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California Loans / California Mortgages
If you are looking to purchase or sell real estate in California, or if you are seeking information on relocation, property
management, investment properties, then you have come to the right place.
Whether you want to purchase a new home, refinance your existing mortgage, refinance your first mortgage and leave your second
mortgage/home loan intact, get a home equity loan, consolidate your debt, get a second mortgage, or make improvements to your home, we can offer you mortgage loan
information.
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. 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.
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