Zanesville FHA Loan Rates, Closing Costs & Stats

Zanesville, OH

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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.

    Zanesville's 53 lenders originated 333 FHA loans during 2024. The total origination value was $63,935,000, with an average FHA loan value of $191,997.

    Zanesville FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Zanesville averaged 6.64% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

    Zanesville's average FHA mortgage closing costs are $7,187.

    The average rate for the prior week (2025-03-28) was 6.84% and one month ago for the week of 2025-02-28, the average rate was 6.52%.

    The average rate one year ago was 7.14%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.77%.

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

    Zanesville 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 Zanesville level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    CROSSCOUNTRY MORTGAGE, LLC 59 6.95% $10,770
    RUOFF MORTGAGE COMPANY, INC. 38 6.46% $6,454
    The Huntington National Bank 29 6.95% $8,195
    QUICKEN LOANS, LLC 28 6.23% $10,038
    UNITED WHOLESALE MORTGAGE, LLC 20 5.98% $11,782
    LIBERTY HOME MORTGAGE CORPORATION 11 6.89% $6,310
    NFM, INC. 9 7.14% $11,317
    J. VIRGIL, INC. 8 7.06% $9,631
    LOANDEPOT.COM, LLC 6 6.18% $13,404
    AMERICAN FINANCING CORPORATION 6 6.46% $9,880
    FREEDOM MORTGAGE CORPORATION 6 6.33% $11,085
    EQUITY RESOURCES, INC. 5 6.73% $7,988
    MID AMERICA MORTGAGE, INC. 5 6.85% $8,375
    Mortgage Research Center, LLC 4 6.97% $6,690
    PENNYMAC LOAN SERVICES, LLC 3 6.08% $6,237
    JPMorgan Chase Bank 3 6.29% $4,316
    T2 FINANCIAL LLC 3 7.08% $8,851
    NEWREZ LLC 3 6.25% $8,962
    Equity Prime Mortgage LLC 3 6.08% $10,540
    POLARIS HOME FUNDING CORP. 2 6.44% $9,136
    HOMESIDE FINANCIAL, LLC 2 6.63% $11,151
    Carrington Mortgage Services, LLC 2 5.75% $12,618
    UNION HOME MORTGAGE CORP. 2 7.13% $12,225
    GSF Mortgage Corporation 2 6.50% $21,805
    RAPID MORTGAGE COMPANY 1 7.13% $7,720
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.75% $11,631
    The Park National Bank 1 6.13% $8,820
    UNION CAPITAL MORTGAGE CORPORATION 1 7.00% $14,804
    VERITAS FUNDING, LLC 1 7.13% $13,715
    MILEND, INC. 1 6.99% $11,219
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.75% $7,741
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.75% $10,797
    AmeriHome Mortgage Company, LLC 1 7.63% $6,769
    AMERISAVE MORTGAGE CORPORATION 1 6.25% $6,904
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.63% $9,256
    BETTER MORTGAGE CORPORATION 1 6.25% $9,363
    BROKER SOLUTIONS, INC. 1 6.75% $10,225
    CARDINAL FINANCIAL 1 6.63% $11,711
    EMM LOANS LLC 1 5.50% $13,044
    Flagstar Bank, FSB 1 7.63% $5,493
    GUARANTEED RATE, INC. 1 6.63% $9,108
    HOMESPIRE MORTGAGE CORPORATION 1 7.50% $8,519
    ALLIED MORTGAGE GROUP, INC. 1 6.00% $14,297
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $12,487
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.13% $12,490
    MYCUMORTGAGE, LLC 1 6.25% $6,995
    Nations Lending Corporation 1 5.75% $13,885
    OCEANSIDE MORTGAGE COMPANY 1 6.63% $2,013
    Paramount Residential Mortgage Group, Inc. 1 6.99% $14,180
    Peoples Bank 1 7.13% $7,198
    PLANET HOME LENDING, LLC 1 5.99% $6,053
    PNC Bank 1 6.50% $7,238
    PREMIER LENDING, INC. 1 7.63% $14,809

    The top Zanesville FHA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 59 FHA loans originated. Their average total fees are $10,770, which is $4,316 higher than the next largest lender, RUOFF MORTGAGE COMPANY, INC..

    The lowest fee Zanesville FHA lenders (with over 10 loans originated) are LIBERTY HOME MORTGAGE CORPORATION ($6,310), RUOFF MORTGAGE COMPANY, INC. ($6,454), The Huntington National Bank ($8,195), QUICKEN LOANS, LLC ($10,038) and CROSSCOUNTRY MORTGAGE, LLC ($10,770).

