Yuba City FHA Loan Rates, Closing Costs & Stats
YUBA CITY, 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.
Yuba City's 85 lenders originated 547 FHA loans during 2023. The total origination value was $202,905,000, with an average FHA loan value of $370,941.
Yuba City FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Yuba City
averaged
6.02%
for the week of 2024-10-11, compared to the national average (all FHA variants) of
6.1% for the same period.
Yuba City's average FHA mortgage closing costs are $14,125.
The average rate for the prior week (2024-10-04) was
5.44% and
one month ago for the week of 2024-09-06, the
average rate was 5.97%.
The average rate one year ago was 6.99%.
For refis of the same type during the week of 2024-10-11, the average rate
was 5.91%.
Yuba City 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 Yuba City level.
The top Yuba City FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
114 FHA loans originated. Their average total fees are
$14,481, which is $246
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Yuba City FHA lenders (with over 10 loans originated) are
HOMEAMERICAN MORTGAGE CORPORATION ($9,563), LOANDEPOT.COM, LLC ($12,535), Paramount Residential Mortgage Group, Inc. ($14,076), QUICKEN LOANS, LLC ($14,235) and UNITED WHOLESALE MORTGAGE, LLC ($14,481).
The lowest rate Yuba City FHA lenders (with over 10 loans originated) are
HOMEAMERICAN MORTGAGE CORPORATION (5.80%), K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. (6.02%), PLANET HOME LENDING, LLC (6.04%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.17%) and UNITED WHOLESALE MORTGAGE, LLC (6.19%).
Yuba City FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
YUBA CITY, CA | SUTTER | 2022 | $420,900 | $538,800 | $651,300 | $809,450 |
YUBA CITY, CA | YUBA | 2022 | $420,900 | $538,800 | $651,300 | $809,450 |
YUBA CITY, CA | SUTTER | 2023 | $488,750 | $625,700 | $756,300 | $939,900 |
YUBA CITY, CA | YUBA | 2023 | $488,750 | $625,700 | $756,300 | $939,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Yuba City (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $299,900 (9.9%) | $357,671 (6.7%) | 1.11 | 328 |
2018-02-01 | $305,011 (5.6%) | $360,799 (6.5%) | 1.11 | 320 |
2018-03-01 | $318,000 (9.1%) | $371,630 (10.1%) | 1.12 | 307 |
2018-04-01 | $332,500 (11.6%) | $383,980 (9.4%) | 1.13 | 325 |
2018-05-01 | $329,450 (11.1%) | $384,696 (7.4%) | 1.10 | 364 |
2018-06-01 | $328,850 (9.6%) | $382,254 (6.5%) | 1.10 | 390 |
