Fresno FHA Loan Rates, Closing Costs & Stats

FRESNO, CA

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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.

    Fresno's 125 lenders originated 2,121 FHA loans during 2023. The total origination value was $718,445,000, with an average FHA loan value of $338,729.

    Fresno FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Fresno averaged 6.02% for the week of 2025-03-21, compared to the national average (all FHA variants) of 6.335% for the same period.

    Fresno's average FHA mortgage closing costs are $9,852.

    The average rate for the prior week (2025-03-14) was 6.04% and one month ago for the week of 2025-02-14, the average rate was 6.49%.

    The average rate one year ago was 6.7%.

    For refis of the same type during the week of 2025-03-21, the average rate was 6.66%.

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

    Fresno 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 Fresno level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 447 6.07% $15,687
    QUICKEN LOANS, LLC 176 6.16% $13,187
    Century Mortgage Company DBA Century Lending Company 139 6.09% $15,545
    ALAMEDA MORTGAGE CORPORATION 129 6.48% $16,741
    EAGLE HOME MORTGAGE, LLC 110 6.11% $15,441
    INSPIRE HOME LOANS INC. 66 5.34% $12,152
    Sierra Pacific Mortgage Company, Inc. 49 6.36% $15,730
    AMERICAN PACIFIC MORTGAGE CORPORATION 49 6.34% $15,446
    PENNYMAC LOAN SERVICES, LLC 37 5.96% $14,133
    Paramount Residential Mortgage Group, Inc. 33 6.57% $15,223
    CROSSCOUNTRY MORTGAGE, LLC 27 6.65% $15,643
    LOANDEPOT.COM, LLC 27 6.39% $13,479
    KBHS HOME LOANS, LLC 26 6.57% $20,463
    CARDINAL FINANCIAL 24 6.18% $16,366
    AMERICAN FINANCIAL NETWORK, INC. 21 6.51% $14,955
    SUN WEST MORTGAGE COMPANY, INC. 21 6.56% $15,648
    FREEDOM MORTGAGE CORPORATION 21 6.76% $15,604
    GUILD MORTGAGE COMPANY 19 6.24% $14,085
    PLAZA HOME MORTGAGE, INC. 18 6.55% $17,415
    PREMIER MORTGAGE RESOURCES, L.L.C. 18 6.74% $14,444
    CMG MORTGAGE, INC. 18 6.02% $17,791
    BAY-VALLEY MORTGAGE GROUP 16 6.55% $14,904
    LOANPAL, LLC 15 5.95% $15,647
    Equity Prime Mortgage LLC 14 6.68% $15,300
    BROKER SOLUTIONS, INC. 14 6.34% $15,416
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 14 6.29% $14,323
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 12 5.29% $18,064
    Flagstar Bank, FSB 12 6.59% $13,193
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 12 6.34% $14,974
    ALTITUDE FINANCIAL CORPORATION 12 5.95% $9,299
    CALCON MUTUAL MORTGAGE LLC 12 7.05% $19,129
    OCMBC, INC. 12 6.92% $16,623
    Carrington Mortgage Services, LLC 11 6.60% $16,142
    DHI MORTGAGE COMPANY, LTD. 11 5.43% $11,164
    Lakeview Community Capital, LLC 11 6.07% $14,757
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 10 7.16% $13,392
    Mr. Cooper ( Nationstar Mortgage ) 10 5.98% $18,570
    NEWREZ LLC 9 6.19% $14,637
    GUARANTEED RATE, INC. 9 6.40% $12,663
    HOMEBRIDGE FINANCIAL SERVICES, INC. 9 6.11% $13,980
    Prosperity Home Mortgage, LLC 8 6.12% $12,277
    AMERISAVE MORTGAGE CORPORATION 8 5.75% $15,044
    CITYWIDE HOME LOANS, LLC 7 6.29% $11,970
    FIRST COMMUNITY MORTGAGE, INC. 7 6.59% $11,026
    Waterstone Mortgage Corporation 7 6.55% $11,449
    U.S. Bank 6 6.08% $13,259
    VILLAGE CAPITAL MORTGAGE 6 5.92% $16,998
    RESIDENTIAL BANCORP 6 6.54% $16,984
    ENVOY MORTGAGE, LTD 6 6.48% $16,326
    FBC MORTGAGE, LLC 6 5.70% $15,667
