Los Angeles FHA Loan Rates, Closing Costs & Stats

Los Angeles-Long Beach-Anaheim, 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.

    Los Angeles's 197 lenders originated 10,219 FHA loans during 2024. The total origination value was $6,468,765,000, with an average FHA loan value of $633,014.

    Los Angeles FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Los Angeles averaged 0.46% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

    Los Angeles's average FHA mortgage closing costs are $16,190.

    The average rate for the prior week (2025-06-13) was 7.04% and one month ago for the week of 2025-05-16, the average rate was 6.9%.

    The average rate one year ago was 6.76%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.02%.

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

    Los Angeles 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 Los Angeles level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 2,043 6.05% $23,773
    QUICKEN LOANS, LLC 962 6.12% $21,530
    OCMBC, INC. 675 6.26% $23,137
    PENNYMAC LOAN SERVICES, LLC 213 5.89% $22,815
    Paramount Residential Mortgage Group, Inc. 213 6.33% $22,430
    GEO-CORP, INC. 195 7.24% $34,521
    LOANDEPOT.COM, LLC 168 5.96% $21,978
    FREEDOM MORTGAGE CORPORATION 166 6.19% $21,486
    BROKER SOLUTIONS, INC. 156 6.52% $21,136
    AMERICAN FINANCIAL NETWORK, INC. 137 6.37% $24,352
    SUN WEST MORTGAGE COMPANY, INC. 117 6.16% $24,501
    CROSSCOUNTRY MORTGAGE, LLC 99 6.36% $23,106
    AHL FUNDING 96 6.51% $30,832
    OPEN MORTGAGE, LLC 93 6.58% $31,743
    Century Mortgage Company DBA Century Lending Company 92 6.08% $22,928
    CAMPOS FINANCIAL CORP. 82 6.31% $20,327
    AUGUSTA FINANCIAL, INC. 82 6.20% $19,202
    NATIONS DIRECT MORTGAGE, LLC 82 6.21% $23,033
    VILLAGE CAPITAL MORTGAGE 81 6.26% $11,809
    NEWREZ LLC 78 6.19% $24,126
    BECKAM FUNDING CORP. 76 7.12% $32,692
    BAY-VALLEY MORTGAGE GROUP 71 6.40% $24,937
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 70 6.32% $21,195
    Equity Prime Mortgage LLC 70 6.47% $22,901
    EAGLE HOME MORTGAGE, LLC 64 5.48% $22,253
    CMG MORTGAGE, INC. 61 6.13% $25,230
    Flagstar Bank, FSB 60 6.23% $20,977
    Sierra Pacific Mortgage Company, Inc. 57 6.11% $23,827
    AMERICAN PACIFIC MORTGAGE CORPORATION 51 6.32% $26,549
    GUARANTEED RATE, INC. 51 6.09% $23,069
    KBHS HOME LOANS, LLC 50 5.73% $20,995
    Hometown Equity Mortgage, LLC 50 6.10% $25,597
    Performance Financial, Inc. 49 6.42% $27,695
    Mr. Cooper ( Nationstar Mortgage ) 49 6.25% $19,425
    MOVEMENT MORTGAGE, LLC 48 6.21% $24,146
    GUILD MORTGAGE COMPANY 47 6.20% $24,492
    ML Mortgage Corp. 45 6.33% $22,395
    Golden Empire Mortgage, Inc. 45 6.48% $26,371
    JMAC LENDING, INC. 44 6.09% $21,891
    JMJ FINANCIAL GROUP 44 6.26% $22,923
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 44 6.35% $25,293
    DHI MORTGAGE COMPANY, LTD. 43 5.25% $14,075
    PLAZA HOME MORTGAGE, INC. 40 6.41% $25,346
    Carrington Mortgage Services, LLC 39 6.21% $25,307
    HOMEAMERICAN MORTGAGE CORPORATION 37 5.17% $13,473
    The Loan Store, Inc. 37 6.23% $25,120
    HOMEBRIDGE FINANCIAL SERVICES, INC. 37 6.27% $18,462
    LAKEVIEW LOAN SERVICING, LLC 35 6.13% $12,660
    Lakeview Community Capital, LLC 34 6.10% $11,956
    First-Citizens Bank & Trust Company 34 5.62% $19,144
    MORTGAGE CAPITAL PARTNERS, INC. 33 6.12% $22,760
    LAND HOME FINANCIAL SERVICES, INC. 31 7.32% $25,467
    ST FIN CORP 31 6.16% $26,275
    VISION ONE MORTGAGE, INC. 29 6.36% $15,267
    PLANET HOME LENDING, LLC 28 5.82% $13,593
    INTELLILOAN, INC. 28 6.00% $17,887
    FIRST COLONY MORTGAGE CORPORATION 25 6.14% $18,869
    LOANPAL, LLC 25 5.65% $21,725
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 23 5.23% $16,091
