Arizona Mortgage Team

Arizona Mortgage Rates. Refinance FHA, VA and Jumbo Mortgage Loans.

  • Loan Programs
    • FHA Loans
      • FHA 203k Loan
      • FHA Streamline Refinance
      • FHA Kiddie Condo Loan
    • VA Loans
    • USDA Loans
    • HomePath Loans
    • Interest Only Mortgage Loans
    • Refinancing
    • Reverse Mortgages
      • Reverse Mortgage Quote
  • Insurance
    • Arizona Car Insurance
    • Arizona Homeowner Insurance
    • Arizona Life Insurance
    • Arizona Renters Insurance
  • Press
  • Blog

Arizona VA Loans

Arizona Mortgage Team- Arizona VA Loans

Arizona VA Loans: The VA Mortgage Loan Program

An Arizona VA loan is a popular option for many veterans across Arizona. Arizona VA loans allow veterans to purchase a home with 100% financing and have no monthly mortgage insurance. For veterans who currently have an Arizona VA loan that is at a higher-than-market interest rate, they can easily take advantage of the VA streamline refinance with no out of pocket closing costs required.

As you are already aware, the VA doesn’t actually lend you money for your Arizona VA loan, they only insure your loan so that if you default, the lender gets paid. Because of this reason, lenders are excited about lending money to veterans through the Arizona VA loan program.

Arizona VA loan highlights include:

  • 100% financing for new home purchases
  • No mortgage insurance required
  • No prepay penalty in any Arizona VA loan
  • Arizona VA loans have similar closing costs to other loans, even though they offer 100% financing
  • A one time funding fee is charged – but can rolled into the loan

An Arizona VA loan can be used to buy a home, build a home and even improve a home with energy-saving features such as solar heating or cooling systems, water heaters, insulation, weather-stripping, storm windows/doors or other energy efficient improvements approved by the lender and VA.

Arizona VA Loans: The Certificate of Eligibility

In order to qualify for an Arizona VA loan, you must have a Certificate of Eligibility from the VA and it must be in your loan package in order to qualify for a VA home loan. If you don’t currently have a certificate of eligibility or need help obtaining your certificate, you can contact us directly for help!

Arizona VA Loan Streamline Program

For veterans who are currently in an Arizona VA loan, the VA streamline refinance program allows you to take advantage of lower interest rates without having to completely re-qualify for a new loan. With the Arizona VA streamline refinance, you can lower your monthly payment and interest rate with no out of pocket expenses. The VA streamline is also known as the VA IRRRL program.

See VA mortgage rates (updated daily) here.

VA Loans: How To Save The Most Money

Regardless if you are buying a home or refinancing your VA loan, there is one secret that you can do to save money that most lenders won’t tell you – shop around! When you shop multiple VA lenders for a rate quote, they are compelled to offer you their best deal – and you might be surprised at how different each rate quote is for your situation. Shopping lenders is easy, free and only takes a few minutes. Get a free VA loan quote today!

Recent Items

  • How Does a VA Streamline Work?
  • Can you Use a Mortgage Assumption after a Divorce?
  • What are the Major USDA Streamline Guidelines?
  • How is the USDA Monthly Guarantee Fee Calculated?
  • How to Purchase USDA Foreclosed Homes?

Latest News

  • How Does a VA Streamline Work?
  • Can you Use a Mortgage Assumption after a Divorce?
  • What are the Major USDA Streamline Guidelines?
  • How is the USDA Monthly Guarantee Fee Calculated?
  • How to Purchase USDA Foreclosed Homes?

Search

IMPORTANT MORTGAGE DISCLOSURES:

When inquiring about a mortgage on this site, this is not a mortgage application. Upon the completion of your inquiry, we will work hard to match you with a lender who may assist you with a mortgage application and provide mortgage product eligibility requirements for your individual situation.

Any mortgage product that a lender may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the mortgage credit product.

When applying for a mortgage credit product, lenders will commonly require you to provide a valid social security number and submit to a credit check . Consumers who do not have the minimum acceptable credit required by the lender are unlikely to be approved for mortgage refinancing.

Minimum credit ratings may vary according to lender and mortgage product. In the event that you do not qualify for a credit rating based on the required minimum credit rating, a lender may or may not introduce you to a credit counseling service or credit improvement company who may or may not be able to assist you with improving your credit for a fee.

Copyright © Mortgage.info is not a government agency or a lender. Not affiliated with HUD, FHA, VA, FNMA or GNMA. We work hard to match you with local lenders for the mortgage you inquire about. This is not an offer to lend and we are not affiliated with your current mortgage servicer.

Contact Us | Terms of Use | Privacy Policy

Buy Mortgage Leads

Mortgage.info

NMLS ID #1237615 | AZMB #0928735

8123 South Interport Blvd. Suite A, Englewood, CO 80112

CLICK TO SEE TODAY'S RATES

Contact Us