Government
FHA High Balance Mortgages in Los Angeles, CA
Looking for the best FHA High Balance Mortgages in Los Angeles, CA? Our local team specializes in helping Los Angeles residents secure competitive financing. Whether you're buying in Encino or Sherman Oaks, we have the expertise to guide you.
Key Facts About FHA High Balance Mortgages
CMRE FHA loans require a minimum down payment of 3.5%.
FHA loans from CMRE accept FICO scores as low as 580.
CMRE FHA mortgages include upfront and annual mortgage insurance premiums.
FHA loans at CMRE allow seller concessions up to 6% of the purchase price.
CMRE processes FHA loans for single-family homes, condos, and 2-4 unit properties.
CMRE is an approved government lender for FHA High Balance Mortgages.
CMRE offers VOE-only and P&L options for FHA High Balance Mortgages.
CMRE closes FHA High Balance Mortgages in 25-35 days.
Program Benefits
Lower down payment options compared to conventional loans.
More lenient credit score requirements, starting at 580.
Ideal for borrowers in high-cost housing markets.
Competitive interest rates, with starting rates around 6.25%.
Backed by the Federal Housing Administration (FHA), offering added security.
Helps you afford homes that exceed standard FHA loan limits.
Program Highlights
Max LTV
96.5%
Min Credit Score
580
Max DTI
55%
Loan Amount Range
$100K - $1.5M+
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
Program Requirements
Income Documentation
- •Stable employment history is required.
- •Income must be sufficient to cover mortgage payments and other debts.
- •Documentation such as pay stubs and tax returns are necessary.
- •Self-employed borrowers will need to provide additional documentation.
Asset Verification
- •Sufficient funds for down payment and closing costs are required.
- •Assets may include savings accounts, investment accounts, and retirement funds.
- •Gift funds are permitted with proper documentation.
- •Verification of funds is required through bank statements and other financial documents.
Insurance & Title
- •Mortgage insurance is required for the life of the loan.
- •Hazard insurance is required to protect the property.
- •Flood insurance may be required if the property is located in a flood zone.
- •Insurance premiums must be current and verifiable.
Property Requirements
- •Minimum FICO score of 580 required.
- •A credit history demonstrating responsible borrowing is necessary.
- •Recent bankruptcies or foreclosures may impact eligibility.
- •Collections and judgments may need to be addressed.
FHA High Balance Mortgages in Los Angeles: The Complete Guide
What Is FHA High Balance Mortgages?
FHA High Balance loans are designed for borrowers who need to finance homes in areas where housing costs exceed the standard FHA loan limits. These loans offer the benefits of traditional FHA loans, such as lower down payments and more flexible credit requirements, but with higher loan amounts. This allows more people to purchase homes in expensive markets.
Eligibility for FHA High Balance Mortgages
- •Eligibility depends on the specific agency requirements (FHA/VA/USDA).
- •FHA: primary residence, meets HUD property standards, 580+ FICO (500 with 10% down).
- •VA: eligible military service or surviving spouse status, no down payment.
- •USDA: eligible rural area, income limits apply.
- •CMRE evaluates your situation and recommends FHA High Balance Mortgages or alternatives with lower total cost.
CMRE Specialty Programs for FHA High Balance Mortgages
- •VOE-Only FHA: qualify with employer verification only — no pay stubs or tax returns.
- •P&L FHA: CPA-prepared profit & loss for self-employed qualification.
- •FHA Streamline: refinance with no appraisal, no income verification.
- •VA IRRRL: streamline refinance for veterans with minimal documentation.
- •CMRE processes government loans faster than industry average.
Apply for FHA High Balance Mortgages with CMRE
- •Step 1: CMRE determines eligibility and provides rate estimate.
- •Step 2: Documentation varies by program (standard, VOE-only, or P&L).
- •Step 3: Pre-approval within 24 hours.
- •Step 4: Government appraisal and underwriting coordinated by CMRE.
- •Step 5: Closing in 25-35 days from application.
