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 -0.49% for the week of 2023-11-24, compared to the national average (all FHA variants) of 0% for the same period.

Pennsylvania's average FHA mortgage closing costs are $7,489.

The average rate for the prior week (2023-11-17) was 6.8% and one month ago for the week of 2023-10-20, the average rate was 7.01%.

The average rate one year ago was 6.03%.

For refis of the same type during the week of 2023-11-24, the average rate was -1.71%.

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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 3,598 4.60% $9,024
CROSSCOUNTRY MORTGAGE, LLC 1,497 5.16% $10,918
UNITED WHOLESALE MORTGAGE, LLC 1,046 4.95% $10,295
LOANDEPOT.COM, LLC 758 4.88% $10,124
Citizens Bank 729 4.44% $8,506
MOVEMENT MORTGAGE, LLC 696 5.05% $9,534
PENNYMAC LOAN SERVICES, LLC 545 4.21% $8,973
GUILD MORTGAGE COMPANY 532 5.19% $9,764
CALIBER HOME LOANS, INC. 509 4.72% $9,541
Mr. Cooper ( Nationstar Mortgage ) 437 4.59% $11,965
FREEDOM MORTGAGE CORPORATION 407 5.07% $9,978
BROKER SOLUTIONS, INC. 368 5.20% $10,453
ALLIED MORTGAGE GROUP, INC. 366 4.83% $10,624
Flagstar Bank, FSB 326 4.57% $7,398
AMERISAVE MORTGAGE CORPORATION 324 4.62% $11,048
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 312 5.11% $11,697
GUARANTEED RATE, INC. 310 4.85% $10,038
Prosperity Home Mortgage, LLC 308 5.15% $10,149
Mortgage America, Inc. 302 5.15% $7,865
CARDINAL FINANCIAL 291 4.69% $9,906
EMM LOANS LLC 285 4.97% $10,463
UNION HOME MORTGAGE CORP. 281 5.07% $9,491
Carrington Mortgage Services, LLC 273 5.19% $10,707
HOWARD HANNA FINANCIAL SERVICES, INC. 273 5.06% $6,957
Century Mortgage Company DBA Century Lending Company 264 4.86% $9,088
PRIMELENDING, A PLAINSCAPITAL COMPANY 257 5.29% $8,221
LAKEVIEW LOAN SERVICING, LLC 243 4.14% $7,500
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 237 5.23% $9,187
PLAZA HOME MORTGAGE, INC. 234 5.00% $9,427
FINANCE OF AMERICA MORTGAGE LLC 232 4.84% $10,802
NEWREZ LLC 217 4.66% $9,266
HOME POINT FINANCIAL CORPORATION 212 4.30% $10,866
EQUITY RESOURCES, INC. 211 4.89% $7,590
M&T Bank 191 4.54% $7,280
NFM, INC. 189 5.04% $10,507
HOMEBRIDGE FINANCIAL SERVICES, INC. 186 4.99% $10,536
Equity Prime Mortgage LLC 180 5.32% $10,408
Northpointe Bank 180 4.95% $9,406
JLB CORPORATION 176 4.73% $8,536
ABSOLUTE HOME MORTGAGE CORPORATION 174 5.14% $12,017
PNC Bank 171 4.78% $6,307
SUCCESS MORTGAGE PARTNERS, INC. 166 5.13% $11,165
Huntingdon Valley Bank 150 4.97% $9,217
Paramount Residential Mortgage Group, Inc. 149 5.31% $11,257
Fulton Bank 147 4.83% $7,933
Victorian Finance, LLC 146 4.68% $8,718
WEST PENN FINANCIAL SERVICE CENTER, INC. 143 5.06% $6,962
Hometown Lenders, Inc. 143 5.14% $9,471
