St. George FHA Loan Rates, Closing Costs & Stats
ST. GEORGE, UT
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.
St. George's 57 lenders originated 650 FHA loans during 2023. The total origination value was $224,050,000, with an average FHA loan value of $344,692.
St. George FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in St. George
averaged
0.02%
for the week of 2024-11-29, compared to the national average (all FHA variants) of
0% for the same period.
St. George's average FHA mortgage closing costs are $9,818.
The average rate for the prior week (2024-11-22) was
6.31% and
one month ago for the week of 2024-10-25, the
average rate was 6.29%.
The average rate one year ago was 6.78%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.33%.
St. George 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 St. George level.
The top St. George FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
80 FHA loans originated. Their average total fees are
$14,941, which is $3,368
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee St. George FHA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($10,072), BELEM SERVICING LLC ($13,493), UNITED WHOLESALE MORTGAGE, LLC ($14,941), SUN AMERICAN MORTGAGE COMPANY ($15,052) and QUICKEN LOANS, LLC ($15,395).
The lowest rate St. George FHA lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (5.87%), INTERCAP LENDING INC. (6.01%), DHI MORTGAGE COMPANY, LTD. (6.07%), UNITED WHOLESALE MORTGAGE, LLC (6.19%) and BROKER SOLUTIONS, INC. (6.21%).
St. George FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
ST. GEORGE, UT | WASHINGTON | 2022 | $481,850 | $616,850 | $745,650 | $926,650 |
ST. GEORGE, UT | WASHINGTON | 2023 | $593,400 | $759,650 | $918,250 | $1,141,150 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - St. George (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $364,950 (6.6%) | $468,710 (0.7%) | 0.00 | 1,049 |
2018-02-01 | $379,450 (8.5%) | $538,718 (14.9%) | 0.00 | 1,149 |
2018-03-01 | $379,900 (8.6%) | $537,314 (16.3%) | 0.00 | 1,142 |
2018-04-01 | $390,875 (11.7%) | $561,402 (22.0%) | 0.00 | 1,072 |
2018-05-01 | $396,250 (6.4%) | $556,838 (7.0%) | 0.00 | 1,053 |
2018-06-01 | $389,000 (4.6%) | $541,935 (4.9%) | 0.00 | 1,064 |
2018-07-01 | $381,942 (6.1%) | $541,181 (6.3%) | 0.00 | 1,098 |
2018-08-01 | $388,900 (6.8%) | $478,965 (-6.5%) | 0.00 | 1,119 |
2018-09-01 | $386,173 (5.8%) | $495,232 (-3.5%) | 0.00 | 1,198 |
2018-10-01 | $379,900 (6.9%) | $484,825 (6.1%) | 0.00 | 1,294 |
