San Diego Mortgage Broker
Find a San Diego, California (CA) mortgage broker. We have access to several San Diego mortgage lenders who are competing for your business. Let us do the shopping for you.
San Diego, California is home to the Padres (MLB), Chargers (NFL), and 1,259,532 residents. San Diego consistently appears on various “best cities to live in” lists. With great weather and beautiful scenery, there is no wonder as why San Diego is considered a great city. The demand for housing is very strong right now, and reports are stating that this trend is to continue. The median house value is $233,100.
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.