Pennsylvania FHA Loan Rates, Closing Costs & Stats

Pennsylvania

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.

Pennsylvania FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Pennsylvania averaged 6.88% for the week of 2024-05-10, compared to the national average (all FHA variants) of 6.786% for the same period.

Pennsylvania's average FHA mortgage closing costs are $7,891.

The average rate for the prior week (2024-05-03) was 7.07% and one month ago for the week of 2024-04-05, the average rate was 6.46%.

The average rate one year ago was 6.17%.

For refis of the same type during the week of 2024-05-10, the average rate was 6.94%.

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

Pennsylvania 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 Pennsylvania level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 3,053 6.33% $10,170
UNITED WHOLESALE MORTGAGE, LLC 1,417 6.35% $12,204
CROSSCOUNTRY MORTGAGE, LLC 1,215 6.78% $11,953
MOVEMENT MORTGAGE, LLC 768 6.76% $11,189
GUILD MORTGAGE COMPANY 436 6.63% $10,641
LOANDEPOT.COM, LLC 428 6.39% $12,323
PENNYMAC LOAN SERVICES, LLC 407 6.18% $12,433
BROKER SOLUTIONS, INC. 398 6.67% $11,279
Citizens Bank 389 6.43% $9,820
NEWREZ LLC 364 6.50% $11,603
FREEDOM MORTGAGE CORPORATION 333 6.92% $12,955
ALLIED MORTGAGE GROUP, INC. 296 6.54% $11,353
PLAZA HOME MORTGAGE, INC. 291 6.49% $11,105
Prosperity Home Mortgage, LLC 269 6.60% $11,181
Mr. Cooper ( Nationstar Mortgage ) 261 6.09% $14,201
CMG MORTGAGE, INC. 259 6.80% $12,421
Mortgage America, Inc. 252 6.54% $8,847
CARDINAL FINANCIAL 249 6.50% $11,380
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 242 6.84% $10,729
GUARANTEED RATE, INC. 232 6.42% $11,659
EMM LOANS LLC 216 6.46% $12,007
AMERISAVE MORTGAGE CORPORATION 212 6.13% $13,249
UNION HOME MORTGAGE CORP. 209 6.73% $10,557
Flagstar Bank, FSB 209 6.63% $9,549
Century Mortgage Company DBA Century Lending Company 195 6.48% $9,634
HOWARD HANNA FINANCIAL SERVICES, INC. 189 6.54% $7,873
NVR Mortgage Finance, Inc. 189 5.84% $13,275
PRIMELENDING, A PLAINSCAPITAL COMPANY 183 6.64% $8,942
Carrington Mortgage Services, LLC 183 6.42% $12,332
AMERICAN FINANCIAL NETWORK, INC. 166 6.85% $12,370
Ixonia Bank 164 6.95% $10,203
M&T Bank 155 6.32% $8,205
SUCCESS MORTGAGE PARTNERS, INC. 154 6.58% $11,386
Northpointe Bank 141 6.32% $11,133
Equity Prime Mortgage LLC 129 6.66% $12,304
EQUITY RESOURCES, INC. 128 6.69% $8,581
MUTUAL OF OMAHA MORTGAGE, INC. 127 6.70% $14,428
Victorian Finance, LLC 126 6.53% $9,953
NFM, INC. 124 6.68% $11,867
PNC Bank 123 6.78% $7,662
JLB CORPORATION 119 6.56% $9,467
York Traditions Bank 119 6.54% $9,319
STOCKTON MORTGAGE CORPORATION 117 6.71% $9,856
GUARANTEED RATE AFFINITY, LLC 111 6.66% $10,850
Keystone Funding, Inc. 109 6.41% $14,304
WEST PENN FINANCIAL SERVICE CENTER, INC. 107 6.49% $7,413
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 104 6.66% $12,886
Univest Bank and Trust Co. 103 6.46% $9,904
PLANET HOME LENDING, LLC 102 6.40% $11,987
