Phoenix Mortgage Blog
Articles on loan programs for buyers and homeowners across Phoenix, Scottsdale, the East Valley and the West Valley.
Eligible active duty service members can buy a Phoenix-area home with zero down payment, no monthly mortgage insurance and a capped set of closing costs through a VA loan, and the entitlement can be restored and reused after each sale or payoff.
Read the article →Condo financing depends on the project as much as the borrower, so before you write an offer on a Phoenix or Scottsdale condo, confirm the HOA's owner-occupancy ratio, delinquency rate, litigation status, reserves and insurance — those five items decide whether the loan is possible.
Read the article →Arizona buyers have several real down payment assistance options, including statewide programs through the Arizona Industrial Development Authority and city and county programs across the Phoenix metro, most of which provide a grant or second lien covering roughly 3 to 5 percent of the purchase price for buyers meeting income and credit thresholds.
Read the article →Tell Jim what you are trying to accomplish. He will help you understand the numbers, compare your options and determine the right next step.