GUARANTEED RATE AFFINITY, LLC 140 4.97% $9,116
Meridian Bank Corporation 139 5.13% $9,337
MCLEAN MORTGAGE CORPORATION 137 4.68% $9,458
Univest Bank and Trust Co. 135 4.78% $8,695
Acre Mortgage and Financial Inc 132 5.34% $12,590
The Huntington National Bank 124 4.83% $8,162
FIRST HERITAGE FINANCIAL, LLC 118 5.00% $8,066
Mortgage Research Center, LLC 117 5.49% $6,174
GREENTREE MORTGAGE COMPANY, L.P. 116 4.71% $9,558
RELIANCE FIRST CAPITAL, LLC 114 4.85% $10,841
TIDEWATER MORTGAGE SERVICES, INC. 114 5.20% $9,170
ARK-LA-TEX FINANCIAL SERVICES, LLC. 114 5.01% $7,806
STOCKTON MORTGAGE CORPORATION 113 5.17% $9,284
FIRST ALLIANCE HOME MORTGAGE, LLC 111 5.32% $10,694
Nations Lending Corporation 108 5.26% $9,516
TOP FLITE FINANCIAL, INC. 105 5.38% $14,849
ROUNDPOINT MORTGAGE SERVICING CORPORATION 98 4.61% $7,891
CMG MORTGAGE, INC. 96 5.35% $11,852
EVERETT FINANCIAL, INC. 96 5.10% $6,797
Summit Mortgage Corporation 95 5.27% $9,975
York Traditions Bank 94 4.94% $9,099
VILLAGE CAPITAL MORTGAGE 87 3.72% $5,865
NVR Mortgage Finance, Inc. 87 4.47% $15,709
UNITED MORTGAGE CORP 85 5.22% $10,809
AMERICAN FINANCING CORPORATION 84 4.59% $9,656
PRIMARY RESIDENTIAL MORTGAGE, INC. 84 5.53% $12,369
HOMESIDE FINANCIAL, LLC 83 4.77% $9,450
Bank of America 83 4.01% $6,377
MUTUAL OF OMAHA MORTGAGE, INC. 82 4.94% $11,749
Quaint Oak Mortgage, LLC 81 5.10% $10,287
NATION ONE MORTGAGE CORPORATION 79 5.00% $12,558
NATIONWIDE MORTGAGE BANKERS, INC. 77 5.20% $11,432
SWBC MORTGAGE CORPORATION 76 5.14% $5,844
Princeton Mortgage Corporation 76 4.75% $9,688
HOMESPIRE MORTGAGE CORPORATION 75 4.91% $10,025
DEVELOPER'S MORTGAGE COMPANY 73 4.96% $6,515
Customers Bank 72 4.67% $7,172
EMBRACE HOME LOANS, INC. 68 4.88% $10,557
Lakeview Community Capital, LLC 66 4.36% $7,394
PLANET HOME LENDING, LLC 65 4.34% $8,490
Waterstone Mortgage Corporation 64 5.31% $8,726
T2 FINANCIAL LLC 64 5.26% $11,034
NORWICH COMMERCIAL GROUP, INC. 63 5.38% $8,489
Sierra Pacific Mortgage Company, Inc. 62 4.84% $9,782
First Commonwealth Bank 62 4.82% $7,251
Alcova Mortgage LLC 62 5.06% $6,362
DHI MORTGAGE COMPANY, LTD. 57 4.04% $10,589
Mortgage Network, Inc. 56 5.42% $9,430
Union Savings Bank 56 4.79% $6,591
MEMBERS 1ST FEDERAL CREDIT UNION 54 4.39% $8,198
Wells Fargo Bank 53 4.84% $6,574
CONTOUR MORTGAGE CORPORATION 51 5.29% $12,695
LENDING CAPITAL GROUP Inc 51 5.01% $13,923
JPMorgan Chase Bank 51 5.06% $5,864
ENVOY MORTGAGE, LTD 50 5.07% $12,905
First National Bank of Pennsylvania 50 5.07% $7,321
WELCOME HOME FINANCE, L.P. 49 5.34% $5,613
Homesale Mortgage, LLC 48 5.07% $7,950
Plains Commerce Bank 48 5.48% $9,915
Philadelphia Mortgage Advisors, Inc. 47 4.66% $8,213
Integrity Home Mortgage Corp 44 4.78% $12,007
Bank of England 44 5.18% $9,251
FEDERATED MORTGAGE CORP. 42 4.90% $8,133