Paramount Residential Mortgage Group, Inc. 101 6.81% $12,814
The Huntington National Bank 101 6.75% $7,670
Meridian Bank Corporation 98 6.56% $10,044
Fulton Bank 98 6.21% $9,758
Mortgage Research Center, LLC 95 7.07% $6,978
RELIANCE FIRST CAPITAL, LLC 94 6.51% $12,275
ABSOLUTE HOME MORTGAGE CORPORATION 94 6.61% $11,699
Plains Commerce Bank 92 6.49% $11,983
ARK-LA-TEX FINANCIAL SERVICES, LLC. 92 6.78% $9,281
LAKEVIEW LOAN SERVICING, LLC 91 6.27% $11,594
TIDEWATER MORTGAGE SERVICES, INC. 87 6.82% $10,065
FIRST HERITAGE FINANCIAL, LLC 87 6.56% $8,070
GREENTREE MORTGAGE COMPANY, L.P. 85 6.54% $11,211
Acre Mortgage and Financial Inc 85 6.65% $14,014
WELCOME HOME FINANCE, L.P. 82 6.28% $5,284
PRIMARY RESIDENTIAL MORTGAGE, INC. 79 6.84% $12,364
AFFORDABLE MORTGAGE ADVISORS, LLC. 72 6.72% $8,748
NATIONWIDE MORTGAGE BANKERS, INC. 66 6.86% $13,173
DEVELOPER'S MORTGAGE COMPANY 64 6.79% $6,332
HOMEBRIDGE FINANCIAL SERVICES, INC. 64 6.49% $10,744
Advisors Mortgage Group, L.L.C. 63 6.45% $11,554
FIRST ALLIANCE HOME MORTGAGE, LLC 62 6.90% $12,977
Summit Mortgage Corporation 59 6.60% $12,237
First Citizens Community Bank 58 6.63% $9,500
T2 FINANCIAL LLC 58 6.70% $11,781
NATION ONE MORTGAGE CORPORATION 58 6.73% $14,432
NORWICH COMMERCIAL GROUP, INC. 57 6.70% $10,660
AmeriHome Mortgage Company, LLC 56 6.37% $11,705
Huntingdon Valley Bank 56 6.30% $9,200
JPMorgan Chase Bank 55 6.56% $6,613
Wilmington Savings Fund Society, FSB 54 6.44% $9,495
TOP FLITE FINANCIAL, INC. 54 7.01% $15,257
DHI MORTGAGE COMPANY, LTD. 54 5.65% $12,544
First Commonwealth Bank 54 6.46% $7,423
ZILLOW HOME LOANS, LLC 53 6.45% $10,756
Quaint Oak Mortgage, LLC 52 6.46% $11,852
SUN WEST MORTGAGE COMPANY, INC. 51 6.39% $12,828
Union Savings Bank 49 6.74% $6,815
CONTOUR MORTGAGE CORPORATION 49 6.79% $13,115
LOANPAL, LLC 48 5.84% $12,041
Customers Bank 47 6.30% $7,456
SWBC MORTGAGE CORPORATION 46 6.83% $6,020
EMBRACE HOME LOANS, INC. 46 6.56% $11,504
Alcova Mortgage LLC 45 6.85% $6,940
GSF Mortgage Corporation 45 6.61% $12,443
Princeton Mortgage Corporation 44 6.60% $11,365
Integrity Home Mortgage Corp 43 6.38% $14,085
MEMBERS 1ST FEDERAL CREDIT UNION 42 6.43% $8,385
Nations Lending Corporation 41 6.55% $10,397
TOWNE MORTGAGE COMPANY 41 6.44% $11,038
VILLAGE CAPITAL MORTGAGE 41 6.20% $11,108
Wells Fargo Bank 41 6.64% $8,388
MICHIGAN MUTUAL, INC. 41 6.01% $12,906
LENDING CAPITAL GROUP Inc 40 6.66% $14,339
PANORAMA MORTGAGE GROUP, LLC 38 6.32% $13,220
HOMESIDE FINANCIAL, LLC 38 6.76% $11,382
Firstrust Savings Bank 38 6.73% $8,743
Flanagan State Bank 37 6.52% $10,722
MILEND, INC. 36 6.36% $14,632
ENVOY MORTGAGE, LTD 35 6.68% $14,379
NATIONS DIRECT MORTGAGE, LLC 35 6.74% $13,603
RADIUS FINANCIAL GROUP INC. 34 7.05% $12,247
Homesale Mortgage, LLC 34 6.89% $9,507
DRAPER AND KRAMER MORTGAGE CORP. 33 6.68% $10,809
Center City Mortgage and Investments LLC 33 6.18% $12,446
ROYAL UNITED MORTGAGE LLC 32 6.92% $11,043
Barrington Bank & Trust Company, N.A. 31 6.50% $9,503
