Vallejo FHA Loan Rates, Closing Costs & Stats
VALLEJO, 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.
Vallejo's 109 lenders originated 1,198 FHA
loans during 2024. The total origination value was $605,800,000, with an average FHA loan value of
$505,676.
Vallejo FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Vallejo
averaged
0.13%
for the week of 2025-06-20, compared to the national average (all FHA variants) of
0% for the same period.
Vallejo's average FHA mortgage closing costs are $13,724.
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 -0.23%.
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.
Vallejo 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 Vallejo level.
Name |
# of Loans |
2024 Avg. 30yFix Rate |
2024 Avg. Closing Costs |
UNITED WHOLESALE MORTGAGE, LLC
|
233
|
6.11%
|
$18,185
|
QUICKEN LOANS, LLC
|
85
|
6.20%
|
$17,017
|
LOANDEPOT.COM, LLC
|
49
|
5.78%
|
$19,042
|
CROSSCOUNTRY MORTGAGE, LLC
|
41
|
6.47%
|
$20,228
|
GUILD MORTGAGE COMPANY
|
36
|
6.31%
|
$22,359
|
KBHS HOME LOANS, LLC
|
30
|
5.72%
|
$26,821
|
DHI MORTGAGE COMPANY, LTD.
|
30
|
5.47%
|
$15,720
|
BROKER SOLUTIONS, INC.
|
30
|
6.33%
|
$23,333
|
AMERICAN PACIFIC MORTGAGE CORPORATION
|
29
|
6.28%
|
$19,576
|
PENNYMAC LOAN SERVICES, LLC
|
26
|
5.86%
|
$16,111
|
Paramount Residential Mortgage Group, Inc.
|
22
|
6.25%
|
$20,827
|
CMG MORTGAGE, INC.
|
20
|
6.10%
|
$19,841
|
Century Mortgage Company DBA Century Lending Company
|
20
|
6.14%
|
$19,123
|
EVERETT FINANCIAL, INC.
|
19
|
6.76%
|
$22,893
|
NEWREZ LLC
|
18
|
6.13%
|
$14,329
|
PRIMARY RESIDENTIAL MORTGAGE, INC.
|
17
|
6.70%
|
$13,781
|
HOMEAMERICAN MORTGAGE CORPORATION
|
16
|
5.47%
|
$14,704
|
Sierra Pacific Mortgage Company, Inc.
|
15
|
6.17%
|
$20,935
|
Mr. Cooper ( Nationstar Mortgage )
|
15
|
6.26%
|
$15,561
|
Equity Prime Mortgage LLC
|
15
|
6.40%
|
$20,114
|
INSPIRE HOME LOANS INC.
|
14
|
5.66%
|
$16,644
|
FREEDOM MORTGAGE CORPORATION
|
14
|
6.35%
|
$17,446
|
MOVEMENT MORTGAGE, LLC
|
13
|
6.14%
|
$18,298
|
OCMBC, INC.
|
13
|
6.46%
|
$18,651
|
HOMEOWNERS FINANCIAL GROUP USA, LLC
|
10
|
6.38%
|
$18,300
|
GUARANTEED RATE, INC.
|
10
|
6.41%
|
$18,064
|
Flagstar Bank, FSB
|
9
|
6.08%
|
$20,160
|
Home Mortgage Alliance Corp
|
8
|
6.34%
|
$19,912
|
ENVOY MORTGAGE, LTD
|
7
|
6.04%
|
$21,289
|
GENEVA FINANCIAL, LLC
|
7
|
6.66%
|
$19,419
|
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
|
7
|
6.64%
|
$18,153
|
MLD MORTGAGE INC.
|
6
|
6.42%
|
$18,167
|
The Loan Store, Inc.
|
6
|
6.39%
|
$17,617
|
NFM, INC.
|
6
|
6.02%
|
$21,785
|
PLAZA HOME MORTGAGE, INC.
|
5
|
6.63%
|
$18,756
|
Lakeview Community Capital, LLC
|
5
|
6.37%
|
$11,295
|
American Mortgage & Equity Consultants, Inc.
