Arizona Counties Rank High as Best Places to Get a Mortgage

Arizona Counties Rank High as Best Places to Get a Mortgage

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Home buyers looking to head back into the market in Arizona may do so in a state where it’s pretty decent to get a mortgage.

A new SmartAsset.com look at the best counties for getting a mortgage finds those in Arizona among the tops in the country. Pinal County came in first in the state and No. 34 nationally.

The report looked at five-year borrowing costs for as a ranking measure, but also examined property taxes, loan funding rates and annual mortgage payments to determine a composite score.

While the state’s most populous counties, Maricopa and Pima, ranked well nationally they were behind the curve in the state, ranking No. 3 and No. 9 respectively.

The best counties to get a mortgage mostly reside in Florida, with six of the top 10 in the ranking in the Sunshine State.

For a complete look at the rankings, click here.

 

Source: http://www.bizjournals.com/phoenix/news/2017/03/05/arizona-counties-rank-high-as-best-places-to-get-a.html