San Francisco FHA Loan Rates, Closing Costs & Stats

San Francisco-Oakland-Berkeley, 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.

San Francisco's 142 lenders originated 2,777 FHA loans during 2022. The total origination value was $1,538,875,000, with an average FHA loan value of $554,150.

San Francisco FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in San Francisco averaged 6.19% for the week of 2023-12-01, compared to the national average (all FHA variants) of 6.949% for the same period.

San Francisco's average FHA mortgage closing costs are $14,912.

The average rate for the prior week (2023-11-24) was 6% and one month ago for the week of 2023-10-27, the average rate was 6.71%.

The average rate one year ago was 5.43%.

For refis of the same type during the week of 2023-12-01, the average rate was 4.85%.

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

San Francisco 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 San Francisco level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 244 4.72% $21,566
QUICKEN LOANS, LLC 193 4.44% $19,076
LOANDEPOT.COM, LLC 120 4.41% $21,157
CALIBER HOME LOANS, INC. 114 4.43% $20,310
AMERICAN PACIFIC MORTGAGE CORPORATION 90 4.75% $21,139
EVERETT FINANCIAL, INC. 49 5.18% $14,754
CROSSCOUNTRY MORTGAGE, LLC 47 5.37% $22,213
GUARANTEED RATE, INC. 45 4.50% $19,238
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 43 4.93% $19,899
Commerce Home Mortgage, Inc. 43 4.74% $21,794
HOME POINT FINANCIAL CORPORATION 43 4.11% $19,783
Paramount Residential Mortgage Group, Inc. 41 5.01% $22,677
HOMEBRIDGE FINANCIAL SERVICES, INC. 37 4.55% $22,997
PENNYMAC LOAN SERVICES, LLC 34 3.77% $16,988
FINANCE OF AMERICA MORTGAGE LLC 30 4.45% $22,686
GUILD MORTGAGE COMPANY 27 4.66% $21,440
FREEDOM MORTGAGE CORPORATION 24 4.09% $16,726
BROKER SOLUTIONS, INC. 22 4.86% $23,199
Carrington Mortgage Services, LLC 22 4.84% $25,604
South Pacific Financial Corporation 22 4.68% $21,754
Mr. Cooper ( Nationstar Mortgage ) 20 3.84% $17,357
AMERISAVE MORTGAGE CORPORATION 17 4.07% $27,927
CMG MORTGAGE, INC. 16 4.40% $24,292
CARDINAL FINANCIAL 16 4.43% $22,733
PLANET HOME LENDING, LLC 16 4.08% $17,134
MOVEMENT MORTGAGE, LLC 15 4.54% $17,824
Sierra Pacific Mortgage Company, Inc. 15 5.50% $20,535
RESIDENTIAL BANCORP 14 4.39% $20,491
ENVOY MORTGAGE, LTD 14 5.17% $22,448
