Updated · California
Mortgage loan rates California today across all loan types: These are par-priced sample rates for a well-qualified borrower in California, refreshed every morning. Your personalized rate depends on credit, down payment, property type, and loan size — get a real quote in under an hour.
QUICK ANSWER
California mortgage rates change daily and depend on your specific loan scenario — credit score, down payment, loan amount, property type, and occupancy all matter. The indicative rates shown below are starting points for well-qualified borrowers; your actual rate quote will reflect your file. Save Financial uses wholesale pricing across our lender network and offers a written $500 best-price guarantee if a competing locked offer is lower.
30-year fixed · Conventional
6.375%
6.492% APR
Sample payment: $3,119.35/mo principal & interest on a $500,000 loan amortized over 360 monthly payments (30 years). Payment excludes property taxes, hazard insurance, mortgage insurance (if applicable), and HOA dues — your actual monthly payment will be higher. See full rate disclosure & assumptions below.
15-year fixed · Conventional
5.625%
5.761% APR
Sample payment: $4,118.66/mo principal & interest on a $500,000 loan amortized over 180 monthly payments (15 years). Payment excludes property taxes, hazard insurance, mortgage insurance (if applicable), and HOA dues — your actual monthly payment will be higher. See full rate disclosure & assumptions below.
30-year fixed · FHA
5.875%
6.437% APR
Sample payment: $2,957.69/mo principal & interest on a $500,000 loan amortized over 360 monthly payments (30 years). Payment excludes property taxes, hazard insurance, mortgage insurance (if applicable), and HOA dues — your actual monthly payment will be higher. See full rate disclosure & assumptions below.
FHA loans require upfront mortgage insurance premium (UFMIP, currently 1.75% of base loan amount) plus annual MIP (0.55% for most loans), which are NOT reflected in the payment above. Full PITI payment will be substantially higher.
30-year fixed · VA
5.750%
5.923% APR
Sample payment: $2,917.86/mo principal & interest on a $500,000 loan amortized over 360 monthly payments (30 years). Payment excludes property taxes, hazard insurance, mortgage insurance (if applicable), and HOA dues — your actual monthly payment will be higher. See full rate disclosure & assumptions below.
VA loans require a one-time funding fee (typically 0.5%–3.6% of the loan amount depending on down payment, service category, and first-use status), which may be financed into the loan. Eligibility is restricted to qualifying veterans, active-duty service members, National Guard, Reserves, and certain surviving spouses.
30-year fixed · Jumbo
6.500%
6.589% APR
Sample payment: $6,320.68/mo principal & interest on a $1,000,000 loan amortized over 360 monthly payments (30 years). Payment excludes property taxes, hazard insurance, mortgage insurance (if applicable), and HOA dues — your actual monthly payment will be higher. See full rate disclosure & assumptions below.
30-year fixed · DSCR Investor
7.250%
7.399% APR
Sample payment: $3,410.88/mo principal & interest on a $500,000 loan amortized over 360 monthly payments (30 years). Payment excludes property taxes, hazard insurance, mortgage insurance (if applicable), and HOA dues — your actual monthly payment will be higher. Investment property loan; higher rates and reserve requirements apply versus primary-residence financing. See full rate disclosure & assumptions below.
7/6 ARM · Conventional
7.000%
7.767% APR
Sample payment: $3,326.51/mo principal & interest on a $500,000 loan amortized over 360 monthly payments (30 years). Payment excludes property taxes, hazard insurance, mortgage insurance (if applicable), and HOA dues — your actual monthly payment will be higher. Rate may increase after the initial fixed period. 7/6 ARM has a 7-year initial fixed rate, then adjusts every 6 months tied to the 30-day SOFR index plus margin. Caps: 2/1/5 (initial / periodic / lifetime). See full rate disclosure & assumptions below.
HELOC · Variable
8.250%
8.250% APR
HELOC trigger disclosure: Variable rate equal to the Wall Street Journal Prime Rate (currently 7.50%) + 0.75% margin. Rate may increase. Interest-only payments during the 10-year draw period; principal & interest amortization during the 20-year repayment period. Minimum draw and combined-loan-to-value (CLTV) limits apply. See full rate disclosure & assumptions below.
