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FHA Loans in Burbank
What's the monthly payment on an FHA loan for $750,000 in Burbank?
Principal and interest run $4,437 per month at 5.875% on a $750,000 FHA loan. Add property taxes, insurance, and mortgage insurance for your total housing payment. Rates vary by borrower profile and market conditions.
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Burbank's median home price is $1,100,000, with homes spending 40 days on market. At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest.
LA County placed LAUSD under heightened fiscal oversight due to budget concerns. For buyers, this underscores the importance of locking in a stable mortgage payment now.
5.875%
Interest Rate
$4,437
Monthly Payment (P&I)
580
Minimum Credit Score
96.5%
Max LTV
$1,249,125
2026 FHA Limit
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FHA requires a minimum 580 representative credit score for a primary residence. You'll also need a maximum 96.5 percent loan-to-value ratio, which means 3.5 percent down.
Your housing debt-to-income ratio cannot exceed 31 percent for a primary residence. Total debt-to-income must stay at a maximum 43 percent.
Local decision guide
Use this guide to connect fha loans eligibility, lender expectations, and local market factors before comparing payment options in Burbank.
Burbank's median home price is $1,100,000, with homes spending 40 days on market. At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest.
LA County placed LAUSD under heightened fiscal oversight due to budget concerns. For buyers, this underscores the importance of locking in a stable mortgage payment now.
FHA requires a minimum 580 representative credit score for a primary residence. You'll also need a maximum 96.5 percent loan-to-value ratio, which means 3.5 percent down.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
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FHA loans are written by both retail banks and mortgage brokers across California. Brokers like SRK CAPITAL shop your file across wholesale lender partners to find the best rate and terms.
Underwriting focuses on your credit history, income stability, and the property's condition. SRK CAPITAL closes FHA loans in 17 to 21 days, or in 10 days when expedited.
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FHA makes sense in Burbank when you have solid credit but limited savings. The 3.5 percent down requirement opens the door to buyers who'd otherwise wait years to save 20 percent.
At $1,100,000 median price and $87,760 Los Angeles County median household income, FHA's fixed rate protects you from future rate swings. The tradeoff is mortgage insurance for the life of the loan if you put down less than 10 percent.
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Conventional loans typically require 5 to 20 percent down and carry PMI only while your loan-to-value stays above 80 percent. FHA's 3.5 percent down is a real advantage if you're short on savings.
FHA's mortgage insurance never cancels unless you refinance, even after you build equity. Conventional PMI drops automatically at 78 percent LTV under the Homeowners Protection Act. The choice depends on how long you plan to stay.
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Burbank sits in Los Angeles County, where the median household income of $87,760 supports the $1,100,000 median home price with FHA financing. The county's strong job market in entertainment and aerospace keeps buyer demand steady.
LA County estimates the Paramount-Skydance merger could affect approximately 2,495 local jobs in studio-related sectors. For Burbank buyers in stable roles outside that sector, FHA's fixed payment provides predictability.
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Burbank's 167 active listings and 40-day average market time reflect steady buyer interest. FHA financing accounts for a meaningful share of purchases in this price range, especially among first-time buyers.
Price per square foot sits at $773, down from earlier in the year. This softening creates opportunity for FHA buyers who can move quickly with pre-approval.
FAQ
Principal and interest run $4,437 per month at 5.875% on a $750,000 FHA loan. Add property taxes, insurance, and mortgage insurance for your total housing payment. Rates vary by borrower profile and market conditions.
No. FHA requires a minimum 580 representative credit score for a primary residence. Many lenders work with borrowers in the 580–640 range.
Yes. The 2026 FHA loan limit for Los Angeles County is $1,249,125, so a $1.1 million purchase is within reach. You'll need 3.5 percent down and meet debt-to-income limits.
SRK CAPITAL closes FHA loans in 17 to 21 days. If your file is expedited, closing can happen in 10 days. Speed depends on document submission and appraisal timeline.
Mortgage insurance cancels after 11 years if you put down 10 percent or more. Below 10 percent down, it runs for the life of the loan unless you refinance.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in Los Angeles County
Our team of licensed mortgage brokers works Los Angeles County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including Los Angeles County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
Side-by-side comparisons to help you choose the right mortgage program.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.