Philadelphia Mortgage Advisors, Inc. 30 6.60% $10,511
FIRST HOME MORTGAGE CORPORATION 30 6.90% $14,279
Bank of England 30 6.45% $10,097
FEDERATED MORTGAGE CORP. 29 6.77% $8,008
EVERETT FINANCIAL, INC. 28 6.80% $13,282
First National Bank of Pennsylvania 28 6.42% $7,920
MORTGAGE ACCESS CORP. 28 6.63% $14,268
Mid Penn Bank 26 6.58% $10,791
NJ LENDERS CORP. 26 6.40% $16,270
Truist 25 6.44% $8,489
GENEVA FINANCIAL, LLC 25 7.17% $11,943
MORTGAGE SOLUTIONS OF COLORADO, LLC 25 6.84% $13,929
AMERICAN FINANCING CORPORATION 25 6.30% $11,246
Dollar Bank, Federal Savings Bank 25 6.64% $6,985
HOMESPIRE MORTGAGE CORPORATION 25 6.74% $10,634
RESIDENTIAL BANCORP 25 6.67% $10,683
AMERICAN PACIFIC MORTGAGE CORPORATION 24 7.04% $10,504
SOUTHPOINT FINANCIAL SERVICES, INC. 23 6.47% $6,795
EAGLE HOME MORTGAGE, LLC 23 6.15% $16,069
AMERICAN FINANCIAL RESOURCES, INC. 22 6.80% $11,296
The Federal Savings Bank 22 6.31% $16,690
PENTAGON FEDERAL CREDIT UNION 22 5.70% $9,419
BAY EQUITY LLC 21 6.80% $9,308
U.S. Bank 21 6.40% $8,333
Bank of America 20 6.17% $7,873
Sierra Pacific Mortgage Company, Inc. 20 6.58% $9,983
Lakeview Community Capital, LLC 20 6.14% $10,439
KeyBank 19 6.41% $7,219
LIBERTY HOME MORTGAGE CORPORATION 19 6.98% $11,471
PATRIOT 19 5.74% $9,330
TD Bank 18 6.49% $8,333
Sail Mortgage Corp. 18 6.43% $7,409
AMERICAN HERITAGE FCU 18 6.38% $8,725
RESIDENTIAL HOME MORTGAGE CORPORATION 17 6.63% $13,410
Waterstone Mortgage Corporation 17 6.47% $10,481
NBKC BANK 17 6.04% $11,424
PHH Mortgage Corporation 17 6.34% $11,543
WesBanco 17 6.54% $6,168
CHURCHILL MORTGAGE CORPORATION 16 6.66% $11,657
MLB RESIDENTIAL LENDING, LLC 16 6.77% $14,835
AmRes Corporation 16 6.70% $12,362
CALIBER HOME LOANS, INC. 15 6.34% $12,416
Towne Bank 14 6.38% $11,002
AMCAP MORTGAGE, LTD. 14 6.20% $11,144
PIKE CREEK MORTGAGE SERVICES, INC. 14 6.66% $15,172
RUOFF MORTGAGE COMPANY, INC. 14 6.17% $7,099
PARAGON HOME LOANS INC. 14 7.00% $8,568
MEMBER FIRST MORTGAGE, LLC 14 7.04% $8,440
Farmers and Merchants Trust Company of Chambersburg 13 6.68% $7,156
FIRST COMMUNITY MORTGAGE, INC. 12 7.24% $9,399
Gateway First Bank 12 7.00% $9,418
US MORTGAGE CORPORATION 12 6.15% $19,029
JMAC LENDING, INC. 12 6.82% $11,171
Northwest Bank 11 6.25% $7,200
NETWORK CAPITAL FUNDING CORPORATION 11 6.51% $9,557
OCMBC, INC. 11 7.20% $13,340
CHERRY CREEK MORTGAGE, LLC 11 6.66% $3,412
Northeast Equitable Mortgage, LLC 11 6.68% $11,393
Residential Mortgage Solutions, Inc. 10 6.78% $11,295
BAYSHORE MORTGAGE FUNDING, LLC 10 7.01% $13,075
HOMESTEAD FUNDING CORP. 10 6.45% $7,889
Blue Ridge Bank 10 6.29% $6,636
TOTAL MORTGAGE SERVICES, LLC 10 6.59% $11,181
EVANSVILLE TEACHERS 10 6.35% $6,094
AmeriServ Financial Bank 10 5.85% $10,425
POLARIS HOME FUNDING CORP. 9 6.65% $14,848
DAS Acquisition Company, LLC 9 6.89% $10,571
Magnolia Bank 9 6.66% $12,537
BECKAM FUNDING CORP. 9 7.14% $17,970
FIDELITY DIRECT MORTGAGE, LLC 9 6.65% $13,081
East Coast Capital Corp. 8 6.75% $12,225
DIRECT MORTGAGE LOANS, LLC 8 6.92% $13,481
