Riverside FHA Loan Rates, Closing Costs & Stats

RIVERSIDE-SAN BERNARDINO-ONTARIO, 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.

    Riverside's 213 lenders originated 15,537 FHA loans during 2024. The total origination value was $7,218,535,000, with an average FHA loan value of $464,603.

    Riverside FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Riverside averaged 0.22% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

    Riverside's average FHA mortgage closing costs are $12,666.

    The average rate for the prior week (2025-06-13) was 6.61% and one month ago for the week of 2025-05-16, the average rate was 6.37%.

    The average rate one year ago was 6.52%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.48%.

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

    Riverside 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 Riverside level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 3,040 6.07% $18,514
    QUICKEN LOANS, LLC 1,005 6.12% $16,582
    OCMBC, INC. 703 6.34% $19,764
    LOANDEPOT.COM, LLC 665 6.02% $18,539
    DHI MORTGAGE COMPANY, LTD. 549 5.24% $14,088
    Paramount Residential Mortgage Group, Inc. 469 6.39% $17,880
    EAGLE HOME MORTGAGE, LLC 414 5.25% $16,846
    KBHS HOME LOANS, LLC 335 5.74% $19,849
    PENNYMAC LOAN SERVICES, LLC 301 6.00% $17,275
    SUN WEST MORTGAGE COMPANY, INC. 254 6.16% $20,170
    AMERICAN FINANCIAL NETWORK, INC. 247 6.57% $20,097
    FREEDOM MORTGAGE CORPORATION 245 6.30% $17,101
    CROSSCOUNTRY MORTGAGE, LLC 203 6.36% $18,858
    Equity Prime Mortgage LLC 203 6.56% $18,604
    HOMEAMERICAN MORTGAGE CORPORATION 191 5.26% $11,323
    GEO-CORP, INC. 178 7.18% $26,264
    BROKER SOLUTIONS, INC. 176 6.52% $17,038
    ML Mortgage Corp. 167 6.51% $17,679
    Franklin Loan Corporation 153 6.34% $17,444
    AHL FUNDING 140 6.51% $21,674
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 139 6.34% $18,499
    Golden Empire Mortgage, Inc. 130 6.56% $19,509
    VILLAGE CAPITAL MORTGAGE 127 6.34% $8,969
    Century Mortgage Company DBA Century Lending Company 126 6.31% $17,760
    GUARANTEED RATE, INC. 121 6.07% $17,384
    PULTE MORTGAGE LLC 106 5.34% $10,895
    MOVEMENT MORTGAGE, LLC 104 6.45% $18,782
    NEWREZ LLC 103 6.19% $16,603
    Hometown Equity Mortgage, LLC 101 5.77% $17,129
    The Loan Store, Inc. 98 6.13% $18,717
    OPEN MORTGAGE, LLC 93 6.49% $25,607
    BAY-VALLEY MORTGAGE GROUP 90 6.50% $20,199
    PLANET HOME LENDING, LLC 86 6.10% $13,734
    Flagstar Bank, FSB 86 6.14% $15,434
    CMG MORTGAGE, INC. 85 6.15% $20,270
    NATIONS DIRECT MORTGAGE, LLC 84 6.28% $18,235
    Sierra Pacific Mortgage Company, Inc. 81 6.21% $20,725
    South Pacific Financial Corporation 74 5.73% $14,499
    MORTGAGE SOLUTIONS OF COLORADO, LLC 71 6.49% $18,958
    Mr. Cooper ( Nationstar Mortgage ) 66 6.44% $16,614
    Carrington Mortgage Services, LLC 63 6.38% $18,981
    BECKAM FUNDING CORP. 63 7.17% $24,893
    GUILD MORTGAGE COMPANY 62 6.40% $18,953
