Peoria Mortgage Broker
Find a Peoria, Arizona (AZ) mortgage broker. We have access to several Peoria mortgage lenders who are competing for your business. Let us do the shopping for you.
Over 123,000 residents are proud to call Peoria, Arizona their home. Peoria is a fast growing city and has recently become the fifth largest city in the state of Arizona. With a fast growing economy and affordable housing, Peoria is a great place to live.
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.