Pottsville FHA Loan Rates, Closing Costs & Stats

Pottsville, PA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Loan Limits

    • 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.

    Pottsville's 82 lenders originated 428 FHA loans during 2024. The total origination value was $72,110,000, with an average FHA loan value of $168,481.

    Pottsville FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Pottsville averaged 0.2% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

    Pottsville's average FHA mortgage closing costs are $6,863.

    The average rate for the prior week (2025-06-13) was 6.98% and one month ago for the week of 2025-05-16, the average rate was 6.84%.

    The average rate one year ago was 6.8%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.56%.

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

    Pottsville 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 Pottsville level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 64 6.73% $7,656
    Mortgage America, Inc. 39 6.46% $7,916
    CROSSCOUNTRY MORTGAGE, LLC 34 6.64% $10,102
    UNITED WHOLESALE MORTGAGE, LLC 16 6.01% $11,996
    NEWREZ LLC 10 6.80% $10,842
    BROKER SOLUTIONS, INC. 10 6.94% $10,476
    PENNYMAC LOAN SERVICES, LLC 9 6.47% $6,673
    CMG MORTGAGE, INC. 9 6.42% $10,080
    MOVEMENT MORTGAGE, LLC 9 6.40% $8,546
    FREEDOM MORTGAGE CORPORATION 9 6.53% $11,220
    GUILD MORTGAGE COMPANY 7 6.63% $9,079
    UNITED MORTGAGE CORP 6 7.25% $8,426
    M&T Bank 6 6.48% $4,552
    Prosperity Home Mortgage, LLC 6 6.85% $9,871
    MUTUAL OF OMAHA MORTGAGE, INC. 6 6.21% $13,789
    PLANET HOME LENDING, LLC 6 6.96% $7,655
    T2 FINANCIAL LLC 5 6.73% $12,084
    LOANDEPOT.COM, LLC 5 6.52% $11,026
    Homesale Mortgage, LLC 4 6.75% $6,944
    Ixonia Bank 4 6.22% $12,134
    MICHIGAN MUTUAL, INC. 4 6.34% $8,099
    AMERISAVE MORTGAGE CORPORATION 4 6.53% $12,292
    EMM LOANS LLC 3 7.00% $7,490
    Firstrust Savings Bank 3 6.79% $8,337
    SWBC MORTGAGE CORPORATION 3 6.63% $5,933
    Mr. Cooper ( Nationstar Mortgage ) 3 6.42% $13,201
    Univest Bank and Trust Co. 3 5.58% $6,570
    Fulton Bank 3 6.46% $7,560
    Alcova Mortgage LLC 3 7.25% $6,889
    Customers Bank 2 6.25% $6,880
    Nations Lending Corporation 2 6.13% $10,709
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.31% $13,828
    FIRST COMMUNITY MORTGAGE, INC. 2 6.44% $7,056
    Philadelphia Mortgage Advisors, Inc. 2 6.13% $6,524
    PLAZA HOME MORTGAGE, INC. 2 6.63% $8,023
    Flanagan State Bank 2 6.44% $10,081
    ALLIED MORTGAGE GROUP, INC. 2 6.56% $11,139
    ROYAL UNITED MORTGAGE LLC 2 6.25% $8,588
    SUCCESS MORTGAGE PARTNERS, INC. 2 6.00% $12,395
    GUARANTEED RATE AFFINITY, LLC 2 6.63% $10,045
    GUARANTEED RATE, INC. 2 6.75% $7,802
    CARDINAL FINANCIAL 2 7.19% $7,783
    Carrington Mortgage Services, LLC 2 6.63% $11,010
    AMERICAN FINANCIAL NETWORK, INC. 2 6.38% $20,304
    Keystone Funding, Inc. 2 6.88% $9,544
    AmeriHome Mortgage Company, LLC 2 6.56% $12,530
    East Coast Capital Corp. 2 6.75% $12,507
    ZILLOW HOME LOANS, LLC 1 6.75% $10,144
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.75% $4,668
    CALCON MUTUAL MORTGAGE LLC 1 7.13% $7,557
    Century Mortgage Company DBA Century Lending Company 1 7.00% $9,039
    DAS Acquisition Company, LLC 1 6.38% $7,508
    Equity Prime Mortgage LLC 1 6.50% $6,306
    First National Bank of Pennsylvania 1 6.75% $6,829
    Flagstar Bank, FSB 1 6.50% $23,455
    Florida Capital Bank 1 6.75% $10,019
    Home Mortgage Alliance Corp 1 6.63% $18,992
    HOMESIDE FINANCIAL, LLC 1 6.13% $6,453
    JMAC LENDING, INC. 1 6.00% $6,131
    LAKEVIEW LOAN SERVICING, LLC 1 7.63% $10,737
    LOANPAL, LLC 1 5.25% $6,143
    Mid Penn Bank 1 5.25% $10,519
    MORTGAGE EQUITY PARTNERS LLC 1 7.13% $23,346
    Mortgage Research Center, LLC 1 6.13% $4,510
    NATION ONE MORTGAGE CORPORATION 1 7.25% $13,829
    NATIONS DIRECT MORTGAGE, LLC 1 7.25% $5,882
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.75% $16,625
    NFM, INC. 1 7.63% $8,267
    Paramount Residential Mortgage Group, Inc. 1 7.25% $4,240
    PENTAGON FEDERAL CREDIT UNION 1 5.63% $7,474
    PNC Bank 1 7.13% $5,637
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.13% $8,932
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $7,398
    Quaint Oak Mortgage, LLC 1 5.75% $9,145
    RADIUS FINANCIAL GROUP INC. 1 6.00% $6,836
    SUN WEST MORTGAGE COMPANY, INC. 1 7.75% $17,098
    Towne Bank 1 6.50% $5,121
    TOWNE MORTGAGE COMPANY 1 5.75% $9,242
    Truist 1 5.75% $4,258
    VILLAGE CAPITAL MORTGAGE 1 6.88% $3,840
    V.I.P. MORTGAGE, INC. 1 6.25% $5,631
    ABSOLUTE HOME MORTGAGE CORPORATION 1 6.50% $8,742

    The top Pottsville FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 64 FHA loans originated. Their average total fees are $7,656, which is $260 lower than the next largest lender, Mortgage America, Inc..

    The lowest fee Pottsville FHA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($7,656), Mortgage America, Inc. ($7,916), CROSSCOUNTRY MORTGAGE, LLC ($10,102), BROKER SOLUTIONS, INC. ($10,476) and NEWREZ LLC ($10,842).

    The lowest rate Pottsville FHA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.01%), Mortgage America, Inc. (6.46%), CROSSCOUNTRY MORTGAGE, LLC (6.64%), QUICKEN LOANS, LLC (6.73%) and NEWREZ LLC (6.80%).

    Pottsville FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    POTTSVILLE, PA SCHUYLKILL 2022 $420,680 $538,650 $651,050 $809,150
    POTTSVILLE, PA SCHUYLKILL 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).