Los Angeles FHA Loans

Los Angeles-Long Beach-Anaheim, 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.

Los Angeles's 260 lenders originated 21,978 FHA loans during 2021. The total origination value was $10,493,970,000, with an average FHA loan value of $477,476.

Los Angeles FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Los Angeles averaged 4.99% for the week of 2022-08-05, compared to the national average (all FHA variants) of 5.305% for the same period.

The average rate for the prior week (2022-07-29) was 5.14% and one month ago for the week of 2022-07-01, the average rate was 5.72%.

The average rate one year ago was 3.13%.

For refis of the same type during the week of 2022-08-05, the average rate was 5.08%.

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 and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Los Angeles level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
UNITED WHOLESALE MORTGAGE, LLC 1,650 2.71% $15,352
QUICKEN LOANS, LLC 1,401 2.60% $11,754
FREEDOM MORTGAGE CORPORATION 645 2.62% $9,167
BECKAM FUNDING CORP. 534 3.91% $26,256
BROKER SOLUTIONS, INC. 486 3.01% $14,128
OCMBC, INC. 484 2.84% $14,611
LOANDEPOT.COM, LLC 480 2.91% $15,640
CALIBER HOME LOANS, INC. 429 2.71% $13,080
Mr. Cooper ( Nationstar Mortgage ) 404 2.93% $8,136
AMERICAN FINANCIAL NETWORK, INC. 388 2.85% $19,033
HOME POINT FINANCIAL CORPORATION 378 2.67% $13,443
PENNYMAC LOAN SERVICES, LLC 372 2.84% $10,196
Lakeview Community Capital, LLC 362 2.76% $8,065
LAKEVIEW LOAN SERVICING, LLC 352 2.75% $8,666
Carrington Mortgage Services, LLC 304 3.19% $14,378
Equity Prime Mortgage LLC 299 3.04% $16,034
FINANCE OF AMERICA MORTGAGE LLC 290 2.86% $15,754
HOMEBRIDGE FINANCIAL SERVICES, INC. 288 2.76% $13,200
NEWREZ LLC 277 2.82% $11,213
SUN WEST MORTGAGE COMPANY, INC. 248 2.96% $14,814
Paramount Residential Mortgage Group, Inc. 227 2.97% $16,067
Hometown Equity Mortgage, LLC 204 3.05% $17,290
GUILD MORTGAGE COMPANY 198 2.86% $15,796
VILLAGE CAPITAL & INVESTMENT LLC 182 2.56% $5,349
NATIONS DIRECT MORTGAGE, LLC 181 2.96% $15,281
CROSSCOUNTRY MORTGAGE, LLC 154 3.01% $15,805
HOME APPROVALS DIRECT, INC. 147 3.01% $17,381
PLANET HOME LENDING, LLC 143 2.71% $11,227
CAMPOS FINANCIAL CORP. 135 3.08% $16,078
AMERICAN PACIFIC MORTGAGE CORPORATION 130 3.01% $16,942
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 123 3.17% $16,550
CALCULATED RISK ANALYTICS LLC 121 3.10% $14,767
Commerce Home Mortgage, Inc. 115 3.08% $14,417
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 115 3.12% $15,346
Golden Empire Mortgage, Inc. 109 3.11% $17,633
Flagstar Bank, FSB 100 2.86% $14,102
JMJ FINANCIAL GROUP 90 2.89% $18,353
AUGUSTA FINANCIAL, INC. 90 2.85% $14,324
VISION ONE MORTGAGE, INC. 87 3.04% $9,645
MORTGAGE MANAGEMENT CONSULTANTS, INC. 86 3.13% $10,897
PANORAMA MORTGAGE GROUP, LLC 86 3.06% $16,654
First Guaranty Mortgage Corporation 84 2.81% $11,250
AmeriHome Mortgage Company, LLC 82 2.73% $9,396
MOVEMENT MORTGAGE, LLC 73 2.88% $14,844
