Anaheim FHA Loans

ANAHEIM-SANTA ANA-IRVINE, CA

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.

Anaheim's 144 lenders originated 3,701 FHA loans during 2021. The total origination value was $1,861,345,000, with an average FHA loan value of $502,930.

Anaheim FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Anaheim averaged 4.7% for the week of 2022-03-25, compared to the national average (all FHA variants) of 4.648% for the same period.

The average rate for the prior week (2022-03-18) was 4.31% and one month ago for the week of 2022-02-18, the average rate was 3.94%.

The average rate one year ago was 3.38%.

For refis of the same type during the week of 2022-03-25, the average rate was 4.4%.

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

Anaheim FHA Loan Lenders by Rates & Fees

The below table looks at the average fees and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Anaheim level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
UNITED WHOLESALE MORTGAGE, LLC 284 2.72% $15,515
QUICKEN LOANS, LLC 256 2.59% $11,799
FREEDOM MORTGAGE CORPORATION 109 2.62% $9,891
LOANDEPOT.COM, LLC 92 2.83% $16,049
LAKEVIEW LOAN SERVICING, LLC 83 2.71% $9,740
CALIBER HOME LOANS, INC. 82 2.69% $13,337
BROKER SOLUTIONS, INC. 72 3.07% $15,056
Mr. Cooper ( Nationstar Mortgage ) 66 2.86% $8,951
HOME POINT FINANCIAL CORPORATION 65 2.55% $13,075
FINANCE OF AMERICA MORTGAGE LLC 52 2.76% $16,049
OCMBC, INC. 51 2.92% $14,351
PENNYMAC LOAN SERVICES, LLC 50 2.89% $11,994
AMERICAN FINANCIAL NETWORK, INC. 50 2.91% $20,114
Carrington Mortgage Services, LLC 41 3.22% $17,374
Lakeview Community Capital, LLC 39 2.64% $9,090
NEWREZ LLC 38 2.70% $12,464
HOMEBRIDGE FINANCIAL SERVICES, INC. 36 2.68% $13,867
CROSSCOUNTRY MORTGAGE, LLC 35 2.82% $16,750
Equity Prime Mortgage LLC 35 3.17% $17,761
VILLAGE CAPITAL & INVESTMENT LLC 30 2.50% $6,061
SUN WEST MORTGAGE COMPANY, INC. 30 2.96% $14,969
HOME APPROVALS DIRECT, INC. 27 3.06% $22,935
Paramount Residential Mortgage Group, Inc. 26 2.72% $17,052
CMG MORTGAGE, INC. 25 2.93% $18,340
PLANET HOME LENDING, LLC 23 2.72% $12,094
Flagstar Bank, FSB 23 2.80% $12,081
NATIONS DIRECT MORTGAGE, LLC 21 2.91% $19,873
BECKAM FUNDING CORP. 21 3.90% $27,807
WESTERN EXPRESS LENDING 21 2.63% $15,172
GUILD MORTGAGE COMPANY 20 2.75% $14,427
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 19 3.00% $14,215