RAPID MORTGAGE COMPANY 8 6.64% $17,077
MDE Home Loans, LLC 8 6.86% $20,172
THRIVE MORTGAGE, LLC 8 6.88% $8,623
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 8 6.77% $11,599
Neighborhood Loans, Inc. 7 7.41% $12,789
ARC HOME LLC 7 6.91% $12,358
Fifth Third Bank 7 6.36% $8,191
Foote Capital Mortgage Company 7 6.36% $11,641
George Mason Mortgage, LLC 7 6.46% $12,812
LOANLEADERS OF AMERICA, INC. 7 6.00% $19,103
MID AMERICA MORTGAGE, INC. 7 7.30% $13,041
MYCUMORTGAGE, LLC 7 6.52% $6,334
Orrstown Bank 7 6.61% $8,644
PINNACLE MORTGAGE, INC. 7 6.11% $11,268
Presidential Bank, FSB 7 6.55% $13,399
RESIDENTIAL HOME FUNDING CORP. 7 6.96% $12,417
SUMMIT FUNDING, INC. 7 6.52% $17,983
The Ephrata National Bank 7 6.59% $6,780
THE MORTGAGE LINK, INC. 6 6.56% $10,911
NATIONS RELIABLE LENDING, LLC 6 6.88% $9,092
HOMEAMERICAN MORTGAGE CORPORATION 6 5.85% $9,033
ACADEMY MORTGAGE CORPORATION 6 6.75% $12,335
FIRST MORTGAGE COMPANY, INC. 6 6.44% $11,725
BETTER MORTGAGE CORPORATION 6 6.46% $11,191
Hometown Equity Mortgage, LLC 6 6.81% $12,643
CREDIT UNION MORTGAGE ASSOCIATION, INC. 6 6.73% $9,090
CLIFFCO, INC. 6 6.50% $13,669
NEW DAY FINANCIAL, LLC 5 7.79% $8,715
Semper Home Loans, Inc. 5 6.88% $18,004
GUARANTY HOME MORTGAGE CORPORATION 5 6.33% $10,488
First Heritage Mortgage, LLC 5 6.25% $13,885
HARTFORD FUNDING, LTD. 5 6.98% $13,701
Florida Capital Bank 5 7.18% $14,047
American Mortgage & Equity Consultants, Inc. 5 7.28% $13,018
Cornerstone First Mortgage, Inc 5 7.13% $11,043
BAY CAPITAL MORTGAGE CORPORATION 5 6.27% $13,533
1ST 2ND MORTGAGE COMPANY OF N.J., INC. 4 6.94% $9,871
First Option Mortgage, LLC 4 6.91% $11,200
MLD MORTGAGE INC. 4 6.25% $10,980
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 4 6.44% $23,891
Loan Simple, Inc. 4 6.75% $11,999
UNITED NORTHERN MORTGAGE BANKERS LIMITED 4 6.72% $15,990
TJC Mortgage, Inc. 4 6.44% $11,566
Colonial Savings, F.A. 4 6.63% $13,845
1ST FINANCIAL, INC. 4 6.31% $13,628
PREMIA MORTGAGE, LLC 4 6.45% $6,090
Franklin Loan Corporation 4 5.84% $17,823
FIRST COLONY MORTGAGE CORPORATION 4 7.16% $8,413
Willamette Valley Bank 3 6.08% $17,334
FEDERATED LENDING CORPORATION 3 5.92% $14,796
Atlantic Coast Mortgage, LLC 3 5.95% $15,819
OCEANSIDE MORTGAGE COMPANY 3 6.42% $6,673
NBT Bank 3 6.54% $7,883
First Federal Bank 3 6.25% $15,106
FM Home Loans, LLC 3 6.67% $12,938
MID-ISLAND MORTGAGE CORP. 3 6.04% $8,496
Network Funding, L.P. 3 6.71% $13,279
Shore United Bank 3 6.13% $11,460
CBM Mortgage, Inc. 3 6.21% $8,511
EQUITY NOW INC. 3 6.50% $8,662
BOND STREET MORTGAGE, LLC 3 6.16% $15,133
NEW FED MORTGAGE, CORP. 3 6.33% $14,349
A&D Mortgage LLC 3 5.83% $18,004
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 3 6.38% $5,207
Bethpage Federal Credit Union 2 6.88% $3,049
NexBank 2 7.19% $9,619
MORTGAGE EQUITY PARTNERS LLC 2 7.13% $9,093
MILLENNIUM FINANCIAL GROUP, INC. 2 6.50% $6,947
Mid-Continent Funding, Inc. 2 7.00% $14,498
ONY GLO, INC. 2 7.63% $12,648
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 2 6.94% $17,284
