What are FHA loan limits in Oakland?

2025 FHA loan limits in Alameda County range from $498,257 in standard areas up to $1,149,825 in high-cost counties. The exact limit depends on the property's location and number of units.

What credit score do I need for an FHA loan in Oakland, CA?

FHA loans accept credit scores as low as 580 with 3.5% down, or 500-579 with 10% down. Most Oakland, CA lenders prefer 620+ for the best terms.

How much is FHA mortgage insurance in Oakland?

FHA loans carry an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount, plus annual MIP of about 0.55% paid monthly. On a $780,000 home that's roughly $345 per month.

Can I use an FHA loan for a condo in Oakland?

Yes, but the condo project must be on the FHA-approved list. Many Oakland condo developments are approved — ask your lender to verify before making an offer.

What is the minimum down payment on an FHA loan?

3.5% with a credit score of 580+. On a median-priced Oakland home of $780,000, that's $27,300.

Home Loan Types FHA Loan CaliforniaOakland

Oakland, CA FHA Loan Calculator

Pre-loaded with Oakland's illustrative property tax assumption (0.75%) and median home price ($780,000). Get a personalized rate quote in 2 minutes — free.

OAKLAND, CA

Home price

Down payment

Loan program

Example rate

ZIP code

Your payment$4,557/month

Principal & interest

$3,944.10

Property tax

$487.50

Homeowners insurance

$125.00

Loan amount$624,000

See your real rate for this payment

Your estimate: $4,557/month on a $780,000 home with $156,000 down. Request a free quote in about 2 minutes.

Ready to see your actual rate in Oakland?

Request a personalized quote. No credit check is needed to use this estimator.

Oakland market snapshot

Median Home Price

$780,000

Property Tax Rate

0.75%

Avg Monthly Payment

$4,557

Typical Down Payment

$156,000

FHA Loans in Oakland

The median home price in Oakland is $780,000, with an average property tax rate of 0.75% in Alameda County. A typical 30-year fixed fha loan on a median-priced home in Oakland with 20% down would result in an estimated monthly payment of $4,557, including principal, interest, and property taxes.

FHA loans are government-insured mortgages designed for first-time and lower-credit buyers. They require as little as 3.5% down and accept credit scores starting at 580.

Use the calculator above with Oakland's illustrative defaults to model your own scenario, then tap Get My Free Rate Quote to compare offers from licensed lenders serving California.