Sayre FHA Loan Rates, Closing Costs & Stats

Sayre, 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.

    Sayre's 28 lenders originated 109 FHA loans during 2023. The total origination value was $17,635,000, with an average FHA loan value of $161,789.

    Sayre FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Sayre averaged 6.33% for the week of 2025-02-14, compared to the national average (all FHA variants) of 6.515% for the same period.

    Sayre's average FHA mortgage closing costs are $6,957.

    The average rate for the prior week (2025-02-07) was 6.34% and one month ago for the week of 2025-01-10, the average rate was 6.61%.

    The average rate one year ago was 6.53%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.52%.

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

    Sayre 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 Sayre level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 45 6.45% $8,777
    QUICKEN LOANS, LLC 14 6.25% $9,845
    UNITED WHOLESALE MORTGAGE, LLC 6 5.79% $9,942
    Ixonia Bank 6 7.19% $9,092
    Barrington Bank & Trust Company, N.A. 3 6.75% $8,713
    MOVEMENT MORTGAGE, LLC 3 6.63% $8,579
    Mortgage Research Center, LLC 2 6.94% $4,984
    FREEDOM MORTGAGE CORPORATION 2 6.75% $7,022
    PENNYMAC LOAN SERVICES, LLC 2 7.06% $10,188
    UNION HOME MORTGAGE CORP. 1 6.50% $4,925
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 7.00% $4,870
    HOMESIDE FINANCIAL, LLC 1 6.63% $9,845
    CMG MORTGAGE, INC. 1 7.25% $12,714
    LIBERTY HOME MORTGAGE CORPORATION 1 6.75% $10,143
    ALLIED MORTGAGE GROUP, INC. 1 5.75% $8,909
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.25% $11,335
    BROKER SOLUTIONS, INC. 1 7.13% $7,721
    Mr. Cooper ( Nationstar Mortgage ) 1 5.75% $8,971
    M&T Bank 1 6.50% $6,857
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.25% $5,306
    NEWREZ LLC 1 6.75% $8,607
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.25% $9,854
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $10,883
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.25% $5,999
    SWBC MORTGAGE CORPORATION 1 6.63% $3,854
    TIDEWATER MORTGAGE SERVICES, INC. 1 6.63% $10,196
    CROSSCOUNTRY MORTGAGE, LLC 1 6.19% $7,139
    Equity Prime Mortgage LLC 1 7.25% $11,288

    The top Sayre FHA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 45 FHA loans originated. Their average total fees are $8,777, which is $1,068 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Sayre FHA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY ($8,777), QUICKEN LOANS, LLC ($9,845), .

    The lowest rate Sayre FHA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.25%), GUILD MORTGAGE COMPANY (6.45%), .