    PLANET HOME LENDING, LLC 6 6.19% $13,130
    CASTLE & COOKE MORTGAGE, LLC 5 6.50% $18,068
    AMERICAN FINANCIAL RESOURCES, INC. 5 6.75% $12,540
    LAKEVIEW LOAN SERVICING, LLC 5 6.40% $14,937
    NETWORK CAPITAL FUNDING CORPORATION 5 6.25% $11,785
    PANORAMA MORTGAGE GROUP, LLC 4 6.66% $15,807
    TOWNE MORTGAGE COMPANY 4 5.50% $18,209
    VERITAS FUNDING, LLC 4 6.47% $16,581
    MASON MCDUFFIE MORTGAGE CORPORATION 4 6.31% $13,586
    Franklin Loan Corporation 4 6.25% $13,890
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 6.44% $15,311
    PRIMARY RESIDENTIAL MORTGAGE, INC. 4 6.81% $20,160
    Commerce Home Mortgage, Inc. 4 7.03% $14,851
    SCENIC OAKS FUNDING, INC. 4 6.13% $17,052
    ZILLOW HOME LOANS, LLC 3 7.04% $10,907
    BAY EQUITY LLC 3 6.21% $15,102
    CALIBER HOME LOANS, INC. 3 5.46% $10,602
    Golden Empire Mortgage, Inc. 3 6.67% $15,450
    LADERA LENDING, INC. 3 6.79% $16,896
    Platinum Home Mortgage Corporation 3 6.63% $16,584
    SUMMIT FUNDING, INC. 3 6.66% $13,340
    UNION HOME MORTGAGE CORP. 3 7.25% $13,396
    ACADEMY MORTGAGE CORPORATION 3 6.33% $16,468
    TOP FLITE FINANCIAL, INC. 2 7.13% $18,226
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.25% $12,423
    INTELLILOAN, INC. 2 5.88% $15,760
    NATIONS DIRECT MORTGAGE, LLC 2 7.25% $12,341
    POINT Mortgage 2 6.56% $18,926
    OPEN MORTGAGE, LLC 2 6.31% $19,380
    S1L, Inc. 2 6.44% $16,281
    LAND HOME FINANCIAL SERVICES, INC. 2 6.69% $10,429
    MICHIGAN MUTUAL, INC. 2 5.75% $15,385
    The Loan Store, Inc. 2 6.06% $17,909
    MOUNTAIN WEST FINANCIAL, INC. 2 6.69% $16,947
    INTERCAP LENDING INC. 1 5.63% $8,309
    PENTAGON FEDERAL CREDIT UNION 1 5.88% $9,911
    Performance Financial, Inc. 1 7.25% $18,591
    Plains Commerce Bank 1 6.13% $22,876
    Hometown Equity Mortgage, LLC 1 6.13% $12,794
    AMERICAN FINANCING CORPORATION 1 5.75% $13,408
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 5.75% $14,707
    EMM LOANS LLC 1 6.50% $20,572
    EMBRACE HOME LOANS, INC. 1 5.25% $12,853
    Princeton Mortgage Corporation 1 6.25% $15,457
    Cornerstone First Mortgage, Inc 1 6.75% $14,559
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.25% $12,650
    Citibank 1 7.25% $10,027
    CHURCHILL MORTGAGE CORPORATION 1 6.75% $10,676
    CHERRY CREEK MORTGAGE, LLC 1 6.25% $7,253
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.38% $10,138
    CENTRAL COAST LENDING, INC. 1 6.50% $15,495
    VISION ONE MORTGAGE, INC. 1 6.63% $10,239
    BEST FINANCE CAPITAL, INC. 1 5.25% $16,968
    T2 FINANCIAL LLC 1 6.88% $15,445
    The Federal Savings Bank 1 5.75% $14,301
    THE GOLDEN 1 1 7.13% $11,179
    BECKAM FUNDING CORP. 1 6.75% $23,128
    AHL FUNDING 1 6.99% $15,015
    United Fidelity Funding Corp. 1 6.75% $13,485
    ARC HOME LLC 1 7.13% $24,330
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.13% $13,152
    American Mortgage & Equity Consultants, Inc. 1 7.50% $16,318
    LOANLEADERS OF AMERICA, INC. 1 5.50% $16,133
    Mortgage Research Center, LLC 1 6.99% $5,574
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.75% $11,900
    LEADERONE FINANCIAL CORPORATION 1 5.75% $13,371
    M&T Bank 1 6.63% $6,971
    NATIONWIDE MORTGAGE BANKERS, INC. 1 7.13% $12,386
    NBKC BANK 1 6.13% $11,478
    KeyBank 1 5.63% $16,026
    NFM, INC. 1 7.00% $12,307
    NJ LENDERS CORP. 1 5.63% $11,558
    NORWICH COMMERCIAL GROUP, INC. 1 5.75% $13,792
    JPMorgan Chase Bank 1 5.75% $8,153
    INTERNATIONAL CITY MORTGAGE, INC. 1 7.13% $14,103

