California FHA Loan Rates, Closing Costs & Stats

California

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.

California FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in California averaged 6.67% for the week of 2024-04-12, compared to the national average (all FHA variants) of 6.739% for the same period.

California's average FHA mortgage closing costs are $12,663.

The average rate for the prior week (2024-04-05) was 6.3% and one month ago for the week of 2024-03-08, the average rate was 6.24%.

The average rate one year ago was 5.97%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.84%.

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

California 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 California level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 9,547 6.14% $19,714
QUICKEN LOANS, LLC 4,147 6.12% $17,975
LOANDEPOT.COM, LLC 1,603 6.07% $18,301
OCMBC, INC. 1,306 6.57% $21,172
BECKAM FUNDING CORP. 1,259 7.06% $31,011
Paramount Residential Mortgage Group, Inc. 1,098 6.51% $18,040
CROSSCOUNTRY MORTGAGE, LLC 1,014 6.50% $19,807
DHI MORTGAGE COMPANY, LTD. 995 5.53% $12,673
AMERICAN PACIFIC MORTGAGE CORPORATION 993 6.55% $19,096
Century Mortgage Company DBA Century Lending Company 898 6.29% $16,977
EAGLE HOME MORTGAGE, LLC 851 5.62% $16,633
Sierra Pacific Mortgage Company, Inc. 722 6.38% $18,266
PENNYMAC LOAN SERVICES, LLC 715 6.13% $18,886
BROKER SOLUTIONS, INC. 654 6.50% $19,271
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 652 6.45% $18,713
AMERICAN FINANCIAL NETWORK, INC. 648 6.59% $19,709
GUILD MORTGAGE COMPANY 528 6.46% $19,256
SUN WEST MORTGAGE COMPANY, INC. 500 6.45% $19,616
KBHS HOME LOANS, LLC 385 6.12% $23,259
FREEDOM MORTGAGE CORPORATION 374 6.66% $19,605
GUARANTEED RATE, INC. 373 6.32% $18,718
RESIDENTIAL BANCORP 371 6.46% $20,186
SUMMIT FUNDING, INC. 370 6.54% $19,388
NEWREZ LLC 370 6.30% $20,782
CARDINAL FINANCIAL 334 6.20% $19,573
Golden Empire Mortgage, Inc. 331 6.56% $21,046
MOVEMENT MORTGAGE, LLC 286 6.47% $20,425
ALAMEDA MORTGAGE CORPORATION 284 6.55% $17,152
CMG MORTGAGE, INC. 281 6.40% $20,689
Carrington Mortgage Services, LLC 261 6.35% $18,838
HOMEAMERICAN MORTGAGE CORPORATION 246 5.75% $13,228
Equity Prime Mortgage LLC 235 6.75% $18,495
Franklin Loan Corporation 227 6.40% $19,855
HOMEBRIDGE FINANCIAL SERVICES, INC. 224 6.20% $19,316
NATIONS DIRECT MORTGAGE, LLC 220 6.37% $19,938
BAY-VALLEY MORTGAGE GROUP 215 6.61% $21,139
PRIMELENDING, A PLAINSCAPITAL COMPANY 208 6.48% $19,127
PLANET HOME LENDING, LLC 205 6.10% $15,588
Mr. Cooper ( Nationstar Mortgage ) 204 6.20% $22,376
Flagstar Bank, FSB 201 6.42% $17,689
INSPIRE HOME LOANS INC. 197 5.45% $13,910
U.S. Bank 196 6.30% $19,052
PLAZA HOME MORTGAGE, INC. 191 6.49% $18,612
ARK-LA-TEX FINANCIAL SERVICES, LLC. 179 6.38% $18,261
Hometown Equity Mortgage, LLC 160 6.27% $21,286
AMERISAVE MORTGAGE CORPORATION 159 5.89% $20,037
CALCON MUTUAL MORTGAGE LLC 144 6.73% $21,465
