Los Angeles FHA Loans

LOS ANGELES-LONG BEACH-GLENDALE, 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 254 lenders originated 18,277 FHA loans during 2021. The total origination value was $8,632,625,000, with an average FHA loan value of $472,322.

Los Angeles FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Los Angeles averaged 4.35% 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 4.57% and one month ago for the week of 2022-02-18, the average rate was 4.09%.

The average rate one year ago was 3.33%.

For refis of the same type during the week of 2022-03-25, the average rate was 4.24%.

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 1,366 2.71% $15,318
QUICKEN LOANS, LLC 1,145 2.61% $11,744
FREEDOM MORTGAGE CORPORATION 536 2.62% $9,019
BECKAM FUNDING CORP. 513 3.91% $26,192
OCMBC, INC. 433 2.83% $14,641
BROKER SOLUTIONS, INC. 414 3.00% $13,967
LOANDEPOT.COM, LLC 388 2.93% $15,543
CALIBER HOME LOANS, INC. 347 2.71% $13,019
Mr. Cooper ( Nationstar Mortgage ) 338 2.94% $7,977
AMERICAN FINANCIAL NETWORK, INC. 338 2.84% $18,873
Lakeview Community Capital, LLC 323 2.78% $7,941
PENNYMAC LOAN SERVICES, LLC 322 2.83% $9,917
HOME POINT FINANCIAL CORPORATION 313 2.70% $13,520
LAKEVIEW LOAN SERVICING, LLC 269 2.76% $8,335
Equity Prime Mortgage LLC 264 3.02% $15,805
Carrington Mortgage Services, LLC 263 3.19% $13,911
HOMEBRIDGE FINANCIAL SERVICES, INC. 252 2.77% $13,105
NEWREZ LLC 239 2.84% $11,015
FINANCE OF AMERICA MORTGAGE LLC 238 2.88% $15,689
SUN WEST MORTGAGE COMPANY, INC. 218 2.96% $14,793
Paramount Residential Mortgage Group, Inc. 201 3.01% $15,940
Hometown Equity Mortgage, LLC 193 3.06% $17,057
GUILD MORTGAGE COMPANY 178 2.87% $15,950
NATIONS DIRECT MORTGAGE, LLC 160 2.96% $14,678
VILLAGE CAPITAL & INVESTMENT LLC 152 2.57% $5,209
CAMPOS FINANCIAL CORP. 134 3.08% $16,085
PLANET HOME LENDING, LLC 120 2.71% $11,061
HOME APPROVALS DIRECT, INC. 120 3.00% $16,131
CROSSCOUNTRY MORTGAGE, LLC 119 3.06% $15,528
AMERICAN PACIFIC MORTGAGE CORPORATION 116 3.00% $16,768
CALCULATED RISK ANALYTICS LLC 107 3.12% $14,837
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 104 3.20% $16,976
Commerce Home Mortgage, Inc. 99 3.10% $14,289
Golden Empire Mortgage, Inc. 98 3.14% $17,502
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 96 3.12% $14,831
AUGUSTA FINANCIAL, INC. 89 2.86% $14,303
MORTGAGE MANAGEMENT CONSULTANTS, INC. 86 3.13% $10,897
PANORAMA MORTGAGE GROUP, LLC 83 3.06% $16,686
JMJ FINANCIAL GROUP 82 2.90% $18,105
Flagstar Bank, FSB 77 2.88% $14,706
VISION ONE MORTGAGE, INC. 72 3.02% $9,221
BAY EQUITY LLC 71 3.04% $16,052
First Guaranty Mortgage Corporation 71 2.79% $10,767
AmeriHome Mortgage Company, LLC 71 2.75% $8,993
MOVEMENT MORTGAGE, LLC 69 2.88% $15,119
Home Mortgage Alliance Corp 60 3.01% $19,339
GUARANTEED RATE, INC. 58 2.84% $15,751
InterContinental Capital Group, Inc 54 2.58% $10,620
AMERISAVE MORTGAGE CORPORATION 54 2.82% $11,881
HighTechLending Inc 52 3.00% $12,879
STEARNS LENDING, LLC 50 2.84% $13,929
WALL FINANCIAL, INC. 49 2.82% $17,879
ALAMEDA MORTGAGE CORPORATION 47 2.94% $14,274
Barrington Bank & Trust Company, N.A. 45 3.10% $14,622