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 19 3.13% $17,951
Commerce Home Mortgage, Inc. 16 2.96% $15,209
CELEBRITY HOME LOANS, LLC 15 3.01% $14,355
VISION ONE MORTGAGE, INC. 15 3.14% $11,680
AMERICAN PACIFIC MORTGAGE CORPORATION 14 3.05% $18,380
CALCULATED RISK ANALYTICS LLC 14 2.96% $14,235
GUARANTEED RATE, INC. 14 2.77% $13,541
LADERA LENDING, INC. 13 2.91% $13,865
InterContinental Capital Group, Inc 13 2.63% $11,834
First Guaranty Mortgage Corporation 13 2.96% $13,888
Home Mortgage Alliance Corp 12 2.82% $21,363
Franklin Loan Corporation 12 3.14% $16,994
Hometown Equity Mortgage, LLC 11 2.94% $21,368
AmeriHome Mortgage Company, LLC 11 2.63% $11,997
Golden Empire Mortgage, Inc. 11 2.86% $18,807
MOUNTAIN WEST FINANCIAL, INC. 10 2.95% $19,056
AMERISAVE MORTGAGE CORPORATION 10 2.65% $15,443
Hometown Lenders, Inc. 10 2.90% $21,062
STEARNS LENDING, LLC 9 3.04% $12,145
DATA MORTGAGE, INC. 9 2.90% $17,756
JMAC LENDING, INC. 8 2.97% $15,465
PRIMELENDING, A PLAINSCAPITAL COMPANY 8 2.92% $15,861
JMJ FINANCIAL GROUP 8 2.83% $20,899
AHL FUNDING 7 3.02% $20,578
ARK-LA-TEX FINANCIAL SERVICES, LLC. 7 2.66% $13,931
Sierra Pacific Mortgage Company, Inc. 7 2.77% $13,680
South Pacific Financial Corporation 6 2.71% $18,058
CORNERSTONE HOME LENDING, INC. 6 3.17% $16,507
GENEVA FINANCIAL, LLC 6 3.02% $16,070
LENDING 3, INC. 6 3.23% $14,993
BEST CAPITAL FUNDING 6 2.75% $11,860
RESIDENTIAL BANCORP. 6 3.14% $19,230
LOANLEADERS OF AMERICA, INC. 5 2.68% $10,814
SOVEREIGN LENDING GROUP INCORPORATED 5 2.65% $12,489
ONY GLO, INC. 5 2.70% $14,360
DIGNIFIED HOME LOANS, LLC 5 2.40% $8,189
MUTUAL OF OMAHA MORTGAGE, INC. 5 2.63% $11,927
U.S. Bank 5 2.97% $16,301
MOVEMENT MORTGAGE, LLC 4 2.88% $10,106
CIT Bank 4 2.91% $18,974
INTERNATIONAL CITY MORTGAGE, INC. 4 2.81% $18,357
SUMMIT FUNDING, INC. 4 3.03% $18,819
GUARANTEED RATE AFFINITY, LLC 4 2.78% $16,311
ML Mortgage Corp. 4 2.81% $18,862
KBHS HOME LOANS, LLC 3 2.63% $17,511
The Federal Savings Bank 3 3.04% $13,613
LENDUS, LLC 3 2.96% $18,612
WALL FINANCIAL, INC. 3 2.92% $17,610
First Standard Financial Corp. 3 3.17% $17,287
NMSI, INC. 3 3.17% $17,287
LOANPAL, LLC 3 2.54% $15,035
OPEN MORTGAGE, LLC 3 2.79% $12,987
MEGA CAPITAL FUNDING, INC. 3 2.96% $18,022
iCore Lending, Inc. 3 3.13% $27,947
INSPIRE HOME LOANS INC. 3 2.75% $13,189
PANORAMA MORTGAGE GROUP, LLC 3 3.04% $15,782