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 142 5.46% $17,065
GEO-CORP, INC. 137 7.28% $27,969
AHL FUNDING 135 6.70% $25,076
AXIA FINANCIAL, LLC 133 6.42% $18,160
POINT Mortgage 132 6.36% $18,748
EVERETT FINANCIAL, INC. 131 6.87% $20,612
PREMIER MORTGAGE RESOURCES, L.L.C. 130 6.46% $18,467
MOUNTAIN WEST FINANCIAL, INC. 129 6.46% $19,303
ML Mortgage Corp. 125 6.56% $20,617
MASON MCDUFFIE MORTGAGE CORPORATION 123 6.49% $17,160
S1L, Inc. 122 6.38% $19,675
Commerce Home Mortgage, Inc. 118 6.77% $15,309
VISION ONE MORTGAGE, INC. 114 6.43% $14,538
MUTUAL OF OMAHA MORTGAGE, INC. 114 6.42% $19,251
ACADEMY MORTGAGE CORPORATION 113 6.36% $17,827
LOANPAL, LLC 113 5.88% $16,514
JPMorgan Chase Bank 111 6.27% $14,868
South Pacific Financial Corporation 109 5.94% $15,654
AUGUSTA FINANCIAL, INC. 109 6.10% $20,430
Pacific Lending LLC 108 6.59% $18,867
Performance Financial, Inc. 107 6.53% $22,199
CAMPOS FINANCIAL CORP. 106 6.55% $19,617
ENVOY MORTGAGE, LTD 106 6.38% $18,609
First-Citizens Bank & Trust Company 100 5.71% $20,544
Nations Lending Corporation 97 6.53% $15,389
HOME APPROVALS DIRECT, INC. 96 6.53% $20,861
VILLAGE CAPITAL MORTGAGE 94 6.08% $17,284
FBC MORTGAGE, LLC 93 5.91% $16,053
BAY EQUITY LLC 90 6.43% $20,204
NFM, INC. 90 6.39% $20,730
PRIMARY RESIDENTIAL MORTGAGE, INC. 89 6.66% $18,470
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 84 6.57% $16,078
DRAPER AND KRAMER MORTGAGE CORP. 84 6.20% $18,612
LAND HOME FINANCIAL SERVICES, INC. 82 6.84% $19,898
MORTGAGE SOLUTIONS OF COLORADO, LLC 81 6.86% $18,171
Plains Commerce Bank 81 6.23% $17,351
HOMEOWNERS FINANCIAL GROUP USA, LLC 79 6.42% $22,131
MLD MORTGAGE INC. 79 6.65% $17,731
CALIBER HOME LOANS, INC. 78 5.94% $16,479
JMJ FINANCIAL GROUP 78 6.25% $24,632
GUARANTEED RATE AFFINITY, LLC 76 6.39% $19,959
PACIFIC RESIDENTIAL MORTGAGE, LLC 74 6.39% $17,102
Prosperity Home Mortgage, LLC 73 6.32% $18,209
DIGNIFIED HOME LOANS, LLC 72 6.44% $17,772
SCENIC OAKS FUNDING, INC. 71 6.39% $18,480
ST FIN CORP 70 6.59% $22,258
MICHIGAN MUTUAL, INC. 68 6.11% $18,616
PANORAMA MORTGAGE GROUP, LLC 68 6.44% $21,642
iCore Lending, Inc. 66 6.58% $23,241
Lakeview Community Capital, LLC 66 6.15% $16,286
RESIDENTIAL WHOLESALE MORTGAGE, INC. 64 6.57% $16,996
LADERA LENDING, INC. 62 6.44% $16,817
VERITAS FUNDING, LLC 62 6.31% $17,419
SECURITYNATIONAL MORTGAGE COMPANY 61 6.39% $22,306
LAKEVIEW LOAN SERVICING, LLC 60 6.09% $17,310
American Mortgage & Equity Consultants, Inc. 57 6.62% $20,173
NETWORK CAPITAL FUNDING CORPORATION 57 6.12% $16,644
JMAC LENDING, INC. 55 6.49% $18,057
ZILLOW HOME LOANS, LLC 53 6.37% $16,940
Platinum Home Mortgage Corporation 52 6.31% $16,223
CHURCHILL MORTGAGE CORPORATION 51 6.54% $19,468
PULTE MORTGAGE LLC 50 6.08% $11,058
MK LENDING CORP. 50 6.25% $23,179
UNION HOME MORTGAGE CORP. 48 6.55% $20,267
TOP FLITE FINANCIAL, INC. 47 6.94% $19,943
ON Q FINANCIAL, INC. 46 6.92% $16,259
AmeriHome Mortgage Company, LLC 44 6.25% $17,914
MORTGAGE MANAGEMENT CONSULTANTS, INC. 40 6.77% $16,143
