Salinas Mortgage Broker
Find a Salinas, California (CA) mortgage broker. We have access to several Salinas mortgage lenders who are competing for your business. Let us do the shopping for you.
Salinas, California is home to 148,744 residents. Salinas is known for their beautiful agricultural landscape and view of the Pacific Ocean. The housing market is very strong for sellers right now, as buyers have few houses to choose from. The median house value is $195,700.
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.