ARK-LA-TEX FINANCIAL SERVICES, LLC. 45 2.77% $14,178
CMG MORTGAGE, INC. 44 2.91% $18,004
DRAPER AND KRAMER MORTGAGE CORP. 44 3.08% $13,723
MOUNTAIN WEST FINANCIAL, INC. 42 2.98% $15,294
KBHS HOME LOANS, LLC 39 2.87% $16,744
CELEBRITY HOME LOANS, LLC 37 3.05% $15,042
PRIMELENDING, A PLAINSCAPITAL COMPANY 34 2.94% $17,015
ML Mortgage Corp. 34 2.97% $16,273
United Fidelity Funding Corp. 33 2.93% $14,433
RESIDENTIAL BANCORP. 33 3.03% $18,269
HOMEAMERICAN MORTGAGE CORPORATION 33 2.72% $8,607
BEST CAPITAL FUNDING 31 3.07% $17,432
DIGNIFIED HOME LOANS, LLC 30 2.97% $14,262
Sierra Pacific Mortgage Company, Inc. 30 2.88% $14,629
NMSI, INC. 30 2.94% $18,298
AHL FUNDING 29 3.21% $19,394
PLAZA HOME MORTGAGE, INC. 28 2.73% $15,031
MEGA CAPITAL FUNDING, INC. 28 2.64% $17,451
CIT Bank 28 2.81% $17,759
WESTERN EXPRESS LENDING 27 2.53% $12,264
INTERNATIONAL CITY MORTGAGE, INC. 26 3.11% $16,255
Franklin Loan Corporation 25 3.06% $15,395
First Standard Financial Corp. 25 3.02% $17,777
LENDUS, LLC 24 2.69% $18,338
SECURITYNATIONAL MORTGAGE COMPANY 22 3.01% $17,170
LENDING 3, INC. 22 3.28% $14,465
iCore Lending, Inc. 21 2.89% $18,831
MLD MORTGAGE INC. 20 2.88% $14,313
The Federal Savings Bank 19 2.61% $14,627
DATA MORTGAGE, INC. 18 3.42% $18,085
EAGLE HOME MORTGAGE, LLC 18 3.06% $16,971
MID AMERICA MORTGAGE, INC. 18 2.82% $5,787
SUMMIT FUNDING, INC. 16 3.18% $16,711
AMERIFIRST FINANCIAL CORPORATION 16 3.25% $18,975
JPMorgan Chase Bank 16 3.01% $11,897
MUTUAL OF OMAHA MORTGAGE, INC. 16 2.70% $12,900
OPEN MORTGAGE, LLC 16 2.66% $14,960
PRIMUS LENDING CORP. 16 2.91% $21,975
SOVEREIGN LENDING GROUP INCORPORATED 15 2.84% $11,192
LOANPAL, LLC 15 2.79% $12,881
ONY GLO, INC. 15 2.76% $14,766
INTELLILOAN, INC. 15 2.90% $11,798
EMBRACE HOME LOANS, INC. 14 2.63% $13,128
INSPIRE HOME LOANS INC. 14 2.85% $18,356
GEO-CORP, INC. 14 2.81% $15,770
Hometown Lenders, Inc. 14 3.06% $15,564
FIRST CENTENNIAL MORTGAGE CORPORATION 14 2.54% $21,880
LADERA LENDING, INC. 14 2.96% $10,864
MUFG Union Bank 14 2.74% $14,690
Nations Lending Corporation 14 3.30% $17,348
MASON MCDUFFIE MORTGAGE CORPORATION 13 2.93% $13,939
TOP FLITE FINANCIAL, INC. 13 3.19% $23,682
MICHIGAN MUTUAL, INC. 12 2.92% $15,292
GUARANTEED RATE AFFINITY, LLC 12 2.83% $18,488
U.S. Bank 10 2.76% $15,176
EVERETT FINANCIAL, INC. 10 3.31% $11,252
Prime Choice Funding Inc. 10 2.71% $11,028
NFM, INC. 10 2.96% $18,122
Watermark Capital, Inc. 9 2.79% $16,863
PARKSIDE LENDING, LLC 9 2.79% $11,837
ST FIN CORP 9 2.97% $19,515
NETWORK CAPITAL FUNDING CORPORATION 9 3.13% $15,353
Century Mortgage Company DBA Century Lending Company 9 2.54% $15,819
AXIA FINANCIAL, LLC 9 2.89% $14,240
DEL SUR CORPORATION 9 3.06% $13,817
ACADEMY MORTGAGE CORPORATION 9 2.89% $18,509
Manufacturers and Traders Trust Company 8 2.84% $11,174
JMAC LENDING, INC. 7 2.84% $17,604
GENEVA FINANCIAL, LLC 7 2.80% $17,132
MORTGAGE CAPITAL PARTNERS, INC. 7 2.61% $16,559
CONTOUR MORTGAGE CORPORATION 7 2.64% $22,035
Bank of America 7 3.04% $13,002
CORNERSTONE HOME LENDING, INC. 7 3.18% $19,365
UNITED SECURITY FINANCIAL CORP 6 2.77% $5,784
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 6 3.19% $20,471