United Fidelity Funding Corp. 39 6.79% $22,045
MID AMERICA MORTGAGE, INC. 37 6.65% $7,822
ONY GLO, INC. 37 6.65% $19,129
BANC ONE MORTGAGE CORPORATION 37 6.49% $8,077
ALLIED MORTGAGE GROUP, INC. 34 6.67% $17,908
CASTLE & COOKE MORTGAGE, LLC 33 6.34% $19,172
AMERITRUST MORTGAGE CORPORATION 33 6.68% $23,525
HighTechLending Inc 32 6.21% $18,341
SCHOOLSFIRST 32 6.56% $14,207
GENEVA FINANCIAL, LLC 31 6.91% $20,081
The Federal Savings Bank 31 6.44% $22,303
Wells Fargo Bank 30 6.35% $13,647
Barrington Bank & Trust Company, N.A. 30 6.38% $17,678
Mortgage Research Center, LLC 30 6.61% $12,280
AMERICAN FINANCIAL RESOURCES, INC. 29 6.56% $17,358
INTELLILOAN, INC. 29 6.22% $18,170
Wallick & Volk, Inc. 28 6.58% $14,901
The Loan Store, Inc. 28 6.75% $17,806
THE GOLDEN 1 27 6.37% $18,206
CORNERSTONE HOME LENDING, INC. 26 6.40% $17,435
MEGASTAR FINANCIAL CORP. 25 6.69% $15,134
Ameris Bank 25 6.39% $14,558
Cornerstone First Mortgage, Inc 25 6.57% $16,936
FIRST NATIONS HOME FINANCE CORPORATION 24 6.63% $11,222
INTERCAP LENDING INC. 23 6.48% $21,340
WALL FINANCIAL, INC. 23 6.36% $23,584
ALTITUDE FINANCIAL CORPORATION 23 6.47% $10,369
CUSTOMER SERVICE MORTGAGE CORPORATION 23 6.51% $18,722
LEADERONE FINANCIAL CORPORATION 23 6.66% $19,330
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 22 6.38% $19,196
Shea Mortgage Inc. 22 6.21% $16,760
AMERICAN FINANCING CORPORATION 22 6.35% $16,389
Bank of America 21 6.26% $16,258
Northpointe Bank 21 5.85% $17,957
COASTAL FUNDING SLC, INC. 20 6.33% $17,795
MORTGAGEONE, INC. 20 6.71% $16,578
TJC Mortgage, Inc. 19 6.52% $18,905
Vellum Mortgage, Inc. 19 6.73% $15,214
FIRST COMMUNITY MORTGAGE, INC. 18 6.50% $13,692
TRAVIS CREDIT UNION 18 6.36% $14,107
NBKC BANK 17 5.90% $14,367
HOMESIDE FINANCIAL, LLC 17 6.47% $17,915
AMCAP MORTGAGE, LTD. 17 6.57% $24,107
EMM LOANS LLC 17 5.91% $18,493
Keystone Funding, Inc. 16 6.23% $22,559
MORTGAGE CAPITAL PARTNERS, INC. 16 6.40% $20,525
CANOPY MORTGAGE, LLC 16 6.58% $16,891
CHERRY CREEK MORTGAGE, LLC 16 6.05% $6,208
LOANLEADERS OF AMERICA, INC. 16 6.07% $20,301
CITY FIRST MORTGAGE SERVICES, L.L.C. 16 6.40% $19,668
CHOICE LENDING CORP. 16 6.28% $14,737
LENDING 3, INC. 15 6.63% $20,150
NexBank 15 6.00% $18,281
NEW WAVE LENDING GROUP INC 15 6.93% $21,195
Waterstone Mortgage Corporation 14 6.48% $15,281
Watermark Capital, Inc. 14 5.87% $18,918
PENTAGON FEDERAL CREDIT UNION 14 5.90% $17,082
BM Real Estate Services, Inc. 14 6.87% $20,932
BRIDGELOCK CAPITAL 13 6.61% $18,207
DIRECT MORTGAGE, CORP. 12 6.16% $21,464
BEST FINANCE CAPITAL, INC. 12 5.99% $24,204
INTERNATIONAL CITY MORTGAGE, INC. 12 6.29% $14,034
TruHome Solutions, LLC 12 6.10% $16,695
DATA MORTGAGE, INC. 12 6.70% $23,080
Citizens Bank 12 5.78% $19,333
Neighborhood Loans, Inc. 11 6.28% $14,793
MANN FINANCIAL INC. 11 6.97% $15,016
BMO Harris Bank 10 6.66% $12,693
PNC Bank 10 6.36% $17,389
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 10 6.45% $15,909
