Buying or refinancing a home in San Francisco comes with its own set of challenges — high prices, competitive offers, and mortgage needs that most lenders outside the Bay Area aren’t built to handle. This guide covers everything you need to know about getting a San Francisco mortgage in 2026.
San Francisco Home Prices and What They Mean for Your Mortgage
San Francisco median home prices consistently rank among the highest in the nation. Most SF purchases require jumbo financing — loans above the 2026 high-balance conforming limit of $1,209,750. If you’re buying a single-family home or a two-to-four unit property in SF, chances are you’ll need a lender with strong jumbo capabilities.
San Francisco Mortgage Rates in 2026
For well-qualified borrowers with strong credit and 20% or more down, San Francisco jumbo mortgage rates in 2026 are competitive — often within a quarter point of conforming rates. Rates vary by loan amount, property type, credit score, and down payment. The best way to know your rate is to get a personalized quote from a licensed broker who works with multiple jumbo lenders.
Mortgage Programs for San Francisco Buyers
Jumbo loans: The most common loan type in SF. We offer fixed and adjustable-rate jumbo loans up to $4 million.
Bank statement loans: SF has one of the highest concentrations of self-employed residents in the country. If your tax returns don’t reflect your actual income, a bank statement loan can qualify you based on 12–24 months of deposits.
High-balance conforming loans: For properties priced near the conforming limit, a high-balance loan can offer better pricing than a full jumbo product.
Cash-out refinancing: SF homeowners who purchased years ago have seen substantial equity appreciation. A cash-out refinance can unlock that equity for renovations, investment, or debt consolidation.
Non-Warrantable Condos in San Francisco
Many SF condo buildings don’t meet Fannie Mae’s conventional lending criteria — known as non-warrantable condos. DiVita Home Finance works with portfolio lenders who specialize in non-warrantable condo financing, so we can often find solutions where banks say no.
Get Your San Francisco Mortgage Quote
Call DiVita Home Finance at 800-239-1103 or visit our San Francisco mortgage page to get a free rate quote. We’ve been serving SF buyers and homeowners since 2007.
