RATES · SAN FRANCISCO
San Francisco California Mortgage Rates — Today's Home Mortgage Rates San Francisco
San Francisco California mortgage rates depend on your exact scenario — credit score, down payment, loan amount, property type, and occupancy all move the number. Rates for 30-year fixed conforming, 15-year fixed, FHA, VA, and jumbo programs each carry different pricing, and they change daily with the 10-year Treasury yield and mortgage-backed securities market. What makes San Francisco distinct is that most purchases exceed the county conforming and FHA limit of $1,249,125, so jumbo pricing sets the tone here far more than in lower-cost counties. Save Financial shops wholesale pricing across multiple lenders on conforming loans and compares wholesale, portfolio, and depository jumbo pricing above $1,249,125 — because we originate through wholesale lender channels rather than carrying branch overhead. Property type matters too: warrantable condos in the Sunset or the Richmond price near single-family homes, while non-warrantable condos and tenancy-in-common (TIC) units in the Mission and SoMa carry adjustments. For the city's tech workforce, equity-heavy and self-employed income often routes through non-QM or asset-based pricing, which we compare against agency and jumbo on total cost. The figures on our main California rates page are indicative starting points for well-qualified borrowers; your actual SF quote reflects your file.
QUICK ANSWER
San Francisco mortgage rates change daily and depend on your specific loan scenario — credit score, down payment, loan amount, property type, and occupancy all matter, and in SF the jumbo market above $1,249,125 drives most pricing. The rates shown on our main California rates page are indicative starting points for well-qualified borrowers; your actual SF rate quote will reflect your file, including whether the property is a warrantable condo, a TIC, or a single-family home. Save Financial uses wholesale and portfolio pricing across our lender network and offers a written $500 best-price guarantee if a competing locked offer is lower.
Why San Francisco is different
San Francisco-specific rate factors:
Jumbo pricing runs the market: Because the median San Francisco home sits near $1,440,000 and the county conforming and FHA limit is $1,249,125, most single-family purchases here are jumbo. That flips the usual dynamic — instead of jumbo being a niche, it is the mainstream SF loan, and competition among lenders for strong jumbo files can push pricing near or below high-balance conforming.
High-balance conforming still has a lane: Loans from the standard conforming figure up to San Francisco's $1,249,125 ceiling qualify as high-balance conforming. For buyers who can structure a down payment that lands the loan under that line, this tier sometimes prices better than true jumbo — a real lever worth modeling before locking.
Condo and TIC adjustments: San Francisco's housing stock leans heavily on condos and tenancy-in-common units in the Sunset, the Richmond, the Mission, and SoMa. Warrantable condos price near detached homes; non-warrantable projects and TICs carry rate and down-payment add-ons because fewer lenders finance them. Property type is therefore a first-order rate factor here.
Tech-workforce income shapes pricing: A large share of SF borrowers carry restricted-stock, bonus, or self-employed income. When that income doesn't fit agency underwriting cleanly, non-QM, bank-statement, and asset-based programs come into play — each with its own pricing that Save Financial compares against conforming and jumbo on total cost, not just headline rate.
Get started with Save Financial
Save Financial is licensed in all 58 California counties (NMLS #377740, DRE #01875766) and prices San Francisco loans across the full spectrum — conforming, high-balance, jumbo, and non-QM. Because we originate through wholesale and portfolio channels, we can put a tech-equity, self-employed, condo, or TIC file in front of the lender most likely to price it well, rather than forcing it into one bank's box.
To get a real San Francisco-specific rate quote in 60 seconds (no SSN, no credit pull, no obligation), apply online or call 949-379-5320. You'll be connected with a California-licensed loan officer who prices SF files every day.
For broader local information, see our San Francisco overview page. For the parent rates page, see our California mortgage rates page.
— SF FAQ
San Francisco mortgage rate questions, answered
What drives San Francisco mortgage rates?
San Francisco mortgage rates track the 10-year Treasury yield and mortgage-backed securities pricing, then adjust for your loan scenario — credit, down payment, loan size, property type, and occupancy. Because most SF purchases exceed the county conforming limit of $1,249,125, jumbo pricing drives the market here more than in lower-cost counties. Save Financial shops wholesale and portfolio jumbo pricing across many lenders rather than relying on one bank's rate sheet.
Are jumbo rates higher than conforming rates in San Francisco?
Not always. Because San Francisco jumbo volume is so large, many lenders and depository banks compete aggressively for it, and jumbo rates can sit near or even below high-balance conforming pricing for strong borrowers with reserves. Since a large share of SF single-family homes price above the $1,249,125 limit, comparing jumbo offers across lenders is where real savings appear. Save Financial runs that comparison for every SF file.
How does the San Francisco loan limit affect my rate?
San Francisco County's 2026 conforming and FHA limit is $1,249,125 for one-unit properties. Loans up to that amount can use conforming or high-balance conforming pricing; loans above it are true jumbo. Because SF's median is near $1,440,000, buyers who structure a larger down payment to land under $1,249,125 sometimes access better pricing — Save Financial models both scenarios before you lock.
Do condo and TIC purchases price differently in San Francisco?
Yes. Warrantable condos generally price like single-family homes, but non-warrantable condos and tenancy-in-common (TIC) units carry rate and down-payment adjustments because fewer lenders will finance them. Since condos and TICs are so common in the Sunset, the Richmond, and the Mission, property type is a major rate factor in San Francisco. Save Financial matches these files to lenders that price them competitively.
How does Save Financial get better San Francisco rates than a bank?
Save Financial originates through wholesale lender channels rather than carrying branch overhead, so we shop pricing across many investors — conforming, high-balance, and jumbo — for each San Francisco borrower. For tech-workforce clients with equity compensation or complex income, we also access non-QM and asset-based programs that a single retail bank may not offer, then compare them on total cost.
Does Save Financial quote rates across San Francisco?
Yes. Save Financial is licensed in all 58 California counties, including San Francisco County, and quotes and closes loans in every neighborhood — Noe Valley, the Sunset, the Richmond, the Mission, Pacific Heights, SoMa, and Bernal Heights. Rates change daily, so your quote reflects the most recent rate sheet and your specific file.