FHA Jumbo Loans

FHA Jumbo Loans – Available up to $1,089,300 in Los Angeles for 2023

FHA Loans are able to help many Home buyers with lower down payment options for Purchasing a home, and also allow Home Owners more options to Refinance than other loan programs.  FHA Loans are available in Los Angeles up to $,089,300 and allow you to purchase a home with as little as 3.5% down payment, or refinance with 2.25% equity (97.75% LTV).

Los Angeles FHA Jumbo Loans offer many benefits:

  • Low down payment requirement – 3.5%
  • More flexible credit guidelines than conventional loans
  • Allow you to combine a first and second mortgage into one FHA Jumbo with no penalties for cash out
  • Higher loan amounts – up to $1,089,300
  • FHA loans and FHA Jumbo Loans require a 2 yr waiting period for Bankruptcy chapter 7 or 11 (after discharge)
  • FHA loans and FHA Jumbo Loans require a 3 yr waiting period for Foreclosure (after sale date)
  • FHA loans and FHA Jumbo Loans require a 12 month waiting period for Bankruptcy chapter 13 – you can purchase a home or refinance while still in BK 13.  Call us for details.
  • Refinance options that Conventional loans do not offer (such as very low equity)

FHA Jumbo Loans can be used to buy Los Angeles Condo’s,  Single Family Homes, Townhomes, Golf Course Homes, Beach Homes, Row Homes, Duplexes, Triplexes, Fourplexes, (2-4 unit homes must be Owner Occupied in 1 unit).    Call us today to find out how an FHA Loan can help you.   760-752-4480 direct, ask for Brian Skaar.

2023 FHA Loan limits for California

For information on VA Loans, please visit our VA Loan information page.