Rates as of . Sample rates are reviewed and refreshed each business morning; the date above reflects the most recent published update.
Rate disclosure & assumptions. The rates shown above are indicative sample rates for illustrative purposes only and assume the following: a borrower with a credit score of 740 or higher, 75% LTV, owner-occupied primary residence (where applicable), single-family detached home, $500,000 loan amount, 60-day rate lock, zero discount points, and zero origination fee. APR includes estimated third-party closing costs typical for California transactions.
Rates change daily. Mortgage rates can change multiple times per day and are subject to change without notice. The rates displayed here are refreshed each morning at approximately 8:00am Pacific Time and represent par pricing available at the time of publication.
Your rate may differ. The interest rate, APR, fees, and terms you actually qualify for will depend on your individual circumstances, including but not limited to: credit score and credit history, debt-to-income ratio, loan amount, loan-to-value ratio, property type, property occupancy, loan purpose, documentation type, lock period, and the lender selected from our wholesale network. Borrowers with lower credit scores, higher LTVs, second homes, investment properties, or non-conforming loan amounts will typically receive higher rates.
Lower rates available with points. Borrowers willing to pay discount points at closing may obtain a lower interest rate. One discount point equals 1% of the loan amount and is paid at closing in exchange for a reduced rate over the life of the loan.
All loans subject to credit approval. Programs, rates, terms, and conditions are subject to change without notice. Not a commitment to lend. Equal Housing Opportunity. Save Financial, Inc. NMLS #377740; California Department of Real Estate license #01875766.
A licensed loan advisor will send you a written rate quote — typically inside one business hour. No credit pull.
Mortgage rates move with the bond market and can change multiple times per day. The rates published here are updated each morning and represent par pricing for a well-qualified borrower. Your actual rate depends on credit, loan-to-value, occupancy, loan size, and lock period.
Rate is the cost of borrowing. APR bakes in lender fees and prepaid finance charges to give you a single comparison number — it's generally slightly higher than the note rate. When comparing two loan estimates, comparing rate and APR side-by-side is the most accurate way to spot hidden fees.
No — rate locks require a complete loan application and property address. But we issue a written rate quote within one business hour of your inquiry, valid as a real-time price snapshot. Once you're under contract, we lock and protect that rate for 30–60 days at no charge.
In high-cost California markets, jumbo investors price aggressively because they're competing for affluent borrowers. Banks like Chase, Schwab, and First Republic often subsidize jumbo rates as a relationship-banking play. We access 14+ jumbo investors and frequently find jumbo rates 0.125%–wholesale pricing vs conforming for clients with 740+ FICO and 20% down.
The rates on this page are quoted at zero discount points. We also offer "lender credit" pricing (slightly higher rate, money toward closing costs) and "buy-down" pricing (lower rate, paid via points). Your advisor will show all three options side-by-side so you can pick what fits your timeline.
Send us your loan estimate. We compare line-by-line — rate, APR, points, lender fees, third-party fees. If we can't beat it, we'll tell you honestly and recommend you stay with the other lender. We document this in writing so there's no ambiguity.
The rates above are starting points for well-qualified borrowers in each program category. Your actual rate and best-fit program depend on your specific situation. Here's a quick guide to which California loan program matches which borrower profile:
W-2 employees with steady income. 3–5% down, 620+ credit, loan amounts up to $1.21M in CA high-cost counties.
First-time buyers and lower credit scores. 3.5% down with 580+ FICO, primary residence only.
Veterans and active-duty service members. 0% down, no monthly MI, no loan cap with full entitlement.
Loan amounts above $806,500 (most counties) or $1.21M (high-cost CA). 700+ credit, 10–20% down.
Real estate investors. Qualifies on rental income, no personal tax returns required.
Self-employed borrowers. 12–24 months of deposits in lieu of tax returns. 660+ credit, 10–15% down.
Tap existing equity with a revolving credit line. 10-year draw, 20-year repayment, up to 90% CLTV.
Pull equity from your home with a new 30-year fixed mortgage. Up to 80% LTV on conventional.
Not sure which program fits? Get a custom rate quote in about 60 seconds, or browse all California loan programs.