Which of the Arizona Mortgage Programs is Best for You?
Below you will find links to information for low down Arizona mortgage programs that work best with down payment assistance programs.
FHA home loans are often used with down payment assistance and first time home buyer programs because they have flexible qualifying criteria and great interest rates. FHA loans are intended to help people overcome the barriers to home ownership and finance their first home.
VA home loans are a popular option for those who served. They are guaranteed by federal government through the Veterans Benefits Administration. Arizona VA mortgages help meet the housing needs of eligible veterans and have some of the best benefits of any mortgage program.
USDA loans are offered through a government loan program that is designed to help potential low- to moderate-income homeowners in rural communities. This includes the outskirts of some of Arizona’s larger cities where many of the most affordable homes are located.
A conventional loan is any mortgage loan that is not insured by any government agency (i.e. FHA, VA or USDA). Today, conventional loans are written to the guidelines set by Fannie Mae or Freddie Mac.
Arizona Mortgage Company
Working with an Arizona mortgage company can save you money and give you peace of mind.
When financing a new home, knowing which is the right loan program to choose can seem challenging. There are many financing options available and sometimes the terms and verbiage can be difficult to understand. We understand that while one type of loan will work for a particular person, it’s not the best for another.
Every family or individual has different needs, and we will work together to help you find the best financing options for your particular situation.
We are an Arizona-based mortgage lender that is authorized to offer low down mortgage programs that accept down payment assistance and we will fully explain your financing options and advise you as to what will be the most satisfactory and affordable choice … for the short-term and the long-term.
Work With a Reputable Licensed Arizona Mortgage Lender
Simply put, not all loan officers are alike. When shopping for a low down mortgage program that works best with Arizona down payment assistance programs, it is important that you work with a reputable licensed loan officer who is knowledgeable about the various loan programs that accept down payment assistance.
Get a quote from a licensed lender who is approved to offer the low down mortgage programs that work best with Arizona down payment assistance. Getting a quote involves speaking with a loan officer, finding out how much you can buy and what your payment will be and providing any requested information. This way you can get a prequalification letter that you can provide to a real estate agent and down payment assistance plan administrator.
Starting the process to get prequalified is not hard. We can help you rest easy knowing you qualify for the best of the Arizona mortgage programs and down payment assistance options for your personal needs.