    Performance Financial, Inc. 62 6.35% $20,435
    HOMEBRIDGE FINANCIAL SERVICES, INC. 62 6.25% $14,742
    INSPIRE HOME LOANS INC. 59 5.22% $13,530
    JMAC LENDING, INC. 58 5.99% $18,909
    Lakeview Community Capital, LLC 58 6.19% $10,287
    First-Citizens Bank & Trust Company 57 5.60% $17,488
    U.S. Bank 56 6.03% $18,166
    ZILLOW HOME LOANS, LLC 55 6.06% $17,859
    LOANPAL, LLC 53 5.66% $17,299
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 53 6.28% $18,026
    FBC MORTGAGE, LLC 53 5.72% $18,564
    NFM, INC. 48 5.30% $17,239
    AMERICAN PACIFIC MORTGAGE CORPORATION 48 6.49% $19,680
    PLAZA HOME MORTGAGE, INC. 48 6.51% $18,516
    AMERITRUST MORTGAGE CORPORATION 47 6.40% $20,164
    LAKEVIEW LOAN SERVICING, LLC 47 6.28% $11,545
    ST FIN CORP 43 6.35% $20,563
    VISION ONE MORTGAGE, INC. 42 6.48% $14,174
    INTELLILOAN, INC. 41 5.98% $13,044
    PRIMELENDING, A PLAINSCAPITAL COMPANY 39 6.42% $21,457
    Home Mortgage Alliance Corp 37 6.49% $18,698
    MK LENDING CORP. 37 6.34% $20,719
    ONY GLO, INC. 37 6.07% $18,737
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 35 6.35% $20,250
    AXIA FINANCIAL, LLC 32 6.55% $17,727
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 28 6.66% $19,264
    CHURCHILL MORTGAGE CORPORATION 28 6.39% $19,404
    Pacific Lending LLC 27 6.64% $19,663
    SCHOOLSFIRST 27 6.60% $13,476
    LAND HOME FINANCIAL SERVICES, INC. 26 7.14% $24,140
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 26 5.05% $20,972
    FIRST COLONY MORTGAGE CORPORATION 24 6.03% $18,889
    JPMorgan Chase Bank 21 6.21% $9,505
    AMERISAVE MORTGAGE CORPORATION 20 5.93% $21,002
    FIRST NATIONS HOME FINANCE CORPORATION 20 6.29% $11,816
    MUTUAL OF OMAHA MORTGAGE, INC. 19 6.26% $20,755
    BAY EQUITY LLC 19 6.11% $18,493
    DATA MORTGAGE, INC. 19 6.15% $12,762
    SECURITYNATIONAL MORTGAGE COMPANY 19 6.49% $19,573
    MOUNTAIN WEST FINANCIAL, INC. 18 6.31% $17,678
    AMERICAN FINANCIAL RESOURCES, INC. 17 6.63% $13,853
    NMSI, INC. 17 6.29% $16,264
    Commerce Home Mortgage, Inc. 17 6.11% $18,507
    MICHIGAN MUTUAL, INC. 16 6.24% $17,600
    CLM MORTGAGE, INC 16 5.97% $15,812
    Cornerstone First Mortgage, Inc 14 6.57% $20,786
    CARDINAL FINANCIAL 14 6.43% $17,840
    JMJ FINANCIAL GROUP 14 6.39% $19,228
    NETWORK CAPITAL FUNDING CORPORATION 14 6.04% $20,203
    AmeriHome Mortgage Company, LLC 13 6.25% $10,028
    Prosperity Home Mortgage, LLC 13 6.22% $13,518
    Plains Commerce Bank 13 6.62% $20,326
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 13 5.98% $21,529
    MID AMERICA MORTGAGE, INC. 13 6.54% $11,444
    ENVOY MORTGAGE, LTD 13 6.59% $14,044
    DIRECT MORTGAGE, CORP. 13 6.27% $20,868
    PHH Mortgage Corporation 12 5.70% $11,769
    GUARANTEED RATE AFFINITY, LLC 12 6.49% $16,825
    UNION HOME MORTGAGE CORP. 12 6.28% $17,715
    AMERICAN FINANCING CORPORATION 11 5.99% $17,814
    HOMESIDE FINANCIAL, LLC 11 6.11% $19,496
    POINT Mortgage 11 6.06% $17,048
    RESIDENTIAL BANCORP 11 6.51% $16,256
