Santa Clara Mortgage Broker
Find a Santa Clara, California (CA) mortgage broker. We have access to several Santa Clara mortgage lenders who are competing for your business. Let us do the shopping for you.
Santa Clara, California is home to 101,867 residents. Located just outside of San Jose and within comfortable driving distance of San Francisco, Santa Clara is a city of great cultural and ethnic diversity. The city is in close proximity of beaches, mountains, and the desert. It is being reported that Santa Clara has an excellent housing market. The median house value is $396,500.
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.