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FHA Profit & Loss Only in San Francisco, CA
San Francisco is a city of 0.83 million people, and Custom Mortgage arranges FHA Profit & Loss Only loans there and elsewhere in San Francisco County, including SOMA and Mission District. San Francisco's median home value of $1,394,500 tracks the San Francisco County median of $1,394,500 closely (Census ACS 2020-2024 5-year). That is $145,375 over the 2026 one-unit conforming limit of $1,249,125, so keeping a median-priced purchase conforming takes at least 11 percent down, and a bigger loan is a jumbo.
Households in San Francisco earn a median $140,970 a year. Renters are the majority: just 38% of occupied homes are owner-occupied. Half the housing was built before 1947, so appraisals and inspections often turn on the condition of older systems. For the renter majority, the benchmark is a median gross rent of $2,476 a month.
FHA Profit & Loss Only Highlights
- Simplified qualification process for self-employed individuals using Profit & Loss statements.
- Backed by the Federal Housing Administration (FHA), providing added security and stability.
- Competitive interest rates making homeownership more accessible.
National Rate Index (Freddie Mac PMMS)
30-Year Fixed Rate
7.18%
as of 11/5/2026 · Freddie Mac PMMS · live · 2026-11-05
15-Year Fixed Rate
6.57%
as of 11/5/2026 · Freddie Mac PMMS · live · 2026-11-05
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Market-data snapshots: FHFA 2026 (live); HUD FYunavailable (bundled); Census ACS 2024 (bundled).
San Francisco County at a glance
- San Francisco median home value
- $1,394,500
- Source: Census ACS 5-year, San Francisco city, California, 2020-2024
- San Francisco median household income
- $140,970
- Source: Census ACS 5-year, San Francisco city, California, 2020-2024
- San Francisco owner-occupied homes
- 38%
- Source: Census ACS 5-year, San Francisco city, California, 2020-2024
- San Francisco median year built
- 1946
- Source: Census ACS 5-year, San Francisco city, California, 2020-2024
- Conforming loan limit (1 unit)
- $1,249,125
- Source: FHFA, 2026
- Conforming loan limit (4 units)
- $2,402,625
- Source: FHFA, 2026
- Above the national baseline by
- $416,375
- Source: FHFA, 2026
- Median owner-occupied home value
- $1,394,500
- Source: Census ACS 5-year, 2024
- Median household income
- $140,970
- Source: Census ACS 5-year, 2024
- Owner-occupied homes
- 38%
- Source: Census ACS 5-year, 2024
- Home value to income ratio
- 9.9
- Source: Census ACS 5-year (computed), 2024
2026 Conforming Loan Limits: SAN FRANCISCO
SAN FRANCISCO, CA is a designated high-cost area with limits above the national baseline of $832,750.
1-Unit (SFR)
$1,249,125
2-Unit (Duplex)
$1,599,375
3-Unit (Triplex)
$1,933,200
4-Unit (Fourplex)
$2,402,625
Source: FHFA 2026 Conforming Loan Limits. Loans above these limits require jumbo financing.
FHA Profit & Loss Only in San Francisco, CA
San Francisco mortgage loans with competitive rates. CMRE serves all SF neighborhoods from SOMA to Pacific Heights.Custom Mortgage & Real Estate specializes in providing high-fidelity FHA Profit & Loss Only solutions tailored to the unique economic landscape of San Francisco and the surrounding San Francisco County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireSan Francisco metropolitan area.
Service Areas & Neighborhoods
Our San Francisco Presence
Local Knowledge. Global Rates.
16501 Ventura Blvd STE 400
Encino, CA 91436
Direct Line
877-976-5669Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
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Our AI Instant Advisor analyzes your situation — credit, loan amount, property type — and matches you to the right program. No credit pull. No obligation.
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Step 1: Loan Foundation
Mortgage Estimator
Freddie Mac 30-yr average, week of Apr 19, 2026. Not a quote.
Principal & Interest Only
Common Questions About FHA Profit & Loss Only in San Francisco
No. At $1,394,500, the San Francisco median is $145,375 above the $1,249,125 FHFA limit for San Francisco County. Borrowing more than $1,249,125 makes the loan a jumbo; staying conforming means putting at least $145,375 down.
At least $48,808 before closing costs (96.5% maximum LTV on $1,394,500). Close to 4 months of gross pay at the $140,970 local median.
9.9 times the $140,970 median household income, about the same as across San Francisco County. Expect to need extra down payment or a co-borrower.
See all FHA Profit & Loss Only questions and program details
FHA Profit & Loss Only by Location
Get local rates, loan limits, and market data for FHA Profit & Loss Only in your area.
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Browse All Territories →Reviewed by Eve Sanchez, Chief Compliance Officer · Updated 2026-11-04 · Custom Mortgage Inc., NMLS #1556995
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