    Wells Fargo Bank 10 5.73% $14,976
    US MORTGAGE CORPORATION 10 6.58% $15,370
    LADERA LENDING, INC. 9 6.10% $13,774
    CALCON MUTUAL MORTGAGE LLC 9 6.76% $20,123
    CAMPOS FINANCIAL CORP. 9 6.11% $20,086
    Nations Lending Corporation 8 6.61% $19,375
    MORIA DEVELOPMENT, INC. 8 6.39% $17,365
    Bank of America 8 5.86% $15,060
    GENEVA FINANCIAL, LLC 8 6.48% $17,903
    VERITAS FUNDING, LLC 7 6.32% $19,966
    Barrington Bank & Trust Company, N.A. 7 6.26% $13,815
    NuVision Federal Credit Union 7 5.79% $14,973
    S1L, Inc. 7 6.34% $20,070
    PACIFIC RESIDENTIAL MORTGAGE, LLC 6 6.67% $17,085
    Goldwater Bank, N.A. 6 6.19% $19,885
    American Mortgage & Equity Consultants, Inc. 6 6.56% $19,393
    THE GOLDEN 1 6 6.25% $17,057
    CASTLE & COOKE MORTGAGE, LLC 5 6.47% $25,816
    BETTER MORTGAGE CORPORATION 5 5.85% $13,968
    EMM LOANS LLC 5 5.73% $20,517
    MEGASTAR FINANCIAL CORP. 5 6.35% $16,948
    MLD MORTGAGE INC. 5 6.35% $12,718
    MORTGAGEONE, INC. 5 6.10% $16,272
    NBKC BANK 5 5.90% $14,522
    PANORAMA MORTGAGE GROUP, LLC 4 6.09% $22,100
    EVERETT FINANCIAL, INC. 4 6.63% $21,856
    SUMMIT FUNDING, INC. 4 6.31% $17,886
    DIGNIFIED HOME LOANS, LLC 4 6.34% $14,197
    Texana Bank 4 5.97% $18,512
    PREMIER MORTGAGE RESOURCES, L.L.C. 4 6.31% $18,388
    Alaska USA Federal Credit Union 4 5.84% $12,963
    BMO Harris Bank 4 5.84% $18,835
    WALL FINANCIAL, INC. 4 6.09% $23,113
    ALTURA 3 6.58% $10,450
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.33% $26,806
    CITYWIDE HOME LOANS, LLC 3 6.71% $17,506
    HighTechLending Inc 3 6.50% $16,267
    The Federal Savings Bank 3 6.42% $16,829
    LEADERONE FINANCIAL CORPORATION 3 6.33% $11,525
    Ameris Bank 3 6.17% $14,631
    NEW WAVE LENDING GROUP INC 3 6.50% $17,936
    Keystone Funding, Inc. 3 5.88% $24,021
    V.I.P. MORTGAGE, INC. 3 6.58% $19,139
    NP, Inc. 3 6.38% $19,994
    Loan Simple, Inc. 2 7.50% $20,550
    First Federal Bank 2 5.44% $12,671
    HOMEOWNERS FINANCIAL GROUP USA, LLC 2 6.94% $12,404
    FIRST COMMUNITY MORTGAGE, INC. 2 6.56% $16,982
    INTERCAP LENDING INC. 2 6.50% $20,043
    ISERVE RESIDENTIAL LENDING, LLC 2 6.31% $14,296
    LOANLEADERS OF AMERICA, INC. 2 5.88% $12,235
    MORTGAGE CAPITAL PARTNERS, INC. 2 5.50% $16,129
    Mortgage Research Center, LLC 2 6.63% $12,535
    City Lending Inc. 2 8.00% $23,418
    M&T Bank 2 6.06% $14,231
    NATIONWIDE MORTGAGE BANKERS, INC. 2 7.06% $16,180
    NOVA FINANCIAL & INVESTMENT CORPORATION 2 7.00% $17,643
    Banner Bank 2 5.44% $20,086
    AUGUSTA FINANCIAL, INC. 2 6.19% $11,387
    The Dart Bank 2 6.00% $12,698
    Waterstone Mortgage Corporation 2 6.19% $14,290
    ALAMEDA MORTGAGE CORPORATION 2 6.38% $18,869
    BM Real Estate Services, Inc. 1 5.75% $7,531
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.75% $19,834
    RADIUS FINANCIAL GROUP INC. 1 6.75% $14,533
    RANLIFE, INC. 1 5.99% $10,282
    CANOPY MORTGAGE, LLC 1 6.75% $9,745
    Residential Mortgage Solutions, Inc. 1 6.63% $16,095