BAY EQUITY LLC 72 3.04% $15,988
Home Mortgage Alliance Corp 72 2.98% $19,676
GUARANTEED RATE, INC. 72 2.83% $15,321
CMG MORTGAGE, INC. 69 2.92% $18,126
InterContinental Capital Group, Inc 67 2.59% $10,855
AMERISAVE MORTGAGE CORPORATION 64 2.79% $12,438
STEARNS LENDING, LLC 59 2.87% $13,657
HighTechLending Inc 54 2.98% $12,927
MOUNTAIN WEST FINANCIAL, INC. 52 2.97% $16,017
ARK-LA-TEX FINANCIAL SERVICES, LLC. 52 2.75% $14,145
CELEBRITY HOME LOANS, LLC 52 3.04% $14,844
WALL FINANCIAL, INC. 52 2.83% $17,864
ALAMEDA MORTGAGE CORPORATION 49 2.95% $14,262
WESTERN EXPRESS LENDING 48 2.57% $13,536
Barrington Bank & Trust Company, N.A. 47 3.11% $14,786
DRAPER AND KRAMER MORTGAGE CORP. 44 3.08% $13,723
KBHS HOME LOANS, LLC 42 2.85% $16,798
PRIMELENDING, A PLAINSCAPITAL COMPANY 42 2.94% $16,795
RESIDENTIAL BANCORP. 39 3.04% $18,417
ML Mortgage Corp. 38 2.95% $16,545
BEST CAPITAL FUNDING 37 3.02% $16,528
Sierra Pacific Mortgage Company, Inc. 37 2.86% $14,449
Franklin Loan Corporation 37 3.08% $15,914
AHL FUNDING 36 3.17% $19,624
DIGNIFIED HOME LOANS, LLC 35 2.89% $13,394
NMSI, INC. 33 2.96% $18,206
United Fidelity Funding Corp. 33 2.93% $14,433
HOMEAMERICAN MORTGAGE CORPORATION 33 2.72% $8,607
CIT Bank 32 2.82% $17,911
MEGA CAPITAL FUNDING, INC. 31 2.67% $17,506
INTERNATIONAL CITY MORTGAGE, INC. 30 3.07% $16,536
PLAZA HOME MORTGAGE, INC. 30 2.76% $14,979
First Standard Financial Corp. 28 3.03% $17,725
LENDING 3, INC. 28 3.27% $14,578
LADERA LENDING, INC. 27 2.94% $12,309
LENDUS, LLC 27 2.72% $18,369
DATA MORTGAGE, INC. 27 3.25% $17,976
iCore Lending, Inc. 24 2.92% $19,971
Hometown Lenders, Inc. 24 2.99% $17,855
The Federal Savings Bank 22 2.66% $14,489
SECURITYNATIONAL MORTGAGE COMPANY 22 3.01% $17,170
EAGLE HOME MORTGAGE, LLC 21 3.06% $17,249
MUTUAL OF OMAHA MORTGAGE, INC. 21 2.68% $12,669
SOVEREIGN LENDING GROUP INCORPORATED 20 2.79% $11,517
SUMMIT FUNDING, INC. 20 3.15% $17,133
MID AMERICA MORTGAGE, INC. 20 2.86% $5,533
MLD MORTGAGE INC. 20 2.88% $14,313
ONY GLO, INC. 20 2.75% $14,664
OPEN MORTGAGE, LLC 19 2.68% $14,649
LOANPAL, LLC 18 2.75% $13,240
AMERIFIRST FINANCIAL CORPORATION 18 3.26% $19,366
JPMorgan Chase Bank 17 2.99% $12,576
INSPIRE HOME LOANS INC. 17 2.83% $17,444
MUFG Union Bank 16 2.70% $14,538
PRIMUS LENDING CORP. 16 2.91% $21,975
INTELLILOAN, INC. 16 2.86% $11,534
GUARANTEED RATE AFFINITY, LLC 16 2.82% $17,944
JMAC LENDING, INC. 15 2.91% $16,463
FIRST CENTENNIAL MORTGAGE CORPORATION 15 2.53% $21,479
U.S. Bank 15 2.83% $15,551
MASON MCDUFFIE MORTGAGE CORPORATION 15 2.88% $14,009
TOP FLITE FINANCIAL, INC. 15 3.13% $24,233
MICHIGAN MUTUAL, INC. 14 2.87% $14,848
EMBRACE HOME LOANS, INC. 14 2.63% $13,128
Nations Lending Corporation 14 3.30% $17,348
GEO-CORP, INC. 14 2.81% $15,770
GENEVA FINANCIAL, LLC 13 2.90% $16,642
CORNERSTONE HOME LENDING, INC. 13 3.17% $18,046
ST FIN CORP 12 3.06% $19,882
South Pacific Financial Corporation 12 2.82% $16,176
Century Mortgage Company DBA Century Lending Company 12 2.66% $15,186
