Thousand Oaks Mortgage Broker
Find a Thousand Oaks, California (CA) mortgage broker. We have access to several Thousand Oaks mortgage lenders who are competing for your business. Let us do the shopping for you.
Thousand Oaks, California, just minutes away from the beach, is home to 122,700 residents – a 4.9% increase from 2000 to 2002. Thousand Oaks has been rated by the FBI as the safest city in America on numerous occasions. The housing market is very active with new homes entering frequently. The median house value is $324,800.
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.