Gilbert Mortgage Broker
Find a Gilbert, Arizona (AZ) mortgage broker. We have access to several Gilbert mortgage lenders who are competing for your business. Let us do the shopping for you.
Gilbert, Arizona is home to 135,005 residents – a 22.8% increase in population from 2000 to 2002. With one of the fastest growing communities in the United States, the city of Gilbert has a great program set up for new homebuyers. The Gilbert Home Ownership Program provides up to $20,000 in financial aid for first-time home buyers that qualify.
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.