MLD MORTGAGE INC. 14 5.39% $21,775
BECKAM FUNDING CORP. 14 5.31% $30,487
Lakeview Community Capital, LLC 14 3.60% $9,639
Equity Prime Mortgage LLC 13 5.04% $22,549
NEWREZ LLC 12 5.29% $17,927
BAY EQUITY LLC 12 5.25% $19,736
Platinum Home Mortgage Corporation 11 4.29% $21,155
Flagstar Bank, FSB 11 5.10% $20,990
ALAMEDA MORTGAGE CORPORATION 10 5.09% $17,323
Golden Empire Mortgage, Inc. 10 4.75% $23,808
SUMMIT FUNDING, INC. 10 4.63% $20,613
LAKEVIEW LOAN SERVICING, LLC 10 3.51% $13,127
PRIMARY RESIDENTIAL MORTGAGE, INC. 10 4.85% $27,804
GUARANTEED RATE AFFINITY, LLC 9 4.75% $21,415
Nations Lending Corporation 9 4.60% $21,591
HOMEOWNERS FINANCIAL GROUP USA, LLC 9 5.28% $25,538
KBHS HOME LOANS, LLC 8 4.05% $25,091
OCMBC, INC. 8 5.52% $30,308
EAGLE HOME MORTGAGE, LLC 7 5.20% $22,265
MOUNTAIN WEST FINANCIAL, INC. 6 5.08% $23,592
MASON MCDUFFIE MORTGAGE CORPORATION 6 4.83% $19,183
CHERRY CREEK MORTGAGE, LLC 6 5.31% $5,095
SUN WEST MORTGAGE COMPANY, INC. 6 4.15% $17,947
NATIONS DIRECT MORTGAGE, LLC 6 3.96% $19,233
Hometown Equity Mortgage, LLC 5 4.80% $14,562
PREMIER LENDING, INC. 5 4.65% $20,631
NETWORK CAPITAL FUNDING CORPORATION 5 4.10% $17,053
VILLAGE CAPITAL MORTGAGE 4 3.44% $14,110
MUTUAL OF OMAHA MORTGAGE, INC. 4 3.84% $14,779
Franklin Loan Corporation 4 4.91% $22,740
HOMEAMERICAN MORTGAGE CORPORATION 4 3.94% $14,380
TOP FLITE FINANCIAL, INC. 4 5.13% $31,650
Wells Fargo Bank 4 4.72% $23,098
Plains Commerce Bank 4 5.50% $13,643
Citizens Bank 4 4.28% $14,417
Century Mortgage Company DBA Century Lending Company 4 5.06% $16,093
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 4.69% $21,435
LADERA LENDING, INC. 3 5.00% $15,269
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 3 5.79% $24,236
TRAVIS CREDIT UNION 3 3.42% $14,790
AMERIFIRST FINANCIAL CORPORATION 3 5.13% $34,371
FBC MORTGAGE, LLC 3 5.04% $17,515
First Guaranty Mortgage Corporation 3 3.38% $15,319
CALCON MUTUAL MORTGAGE LLC 3 6.25% $23,236
S1L, Inc. 3 4.63% $23,999
ROUNDPOINT MORTGAGE SERVICING CORPORATION 3 4.63% $26,090
ALLIED MORTGAGE GROUP, INC. 3 6.29% $13,442
HOMESIDE FINANCIAL, LLC 3 3.92% $15,007
INSPIRE HOME LOANS INC. 3 4.00% $33,011
MUFG Union Bank 3 4.88% $16,210
LAND HOME FINANCIAL SERVICES, INC. 2 4.63% $18,072
AHL FUNDING 2 6.06% $43,176
MICHIGAN MUTUAL, INC. 2 5.38% $26,489
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.19% $23,378