|
5
|
6.10%
|
$22,431
|
U.S. Bank
|
5
|
5.83%
|
$20,441
|
LAKEVIEW LOAN SERVICING, LLC
|
5
|
6.05%
|
$11,563
|
Performance Financial, Inc.
|
5
|
6.78%
|
$24,447
|
ALAMEDA MORTGAGE CORPORATION
|
4
|
6.63%
|
$15,919
|
Commerce Home Mortgage, Inc.
|
4
|
6.75%
|
$22,535
|
HOMEBRIDGE FINANCIAL SERVICES, INC.
|
4
|
6.38%
|
$13,093
|
LAND HOME FINANCIAL SERVICES, INC.
|
4
|
6.91%
|
$20,497
|
MASON MCDUFFIE MORTGAGE CORPORATION
|
4
|
6.34%
|
$15,263
|
MUTUAL OF OMAHA MORTGAGE, INC.
|
4
|
6.69%
|
$17,008
|
SUN WEST MORTGAGE COMPANY, INC.
|
4
|
6.09%
|
$24,461
|
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C.
|
3
|
4.17%
|
$19,471
|
PLANET HOME LENDING, LLC
|
3
|
6.08%
|
$11,290
|
VILLAGE CAPITAL MORTGAGE
|
3
|
6.46%
|
$9,570
|
BMO Harris Bank
|
3
|
6.13%
|
$14,812
|
Carrington Mortgage Services, LLC
|
3
|
6.21%
|
$20,987
|
CARDINAL FINANCIAL
|
3
|
6.46%
|
$22,280
|
S1L, Inc.
|
3
|
6.75%
|
$20,111
|
Vellum Mortgage, Inc.
|
3
|
6.63%
|
$13,248
|
THE GOLDEN 1
|
3
|
6.38%
|
$13,055
|
INTELLILOAN, INC.
|
3
|
5.66%
|
$11,899
|
AMERICAN FINANCIAL NETWORK, INC.
|
3
|
6.42%
|
$17,727
|
GUARANTEED RATE AFFINITY, LLC
|
3
|
5.83%
|
$20,400
|
ARK-LA-TEX FINANCIAL SERVICES, LLC.
|
3
|
6.46%
|
$24,222
|
Plains Commerce Bank
|
3
|
6.21%
|
$27,375
|
Barrington Bank & Trust Company, N.A.
|
3
|
6.42%
|
$13,581
|
JMAC LENDING, INC.
|
2
|
6.19%
|
$22,008
|
PANORAMA MORTGAGE GROUP, LLC
|
2
|
6.25%
|
$22,840
|
Nations Lending Corporation
|
2
|
5.88%
|
$20,374
|
PRIMELENDING, A PLAINSCAPITAL COMPANY
|
2
|
6.06%
|
$26,890
|
MORTGAGEONE, INC.
|
2
|
6.13%
|
$29,177
|
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
|
2
|
5.81%
|
$22,973
|
ALLIED MORTGAGE GROUP, INC.
|
2
|
6.63%
|
$18,337
|
AXIA FINANCIAL, LLC
|
2
|
6.19%
|
$18,305
|
SCENIC OAKS FUNDING, INC.
|
2
|
6.13%
|
$23,585
|
AmeriHome Mortgage Company, LLC
|
2
|
6.13%
|
$15,732
|
Golden Empire Mortgage, Inc.
|
2
|
6.00%
|
$20,788
|
Prosperity Home Mortgage, LLC
|
1
|
6.25%
|
$23,507
|
AMERISAVE MORTGAGE CORPORATION
|
1
|
5.25%
|
$20,818
|
RESIDENTIAL WHOLESALE MORTGAGE, INC.
|
1
|
5.75%
|
$17,778
|
SUMMIT FUNDING, INC.
|
1
|
6.50%
|
$26,582
|
Wells Fargo Bank
|
1
|
6.50%
|
$11,194
|
TRAVIS CREDIT UNION
|
1
|
6.83%
|
$11,696
|
UNION HOME MORTGAGE CORP.