    The lowest rate Zanesville FHA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.98%), QUICKEN LOANS, LLC (6.23%), RUOFF MORTGAGE COMPANY, INC. (6.46%), LIBERTY HOME MORTGAGE CORPORATION (6.89%) and CROSSCOUNTRY MORTGAGE, LLC (6.95%).

    Zanesville FHA Loan Limits

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Zanesville (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 $139,800 (9.0%) $174,380 (4.5%) 0.00 226
    2018-02-01 $149,900 (15.6%) $185,634 (9.0%) 0.00 210
    2018-03-01 $154,900 (19.3%) $194,882 (13.8%) 0.00 183
    2018-04-01 $151,300 (13.4%) $191,801 (11.5%) 0.00 193
    2018-05-01 $149,900 (8.3%) $191,666 (9.9%) 0.00 210
    2018-06-01 $159,567 (20.0%) $195,428 (13.7%) 0.00 230
    2018-07-01 $154,900 (19.3%) $193,876 (15.3%) 0.00 276
    2018-08-01 $154,900 (13.6%) $197,333 (15.6%) 0.00 284
    2018-09-01 $150,000 (15.5%) $196,742 (16.1%) 0.00 292
    2018-10-01 $152,975 (13.9%) $199,303 (16.8%) 0.00 297
    2018-11-01 $154,675 (19.1%) $201,595 (16.6%) 0.00 295
    2018-12-01 $159,900 (18.5%) $206,632 (21.9%) 0.00 270
    2019-01-01 $157,400 (12.6%) $202,550 (16.2%) 0.00 246
    2019-02-01 $159,550 (6.4%) $207,901 (12.0%) 0.00 220
    2019-03-01 $159,729 (3.1%) $209,049 (7.3%) 0.00 205
    2019-04-01 $159,729 (5.6%) $204,393 (6.6%) 0.00 206
    2019-05-01 $159,900 (6.7%) $197,663 (3.1%) 0.00 222
    2019-06-01 $165,900 (4.0%) $207,317 (6.1%) 0.00 219
    2019-07-01 $169,800 (9.6%) $210,339 (8.5%) 0.00 216
    2019-08-01 $169,791 (9.6%) $211,208 (7.0%) 0.00 218
    2019-09-01 $169,627 (13.1%) $209,656 (6.6%) 0.00 214
    2019-10-01 $169,518 (10.8%) $209,422 (5.1%) 0.00 209
    2019-11-01 $154,950 (0.2%) $202,072 (0.2%) 0.00 194
    2019-12-01 $158,650 (-0.8%) $196,182 (-5.1%) 0.00 177
    2020-01-01 $157,400 (0.0%) $190,185 (-6.1%) 0.00 162
    2020-02-01 $149,900 (-6.1%) $187,493 (-9.8%) 0.00 159
    2020-03-01 $149,300 (-6.5%) $186,391 (-10.8%) 0.00 140
    2020-04-01 $146,850 (-8.1%) $195,392 (-4.4%) 0.00 134
    2020-05-01 $179,000 (11.9%) $216,717 (9.6%) 0.00 124
    2020-06-01 $178,425 (7.6%) $223,583 (7.9%) 0.00 117
    2020-07-01 $179,675 (5.8%) $234,260 (11.4%) 0.00 101
    2020-08-01 $179,000 (5.4%) $208,764 (-1.2%) 0.00 84
    2020-09-01 $159,900 (-5.7%) $208,826 (-0.4%) 0.00 86
    2020-10-01 $154,450 (-8.9%) $190,397 (-9.1%) 0.00 94
    2020-11-01 $145,750 (-5.9%) $177,467 (-12.2%) 0.00 107
    2020-12-01 $151,900 (-4.3%) $174,414 (-11.1%) 0.00 103
    2021-01-01 $146,400 (-7.0%) $168,506 (-11.4%) 0.00 97
    2021-02-01 $150,450 (0.4%) $175,468 (-6.4%) 0.00 65
    2021-03-01 $166,150 (11.3%) $187,803 (0.8%) 0.00 45
    2021-04-01 $171,200 (16.6%) $211,514 (8.3%) 0.00 61
    2021-05-01 $169,900 (-5.1%) $200,607 (-7.4%) 0.00 60
    2021-06-01 $177,900 (-0.3%) $211,034 (-5.6%) 0.00 77
    2021-07-01 $179,900 (0.1%) $213,794 (-8.7%) 0.00 88