    The top Fresno FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 447 FHA loans originated. Their average total fees are $15,687, which is $2,499 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Fresno FHA lenders (with over 10 loans originated) are ALTITUDE FINANCIAL CORPORATION ($9,299), DHI MORTGAGE COMPANY, LTD. ($11,164), INSPIRE HOME LOANS INC. ($12,152), QUICKEN LOANS, LLC ($13,187) and Flagstar Bank, FSB ($13,193).

    The lowest rate Fresno FHA lenders (with over 10 loans originated) are K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. (5.29%), INSPIRE HOME LOANS INC. (5.34%), DHI MORTGAGE COMPANY, LTD. (5.43%), ALTITUDE FINANCIAL CORPORATION (5.95%) and LOANPAL, LLC (5.95%).

    Fresno FHA Loan Limits

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Fresno (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 $305,680 (11.2%) $396,176 (8.0%) 1.13 1,690
    2018-02-01 $304,950 (10.9%) $396,397 (7.3%) 1.11 1,707
    2018-03-01 $309,950 (12.7%) $404,628 (8.7%) 1.09 1,766
    2018-04-01 $313,450 (8.1%) $403,543 (6.0%) 1.06 1,862
    2018-05-01 $315,000 (5.0%) $409,878 (2.9%) 1.05 1,945
    2018-06-01 $316,450 (2.5%) $416,087 (3.1%) 1.06 2,077
    2018-07-01 $315,000 (3.3%) $409,884 (0.9%) 1.05 2,176
    2018-08-01 $315,000 (4.6%) $403,164 (0.1%) 1.06 2,269
    2018-09-01 $310,000 (3.3%) $396,527 (0.5%) 1.04 2,399
    2018-10-01 $309,987 (1.6%) $399,187 (1.8%) 1.05 2,474
    2018-11-01 $309,450 (-0.1%) $396,931 (0.8%) 1.05 2,437
    2018-12-01 $309,900 (0.3%) $396,191 (0.3%) 1.07 2,232
    2019-01-01 $305,250 (-0.1%) $382,184 (-3.5%) 1.05 2,083
    2019-02-01 $308,338 (1.1%) $384,972 (-2.9%) 1.04 2,135
    2019-03-01 $313,429 (1.1%) $400,178 (-1.1%) 1.02 2,133
    2019-04-01 $317,806 (1.4%) $396,815 (-1.7%) 1.01 2,202
    2019-05-01 $325,000 (3.2%) $404,783 (-1.2%) 1.02 2,238
    2019-06-01 $334,900 (5.8%) $415,088 (-0.2%) 1.05 2,283
    2019-07-01 $337,500 (7.1%) $415,442 (1.4%) 1.06 2,257
    2019-08-01 $333,130 (5.8%) $412,057 (2.2%) 1.05 2,289