U.S. Bank 41 4.60% $7,413
Mid Penn Bank 39 5.07% $10,316
MORTGAGE ACCESS CORP. 39 4.93% $11,078
SUN WEST MORTGAGE COMPANY, INC. 38 5.58% $10,798
TOWNE MORTGAGE COMPANY 37 4.59% $9,446
AmeriHome Mortgage Company, LLC 37 4.72% $9,384
Dollar Bank, Federal Savings Bank 36 4.53% $6,653
ZILLOW HOME LOANS, LLC 36 5.29% $9,794
Gateway First Bank 36 5.28% $6,577
CHERRY CREEK MORTGAGE, LLC 36 5.02% $3,298
ARC HOME LLC 35 4.60% $9,375
First Guaranty Mortgage Corporation 35 3.97% $8,835
Advisors Mortgage Group, L.L.C. 34 5.22% $11,344
AMERICAN HERITAGE FCU 34 5.05% $8,111
GENEVA FINANCIAL, LLC 32 5.86% $11,212
LIBERTY HOME MORTGAGE CORPORATION 32 5.37% $9,151
Wilmington Savings Fund Society, FSB 30 5.37% $7,997
DRAPER AND KRAMER MORTGAGE CORP. 30 5.02% $9,785
US MORTGAGE CORPORATION 29 4.74% $12,724
MILEND, INC. 27 5.41% $16,574
CHURCHILL MORTGAGE CORPORATION 27 5.32% $10,241
Towne Bank 26 4.60% $8,974
ROYAL UNITED MORTGAGE LLC 26 5.09% $8,956
MEMBER FIRST MORTGAGE, LLC 25 5.10% $8,056
AmRes Corporation 25 4.49% $12,792
RESIDENTIAL HOME FUNDING CORP. 24 5.35% $10,222
FIRST HOME MORTGAGE CORPORATION 24 5.39% $13,316
The Federal Savings Bank 24 4.77% $15,946
AMERICAN PACIFIC MORTGAGE CORPORATION 23 5.28% $12,250
Northwest Bank 23 4.87% $10,145
Center City Mortgage and Investments LLC 23 5.76% $9,411
PANORAMA MORTGAGE GROUP, LLC 23 5.28% $10,816
RESIDENTIAL HOME MORTGAGE CORPORATION 22 5.24% $11,748
SOUTHPOINT FINANCIAL SERVICES, INC. 21 5.27% $6,638
GUARANTY HOME MORTGAGE CORPORATION 21 4.70% $11,049
MICHIGAN MUTUAL, INC. 21 4.77% $10,388
Sail Mortgage Corp. 21 5.31% $6,879
American Financial Mortgage Corporation 20 5.39% $9,496
Barrington Bank & Trust Company, N.A. 20 4.87% $8,512
BAYSHORE MORTGAGE FUNDING, LLC 19 4.93% $10,965
AMERICAN FINANCIAL RESOURCES, INC. 19 4.91% $8,484
Firstrust Savings Bank 19 4.98% $8,283
NETWORK CAPITAL FUNDING CORPORATION 19 4.99% $11,542
OCMBC, INC. 19 5.72% $12,708
MLB RESIDENTIAL LENDING, LLC 18 5.34% $13,217
PHH Mortgage Corporation 18 4.81% $10,006
WesBanco 18 5.01% $6,904
APEX HOME LOANS, INC. 17 4.36% $15,376
MYCUMORTGAGE, LLC 17 4.93% $6,030
EAGLE HOME MORTGAGE, LLC 17 5.21% $13,129
MORTGAGE SOLUTIONS OF COLORADO, LLC 17 4.79% $12,026
MORIA DEVELOPMENT, INC. 17 5.01% $10,365
GSF Mortgage Corporation 16 5.93% $10,761
LOANPAL, LLC 16 4.42% $11,012
TOTAL MORTGAGE SERVICES, LLC 16 5.40% $11,379
Flanagan State Bank 16 4.89% $8,342
BETTER MORTGAGE CORPORATION 16 4.10% $9,062
SOUTHERN TRUST MORTGAGE, LLC 16 4.05% $14,115
NATIONS DIRECT MORTGAGE, LLC 15 5.16% $10,833
BECKAM FUNDING CORP. 15 6.05% $19,296
1ST PREFERENCE MORTGAGE CORP. 15 5.27% $9,850
KeyBank 14 4.54% $8,718
Orrstown Bank 14 4.83% $7,889
First Option Mortgage, LLC 14 5.13% $10,861