    Arvest Bank 1 5.50% $9,799
    ROYAL UNITED MORTGAGE LLC 1 6.13% $26,519
    OAKTREE FUNDING CORP. 1 6.25% $31,007
    SCENIC OAKS FUNDING, INC. 1 6.87% $9,933
    Armed Forces Bank 1 6.13% $33,514
    Zions Bank 1 6.00% $10,048
    Servion, Inc. 1 5.50% $17,017
    AmRes Corporation 1 5.63% $9,748
    Citibank 1 6.13% $12,528
    SOUTHWEST STAGE FUNDING, LLC 1 5.75% $11,863
    NEW DAY FINANCIAL, LLC 1 7.74% $7,905
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.50% $18,769
    Advisors Mortgage Group, L.L.C. 1 7.13% $19,990
    COMMUNITY MORTGAGE FUNDING, LLC 1 7.25% $22,014
    First Standard Financial Corp. 1 7.00% $16,796
    MidFirst Bank 1 6.13% $14,964
    MASON MCDUFFIE MORTGAGE CORPORATION 1 6.49% $19,265
    GREATER NEVADA LLC 1 7.13% $13,115
    TJC Mortgage, Inc. 1 6.25% $17,354
    TOP FLITE FINANCIAL, INC. 1 6.75% $21,360
    TOTAL MORTGAGE SERVICES, LLC 1 7.25% $20,237
    TOWNE MORTGAGE COMPANY 1 6.75% $25,232
    TruHome Solutions, LLC 1 6.13% $12,570
    CORNERSTONE HOME LENDING, INC. 1 6.00% $30,963
    LIBERTY HOME MORTGAGE CORPORATION 1 5.63% $13,076
    UNIVERSAL LENDING CORPORATION 1 5.88% $19,307
    LENOX FINANCIAL MORTGAGE CORPORATION 1 6.00% $15,374
    Credence Funding Corporation 1 6.13% $7,589
    VAN DYK MORTGAGE CORPORATION 1 6.63% $13,569
    Encompass Lending Group, LP 1 6.75% $10,992
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.00% $19,417
    First Bank 1 5.88% $10,982
    HOMEXPRESS MORTGAGE CORP. 1 6.63% $13,319
    HomeStreet Bank 1 5.63% $7,661
    PREMIA MORTGAGE, LLC 1 5.38% $13,870
    PNC Bank 1 6.13% $10,320
    BELEM SERVICING LLC 1 6.63% $17,392
    Watermark Capital, Inc. 1 6.75% $17,115
    PENTAGON FEDERAL CREDIT UNION 1 5.25% $17,718

    The top Riverside FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 3,040 FHA loans originated. Their average total fees are $18,514, which is $1,932 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Riverside FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($8,969), JPMorgan Chase Bank ($9,505), AmeriHome Mortgage Company, LLC ($10,028), Lakeview Community Capital, LLC ($10,287) and PULTE MORTGAGE LLC ($10,895).

    The lowest rate Riverside FHA lenders (with over 10 loans originated) are K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. (5.05%), INSPIRE HOME LOANS INC. (5.22%), DHI MORTGAGE COMPANY, LTD. (5.24%), EAGLE HOME MORTGAGE, LLC (5.25%) and HOMEAMERICAN MORTGAGE CORPORATION (5.26%).

    Riverside FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA RIVERSIDE 2022 $562,350 $719,900 $870,200 $1,081,450
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA SAN BERNARDINO 2022 $562,350 $719,900 $870,200 $1,081,450
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA RIVERSIDE 2023 $644,000 $824,450 $996,550 $1,238,500
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA SAN BERNARDINO 2023 $644,000 $824,450 $996,550 $1,238,500

    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).