PRIMARY RESIDENTIAL MORTGAGE, INC. 6 3.17% $19,305
DAS Acquisition Company, LLC 6 3.21% $17,360
BRIDGELOCK CAPITAL 6 2.81% $18,547
Residential Mortgage Solutions, Inc. 6 2.31% $9,669
MORIA DEVELOPMENT, INC. 6 2.85% $21,928
FBC MORTGAGE, LLC 6 2.90% $14,489
South Pacific Financial Corporation 6 2.94% $14,293
MORTGAGE SOLUTIONS OF COLORADO, LLC 6 3.29% $19,750
CHURCHILL MORTGAGE CORPORATION 5 2.57% $14,014
VAN DYK MORTGAGE CORPORATION 5 3.20% $12,590
CANOPY MORTGAGE, LLC 5 2.30% $18,078
Peoples Bank 5 2.83% $15,060
CHERRY CREEK MORTGAGE, LLC 5 2.65% $6,892
BEST FINANCE CAPITAL, INC. 4 2.97% $15,278
The Home Loan Expert LLC 4 2.72% $15,618
Amerifirst Financial, Inc. 4 3.34% $16,668
Summit Mortgage Corporation 4 2.78% $14,968
Strong Home Mortgage, LLC 4 2.59% $7,245
HOME FUNDING CORPORATION 4 2.84% $25,692
IAPPROVE LENDING 4 2.59% $13,556
ARC HOME LLC 4 2.90% $10,817
DHI MORTGAGE COMPANY, LTD. 4 2.63% $16,576
ROUNDPOINT MORTGAGE SERVICING CORPORATION 4 3.13% $14,319
LENOX FINANCIAL MORTGAGE CORPORATION 4 2.41% $12,938
Bank of England 4 3.00% $20,998
LOANLEADERS OF AMERICA, INC. 4 2.69% $8,357
Platinum Home Mortgage Corporation 4 3.12% $20,031
BAYSHORE MORTGAGE FUNDING, LLC 4 3.00% $14,739
Goldwater Bank, N.A. 4 3.13% $20,014
LAND HOME FINANCIAL SERVICES, INC. 3 3.04% $11,039
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 3 3.42% $14,301
ENVOY MORTGAGE, LTD 3 3.08% $20,223
HomeStreet Bank 3 2.88% $14,615
CLEARPATH LENDING 3 2.83% $6,819
MK LENDING CORP. 3 2.67% $16,849
CHOICE LENDING CORP. 3 2.54% $11,226
NEXERA HOLDING LLC 3 2.79% $17,450
PHH Mortgage Corporation 3 3.00% $10,606
PREMIER LENDING, INC. 3 3.08% $14,820
PREMIER MORTGAGE RESOURCES, L.L.C. 3 3.33% $16,498
Bank of the West 3 3.63% $13,350
ZILLOW HOME LOANS, LLC 3 2.88% $10,417
RANLIFE, INC. 3 2.79% $17,618
ABSOLUTE HOME MORTGAGE CORPORATION 3 2.63% $9,049
AMERICAN FINANCIAL RESOURCES, INC. 3 2.83% $9,579
COASTAL FUNDING SLC, INC. 2 2.88% $12,275
TJC Mortgage, Inc. 2 2.50% $13,148
GRANDE HOMES, INC. 2 3.13% $10,143
DIRECT MORTGAGE, CORP. 2 2.56% $23,108
HOMESIDE FINANCIAL, LLC 2 3.13% $11,710
CITY FIRST MORTGAGE SERVICES, L.L.C. 2 3.38% $16,908
AMERICAN FINANCING CORPORATION 2 2.75% $14,270
GoPrime Mortgage, Inc. 2 2.94% $17,399
Paramount Bank 2 2.69% $10,715
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 2.88% $16,364
NOVA FINANCIAL & INVESTMENT CORPORATION 2 3.75% $11,592
Mortgage Research Center, LLC 2 3.25% $14,075
Colten Mortgage, LLC 2 2.56% $13,232
AMCAP MORTGAGE, LTD. 2 2.81% $15,406
ALL WESTERN MORTGAGE, INC. 2 3.19% $18,148
RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 2.81% $15,529
KINECTA 2 3.38% $9,550
Wells Fargo Bank 2 3.31% $13,060
Texana Bank 2 2.56% $11,061
CAPSTONE DIRECT, INC. 2 2.25% $10,459
NEW WAVE LENDING GROUP INC 2 2.69% $15,704
PARTNERS UNITED FINANCIAL, LLC 2 2.87% $13,871
Citizens Bank 2 3.00% $12,370
CALCON MUTUAL MORTGAGE LLC 2 2.69% $22,886
Florida Capital Bank 1 2.88% $12,550
RELIANCE FIRST CAPITAL, LLC 1 2.50% $19,972
Reliant Bank 1 3.13% $14,383
Colonial Savings, F.A. 1 2.75% $22,559
S1L, Inc. 1 3.75% $23,325
