days 1,803 sqft
2022-07-01 0 days 1,812 sqft
2022-08-01 0 days 1,836 sqft
2022-09-01 0 days 1,832 sqft
2022-10-01 0 days 1,869 sqft
2022-11-01 0 days 1,938 sqft
2022-12-01 0 days 2,024 sqft
2023-01-01 0 days 2,044 sqft
2023-02-01 0 days 2,102 sqft
2023-03-01 0 days 2,170 sqft
2023-04-01 0 days 2,191 sqft
2023-05-01 0 days 2,147 sqft
2023-06-01 0 days 2,119 sqft
2023-07-01 0 days 2,021 sqft
2023-08-01 0 days 2,088 sqft
2023-09-01 0 days 1,996 sqft
2023-10-01 0 days 2,002 sqft
2023-11-01 0 days 1,967 sqft
2023-12-01 0 days 1,912 sqft
2024-01-01 0 days 1,876 sqft
2024-02-01 0 days 1,822 sqft
2024-03-01 0 days 1,822 sqft
2024-04-01 0 days 1,897 sqft
2024-05-01 0 days 2,049 sqft
2024-06-01 0 days 2,100 sqft
2024-07-01 0 days 2,011 sqft
2024-08-01 0 days 1,960 sqft
2024-09-01 0 days 1,888 sqft
2024-10-01 0 days 1,849 sqft
2024-11-01 0 days 1,940 sqft
2024-12-01 0 days 1,839 sqft
2025-01-01 0 days 1,783 sqft
2025-02-01 0 days 1,652 sqft
2025-03-01 0 days 1,660 sqft
Longview's median listing age (time on market) for 2025-03-01 was 0 days.

Longview's median square footage for active listings during the 2025-03-01 period was 1,660 sqft. One year prior, the average listing was 1,822 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).