2018-07-01 | $320,963 (7.0%) | $367,120 (2.3%) | 1.07 | 443 |
2018-08-01 | $317,475 (6.2%) | $359,482 (1.0%) | 1.06 | 490 |
2018-09-01 | $319,900 (7.0%) | $356,294 (2.0%) | 1.08 | 498 |
2018-10-01 | $312,500 (5.9%) | $354,209 (2.7%) | 1.06 | 499 |
2018-11-01 | $306,450 (3.9%) | $346,966 (0.0%) | 1.04 | 462 |
2018-12-01 | $300,000 (1.7%) | $333,814 (-5.0%) | 1.03 | 377 |
2019-01-01 | $299,900 (0.0%) | $338,154 (-5.5%) | 1.04 | 315 |
2019-02-01 | $312,450 (2.4%) | $360,747 (0.0%) | 1.06 | 316 |
2019-03-01 | $322,740 (1.5%) | $374,282 (0.7%) | 1.06 | 305 |
2019-04-01 | $328,218 (-1.3%) | $376,842 (-1.9%) | 1.04 | 316 |
2019-05-01 | $327,175 (-0.7%) | $386,288 (0.4%) | 1.02 | 362 |
2019-06-01 | $333,700 (1.5%) | $379,663 (-0.7%) | 1.04 | 386 |
2019-07-01 | $335,000 (4.4%) | $382,724 (4.3%) | 1.05 | 419 |
2019-08-01 | $330,545 (4.1%) | $371,312 (3.3%) | 1.05 | 423 |
2019-09-01 | $329,113 (2.9%) | $366,782 (2.9%) | 1.05 | 420 |
2019-10-01 | $331,634 (6.1%) | $366,883 (3.6%) | 1.07 | 397 |
2019-11-01 | $339,000 (10.6%) | $379,836 (9.5%) | 1.11 | 384 |
2019-12-01 | $329,950 (10.0%) | $393,866 (18.0%) | 1.10 | 316 |
2020-01-01 | $333,250 (11.1%) | $381,398 (12.8%) | 1.11 | 284 |
2020-02-01 | $349,999 (12.0%) | $395,475 (9.6%) | 1.15 | 287 |
2020-03-01 | $359,975 (11.5%) | $416,798 (11.4%) | 1.13 | 300 |
2020-04-01 | $360,000 (9.7%) | $418,794 (11.1%) | 1.13 | 299 |
2020-05-01 | $389,475 (19.0%) | $445,558 (15.3%) | 1.18 | 250 |
2020-06-01 | $386,900 (15.9%) | $439,568 (15.8%) | 1.14 | 219 |
2020-07-01 | $386,475 (15.4%) | $445,305 (16.4%) | 1.12 | 200 |
2020-08-01 | $375,000 (13.5%) | $441,066 (18.8%) | 1.07 | 190 |
2020-09-01 | $392,500 (19.3%) | $453,492 (23.6%) | 1.12 | 170 |
2020-10-01 | $385,000 (16.1%) | $457,886 (24.8%) | 1.10 | 189 |
2020-11-01 | $402,500 (18.7%) | $455,454 (19.9%) | 1.18 | 157 |
2020-12-01 | $404,425 (22.6%) | $449,627 (14.2%) | 1.20 | 135 |
2021-01-01 | $399,900 (20.0%) | $483,744 (26.8%) | 1.19 | 99 |
2021-02-01 | $402,475 (15.0%) | $502,939 (27.2%) | 1.17 | 115 |
2021-03-01 | $408,500 (13.5%) | $503,411 (20.8%) | 1.16 | 116 |
2021-04-01 | $405,000 (12.5%) | $491,753 (17.4%) | 1.10 | 140 |
2021-05-01 | $419,900 (7.8%) | $506,822 (13.8%) | 1.12 | 138 |
2021-06-01 | $432,500 (11.8%) | $559,511 (27.3%) | 1.14 | 182 |
2021-07-01 | $429,900 (11.2%) | $540,832 (21.5%) | 1.13 | 212 |
2021-08-01 | $417,475 (11.3%) | $504,225 (14.3%) | 1.11 | 204 |
2021-09-01 | $422,500 (7.6%) | $505,573 (11.5%) | 1.13 | 222 |
