Oxnard Mortgage Broker
Find a Oxnard, California (CA) mortgage broker. We have access to several Oxnard mortgage lenders who are competing for your business. Let us do the shopping for you.
Oxnard, California is home to more than 175,000 residents. Housing in Oxnard is relatively affordable for a beach town, but prices are on the rise. The housing market is very strong right now and favoring the sellers. Reports are stating that as the economy and the population continue to grow, the housing market is going to be more active. The median house value is $189,400.
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.