PACIFIC RESIDENTIAL MORTGAGE, LLC 2 6.19% $21,844
MORIA DEVELOPMENT, INC. 2 5.38% $29,959
RELIANCE FIRST CAPITAL, LLC 2 4.38% $18,363
GUARANTY HOME MORTGAGE CORPORATION 2 4.94% $12,838
SNAPFI, INC. 2 3.56% $16,262
Northpointe Bank 2 5.50% $24,830
NFM, INC. 2 4.75% $18,333
The Federal Savings Bank 2 4.19% $20,346
Amerifirst Financial, Inc. 2 4.31% $20,560
SOVEREIGN LENDING GROUP INCORPORATED 2 4.44% $21,574
ZILLOW HOME LOANS, LLC 2 4.69% $19,207
U.S. Bank 2 3.38% $17,250
LOANPAL, LLC 2 3.25% $20,825
KELLER MORTGAGE, LLC 1 3.00% $17,444
Allied First Bank,sb 1 3.50% $12,506
AMCAP MORTGAGE, LTD. 1 5.88% $35,282
AMERICAN FINANCING CORPORATION 1 4.25% $10,617
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.38% $12,610
AmeriHome Mortgage Company, LLC 1 5.63% $15,586
Bank of America 1 2.25% $39,326
BEST CAPITAL FUNDING 1 3.75% $16,914
BEST FINANCE CAPITAL, INC. 1 5.13% $27,503
CALCULATED RISK ANALYTICS LLC 1 5.25% $14,373
CAMPOS FINANCIAL CORP. 1 6.75% $16,325
Chickasaw Community Bank 1 4.88% $21,911
Citibank 1 3.75% $22,562
COASTAL FUNDING SLC, INC. 1 4.13% $55,491
CONTOUR MORTGAGE CORPORATION 1 3.75% $21,556
Cornerstone First Mortgage, Inc 1 3.63% $13,650
CORNERSTONE HOME LENDING, INC. 1 5.25% $27,468
FAY SERVICING, LLC 1 5.75% $18,641
First Bank 1 5.63% $17,285
First Mortgage Solutions, LLC 1 2.50% $15,845
GENEVA FINANCIAL, LLC 1 5.38% $22,265
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 3.25% $24,824
HOME FUNDING CORPORATION 1 3.75% $14,151
INTELLILOAN, INC. 1 5.99% $23,952
INTERCAP LENDING INC. 1 5.13% $22,451
JPMorgan Chase Bank 1 5.13% $14,916
LENDING 3, INC. 1 6.25% $35,357
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 5.25% $18,664
MID AMERICA MORTGAGE, INC. 1 3.88% $4,205
Mortgage Research Center, LLC 1 5.13% $11,809
M&T Bank 1 3.50% $9,141
NEW DAY FINANCIAL, LLC 1 5.49% $11,646
NexBank 1 6.00% $14,226
ONY GLO, INC. 1 5.25% $19,232
PREMIER MORTGAGE RESOURCES, L.L.C. 1 5.75% $31,534
RANLIFE, INC. 1 4.25% $20,265
Residential Mortgage Solutions, Inc. 1 4.50% $22,227
RMS & Associates 1 4.63% $12,548
SCENIC OAKS FUNDING, INC. 1 4.25% $22,127
SECURITYNATIONAL MORTGAGE COMPANY 1 5.63% $34,169
THE GOLDEN 1 1 4.75% $17,451
TJC Mortgage, Inc. 1 4.25% $32,753
TOWNE MORTGAGE COMPANY 1 4.25% $25,475
Umpqua Bank 1 7.13% $18,701
Vellum Mortgage, Inc. 1 6.50% $14,737
WALL FINANCIAL, INC. 1 5.00% $24,264