    MK LENDING CORP. 23 6.28% $26,049
    JPMorgan Chase Bank 22 6.40% $12,505
    AMERITRUST MORTGAGE CORPORATION 22 6.28% $22,683
    ZILLOW HOME LOANS, LLC 22 6.08% $22,062
    HighTechLending Inc 22 6.17% $20,267
    NEW WAVE LENDING GROUP INC 22 6.38% $25,605
    Franklin Loan Corporation 21 6.18% $24,283
    MORTGAGE MANAGEMENT CONSULTANTS, INC. 21 6.78% $18,273
    Home Mortgage Alliance Corp 21 6.68% $23,599
    U.S. Bank 20 6.20% $20,531
    DATA MORTGAGE, INC. 20 6.03% $15,434
    Barrington Bank & Trust Company, N.A. 19 6.24% $18,651
    SECURITYNATIONAL MORTGAGE COMPANY 18 6.23% $30,860
    MUTUAL OF OMAHA MORTGAGE, INC. 17 6.30% $25,259
    NFM, INC. 17 5.47% $21,744
    PHH Mortgage Corporation 16 5.55% $14,022
    PRIMELENDING, A PLAINSCAPITAL COMPANY 15 6.28% $25,806
    GUARANTEED RATE AFFINITY, LLC 14 6.43% $19,936
    Wells Fargo Bank 13 6.02% $18,264
    MLD MORTGAGE INC. 12 5.93% $23,011
    AmeriHome Mortgage Company, LLC 12 6.46% $16,905
    PANORAMA MORTGAGE GROUP, LLC 12 6.30% $26,600
    AMERISAVE MORTGAGE CORPORATION 11 6.30% $23,655
    INSPIRE HOME LOANS INC. 11 5.39% $16,521
    LADERA LENDING, INC. 10 5.96% $21,808
    ONY GLO, INC. 10 6.06% $22,532
    Pacific Lending LLC 10 6.36% $17,001
    EVERETT FINANCIAL, INC. 10 6.50% $22,638
    CHURCHILL MORTGAGE CORPORATION 10 6.36% $20,976
    CARDINAL FINANCIAL 9 6.15% $26,166
    American Mortgage & Equity Consultants, Inc. 9 6.50% $26,914
    NETWORK CAPITAL FUNDING CORPORATION 9 6.22% $24,356
    UNION HOME MORTGAGE CORP. 9 6.13% $24,388
    BAY EQUITY LLC 9 6.37% $18,304
    ALAMEDA MORTGAGE CORPORATION 9 6.01% $19,676
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 9 5.90% $22,124
    RESIDENTIAL BANCORP 9 6.07% $27,427
    NMSI, INC. 9 6.03% $25,445
    Bank of America 8 5.70% $28,633
    SCHOOLSFIRST 8 6.59% $16,847
    Commerce Home Mortgage, Inc. 7 6.36% $25,342
    MORTGAGE SOLUTIONS OF COLORADO, LLC 7 6.36% $30,206
    AXIA FINANCIAL, LLC 7 5.95% $23,254
    ENVOY MORTGAGE, LTD 7 6.54% $26,255
    Prosperity Home Mortgage, LLC 7 5.87% $27,397
    Cornerstone First Mortgage, Inc 6 6.25% $23,109
    First Standard Financial Corp. 6 5.88% $23,168
    NBKC BANK 5 6.05% $15,214
    MICHIGAN MUTUAL, INC. 5 6.45% $27,955
    S1L, Inc. 5 6.63% $20,607
    PREMIER MORTGAGE RESOURCES, L.L.C. 5 6.62% $23,926
    PRIMUS LENDING CORP. 5 6.58% $34,365
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 4 6.21% $26,908
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 6.84% $19,556
    The Federal Savings Bank 4 6.25% $30,523
    NATIONWIDE MORTGAGE BANKERS, INC. 4 6.56% $24,000
    PRIMARY RESIDENTIAL MORTGAGE, INC. 4 6.34% $25,203
    DIGNIFIED HOME LOANS, LLC 4 6.09% $21,737
    MASON MCDUFFIE MORTGAGE CORPORATION 4 6.65% $19,372
    MORTGAGEONE, INC. 4 6.44% $22,178
    GENEVA FINANCIAL, LLC 3 6.33% $34,581
    FBC MORTGAGE, LLC 3 6.08% $24,527
    TOP FLITE FINANCIAL, INC. 3 6.67% $29,305
    PACIFIC RESIDENTIAL MORTGAGE, LLC 3 6.25% $16,993
    TJC Mortgage, Inc. 3 6.33% $34,592
    HOMEXPRESS MORTGAGE CORP. 3 6.08% $24,600
    NuVision Federal Credit Union 3 6.29% $20,404
    BM Real Estate Services, Inc. 3 5.75% $23,839
    ALTITUDE FINANCIAL CORPORATION 3 5.63% $15,245
    TruHome Solutions, LLC 3 6.29% $24,598
    WALL FINANCIAL, INC. 3 6.13% $22,763
    MOUNTAIN WEST FINANCIAL, INC. 3 6.42% $19,311
    Watermark Capital, Inc. 3 6.38% $22,809
    LOANLEADERS OF AMERICA, INC. 3 6.17% $18,317
    CORNERSTONE HOME LENDING, INC. 3 7.04% $21,333
    South Pacific Financial Corporation 3 6.08% $21,480
    Encompass Lending Group, LP 3 7.00% $27,863
    SUMMIT FUNDING, INC. 2 7.00% $24,662
    AMERICAN FINANCIAL RESOURCES, INC. 2 7.19% $30,899
    AMERICAN FINANCING CORPORATION 2 5.63% $19,013
    Ameris Bank 2 6.19% $16,620