2018-11-01 | $377,561 (7.3%) | $477,462 (4.6%) | 0.00 | 1,326 |
2018-12-01 | $379,950 (4.5%) | $479,560 (2.8%) | 0.00 | 1,246 |
2019-01-01 | $379,950 (4.1%) | $479,747 (2.4%) | 0.00 | 1,210 |
2019-02-01 | $397,000 (4.6%) | $493,515 (-8.4%) | 0.00 | 1,367 |
2019-03-01 | $399,900 (5.3%) | $499,486 (-7.0%) | 0.00 | 1,410 |
2019-04-01 | $399,900 (2.3%) | $495,762 (-11.7%) | 0.00 | 1,380 |
2019-05-01 | $399,900 (0.9%) | $501,703 (-9.9%) | 0.00 | 1,261 |
2019-06-01 | $399,900 (2.8%) | $502,227 (-7.3%) | 0.00 | 1,236 |
2019-07-01 | $409,175 (7.1%) | $2,166,063 (300.3%) | 0.00 | 1,187 |
2019-08-01 | $406,664 (4.6%) | $1,748,773 (265.1%) | 0.00 | 1,217 |
2019-09-01 | $402,634 (4.3%) | $1,049,189 (111.9%) | 0.00 | 1,298 |
2019-10-01 | $400,197 (5.3%) | $520,251 (7.3%) | 0.00 | 1,338 |
2019-11-01 | $418,135 (10.8%) | $527,888 (10.6%) | 0.00 | 1,220 |
2019-12-01 | $427,500 (12.5%) | $535,906 (11.8%) | 0.00 | 1,174 |
2020-01-01 | $429,450 (13.0%) | $538,565 (12.3%) | 0.00 | 1,161 |
2020-02-01 | $429,900 (8.3%) | $552,590 (12.0%) | 0.00 | 1,234 |
2020-03-01 | $439,900 (10.0%) | $569,943 (14.1%) | 0.00 | 1,250 |
2020-04-01 | $444,400 (11.1%) | $560,220 (13.0%) | 0.00 | 1,340 |
2020-05-01 | $439,900 (10.0%) | $568,815 (13.4%) | 0.00 | 1,213 |
2020-06-01 | $444,920 (11.3%) | $586,208 (16.7%) | 0.00 | 974 |
2020-07-01 | $454,000 (11.0%) | $603,191 (-72.2%) | 0.00 | 819 |
2020-08-01 | $456,000 (12.1%) | $641,269 (-63.3%) | 0.00 | 667 |
2020-09-01 | $467,500 (16.1%) | $678,244 (-35.4%) | 0.00 | 605 |
2020-10-01 | $500,000 (24.9%) | $758,599 (45.8%) | 0.00 | 513 |
2020-11-01 | $529,900 (26.7%) | $831,809 (57.6%) | 0.00 | 460 |
2020-12-01 | $538,425 (26.0%) | $828,405 (54.6%) | 0.00 | 413 |
2021-01-01 | $549,250 (27.9%) | $839,009 (55.8%) | 0.00 | 312 |
2021-02-01 | $584,832 (36.0%) | $846,219 (53.1%) | 0.00 | 287 |
2021-03-01 | $612,450 (39.2%) | $835,305 (46.6%) | 0.00 | 259 |
2021-04-01 | $635,086 (42.9%) | $840,053 (50.0%) | 0.00 | 254 |
2021-05-01 | $650,000 (47.8%) | $887,800 (56.1%) | 0.00 | 318 |
2021-06-01 | $649,925 (46.1%) | $1,270,947 (116.8%) | 0.00 | 413 |
2021-07-01 | $645,000 (42.1%) | $1,163,608 (92.9%) | 0.00 | 524 |
2021-08-01 | $625,000 (37.1%) | $1,102,629 (71.9%) | 0.00 | 593 |
2021-09-01 | $630,875 (35.0%) | $1,000,068 (47.5%) | 0.00 | 680 |
2021-10-01 | $620,000 (24.0%) | $990,752 (30.6%) | 0.00 | 703 |
2021-11-01 | $634,500 (19.7%) | $1,016,101 (22.2%) | 0.00 | 618 |
2021-12-01 | $659,950 (22.6%) | $1,100,818 (32.9%) | 0.00 | 506 |