UNITED NORTHERN MORTGAGE BANKERS LIMITED 13 5.57% $12,097
NP, Inc. 13 4.62% $9,699
Wyndham Capital Mortgage, Inc. 13 4.60% $10,149
BAY CAPITAL MORTGAGE CORPORATION 13 4.42% $9,684
Truist 13 5.09% $10,140
TD Bank 12 4.83% $6,018
The Ephrata National Bank 12 5.16% $7,627
PENTAGON FEDERAL CREDIT UNION 12 5.15% $8,294
Blue Ridge Bank 11 4.98% $9,799
George Mason Mortgage, LLC 11 4.56% $10,432
HOMESTEAD FUNDING CORP. 11 5.08% $7,988
Farmers and Merchants Trust Company of Chambersburg 11 4.56% $6,992
Peoples Bank 10 5.49% $10,816
LOANLEADERS OF AMERICA, INC. 10 4.86% $15,229
DIRECT MORTGAGE LOANS, LLC 10 4.84% $11,030
Semper Home Loans, Inc. 10 4.83% $8,316
LADERA LENDING, INC. 10 5.01% $12,944
NJ LENDERS CORP. 10 4.43% $10,051
NEW DAY FINANCIAL, LLC 10 5.34% $5,231
BAY EQUITY LLC 10 5.76% $9,795
MILLENNIUM FINANCIAL GROUP, INC. 10 4.50% $7,600
Colonial Savings, F.A. 10 4.94% $10,665
East Coast Capital Corp. 10 5.38% $14,050
Presidential Bank, FSB 9 4.83% $12,545
PATRIOT 9 4.33% $8,025
AMCAP MORTGAGE, LTD. 9 5.42% $10,996
EVANSVILLE TEACHERS 9 4.89% $6,777
Santander Bank, N.A. 9 2.81% $8,142
Magnolia Bank 9 5.23% $11,355
Hometown Equity Mortgage, LLC 8 5.42% $11,992
LAND HOME FINANCIAL SERVICES, INC. 8 5.81% $13,979
Foote Capital Mortgage Company 8 5.06% $9,456
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 8 5.89% $15,709
Northeast Equitable Mortgage, LLC 8 5.50% $12,142
PIKE CREEK MORTGAGE SERVICES, INC. 8 4.92% $9,500
RAPID MORTGAGE COMPANY 8 5.11% $13,387
RUOFF MORTGAGE COMPANY, INC. 8 4.75% $7,229
ASSOCIATED MORTGAGE BANKERS, INC. 8 4.59% $8,916
ACADEMY MORTGAGE CORPORATION 8 5.28% $8,943
POLARIS HOME FUNDING CORP. 7 5.21% $11,897
1ST 2ND MORTGAGE COMPANY OF N.J., INC. 7 4.93% $9,363
SOVEREIGN LENDING GROUP INCORPORATED 7 4.09% $13,067
RESIDENTIAL BANCORP 7 4.18% $9,450
OCEANSIDE MORTGAGE COMPANY 7 4.86% $4,406
First Federal Bank 7 4.79% $10,903
Strong Home Mortgage, LLC 7 4.16% $8,150
BELCO COMMUNITY CREDIT UNION 7 5.88% $9,839
MLD MORTGAGE INC. 7 4.54% $8,178
MDE Home Loans, LLC 6 5.08% $17,642
LEADERONE FINANCIAL CORPORATION 6 5.12% $12,140
STEARNS LENDING, LLC 6 2.96% $7,010
NATIONS RELIABLE LENDING, LLC 6 5.67% $8,482
First Savings Bank 6 4.38% $12,649
North American Savings Bank, F.S.B. 6 5.27% $8,489
FEDERATED LENDING CORPORATION 6 5.31% $10,686
OAKTREE FUNDING CORP. 6 5.46% $17,122
AFFORDABLE MORTGAGE ADVISORS, LLC. 6 5.04% $5,226
DAS Acquisition Company, LLC 6 6.14% $10,140
Ameris Bank 5 5.35% $9,032
Austin Capital Bank SSB 5 5.03% $8,958
Paramount Bank 5 4.93% $10,571
First Home Bank 5 4.87% $14,168
Texana Bank 5 4.28% $9,387
Sandy Spring Bank 5 5.17% $9,710
Fifth Third Bank 5 4.60% $9,338
First Internet Bank of Indiana 5 4.60% $6,641
THRIVE MORTGAGE, LLC 5 5.25% $9,506
CBM Mortgage, Inc. 5 4.90% $7,708
