If you want to learn about the 2024 FHA Loan Limits in California, you’ve come to the right place.
Today, we’ll reveal and explain the updated 2024 FHA Loan Limits for The Golden State.
Unlike conforming loan limits, the Federal Housing Administration (FHA) sets its own loan limits.
In 2024, California saw a nice bump to its FHA loan limits; these new limits are as follows:
- Single-family properties: $498,257
- Two-family properties: $637,950
- Three-family properties: $771,125
- Four-family properties: $958,350
However, it’s important to note that some counties in California have higher FHA loan limits due to increased median home prices.
For example, San Francisco, Los Angeles, Oakland, Berkley, Santa Cruz, Long Beach, Anaheim, San Jose Santa Clara, Watsonville, Sunnyvale, have the highest FHA loan limits in California at $1,149,825 for single family, $1,472,250 for two family, $1,779,525 for three family, and $2,211,600 for four family.
Table of Contents
2024 FHA Loan Limits in California By County
| California City/Area | County Name | One-Family | Two-Family | Three-Family | Four-Family | Median Sale Price |
|---|---|---|---|---|---|---|
| BAKERSFIELD, CA | KERN | $498,257 | $637,950 | $771,125 | $958,350 | $335,000 |
| CHICO, CA | BUTTE | $498,257 | $637,950 | $771,125 | $958,350 | $284,000 |
| CLEARLAKE, CA | LAKE | $498,257 | $637,950 | $771,125 | $958,350 | $250,000 |
| CRESCENT CITY, CA | DEL NORTE | $498,257 | $637,950 | $771,125 | $958,350 | $280,000 |
| EL CENTRO, CA | IMPERIAL | $498,257 | $637,950 | $771,125 | $958,350 | $310,000 |
| EUREKA-ARCATA, CA | HUMBOLDT | $498,257 | $637,950 | $771,125 | $958,350 | $395,000 |
| FRESNO, CA | FRESNO | $498,257 | $637,950 | $771,125 | $958,350 | $395,000 |
| HANFORD-CORCORAN, CA | KINGS | $498,257 | $637,950 | $771,125 | $958,350 | $337,000 |
| LOS ANGELES-LONG BEACH-ANAHEIM, CA | LOS ANGELES | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 | $1,150,000 |
| LOS ANGELES-LONG BEACH-ANAHEIM, CA | ORANGE | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 | $1,150,000 |
| NAPA, CA | NAPA | $1,017,750 | $1,302,900 | $1,574,900 | $1,957,250 | $855,000 |
| NON-METRO | MONO | $693,450 | $887,750 | $1,073,100 | $1,333,600 | $581,000 |
| NON-METRO | INYO | $508,300 | $650,700 | $786,550 | $977,500 | $400,000 |
| NON-METRO | ALPINE | $503,700 | $644,800 | $779,450 | $968,650 | $438,000 |
| NON-METRO | AMADOR | $498,257 | $637,950 | $771,125 | $958,350 | $388,000 |
| NON-METRO | GLENN | $498,257 | $637,950 | $771,125 | $958,350 | $309,000 |
| NON-METRO | PLUMAS | $498,257 | $637,950 | $771,125 | $958,350 | $300,000 |
| NON-METRO | MARIPOSA | $498,257 | $637,950 | $771,125 | $958,350 | $303,000 |
| NON-METRO | SIERRA | $498,257 | $637,950 | $771,125 | $958,350 | $275,000 |
| NON-METRO | CALAVERAS | $498,257 | $637,950 | $771,125 | $958,350 | $375,000 |
| NON-METRO | COLUSA | $498,257 | $637,950 | $771,125 | $958,350 | $367,000 |
| OXNARD-THOUSAND OAKS-VENTURA, CA | VENTURA | $954,500 | $1,221,950 | $1,477,050 | $1,835,600 | $830,000 |
| RED BLUFF, CA | TEHAMA | $498,257 | $637,950 | $771,125 | $958,350 | $275,000 |
