California
Mortgage RatesAll mortgage rates displayed are provided by Zillow based on borrowers with credit scores between 680-740 and represent averages and trends. Please consult with Cal Fed Mortgage to receive a personalized rate for your specific situation.
FHA home loans are popular among California first-time homebuyers due to low down payment and credit requirements.
FHA Loans
A conventional(fixed-rate mortgage) is a popular type of home financing in California because it offers predictability for your budget.
Conventional Loans
A jumbo home loan is a mortgage used to finance California properties that are too expensive for a conventional conforming loan.
Jumbo LoansConventional mortgages are ideal for buyers with good credit and money to put down. They typically require a higher down payment, usually 5%–20% and also have higher income and credit score requirements than government loans. Typical fixed-rate loans have a term of 30 or 15 years.
FHA loans are designed to benefit first-time homebuyers and buyers with less than perfect credit and not a lot of money to put down. FHA loan limits vary by county. View the FHA loan limits in your area.
If you are a veteran or a current member of the U.S. military, you can apply for a VA Loan, which currently offers up to 100% home financing. Thank you for your service!
Curious about refinancing your home in California? Now may be the right time to start saving money every month!
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May 15, 2026
If you've been watching the housing market from the sidelines, wondering when things might finally shift in your favor, you're not alone. After a couple of years that felt like a marathon through mud for prospective homebuyers, we're starting to see some interesting changes that could make this spring season worth paying attention to. Let's…
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May 8, 2026
If you've been waiting for the housing market to behave predictably, well, you might want to grab a comfortable chair. The spring of 2026 has delivered a few plot twists that even seasoned mortgage professionals didn't see coming. Let's break down what's actually happening out there—and what it means for your homeownership plans. The Great…
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May 1, 2026
If you've been watching the housing market lately, you might feel like you're observing a chess match where both players are still deciding whether they actually want to move their pieces. Spring 2026 has brought some interesting dynamics to the table, and whether you're thinking about buying your first home or finally making that move…
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