San Bernardino Mortgage Broker
Find a San Bernardino, California (CA) mortgage broker. We have access to several San Bernardino mortgage lenders who are competing for your business. Let us do the shopping for you.
San Bernardino, California is home to over 190,000 residents. San Bernardino is just a short 15 mile drive from Riverside and a reasonable 70 mile drive from Los Angeles. Housing is very affordable, with the median house value being at $98,700.
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.