California FHA loans are home loans insured by the FHA (Federal Housing Administration) which give California borrowers the opportunity to secure CA home loans, when they don't quality for other conventional loans. For example, future California homeowners with little credit history or poor credit history are sometimes able to qualify for California FHA loans.

California FHA Loans for First Time Homeowners

CA FHA loans are ideal for first-time California homeowners due to low down-payment requirements and flexible qualifying guidelines.

Refinancing with FHA Loans in California

FHA also offers a refinancing option for California homeowners where it's possible to refinance up to 97.5% of your home’s value. Additionally, there’s also an option for FHA cash-out refinance of up to 85%.

FHA Loan Requirements - California

  • No income limit
  • California borrower credit score flexibility
  • 3.5% down payment on California Purchase Loans
  • Bankruptcy: CA FHA loans can be obtained as soon as 2 years after Chapter 7 discharge (assuming good credit history since)
  • Foreclosures: A California FHA loan can be obtained as early as 3 years after the final date of foreclosure (assuming good credit history since)

California (CA) FHA Loan Limits

FHA loan limits in California vary based on a number of criteria including the specific location (county), number of units in the property (up to 4-unit properties in California), etc. Please contact Home Point Financial's California FHA loan experts for details on loan limits for FHA loans in California (CA).

Contact Home Point Financial to learn more about FHA loans in California.