Fresno FHA Loan Rates, Closing Costs & Stats

FRESNO, 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.

Fresno's 130 lenders originated 2,579 FHA loans during 2024. The total origination value was $925,255,000, with an average FHA loan value of $358,765.

Fresno FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Fresno averaged 6.2% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

Fresno's average FHA mortgage closing costs are $10,496.

The average rate for the prior week (2025-03-28) was 6.3% and one month ago for the week of 2025-02-28, the average rate was 6.49%.

The average rate one year ago was 6.51%.

For refis of the same type during the week of 2025-04-04, the average rate was 6%.

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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 451 6.00% $16,287
Century Mortgage Company DBA Century Lending Company 235 6.14% $15,980
QUICKEN LOANS, LLC 193 6.17% $14,688
EAGLE HOME MORTGAGE, LLC 136 5.81% $16,712
ALAMEDA MORTGAGE CORPORATION 130 6.39% $16,631
Golden Empire Mortgage, Inc. 82 6.30% $15,750
KBHS HOME LOANS, LLC 70 5.90% $20,399
PENNYMAC LOAN SERVICES, LLC 64 5.93% $12,088
INSPIRE HOME LOANS INC. 63 5.22% $12,337
Paramount Residential Mortgage Group, Inc. 55 6.34% $14,962
Sierra Pacific Mortgage Company, Inc. 47 6.18% $15,784
FREEDOM MORTGAGE CORPORATION 40 6.32% $14,013
Equity Prime Mortgage LLC 29 6.65% $17,164
BAY-VALLEY MORTGAGE GROUP 25 6.53% $16,060
PLAZA HOME MORTGAGE, INC. 25 6.68% $15,314
CMG MORTGAGE, INC. 24 5.97% $16,083
GUILD MORTGAGE COMPANY 22 6.53% $16,822
BROKER SOLUTIONS, INC. 21 6.65% $13,665
AMERICAN FINANCIAL NETWORK, INC. 20 6.20% $15,440
DHI MORTGAGE COMPANY, LTD. 20 5.38% $11,470
LOANDEPOT.COM, LLC 19 6.33% $13,875
SUN WEST MORTGAGE COMPANY, INC. 18 5.99% $16,206
FIRST COMMUNITY MORTGAGE, INC. 18 6.07% $14,225
RESIDENTIAL WHOLESALE MORTGAGE, INC. 18 6.69% $13,143
CROSSCOUNTRY MORTGAGE, LLC 17 6.24% $16,074
ARK-LA-TEX FINANCIAL SERVICES, LLC. 16 6.21% $14,139
PREMIER MORTGAGE RESOURCES, L.L.C. 15 6.37% $15,137
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 15 5.11% $19,543
JMAC LENDING, INC. 14 6.16% $13,355
LAKEVIEW LOAN SERVICING, LLC 14 6.39% $10,454
AMERICAN PACIFIC MORTGAGE CORPORATION 13 6.50% $14,704
Commerce Home Mortgage, Inc. 13 6.52% $13,632
Lakeview Community Capital, LLC 13 6.25% $9,947
ALTITUDE FINANCIAL CORPORATION 12 6.04% $8,653
HOMEBRIDGE FINANCIAL SERVICES, INC. 12 6.17% $15,381
Carrington Mortgage Services, LLC 12 6.46% $17,129
OCMBC, INC. 11 6.72% $14,157
Mr. Cooper ( Nationstar Mortgage ) 11 6.63% $15,903
PLANET HOME LENDING, LLC 11 6.20% $10,521
The Loan Store, Inc. 11 6.06% $15,841
NEWREZ LLC 11 6.38% $9,719
NORWICH COMMERCIAL GROUP, INC. 10 6.00% $11,933
AHL FUNDING 9 6.42% $14,720
CLM MORTGAGE, INC 9 5.57% $12,759
VILLAGE CAPITAL MORTGAGE 8 6.12% $9,282
GUARANTEED RATE, INC. 8 6.12% $12,278
BAY EQUITY LLC 7 6.73% $15,006
LOANPAL, LLC 6 5.92% $13,217
Flagstar Bank, FSB 6 6.23% $9,300
THE GOLDEN 1 6 6.44% $11,448
Pacific Lending LLC 6 6.31% $18,029
ZILLOW HOME LOANS, LLC 6 6.48% $11,910
AMERISAVE MORTGAGE CORPORATION 6 6.73% $18,384
CARDINAL FINANCIAL 6 6.75% $11,166
CITYWIDE HOME LOANS, LLC 5 6.58% $14,332
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.83% $17,016
LAND HOME FINANCIAL SERVICES, INC. 5 6.65% $12,924
NATIONS DIRECT MORTGAGE, LLC 5 6.15% $16,748
AmeriHome Mortgage Company, LLC 5 6.38% $11,329
MASON MCDUFFIE MORTGAGE CORPORATION 5 6.43% $13,440
Home Mortgage Alliance Corp 4 6.16% $14,372
Performance Financial, Inc. 4 6.50% $14,540
U.S. Bank 4 6.34% $11,512
Cornerstone First Mortgage, Inc 4 5.75% $15,640
PANORAMA MORTGAGE GROUP, LLC 4 5.94% $18,660
PRIMARY RESIDENTIAL MORTGAGE, INC. 4 7.13% $14,439
MORTGAGE SOLUTIONS OF COLORADO, LLC 4 6.78% $10,384
MUTUAL OF OMAHA MORTGAGE, INC. 3 6.88% $16,885
CASTLE & COOKE MORTGAGE, LLC 3 6.58% $13,922
Hometown Equity Mortgage, LLC 3 6.17% $16,887
JPMorgan Chase Bank 3 6.75% $9,972
MID AMERICA MORTGAGE, INC. 3 6.38% $4,515
NETWORK CAPITAL FUNDING CORPORATION 3 6.00% $18,238
OPEN MORTGAGE, LLC 3 6.75% $20,932
S1L, Inc. 3 6.33% $14,459
TOP FLITE FINANCIAL, INC. 3 6.75% $22,551
VERITAS FUNDING, LLC 3 6.25% $15,686
Wells Fargo Bank 2 5.56% $12,256
Waterstone Mortgage Corporation 2 7.00% $14,752
PACIFIC SERVICE 2 6.06% $12,522
Nations Lending Corporation 2 6.63% $17,118
CALCON MUTUAL MORTGAGE LLC 2 6.50% $16,636
Bank of America 2 6.31% $5,994
FBC MORTGAGE, LLC 2 5.94% $25,489
The Federal Savings Bank 2 6.38% $16,084
CHURCHILL MORTGAGE CORPORATION 2 6.19% $14,015
AMERICAN FINANCING CORPORATION 2 5.75% $13,468
Northpointe Bank 1 5.63% $14,986
GEO-CORP, INC. 1 8.25% $18,400
NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.75% $5,774
GENEVA FINANCIAL, LLC 1 7.13% $17,467
ONY GLO, INC. 1 6.50% $14,618
Franklin Loan Corporation 1 5.99% $15,332
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.13% $10,376
FIRST COLONY MORTGAGE CORPORATION 1 5.75% $11,884
EVERETT FINANCIAL, INC. 1 6.75% $13,726
EMM LOANS LLC 1 5.99% $16,645
Plains Commerce Bank 1 6.50% $17,845
COASTAL FUNDING SLC, INC. 1 6.63% $19,639
CENTRAL COAST LENDING, INC. 1 6.25% $11,660
CANOPY MORTGAGE, LLC 1 7.13% $19,054
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.13% $22,705
RANLIFE, INC. 1 4.99% $17,823
RESIDENTIAL BANCORP 1 6.63% $20,004
BETTER MORTGAGE CORPORATION 1 5.88% $19,465
SECURITYNATIONAL MORTGAGE COMPANY 1 6.50% $11,981
Barrington Bank & Trust Company, N.A. 1 7.25% $12,528
SUMMIT FUNDING, INC. 1 6.13% $24,518
T2 FINANCIAL LLC 1 6.75% $11,366
AXIA FINANCIAL, LLC 1 5.75% $19,873
AMERITRUST MORTGAGE CORPORATION 1 5.63% $11,751
TOWNE MORTGAGE COMPANY 1 5.75% $10,375
Umpqua Bank 1 7.00% $11,287
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.99% $12,962
Loan Simple, Inc. 1 7.25% $19,404
American Mortgage & Equity Consultants, Inc. 1 6.13% $9,508
ML Mortgage Corp. 1 6.63% $13,343
MORIA DEVELOPMENT, INC. 1 7.13% $12,219
Mortgage Research Center, LLC 1 6.99% $12,949
MOUNTAIN WEST FINANCIAL, INC. 1 6.75% $14,402
LEADERONE FINANCIAL CORPORATION 1 6.75% $12,875
MOVEMENT MORTGAGE, LLC 1 6.25% $13,795
HomeStreet Bank 1 6.00% $10,665
M&T Bank 1 7.13% $11,874
A&D Mortgage LLC 1 6.50% $18,161
NASA Federal Credit Union 1 5.75% $15,916
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.00% $15,548
AMERICAN FINANCIAL RESOURCES, INC. 1 6.13% $9,320
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.75% $10,604
NMSI, INC. 1 5.75% $25,741