    2021-08-01 $179,900 (0.5%) $227,206 (8.8%) 0.00 82
    2021-09-01 $174,900 (9.4%) $226,552 (8.5%) 0.00 84
    2021-10-01 $169,900 (10.0%) $226,415 (18.9%) 0.00 105
    2021-11-01 $169,450 (16.3%) $216,286 (21.9%) 0.00 100
    2021-12-01 $163,425 (7.6%) $205,814 (18.0%) 0.00 79
    2022-01-01 $157,500 (7.6%) $232,671 (38.1%) 0.00 72
    2022-02-01 $155,000 (3.0%) $227,894 (29.9%) 0.00 77
    2022-03-01 $150,975 (-9.1%) $214,431 (14.2%) 0.00 80
    2022-04-01 $161,450 (-5.7%) $216,467 (2.3%) 0.00 79
    2022-05-01 $172,450 (1.5%) $235,694 (17.5%) 0.00 82
    2022-06-01 $182,900 (2.8%) $252,241 (19.5%) 0.00 93
    2022-07-01 $182,400 (1.4%) $235,295 (10.1%) 0.00 103
    2022-08-01 $194,500 (8.1%) $250,548 (10.3%) 0.00 115
    2022-09-01 $222,450 (27.2%) $267,947 (18.3%) 0.00 126
    2022-10-01 $225,000 (32.4%) $261,847 (15.7%) 0.00 122
    2022-11-01 $207,000 (22.2%) $244,379 (13.0%) 0.00 119
    2022-12-01 $201,500 (23.3%) $247,547 (20.3%) 0.00 112
    2023-01-01 $198,750 (26.2%) $244,315 (5.0%) 0.00 116
    2023-02-01 $189,500 (22.3%) $251,147 (10.2%) 0.00 98
    2023-03-01 $185,300 (22.7%) $250,254 (16.7%) 0.00 96
    2023-04-01 $185,000 (14.6%) $246,778 (14.0%) 0.00 95
    2023-05-01 $227,225 (31.8%) $273,322 (16.0%) 0.00 86
    2023-06-01 $259,925 (42.1%) $304,175 (20.6%) 0.00 93
    2023-07-01 $241,450 (32.4%) $270,844 (15.1%) 0.00 106
    2023-08-01 $254,950 (31.1%) $275,458 (9.9%) 0.00 111
    2023-09-01 $249,700 (12.3%) $268,086 (0.1%) 0.00 122
    2023-10-01 $252,450 (12.2%) $268,935 (2.7%) 0.00 140
    2023-11-01 $237,400 (14.7%) $256,065 (4.8%) 0.00 137
    2023-12-01 $239,000 (18.6%) $254,107 (2.7%) 0.00 133
    2024-01-01 $242,175 (21.9%) $266,698 (9.2%) 0.00 105
    2024-02-01 $241,175 (27.3%) $276,221 (10.0%) 0.00 84
    2024-03-01 $251,750 (35.9%) $283,568 (13.3%) 0.00 83
    2024-04-01 $249,450 (34.8%) $282,826 (14.6%) 0.00 77
    2024-05-01 $275,817 (21.4%) $309,481 (13.2%) 0.00 89
    2024-06-01 $284,900 (9.6%) $317,671 (4.4%) 0.00 110
    2024-07-01 $264,450 (9.5%) $323,676 (19.5%) 0.00 139
    2024-08-01 $259,450 (1.8%) $321,716 (16.8%) 0.00 130
    2024-09-01 $272,550 (9.2%) $306,650 (14.4%) 0.00 140
    2024-10-01 $256,250 (1.5%) $291,901 (8.5%) 0.00 157
    2024-11-01 $259,900 (9.5%) $290,807 (13.6%) 0.00 167
    2024-12-01 $257,425 (7.7%) $287,756 (13.2%) 0.00 165
    2025-01-01 $255,450 (5.5%) $281,926 (5.7%) 0.00 155
    2025-02-01 $260,850 (8.2%) $282,939 (2.4%) 0.00 150
    2025-03-01 $275,000 (9.2%) $293,671 (3.6%) 0.00 144
    Zanesville's median listing price for 2025-03-01 was $275,000, a difference of $23,250 (9.2%) versus the prior year and $14,150 versus the prior month.

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

    Zanesville's average listing price for 2025-03-01 was $293,671, a difference of $10,103 (3.6%) versus the prior year and $10,732 versus the prior month.

