San Diego, CA

Best Mortgage Rates in San Diego, CA

AI-powered mortgage matching for San Diego homebuyers. Get pre-approved in minutes with access to 50+ lenders and the best rates available in California.

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$880,000

Median Home Price

6.75%

Avg. Mortgage Rate

$1,149,825

FHA Loan Limit

0.71%

Property Tax Rate

San Diego Housing Market Overview

San Diego offers the best weather in America combined with a diverse economy spanning biotech, military, tourism, and technology. America's Finest City is one of the most desirable places to live — and with the right mortgage strategy, homeownership is achievable even in this premium market.

San Diego's high FHA limit of $1,149,825 makes government-backed loans accessible for many properties. The military presence (Camp Pendleton, MCAS Miramar, Naval Base San Diego) means VA loans are extremely popular. Prop 13 keeps property taxes manageable even on expensive homes.

Popular Neighborhoods

La Jolla
Pacific Beach
North Park
Chula Vista
Carlsbad
Encinitas

Estimated Monthly Payments in San Diego

Based on median home price of $880,000

Conventional Loan

$4,566/mo

Rate: 6.75%Down: 20%

Best for 700+ credit, lowest long-term cost

No PMI

FHA Loan

$5,368/mo

Rate: 6.50%Down: 3.5%

Best for first-time buyers, lower credit OK

MIP included

VA Loan

$5,418/mo

Rate: 6.25%Down: 0%

For veterans & military — zero down, no PMI

No PMI

Why San Diego Homebuyers Choose Slate Financial

Pre-Approved in Minutes

Our AI analyzes your profile and matches you with the best loan programs instantly — no waiting days for a callback.

50+ Lender Network

We compare rates from over 50 lenders to ensure you get the absolute best deal available in the market.

AI-Powered Underwriting

Our AI looks beyond your credit score — analyzing 2,500+ data points for fairer, faster lending decisions.

Local Market Expertise

We understand the San Diego market — neighborhoods, pricing, programs, and what it takes to win in this market.

Mortgage Programs Available in San Diego

FHA Loans

Low down payment (3.5%) and flexible credit requirements. Perfect for first-time San Diego homebuyers.

VA Loans

Zero down payment, no PMI, and the lowest rates available. For veterans and active-duty military.

Conventional Loans

Competitive rates for borrowers with good credit. PMI drops off at 20% equity.

Jumbo Loans

For San Diego properties above the conforming loan limit. Competitive rates for high-value homes.

Refinancing

Already own in San Diego? Lower your rate or tap into your equity with a cash-out refinance.

DSCR / Investment Loans

Qualify based on rental income, not personal income. Perfect for real estate investors.

Ready to Buy a Home in San Diego?

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Marcus T. from Miami, FL

Just funded $150,000Term Loan

32 minutes ago