Sacramento FHA Loan Rates, Closing Costs & Stats

SACRAMENTO-ROSEVILLE-FOLSOM, CA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Loan Limits

    • 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.

    Sacramento's 167 lenders originated 4,574 FHA loans during 2024. The total origination value was $2,165,820,000, with an average FHA loan value of $473,507.

    Sacramento FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Sacramento averaged -0.17% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

    Sacramento's average FHA mortgage closing costs are $12,265.

    The average rate for the prior week (2025-06-13) was 6.51% and one month ago for the week of 2025-05-16, the average rate was 6.67%.

    The average rate one year ago was 6.53%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0%.

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

    Sacramento 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 Sacramento level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 1,045 6.03% $17,347
    QUICKEN LOANS, LLC 380 6.13% $16,032
    LOANDEPOT.COM, LLC 196 5.75% $19,445
    Century Mortgage Company DBA Century Lending Company 160 6.23% $17,022
    GUILD MORTGAGE COMPANY 122 6.17% $18,300
    EAGLE HOME MORTGAGE, LLC 101 5.03% $18,322
    PENNYMAC LOAN SERVICES, LLC 97 5.88% $16,583
    Sierra Pacific Mortgage Company, Inc. 96 6.29% $20,629
    HOMEAMERICAN MORTGAGE CORPORATION 85 5.26% $13,104
    FREEDOM MORTGAGE CORPORATION 80 6.28% $16,574
    CROSSCOUNTRY MORTGAGE, LLC 76 6.06% $19,582
    Paramount Residential Mortgage Group, Inc. 72 6.32% $17,630
    AMERICAN PACIFIC MORTGAGE CORPORATION 71 6.47% $17,850
    KBHS HOME LOANS, LLC 67 5.81% $21,217
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 60 4.56% $16,943
    Equity Prime Mortgage LLC 56 6.50% $16,732
    Flagstar Bank, FSB 47 6.07% $16,121
    The Loan Store, Inc. 45 6.16% $17,640
    BROKER SOLUTIONS, INC. 45 6.49% $20,144
    DHI MORTGAGE COMPANY, LTD. 44 5.48% $13,709
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 44 6.26% $21,094
    MOVEMENT MORTGAGE, LLC 38 6.48% $20,389
    NEWREZ LLC 37 6.14% $15,277
    SUN WEST MORTGAGE COMPANY, INC. 35 6.18% $16,619
    OCMBC, INC. 32 6.52% $17,026
    GUARANTEED RATE, INC. 29 6.27% $15,991
    LAKEVIEW LOAN SERVICING, LLC 28 6.17% $10,100
    CMG MORTGAGE, INC. 26 6.23% $18,156
    PLAZA HOME MORTGAGE, INC. 24 6.79% $19,869
    JMAC LENDING, INC. 24 5.84% $18,059
    Mr. Cooper ( Nationstar Mortgage ) 24 6.45% $19,124
    LOANPAL, LLC 23 5.57% $16,058
    SUMMIT FUNDING, INC. 23 6.18% $20,512
    VILLAGE CAPITAL MORTGAGE 22 6.38% $9,855
    ZILLOW HOME LOANS, LLC 21 6.05% $16,876
    AMERICAN FINANCIAL NETWORK, INC. 19 6.55% $19,486
    South Pacific Financial Corporation 18 6.23% $15,971
    THE GOLDEN 1 18 6.24% $14,939
    CLM MORTGAGE, INC 17 5.91% $17,798
    Carrington Mortgage Services, LLC 15 6.42% $18,663
    American Mortgage & Equity Consultants, Inc. 15 6.19% $16,728
    INSPIRE HOME LOANS INC. 14 6.16% $17,317
    Plains Commerce Bank 14 6.28% $17,822
    U.S. Bank 14 6.15% $15,667
    Cornerstone First Mortgage, Inc 14 6.26% $17,455
    PREMIER MORTGAGE RESOURCES, L.L.C. 14 6.61% $15,726
    EVERETT FINANCIAL, INC. 13 6.25% $18,374
    ALAMEDA MORTGAGE CORPORATION 13 6.37% $15,713
    Home Mortgage Alliance Corp 12 6.90% $19,332
    CITY FIRST MORTGAGE SERVICES, L.L.C. 12 6.08% $16,787
    SCENIC OAKS FUNDING, INC. 12 6.25% $18,472
    NATIONS DIRECT MORTGAGE, LLC 12 6.51% $17,114
    Performance Financial, Inc. 12 6.60% $15,728
    PRIMELENDING, A PLAINSCAPITAL COMPANY 12 6.48% $18,367
    PACIFIC RESIDENTIAL MORTGAGE, LLC 12 6.32% $16,802
    GUARANTEED RATE AFFINITY, LLC 11 6.06% $16,796
    LAND HOME FINANCIAL SERVICES, INC. 10 6.63% $19,405
    MASON MCDUFFIE MORTGAGE CORPORATION 10 6.39% $16,185
    TJC Mortgage, Inc. 10 6.50% $16,119
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 10 6.38% $15,484
    HOMEBRIDGE FINANCIAL SERVICES, INC. 10 6.41% $15,669
    MORTGAGE EQUITY PARTNERS LLC 10 5.97% $18,623
    CARDINAL FINANCIAL 10 5.99% $22,092
    ENVOY MORTGAGE, LTD 9 6.21% $21,285
    MUTUAL OF OMAHA MORTGAGE, INC. 9 6.61% $16,249
    CHURCHILL MORTGAGE CORPORATION 9 6.31% $22,061
    PLANET HOME LENDING, LLC 8 5.73% $11,451
    Lakeview Community Capital, LLC 8 6.28% $10,931
