Cave Creek Mortgage Broker
Find a Cave Creek, Arizona (AZ) mortgage broker. We have access to several Cave Creek mortgage lenders who are competing for your business. Let us do the shopping for you.
Cave Creek, Arizona has a population of 4,107 people. Cave Creek is just 22 miles north of Phoenix. The median value of homes is $270,500. It is being reported that houses are frequently selling quickly and at asking price.
Arizona Loan Facts
- Community Property State - Since Arizona is a community property state, you must include the liabilities of both the husband and the wife when calculating debt-to-income ratios for a Arizona mortgage. You can still do a loan in one name, however, you must include the liabilities of both the husband and the wife.
- Low Closing Cost State - HUD has determined certain states to be high closing cost states and others to be low closing cost states. Arizona is classified as a low closing cost state due to lower than normal title fees and other closing fees.