Vallejo Mortgage Broker
Find a Vallejo, California (CA) mortgage broker. We have access to several Vallejo mortgage lenders who are competing for your business. Let us do the shopping for you.
Vallejo, California is home to about 120,000 residents. Vallejo is located in the Bay Area and is just minutes away from Oakland and San Francisco. The housing market has been strong in recent years as housing in Vallejo is affordable. The mean house value is $166,400.
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.