    Sayre FHA Loan Limits

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Sayre (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 $144,300 (-3.8%) $184,001 (-1.1%) 0.00 259
    2018-02-01 $139,995 (-6.6%) $181,071 (-2.2%) 0.00 263
    2018-03-01 $134,900 (-13.5%) $175,695 (-8.8%) 0.00 260
    2018-04-01 $144,000 (-9.2%) $175,284 (-10.7%) 0.00 257
    2018-05-01 $143,000 (-7.0%) $174,988 (-11.3%) 0.00 268
    2018-06-01 $155,000 (0.1%) $182,403 (-5.7%) 0.00 295
    2018-07-01 $159,900 (4.6%) $187,078 (-2.5%) 0.00 307
    2018-08-01 $156,750 (1.4%) $188,059 (-3.5%) 0.00 314
    2018-09-01 $150,000 (0.1%) $185,663 (-2.7%) 0.00 322
    2018-10-01 $149,900 (0.2%) $182,306 (-1.7%) 0.00 306
    2018-11-01 $154,000 (3.6%) $184,487 (0.0%) 0.00 301
    2018-12-01 $150,000 (4.0%) $183,444 (1.0%) 0.00 282
    2019-01-01 $144,800 (0.4%) $181,760 (-1.2%) 0.00 268
    2019-02-01 $149,950 (7.1%) $184,827 (2.1%) 0.00 255
    2019-03-01 $161,121 (19.4%) $190,535 (8.5%) 0.00 256
    2019-04-01 $164,471 (14.2%) $195,934 (11.8%) 0.00 257
    2019-05-01 $165,000 (15.4%) $202,376 (15.7%) 0.00 243
    2019-06-01 $162,400 (4.8%) $199,026 (9.1%) 0.00 255
    2019-07-01 $156,163 (-2.3%) $195,931 (4.7%) 0.00 260
    2019-08-01 $156,991 (0.2%) $196,091 (4.3%) 0.00 259
    2019-09-01 $158,627 (5.8%) $198,692 (7.0%) 0.00 257
    2019-10-01 $161,150 (7.5%) $200,690 (10.1%) 0.00 256
    2019-11-01 $175,000 (13.6%) $203,995 (10.6%) 0.00 246
    2019-12-01 $182,000 (21.3%) $207,381 (13.1%) 0.00 223
    2020-01-01 $175,000 (20.9%) $206,238 (13.5%) 0.00 221
    2020-02-01 $179,500 (19.7%) $207,424 (12.2%) 0.00 229
    2020-03-01 $184,925 (14.8%) $209,186 (9.8%) 0.00 212
    2020-04-01 $186,500 (13.4%) $213,382 (8.9%) 0.00 204
    2020-05-01 $189,000 (14.6%) $216,508 (7.0%) 0.00 203
    2020-06-01 $189,250 (16.5%) $209,715 (5.4%) 0.00 202
    2020-07-01 $189,125 (21.1%) $213,396 (8.9%) 0.00 200
    2020-08-01 $185,000 (17.8%) $210,191 (7.2%) 0.00 211
    2020-09-01 $178,000 (12.2%) $208,125 (4.8%) 0.00 189
    2020-10-01 $159,900 (-0.8%) $202,007 (0.7%) 0.00 174
    2020-11-01 $159,900 (-8.6%) $204,354 (0.2%) 0.00 171
    2020-12-01 $174,950 (-3.9%) $217,839 (5.0%) 0.00 166
    2021-01-01 $174,900 (-0.1%) $222,298 (7.8%) 0.00 143
    2021-02-01 $172,050 (-4.2%) $242,661 (17.0%) 0.00 123
    2021-03-01 $179,350 (-3.0%) $248,127 (18.6%) 0.00 118
    2021-04-01 $185,975 (-0.3%) $252,754 (18.5%) 0.00 113
    2021-05-01 $194,450 (2.9%) $253,778 (17.2%) 0.00 110
    2021-06-01 $187,450 (-1.0%) $247,630 (18.1%) 0.00 112