EMBRACE HOME LOANS, INC. 10 6.11% $19,742
CITYWIDE HOME LOANS, LLC 10 6.49% $12,949
TOWNE MORTGAGE COMPANY 10 6.14% $18,442
PHH Mortgage Corporation 10 6.41% $14,683
PRIMUS LENDING CORP. 9 6.81% $27,725
NMSI, INC. 9 6.31% $22,260
NATIONWIDE MORTGAGE BANKERS, INC. 9 6.80% $18,202
Bank of England 9 6.33% $17,737
First Standard Financial Corp. 8 6.42% $21,187
INFINITY EQUITY GROUP, INC. 8 6.97% $14,787
GUARANTY HOME MORTGAGE CORPORATION 8 5.59% $15,716
OPEN MORTGAGE, LLC 8 6.27% $17,566
RANLIFE, INC. 8 6.06% $19,946
San Diego Funding 8 6.38% $25,505
BETTER MORTGAGE CORPORATION 7 6.02% $30,062
CENTRAL COAST LENDING, INC. 7 6.71% $15,404
DEL SUR CORPORATION 7 5.91% $21,059
First Bank 7 6.43% $15,723
FIRST CENTENNIAL MORTGAGE CORPORATION 7 5.91% $20,996
KINECTA 7 6.11% $22,330
M&T Bank 7 6.54% $14,120
NOVA FINANCIAL & INVESTMENT CORPORATION 7 6.45% $13,409
PREMIER LENDING, INC. 7 6.86% $21,878
Strong Home Mortgage, LLC 7 6.27% $18,094
SNAPFI, INC. 6 6.60% $14,749
MORIA DEVELOPMENT, INC. 6 6.65% $22,124
V.I.P. MORTGAGE, INC. 6 6.23% $20,157
Arvest Bank 6 6.29% $16,986
DAS Acquisition Company, LLC 6 6.27% $23,128
NP, Inc. 6 6.87% $32,873
ARC HOME LLC 6 6.04% $19,411
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 6 6.44% $16,741
NuVision Federal Credit Union 5 6.00% $15,455
FIRST ALLIANCE HOME MORTGAGE, LLC 5 6.63% $22,098
Princeton Mortgage Corporation 5 6.45% $14,618
Florida Capital Bank 5 6.10% $15,434
Loan Simple, Inc. 5 6.30% $21,941
University Bank 5 6.23% $15,440
HOME FUNDING CORPORATION 5 6.33% $24,468
Umpqua Bank 5 6.75% $14,852
HOMEXPRESS MORTGAGE CORP. 5 6.75% $24,132
Citibank 5 6.13% $9,972
ISERVE RESIDENTIAL LENDING, LLC 5 7.18% $14,235
Alaska USA Federal Credit Union 5 6.90% $10,500
Summit Mortgage Corporation 5 6.15% $19,030
NEW DAY FINANCIAL, LLC 4 7.31% $5,208
Residential Mortgage Solutions, Inc. 4 6.56% $13,689
NORWICH COMMERCIAL GROUP, INC. 4 6.22% $12,334
ROYAL UNITED MORTGAGE LLC 4 7.06% $10,386
SOVEREIGN LENDING GROUP INCORPORATED 4 5.47% $16,354
NATIONS RELIABLE LENDING, LLC 4 6.44% $25,193
OCEANSIDE MORTGAGE COMPANY 4 6.47% $10,657
AmRes Corporation 4 7.06% $20,521
Armed Forces Bank 4 6.44% $29,592
Willamette Valley Bank 3 6.54% $11,043
LENOX FINANCIAL MORTGAGE CORPORATION 3 6.04% $21,606
HomeStreet Bank 3 6.58% $15,471
TOTAL MORTGAGE SERVICES, LLC 3 6.88% $12,098
LIBERTY HOME MORTGAGE CORPORATION 3 6.83% $21,428
Evolve Bank & Trust 3 7.17% $19,371
COMMUNITY MORTGAGE FUNDING, LLC 3 6.46% $15,436
PREMIA MORTGAGE, LLC 3 6.25% $11,798
MEMBER FIRST MORTGAGE, LLC 3 6.42% $9,730
RELIANCE FIRST CAPITAL, LLC 3 5.63% $12,727
Banner Bank 3 6.21% $9,963
The Central Trust Bank 3 6.50% $20,847
T2 FINANCIAL LLC 3 7.13% $16,885
Victorian Finance, LLC 3 6.83% $18,233
First Savings Bank 3 5.92% $16,437
SWBC MORTGAGE CORPORATION 3 7.04% $16,746
First Federal Bank 3 5.54% $19,209
Servion, Inc. 3 6.54% $22,459
Ixonia Bank 3 6.54% $30,953
Chickasaw Community Bank 3 6.42% $13,188
MY MORTGAGE, INC. 2 6.75% $18,525