2021-10-01 | $429,995 (11.7%) | $521,346 (13.9%) | 1.15 | 226 |
2021-11-01 | $440,450 (9.4%) | $533,278 (17.1%) | 1.18 | 223 |
2021-12-01 | $443,000 (9.5%) | $514,124 (14.3%) | 1.20 | 166 |
2022-01-01 | $452,500 (13.2%) | $524,805 (8.5%) | 1.22 | 148 |
2022-02-01 | $474,950 (18.0%) | $532,033 (5.8%) | 1.24 | 150 |
2022-03-01 | $477,000 (16.8%) | $537,959 (6.9%) | 1.19 | 178 |
2022-04-01 | $475,000 (17.3%) | $529,955 (7.8%) | 1.13 | 212 |
2022-05-01 | $492,890 (17.4%) | $528,117 (4.2%) | 1.13 | 272 |
2022-06-01 | $480,117 (11.0%) | $532,822 (-4.8%) | 1.07 | 328 |
2022-07-01 | $470,000 (9.3%) | $524,666 (-3.0%) | 1.06 | 373 |
2022-08-01 | $459,900 (10.2%) | $516,903 (2.5%) | 1.06 | 432 |
2022-09-01 | $455,000 (7.7%) | $508,772 (0.6%) | 1.06 | 422 |
2022-10-01 | $451,500 (5.0%) | $504,582 (-3.2%) | 1.06 | 403 |
2022-11-01 | $457,750 (3.9%) | $514,050 (-3.6%) | 1.10 | 376 |
2022-12-01 | $452,900 (2.2%) | $512,768 (-0.3%) | 1.12 | 321 |
2023-01-01 | $459,900 (1.6%) | $511,818 (-2.5%) | 1.14 | 279 |
2023-02-01 | $459,725 (-3.2%) | $508,514 (-4.4%) | 1.11 | 279 |
2023-03-01 | $472,475 (-1.0%) | $523,697 (-2.7%) | 1.11 | 262 |
2023-04-01 | $475,000 (0.0%) | $538,148 (1.6%) | 1.10 | 209 |
2023-05-01 | $469,875 (-4.7%) | $538,921 (2.1%) | 1.07 | 209 |
2023-06-01 | $479,500 (-0.1%) | $553,010 (3.8%) | 1.08 | 216 |
2023-07-01 | $479,000 (1.9%) | $537,840 (2.5%) | 1.09 | 225 |
2023-08-01 | $469,225 (2.0%) | $516,377 (-0.1%) | 1.08 | 230 |
2023-09-01 | $469,000 (3.1%) | $510,580 (0.4%) | 1.09 | 245 |
2023-10-01 | $459,875 (1.9%) | $507,553 (0.6%) | 1.08 | 255 |
2023-11-01 | $471,950 (3.1%) | $497,881 (-3.2%) | 1.12 | 259 |
2023-12-01 | $459,999 (1.6%) | $487,451 (-4.9%) | 1.12 | 242 |
2024-01-01 | $462,000 (0.5%) | $478,860 (-6.4%) | 1.13 | 220 |
2024-02-01 | $465,444 (1.2%) | $482,334 (-5.2%) | 1.12 | 205 |
2024-03-01 | $467,000 (-1.2%) | $481,521 (-8.1%) | 1.10 | 229 |
2024-04-01 | $469,356 (-1.2%) | $498,365 (-7.4%) | 1.09 | 264 |
2024-05-01 | $484,172 (3.0%) | $514,425 (-4.6%) | 1.09 | 298 |
2024-06-01 | $480,000 (0.1%) | $523,630 (-5.3%) | 1.08 | 340 |
2024-07-01 | $475,082 (-0.8%) | $518,390 (-3.6%) | 1.09 | 340 |
2024-08-01 | $480,000 (2.3%) | $525,251 (1.7%) | 1.12 | 348 |
2024-09-01 | $484,950 (3.4%) | $523,342 (2.5%) | 1.14 | 355 |
Yuba City's median listing price comes in at 114% of the national average.
Yuba City's average listing price for 2024-09-01 was $523,342, a difference of $12,762 (2.5%) versus the prior year and $-1,909 versus the prior month.
