With recent guideline changes, AmeriFirst Financial, Inc. – a local Arizona based mortgage company - is pleased to announce we are now funding FHA loans with FICO scores down to 580. If you have been considering purchasing a home in Phoenix, now is the time to see if you can qualify. Don’t wait for interest rates [...]
Contrary to popular belief, there are no good or bad loan programs, however there are correct and incorrect loan programs depending on a borrower’s personal, financial, and credit situation. Choosing the most beneficial home loan program in Yuma Arizona requires careful planning and product education. Before deciding on one of the literally thousands of loan [...]
When purchasing a home in Phoenix, a VA (Veterans Administration) guaranteed home loan is the preferred loan program for active, non-active, Reserve, National Guard, and retired military of the armed forces because there is no down payment needed and no private monthly mortgage insurance required. Phoenix VA mortgage loans can be used towards purchasing a home, building [...]
Academy Mortgage in Scottsdale Arizona 15333 N Pima RD, Suite 205 Scottsdale, AZ 85260 If you are thinking of buying a home in Scottsdale, you need to make sure you speak to a qualified mortgage expert who knows the current mortgage program guidelines, offer a competitive interest rate, feel comfortable allowing you to [...]
Are you purchasing a home in Phoenix? Is the house bank-owned, does it need some minor repairs, or would you just like to paint, carpet and put in some new appliances? The FHA 203k Streamline loan is the perfect solution. FHA’s Streamline 203(k) mortgage program allows Phoenix homebuyers to finance up to an additional $35,000 into their [...]
What is a FHA 203k Loan and how can it help someone looking to purchase a home in Phoenix, AZ??? The Phoenix FHA 203k Rehabilitation Loan was started as a tool to help the revitalization of neighborhoods and communities in Phoenix, Arizona and throughout the United States. The 203k loan program offers borrowers the resources to rehabilitate [...]
Arizona FHA Loan Benefits can help you buy a house now Arizona FHA Loans come with many benefits that you cannot find in other loan programs, they are exclusive to the FHA Loan program. So I’ve made up a list of 5 Top Benefits of the FHA Loan. Drum roll please…. Easier to Qualify – [...]
The purpose of this article is to articulate some of the most common benefits of utilizing a FHA loan to finance a home purchase in Phoenix. The first bolded sentence is what many real estate professionals believe to be truth. Phoenix FHA mortgage interest rates are higher than conventional.With tiered FICO pricing on conventional loans, FHA loan rates can actually be lower than [...]
Can Collections Prohibit You From Getting Into The USDA Loan Program? Another question I hear quite a bit about the USDA Loan Program is about collections. It’s pretty common to hear… I have some old collections, are they going to stop me from getting approved for the USDA Loan? It’s always a good idea to [...]
Do you know who is allowed to pay closing costs on a new USDA Loan? Most buyers just leave it up to the real estate agent to negotiate closing costs with the seller. And this can be a mistake that can cost you thousands if you don’t provide your agent with the proper information about [...]
*This is not an offer to lend. 
Obama Refinance Plan For San Jose Homeowners AnnouncedHome Affordable Refinance Program Update Harp 2 Bay Area San Francisco California March 2012 Guidelines for Purchasing a 3 to 4 Unit Property with FHA Financing in Alameda, CA8 Year Fixed to 30 Year Fixed. You Can Choose Your Loan Term In San Jose