Century Mortgage Company DBA Century Lending Company 3 3.00% $13,287
EAGLE HOME MORTGAGE, LLC 3 3.04% $18,920
ST FIN CORP 3 3.33% $20,984
HOMEOWNERS FIRST MORTGAGE, LLC 2 3.25% $18,052
HOMESIDE FINANCIAL, LLC 2 2.81% $12,668
IAPPROVE LENDING 2 2.69% $11,761
LENOX FINANCIAL MORTGAGE CORPORATION 2 2.88% $8,248
MASON MCDUFFIE MORTGAGE CORPORATION 2 2.50% $14,463
MICHIGAN MUTUAL, INC. 2 2.56% $12,185
MID AMERICA MORTGAGE, INC. 2 3.25% $3,243
MUFG Union Bank 2 2.44% $13,472
NEW WEST LENDING, INC. 2 2.50% $12,621
NEXERA HOLDING LLC 2 2.88% $9,676
PLAZA HOME MORTGAGE, INC. 2 3.13% $14,264
Prime Choice Funding Inc. 2 2.69% $9,126
Barrington Bank & Trust Company, N.A. 2 3.23% $18,469
RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 2.31% $11,569
ZILLOW HOME LOANS, LLC 2 2.75% $12,087
Bank of America 2 3.31% $13,158
TOP FLITE FINANCIAL, INC. 2 2.69% $27,817
AMERIFIRST FINANCIAL CORPORATION 2 3.31% $22,500
ALAMEDA MORTGAGE CORPORATION 2 3.00% $13,995
HighTechLending Inc 2 2.56% $14,176
PARKSIDE LENDING, LLC 1 2.50% $9,341
DIRECT MORTGAGE, CORP. 1 2.75% $24,693
PHH Mortgage Corporation 1 3.13% $9,667
BELEM SERVICING LLC 1 2.50% $8,336
INTELLILOAN, INC. 1 2.25% $7,568
US MORTGAGE CORPORATION 1 2.25% $16,048
BAY EQUITY LLC 1 2.88% $11,446
Prosperity Home Mortgage, LLC 1 3.13% $19,846
Ameris Bank 1 2.38% $14,290
Lend Smart Mortgage, LLC 1 2.50% $11,523
Wells Fargo Bank 1 3.25% $17,512
Shea Mortgage Inc. 1 2.75% $12,573
GoPrime Mortgage, Inc. 1 3.00% $29,034
LAND HOME FINANCIAL SERVICES, INC. 1 2.25% $12,429
EVERETT FINANCIAL, INC. 1 2.63% $13,902
Watermark Capital, Inc. 1 2.63% $14,379
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 2.99% $16,263
Strong Home Mortgage, LLC 1 3.25% $793
JPMorgan Chase Bank 1 2.63% $23,428
AUGUSTA FINANCIAL, INC. 1 2.50% $16,255
FIRST CENTENNIAL MORTGAGE CORPORATION 1 2.38% $15,867
Waterstone Mortgage Corporation 1 3.13% $24,468
TOTAL MORTGAGE SERVICES, LLC 1 3.25% $7,520
ANGEL OAK HOME LOANS LLC 1 2.50% $9,136
NFM, INC. 1 3.63% $12,902
NETWORK CAPITAL FUNDING CORPORATION 1 3.63% $34,385
NP, Inc. 1 2.50% $35,072
NuVision Federal Credit Union 1 2.63% $17,986
OCEANSIDE MORTGAGE COMPANY 1 2.25% $4,724
Neighborhood Loans, Inc. 1 2.25% $16,109
CITYWIDE HOME LOANS, LLC 1 2.99% $13,570
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 3.25% $35,448
MK LENDING CORP. 1 2.63% $10,030
CAMPOS FINANCIAL CORP. 1 3.00% $15,225

