San Jose Mortgage Broker
Find a San Jose, California (CA) mortgage broker. We have access to several San Jose mortgage lenders who are competing for your business. Let us do the shopping for you.
San Jose, California is home to the National Hockey League’s Sharks and 900,443 residents. San Joe is the third largest city in California and is just 45 minutes away from San Francisco. Reports are stating that the housing market has remained steady in the past couple of years. The median house value is $394,000.
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.