Are you thinking about or in the process of buying your first home? Congratulations! In terms of "is now a good time to buy or not" I think you will probably look back in 5 years and be glad you moved when you did. One of the most common questions we get from first time home buyers is "what does it take to qualify for a loan?" so I thought I would outline the qualification criteria for … [Read more...]
FHA is becoming a popular Arizona Mortgage option
Most people already know that FHA is short for Federal Housing Administration – it is all over the news in recent months. And as you may also know – FHA doesn’t actually lend anyone money, they only insure loans that are underwritten to certain criteria. Some of the most common questions that I hear regarding FHA programs include: What is FHA mortgage insurance and how does it work? Why … [Read more...]