For the 2024-09-01 period, Yuba City had 355 MLS listings, a difference of 7 listings (2%) versus the prior month and 110 listings (45%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Yuba City (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 69 days | 1,841 sqft |
2018-02-01 | 61 days | 1,847 sqft |
2018-03-01 | 47 days | 1,876 sqft |
2018-04-01 | 43 days | 1,885 sqft |
2018-05-01 | 38 days | 1,888 sqft |
2018-06-01 | 41 days | 1,853 sqft |
2018-07-01 | 40 days | 1,807 sqft |
2018-08-01 | 43 days | 1,786 sqft |
2018-09-01 | 52 days | 1,827 sqft |
2018-10-01 | 55 days | 1,784 sqft |
2018-11-01 | 57 days | 1,718 sqft |
2018-12-01 | 66 days | 1,712 sqft |
2019-01-01 | 61 days | 1,638 sqft |
2019-02-01 | 52 days | 1,676 sqft |
2019-03-01 | 47 days | 1,681 sqft |
2019-04-01 | 43 days | 1,688 sqft |
2019-05-01 | 38 days | 1,681 sqft |
2019-06-01 | 44 days | 1,728 sqft |
2019-07-01 | 46 days | 1,734 sqft |
2019-08-01 | 50 days | 1,743 sqft |
2019-09-01 | 55 days | 1,759 sqft |
2019-10-01 | 58 days | 1,791 sqft |
2019-11-01 | 58 days | 1,867 sqft |
2019-12-01 | 72 days | 1,826 sqft |
2020-01-01 | 73 days | 1,853 sqft |
2020-02-01 | 47 days | 1,865 sqft |
2020-03-01 | 45 days | 1,895 sqft |
2020-04-01 | 52 days | 1,865 sqft |
2020-05-01 | 71 days | 2,033 sqft |
2020-06-01 | 75 days | 2,006 sqft |
2020-07-01 | 73 days | 1,933 sqft |
2020-08-01 | 48 days | 1,906 sqft |
2020-09-01 | 44 days | 1,990 sqft |
2020-10-01 | 44 days | 1,865 sqft |
2020-11-01 | 51 days | 1,862 sqft |
2020-12-01 | 63 days | 1,840 sqft |
2021-01-01 | 54 days | 1,812 sqft |
2021-02-01 | 27 days | 1,828 sqft |
2021-03-01 | 33 days | 1,805 sqft |
2021-04-01 | 26 days | 1,861 sqft |
2021-05-01 | 29 days | 1,850 sqft |
2021-06-01 | 25 days | 1,788 sqft |
2021-07-01 | 27 days | 1,750 sqft |
2021-08-01 | 38 days | 1,656 sqft |
2021-09-01 | 37 days | 1,661 sqft |
2021-10-01 | 38 days | 1,716 sqft |
2021-11-01 | 42 days | 1,754 sqft |
2021-12-01 | 51 days | 1,759 sqft |
2022-01-01 | 49 days | 1,791 sqft |
2022-02-01 | 32 days | 1,760 sqft |
2022-03-01 | 25 days | 1,806 sqft |
2022-04-01 | 26 days | 1,754 sqft |
2022-05-01 | 29 days | 1,846 sqft |
2022-06-01 | 32 days | 1,834 sqft |
2022-07-01 | 40 days | 1,790 sqft |
2022-08-01 | 47 days | 1,784 sqft |
2022-09-01 | 48 days | 1,794 sqft |
2022-10-01 | 54 days | 1,818 sqft |
2022-11-01 | 62 days | 1,802 sqft |
2022-12-01 | 69 days | 1,756 sqft |
2023-01-01 | 74 days | 1,801 sqft |
2023-02-01 | 54 days | 1,789 sqft |
2023-03-01 | 53 days | 1,853 sqft |
2023-04-01 | 50 days | 1,866 sqft |
2023-05-01 | 38 days | 1,870 sqft |
2023-06-01 | 39 days | 1,947 sqft |
2023-07-01 | 46 days | 1,924 sqft |
2023-08-01 | 45 days | 1,905 sqft |
2023-09-01 | 40 days | 1,900 sqft |
2023-10-01 | 47 days | 1,878 sqft |
2023-11-01 | 52 days | 1,867 sqft |
2023-12-01 | 52 days | 1,810 sqft |
2024-01-01 | 58 days | 1,784 sqft |
2024-02-01 | 58 days | 1,787 sqft |
2024-03-01 | 44 days | 1,780 sqft |
2024-04-01 | 41 days | 1,818 sqft |
2024-05-01 | 35 days | 1,840 sqft |
2024-06-01 | 39 days | 1,832 sqft |
2024-07-01 | 46 days | 1,818 sqft |
2024-08-01 | 50 days | 1,837 sqft |
2024-09-01 | 51 days | 1,859 sqft |
Yuba City's median square footage for active listings during the 2024-09-01 period was 1,859 sqft. One year prior, the average listing was 1,900 sqft.