Wyndham Capital Mortgage, Inc. 2 5.75% $12,366
OAKTREE FUNDING CORP. 2 5.75% $14,424
Paramount Bank 2 5.88% $20,627
JET DIRECT FUNDING CORP 2 6.44% $14,473
GSF Mortgage Corporation 2 5.63% $16,405
A&D Mortgage LLC 2 6.44% $50,319
Fremont Bank 2 6.37% $14,006
FirstBank 2 7.00% $10,246
Financial Partners Credit Union 2 6.50% $12,336
RUOFF MORTGAGE COMPANY, INC. 2 6.63% $20,767
FINANCE OF AMERICA MORTGAGE LLC 2 5.50% $19,880
DIRECTIONS EQUITY, LLC 2 6.44% $12,966
SOUTHWEST STAGE FUNDING, LLC 2 6.13% $7,409
Sunflower Bank 2 6.88% $30,446
VAN DYK MORTGAGE CORPORATION 2 7.19% $24,895
Axos Bank 2 6.69% $17,682
ALTURA 2 6.88% $17,899
NEXERA HOLDING LLC 1 6.63% $8,453
Fifth Third Bank 1 6.63% $10,252
RMS & Associates 1 6.25% $24,771
STOCKTON MORTGAGE CORPORATION 1 6.75% $20,716
Zions Bank 1 7.13% $23,083
RADIUS FINANCIAL GROUP INC. 1 7.25% $16,484
Quontic Bank 1 6.38% $28,998
WILLOW BEND MORTGAGE COMPANY, LLC 1 6.63% $17,222
CONTOUR MORTGAGE CORPORATION 1 5.50% $22,000
First Horizon Bank 1 6.13% $28,967
Flanagan State Bank 1 6.25% $18,443
FLAT BRANCH MORTGAGE, INC. 1 6.25% $12,795
Constant Investments, Inc. 1 6.25% $17,000
Great Plains National Bank 1 5.63% $11,312
Community First National Bank 1 6.75% $28,245
COMMUNITYAMERICA 1 7.13% $10,310
Comerica Bank 1 6.13% $11,455
HOMESPIRE MORTGAGE CORPORATION 1 6.63% $31,576
INTERCOASTAL MORTGAGE COMPANY 1 6.38% $29,292
KeyBank 1 5.63% $16,026
TRISTAR FINANCE, INC. 1 5.25% $32,143
CALLISTO GROUP, INC. 1 7.13% $41,241
PACIFIC SERVICE 1 7.50% $9,975
BNC National Bank 1 5.25% $29,574
1st Security Bank of Washington 1 6.50% $16,206
BAYSHORE MORTGAGE FUNDING, LLC 1 6.13% $23,984
Magnolia Bank 1 5.75% $13,636
Mid-Continent Funding, Inc. 1 5.25% $35,983
US MORTGAGE CORPORATION 1 6.75% $13,262
Utah Mortgage Loan Corporation 1 5.75% $8,932
MORTGAGE EQUITY PARTNERS LLC 1 6.75% $10,314
Bank of the West 1 6.25% $22,765
NEW WEST LENDING, INC. 1 6.38% $9,373
ONE NEVADA CREDIT UNION 1 5.50% $17,482
Old National Bank 1 5.63% $11,631
MLB RESIDENTIAL LENDING, LLC 1 7.25% $15,999
North American Savings Bank, F.S.B. 1 5.75% $16,692
MORTGAGE 1 INCORPORATED 1 7.50% $13,746
NJ LENDERS CORP. 1 5.63% $11,558
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.63% $27,090
MYCUMORTGAGE, LLC 1 7.00% $14,922
Encompass Lending Group, LP 1 7.25% $13,835
East Coast Capital Corp. 1 5.50% $33,507
DIRECTORS MORTGAGE, INC. 1 6.25% $20,075
SIRVA MORTGAGE, INC. 1 7.25% $31,184
Fidelity Bank 1 7.25% $8,527
MORTGAGE ACCESS CORP. 1 7.25% $18,135

The top California FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 9,547 FHA loans originated. Their average total fees are $19,714, which is $1,739 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee California FHA lenders (with over 10 loans originated) are CHERRY CREEK MORTGAGE, LLC ($6,208), MID AMERICA MORTGAGE, INC. ($7,822), BANC ONE MORTGAGE CORPORATION ($8,077), ALTITUDE FINANCIAL CORPORATION ($10,369) and PULTE MORTGAGE LLC ($11,058).