    2021-07-01 $184,750 (-2.3%) $239,337 (12.2%) 0.00 120
    2021-08-01 $179,450 (-3.0%) $248,484 (18.2%) 0.00 122
    2021-09-01 $185,000 (3.9%) $253,912 (22.0%) 0.00 124
    2021-10-01 $185,000 (15.7%) $243,848 (20.7%) 0.00 117
    2021-11-01 $188,000 (17.6%) $264,445 (29.4%) 0.00 121
    2021-12-01 $188,225 (7.6%) $272,278 (25.0%) 0.00 104
    2022-01-01 $194,450 (11.2%) $265,612 (19.5%) 0.00 85
    2022-02-01 $203,450 (18.3%) $270,450 (11.5%) 0.00 76
    2022-03-01 $199,450 (11.2%) $263,305 (6.1%) 0.00 74
    2022-04-01 $194,250 (4.5%) $252,000 (-0.3%) 0.00 70
    2022-05-01 $199,500 (2.6%) $265,043 (4.4%) 0.00 71
    2022-06-01 $199,900 (6.6%) $267,642 (8.1%) 0.00 87
    2022-07-01 $193,700 (4.8%) $266,798 (11.5%) 0.00 97
    2022-08-01 $196,975 (9.8%) $269,957 (8.6%) 0.00 97
    2022-09-01 $197,000 (6.5%) $275,494 (8.5%) 0.00 102
    2022-10-01 $199,900 (8.1%) $280,242 (14.9%) 0.00 118
    2022-11-01 $207,400 (10.3%) $281,774 (6.6%) 0.00 110
    2022-12-01 $195,500 (3.9%) $275,885 (1.3%) 0.00 98
    2023-01-01 $217,835 (12.0%) $282,367 (6.3%) 0.00 80
    2023-02-01 $212,885 (4.6%) $289,591 (7.1%) 0.00 65
    2023-03-01 $184,625 (-7.4%) $245,072 (-6.9%) 0.00 67
    2023-04-01 $191,500 (-1.4%) $283,334 (12.4%) 0.00 55
    2023-05-01 $224,250 (12.4%) $293,943 (10.9%) 0.00 59
    2023-06-01 $198,625 (-0.6%) $276,934 (3.5%) 0.00 65
    2023-07-01 $200,000 (3.3%) $268,375 (0.6%) 0.00 75
    2023-08-01 $189,500 (-3.8%) $258,930 (-4.1%) 0.00 67
    2023-09-01 $198,000 (0.5%) $257,531 (-6.5%) 0.00 71
    2023-10-01 $199,750 (-0.1%) $272,697 (-2.7%) 0.00 69
    2023-11-01 $235,175 (13.4%) $280,343 (-0.5%) 0.00 69
    2023-12-01 $219,950 (12.5%) $267,341 (-3.1%) 0.00 64
    2024-01-01 $208,725 (-4.2%) $269,199 (-4.7%) 0.00 65
    2024-02-01 $196,500 (-7.7%) $271,334 (-6.3%) 0.00 55
    2024-03-01 $225,000 (21.9%) $281,597 (14.9%) 0.00 54
    2024-04-01 $212,250 (10.8%) $293,528 (3.6%) 0.00 59
    2024-05-01 $217,500 (-3.0%) $307,113 (4.5%) 0.00 70
    2024-06-01 $219,889 (10.7%) $316,942 (14.5%) 0.00 72
    2024-07-01 $231,750 (15.9%) $321,984 (20.0%) 0.00 77
    2024-08-01 $259,000 (36.7%) $329,120 (27.1%) 0.00 84
    2024-09-01 $239,075 (20.7%) $330,104 (28.2%) 0.00 86
    2024-10-01 $244,450 (22.4%) $329,816 (21.0%) 0.00 91
    2024-11-01 $249,000 (5.9%) $313,009 (11.7%) 0.00 93
    2024-12-01 $241,124 (9.6%) $304,766 (14.0%) 0.00 87
    2025-01-01 $224,875 (7.7%) $288,842 (7.3%) 0.00 72
    Sayre's median listing price for 2025-01-01 was $224,875, a difference of $16,150 (7.7%) versus the prior year and $-16,249 versus the prior month.