The top Anaheim FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 284 FHA loans originated. Their average total fees are $15,515, which is $3,716 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Anaheim FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL & INVESTMENT LLC ($6,061), Mr. Cooper ( Nationstar Mortgage ) ($8,951), Lakeview Community Capital, LLC ($9,090), LAKEVIEW LOAN SERVICING, LLC ($9,740) and FREEDOM MORTGAGE CORPORATION ($9,891).

The lowest rate Anaheim FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL & INVESTMENT LLC (2.50%), HOME POINT FINANCIAL CORPORATION (2.55%), QUICKEN LOANS, LLC (2.59%), FREEDOM MORTGAGE CORPORATION (2.62%) and AmeriHome Mortgage Company, LLC (2.63%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Anaheim (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 $750,000 (7.2%) $1,704,827 (13.9%) 2.76 13,152
2018-02-01 $759,000 (5.2%) $1,690,988 (10.1%) 2.74 14,314
2018-03-01 $780,525 (4.2%) $1,685,936 (5.9%) 2.70 15,072
2018-04-01 $799,650 (4.5%) $1,679,819 (4.4%) 2.68 16,519
2018-05-01 $799,000 (2.4%) $1,674,828 (3.3%) 2.66 17,879
2018-06-01 $799,000 (2.6%) $1,655,352 (3.0%) 2.66 19,472
2018-07-01 $789,900 (1.9%) $1,620,030 (2.3%) 2.63 21,054
2018-08-01 $764,450 (1.9%) $1,557,509 (-1.0%) 2.55 22,044
2018-09-01 $749,900 (0.0%) $1,527,636 (-2.9%) 2.51 23,032
2018-10-01 $747,000 (-0.3%) $1,521,712 (-5.2%) 2.50 23,786
2018-11-01 $736,500 (-1.8%) $1,510,278 (-7.1%) 2.47 23,801
2018-12-01 $725,000 (-3.3%) $1,532,443 (-9.6%) 2.48 21,112
2019-01-01 $719,450 (-4.1%) $1,531,943 (-10.1%) 2.48 19,800
2019-02-01 $727,450 (-4.2%) $1,561,643 (-7.7%) 2.44 20,330
2019-03-01 $755,238 (-3.2%) $1,601,897 (-5.0%) 2.46 20,590
2019-04-01 $777,944 (-2.7%) $1,626,218 (-3.2%) 2.45 20,862
2019-05-01 $796,500 (-0.3%) $1,662,469 (-0.7%) 2.45 22,084
2019-06-01 $799,000 (0.0%) $1,649,945 (-0.3%) 2.46 22,395
2019-07-01 $801,408 (1.5%) $1,660,124 (2.5%) 2.49 22,744
2019-08-01 $805,466 (5.4%) $1,682,605 (8.0%) 2.53 22,104
2019-09-01 $808,558 (7.8%) $1,713,091 (12.1%) 2.57 21,250
2019-10-01 $814,028 (9.0%) $1,729,224 (13.6%) 2.60 20,218
2019-11-01 $799,999 (8.6%) $1,771,138 (17.3%) 2.58 18,278
2019-12-01 $819,500 (13.0%) $1,880,098 (22.7%) 2.73 14,599
2020-01-01 $825,000 (14.7%) $1,923,283 (25.6%) 2.75 13,119
2020-02-01 $897,887 (23.4%) $2,042,529 (30.8%) 2.90 13,041
2020-03-01 $938,950 (24.3%) $2,071,651 (29.3%) 2.93 12,997
2020-04-01 $862,500 (10.9%) $1,861,886 (14.5%) 2.69 13,560
2020-05-01 $879,000 (10.4%) $1,832,228 (10.2%) 2.66 15,392
2020-06-01 $939,000 (17.5%) $1,969,985 (19.4%) 2.74 15,247
2020-07-01 $959,500 (19.7%) $2,048,055 (23.4%) 2.75 14,680
2020-08-01 $974,000 (20.9%) $2,044,766 (21.5%) 2.78 14,472
2020-09-01 $987,495 (22.1%) $2,130,769 (24.4%) 2.82 14,657
2020-10-01 $985,000 (21.0%) $2,137,090 (23.6%) 2.81 14,901
2020-11-01 $997,000 (24.6%) $2,208,662 (24.7%) 2.85 14,544
2020-12-01 $999,000 (21.9%) $2,308,568 (22.8%) 2.93 12,120
2021-01-01 $999,000 (21.1%) $2,398,286 (24.7%) 2.94 10,444
2021-02-01 $999,950 (11.4%) $2,459,500 (20.4%) 2.88 10,081
2021-03-01 $999,495 (6.5%) $2,455,623 (18.5%) 2.80 9,700
2021-04-01 $988,750 (14.6%) $2,369,842 (27.3%) 2.66 9,754
2021-05-01 $959,000 (9.1%) $2,283,691 (24.6%) 2.52 9,755
2021-06-01 $955,000 (1.7%) $2,255,008 (14.5%) 2.48 10,213
2021-07-01 $949,500 (-1.0%) $2,191,399 (7.0%) 2.47 11,049
2021-08-01 $899,500 (-7.7%) $2,110,119 (3.2%) 2.36 11,229
2021-09-01 $899,450 (-8.9%) $2,098,742 (-1.5%) 2.37 10,705
2021-10-01 $899,000 (-8.7%) $2,134,314 (-0.1%) 2.37 10,232
2021-11-01 $899,000 (-9.8%) $2,176,716 (-1.5%) 2.37 9,090
2021-12-01 $897,000 (-10.2%) $2,299,565 (-0.4%) 2.39 7,266
2022-01-01 $899,000 (-10.0%) $2,438,265 (1.7%) 2.40 6,201
Anaheim's median listing price for 2022-01-01 was $899,000, a difference of $-100,000 (-10.0%) versus the prior year and $2,000 versus the prior month.

