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FHA Loans in Los Angeles
Can I get an FHA loan with good credit in Los Angeles?
Yes. FHA requires a minimum 580 representative credit score for a primary residence. A stronger score exceeds that floor and strengthens your application.
01
Los Angeles median home price sits at $1,150,000 as of early September 2026. At $631 per square foot, homes move in about 48 days on average. Rates vary by borrower profile and market conditions.
On the quoted FHA scenario, a $777,202 purchase with $27,202 down (3.5%) carries a $4,497 monthly principal and interest payment. Full PITIA including taxes, insurance and mortgage insurance runs $5,991 per month.
6.00%
Interest rate (quoted scenario)
$4,497
Monthly PI on $750K loan
580
Minimum credit score
96.5%
Maximum LTV
$1,150,000
LA median home price
02
FHA requires a minimum 580 representative credit score for a primary residence. Your loan-to-value ratio cannot exceed 96.5 percent—that means 3.5 percent down is the floor.
Housing debt-to-income tops out at 31 percent; total debt-to-income at 43 percent. On the quoted scenario, you'd need roughly $19,326 monthly income to clear the 31 percent housing ratio.
Local decision guide
Use this guide to connect fha loans eligibility, lender expectations, and local market factors before comparing payment options in Los Angeles.
Los Angeles median home price sits at $1,150,000 as of early September 2026. At $631 per square foot, homes move in about 48 days on average. Rates vary by borrower profile and market conditions.
On the quoted FHA scenario, a $777,202 purchase with $27,202 down (3.5%) carries a $4,497 monthly principal and interest payment. Full PITIA including taxes, insurance and mortgage insurance runs $5,991 per month.
FHA requires a minimum 580 representative credit score for a primary residence. Your loan-to-value ratio cannot exceed 96.5 percent—that means 3.5 percent down is the floor.
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.
03
FHA loans are government-insured, so lenders across California write them with consistent underwriting rules. Brokers like SRK CAPITAL shop FHA across wholesale lender partners to find the best rate and terms.
SRK CAPITAL closes FHA loans in 17 to 21 days, or 10 days when expedited. Underwriting focuses on credit history, income documentation, employment stability and the property's condition.
04
FHA makes sense in Los Angeles when your down payment is under 20 percent and your credit score is solid but not perfect. At the $1,150,000 median price, FHA's 3.5 percent down opens the door for buyers who'd struggle to save more.
The tradeoff is lifetime mortgage insurance that never cancels unless you refinance—that's real cost over 30 years. If you can save more and your credit is 740 or higher, conventional financing may cost less over time.
05
FHA and conventional both work in Los Angeles, but they trade off down payment against insurance duration. FHA gets you in with 3.5 percent down and a 580 credit floor, but mortgage insurance never cancels unless you refinance.
Conventional typically asks for 5 to 10 percent down and a higher credit score, but PMI drops off automatically at 78 percent LTV. At the quoted 6 percent FHA rate, your all-in PITIA is $5,991.
06
LAUSD faces fiscal scrutiny from LA County, with officials warning of insolvency risk and potential loss of local control. Budget cuts are coming, so factor in potential changes to school funding when choosing your neighborhood.
The entertainment sector is shifting too. LA County flagged roughly 2,495 jobs at risk from the Paramount-Skydance merger. If your household income depends on studio work, confirm your employment stability before locking in a mortgage.
07
FHA lending in Los Angeles remains steady as down-payment barriers keep many buyers out of conventional financing. The $1,150,000 median price pushes qualification income requirements high.
FHA's 3.5 percent down and 580 credit floor reach buyers conventional products exclude. SRK CAPITAL closes FHA loans in 17 to 21 days, or 10 days when expedited.
FAQ
Yes. FHA requires a minimum 580 representative credit score for a primary residence. A stronger score exceeds that floor and strengthens your application.
Principal and interest run $4,497 per month at 6% on the quoted scenario. Add $810 property taxes, $246 insurance and $438 mortgage insurance for a full PITIA of $5,991.
Yes. Below 10 percent down, MIP runs for the life of the loan unless you refinance. At 10 percent or more down, it cancels automatically after 11 years.
FHA requires a minimum 3.5 percent down payment. On a $777,202 purchase, that's $27,202. You cannot exceed 96.5 percent loan-to-value.
On the quoted $777,202 purchase, you'd need roughly $19,326 monthly income to clear the 31 percent housing debt-to-income ratio. That's about $232,000 annually.
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.