Updated April, 2015

Popular Arizona Mortgage Loan Programs

Between the years of 2000 and 2008, it seemed as if mortgage credit was easy to come by. Stated income loans, no-doc loans and other creative programs were popular and lenders were lending money to anyone who could sign a loan package. The Arizona loan programs went largely dry between 2008 and 2012, but starting in 2012, the lenders have started to loan with a number of different loan programs and guidelines are starting to loosen again.

Popular loan programs for people who are buying a home in Arizona include:

• FHA Loans
• FHA 203k Loans
• VA Loans
• USDA Loans
• HomePath Loans
• Jumbo Loans
• Conventional Loans

And for current homeowners who have FHA or VA loans currently, when interest rates go down the Arizona FHA streamline and Arizona VA streamline refinance programs are popular.

Loan Modification

If you are behind on your payments and cannot refinance, a loan modification may be something that can help you. There are many different ways to approach getting a loan modification – and the one thing that is certain is that the process isn’t exactly easy. If you are in the situation where you think you may need to get a loan modification, be sure to do your research and talk to as many different people as you can before deciding what is the best approach for you.

New Homeowners

Many people are moving to Arizona because of the great weather, economy and overall economic outlook. If you are going to be moving to Arizona, the chances are good that you will want to finance your new home with a mortgage. Many people who are buying a house are interested not only in the different loan programs available, but also whether or not there is any down payment assistance programs available. The good news is that depending on your situation – help may be available!

Click here for a list of Arizona down payment assistance programs.

Arizona Loan Officers

Regardless whether you are buying a new home or refinancing a current mortgage, choosing the right loan officer can make all the difference if having a smooth transaction. The best loan officers have experience, knowledge and work for companies who have in-house decision making authority when it comes to underwriting and funding your loan. There are many great loan officers and lenders here in Arizona and we are working hard to match you up with the best loan officer for your needs.

Click here to get matched up with a local Arizona lender who can help you with your mortgage.

The best way to get a great deal on your mortgage is to be sure to get multiple quotes. Getting a mortgage quote is free, only takes a few minutes and will give you a good idea of what you qualify for and what to expect regarding rates. You might be surprised to learn what a difference in rates and service you may see between lenders – and how much even saving .25% can save you over the life of your loan. We have made it easy for you to get a free mortgage quote – just click here for a free mortgage quote from multiple lenders.