Scottsdale Mortgage Broker
Find a Scottsdale, Arizona (AZ) mortgage broker. We have access to several Scottsdale mortgage lenders who are competing for your business. Let us do the shopping for you.
Scottsdale, Arizona is home to over 215,000 residents and is growing year by year. The city has a great variety of family homes with a median value of $220,800. Also, Scottsdale is just a short ten minute drive away from Phoenix. It is the perfect place to raise a family.
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.