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

    Sayre's average listing price for 2025-01-01 was $288,842, a difference of $19,643 (7.3%) versus the prior year and $-15,924 versus the prior month.

    For the 2025-01-01 period, Sayre had 72 MLS listings, a difference of -15 listings (-17%) versus the prior month and 7 listings (11%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sayre (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,764 sqft
    2018-02-01 0 days 1,745 sqft
    2018-03-01 0 days 1,758 sqft
    2018-04-01 0 days 1,774 sqft
    2018-05-01 0 days 1,807 sqft
    2018-06-01 0 days 1,820 sqft
    2018-07-01 0 days 1,816 sqft
    2018-08-01 0 days 1,808 sqft
    2018-09-01 0 days 1,800 sqft
    2018-10-01 0 days 1,748 sqft
    2018-11-01 0 days 1,728 sqft
    2018-12-01 0 days 1,736 sqft
    2019-01-01 0 days 1,720 sqft
    2019-02-01 0 days 1,727 sqft
    2019-03-01 0 days 1,783 sqft
    2019-04-01 0 days 1,834 sqft
    2019-05-01 0 days 1,820 sqft
    2019-06-01 0 days 1,818 sqft
    2019-07-01 0 days 1,831 sqft
    2019-08-01 0 days 1,804 sqft
    2019-09-01 0 days 1,811 sqft
    2019-10-01 0 days 1,815 sqft
    2019-11-01 0 days 1,907 sqft
    2019-12-01 0 days 1,863 sqft
    2020-01-01 0 days 1,874 sqft
    2020-02-01 0 days 1,920 sqft
    2020-03-01 0 days 1,908 sqft
    2020-04-01 0 days 1,913 sqft
    2020-05-01 0 days 1,930 sqft
    2020-06-01 0 days 2,038 sqft
    2020-07-01 0 days 2,006 sqft
    2020-08-01 0 days 1,870 sqft
    2020-09-01 0 days 1,879 sqft
    2020-10-01 0 days 1,819 sqft
    2020-11-01 0 days 1,785 sqft
    2020-12-01 0 days 1,819 sqft
    2021-01-01 0 days 1,790 sqft
    2021-02-01 0 days 1,767 sqft
    2021-03-01 0 days 1,917 sqft
    2021-04-01 0 days 1,912 sqft
    2021-05-01 0 days 1,924 sqft
    2021-06-01 0 days 1,916 sqft
    2021-07-01 0 days 1,918 sqft
    2021-08-01 0 days 1,956 sqft
    2021-09-01 0 days 1,950 sqft
    2021-10-01 0 days 1,946 sqft
    2021-11-01 0 days 1,958 sqft
    2021-12-01 0 days 1,902 sqft
    2022-01-01 0 days 1,868 sqft
    2022-02-01 0 days 1,997 sqft
    2022-03-01 0 days 1,875 sqft
    2022-04-01 0 days 1,796 sqft
    2022-05-01 0 days 1,848 sqft
    2022-06-01 0 days 1,825 sqft
    2022-07-01 0 days 1,810 sqft
    2022-08-01 0 days 1,806 sqft
    2022-09-01 0 days 1,773 sqft
    2022-10-01 0 days 1,728 sqft
    2022-11-01 0 days 1,842 sqft
    2022-12-01 0 days 1,824 sqft
    2023-01-01 0 days 1,841 sqft
    2023-02-01 0 days 1,876 sqft
    2023-03-01 0 days 1,974 sqft
    2023-04-01 0 days 1,981 sqft
    2023-05-01 0 days 1,879 sqft
    2023-06-01 0 days 1,843 sqft
    2023-07-01 0 days 1,887 sqft
    2023-08-01 0 days 1,989 sqft
    2023-09-01 0 days 2,010 sqft
    2023-10-01 0 days 1,934 sqft
    2023-11-01 0 days 1,963 sqft
    2023-12-01 0 days 1,881 sqft
    2024-01-01 0 days 1,799 sqft
    2024-02-01 0 days 1,770 sqft
    2024-03-01 0 days 1,779 sqft
    2024-04-01 0 days 1,780 sqft
    2024-05-01 0 days 1,896 sqft
    2024-06-01 0 days 1,907 sqft
    2024-07-01 0 days 1,943 sqft
    2024-08-01 0 days 1,989 sqft
    2024-09-01 0 days 1,834 sqft
    2024-10-01 0 days 1,939 sqft
    2024-11-01 0 days 2,060 sqft
    2024-12-01 0 days 2,056 sqft
    2025-01-01 0 days 2,000 sqft
    Sayre's median listing age (time on market) for 2025-01-01 was 0 days.

    Sayre's median square footage for active listings during the 2025-01-01 period was 2,000 sqft. One year prior, the average listing was 1,799 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).