The top San Francisco FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 244 FHA loans originated. Their average total fees are $21,566, which is $2,489 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee San Francisco FHA lenders (with over 10 loans originated) are Lakeview Community Capital, LLC ($9,639), LAKEVIEW LOAN SERVICING, LLC ($13,127), EVERETT FINANCIAL, INC. ($14,754), FREEDOM MORTGAGE CORPORATION ($16,726) and PENNYMAC LOAN SERVICES, LLC ($16,988).

The lowest rate San Francisco FHA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC (3.51%), Lakeview Community Capital, LLC (3.60%), PENNYMAC LOAN SERVICES, LLC (3.77%), Mr. Cooper ( Nationstar Mortgage ) (3.84%) and AMERISAVE MORTGAGE CORPORATION (4.07%).

San Francisco FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
SAN FRANCISCO-OAKLAND-BERKELEY, CA ALAMEDA 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
SAN FRANCISCO-OAKLAND-BERKELEY, CA CONTRA COSTA 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
SAN FRANCISCO-OAKLAND-BERKELEY, CA MARIN 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN FRANCISCO 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN MATEO 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
SAN FRANCISCO-OAKLAND-BERKELEY, CA ALAMEDA 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
SAN FRANCISCO-OAKLAND-BERKELEY, CA CONTRA COSTA 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
SAN FRANCISCO-OAKLAND-BERKELEY, CA MARIN 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN FRANCISCO 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN MATEO 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - San Francisco (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 $843,722 (6.9%) $1,502,824 (14.4%) 3.13 2,294
2018-02-01 $898,500 (6.4%) $1,547,349 (12.0%) 3.27 2,716
2018-03-01 $949,000 (6.2%) $1,582,709 (10.9%) 3.33 3,122
2018-04-01 $986,856 (9.8%) $1,610,256 (8.0%) 3.35 3,620
2018-05-01 $996,500 (10.7%) $1,616,309 (8.3%) 3.33 4,074
2018-06-01 $988,000 (9.5%) $1,574,946 (5.8%) 3.29 4,494
2018-07-01 $927,500 (6.0%) $1,481,278 (3.6%) 3.10 4,809
2018-08-01 $889,000 (4.7%) $1,383,831 (-0.7%) 2.98 4,925
2018-09-01 $899,000 (2.8%) $1,401,721 (-4.5%) 3.02 5,961
2018-10-01 $899,000 (0.0%) $1,409,951 (-8.1%) 3.05 6,158
2018-11-01 $890,000 (-1.0%) $1,429,127 (-8.0%) 3.02 5,844
2018-12-01 $849,950 (-3.3%) $1,339,459 (-16.4%) 2.93 4,174
2019-01-01 $831,417 (-1.5%) $1,301,294 (-13.4%) 2.87 3,563
2019-02-01 $887,000 (-1.3%) $1,416,770 (-8.4%) 3.00 4,084
2019-03-01 $916,429 (-3.4%) $1,481,212 (-6.4%) 3.00 4,499
2019-04-01 $947,000 (-4.0%) $1,548,778 (-3.8%) 3.01 4,891
2019-05-01 $968,625 (-2.8%) $1,495,281 (-7.5%) 3.03 5,465
2019-06-01 $959,950 (-2.8%) $1,484,044 (-5.8%) 3.00 5,927
2019-07-01 $927,000 (-0.1%) $1,529,948 (3.3%) 2.90 5,830
2019-08-01 $919,182 (3.4%) $1,548,979 (11.9%) 2.91 5,902
2019-09-01 $935,955 (4.1%) $1,536,080 (9.6%) 3.00 6,015
2019-10-01 $949,500 (5.6%) $1,533,683 (8.8%) 3.06 6,075
