Tempe Mortgage Broker
Find a Tempe, Arizona (AZ) mortgage broker. We have access to several Tempe mortgage lenders who are competing for your business. Let us do the shopping for you.
Tempe, Arizona has a population of 159,508 residents. With a flourishing economy and an international airport, it is no surprise that the housing market is in Tempe is very active. Tempe is a very affordable city to live in with a median house value of $132,100.
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.