Republic Bank 2 6.19% $7,610
First Savings Bank 2 6.25% $17,754
First Federal Bank of the Midwest 2 5.25% $8,311
Servion, Inc. 2 7.06% $9,700
SOUTHERN TRUST MORTGAGE, LLC 2 6.88% $7,796
SOVEREIGN LENDING GROUP INCORPORATED 2 5.88% $11,597
Evolve Bank & Trust 2 7.13% $12,405
Commerce Home Mortgage, Inc. 2 7.06% $14,627
The Farmers National Bank of Canfield 2 6.31% $7,212
The Loan Store, Inc. 2 7.06% $12,582
The Union Bank Company 2 6.13% $14,719
Citibank 2 6.00% $5,996
Capital Bank 2 7.00% $7,226
BOKF 2 7.13% $10,888
VANDERBILT MORTGAGE AND FINANCE, INC. 2 5.88% $9,396
VAN DYK MORTGAGE CORPORATION 2 6.81% $12,422
AXIA FINANCIAL, LLC 2 7.31% $10,702
HARBORONE MORTGAGE, LLC 1 7.25% $14,764
CORNERSTONE HOME LENDING, INC. 1 6.75% $7,976
HomePromise Corporation 1 7.38% $7,822
COMMUNITYAMERICA 1 6.38% $14,647
NEXERA HOLDING LLC 1 5.88% $6,225
The Central Trust Bank 1 6.50% $10,551
HOMEXPRESS MORTGAGE CORP. 1 6.88% $11,640
Atlantic Union Bank 1 6.13% $18,551
INTERCOASTAL MORTGAGE COMPANY 1 7.25% $6,832
The Honesdale National Bank 1 6.50% $7,208
INTERSTATE HOME LOAN CENTER, INC. 1 6.25% $9,468
MCLEAN MORTGAGE CORPORATION 1 6.13% $15,052
Peoples Bank 1 7.25% $7,046
OAKTREE FUNDING CORP. 1 5.88% $17,485
CityWorth Mortgage LLC 1 6.13% $21,717
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.63% $14,479
LADERA LENDING, INC. 1 5.63% $18,930
NP, Inc. 1 7.13% $20,021
CITADEL FEDERAL CREDIT UNION 1 7.63% $6,055
Leader Bank 1 7.63% $14,588
CASTLE & COOKE MORTGAGE, LLC 1 5.50% $16,494
Town Square Mortgage & Investments, Inc. 1 6.63% $3,282
NOVA FINANCIAL & INVESTMENT CORPORATION 1 7.38% $19,664
CALCON MUTUAL MORTGAGE LLC 1 6.25% $15,665
Byline Bank 1 5.88% $9,385
United Bank 1 6.75% $6,482
United Fidelity Funding Corp. 1 7.25% $18,837
LEADERONE FINANCIAL CORPORATION 1 6.25% $6,508
LEGEND LENDING CORPORATION 1 6.75% $15,657
NBH Bank 1 6.12% $2,628
Paramount Bank 1 5.75% $10,944
LENDING 3, INC. 1 8.25% $16,477
Sandy Spring Bank 1 6.49% $10,231
Wyndham Capital Mortgage, Inc. 1 5.63% $20,173
MILLENIUM HOME MORTGAGE, LLC 1 5.88% $8,454
FLAT BRANCH MORTGAGE, INC. 1 6.75% $5,761
Quontic Bank 1 7.25% $12,222
Simmons Bank 1 5.88% $16,017
North American Savings Bank, F.S.B. 1 6.63% $5,907
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 5.63% $8,659
BAY-VALLEY MORTGAGE GROUP 1 6.75% $8,018
Goldwater Bank, N.A. 1 5.75% $20,903
ON Q FINANCIAL, INC. 1 7.00% $11,995
Strong Home Mortgage, LLC 1 5.75% $12,291
GREENWAY MORTGAGE FUNDING CORP. 1 6.88% $20,063
1ST SIGNATURE LENDING, LLC 1 6.25% $9,927

The top Pennsylvania FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 3,053 FHA loans originated. Their average total fees are $10,170, which is $2,034 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Pennsylvania FHA lenders (with over 10 loans originated) are CHERRY CREEK MORTGAGE, LLC ($3,412), WELCOME HOME FINANCE, L.P. ($5,284), SWBC MORTGAGE CORPORATION ($6,020), EVANSVILLE TEACHERS ($6,094) and WesBanco ($6,168).