ISERVE RESIDENTIAL LENDING, LLC 1 3.25% $23,701
INTERCAP LENDING INC. 1 3.13% $12,914
SNAPFI, INC. 1 3.13% $4,499
ANGEL OAK HOME LOANS LLC 1 3.13% $14,440
HOMEOWNERS FIRST MORTGAGE, LLC 1 3.25% $14,046
Evolve Bank & Trust 1 3.13% $13,043
First Mortgage Solutions, LLC 1 2.75% $12,680
FAMILY FIRST FUNDING LLC 1 2.50% $20,511
Sunflower Bank 1 2.88% $11,653
Ameris Bank 1 2.50% $15,180
SWBC MORTGAGE CORPORATION 1 3.75% $15,150
First Bank 1 2.63% $21,595
GSF Mortgage Corporation 1 3.25% $10,461
THRIVE MORTGAGE, LLC 1 3.25% $13,563
TOWNE MORTGAGE COMPANY 1 3.25% $24,049
TruHome Solutions, LLC 1 2.75% $19,743
Truist Bank 1 3.13% $6,867
First Federal Bank 1 3.75% $19,134
US MORTGAGE CORPORATION 1 2.50% $20,332
GOLDEN WEST ALLIANCE, INC. 1 3.25% $17,429
VERITAS FUNDING, LLC 1 2.25% $11,418
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.00% $19,584
NBKC BANK 1 2.75% $13,084
Neighborhood Loans, Inc. 1 2.38% $17,457
NATIONS RELIABLE LENDING, LLC 1 3.13% $26,489
NEW WEST LENDING, INC. 1 2.50% $13,452
A&D Mortgage LLC 1 3.13% $17,011
WINNPOINTE CORPORATION 1 3.13% $5,760
North American Savings Bank, F.S.B. 1 2.38% $16,727
Northpointe Bank 1 2.75% $14,779
NP, Inc. 1 2.88% $7,840
NuVision Federal Credit Union 1 2.75% $8,719
OAKTREE FUNDING CORP. 1 2.75% $14,231
OCEANSIDE MORTGAGE COMPANY 1 2.75% $8,481
MORTGAGE 2000, INC. 1 2.99% $9,033
Wyndham Capital Mortgage, Inc. 1 2.50% $8,902
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 3.13% $24,051
BNB FINANCIAL INC. 1 3.00% $14,225
BETTER MORTGAGE CORPORATION 1 2.88% $17,779
CIS Financial Services, Inc. 1 2.88% $6,977
WALL STREET MORTGAGE BANKERS, LTD. 1 3.25% $18,281
Plains Commerce Bank 1 2.75% $15,592
MEGASTAR FINANCIAL CORP. 1 3.00% $24,329
Magnolia Bank 1 3.13% $16,955
Banner Bank 1 2.25% $11,267
FIRST COMMUNITY MORTGAGE, INC. 1 3.13% $7,615
Waterstone Mortgage Corporation 1 3.13% $19,200
Low VA Rates, LLC 1 2.50% $6,657
Loan Simple, Inc. 1 2.25% $18,112
FIRST NATIONS HOME FINANCE CORPORATION 1 3.00% $21,168
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 1,366 FHA loans originated. Their average total fees are $15,318, which is $3,574 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 ($5,209), MID AMERICA MORTGAGE, INC. ($5,787), Lakeview Community Capital, LLC ($7,941), Mr. Cooper ( Nationstar Mortgage ) ($7,977) and LAKEVIEW LOAN SERVICING, LLC ($8,335).

The lowest rate Los Angeles FHA lenders (with over 10 loans originated) are WESTERN EXPRESS LENDING (2.53%), FIRST CENTENNIAL MORTGAGE CORPORATION (2.54%), VILLAGE CAPITAL & INVESTMENT LLC (2.57%), InterContinental Capital Group, Inc (2.58%) and The Federal Savings Bank (2.61%).


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
Los Angeles'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.

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

Los Angeles'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, Los Angeles 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 - 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
Los Angeles'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.

Los Angeles'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).