Los Angeles Mortgage Broker
Find a Los Angeles, California (CA) mortgage broker. We have access to several Los Angeles mortgage lenders who are competing for your business. Let us do the shopping for you.
Los Angeles, California is home to the Dodgers (MLB), Kings (NHL), Lakers (NBA), Clippers (NBA), and 3,798,981 residents. The city is rich in diversity and culture. The value of homes is continuing to increase and with median value of homes is currently standing at $221,600.
California Loan Facts
- Community Property State - Since California 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 California 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. California is classified as a low closing cost state due to lower than normal title fees and other closing fees.