The lowest rate Pennsylvania FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.65%), PENTAGON FEDERAL CREDIT UNION (5.70%), PATRIOT (5.74%), NVR Mortgage Finance, Inc. (5.84%) and LOANPAL, LLC (5.84%).

Pennsylvania FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
GETTYSBURG, PA ADAMS 2022 $420,680 $538,650 $651,050 $809,150
PITTSBURGH, PA ALLEGHENY 2022 $420,680 $538,650 $651,050 $809,150
PITTSBURGH, PA ARMSTRONG 2022 $420,680 $538,650 $651,050 $809,150
PITTSBURGH, PA BEAVER 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO BEDFORD 2022 $420,680 $538,650 $651,050 $809,150
READING, PA BERKS 2022 $420,680 $538,650 $651,050 $809,150
ALTOONA, PA BLAIR 2022 $420,680 $538,650 $651,050 $809,150
SAYRE, PA BRADFORD 2022 $420,680 $538,650 $651,050 $809,150
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD BUCKS 2022 $477,250 $610,950 $738,500 $917,800
PITTSBURGH, PA BUTLER 2022 $420,680 $538,650 $651,050 $809,150
JOHNSTOWN, PA CAMBRIA 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO CAMERON 2022 $420,680 $538,650 $651,050 $809,150
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ CARBON 2022 $420,680 $538,650 $651,050 $809,150
STATE COLLEGE, PA CENTRE 2022 $420,680 $538,650 $651,050 $809,150
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD CHESTER 2022 $477,250 $610,950 $738,500 $917,800
NON-METRO CLARION 2022 $420,680 $538,650 $651,050 $809,150
DUBOIS, PA CLEARFIELD 2022 $420,680 $538,650 $651,050 $809,150
LOCK HAVEN, PA CLINTON 2022 $420,680 $538,650 $651,050 $809,150
BLOOMSBURG-BERWICK, PA COLUMBIA 2022 $420,680 $538,650 $651,050 $809,150
MEADVILLE, PA CRAWFORD 2022 $420,680 $538,650 $651,050 $809,150
HARRISBURG-CARLISLE, PA CUMBERLAND 2022 $420,680 $538,650 $651,050 $809,150
HARRISBURG-CARLISLE, PA DAUPHIN 2022 $420,680 $538,650 $651,050 $809,150
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD DELAWARE 2022 $477,250 $610,950 $738,500 $917,800
ST. MARYS, PA ELK 2022 $420,680 $538,650 $651,050 $809,150
ERIE, PA ERIE 2022 $420,680 $538,650 $651,050 $809,150
PITTSBURGH, PA FAYETTE 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO FOREST 2022 $420,680 $538,650 $651,050 $809,150
CHAMBERSBURG-WAYNESBORO, PA FRANKLIN 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO FULTON 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO GREENE 2022 $420,680 $538,650 $651,050 $809,150
HUNTINGDON, PA HUNTINGDON 2022 $420,680 $538,650 $651,050 $809,150
INDIANA, PA INDIANA 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO JEFFERSON 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO JUNIATA 2022 $420,680 $538,650 $651,050 $809,150
SCRANTON--WILKES-BARRE, PA LACKAWANNA 2022 $420,680 $538,650 $651,050 $809,150
LANCASTER, PA LANCASTER 2022 $420,680 $538,650 $651,050 $809,150
NEW CASTLE, PA LAWRENCE 2022 $420,680 $538,650 $651,050 $809,150
LEBANON, PA LEBANON 2022 $420,680 $538,650 $651,050 $809,150
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ LEHIGH 2022 $420,680 $538,650 $651,050 $809,150
SCRANTON--WILKES-BARRE, PA LUZERNE 2022 $420,680 $538,650 $651,050 $809,150
WILLIAMSPORT, PA LYCOMING 2022 $420,680 $538,650 $651,050 $809,150
BRADFORD, PA MCKEAN 2022 $420,680 $538,650 $651,050 $809,150
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA MERCER 2022 $420,680 $538,650 $651,050 $809,150
