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Subordination Requirements
City of Alhambra Housing Division 

I. City or Agency loans may be subordinated in the following circumstances:

  1. The property owner is refinancing for a lower interest rate only with no cash out or withdrawal of equity.
  2. The refinancing or assisting of the unit is not reasonably available on substantially comparable terms without the City or Agency subordination.

II. Program regulations require that the Housing Division receive the following:

  • A written request from the property owners requesting subordination of the City or Agency lien on their property. In the request, the property owner must state that the new loan to which the City/Agency loan is to subordinate to will be for a lower interest rate and that with without subordination that refinancing is not
    reasonably available on substantially comparable terms.
  • Itemized breakdown from the lender of the new primary loan (a "Good Faith Estimate").
  • Copy of the Preliminary Title Report.
  • A standard Subordination Agreement (CTLA Subordination Form "A" or "B" for the City/Agency to sign (available on the City website for downloading). Form must be sent with all information filled out except for signatures.
  • A signed City or Agency Notice of Subordination Requirements
  • Subordination Agreement


Development Services Department
Alhambra City Hall, 111 S. First St., Alhambra, CA 91801

Phone 626-570-5037
Fax 626-458-4201

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