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Arcadia, 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 Arcadia, 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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Arcadia, California News
Arcadia massage parlors shut down by state officials for labor violations

State officials have shut down five massage parlors and fined one business $1.83 million for alleged labor code violations.


Fatal injuries prompt concern over track surface

Even though Santa Anita's Pro-Ride surface came through a recent spate of wet weather without losing any days to training, there has been growing concern among trainers over injuries at the track, and those ...


Arcadia adds up CDBG funds

The city expects to receive about $396,000 in federal funding for low- and moderate-income families in 2009, a new report says.


First baby of the new year

Entering the world just four minutes after midnight on New Year's Day, Erin Paige Garcia may be the first baby born in the county in 2009.


Pursuit Ends in Arrest

An Officer was alerted to an auto burglary having just occurred shortly after 7:00 ...


Christmas Eve massacre touches horse racing community

Members of the close-knit horse racing community said Wednesday they were still trying to come to grips with the loss of a family who loved their sport.


Fire victim's Rose Parade dream comes true

Jack Laidlaw's life has been filled with goodwill since his home burned down in November's wildfires - culminating in today's Rose Parade.


5 Arcadia massage parlors ordered to close

Five massage parlors in Arcadia were fined by state inspectors and ordered closed until their working conditions improved, authorities said.


Lots of leftovers, few bargain hunters

Chrissy Godinez wasn't exactly overwhelmed with shoppers inside of Sunglass Hut at the Westfield Santa Anita Shopping Centre on Friday.


Arcadia to lobby for federal dollars

City officials have been setting their federal lobbying priorities for 2009, with an eye on the incoming Obama administration and a new class of congressional representatives.


Opening day crowds at Santa Anita hit a winner

Santa Claus visited Santa Anita Park on Friday, bringing track management the second-largest on-track crowd on an opening day in the past nine years.


Bold armed robbers force way into home

Two men forced their way into a home in the 700 block of West Lemon Avenue on Friday and robbed the residents, police said.


East-West Bank Robbed

East-West Bank Robbed Shortly after 10:00 AM this morning, a lone male Asian robbed the East-West Bank ...


2008 Officer and Civilian Employee of the Year Awards

The Arcadia Police Officers' Association is proud to announce that Detective Troy Hernandez was named 2008 Officer of the Year and that John Lo was named 2008 Civilian Employee of the Year.


Republicans could sue over new taxes, Assemblyman Adams says

A number of tax hikes and budget cuts that the Democrats passed last week using an obscure state Constitutional loophole have yet to be signed by the governor.


Arcadia City officials wary after defeat of lighting fee proposal

Still stung by the defeat of a lighting fee redistribution proposal earlier this month, city officials are feeling out how to ask voters to approve similarly complicated changes to a utility users tax.


Arcadia Fire Department seeks volunteers

The Arcadia Fire Department is seeking administrative volunteers to staff the Fire Prevention Bureau.


Water Main Bust Creates Sinkhole in Arcadia

Road crews Monday morning were working to repair a sinkhole in Arcadia caused by a water main break.


Snow play

The Arcadia Snow Festival drew hundreds to the Ruth and Charles Gilb Arcadia Historical Museum on Saturday, Dec.


Two eclectic restaurants are both breathtaking and pleasant

Breakfast, lunch and dinner, every day. The Food: An eclectic coffee house that's grown in an even-more-eclectic, multi-ethnic restaurant - a breath-taking space on a walking street just off Colorado Boulevard, ...


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