    2019-09-01 $328,824 (6.1%) $407,101 (2.7%) 1.05 2,298
    2019-10-01 $326,571 (5.4%) $407,345 (2.0%) 1.05 2,267
    2019-11-01 $325,900 (5.3%) $412,119 (3.8%) 1.07 2,133
    2019-12-01 $326,785 (5.5%) $407,612 (2.9%) 1.09 1,931
    2020-01-01 $329,000 (7.8%) $410,971 (7.5%) 1.10 1,677
    2020-02-01 $329,000 (6.7%) $407,099 (5.8%) 1.08 1,641
    2020-03-01 $339,913 (8.5%) $426,183 (6.5%) 1.07 1,601
    2020-04-01 $336,840 (6.0%) $417,015 (5.1%) 1.06 1,686
    2020-05-01 $340,000 (4.6%) $428,926 (6.0%) 1.03 1,575
    2020-06-01 $349,855 (4.5%) $443,563 (6.9%) 1.03 1,323
    2020-07-01 $354,500 (5.0%) $458,808 (10.4%) 1.03 1,119
    2020-08-01 $363,950 (9.3%) $469,221 (13.9%) 1.04 1,022
    2020-09-01 $362,500 (10.2%) $475,461 (16.8%) 1.04 1,040
    2020-10-01 $359,450 (10.1%) $479,276 (17.7%) 1.03 1,022
    2020-11-01 $362,675 (11.3%) $497,854 (20.8%) 1.06 950
    2020-12-01 $354,500 (8.5%) $485,674 (19.2%) 1.05 857
    2021-01-01 $365,000 (10.9%) $500,299 (21.7%) 1.09 694
    2021-02-01 $362,500 (10.2%) $510,906 (25.5%) 1.06 637
    2021-03-01 $373,900 (10.0%) $520,334 (22.1%) 1.06 640
    2021-04-01 $389,225 (15.6%) $537,645 (28.9%) 1.05 679
    2021-05-01 $399,900 (17.6%) $554,522 (29.3%) 1.06 725
    2021-06-01 $406,143 (16.1%) $557,319 (25.7%) 1.07 855
    2021-07-01 $399,950 (12.8%) $545,308 (18.9%) 1.06 964
    2021-08-01 $401,750 (10.4%) $542,345 (15.6%) 1.07 1,035
    2021-09-01 $413,500 (14.1%) $634,237 (33.4%) 1.10 1,073
    2021-10-01 $419,000 (16.6%) $542,913 (13.3%) 1.12 1,029
    2021-11-01 $427,000 (17.7%) $552,727 (11.0%) 1.14 967
    2021-12-01 $437,000 (23.3%) $567,941 (16.9%) 1.18 838
    2022-01-01 $439,000 (20.3%) $580,001 (15.9%) 1.19 677
    2022-02-01 $420,000 (15.9%) $566,072 (10.8%) 1.09 671
    2022-03-01 $434,950 (16.3%) $582,657 (12.0%) 1.09 722
    2022-04-01 $449,000 (15.4%) $595,920 (10.8%) 1.07 812
    2022-05-01 $454,997 (13.8%) $591,873 (6.7%) 1.04 1,022
    2022-06-01 $452,950 (11.5%) $577,404 (3.6%) 1.01 1,245