The lowest rate California FHA lenders (with over 10 loans originated) are INSPIRE HOME LOANS INC. (5.45%), K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. (5.46%), DHI MORTGAGE COMPANY, LTD. (5.53%), EAGLE HOME MORTGAGE, LLC (5.62%) and First-Citizens Bank & Trust Company (5.71%).

California 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
NON-METRO ALPINE 2014 $463,450 $593,300 $717,150 $891,250
NON-METRO AMADOR 2022 $420,680 $538,650 $651,050 $809,150
CHICO, CA BUTTE 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO CALAVERAS 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO COLUSA 2022 $420,680 $538,650 $651,050 $809,150
SAN FRANCISCO-OAKLAND-BERKELEY, CA CONTRA COSTA 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
CRESCENT CITY, CA DEL NORTE 2022 $420,680 $538,650 $651,050 $809,150
SACRAMENTO-ROSEVILLE-FOLSOM, CA EL DORADO 2022 $675,050 $864,200 $1,044,600 $1,298,200
FRESNO, CA FRESNO 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO GLENN 2022 $420,680 $538,650 $651,050 $809,150
EUREKA-ARCATA, CA HUMBOLDT 2022 $420,680 $538,650 $651,050 $809,150
EL CENTRO, CA IMPERIAL 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO INYO 2022 $431,250 $552,050 $667,350 $829,350
BAKERSFIELD, CA KERN 2022 $420,680 $538,650 $651,050 $809,150
HANFORD-CORCORAN, CA KINGS 2022 $420,680 $538,650 $651,050 $809,150
CLEARLAKE, CA LAKE 2022 $420,680 $538,650 $651,050 $809,150
SUSANVILLE, CA LASSEN 2022 $420,680 $538,650 $651,050 $809,150
LOS ANGELES-LONG BEACH-ANAHEIM, CA LOS ANGELES 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
MADERA, CA MADERA 2022 $420,680 $538,650 $651,050 $809,150
SAN FRANCISCO-OAKLAND-BERKELEY, CA MARIN 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
NON-METRO MARIPOSA 2022 $420,680 $538,650 $651,050 $809,150
UKIAH, CA MENDOCINO 2022 $506,000 $647,750 $783,000 $973,100
MERCED, CA MERCED 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO MODOC 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO MONO 2022 $563,500 $721,400 $872,000 $1,083,650
SALINAS, CA MONTEREY 2022 $854,450 $1,093,850 $1,322,200 $1,643,200
NAPA, CA NAPA 2022 $897,000 $1,148,350 $1,388,050 $1,725,050
TRUCKEE-GRASS VALLEY, CA NEVADA 2022 $609,500 $780,250 $943,150 $1,172,150
LOS ANGELES-LONG BEACH-ANAHEIM, CA ORANGE 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
SACRAMENTO-ROSEVILLE-FOLSOM, CA PLACER 2022 $675,050 $864,200 $1,044,600 $1,298,200
NON-METRO PLUMAS 2022 $420,680 $538,650 $651,050 $809,150
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA RIVERSIDE 2022 $562,350 $719,900 $870,200 $1,081,450
SACRAMENTO-ROSEVILLE-FOLSOM, CA SACRAMENTO 2022 $675,050 $864,200 $1,044,600 $1,298,200
SAN JOSE-SUNNYVALE-SANTA CLARA, CA SAN BENITO 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA SAN BERNARDINO 2022 $562,350 $719,900 $870,200 $1,081,450
SAN DIEGO-CHULA VISTA-CARLSBAD, CA SAN DIEGO 2022 $879,750 $1,126,250 $1,361,350 $1,691,850
SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN FRANCISCO 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
STOCKTON, CA SAN JOAQUIN 2022 $563,500 $721,400 $872,000 $1,083,650
SAN LUIS OBISPO-PASO ROBLES, CA SAN LUIS OBISPO 2022 $805,000 $1,030,550 $1,245,700 $1,548,100
SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN MATEO 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
SANTA MARIA-SANTA BARBARA, CA SANTA BARBARA 2022 $783,150 $1,002,600 $1,211,900 $1,506,100
SAN JOSE-SUNNYVALE-SANTA CLARA, CA SANTA CLARA 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
SANTA CRUZ-WATSONVILLE, CA SANTA CRUZ 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
REDDING, CA SHASTA 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO SIERRA 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO SISKIYOU 2022 $420,680 $538,650 $651,050 $809,150
VALLEJO, CA SOLANO 2022 $614,100 $786,150 $950,300 $1,181,000
SANTA ROSA-PETALUMA, CA SONOMA 2022 $764,750 $979,000 $1,183,400 $1,470,700
MODESTO, CA STANISLAUS 2022 $460,000 $588,850 $711,800 $884,600
YUBA CITY, CA SUTTER 2022 $420,900 $538,800 $651,300 $809,450
RED BLUFF, CA TEHAMA 2022 $420,680 $538,650 $651,050 $809,150
NON-METRO TRINITY 2022 $420,680 $538,650 $651,050 $809,150
VISALIA, CA TULARE 2022 $420,680 $538,650 $651,050 $809,150
SONORA, CA TUOLUMNE 2022 $420,680 $538,650 $651,050 $809,150
OXNARD-THOUSAND OAKS-VENTURA, CA VENTURA 2022 $851,000 $1,089,450 $1,316,900 $1,636,550
SACRAMENTO-ROSEVILLE-FOLSOM, CA YOLO 2022 $675,050 $864,200 $1,044,600 $1,298,200
YUBA CITY, CA YUBA 2022 $420,900 $538,800 $651,300 $809,450
SAN FRANCISCO-OAKLAND-BERKELEY, CA ALAMEDA 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
NON-METRO ALPINE 2023 $497,950 $637,450 $770,550 $957,600
NON-METRO AMADOR 2023 $472,030 $604,400 $730,525 $907,900
CHICO, CA BUTTE 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO CALAVERAS 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO COLUSA 2023 $472,030 $604,400 $730,525 $907,900
SAN FRANCISCO-OAKLAND-BERKELEY, CA CONTRA COSTA 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
CRESCENT CITY, CA DEL NORTE 2023 $472,030 $604,400 $730,525 $907,900
SACRAMENTO-ROSEVILLE-FOLSOM, CA EL DORADO 2023 $763,600 $977,550 $1,181,650 $1,468,500
FRESNO, CA FRESNO 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO GLENN 2023 $472,030 $604,400 $730,525 $907,900
EUREKA-ARCATA, CA HUMBOLDT 2023 $472,030 $604,400 $730,525 $907,900
EL CENTRO, CA IMPERIAL 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO INYO 2023 $508,300 $650,700 $786,550 $977,500
BAKERSFIELD, CA KERN 2023 $472,030 $604,400 $730,525 $907,900
HANFORD-CORCORAN, CA KINGS 2023 $472,030 $604,400 $730,525 $907,900
CLEARLAKE, CA LAKE 2023 $472,030 $604,400 $730,525 $907,900
SUSANVILLE, CA LASSEN 2023 $472,030 $604,400 $730,525 $907,900
LOS ANGELES-LONG BEACH-ANAHEIM, CA LOS ANGELES 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
MADERA, CA MADERA 2023 $472,030 $604,400 $730,525 $907,900