    BMO Harris Bank 2 6.44% $23,697
    CALCON MUTUAL MORTGAGE LLC 2 6.44% $24,305
    Evolve Bank & Trust 2 5.69% $12,462
    Goldwater Bank, N.A. 2 6.25% $25,351
    Keystone Funding, Inc. 2 6.31% $21,813
    MID AMERICA MORTGAGE, INC. 2 6.94% $10,940
    Nations Lending Corporation 2 6.44% $25,212
    NEW DAY FINANCIAL, LLC 2 7.87% $3,836
    OCEANSIDE MORTGAGE COMPANY 2 5.87% $11,977
    Plains Commerce Bank 2 6.88% $23,169
    RANLIFE, INC. 2 6.06% $16,456
    1ST 2ND MORTGAGE COMPANY OF N.J., INC. 2 6.50% $22,923
    Summit Mortgage Corporation 2 5.88% $21,033
    The Dart Bank 2 5.94% $18,573
    Vellum Mortgage, Inc. 2 6.38% $27,100
    OAKTREE FUNDING CORP. 1 6.63% $21,161
    NORWICH COMMERCIAL GROUP, INC. 1 5.75% $18,175
    Northpointe Bank 1 5.38% $7,276
    RADIUS FINANCIAL GROUP INC. 1 6.63% $15,174
    CANOPY MORTGAGE, LLC 1 6.25% $20,347
    NEXERA HOLDING LLC 1 6.13% $15,040
    Residential Mortgage Solutions, Inc. 1 5.75% $21,369
    MY MORTGAGE, INC. 1 6.25% $12,835
    RMS & Associates 1 5.88% $21,446
    Mortgage Research Center, LLC 1 6.25% $17,732
    MORIA DEVELOPMENT, INC. 1 6.25% $12,557
    MLB RESIDENTIAL LENDING, LLC 1 6.38% $29,962
    Shea Mortgage Inc. 1 6.00% $16,277
    MEGASTAR FINANCIAL CORP. 1 6.25% $18,709
    SNAPFI, INC. 1 6.63% $23,454
    LEADERONE FINANCIAL CORPORATION 1 6.50% $23,104
    INTERCOASTAL MORTGAGE COMPANY 1 6.25% $7,520
    BETTER MORTGAGE CORPORATION 1 5.63% $18,850
    Arvest Bank 1 5.88% $16,968
    Sunflower Bank 1 7.50% $16,396
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 5.50% $15,598
    ALLIED MORTGAGE GROUP, INC. 1 6.50% $17,307
    Florida Capital Bank 1 6.00% $23,235
    First Federal Bank 1 5.75% $28,581
    Financial Partners Credit Union 1 6.13% $12,782
    FEDERATED MORTGAGE CORP. 1 6.25% $6,396
    TOWNE MORTGAGE COMPANY 1 5.63% $27,486
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.25% $28,675
    EMM LOANS LLC 1 5.50% $17,320
    East Coast Capital Corp. 1 6.63% $19,630
    UNIVERSAL LENDING CORPORATION 1 4.75% $5,805
    CITYWIDE HOME LOANS, LLC 1 6.13% $18,938
    US MORTGAGE CORPORATION 1 6.25% $23,673
    Zions Bank 1 6.13% $17,081
    City Lending Inc. 1 7.75% $26,436
    V.I.P. MORTGAGE, INC. 1 5.75% $19,459
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.13% $22,855
    PREMIA MORTGAGE, LLC 1 6.75% $21,455
    PENTAGON FEDERAL CREDIT UNION 1 6.25% $19,572
    Presidential Bank, FSB 1 6.25% $32,136
    ON Q FINANCIAL, INC. 1 6.75% $24,662
    Old National Bank 1 5.25% $23,260

    The top Los Angeles FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 2,043 FHA loans originated. Their average total fees are $23,773, which is $2,243 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Los Angeles FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($11,809), Lakeview Community Capital, LLC ($11,956), JPMorgan Chase Bank ($12,505), LAKEVIEW LOAN SERVICING, LLC ($12,660) and HOMEAMERICAN MORTGAGE CORPORATION ($13,473).

    The lowest rate Los Angeles FHA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION (5.17%), K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. (5.23%), DHI MORTGAGE COMPANY, LTD. (5.25%), INSPIRE HOME LOANS INC. (5.39%) and NFM, INC. (5.47%).

    Los Angeles FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    LOS ANGELES-LONG BEACH-ANAHEIM, CA LOS ANGELES 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
    LOS ANGELES-LONG BEACH-ANAHEIM, CA ORANGE 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
    LOS ANGELES-LONG BEACH-ANAHEIM, CA LOS ANGELES 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
    LOS ANGELES-LONG BEACH-ANAHEIM, CA ORANGE 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200

    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).