|
1
|
5.50%
|
$20,639
|
University Bank
|
1
|
5.75%
|
$16,673
|
GEO-CORP, INC.
|
1
|
7.63%
|
$29,917
|
HOMESIDE FINANCIAL, LLC
|
1
|
5.75%
|
$21,814
|
Cornerstone First Mortgage, Inc
|
1
|
5.50%
|
$16,912
|
COMPASS MORTGAGE, INC.
|
1
|
5.75%
|
$16,772
|
CITY FIRST MORTGAGE SERVICES, L.L.C.
|
1
|
6.75%
|
$20,749
|
LADERA LENDING, INC.
|
1
|
6.25%
|
$14,305
|
CALCON MUTUAL MORTGAGE LLC
|
1
|
6.25%
|
$27,034
|
LOANPAL, LLC
|
1
|
5.99%
|
$13,205
|
MID AMERICA MORTGAGE, INC.
|
1
|
6.38%
|
$7,419
|
MORTGAGE SOLUTIONS OF COLORADO, LLC
|
1
|
5.13%
|
$25,590
|
BETTER MORTGAGE CORPORATION
|
1
|
5.38%
|
$5,198
|
BECKAM FUNDING CORP.
|
1
|
7.25%
|
$30,493
|
Watermark Capital, Inc.
|
1
|
5.50%
|
$16,035
|
NETWORK CAPITAL FUNDING CORPORATION
|
1
|
6.88%
|
$19,961
|
BAY EQUITY LLC
|
1
|
6.63%
|
$14,427
|
NEXERA HOLDING LLC
|
1
|
5.63%
|
$9,436
|
NMSI, INC.
|
1
|
4.75%
|
$28,575
|
NORWICH COMMERCIAL GROUP, INC.
|
1
|
5.63%
|
$17,652
|
Bank of America
|
1
|
6.50%
|
$12,745
|
ONY GLO, INC.
|
1
|
6.50%
|
$15,380
|
PACIFIC SERVICE
|
1
|
6.13%
|
$13,646
|
Paramount Bank
|
1
|
6.25%
|
$17,531
|
AUGUSTA FINANCIAL, INC.
|
1
|
6.63%
|
$15,132
|
PHH Mortgage Corporation
|
1
|
6.13%
|
$12,336
|
AMERITRUST MORTGAGE CORPORATION
|
1
|
5.38%
|
$29,876
|
PREMIA MORTGAGE, LLC
|
1
|
6.60%
|
$7,482
|
PREMIER MORTGAGE RESOURCES, L.L.C.
|
1
|
7.25%
|
$16,512
|
Ameris Bank
|
1
|
6.25%
|
$13,042
|
The top Vallejo FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
233 FHA loans originated. Their average total fees are
$18,185, which is $1,168
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Vallejo FHA lenders (with over 10 loans originated) are
PRIMARY RESIDENTIAL MORTGAGE, INC. ($13,781), NEWREZ LLC ($14,329), HOMEAMERICAN MORTGAGE CORPORATION ($14,704), Mr. Cooper ( Nationstar Mortgage ) ($15,561) and DHI MORTGAGE COMPANY, LTD. ($15,720).
The lowest rate Vallejo FHA lenders (with over 10 loans originated) are
HOMEAMERICAN MORTGAGE CORPORATION (5.47%), DHI MORTGAGE COMPANY, LTD. (5.47%), INSPIRE HOME LOANS INC. (5.66%), KBHS HOME LOANS, LLC (5.72%) and LOANDEPOT.COM, LLC (5.78%).
Vallejo FHA Loan Limits
Metro |
County |
Year |
Single Family Limit |
2 Family Limit |
3 Family Limit |
4 Family Limit |
VALLEJO, CA |
SOLANO |
2022 |
$614,100 |
$786,150 |
$950,300 |
$1,181,000 |
VALLEJO, CA |
SOLANO |
2023 |
$685,400 |
$877,450 |
$1,060,600 |
$1,318,100 |
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).