    HOMEOWNERS FINANCIAL GROUP USA, LLC 7 6.16% $21,837
    Commerce Home Mortgage, Inc. 7 6.13% $15,783
    Franklin Loan Corporation 7 6.23% $19,117
    AMERICAN FINANCING CORPORATION 7 5.62% $19,133
    PULTE MORTGAGE LLC 7 5.30% $13,187
    HOMESIDE FINANCIAL, LLC 6 6.04% $23,738
    AMERITRUST MORTGAGE CORPORATION 6 6.04% $19,983
    MORTGAGE SOLUTIONS OF COLORADO, LLC 5 7.35% $18,360
    OPEN MORTGAGE, LLC 5 6.98% $15,340
    Hometown Equity Mortgage, LLC 5 6.58% $19,853
    PHH Mortgage Corporation 5 6.20% $14,174
    AMERISAVE MORTGAGE CORPORATION 5 6.45% $19,553
    INTELLILOAN, INC. 5 6.53% $9,472
    UNION HOME MORTGAGE CORP. 5 6.18% $15,040
    JPMorgan Chase Bank 5 6.63% $9,776
    MICHIGAN MUTUAL, INC. 5 6.03% $17,527
    GENEVA FINANCIAL, LLC 5 6.70% $17,802
    BETTER MORTGAGE CORPORATION 4 5.53% $13,660
    FIRST COLONY MORTGAGE CORPORATION 4 6.00% $15,278
    FBC MORTGAGE, LLC 4 5.56% $20,792
    CALCON MUTUAL MORTGAGE LLC 4 6.59% $23,137
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 6.84% $16,842
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 6.00% $30,152
    ML Mortgage Corp. 4 6.13% $15,881
    Ameris Bank 4 5.88% $12,184
    AmeriHome Mortgage Company, LLC 4 6.25% $11,043
    NOVA FINANCIAL & INVESTMENT CORPORATION 4 5.68% $15,320
    NFM, INC. 4 5.75% $18,118
    Nations Lending Corporation 3 6.50% $22,140
    CANOPY MORTGAGE, LLC 3 6.17% $22,128
    SECURITYNATIONAL MORTGAGE COMPANY 3 6.00% $19,492
    S1L, Inc. 3 6.17% $16,981
    MORIA DEVELOPMENT, INC. 3 6.67% $18,216
    Pacific Lending LLC 3 6.58% $20,831
    AMERICAN FINANCIAL RESOURCES, INC. 3 6.58% $18,656
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.75% $22,102
    AHL FUNDING 3 6.04% $15,085
    BECKAM FUNDING CORP. 3 6.83% $22,831
    BAY EQUITY LLC 3 6.29% $15,503
    Barrington Bank & Trust Company, N.A. 3 6.33% $13,401
    Vellum Mortgage, Inc. 3 6.21% $13,434
    NETWORK CAPITAL FUNDING CORPORATION 3 5.63% $22,487
    Mortgage Research Center, LLC 2 7.31% $8,180
    ALLIED MORTGAGE GROUP, INC. 2 6.31% $14,598
    Bank of America 2 5.88% $20,031
    BMO Harris Bank 2 6.00% $19,085
    DAS Acquisition Company, LLC 2 7.00% $20,168
    DATA MORTGAGE, INC. 2 7.31% $15,477
    LEADERONE FINANCIAL CORPORATION 2 6.69% $17,445
    MID AMERICA MORTGAGE, INC. 2 6.19% $13,000
    MLD MORTGAGE INC. 2 5.94% $13,622
    MOUNTAIN WEST FINANCIAL, INC. 2 6.44% $16,263
    PANORAMA MORTGAGE GROUP, LLC 2 6.19% $15,478
    ROYAL UNITED MORTGAGE LLC 2 7.13% $9,184
    SCHOOLSFIRST 2 6.50% $9,856
    TOWNE MORTGAGE COMPANY 2 6.75% $22,290
    VERITAS FUNDING, LLC 2 6.63% $17,940
    Watermark Capital, Inc. 2 5.94% $13,740
    A&D Mortgage LLC 1 7.00% $17,391
    MORTGAGE EXPRESS, LLC 1 5.75% $12,147
    MEGASTAR FINANCIAL CORP. 1 6.00% $21,281
    LOANLEADERS OF AMERICA, INC. 1 7.38% $9,625
    JMJ FINANCIAL GROUP 1 6.13% $16,494
    ISERVE RESIDENTIAL LENDING, LLC 1 7.25% $16,455
    INFINITY EQUITY GROUP, INC. 1 6.63% $13,141
    HighTechLending Inc 1 6.13% $27,180
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.50% $10,951
    Goldwater Bank, N.A. 1 6.13% $19,338
    GEO-CORP, INC. 1 7.63% $31,248
    Residential Mortgage Solutions, Inc. 1 5.99% $12,685
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 6.25% $15,878
    Wells Fargo Bank 1 5.38% $14,935
    Flanagan State Bank 1 7.13% $14,016
    First Federal Bank 1 6.88% $13,737
    AXIA FINANCIAL, LLC 1 5.75% $12,460
    FIRST COMMUNITY MORTGAGE, INC. 1 5.75% $11,009
    First-Citizens Bank & Trust Company 1 6.75% $14,793
    EMM LOANS LLC 1 5.88% $27,591
    ST FIN CORP 1 6.75% $19,943
    DIRECTORS MORTGAGE, INC. 1 6.25% $20,716
    Sunflower Bank 1 5.63% $25,215
    DIGNIFIED HOME LOANS, LLC 1 6.25% $14,786
    TBI MORTGAGE COMPANY 1 5.63% $27,466
    Texana Bank 1 6.75% $8,026
    Constant Investments, Inc. 1 6.13% $11,536
    City Lending Inc. 1 7.75% $20,714
    Chickasaw Community Bank 1 5.75% $9,782
    AUGUSTA FINANCIAL, INC. 1 5.75% $15,697
    TRAVIS CREDIT UNION 1 6.75% $4,857
    Umpqua Bank 1 7.00% $15,465
    BM Real Estate Services, Inc. 1 5.75% $23,944
    BAY-VALLEY MORTGAGE GROUP 1 6.25% $15,541
    Banner Bank 1 5.75% $15,163
    OCEANSIDE MORTGAGE COMPANY 1 6.25% $7,982
    NMSI, INC. 1 6.63% $14,401
    PACIFIC SERVICE 1 5.88% $18,788
    Axos Bank 1 6.25% $12,518
    Paramount Bank 1 6.13% $18,446
    NBKC BANK 1 5.25% $17,250