2019-11-01 $949,000 (6.6%) $1,609,486 (12.6%) 3.11 4,960
2019-12-01 $899,000 (5.8%) $1,686,148 (25.9%) 3.00 2,990
2020-01-01 $893,500 (7.5%) $1,699,296 (30.6%) 2.99 2,563
2020-02-01 $997,000 (12.4%) $1,747,168 (23.3%) 3.27 3,088
2020-03-01 $998,944 (9.0%) $1,709,858 (15.4%) 3.13 3,526
2020-04-01 $958,219 (1.2%) $1,534,690 (-0.9%) 3.00 3,419
2020-05-01 $999,888 (3.2%) $1,610,995 (7.7%) 3.04 4,583
2020-06-01 $1,078,750 (12.4%) $1,662,007 (12.0%) 3.18 4,952
2020-07-01 $1,091,500 (17.8%) $1,679,555 (9.8%) 3.16 5,062
2020-08-01 $1,050,000 (14.2%) $1,673,332 (8.0%) 3.01 5,205
2020-09-01 $1,052,254 (12.4%) $1,676,293 (9.1%) 3.02 5,405
2020-10-01 $1,070,000 (12.7%) $1,673,373 (9.1%) 3.07 5,810
2020-11-01 $1,049,000 (10.5%) $1,662,686 (3.3%) 3.07 5,172
2020-12-01 $998,250 (11.0%) $1,709,651 (1.4%) 2.97 3,718
2021-01-01 $989,000 (10.7%) $1,747,046 (2.8%) 2.95 3,040
2021-02-01 $999,498 (0.3%) $1,773,068 (1.5%) 2.91 3,232
2021-03-01 $1,014,248 (1.5%) $1,857,888 (8.7%) 2.88 3,374
2021-04-01 $1,049,500 (9.5%) $1,865,405 (21.6%) 2.84 3,460
2021-05-01 $1,079,950 (8.0%) $1,871,223 (16.2%) 2.87 3,498
2021-06-01 $1,062,750 (-1.5%) $1,795,464 (8.0%) 2.80 3,903
2021-07-01 $999,000 (-8.5%) $1,685,560 (0.4%) 2.64 4,248
2021-08-01 $995,000 (-5.2%) $1,642,265 (-1.9%) 2.65 4,270
2021-09-01 $993,500 (-5.6%) $1,695,927 (1.2%) 2.65 4,607
2021-10-01 $997,000 (-6.8%) $1,757,446 (5.0%) 2.66 4,573
2021-11-01 $983,750 (-6.2%) $1,869,686 (12.5%) 2.63 3,551
2021-12-01 $949,000 (-4.9%) $1,843,955 (7.9%) 2.57 2,331
2022-01-01 $949,000 (-4.0%) $1,751,443 (0.3%) 2.57 2,034
2022-02-01 $992,000 (-0.8%) $1,754,521 (-1.1%) 2.58 2,482
2022-03-01 $1,047,000 (3.2%) $1,732,238 (-6.8%) 2.62 3,008
2022-04-01 $1,098,000 (4.6%) $1,752,732 (-6.0%) 2.62 3,395
2022-05-01 $1,124,000 (4.1%) $1,732,039 (-7.4%) 2.57 4,616
2022-06-01 $1,145,000 (7.7%) $1,718,474 (-4.3%) 2.55 5,680
2022-07-01 $1,098,000 (9.9%) $1,625,718 (-3.6%) 2.47 6,245
2022-08-01 $1,043,000 (4.8%) $1,568,124 (-4.5%) 2.41 5,969
2022-09-01 $1,089,472 (9.7%) $1,647,500 (-2.9%) 2.55 5,923
2022-10-01 $1,090,000 (9.3%) $1,692,438 (-3.7%) 2.56 6,027
2022-11-01 $1,037,000 (5.4%) $1,691,238 (-9.5%) 2.49 5,369
2022-12-01 $993,000 (4.6%) $1,665,404 (-9.7%) 2.45 3,656
2023-01-01 $978,500 (3.1%) $1,644,202 (-6.1%) 2.43 2,987
2023-02-01 $1,002,500 (1.1%) $1,758,580 (0.2%) 2.42 3,089
2023-03-01 $1,080,250 (3.2%) $1,802,443 (4.1%) 2.55 3,163
2023-04-01 $1,150,000 (4.7%) $1,884,965 (7.5%) 2.67 3,341
2023-05-01 $1,178,000 (4.8%) $1,938,740 (11.9%) 2.67 3,691
2023-06-01 $1,150,000 (0.4%) $1,939,040 (12.8%) 2.58 3,977
2023-07-01 $1,100,000 (0.2%) $1,836,455 (13.0%) 2.50 4,040
2023-08-01 $1,049,444 (0.6%) $1,729,983 (10.3%) 2.41 4,093
2023-09-01 $1,095,000 (0.5%) $1,758,073 (6.7%) 2.55 4,813
2023-10-01 $1,098,000 (0.7%) $1,768,808 (4.5%) 2.58 5,053
2023-11-01 $1,067,000 (2.9%) $1,755,081 (3.8%) 2.54 4,671
San Francisco's median listing price for 2023-11-01 was $1,067,000, a difference of $30,000 (2.9%) versus the prior year and $-31,000 versus the prior month.