| REDDING, CA | SHASTA | $498,257 | $637,950 | $771,125 | $958,350 | $340,000 |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA | RIVERSIDE | $644,000 | $824,450 | $996,550 | $1,238,500 | $557,000 |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA | SAN BERNARDINO | $644,000 | $824,450 | $996,550 | $1,238,500 | $557,000 |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA | SACRAMENTO | $763,600 | $977,550 | $1,181,650 | $1,468,500 | $635,000 |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA | PLACER | $763,600 | $977,550 | $1,181,650 | $1,468,500 | $635,000 |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA | YOLO | $763,600 | $977,550 | $1,181,650 | $1,468,500 | $635,000 |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA | EL DORADO | $763,600 | $977,550 | $1,181,650 | $1,468,500 | $635,000 |
| SALINAS, CA | MONTEREY | $920,000 | $1,177,750 | $1,423,650 | $1,769,250 | $800,000 |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA | SAN DIEGO | $1,006,250 | $1,288,200 | $1,557,150 | $1,935,150 | $875,000 |
| SAN FRANCISCO-OAKLAND-BERKELEY, CA | CONTRA COSTA | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 | $1,595,000 |
| SAN FRANCISCO-OAKLAND-BERKELEY, CA | MARIN | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 | $1,595,000 |
| SAN FRANCISCO-OAKLAND-BERKELEY, CA | ALAMEDA | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 | $1,595,000 |
| SAN FRANCISCO-OAKLAND-BERKELEY, CA | SAN MATEO | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 | $1,595,000 |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA | SAN BENITO | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 | $1,600,000 |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA | SANTA CLARA | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 | $1,600,000 |
| SAN LUIS OBISPO-PASO ROBLES, CA | SAN LUIS OBISPO | $929,200 | $1,189,550 | $1,437,900 | $1,786,950 | $808,000 |
| SANTA CRUZ-WATSONVILLE, CA | SANTA CRUZ | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 | $1,070,000 |
| SANTA MARIA-SANTA BARBARA, CA | SANTA BARBARA | $838,350 | $1,073,250 | $1,297,300 | $1,612,250 | $729,000 |
| SANTA ROSA-PETALUMA, CA | SONOMA | $877,450 | $1,123,300 | $1,357,800 | $1,687,450 | $763,000 |
| SONORA, CA | TUOLUMNE | $498,257 | $637,950 | $771,125 | $958,350 | $357,000 |
| STOCKTON, CA | SAN JOAQUIN | $656,650 | $840,650 | $1,016,150 | $1,262,800 | $565,000 |
| SUSANVILLE, CA | LASSEN | $498,257 | $637,950 | $771,125 | $958,350 | $190,000 |
| TRUCKEE-GRASS VALLEY, CA | NEVADA | $644,000 | $824,450 | $996,550 | $1,238,500 | $550,000 |
| VALLEJO, CA | SOLANO | $685,400 | $877,450 | $1,060,600 | $1,318,100 | $590,000 |
| VISALIA, CA | TULARE | $498,257 | $637,950 | $771,125 | $958,350 | $340,000 |
| YUBA CITY, CA | SUTTER | $498,257 | $637,950 | $771,125 | $958,350 | $425,000 |
| YUBA CITY, CA | YUBA | $498,257 | $637,950 | $771,125 | $958,350 | $425,000 |
What are the 2024 FHA Loan Limits San Diego?
The 2024 FHA loan limits for San Diego county, which includes San Diego, Chula Vista, and Carlsbad, are $1,006,250 for one-unit properties, $1,288,200 for two-unit properties, $1,557,150 for three-unit properties, and $1,935,150 for four-unit properties.
What is the Max FHA Loan California for 2024?
The max 2024 FHA loan limits in California, Single-family properties: $498,257; Two-family properties: $637,950; Three-family properties: $771,125; and Four-family properties: $958,350.