NBKC BANK 5 4.40% $8,166
KELLER MORTGAGE, LLC 5 4.75% $9,661
Republic Bank 4 4.84% $8,478
BEST CAPITAL FUNDING 4 3.50% $11,690
GREENWAY MORTGAGE FUNDING CORP. 4 3.72% $10,876
Florida Capital Bank 4 5.47% $12,652
FIDELITY DIRECT MORTGAGE, LLC 4 5.53% $14,106
Atlantic Union Bank 4 4.91% $9,677
NEXERA HOLDING LLC 4 5.03% $9,954
Evolve Bank & Trust 4 5.16% $12,499
INLAND BANK & TRUST 4 5.34% $12,864
HORIZON Federal Credit Union 4 3.94% $7,442
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 4.88% $9,015
PARAGON HOME LOANS INC. 4 5.13% $9,379
MID-ISLAND MORTGAGE CORP. 3 4.04% $10,102
CityWorth Mortgage LLC 3 4.83% $10,319
PREMIA MORTGAGE, LLC 3 4.41% $7,134
AMERICAN FEDERAL MORTGAGE CORPORATION 3 4.46% $8,720
MID AMERICA MORTGAGE, INC. 3 5.92% $11,376
CREDIT UNION MORTGAGE ASSOCIATION, INC. 3 4.33% $7,381
TJC Mortgage, Inc. 3 4.88% $9,806
THE MORTGAGE LINK, INC. 3 5.25% $9,784
Bethpage Federal Credit Union 3 4.96% $3,202
FAY SERVICING, LLC 3 4.96% $12,271
Capital Bank 3 3.83% $7,925
Residential Mortgage Solutions, Inc. 3 5.25% $11,909
BNC National Bank 3 5.92% $9,471
Network Funding, L.P. 3 5.13% $12,354
Lakeland Bank 3 4.38% $8,500
FLAT BRANCH MORTGAGE, INC. 3 3.92% $12,412
Kwik Mortgage Corporation 3 4.33% $7,764
CLIFFCO, INC. 3 5.13% $11,755
LEGEND LENDING CORPORATION 2 5.31% $9,097
ANGEL OAK HOME LOANS LLC 2 4.19% $8,989
MILLENIUM HOME MORTGAGE, LLC 2 5.69% $12,331
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 2 3.94% $4,203
Assurance Financial Group, L.L.C. 2 5.62% $11,698
BOND STREET MORTGAGE, LLC 2 6.25% $9,554
SECURITYNATIONAL MORTGAGE COMPANY 2 4.44% $11,600
ROSS MORTGAGE CORPORATION 2 5.63% $6,228
1st Colonial Community Bank 2 7.38% $22,886
Elmira Savings Bank 2 3.88% $5,184
HARTFORD FUNDING, LTD. 2 4.25% $13,679
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 5.43% $12,820
HOMEAMERICAN MORTGAGE CORPORATION 2 4.63% $8,848
GENNEXT FUNDING, LLC 2 6.44% $11,524
1ST SIGNATURE LENDING, LLC 2 5.13% $12,783
Shore United Bank 2 6.19% $10,135
First Heritage Mortgage, LLC 2 4.44% $9,171
Willamette Valley Bank 2 4.44% $10,794
First Federal Bank of the Midwest 2 5.94% $8,503
The Farmers National Bank of Canfield 2 4.50% $7,100
Mutual Federal Bank 2 6.75% $11,302
FIRST COMMUNITY MORTGAGE, INC. 1 4.63% $7,233
NASA Federal Credit Union 1 4.88% $8,957
Fidelity Bank 1 3.25% $6,252
NBT Bank 1 3.25% $4,530
1ST FINANCIAL, INC. 1 6.13% $12,345
NEW FED MORTGAGE, CORP. 1 6.00% $17,606
Midwest Community Bank 1 3.63% $9,836
First State Bank 1 5.63% $5,346
West Town Bank & Trust 1 5.00% $9,612
EQUITY NOW INC. 1 6.13% $14,376
FIRST STATE MORTGAGE SERVICES, LLC 1 5.13% $9,801
MEMBER ADVANTAGE MORTGAGE, LLC 1 7.13% $9,195
FM Home Loans, LLC 1 6.50% $11,640
Loan Simple, Inc. 1 6.13% $7,420