2022-01-01 | $725,000 (32.0%) | $1,203,247 (43.4%) | 0.00 | 409 |
2022-02-01 | $770,000 (31.7%) | $1,276,826 (50.9%) | 0.00 | 369 |
2022-03-01 | $788,000 (28.7%) | $1,252,213 (49.9%) | 0.00 | 431 |
2022-04-01 | $779,500 (22.7%) | $986,129 (17.4%) | 0.00 | 473 |
2022-05-01 | $765,725 (17.8%) | $951,086 (7.1%) | 0.00 | 676 |
2022-06-01 | $739,950 (13.9%) | $901,399 (-29.1%) | 0.00 | 866 |
2022-07-01 | $699,900 (8.5%) | $848,270 (-27.1%) | 0.00 | 1,101 |
2022-08-01 | $665,925 (6.6%) | $799,705 (-27.5%) | 0.00 | 1,247 |
2022-09-01 | $656,475 (4.1%) | $788,189 (-21.2%) | 0.00 | 1,293 |
2022-10-01 | $649,900 (4.8%) | $778,238 (-21.5%) | 0.00 | 1,375 |
2022-11-01 | $649,450 (2.4%) | $776,142 (-23.6%) | 0.00 | 1,379 |
2022-12-01 | $649,500 (-1.6%) | $779,550 (-29.2%) | 0.00 | 1,319 |
2023-01-01 | $629,950 (-13.1%) | $770,741 (-35.9%) | 0.00 | 1,231 |
2023-02-01 | $659,000 (-14.4%) | $823,800 (-35.5%) | 0.00 | 1,269 |
2023-03-01 | $679,729 (-13.7%) | $863,229 (-31.1%) | 0.00 | 1,304 |
2023-04-01 | $675,000 (-13.4%) | $861,970 (-12.6%) | 0.00 | 1,230 |
2023-05-01 | $682,500 (-10.9%) | $885,256 (-6.9%) | 0.00 | 1,142 |
2023-06-01 | $692,425 (-6.4%) | $883,911 (-1.9%) | 0.00 | 1,096 |
2023-07-01 | $675,000 (-3.6%) | $854,619 (0.8%) | 0.00 | 1,096 |
2023-08-01 | $664,950 (-0.2%) | $833,927 (4.3%) | 0.00 | 1,074 |
2023-09-01 | $659,000 (0.4%) | $821,883 (4.3%) | 0.00 | 1,183 |
2023-10-01 | $675,000 (3.9%) | $843,645 (8.4%) | 0.00 | 1,259 |
2023-11-01 | $664,000 (2.2%) | $830,294 (7.0%) | 0.00 | 1,224 |
2023-12-01 | $649,900 (0.1%) | $828,988 (6.3%) | 0.00 | 1,193 |
2024-01-01 | $654,225 (3.9%) | $840,778 (9.1%) | 0.00 | 1,138 |
2024-02-01 | $696,073 (5.6%) | $919,231 (11.6%) | 0.00 | 1,234 |
2024-03-01 | $699,900 (3.0%) | $955,037 (10.6%) | 0.00 | 1,290 |
2024-04-01 | $698,750 (3.5%) | $954,287 (10.7%) | 0.00 | 1,244 |
2024-05-01 | $696,100 (2.0%) | $961,114 (8.6%) | 0.00 | 1,251 |
2024-06-01 | $679,900 (-1.8%) | $928,374 (5.0%) | 0.00 | 1,245 |
2024-07-01 | $659,500 (-2.3%) | $882,795 (3.3%) | 0.00 | 1,294 |
2024-08-01 | $650,000 (-2.3%) | $866,189 (3.9%) | 0.00 | 1,359 |
2024-09-01 | $659,973 (0.2%) | $854,698 (4.0%) | 0.00 | 1,506 |
2024-10-01 | $675,000 (0.0%) | $879,831 (4.3%) | 0.00 | 1,601 |
St. George's median listing price comes in at 0% of the national average.
St. George's average listing price for 2024-10-01 was $879,831, a difference of $36,186 (4.3%) versus the prior year and $25,133 versus the prior month.
