2024 Arizona FHA loan limit The department of Housing Urban Development (HUD) announced an increase FHA loan limit in Arizona for 2024. Starting January 1 2024, the new 2024 FHA loan limit in Arizona for single-family properties in Maricopa county will be $530,150!!! Which means that the minimum purchase price with 3.5% down will be […]
2024 Arizona Conventional Loan Limit
2024 Conventional Loan Limit in Arizona Starting January 1 2024, the 2024 conventional loan limit in Arizona Maricopa County for single-family properties will be $766,550. This means home buyers using (3% down payment) can buy at a maximum purchase price of about $790,257! This is great news for Arizona home buyers planning to use the […]
What is a Mortgage Recast
What is Mortgage Recasting? When homeowners looking to reduce their monthly mortgage payments, they often consider refinancing their homes. The issue with refinancing is that it resets the clock on your mortgage and may extend your payments over a longer period of time. While you save monthly, it may cost you more in the long […]
2023 Arizona Conventional Loan Limit
2023 Conventional Loan Limit in Arizona Starting January 1 2023, the 2023 conventional loan limit in Arizona Maricopa County for single-family properties will be $726,200. This means home buyers using (3% down payment) can buy at a maximum purchase price of about $748,659! This is great news for Arizona home buyers planning to use the […]
2023 FHA Loan Limit Arizona
2023 Arizona FHA loan limit The department of Housing Urban Development (HUD) announced an increase FHA loan limit in Arizona for 2023. Starting January 1 2023, the new 2023 FHA loan limit in Arizona for single-family properties in Maricopa county will be $472,030!!! Which means that the minimum purchase price with 3.5% down will be […]
2022 FHA Loan Limit Arizona
2022 FHA loan limit in Arizona Increase about 18.0 Percent The department of Housing Urban Development (HUD) announced an increase FHA loan limit in Arizona for 2022. Starting 1/1/2022, the new 2022 FHA loan limit in Arizona for single-family properties in Maricopa county will be $420,680!!! Which means that the minimum purchase price with 3.5% […]
2022 Arizona Conventional Loan Limit
2022 Conventional Loan Limit in Arizona Starting 1/1/2022, the 2022 conventional loan limit in Arizona Maricopa County for single-family properties will be $647,200. This means home buyers using (3% down payment) can buy at a maximum purchase price of about $667,216! This is great news for Arizona home buyers planning to use the conventional loan […]
What is Mortgage Preapproval?
What is mortgage preapproval when buying a house in Arizona? As you search for a home, getting pre-approved for a mortgage can be an important step to take. It can be hard to shop for a home without knowing how much you can afford. Mortgage preapproval lets you shop smarter and make stronger offers. Let’s […]
Not All Lender are Same
Things to Consider Before Refinancing
Things To Consider Before Refinancing Your Home Loan With the current mortgage rates in historic low, many homeowners are considering refinancing their home. Refinancing for the right reasons at the right time can be hugely beneficial for homeowners. Homeowners can take advantage of lower rates to decrease their monthly payment. This extra money could go […]