Best Mortgage Lenders In California For 2025

Credit: Nate Hovee/Getty Images; Illustration by Issiah Davis/Bankrate

California home prices are some of the highest in the country, with the median home price in December 2025 hitting $850,680, according to the California Association of Realtors. That means most buyers will need a mortgage to afford a home.

Just like with homes, you need to shop around with several mortgage lenders to find the right loan. Comparing mortgage lenders in California could land you a lower rate than just going with the first lender you see. Here are some of the best lenders in the state.

Best mortgage lenders in California

How to find the best mortgage lender in California

While the best mortgage lender ultimately depends on individual circumstances and what feels “right” to you, it’s helpful to narrow down your options. Here are some tips:

• Set your priorities. Do you want to talk to a loan officer in person? Do you need a faster closing? Want to apply for and track your mortgage status through an app? Consider these and other questions as you come up with your short list of lenders.
• Get prequalified or preapproved. If you haven’t determined a homebuying budget, get prequalified for a mortgage first. This can help you understand how much a lender might allow you to borrow based on some preliminary financial information. If you’re ready to shop for homes, skip the prequalification and ask for a preapproval, which involves a credit check.
• Ask about first-time buyer and down payment assistance. Many mortgage lenders in California work with the state’s housing finance agency to connect eligible borrowers with more affordable mortgages and down payment help. Some programs are available to both first-time and repeat buyers, too. Compare what different lenders offer and how that might impact your budget.

California conforming loan limits

Depending on the type of loan you use to purchase your home, it might be subject to conforming loan limits:

• Conventional loan: $832,750 in several counties for single-unit properties in 2026. Higher-priced counties — such as Alameda, Los Angeles and Marin — go up to $1,249,125.
• FHA loan: $541,287 is the baseline for single-unit properties in many counties. However, higher-priced counties have limits up to $1,249,125.

California first-time homebuyer programs

If you qualify as a first-time homebuyer — meaning you haven’t owned a home in the last three years — see if you’re eligible for one of California’s programs designed to put purchasing a home within your reach. The California Housing Finance Agency, also known as CalHFA, offers a range of options geared toward buyers with low or moderate incomes for the area. You might be able to qualify for a loan with a low interest rate and/or a deferred loan to help cover a down payment and closing costs.

Certain cities might offer additional help, so be sure to search for municipal housing authority options, too. Don’t wait to start your search, however: Many of these programs are first-come, first-served and funds run out quickly.

• Methodology
  

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  To determine the best mortgage lenders in California, Bankrate periodically evaluates more than 75 lenders for factors relating to affordability, availability and borrower experience, assigning each a Bankrate Score out of five stars. The best California mortgage lenders generally have a Bankrate Score of 4.9 stars or higher. Learn more about our methodology.