For the 2024-10-01 period, St. George had 1,601 MLS listings, a difference of 95 listings (6%) versus the prior month and 342 listings (27%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - St. George (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,241 sqft |
2018-02-01 | 0 days | 2,281 sqft |
2018-03-01 | 0 days | 2,258 sqft |
2018-04-01 | 0 days | 2,292 sqft |
2018-05-01 | 0 days | 2,293 sqft |
2018-06-01 | 0 days | 2,249 sqft |
2018-07-01 | 0 days | 2,223 sqft |
2018-08-01 | 0 days | 2,239 sqft |
2018-09-01 | 0 days | 2,246 sqft |
2018-10-01 | 0 days | 2,205 sqft |
2018-11-01 | 0 days | 2,179 sqft |
2018-12-01 | 0 days | 2,184 sqft |
2019-01-01 | 0 days | 2,174 sqft |
2019-02-01 | 0 days | 2,191 sqft |
2019-03-01 | 0 days | 2,247 sqft |
2019-04-01 | 0 days | 2,238 sqft |
2019-05-01 | 0 days | 2,240 sqft |
2019-06-01 | 0 days | 2,200 sqft |
2019-07-01 | 0 days | 2,186 sqft |
2019-08-01 | 0 days | 2,180 sqft |
2019-09-01 | 0 days | 2,173 sqft |
2019-10-01 | 0 days | 2,191 sqft |
2019-11-01 | 0 days | 2,268 sqft |
2019-12-01 | 0 days | 2,293 sqft |
2020-01-01 | 0 days | 2,271 sqft |
2020-02-01 | 0 days | 2,255 sqft |
2020-03-01 | 0 days | 2,305 sqft |
2020-04-01 | 0 days | 2,309 sqft |
2020-05-01 | 0 days | 2,300 sqft |
2020-06-01 | 0 days | 2,304 sqft |
2020-07-01 | 0 days | 2,319 sqft |
2020-08-01 | 0 days | 2,330 sqft |
2020-09-01 | 0 days | 2,353 sqft |
2020-10-01 | 0 days | 2,466 sqft |
2020-11-01 | 0 days | 2,502 sqft |
2020-12-01 | 0 days | 2,500 sqft |
2021-01-01 | 0 days | 2,569 sqft |
2021-02-01 | 0 days | 2,536 sqft |
2021-03-01 | 0 days | 2,459 sqft |
2021-04-01 | 0 days | 2,499 sqft |
2021-05-01 | 0 days | 2,574 sqft |
2021-06-01 | 0 days | 2,525 sqft |
2021-07-01 | 0 days | 2,389 sqft |
2021-08-01 | 0 days | 2,294 sqft |
2021-09-01 | 0 days | 2,320 sqft |
2021-10-01 | 0 days | 2,323 sqft |
2021-11-01 | 0 days | 2,335 sqft |
2021-12-01 | 0 days | 2,458 sqft |
2022-01-01 | 0 days | 2,568 sqft |
2022-02-01 | 0 days | 2,570 sqft |
2022-03-01 | 0 days | 2,555 sqft |
2022-04-01 | 0 days | 2,498 sqft |
2022-05-01 | 0 days | 2,444 sqft |
2022-06-01 | 0 days | 2,353 sqft |
2022-07-01 | 0 days | 2,291 sqft |
2022-08-01 | 0 days | 2,222 sqft |
2022-09-01 | 0 days | 2,218 sqft |
2022-10-01 | 0 days | 2,173 sqft |
2022-11-01 | 0 days | 2,178 sqft |
2022-12-01 | 0 days | 2,174 sqft |
2023-01-01 | 0 days | 2,154 sqft |
2023-02-01 | 0 days | 2,222 sqft |
2023-03-01 | 0 days | 2,263 sqft |
2023-04-01 | 0 days | 2,270 sqft |
2023-05-01 | 0 days | 2,340 sqft |
2023-06-01 | 0 days | 2,350 sqft |
2023-07-01 | 0 days | 2,270 sqft |
2023-08-01 | 0 days | 2,262 sqft |
2023-09-01 | 0 days | 2,271 sqft |
2023-10-01 | 0 days | 2,318 sqft |
2023-11-01 | 0 days | 2,290 sqft |
2023-12-01 | 0 days | 2,267 sqft |
2024-01-01 | 0 days | 2,255 sqft |
2024-02-01 | 0 days | 2,337 sqft |
2024-03-01 | 0 days | 2,347 sqft |
2024-04-01 | 0 days | 2,341 sqft |
2024-05-01 | 0 days | 2,334 sqft |
2024-06-01 | 0 days | 2,334 sqft |
2024-07-01 | 0 days | 2,270 sqft |
2024-08-01 | 0 days | 2,250 sqft |
2024-09-01 | 0 days | 2,280 sqft |
2024-10-01 | 0 days | 2,316 sqft |
St. George's median square footage for active listings during the 2024-10-01 period was 2,316 sqft. One year prior, the average listing was 2,318 sqft.