FHA loans in Del Mar (2026)
Amir Nurani · NMLS #197458 · (619) 366-9494
Quick answer: FHA is the rare Del Mar file. Most Village, Heights, and beach-side single-family list prices sit above the 2026 $1,104,000 county line, so FHA here is usually a condo or a purchase where a larger down payment holds the loan under that line. HUD FHA limits often match that high-cost figure; we still check the HUD table. Del Mar is not an SDHC 921 city program. Jumbo and VA are the more common coastal products. The local catch is occupancy plus the project: a pied-a-terre is often a second home, and an FHA condo has to be eligible.
The Village, Del Mar Heights, and the beach side do not share one loan. Left Coast Leaders, Inc. (NMLS #2394495) prices FHA only when the loan amount and the project actually fit. Most coastal purchases land on jumbo loans in Del Mar or VA loans in Del Mar. The neighborhood hub is mortgage broker in Del Mar.
Village, Heights, and the 2026 limit
An $850,000 purchase is a realistic FHA-range example we already use on the MIP vs PMI post: 3.5% down is $29,750 cash down, base loan $820,250, plus 1.75% upfront MIP (about $14,350, usually financed). Annual MIP on many 30-year FHA loans has been 0.55% of the base loan (about $376 a month in that example) and typically lasts for the life of the loan if you put less than 10% down.
The 2026 San Diego County 1-unit high-cost conforming limit is $1,104,000 (baseline $832,750). FHA forward limits are a HUD table. In high-cost counties they often match the FHFA high-cost figure. We verify the current HUD county row for a 1-unit, then we look at loan amount, not just list price. Most Del Mar single-family purchases do not stay under that loan amount. Details: FHA loan limits San Diego 2026, conforming loan limits 2026, and the county FHA loans service hub.
FHA condo rules and occupancy
Village condos, Heights units, and rare under-limit houses are the local reason this page is not a copy of the county FHA guide. An FHA condo has to be eligible. Occupancy still matters: a unit you will live in is a primary. A pied-a-terre is often a second home, which is not an FHA occupancy story. Lenders review the project as well as the buyer. We talk through property type at pre-approval, not after you spend inspection money.
Down payment assistance on this 921 ZIP
Del Mar is its own city (92014), not a City of San Diego 921 ZIP, so SDHC city programs do not apply. CalHFA MyHome can still pair with a CalHFA FHA first when income and first-time rules fit and the price actually works under FHA. Do not write an offer that depends on assistance until funding and a participating lender are confirmed. Jumbo comparison: Del Mar jumbo loans and San Diego DPA 2026.
When we still pick FHA in this neighborhood
- You need 3.5% down, and that is what makes a rare under-limit Del Mar condo possible.
- Credit in the mid-600s, where conventional PMI pricing is painful.
- The property can clear an FHA appraisal, the project is eligible if it is a condo, and you have modeled a later conventional refinance if you want MIP off.
If credit is in the 700s, conventional at 5% with cancellable PMI often beats life-of-loan MIP on the same Del Mar payment. Amir Nurani (NMLS #197458) runs both on one credit file. Use the payment calculator for principal and interest, then we add MIP, tax, insurance, and any HOA from the actual house.
Related
Del Mar mortgage hub · FHA loans in San Diego · FHA loan limits 2026 · FHA loans guide · FHA MIP vs PMI · Del Mar jumbo loans · Payment calculator · Del Mar news
Frequently asked questions
The 2026 San Diego County 1-unit high-cost conforming limit is $1,104,000. HUD publishes FHA forward limits separately. In high-cost counties they often match that FHFA figure, but we still verify the current HUD county table for the property type before you write an offer on a Del Mar Village or Heights condo. Most Del Mar single-family purchases do not stay under that loan amount.
Del Mar is not a City of San Diego 921 ZIP, so SDHC city programs do not apply. Do not count city assistance in a 92014 offer. CalHFA still has to be confirmed before you write.
Sometimes. FHA appraisals look at livability. A Del Mar condo has to be FHA-eligible. Most single-family list prices sit above the 2026 $1,104,000 line, so FHA is the exception, not the default. We talk through property type at pre-approval, not after you spend inspection money.
Buying in Del Mar with FHA?
Get pre-approved and we will price FHA and conventional on the same house, including MIP, tax, insurance, and any HOA.
Get Pre-ApprovedLeft Coast Leaders, Inc. · NMLS #2394495 · DRE #02191517 · Equal Housing Lender · San Diego, CA 92111