Franklin Loan Corporation 1 6.13% $18,048
DELMAR FINANCIAL COMPANY 1 2.88% $7,621
DATA MORTGAGE, INC. 1 6.25% $6,776
Credence Funding Corporation 1 4.38% $9,164
PREMIER MORTGAGE RESOURCES, L.L.C. 1 5.25% $9,097
Premium Mortgage Corporation 1 5.63% $5,111
LENOX FINANCIAL MORTGAGE CORPORATION 1 5.13% $11,725
Cornerstone First Mortgage, Inc 1 4.99% $8,376
Prime Choice Funding Inc. 1 4.00% $4,285
CLEARPATH LENDING 1 2.99% $6,674
Quik Fund, Inc 1 6.63% $9,688
RADIUS FINANCIAL GROUP INC. 1 4.75% $15,455
CASTLE & COOKE MORTGAGE, LLC 1 6.25% $9,479
Republic Bank & Trust Company 1 5.25% $8,156
BOKF 1 4.63% $6,152
S1L, Inc. 1 5.25% $16,208
Servion, Inc. 1 4.88% $8,186
Shamrock Home Loans, Inc. 1 3.25% $9,500
Sunflower Bank 1 5.75% $10,249
BAYCOAST MORTGAGE COMPANY, LLC 1 2.50% $9,766
JET DIRECT FUNDING CORP 1 5.13% $25,051
The Central Trust Bank 1 4.50% $7,400
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 1 5.88% $13,450
JAMES B. NUTTER & COMPANY 1 3.25% $3,955
BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 3.25% $5,476
THE MORTGAGE FIRM, INC. 1 3.38% $7,094
The Union Bank Company 1 4.75% $18,498
Ixonia Bank 1 5.63% $9,313
Atlantic Coast Mortgage, LLC 1 4.00% $10,162
Towne First Mortgage, LLC 1 5.50% $5,996
Town Square Mortgage & Investments, Inc. 1 5.63% $4,037
TruHome Solutions, LLC 1 3.88% $6,524
INTERCAP LENDING INC. 1 6.63% $6,135
TRUMARK FINANCIAL CREDIT UNION 1 7.25% $4,782
HOMESTAR FINANCIAL CORPORATION 1 5.75% $2,994
United Bank 1 3.75% $5,678
United Fidelity Funding Corp. 1 7.25% $8,730
Arvest Bank 1 6.25% $10,978
HAMILTON HOME LOANS, INC. 1 4.88% $9,549
Unity Bank 1 7.13% $9,403
American Mortgage & Equity Consultants, Inc. 1 6.25% $10,179
VANDERBILT MORTGAGE AND FINANCE, INC. 1 4.63% $7,011
VAN DYK MORTGAGE CORPORATION 1 3.25% $8,552
AMERICAN ADVISORS GROUP 1 3.00% $8,120
Watermark Capital, Inc. 1 5.25% $6,222
HANCOCK MORTGAGE PARTNERS, LLC 1 5.25% $17,790
HUDSON VALLEY CREDIT UNION 1 3.63% $7,080

The top Pennsylvania FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 3,598 FHA loans originated. Their average total fees are $9,024, which is $1,894 lower than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

The lowest fee Pennsylvania FHA lenders (with over 10 loans originated) are CHERRY CREEK MORTGAGE, LLC ($3,298), NEW DAY FINANCIAL, LLC ($5,231), WELCOME HOME FINANCE, L.P. ($5,613), SWBC MORTGAGE CORPORATION ($5,844) and JPMorgan Chase Bank ($5,864).

The lowest rate Pennsylvania FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE (3.72%), First Guaranty Mortgage Corporation (3.97%), Bank of America (4.01%), DHI MORTGAGE COMPANY, LTD. (4.04%) and SOUTHERN TRUST MORTGAGE, LLC (4.05%).

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).