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Loans to fit your life! Discover the different options to fund a purchase in beautiful Arizona

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There are so many different products in the mortgage industry, there is most likely something for you!  My job is to direct you in right direction with the different lenders we have, if you need a pre approval, call me at 480-466-4917 to get started!

FHA Loan:

  • 3.5% down payment
  • Fico’s as low as 580
  • Manual underwrites
  • Condo’s ok!

VA Loan:

  • 0% down payment
  • Min FICO 600
  • Manual underwrites

Conventional Loan:

  • 3% down payment
  • Min Fico of 620
  • Up to 97% loan to value
  • Financing for properties with 5-10 financed properties

What drives mortgage Rates?

Rates go up because of

  • Unemployment rates goes down
  • better then expected economic data
  • middle east tensions
  • higher consumer price index
  • higher wholesale prices
  • stock market on the rise
  • A global serene landscape around the globe
  • China’s gap improves

Rates go down because of

  • Jobs data stagnant or in decline
  • Housing weaker then expected
  • Conflicts or acts of terror
  • hourly earnings lower
  • Stocks in decline
  • natural disasters

Loan process do’s

  • Make all payments on time
  • Tell lender of all properties you own
  • Mention employment changes asap
  • Keep working with your current employer
  • Keep all your pay stubs

Loan Don’ts

  • Don’t apply for new credit cards
  • Don’t make cash deposits
  • Don’t transfer any money around
  • Don’t open and new credit

Call me today at 480-466-4917

Jay Bru

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