Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

CA FHA Loans in California

FHA loans differ from conventional loans in a number of ways. The down payment required for an FHA-insured loan is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.

 

FHA loans offer CA residents several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3-5%. The FHA is also more flexible in calculating factors to determine whether or not to approve the loan, factors such as household income and repayment ratios.

Local bad credit FHA Loan directory for CA :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Acampo Alpaugh Annapolis Artesia
Acton Alpine Antelope Artois
Adelanto Alta Antioch Arvin
Adin Altadena Anza Atascadero
Agoura Hills Altaville Apple Valley Atherton
Aguanga Alturas Applegate Atwater
Ahwahnee Alviso Aptos Atwood
Alameda Amador City Arbuckle Auberry
Alamo Amboy Arcadia Auburn
Albany American Canyon Arcata Avalon
Albion Anaheim Armona Avenal
Alderpoint Anderson Arnold Avery
Alhambra Angels Camp Aromas Avila Beach
Aliso Viejo Angelus Oaks Arroyo Grande Azusa
Alleghany Angwin

Return to our bad credit fha loans page

Bad Credit? We can help!

Call for COMPLETE details NOW!

(800) 675-9783

California News
San Francisco - January 5 - 1891
Massachusetts born George Henry Sanderson, elected mayor of San Francisco in San Francisco County, California (1891-January 3, 1893).
Richardson withdraws bid to be commerce secretary

New Mexico Gov. Bill Richardson says he is withdrawing his nomination to be President-elect Barack Obama's commerce secretary amid a grand jury investigation.


San Francisco - January 4 - 1897
James Duval Phelan, elected mayor of San Francisco in San Francisco County, California (1897-January 8, 1902).
San Francisco - January 3 - 1887
New York raised Edward B. Pond, elected mayor of San Francisco in San Francisco County, California (1887-January 5, 1891).
Winning ticket for Mega Millions sold in Calif.

The only ticket to match all the winning numbers and Mega Ball from Friday night's drawing was sold in California.


Who is this? Calif. residents getting Ala. calls

There used to be a time when people who called Linda Jahraus ' home in Laguna Beach , Calif.


Calif. Controller Suffered Mild Heart Attack

The office of state Controller John Chiang says he suffered a mild heart attack.


Cash-poor states eager for Obama plan

President-elect Barack Obama's plan to jolt the economy by overhauling the nation's roads, bridges and transit systems has local officials clamoring for their share despite questions as to whether the program ...


Dan Walters: Californians got a wake-up call in 2008

THIS HAS been a year that most Californians - and especially those in elected office - would wish never happened, a year of severe economic decline that pushed hundreds of thousands onto unemployment rolls, and ...


Mexico extradites 10 drug suspects to U.S.

Mexico sent 10 alleged drug smugglers to the United States on Wednesday, capping an already record year for extraditions between the two countries.


Compromise Met on Bay Bridge Labor Fight

A dispute over which union should unload a vessel carrying steel for the Bay Bridge seismic retrofit project was resolved shortly before 5 p.m. today, according to California Department of Transportation ...


Controller Chiang listed in good condition

State Controller John Chiang remains in good condition at a Texas hospital after he checked himself in last week while experiencing chest pains.


3 arrested in N. California gang rape of lesbian

One man and two teens have been arrested on suspicion of gang-raping a woman last month in Richmond while allegedly taunting her for being a lesbian, police said Thursday as they searched for a fourth suspect.

Officers arrested Humberto Hernandez Salvador at his Richmond home Wednesday night, Richmond police Lt. Mark Gagan said. The 31-year-old is being held without bail on gang rape, kidnapping and carjacking charges.

Police on Wednesday also arrested a 15-year-old Richmond boy and a 16-year-old Hercules boy, who were being held at a juvenile detention center on similar charges. Their names were not released.


Laser experiment hopes to save farm water

Samer Naif, a student at the University of California San Diego, sits atop a scinillometer transmitter in an Alfalfa field in Blythe, Calif.


Small quake hits Northern California

There have been no reports of injury or damage after a small earthquake struck near the town of Cobb in Northern California.


Calif. sues to block Bush endangered species rules

California is suing the Bush administration to block last-minute endangered species regulations that are intended to reduce input from federal scientists.


'Terminator' to be preserved in US film registry

One of Arnold Schwarzenegger 's most famous one-liners will be back for generations to come, now that 1984's " The Terminator " has been selected for preservation in the nation's film archive.


Calif. controller hospitalized in Texas

California State Controller John Chiang is undergoing tests at a Texas hospital after experiencing chest pains while visiting family for the holidays.


Gov. staff releases latest budget fix

Calling California's declining fiscal health "a major crisis," Gov. Arnold Schwarzenegger's administration on Wednesday released its latest plan to close a $41.6 billion budget deficit.


Atomic time advocates eye 2008's extra second

AT THE GREENWICH PRIME MERIDIAN, England - Eager to say goodbye to the worst economic year since the Great Depression? You'll have to wait a second.


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)