Philadelphia Mortgage Broker
Find a Philadelphia, Pennsylvania (PA) mortgage broker. We have access to several Philadelphia mortgage lenders who are competing for your business. Let us do the shopping for you.
Philadelphia, Pennsylvania is home to the Liberty Bell, Eagles (NFL), Phillies (MLB), Flyers (NFL), 76ers (NBA) and 1,517,550 residents. The city of “Brotherly Love” is known for their world famous Philly cheese steak sandwiches. Although the median house value is only $59,700, the prices for family sized homes are much higher. The housing market has been steady in recent years as the population not changed much.
Pennsylvania Mortgage Facts
- Non-Community Property State - Since Pennsylvania is a non-community property state, you do NOT need to include the liabilities of your spouse, when applying for a Pennsylvania mortgage, if you choose to leave them off of the loan.
- High Closing Cost State - HUD has determined certain states to be high closing cost states and others to be low closing cost states. Pennsylvania is classified as a high closing cost state due to higher priced title fees. If you are moving to Pennsylvania from another state, be aware of these costs.
- Mortgage Tax State - Be aware, there is a state tax that is assessed on all Pennsylvania mortgage purchases.