Prime Choice Funding Inc. 12 2.71% $10,711
NFM, INC. 11 3.02% $17,647
EVERETT FINANCIAL, INC. 11 3.25% $11,493
NETWORK CAPITAL FUNDING CORPORATION 10 3.18% $17,256
Watermark Capital, Inc. 10 2.78% $16,614
PARKSIDE LENDING, LLC 10 2.76% $11,587
AXIA FINANCIAL, LLC 9 2.89% $14,240
Bank of America 9 3.10% $13,036
DEL SUR CORPORATION 9 3.06% $13,817
ACADEMY MORTGAGE CORPORATION 9 2.89% $18,509
LOANLEADERS OF AMERICA, INC. 9 2.68% $9,722
Manufacturers and Traders Trust Company 8 2.84% $11,174
MORTGAGE SOLUTIONS OF COLORADO, LLC 7 3.29% $21,993
CONTOUR MORTGAGE CORPORATION 7 2.64% $22,035
MORTGAGE CAPITAL PARTNERS, INC. 7 2.61% $16,559
IAPPROVE LENDING 6 2.63% $12,958
Residential Mortgage Solutions, Inc. 6 2.31% $9,669
FBC MORTGAGE, LLC 6 2.90% $14,489
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 6 3.19% $20,471
LENOX FINANCIAL MORTGAGE CORPORATION 6 2.56% $11,375
DAS Acquisition Company, LLC 6 3.21% $17,360
BRIDGELOCK CAPITAL 6 2.81% $18,547
MORIA DEVELOPMENT, INC. 6 2.85% $21,928
UNITED SECURITY FINANCIAL CORP 6 2.77% $5,784
PRIMARY RESIDENTIAL MORTGAGE, INC. 6 3.17% $19,305
CANOPY MORTGAGE, LLC 5 2.30% $18,078
Peoples Bank 5 2.83% $15,060
ZILLOW HOME LOANS, LLC 5 2.83% $11,085
CHURCHILL MORTGAGE CORPORATION 5 2.57% $14,014
CHERRY CREEK MORTGAGE, LLC 5 2.65% $6,892
Strong Home Mortgage, LLC 5 2.73% $5,954
VAN DYK MORTGAGE CORPORATION 5 3.20% $12,590
NEXERA HOLDING LLC 5 2.83% $14,341
ARC HOME LLC 4 2.90% $10,817
Amerifirst Financial, Inc. 4 3.34% $16,668
HOME FUNDING CORPORATION 4 2.84% $25,692
BEST FINANCE CAPITAL, INC. 4 2.97% $15,278
ROUNDPOINT MORTGAGE SERVICING CORPORATION 4 3.13% $14,319
BAYSHORE MORTGAGE FUNDING, LLC 4 3.00% $14,739
LAND HOME FINANCIAL SERVICES, INC. 4 2.84% $11,387
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 4 3.31% $14,792
Platinum Home Mortgage Corporation 4 3.12% $20,031
HOMESIDE FINANCIAL, LLC 4 2.97% $12,189
DHI MORTGAGE COMPANY, LTD. 4 2.63% $16,576
RESIDENTIAL WHOLESALE MORTGAGE, INC. 4 2.56% $13,549
PHH Mortgage Corporation 4 3.03% $10,371
Goldwater Bank, N.A. 4 3.13% $20,014
Summit Mortgage Corporation 4 2.78% $14,968
The Home Loan Expert LLC 4 2.72% $15,618
MK LENDING CORP. 4 2.66% $15,145
Bank of England 4 3.00% $20,998
ABSOLUTE HOME MORTGAGE CORPORATION 3 2.63% $9,049
AMERICAN FINANCIAL RESOURCES, INC. 3 2.83% $9,579
Bank of the West 3 3.63% $13,350
CHOICE LENDING CORP. 3 2.54% $11,226
CLEARPATH LENDING 3 2.83% $6,819
DIRECT MORTGAGE, CORP. 3 2.63% $23,636
ENVOY MORTGAGE, LTD 3 3.08% $20,223
GoPrime Mortgage, Inc. 3 2.96% $21,277
HOMEOWNERS FIRST MORTGAGE, LLC 3 3.25% $16,716
HomeStreet Bank 3 2.88% $14,615
NEW WEST LENDING, INC. 3 2.50% $12,898
PREMIER LENDING, INC. 3 3.08% $14,820
PREMIER MORTGAGE RESOURCES, L.L.C. 3 3.33% $16,498
RANLIFE, INC. 3 2.79% $17,618
Wells Fargo Bank 3 3.29% $14,544
NP, Inc. 2 2.69% $21,456
NuVision Federal Credit Union 2 2.69% $13,352
OCEANSIDE MORTGAGE COMPANY 2 2.50% $6,603
Neighborhood Loans, Inc. 2 2.31% $16,783
Paramount Bank 2 2.69% $10,715