San Francisco's median listing price comes in at 254% of the national average.

San Francisco's average listing price for 2023-11-01 was $1,755,081, a difference of $63,843 (3.8%) versus the prior year and $-13,727 versus the prior month.

For the 2023-11-01 period, San Francisco had 4,671 MLS listings, a difference of -382 listings (-8%) versus the prior month and -698 listings (-13%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - San Francisco (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 30 days 1,720 sqft
2018-02-01 19 days 1,744 sqft
2018-03-01 21 days 1,763 sqft
2018-04-01 22 days 1,798 sqft
2018-05-01 21 days 1,811 sqft
2018-06-01 24 days 1,785 sqft
2018-07-01 29 days 1,743 sqft
2018-08-01 29 days 1,714 sqft
2018-09-01 26 days 1,698 sqft
2018-10-01 31 days 1,694 sqft
2018-11-01 37 days 1,664 sqft
2018-12-01 50 days 1,620 sqft
2019-01-01 48 days 1,604 sqft
2019-02-01 26 days 1,642 sqft
2019-03-01 28 days 1,712 sqft
2019-04-01 26 days 1,779 sqft
2019-05-01 26 days 1,821 sqft
2019-06-01 31 days 1,795 sqft
2019-07-01 36 days 1,763 sqft
2019-08-01 36 days 1,746 sqft
2019-09-01 35 days 1,723 sqft
2019-10-01 36 days 1,705 sqft
2019-11-01 49 days 1,697 sqft
2019-12-01 66 days 1,708 sqft
2020-01-01 53 days 1,682 sqft
2020-02-01 23 days 1,720 sqft
2020-03-01 24 days 1,754 sqft
2020-04-01 38 days 1,756 sqft
2020-05-01 31 days 1,760 sqft
2020-06-01 31 days 1,712 sqft
2020-07-01 33 days 1,635 sqft
2020-08-01 36 days 1,586 sqft
2020-09-01 36 days 1,549 sqft
2020-10-01 34 days 1,540 sqft
2020-11-01 45 days 1,518 sqft
2020-12-01 56 days 1,489 sqft
2021-01-01 49 days 1,462 sqft
2021-02-01 28 days 1,482 sqft
2021-03-01 29 days 1,524 sqft
2021-04-01 29 days 1,549 sqft
2021-05-01 27 days 1,575 sqft
2021-06-01 27 days 1,556 sqft
2021-07-01 26 days 1,548 sqft
2021-08-01 29 days 1,546 sqft
2021-09-01 28 days 1,533 sqft
2021-10-01 30 days 1,515 sqft
2021-11-01 39 days 1,498 sqft
2021-12-01 47 days 1,454 sqft
2022-01-01 37 days 1,420 sqft
2022-02-01 18 days 1,453 sqft
2022-03-01 22 days 1,507 sqft
2022-04-01 23 days 1,537 sqft
2022-05-01 22 days 1,572 sqft
2022-06-01 24 days 1,600 sqft
2022-07-01 31 days 1,584 sqft
2022-08-01 36 days 1,571 sqft
2022-09-01 38 days 1,594 sqft
2022-10-01 37 days 1,607 sqft
2022-11-01 46 days 1,593 sqft
2022-12-01 61 days 1,562 sqft
2023-01-01 62 days 1,552 sqft
2023-02-01 33 days 1,557 sqft
2023-03-01 34 days 1,574 sqft
2023-04-01 31 days 1,625 sqft
2023-05-01 31 days 1,639 sqft
2023-06-01 32 days 1,632 sqft
2023-07-01 34 days 1,620 sqft
2023-08-01 33 days 1,595 sqft
2023-09-01 29 days 1,590 sqft
2023-10-01 35 days 1,578 sqft
2023-11-01 42 days 1,565 sqft
San Francisco's median listing age (time on market) for 2023-11-01 was 42 days. This is -8% shorter than the same period one year ago.

San Francisco's median square footage for active listings during the 2023-11-01 period was 1,565 sqft. One year prior, the average listing was 1,593 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).