Acton, 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 Acton, 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.
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| Acton, California News |
Palmdale medical center adds 127 beds
Palmdale Regional Medical Center * The medical center is under construction and the first hospital in the city of Palmdale, located about 20 miles northeast of the Santa Clarita Valley.
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Big rig, 3 other vehicles crash on 14 Freeway in Acton
A tractor-trailer and up to three other vehicles were involved in a collision on the northbound Antelope Freeway in Acton today, but no one was believed to be seriously injured.
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CHP reports patches of ice on 14 Freeway
The CHP reported large patches of black ice on the Antelope Valley Freeway in the Acton, Agua Dulce and Palmdale areas early Saturday.
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Stranded motorists on move
Snow covers railroad tracks adjacent to Soledad Canyon Road in Acton, Ca. The area was blanketed with powder after a winter storm hit Wednesday, Dec.
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Roads Closed North of LA
Heavy snow forced the closure of all roads between Santa Clarita and the Antelope Valley on Wednesday, and Metrolink officials readied for thousands of additional commuters on afternoon trains, the last open ...
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New arctic storm to hit South Bay today
Another arctic storm will slam into the Southland today, bringing rain, snow, high winds and the risk of flash flooding, along with perilous road conditions in the Antelope Valley and local mountain areas, ...
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Storm splashes into SCV
CHP driving tips In 2007, 106 people in California were killed and 7,696 people were injured in traffic collisions that occurred in rainy, snowy or foggy conditions, according to the California Highway Patrol.
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Winter Storm Takes Aim at Southland
A winter storm took aim at the Southland Friday, threatening to bring showers, high winds, unseasonably cold temperatures and snowfall beginning Saturday, forecasters said.
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County signs off on anti-bullying program
The Los Angeles County Board of Supervisors jump-started the effort to change Project 51 from one man's dream to education policy Tuesday.
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Water supply in Antelope Valley to be reduced during system upgrades
Beginning Sunday, about 165,000 residents in the Antelope Valley and some nearby communities will have extremely limited water supply for a week because of system upgrades, according to officials at Los Angeles ...
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Concert should be a real mother
A benefit concert for the family of Jimmy Carl Black, original drummer for Frank Zappa's Mothers of Invention, will be staged from 11 a.m. to 5 p.m. Dec.
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No bullying after Jan. 1
California Assembly Bill 86 will allow school districts to suspend and recommend expulsion for bullies beginning Jan.
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Schools add bullying outreach
The Acton-Agua Dulce school officials adopted parts of an anti-bullying program in the wake of a community-shaking student suicide at Vasquez High School.
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Boy's Suicide Leads to Program To Stop Bullying In Schools
The teenager killed himself in school because of other kids taunting him. Friday, November 14, 2008 Jeff Lasater's 14-year-old son Jeremiah killed himself at Vasquez High School in Acton in October, so Lasater ...
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Tear down those old signs 2008 edition
After each election there are a few signs that seem to stay up for months in some places.
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School district under pressure
A tragedy that cut deeply into a close-knit community, a financial crisis that threatens to shut a high school's doors - these are tough times at the Acton-Agua Dulce Unified School District, a school board ...
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Actor has a new career caring for stray pets
Nearly 30 years ago, actor Leo Grillo had a dream about a dog. "I already had three black cats in my Hollywood apartment," he recalled.
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Scaring up Halloween savings
Max Shdhet, 6, becomes a Lego warrior in a costume his father created for Halloween.
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Have you ever been bullied?
Jeremiah Finten Lasater, 14, was found Monday in a bathroom stall with a self-inflicted fatal gunshot wound.
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Boy's suicide exposes division
A shocking suicide might have divided a quiet, rural town. The two sides squared off at the Acton-Agua Dulce Unified School District board meeting Thursday night.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"...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.
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