    The top Sacramento FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 1,045 FHA loans originated. Their average total fees are $17,347, which is $1,316 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Sacramento FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($9,855), LAKEVIEW LOAN SERVICING, LLC ($10,100), HOMEAMERICAN MORTGAGE CORPORATION ($13,104), DHI MORTGAGE COMPANY, LTD. ($13,709) and THE GOLDEN 1 ($14,939).

    The lowest rate Sacramento FHA lenders (with over 10 loans originated) are K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. (4.56%), EAGLE HOME MORTGAGE, LLC (5.03%), HOMEAMERICAN MORTGAGE CORPORATION (5.26%), DHI MORTGAGE COMPANY, LTD. (5.48%) and LOANPAL, LLC (5.57%).

    Sacramento FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    SACRAMENTO-ROSEVILLE-FOLSOM, CA EL DORADO 2022 $675,050 $864,200 $1,044,600 $1,298,200
    SACRAMENTO-ROSEVILLE-FOLSOM, CA PLACER 2022 $675,050 $864,200 $1,044,600 $1,298,200
    SACRAMENTO-ROSEVILLE-FOLSOM, CA SACRAMENTO 2022 $675,050 $864,200 $1,044,600 $1,298,200
    SACRAMENTO-ROSEVILLE-FOLSOM, CA YOLO 2022 $675,050 $864,200 $1,044,600 $1,298,200
    SACRAMENTO-ROSEVILLE-FOLSOM, CA EL DORADO 2023 $763,600 $977,550 $1,181,650 $1,468,500
    SACRAMENTO-ROSEVILLE-FOLSOM, CA PLACER 2023 $763,600 $977,550 $1,181,650 $1,468,500
    SACRAMENTO-ROSEVILLE-FOLSOM, CA SACRAMENTO 2023 $763,600 $977,550 $1,181,650 $1,468,500
    SACRAMENTO-ROSEVILLE-FOLSOM, CA YOLO 2023 $763,600 $977,550 $1,181,650 $1,468,500

    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).