SAN FRANCISCO-OAKLAND-BERKELEY, CA MARIN 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
NON-METRO MARIPOSA 2023 $472,030 $604,400 $730,525 $907,900
UKIAH, CA MENDOCINO 2023 $546,250 $699,300 $845,300 $1,050,500
MERCED, CA MERCED 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO MODOC 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO MONO 2023 $693,450 $887,750 $1,073,100 $1,333,600
SALINAS, CA MONTEREY 2023 $915,400 $1,171,900 $1,416,550 $1,760,400
NAPA, CA NAPA 2023 $1,017,750 $1,302,900 $1,574,900 $1,957,250
TRUCKEE-GRASS VALLEY, CA NEVADA 2023 $644,000 $824,450 $996,550 $1,238,500
LOS ANGELES-LONG BEACH-ANAHEIM, CA ORANGE 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
SACRAMENTO-ROSEVILLE-FOLSOM, CA PLACER 2023 $763,600 $977,550 $1,181,650 $1,468,500
NON-METRO PLUMAS 2023 $472,030 $604,400 $730,525 $907,900
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA RIVERSIDE 2023 $644,000 $824,450 $996,550 $1,238,500
SACRAMENTO-ROSEVILLE-FOLSOM, CA SACRAMENTO 2023 $763,600 $977,550 $1,181,650 $1,468,500
SAN JOSE-SUNNYVALE-SANTA CLARA, CA SAN BENITO 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA SAN BERNARDINO 2023 $644,000 $824,450 $996,550 $1,238,500
SAN DIEGO-CHULA VISTA-CARLSBAD, CA SAN DIEGO 2023 $977,500 $1,251,400 $1,512,650 $1,879,850
SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN FRANCISCO 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
STOCKTON, CA SAN JOAQUIN 2023 $656,650 $840,650 $1,016,150 $1,262,800
SAN LUIS OBISPO-PASO ROBLES, CA SAN LUIS OBISPO 2023 $911,950 $1,167,450 $1,411,200 $1,753,800
SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN MATEO 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
SANTA MARIA-SANTA BARBARA, CA SANTA BARBARA 2023 $805,000 $1,030,550 $1,245,700 $1,548,100
SAN JOSE-SUNNYVALE-SANTA CLARA, CA SANTA CLARA 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
SANTA CRUZ-WATSONVILLE, CA SANTA CRUZ 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
REDDING, CA SHASTA 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO SIERRA 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO SISKIYOU 2023 $472,030 $604,400 $730,525 $907,900
VALLEJO, CA SOLANO 2023 $685,400 $877,450 $1,060,600 $1,318,100
SANTA ROSA-PETALUMA, CA SONOMA 2023 $861,350 $1,102,700 $1,332,900 $1,656,450
MODESTO, CA STANISLAUS 2023 $517,500 $662,500 $800,800 $995,200
YUBA CITY, CA SUTTER 2023 $488,750 $625,700 $756,300 $939,900
RED BLUFF, CA TEHAMA 2023 $472,030 $604,400 $730,525 $907,900
NON-METRO TRINITY 2023 $472,030 $604,400 $730,525 $907,900
VISALIA, CA TULARE 2023 $472,030 $604,400 $730,525 $907,900
SONORA, CA TUOLUMNE 2023 $472,030 $604,400 $730,525 $907,900
OXNARD-THOUSAND OAKS-VENTURA, CA VENTURA 2023 $948,750 $1,214,600 $1,468,150 $1,824,550
SACRAMENTO-ROSEVILLE-FOLSOM, CA YOLO 2023 $763,600 $977,550 $1,181,650 $1,468,500
YUBA CITY, CA YUBA 2023 $488,750 $625,700 $756,300 $939,900

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).