LEWISTOWN, PA MIFFLIN 2022 $420,680 $538,650 $651,050 $809,150
EAST STROUDSBURG, PA MONROE 2022 $420,680 $538,650 $651,050 $809,150
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD MONTGOMERY 2022 $477,250 $610,950 $738,500 $917,800
BLOOMSBURG-BERWICK, PA MONTOUR 2022 $420,680 $538,650 $651,050 $809,150
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ NORTHAMPTON 2022 $420,680 $538,650 $651,050 $809,150
SUNBURY, PA NORTHUMBERLAND 2022 $420,680 $538,650 $651,050 $809,150
HARRISBURG-CARLISLE, PA PERRY 2022 $420,680 $538,650 $651,050 $809,150
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD PHILADELPHIA 2022 $477,250 $610,950 $738,500 $917,800
NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA PIKE 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
NON-METRO POTTER 2022 $420,680 $538,650 $651,050 $809,150
POTTSVILLE, PA SCHUYLKILL 2022 $420,680 $538,650 $651,050 $809,150
SELINSGROVE, PA SNYDER 2022 $420,680 $538,650 $651,050 $809,150
SOMERSET, PA SOMERSET 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO SULLIVAN 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO SUSQUEHANNA 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO TIOGA 2022 $420,680 $538,650 $651,050 $809,150
LEWISBURG, PA UNION 2022 $420,680 $538,650 $651,050 $809,150
OIL CITY, PA VENANGO 2022 $420,680 $538,650 $651,050 $809,150
WARREN, PA WARREN 2022 $420,680 $538,650 $651,050 $809,150
PITTSBURGH, PA WASHINGTON 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO WAYNE 2022 $420,680 $538,650 $651,050 $809,150
PITTSBURGH, PA WESTMORELAND 2022 $420,680 $538,650 $651,050 $809,150
SCRANTON--WILKES-BARRE, PA WYOMING 2022 $420,680 $538,650 $651,050 $809,150
YORK-HANOVER, PA YORK 2022 $420,680 $538,650 $651,050 $809,150
GETTYSBURG, PA ADAMS 2023 $472,030 $604,400 $730,525 $907,900
PITTSBURGH, PA ALLEGHENY 2023 $472,030 $604,400 $730,525 $907,900
PITTSBURGH, PA ARMSTRONG 2023 $472,030 $604,400 $730,525 $907,900
PITTSBURGH, PA BEAVER 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO BEDFORD 2023 $472,030 $604,400 $730,525 $907,900
READING, PA BERKS 2023 $472,030 $604,400 $730,525 $907,900
ALTOONA, PA BLAIR 2023 $472,030 $604,400 $730,525 $907,900
SAYRE, PA BRADFORD 2023 $472,030 $604,400 $730,525 $907,900
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD BUCKS 2023 $529,000 $677,200 $818,600 $1,017,300
PITTSBURGH, PA BUTLER 2023 $472,030 $604,400 $730,525 $907,900
JOHNSTOWN, PA CAMBRIA 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO CAMERON 2023 $472,030 $604,400 $730,525 $907,900
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ CARBON 2023 $472,030 $604,400 $730,525 $907,900
STATE COLLEGE, PA CENTRE 2023 $472,030 $604,400 $730,525 $907,900
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD CHESTER 2023 $529,000 $677,200 $818,600 $1,017,300
NON-METRO CLARION 2023 $472,030 $604,400 $730,525 $907,900
DUBOIS, PA CLEARFIELD 2023 $472,030 $604,400 $730,525 $907,900
LOCK HAVEN, PA CLINTON 2023 $472,030 $604,400 $730,525 $907,900
BLOOMSBURG-BERWICK, PA COLUMBIA 2023 $472,030 $604,400 $730,525 $907,900
MEADVILLE, PA CRAWFORD 2023 $472,030 $604,400 $730,525 $907,900
HARRISBURG-CARLISLE, PA CUMBERLAND 2023 $472,030 $604,400 $730,525 $907,900
HARRISBURG-CARLISLE, PA DAUPHIN 2023 $472,030 $604,400 $730,525 $907,900
