Williamsport FHA Loan Rates, Closing Costs & Stats

WILLIAMSPORT, 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.

    Williamsport's 37 lenders originated 186 FHA loans during 2024. The total origination value was $34,460,000, with an average FHA loan value of $185,269.

    Williamsport FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Williamsport averaged 0.24% for the week of 2025-07-04, compared to the national average (all FHA variants) of 0% for the same period.

    Williamsport's average FHA mortgage closing costs are $7,152.

    The average rate for the prior week (2025-06-27) was 6.52% and one month ago for the week of 2025-05-30, the average rate was 6.8%.

    The average rate one year ago was 6.92%.

    For refis of the same type during the week of 2025-07-04, the average rate was 0.45%.

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

    Williamsport 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 Williamsport level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    PRIMELENDING, A PLAINSCAPITAL COMPANY 40 6.44% $8,799
    QUICKEN LOANS, LLC 38 6.41% $9,557
    Century Mortgage Company DBA Century Lending Company 14 6.26% $8,117
    ALLIED MORTGAGE GROUP, INC. 9 6.11% $11,488
    UNITED WHOLESALE MORTGAGE, LLC 8 6.29% $9,597
    Blue Ridge Bank 8 6.36% $7,744
    GUILD MORTGAGE COMPANY 6 6.21% $7,039
    NEWREZ LLC 6 6.65% $8,355
    FREEDOM MORTGAGE CORPORATION 4 6.53% $9,772
    UNION HOME MORTGAGE CORP. 3 7.08% $13,504
    Carrington Mortgage Services, LLC 3 6.38% $8,231
    ZILLOW HOME LOANS, LLC 2 6.38% $13,829
    CROSSCOUNTRY MORTGAGE, LLC 2 6.69% $11,213
    LOANDEPOT.COM, LLC 2 6.62% $8,136
    M&T Bank 2 6.69% $6,275
    MYCUMORTGAGE, LLC 2 6.25% $6,529
    PENNYMAC LOAN SERVICES, LLC 2 6.25% $6,740
    TIDEWATER MORTGAGE SERVICES, INC. 2 7.19% $9,313
    LAKEVIEW LOAN SERVICING, LLC 1 5.75% $8,772
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.88% $20,108
    LOANPAL, LLC 1 6.13% $10,049
    MEMBER FIRST MORTGAGE, LLC 1 7.13% $7,360
    AMERICAN FINANCING CORPORATION 1 5.75% $7,752
    US MORTGAGE CORPORATION 1 6.75% $11,342
    Nations Lending Corporation 1 6.25% $14,130
    Equity Prime Mortgage LLC 1 6.25% $7,520
    Valley National Bank 1 6.25% $10,565
    ENVOY MORTGAGE, LTD 1 6.63% $7,573
    CMG MORTGAGE, INC. 1 6.50% $11,127
    SUN WEST MORTGAGE COMPANY, INC. 1 6.50% $12,513
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.75% $8,236
    Truist 1 6.75% $9,032
    FIRST HERITAGE FINANCIAL, LLC 1 6.99% $7,075
    First Commonwealth Bank 1 6.13% $7,181
    Fulton Bank 1 6.00% $7,008
    First Citizens Community Bank 1 6.99% $8,737
    Ixonia Bank 1 7.13% $12,334

    The top Williamsport FHA lender as defined by loan originations is PRIMELENDING, A PLAINSCAPITAL COMPANY, with 40 FHA loans originated. Their average total fees are $8,799, which is $758 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Williamsport FHA lenders (with over 10 loans originated) are Century Mortgage Company DBA Century Lending Company ($8,117), PRIMELENDING, A PLAINSCAPITAL COMPANY ($8,799), QUICKEN LOANS, LLC ($9,557), .

    The lowest rate Williamsport FHA lenders (with over 10 loans originated) are Century Mortgage Company DBA Century Lending Company (6.26%), QUICKEN LOANS, LLC (6.41%), PRIMELENDING, A PLAINSCAPITAL COMPANY (6.44%), .

    Williamsport FHA Loan Limits

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