Tag Archives: first time home buyer loans

Is 100% Financing Still Available For Purchasing a Home in Arizona?

Is 100% Financing Still Available For Purchasing a Home in Arizona?

USDA Home Loans - 100% Financing
If you’re interested in purchasing a home in Arizona but don’t have the available resources for a down payment, look no further than the U.S. Department of Agriculture (USDA) Home Loan.  The USDA has a guaranteed home loan program available to help individuals and families purchase a home in Arizona located in certain qualified rural areas.
How do you qualify [...]

Can You Really Buy a Home in Phoenix with $100 Down?? Meet the HUD Repo

Can You Really Buy a Home in Phoenix with $100 Down??  Meet the HUD Repo

So you’ve decided that you want to buy a home in Phoenix, AZ.  Besides the many advantages to living in the Valley, interest rates reaching all-time lows coupled with the recent plunge in home prices make Phoenix a very affordable and attractive option.   Nowadays, it is actually cheaper to purchase a home in the Phoenix [...]

So What’s My Phoenix Home Loan Rate?

So What’s My Phoenix Home Loan Rate?

“So what’s my Phoenix home loan rate”? This is the question asked to loan originators everyday from our clients and prospects.  There is no simple answer and it seems to be getting more complex as the mortgage industry moves toward more risk-based pricing.  Risk-based pricing allows adjustments to par pricing for risk factors such as; FICO scores, loan-to-value percentages, [...]

My 203k FHA Loan Closed – What Happens Now?

My 203k FHA Loan Closed – What Happens Now?

Are you purchasing a home in Phoenix?  Is the house bank-owned, does it need some TLC, or would you just like to paint, carpet and put in some new appliances?  The FHA 203k Streamline loan is the perfect solution.  Click here for a more detailed guide for specifics on how the 203k loan works. 
FHA’s Streamline 203(k) mortgage program allows [...]

Current FHA Loan Requirements for Phoenix Home Buyers

Current FHA Loan Requirements for Phoenix Home Buyers

 

Phoenix home buyers looking to take advantage of favorable interest rates, reduced home prices, and a low down payment should consider an FHA loan when buying a new home in which to live.  The Federal Housing Administration (FHA) is a part of the U.S. Department of Housing and Urban Development (HUD).  Since FHA loans are insured by the government, [...]

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