    2022-07-01 $449,900 (12.5%) $563,143 (3.3%) 1.01 1,614
    2022-08-01 $442,500 (10.1%) $551,008 (1.6%) 1.02 1,646
    2022-09-01 $447,450 (8.2%) $551,236 (-13.1%) 1.05 1,651
    2022-10-01 $435,000 (3.8%) $542,135 (-0.1%) 1.02 1,722
    2022-11-01 $427,000 (0.0%) $543,406 (-1.7%) 1.03 1,713
    2022-12-01 $430,000 (-1.6%) $549,282 (-3.3%) 1.06 1,487
    2023-01-01 $437,000 (-0.5%) $557,223 (-3.9%) 1.08 1,313
    2023-02-01 $441,250 (5.1%) $578,412 (2.2%) 1.06 1,159
    2023-03-01 $444,968 (2.3%) $588,557 (1.0%) 1.05 1,067
    2023-04-01 $450,000 (0.2%) $611,634 (2.6%) 1.05 981
    2023-05-01 $472,275 (3.8%) $623,300 (5.3%) 1.07 1,023
    2023-06-01 $477,533 (5.4%) $624,819 (8.2%) 1.07 1,062
    2023-07-01 $486,250 (8.1%) $635,826 (12.9%) 1.11 1,115
    2023-08-01 $481,250 (8.8%) $635,747 (15.4%) 1.11 1,279
    2023-09-01 $473,960 (5.9%) $616,563 (11.9%) 1.10 1,345
    2023-10-01 $469,000 (7.8%) $607,462 (12.1%) 1.10 1,443
    2023-11-01 $460,000 (7.7%) $597,325 (9.9%) 1.10 1,545
    2023-12-01 $461,500 (7.3%) $608,460 (10.8%) 1.13 1,469
    2024-01-01 $453,470 (3.8%) $604,108 (8.4%) 1.11 1,307
    2024-02-01 $467,300 (5.9%) $619,217 (7.1%) 1.12 1,222
    2024-03-01 $469,000 (5.4%) $623,043 (5.9%) 1.10 1,206
    2024-04-01 $478,500 (6.3%) $628,172 (2.7%) 1.11 1,306
    2024-05-01 $482,250 (2.1%) $637,976 (2.4%) 1.10 1,402
    2024-06-01 $482,000 (0.9%) $626,506 (0.3%) 1.10 1,430
    2024-07-01 $478,426 (-1.6%) $617,149 (-2.9%) 1.09 1,593
    2024-08-01 $479,950 (-0.3%) $630,266 (-0.9%) 1.12 1,634
    2024-09-01 $481,000 (1.5%) $626,951 (1.7%) 1.13 1,755
    2024-10-01 $477,327 (1.8%) $611,290 (0.6%) 1.12 1,759
    2024-11-01 $479,694 (4.3%) $607,430 (1.7%) 1.15 1,751
    2024-12-01 $477,485 (3.5%) $600,479 (-1.3%) 1.19 1,555
    2025-01-01 $475,000 (4.8%) $594,861 (-1.5%) 1.19 1,516
    2025-02-01 $475,000 (1.7%) $599,010 (-3.3%) 1.15 1,649
    Fresno's median listing price for 2025-02-01 was $475,000, a difference of $7,700 (1.7%) versus the prior year and $0 versus the prior month.