Anaheim's median listing price comes in at 240% of the national average.

Anaheim's average listing price for 2022-01-01 was $2,438,265, a difference of $39,979 (1.7%) versus the prior year and $138,700 versus the prior month.

For the 2022-01-01 period, Anaheim had 6,201 MLS listings, a difference of -1,065 listings (-15%) versus the prior month and -4,243 listings (-41%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Anaheim (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 48 days 1,859 sqft
2018-02-01 30 days 1,867 sqft
2018-03-01 31 days 1,881 sqft
2018-04-01 32 days 1,907 sqft
2018-05-01 31 days 1,916 sqft
2018-06-01 33 days 1,909 sqft
2018-07-01 36 days 1,899 sqft
2018-08-01 37 days 1,851 sqft
2018-09-01 40 days 1,822 sqft
2018-10-01 41 days 1,799 sqft
2018-11-01 45 days 1,777 sqft
2018-12-01 54 days 1,759 sqft
2019-01-01 57 days 1,751 sqft
2019-02-01 41 days 1,758 sqft
2019-03-01 45 days 1,796 sqft
2019-04-01 43 days 1,833 sqft
2019-05-01 43 days 1,863 sqft
2019-06-01 45 days 1,879 sqft
2019-07-01 47 days 1,894 sqft
2019-08-01 47 days 1,884 sqft
2019-09-01 52 days 1,873 sqft
2019-10-01 51 days 1,870 sqft
2019-11-01 53 days 1,864 sqft
2019-12-01 62 days 1,865 sqft
2020-01-01 65 days 1,865 sqft
2020-02-01 38 days 1,933 sqft
2020-03-01 38 days 1,965 sqft
2020-04-01 46 days 1,853 sqft
2020-05-01 56 days 1,864 sqft
2020-06-01 43 days 1,905 sqft
2020-07-01 41 days 1,911 sqft
2020-08-01 39 days 1,892 sqft
2020-09-01 36 days 1,896 sqft
2020-10-01 36 days 1,884 sqft
2020-11-01 43 days 1,868 sqft
2020-12-01 51 days 1,861 sqft
2021-01-01 54 days 1,855 sqft
2021-02-01 36 days 1,846 sqft
2021-03-01 33 days 1,853 sqft
2021-04-01 33 days 1,845 sqft
2021-05-01 34 days 1,808 sqft
2021-06-01 33 days 1,797 sqft
2021-07-01 33 days 1,768 sqft
2021-08-01 33 days 1,735 sqft
2021-09-01 36 days 1,729 sqft
2021-10-01 36 days 1,724 sqft
2021-11-01 40 days 1,725 sqft
2021-12-01 45 days 1,725 sqft
2022-01-01 44 days 1,706 sqft
Anaheim's median listing age (time on market) for 2022-01-01 was 44 days. This is -19% shorter than the same period one year ago.

Anaheim's median square footage for active listings during the 2022-01-01 period was 1,706 sqft. One year prior, the average listing was 1,855 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).