The top Fresno FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 451 FHA loans originated. Their average total fees are $16,287, which is $307 higher than the next largest lender, Century Mortgage Company DBA Century Lending Company.

The lowest fee Fresno FHA lenders (with over 10 loans originated) are ALTITUDE FINANCIAL CORPORATION ($8,653), NEWREZ LLC ($9,719), Lakeview Community Capital, LLC ($9,947), LAKEVIEW LOAN SERVICING, LLC ($10,454) and PLANET HOME LENDING, LLC ($10,521).

The lowest rate Fresno FHA lenders (with over 10 loans originated) are K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. (5.11%), INSPIRE HOME LOANS INC. (5.22%), DHI MORTGAGE COMPANY, LTD. (5.38%), EAGLE HOME MORTGAGE, LLC (5.81%) and KBHS HOME LOANS, LLC (5.90%).

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
2025-03-01 $480,000 (2.4%) $609,425 (-2.2%) 0.00 1,695
Fresno's median listing price for 2025-03-01 was $480,000, a difference of $11,000 (2.4%) versus the prior year and $5,000 versus the prior month.

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

Fresno's average listing price for 2025-03-01 was $609,425, a difference of $-13,618 (-2.2%) versus the prior year and $10,415 versus the prior month.

For the 2025-03-01 period, Fresno had 1,695 MLS listings, a difference of 46 listings (3%) versus the prior month and 489 listings (41%) 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
2025-03-01 0 days 1,854 sqft
Fresno's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

Fresno's median square footage for active listings during the 2025-03-01 period was 1,854 sqft. One year prior, the average listing was 1,909 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).