    For the 2025-03-01 period, Zanesville had 144 MLS listings, a difference of -6 listings (-4%) versus the prior month and 61 listings (73%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Zanesville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,641 sqft
    2018-02-01 0 days 1,686 sqft
    2018-03-01 0 days 1,678 sqft
    2018-04-01 0 days 1,647 sqft
    2018-05-01 0 days 1,625 sqft
    2018-06-01 0 days 1,664 sqft
    2018-07-01 0 days 1,899 sqft
    2018-08-01 0 days 1,917 sqft
    2018-09-01 0 days 1,901 sqft
    2018-10-01 0 days 1,906 sqft
    2018-11-01 0 days 1,967 sqft
    2018-12-01 0 days 1,972 sqft
    2019-01-01 0 days 1,914 sqft
    2019-02-01 0 days 1,920 sqft
    2019-03-01 0 days 1,917 sqft
    2019-04-01 0 days 1,913 sqft
    2019-05-01 0 days 1,694 sqft
    2019-06-01 0 days 1,787 sqft
    2019-07-01 0 days 1,777 sqft
    2019-08-01 0 days 1,790 sqft
    2019-09-01 0 days 1,826 sqft
    2019-10-01 0 days 1,849 sqft
    2019-11-01 0 days 1,781 sqft
    2019-12-01 0 days 1,767 sqft
    2020-01-01 0 days 1,771 sqft
    2020-02-01 0 days 1,813 sqft
    2020-03-01 0 days 1,754 sqft
    2020-04-01 0 days 1,761 sqft
    2020-05-01 0 days 1,916 sqft
    2020-06-01 0 days 1,895 sqft
    2020-07-01 0 days 1,907 sqft
    2020-08-01 0 days 1,685 sqft
    2020-09-01 0 days 1,667 sqft
    2020-10-01 0 days 1,680 sqft
    2020-11-01 0 days 1,705 sqft
    2020-12-01 0 days 1,684 sqft
    2021-01-01 0 days 1,629 sqft
    2021-02-01 0 days 1,628 sqft
    2021-03-01 0 days 1,648 sqft
    2021-04-01 0 days 1,680 sqft
    2021-05-01 0 days 1,832 sqft
    2021-06-01 0 days 1,895 sqft
    2021-07-01 0 days 1,992 sqft
    2021-08-01 0 days 1,949 sqft
    2021-09-01 0 days 1,874 sqft
    2021-10-01 0 days 1,746 sqft
    2021-11-01 0 days 1,610 sqft
    2021-12-01 0 days 1,564 sqft
    2022-01-01 0 days 1,470 sqft
    2022-02-01 0 days 1,610 sqft
    2022-03-01 0 days 1,703 sqft
    2022-04-01 0 days 1,549 sqft
    2022-05-01 0 days 1,582 sqft
    2022-06-01 0 days 1,681 sqft
    2022-07-01 0 days 1,817 sqft
    2022-08-01 0 days 1,672 sqft
    2022-09-01 0 days 1,722 sqft
    2022-10-01 0 days 1,728 sqft
    2022-11-01 0 days 1,756 sqft
    2022-12-01 0 days 1,655 sqft
    2023-01-01 0 days 1,584 sqft
    2023-02-01 0 days 1,562 sqft
    2023-03-01 0 days 1,626 sqft
    2023-04-01 0 days 1,556 sqft
    2023-05-01 0 days 1,771 sqft
    2023-06-01 0 days 1,861 sqft
    2023-07-01 0 days 1,848 sqft
    2023-08-01 0 days 2,032 sqft
    2023-09-01 0 days 1,896 sqft
    2023-10-01 0 days 1,895 sqft
    2023-11-01 0 days 1,877 sqft
    2023-12-01 0 days 1,837 sqft
    2024-01-01 0 days 1,746 sqft
    2024-02-01 0 days 1,832 sqft
    2024-03-01 0 days 1,806 sqft
    2024-04-01 0 days 1,832 sqft
    2024-05-01 0 days 2,046 sqft
    2024-06-01 0 days 2,052 sqft
    2024-07-01 0 days 2,061 sqft
    2024-08-01 0 days 2,061 sqft
    2024-09-01 0 days 1,945 sqft
    2024-10-01 0 days 1,903 sqft
    2024-11-01 0 days 1,916 sqft
    2024-12-01 0 days 1,939 sqft
    2025-01-01 0 days 1,894 sqft
    2025-02-01 0 days 1,815 sqft
    2025-03-01 0 days 1,834 sqft
    Zanesville's median listing age (time on market) for 2025-03-01 was 0 days.

    Zanesville's median square footage for active listings during the 2025-03-01 period was 1,834 sqft. One year prior, the average listing was 1,806 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).