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For most people, finding the right home in Little Rock, Arkansas is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Little Rock, Arkansas lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Little Rock within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Little Rock that now offer 100% financing – no down payment certainly helps keep moving expenses down!
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Little Rock is the capital and largest city of the U.S. state of Arkansas. It is the county seat of Pulaski County and had a city population of 184,564 in the 2005 census estimates. It and North Little Rock, Arkansas are co-principal cities of the six-county Little Rock-North Little Rock, Arkansas Metropolitan Statistical Area, an area with a population of 643,272 people, according to 2005 census estimates. The MSA is in turn included in the Little Rock-North Little Rock-Pine Bluff, Arkansas Combined Statistical Area, which had a population of 819,469 in the 2005 census estimates. Located near the geographic center of Arkansas, Little Rock derives its name from a small rock formation on the south bank of the Arkansas River called La Petite Roche (the "little rock"). The "little rock" was used by early river traffic as a landmark and became a well-known river crossing. -- Source: Wikipedia.com
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Census Data for Little Rock, Arkansas
| Little Rock | Arkansas | United States | |
| Population | 183,133 | 2,673,400 | 281,421,906 |
| Median age | 34.5 | 36 | 35.3 |
| Median age for Male | 32.7 | 34.6 | 34 |
| Median age for Female | 36.1 | 37.4 | 36.5 |
| Households | 77,352 | 1,042,696 | 105,480,101 |
| Household population | 178,218 | 2,599,492 | 273,643,273 |
| Average household size | 2.3 | 2.49 | 2.59 |
| Families | 46,490 | 732,261 | 71,787,347 |
| Average family size | 2.98 | 2.99 | 3.14 |
| Housing units | 84,793 | 1,173,043 | 115,904,641 |
| Occupied units | 77,352 | 1,042,696 | 105,480,101 |
| Vacant units | 7,441 | 130,347 | 10,424,540 |
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Other Popular Arkansas Cities: Bentonville Cabot Conway Fayetteville Fort Smith Hot Springs Little Rock Mountain Home Rogers Springdale
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