El Centro
Home Loans
Get The Lowest Interest Rate On
El Centro Home Loans.
Whether you are a first time home buyer or
trading up to a larger home in El Centro, we work to find the best home loan solution for
you. Constantly surveying the hundreds of mortgage lenders as well as
anonymously testing their staff, we are always aware of the conditions of the
home loan market as well as the lenders involved in it.
Best Lender For
El Centro Home Loans
Unfortunately, the subprime mortgage
crisis has caused dramatic changes in the lending climate. Many lending
institutions have suffered tremendous losses and as a result have
tightened their lending standards drastically. Whereas it used to be
very, very easy to meet the requirements in order to get approved, it is
now much more difficult with most lenders.
When searching for a mortgage lender
in El Centro, it is important to
find one that not only offers the lowest rates, but also has not
tightened lending standards to the point that only a tiny percentage of
applicants will qualify.
El Centro California
Overview & Statistics
El Centro Overview
As of 2007, El Centro's population is 40,563 people. Since 2000, it has had a population growth of 7.21 percent.
The median home cost in El Centro is $286,500. Home appreciation the last year has been 2.34 percent.
Compared to the rest of the country, El Centro's cost of living is 3.52% Higher than the U.S. average.
El Centro public schools spend $5,364 per student. The average school expenditure in the U.S. is $6,058. There are about 20 students per teacher in El Centro.
The unemployment rate in El Centro is 15.20 percent(U.S. avg. is 4.60%). Recent job growth is Positive. El Centro jobs have Increased by 3.01 percent.
El Centro Climate
El Centro, CA, gets 3 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 11.
On average, there are 304 sunny days per year in El Centro, CA. The July high is around 108 degrees. The January low is 40. Our comfort index, which is based on humidity during the hot months, is a 40 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
El Centro Housing
The median home value in El Centro, CA, is $286,500. Home appreciation is 2.34% over the last year. The median age of El Centro, CA, real estate is 29 years.
El Centro, CA Apartments and Rentals
Renters make up 46.24% of the El Centro, CA, population. 7.50% of houses and apartments in El Centro, CA, are unoccupied (vacancy rate).
El Centro Crime
El Centro, CA, violent crime, on a scale from 1 (low crime) to 10, is 6. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
El Centro, CA, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
For related resources see also:
www.cityofelcentro.org
El Centro Real Estate Agents
California First Time Home
Buyers Grants
California First Time Home
Buyer Programs
California Home Mortgage Loans