Current Mortgage Rates
30-Year Fixed Rate
6%
as of 3/5/2026 · FRED
Est. Monthly Payment in Los Angeles County
$4,221/mo
Based on $880,000 median · 20% down · P&I only
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Est. Monthly Payment in Los Angeles County
$5,726/mo
Based on $880,000 median · 20% down · P&I only
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Live Market Data: Los Angeles County
Source: Redfin · 2026-01-31Median Sale Price
$880,000
Median List Price
$958,000
Price / Sq Ft
$573.729
Days on Market
69
Active Listings
13,791
Homes Sold
2,897
Sale-to-List Ratio
99.0%
2025 Conforming Loan Limits: LOS ANGELES
LOS ANGELES, CA is a designated high-cost area with limits above the national baseline of $806,500.
1-Unit (SFR)
$1,209,750
2-Unit (Duplex)
$1,548,480
3-Unit (Triplex)
$1,871,483
4-Unit (Fourplex)
$2,326,349
Source: FHFA 2025 Conforming Loan Limits. Loans above these limits require jumbo financing.
FHA High Balance Mortgages in Los Angeles, CA
Get competitive mortgage rates in Los Angeles from a local lender who understands the Southern California market. Custom Mortgage & Real Estate specializes in providing high-fidelity FHA High Balance Mortgages solutions tailored to the unique economic landscape of Los Angeles and the surrounding Los Angeles County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireLos Angeles metropolitan area.
Multi-family properties are in high demand; look into 2-4 unit conventional financing.
Service Areas & Neighborhoods
Our Los Angeles Presence
Local Knowledge. Global Rates.
16501 Ventura Blvd STE 400
Encino, CA 91436
Direct Line
877-976-5669Recent CMRE Closings in California
Funded TransactionsConventional Cash-Out Refinance, Los Angeles CA
Los Angeles, CA
Hard Money JR LIEN, Willowbrook CA
Willowbrook, CA
Commercial Property Financing, Silicon Valley CA
Silicon Valley, CA
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Get Matched in 60 Seconds
Our AI Instant Advisor analyzes your situation — credit, loan amount, property type — and matches you to the right program. No credit pull. No obligation.
Common Questions About FHA High Balance Mortgages in Los Angeles
An FHA High Balance Mortgage is an FHA-insured loan that exceeds the standard FHA loan limits for a specific area. It allows borrowers to purchase homes in high-cost areas while still benefiting from the features of an FHA loan.
FHA High Balance loans typically offer lower down payments, more flexible credit requirements, and competitive interest rates compared to conventional high-balance loans. They are a good option for borrowers who may not qualify for a conventional loan.
The minimum credit score required for an FHA High Balance Mortgage with CMRE is 580.
The maximum loan amount varies depending on the county in which the property is located. CMRE can help you determine the specific loan limit for your area.
FHA: 580+ (500 with 10% down). VA: no official minimum (generally 580-620). CMRE evaluates each case.
Most government programs require owner-occupancy. VA allows multi-unit (up to 4) if you live in one.
FHA: $498,257-$1,209,750 by county. VA: no limit with full entitlement. Contact CMRE for your county.
Yes. CMRE's VOE-only and P&L specialty programs make government loans accessible to self-employed.
The current national 30-year fixed rate is 6.00% (Freddie Mac PMMS). FHA High Balance Mortgages rates in Los Angeles vary by loan amount, LTV, and credit profile — CMRE provides locked quotes within 24 hours of application.
CMRE typically closes FHA High Balance Mortgages loans in Los Angeles within 21-30 days from application. The Los Angeles County market has seen home prices fall 0.6% year-over-year — buyers currently have more leverage, but rate locks still protect you from market moves. Our CA-licensed team coordinates title, escrow, and appraisal concurrently to minimize time-to-close.
The 2025 conforming loan limit for a single-family home in Los Angeles County is $1,209,750. FHA limits typically align with this ceiling. Los Angeles County is a designated high-cost area — its limit exceeds the national baseline of $806,500 by $403,250. VA loans in CA have no maximum loan amount when the veteran holds full entitlement.
VA loans require veteran status or active military service. For non-veterans in Los Angeles, CMRE offers FHA and USDA government-backed programs with similarly competitive rates and low down payment requirements.
FHA High Balance Mortgages by Location
Get local rates, loan limits, and market data for FHA High Balance Mortgages in your area.
CA
CO
GA
ID
IL
MI
NJ
NY
OH
OR
VA
WA
View county-level market data, loan limits, and mortgage rates on our territory pages.
Browse All Territories →TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
