2021 Conventional Loan Limit Increase about 7.5 Percent Starting 1/1/2021, the 2021 conventional loan limit in Arizona Maricopa County for single-family properties will be $548,250, increased about 7.5% from up from $510,400 in 2020. This means first time home buyers using (3% down payment) can buy at a maximum purchase price of about $565,200! This […]
If you plans to refinance their mortgage, look into doing it before December 1, 2020 As mortgage rate are in historic lows right now, many homeowner are considering refinance their mortgage. However, the cost of refinancing is poised to rise, depending on your lender and where you are in the application process. Starting on December […]
Lender Checklist: What You Need When Applying for a Mortgage When you apply for a home loan you will need to provide your lender number of documents. These documents verify a number of facts about your life, from your income to your debts and beyond. Here is mortgage loan documents checklist will help you prepare […]
The Benefits of 20 percent Down Payment When Buying a Home If you are planning to buy a home, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% for down payment. The […]
How to check your credit report and credit score for FREE You found your dream home online and you had decided to move forward to next step of process of buying a home. Your Realtor ask you to get prequalification for mortgage, so that you know how much for sure that you really can afford. […]
What is Mortgage Prequalification and Why You Need One When Buying a Home? Are you ready to take the leap into home-ownership? If so, you’ve probably already begun the home search process online – it’s an excellent place to start! Here’s another tip I think will be helpful in getting you on the path to […]
Home Buying Tips: Understand Mortgage Loan Process from First Contact to Recording Understanding how mortgage loan process is important when buying a house with loan. Once you offer being accepted by seller, time is an essence in every check point in the buying process. Every contingency must be fulfilled by the certain time as stated […]
The Benefits of Using FHA Loan When Buying a House in Arizona Home buyers today don’t often buy homes with 20% down payment. Low and no down payment mortgages remain popular for buyer today. One of the most popular low down payment mortgage program is the FHA loan. So, what are the benefits of using […]
My Spouse Has Bad Credit: Can We Still Buy A House? Your credit score is one of the most important pieces of information about you when it comes to borrowing money. Mortgage lenders use your credit record to help them make a decision on whether they should lend to you. If you’re married and you […]
How Can I Buy a House with FHA Loan After Bankruptcy? You have likely heard that a bankruptcy will stay on your credit report for seven to 10 years. While it is true, you may actually be able to become a homeowner with the help of an FHA loan. A common question among prospective home […]
My commitment to my clients is to ensure your home buying or selling experience are the most rewarding, most cost & time efficient and as stress free process as possible, while maintaining a professional and ethical business.