Mortgage Research Center, LLC 2 3.25% $14,075
PARTNERS UNITED FINANCIAL, LLC 2 2.87% $13,871
KINECTA 2 3.38% $9,550
ALL WESTERN MORTGAGE, INC. 2 3.19% $18,148
GRANDE HOMES, INC. 2 3.13% $10,143
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 2.88% $16,364
Colten Mortgage, LLC 2 2.56% $13,232
COASTAL FUNDING SLC, INC. 2 2.88% $12,275
CITY FIRST MORTGAGE SERVICES, L.L.C. 2 3.38% $16,908
Texana Bank 2 2.56% $11,061
Citizens Bank 2 3.00% $12,370
TJC Mortgage, Inc. 2 2.50% $13,148
CAPSTONE DIRECT, INC. 2 2.25% $10,459
CALCON MUTUAL MORTGAGE LLC 2 2.69% $22,886
US MORTGAGE CORPORATION 2 2.38% $18,190
ANGEL OAK HOME LOANS LLC 2 2.81% $11,788
Ameris Bank 2 2.44% $14,735
AMERICAN FINANCING CORPORATION 2 2.75% $14,270
AMCAP MORTGAGE, LTD. 2 2.81% $15,406
Waterstone Mortgage Corporation 2 3.13% $21,834
NEW WAVE LENDING GROUP INC 2 2.69% $15,704
NOVA FINANCIAL & INVESTMENT CORPORATION 2 3.75% $11,592
Prosperity Home Mortgage, LLC 1 3.13% $19,846
BNB FINANCIAL INC. 1 3.00% $14,225
Wyndham Capital Mortgage, Inc. 1 2.50% $8,902
RELIANCE FIRST CAPITAL, LLC 1 2.50% $19,972
Reliant Bank 1 3.13% $14,383
GOLDEN WEST ALLIANCE, INC. 1 3.25% $17,429
Florida Capital Bank 1 2.88% $12,550
FIRST NATIONS HOME FINANCE CORPORATION 1 3.00% $21,168
First Mortgage Solutions, LLC 1 2.75% $12,680
S1L, Inc. 1 3.75% $23,325
First Federal Bank 1 3.75% $19,134
Shea Mortgage Inc. 1 2.75% $12,573
FIRST COMMUNITY MORTGAGE, INC. 1 3.13% $7,615
SNAPFI, INC. 1 3.13% $4,499
First Bank 1 2.63% $21,595
FAMILY FIRST FUNDING LLC 1 2.50% $20,511
Evolve Bank & Trust 1 3.13% $13,043
BETTER MORTGAGE CORPORATION 1 2.88% $17,779
Colonial Savings, F.A. 1 2.75% $22,559
BELEM SERVICING LLC 1 2.50% $8,336
CITYWIDE HOME LOANS, LLC 1 2.99% $13,570
Sunflower Bank 1 2.88% $11,653
WALL STREET MORTGAGE BANKERS, LTD. 1 3.25% $18,281
SWBC MORTGAGE CORPORATION 1 3.75% $15,150
Banner Bank 1 2.25% $11,267
VERITAS FUNDING, LLC 1 2.25% $11,418
CIS Financial Services, Inc. 1 2.88% $6,977
OAKTREE FUNDING CORP. 1 2.75% $14,231
THRIVE MORTGAGE, LLC 1 3.25% $13,563
Northpointe Bank 1 2.75% $14,779
NBKC BANK 1 2.75% $13,084
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.00% $19,584
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 3.13% $24,051
NATIONS RELIABLE LENDING, LLC 1 3.13% $26,489
North American Savings Bank, F.S.B. 1 2.38% $16,727
TOTAL MORTGAGE SERVICES, LLC 1 3.25% $7,520
MORTGAGE 2000, INC. 1 2.99% $9,033
TOWNE MORTGAGE COMPANY 1 3.25% $24,049
MEGASTAR FINANCIAL CORP. 1 3.00% $24,329
Magnolia Bank 1 3.13% $16,955
Low VA Rates, LLC 1 2.50% $6,657
Plains Commerce Bank 1 2.75% $15,592
Loan Simple, Inc. 1 2.25% $18,112
Lend Smart Mortgage, LLC 1 2.50% $11,523
TruHome Solutions, LLC 1 2.75% $19,743
Truist Bank 1 3.13% $6,867
WINNPOINTE CORPORATION 1 3.13% $5,760
ISERVE RESIDENTIAL LENDING, LLC 1 3.25% $23,701
INTERCAP LENDING INC. 1 3.13% $12,914
GSF Mortgage Corporation 1 3.25% $10,461
A&D Mortgage LLC 1 3.13% $17,011
Princeton Mortgage Corporation 1 3.25% $17,712