Note: 28 of the 50 California counties have higher FHA loan limits, so be sure to check-out the table above.
What Determines FHA Loan Limits?
FHA loan limits are determined individually for each county, primarily based on median home prices from the previous year.
The Federal Housing Finance Agency (FHFA) uses housing price data to set conforming loan limits for conventional loans.
The U.S. Department of Housing and Urban Development (HUD) then employs these limits to establish both a “floor” and a “ceiling” for FHA loans.
The “floor” represents the maximum loan amount available for FHA loans in most regions, calculated as 65% of the conforming loan limit.
In contrast, the “ceiling” applies to high-cost areas and can be as much as 150% of the conforming loan limit.
2024 FHA Loan Requirements California
An FHA-backed loan provides homebuyers in California with the opportunity to purchase a home with more lenient credit score requirements and a smaller down payment compared to conventional loan standards.
Here’s a general guide on how to qualify for an FHA loan in California in 2024:
1. Credit Score Requirements
- Minimum Credit Score: Typically, a minimum credit score of 580 is required for an FHA loan, allowing a down payment as low as 3.5%.
- Lower Credit Scores: Applicants with credit scores between 500 and 579 may still be eligible but might need a down payment of at least 10%.
2. Down Payment
- Standard Down Payment: With a credit score of 580 or higher, a 3.5% down payment is standard.
- Gift Funds: FHA loans permit down payments using gift funds, subject to specific conditions and documentation.
3. Debt-to-Income Ratio (DTI)
- DTI Limits: Generally, your DTI should not exceed 43% to 45%, comparing your gross monthly income to your monthly debt obligations.
- Higher DTI Ratios: In some cases, lenders may accept higher DTI ratios if there are compensating factors, such as a higher credit score or larger down payment.
4. Mortgage Insurance
- Upfront and Annual Premiums: FHA loans require both upfront and annual mortgage insurance premiums (MIP). The upfront MIP can be rolled into the mortgage, while the annual MIP is paid monthly as part of your mortgage payment.
5. Property Requirements
- Primary Residence: The property must serve as your primary residence, not an investment property.
- FHA Appraisal: An FHA-approved appraiser must assess the property to ensure it meets specific safety, security, and structural integrity standards.
6. Employment History
- Stable Employment: Lenders generally prefer a stable employment history, usually two years with the same employer or in the same line of work.
7. Income Verification
- Proof of Income: Provide proof of income through pay stubs, tax returns, and W-2s.
- Consistent Income: The income should be consistent and expected to continue.
8. Loan Limits
- Adherence to Loan Limits: Ensure that the loan amount you seek falls within the FHA loan limits for your area in California.
9. Additional Documentation
- Identification: A valid government-issued ID.
- Social Security Number: Required for all borrowers on the loan application.
- Additional Documents: Depending on the lender, other documentation may be necessary.
10. Lender Specific Requirements
- Lender Overlay: Some lenders may have additional ‘overlays’ or requirements beyond what the FHA mandates.
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About the Author
Brian Reese is a senior advisor and co-owner at District Lending. He is one of the world’s leading experts in veteran benefits, having helped millions of veterans secure their financial future since 2013. Brian is the founder VA Claims Insider, an education-based Coaching & Consulting company whose mission is to educate and empower veterans to get the VA disability benefits they’ve earned for their honorable service. A former active-duty air force officer, Brian deployed to Afghanistan in support of Operation Enduring Freedom. He is a distinguished graduate of management of the United States Air Force Academy and earned his MBA as a National Honor Scholar from the Spears School of Business at Oklahoma State University.
“As a military veteran, I’ve made it my life’s mission to help people live happier and wealthier lives. District Lending brings this mission to life. We believe in integrity, honesty, and transparency, which is why you’ll see our rates right on our website. You’ll find lower rates and zero lending fees, which means you can buy your dream home for less. The savings are passed on to you — the way it should be.”
– Brian Reese, Advisor and Co-Owner, District Lending