    Fresno's median listing price comes in at 115% of the national average.

    Fresno's average listing price for 2025-02-01 was $599,010, a difference of $-20,207 (-3.3%) versus the prior year and $4,149 versus the prior month.

    For the 2025-02-01 period, Fresno had 1,649 MLS listings, a difference of 133 listings (9%) versus the prior month and 427 listings (35%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fresno (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 62 days 1,885 sqft
    2018-02-01 44 days 1,869 sqft
    2018-03-01 43 days 1,900 sqft
    2018-04-01 43 days 1,900 sqft
    2018-05-01 40 days 1,893 sqft
    2018-06-01 43 days 1,892 sqft
    2018-07-01 43 days 1,877 sqft
    2018-08-01 43 days 1,873 sqft
    2018-09-01 47 days 1,862 sqft
    2018-10-01 50 days 1,849 sqft
    2018-11-01 52 days 1,852 sqft
    2018-12-01 61 days 1,861 sqft
    2019-01-01 65 days 1,851 sqft
    2019-02-01 52 days 1,841 sqft
    2019-03-01 46 days 1,872 sqft
    2019-04-01 43 days 1,890 sqft
    2019-05-01 44 days 1,906 sqft
    2019-06-01 47 days 1,919 sqft
    2019-07-01 50 days 1,920 sqft
    2019-08-01 50 days 1,908 sqft
    2019-09-01 51 days 1,892 sqft
    2019-10-01 52 days 1,882 sqft
    2019-11-01 55 days 1,872 sqft
    2019-12-01 60 days 1,867 sqft
    2020-01-01 65 days 1,854 sqft
    2020-02-01 47 days 1,834 sqft
    2020-03-01 43 days 1,876 sqft
    2020-04-01 46 days 1,872 sqft
    2020-05-01 54 days 1,895 sqft
    2020-06-01 47 days 1,908 sqft
    2020-07-01 42 days 1,908 sqft
    2020-08-01 33 days 1,920 sqft
    2020-09-01 30 days 1,889 sqft
    2020-10-01 31 days 1,886 sqft
    2020-11-01 37 days 1,880 sqft
    2020-12-01 42 days 1,836 sqft
    2021-01-01 43 days 1,851 sqft
    2021-02-01 28 days 1,822 sqft
    2021-03-01 22 days 1,853 sqft
    2021-04-01 17 days 1,872 sqft
    2021-05-01 16 days 1,848 sqft
    2021-06-01 18 days 1,872 sqft
    2021-07-01 23 days 1,866 sqft
    2021-08-01 27 days 1,870 sqft
    2021-09-01 30 days 1,890 sqft
    2021-10-01 29 days 1,868 sqft
    2021-11-01 33 days 1,891 sqft
    2021-12-01 40 days 1,872 sqft
    2022-01-01 37 days 1,880 sqft
    2022-02-01 30 days 1,806 sqft
    2022-03-01 30 days 1,798 sqft
    2022-04-01 30 days 1,829 sqft
    2022-05-01 26 days 1,840 sqft
    2022-06-01 29 days 1,843 sqft
    2022-07-01 32 days 1,836 sqft
    2022-08-01 39 days 1,820 sqft
    2022-09-01 45 days 1,835 sqft
    2022-10-01 48 days 1,817 sqft
    2022-11-01 50 days 1,796 sqft
    2022-12-01 59 days 1,818 sqft
    2023-01-01 65 days 1,827 sqft
    2023-02-01 52 days 1,833 sqft
    2023-03-01 50 days 1,849 sqft
    2023-04-01 48 days 1,883 sqft
    2023-05-01 38 days 1,892 sqft
    2023-06-01 38 days 1,905 sqft
    2023-07-01 39 days 1,900 sqft
    2023-08-01 39 days 1,909 sqft
    2023-09-01 41 days 1,911 sqft
    2023-10-01 44 days 1,904 sqft
    2023-11-01 46 days 1,891 sqft
    2023-12-01 56 days 1,890 sqft
    2024-01-01 65 days 1,875 sqft
    2024-02-01 54 days 1,891 sqft
    2024-03-01 45 days 1,909 sqft
    2024-04-01 44 days 1,921 sqft
    2024-05-01 40 days 1,913 sqft
    2024-06-01 44 days 1,897 sqft
    2024-07-01 44 days 1,886 sqft
    2024-08-01 50 days 1,879 sqft
    2024-09-01 48 days 1,873 sqft
    2024-10-01 50 days 1,870 sqft
    2024-11-01 57 days 1,881 sqft
    2024-12-01 63 days 1,866 sqft
    2025-01-01 64 days 1,846 sqft
    2025-02-01 48 days 1,851 sqft
    Fresno's median listing age (time on market) for 2025-02-01 was 48 days. This is -10% shorter than the same period one year ago.

    Fresno's median square footage for active listings during the 2025-02-01 period was 1,851 sqft. One year prior, the average listing was 1,891 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).