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD DELAWARE 2023 $529,000 $677,200 $818,600 $1,017,300
ST. MARYS, PA ELK 2023 $472,030 $604,400 $730,525 $907,900
ERIE, PA ERIE 2023 $472,030 $604,400 $730,525 $907,900
PITTSBURGH, PA FAYETTE 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO FOREST 2023 $472,030 $604,400 $730,525 $907,900
CHAMBERSBURG-WAYNESBORO, PA FRANKLIN 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO FULTON 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO GREENE 2023 $472,030 $604,400 $730,525 $907,900
HUNTINGDON, PA HUNTINGDON 2023 $472,030 $604,400 $730,525 $907,900
INDIANA, PA INDIANA 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO JEFFERSON 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO JUNIATA 2023 $472,030 $604,400 $730,525 $907,900
SCRANTON--WILKES-BARRE, PA LACKAWANNA 2023 $472,030 $604,400 $730,525 $907,900
LANCASTER, PA LANCASTER 2023 $472,030 $604,400 $730,525 $907,900
NEW CASTLE, PA LAWRENCE 2023 $472,030 $604,400 $730,525 $907,900
LEBANON, PA LEBANON 2023 $472,030 $604,400 $730,525 $907,900
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ LEHIGH 2023 $472,030 $604,400 $730,525 $907,900
SCRANTON--WILKES-BARRE, PA LUZERNE 2023 $472,030 $604,400 $730,525 $907,900
WILLIAMSPORT, PA LYCOMING 2023 $472,030 $604,400 $730,525 $907,900
BRADFORD, PA MCKEAN 2023 $472,030 $604,400 $730,525 $907,900
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA MERCER 2023 $472,030 $604,400 $730,525 $907,900
LEWISTOWN, PA MIFFLIN 2023 $472,030 $604,400 $730,525 $907,900
EAST STROUDSBURG, PA MONROE 2023 $472,030 $604,400 $730,525 $907,900
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD MONTGOMERY 2023 $529,000 $677,200 $818,600 $1,017,300
BLOOMSBURG-BERWICK, PA MONTOUR 2023 $472,030 $604,400 $730,525 $907,900
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ NORTHAMPTON 2023 $472,030 $604,400 $730,525 $907,900
SUNBURY, PA NORTHUMBERLAND 2023 $472,030 $604,400 $730,525 $907,900
HARRISBURG-CARLISLE, PA PERRY 2023 $472,030 $604,400 $730,525 $907,900
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD PHILADELPHIA 2023 $529,000 $677,200 $818,600 $1,017,300
NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA PIKE 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
NON-METRO POTTER 2023 $472,030 $604,400 $730,525 $907,900
POTTSVILLE, PA SCHUYLKILL 2023 $472,030 $604,400 $730,525 $907,900
SELINSGROVE, PA SNYDER 2023 $472,030 $604,400 $730,525 $907,900
SOMERSET, PA SOMERSET 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO SULLIVAN 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO SUSQUEHANNA 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO TIOGA 2023 $472,030 $604,400 $730,525 $907,900
LEWISBURG, PA UNION 2023 $472,030 $604,400 $730,525 $907,900
OIL CITY, PA VENANGO 2023 $472,030 $604,400 $730,525 $907,900
WARREN, PA WARREN 2023 $472,030 $604,400 $730,525 $907,900
PITTSBURGH, PA WASHINGTON 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO WAYNE 2023 $472,030 $604,400 $730,525 $907,900
PITTSBURGH, PA WESTMORELAND 2023 $472,030 $604,400 $730,525 $907,900
SCRANTON--WILKES-BARRE, PA WYOMING 2023 $472,030 $604,400 $730,525 $907,900
YORK-HANOVER, PA YORK 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).