Compare Mortgage Rates in Santa Monica
Los Angeles, CA
Coastal city with beaches, Third Street Promenade, and tech company headquarters.
Get Your Santa Monica RateSanta Monica Housing Market
Area Median Home Value
$929,572
Data As Of
August 2026
Location
Los Angeles, CA
Los Angeles-area median home value (neighborhood-level data unavailable), per the Zillow Home Value Index. Individual homes vary by size, condition, and exact location.
What Makes Santa Monica Special
Nearby Areas
Mortgage Options in Santa Monica
Conventional
Varies by program • Varies by lender
Jumbo
Often higher than conventional • Typically higher
ARM
Varies by program • Varies by lender
FHA
3.5% of the purchase price at a 580 score or higher • 580 or higher for the 3.5% down payment
DSCR
Set by each lender, and larger than on a primary-residence loan. • Set by each lender
Bank Statement
Set by each lender, and usually more than a conventional loan asks. • Set by each lender
HELOC
Not applicable • Set by each lender.
Other Neighborhoods in Los Angeles
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Compare Santa Monica Rates