The top Los Angeles FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 1,650 FHA loans originated. Their average total fees are $15,352, which is $3,598 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Los Angeles FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL & INVESTMENT LLC ($5,349), MID AMERICA MORTGAGE, INC. ($5,533), Lakeview Community Capital, LLC ($8,065), Mr. Cooper ( Nationstar Mortgage ) ($8,136) and HOMEAMERICAN MORTGAGE CORPORATION ($8,607).

The lowest rate Los Angeles FHA lenders (with over 10 loans originated) are FIRST CENTENNIAL MORTGAGE CORPORATION (2.53%), VILLAGE CAPITAL & INVESTMENT LLC (2.56%), WESTERN EXPRESS LENDING (2.57%), InterContinental Capital Group, Inc (2.59%) and QUICKEN LOANS, LLC (2.60%).

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

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Los Angeles (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
2022-02-01 $928,500 (-7.2%) $2,473,989 (0.6%) 2.37 6,616
2022-03-01 $949,950 (-5.0%) $2,411,312 (-1.8%) 2.35 7,081
2022-04-01 $950,000 (-3.9%) $2,321,213 (-2.1%) 2.24 7,695
2022-05-01 $972,000 (1.4%) $2,209,784 (-3.2%) 2.17 10,256
2022-06-01 $975,000 (2.1%) $2,122,610 (-5.9%) 2.17 12,266
Los Angeles's median listing price for 2022-06-01 was $975,000, a difference of $20,000 (2.1%) versus the prior year and $3,000 versus the prior month.

Los Angeles's median listing price comes in at 217% of the national average.

Los Angeles's average listing price for 2022-06-01 was $2,122,610, a difference of $-132,398 (-5.9%) versus the prior year and $-87,174 versus the prior month.

For the 2022-06-01 period, Los Angeles had 12,266 MLS listings, a difference of 2,010 listings (20%) versus the prior month and 2,053 listings (20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Los Angeles (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
2022-02-01 29 days 1,711 sqft
2022-03-01 28 days 1,730 sqft
2022-04-01 28 days 1,744 sqft
2022-05-01 25 days 1,740 sqft
2022-06-01 29 days 1,747 sqft
Los Angeles's median listing age (time on market) for 2022-06-01 was 29 days. This is -14% shorter than the same period one year ago.

Los Angeles's median square footage for active listings during the 2022-06-01 period was 1,747 sqft. One year prior, the average listing was 1,797 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).