Enhancing Access to Home Financing: Freddie Mac’s Second Lien Initiative
In an effort to expand access to home financing and support borrowers navigating the complexities of today’s market, Freddie Mac has announced a pioneering initiative focused on second liens for single-family properties. This forward-thinking product holds significant promise for homeowners seeking additional financial flexibility. If approved by the Federal Housing Finance Agency (FHFA), it could […]
Arizona Governor Hobbs and ADOH Announce ‘Arizona Is Home’ Program
Arizona Governor Katie Hobbs and the Arizona Department of Housing (ADOH) announced this week the rollout of a new $13 million housing program called ‘Arizona is Home’ to increase homeownership across the state. The program consists of enhanced down payment assistance and mortgage interest rate relief, qualifying low-to-moderate income first-time homebuyers. It is expected to […]
Harnessing the Power of HELOCs
Rates are still high and the idea of raising your interest rate on what you already owe to get cash out isn’t very appealing. With that in mind, Home Equity Line of Credit (HELOC) is a versatile financial tool that can empower homeowners leverage the equity in their homes for various purposes. At AZM, we understand […]
Exceptional Benefits of VA Loans
For those who have served our country in the military, VA loans offer a pathway to homeownership with unparalleled advantages. VA loans can open doors for veterans and active-duty service members alike. Funding fee exemptions and adaptations are also available through this loan, making homes more accessible to veterans. The power of VA loans starts […]
What Is A Non-QM Loan?
What Is A Non-QM Loan? When it comes to mortgage loans, most people are familiar with traditional options such as conventional, FHA, and VA loans. However, there’s a less-known category of mortgage products known as Non-QM loans. In this blog post, we’ll explore what Non-QM loans are, who they’re designed for, and their key features. […]
The Benefits of a Reverse Mortgage – AZ Mortgage
Understanding Reverse Mortgages As retirement approaches, financial security becomes a top priority for seniors. One option that often goes overlooked is the reverse mortgage. In this guide, we’ll delve into the world of reverse mortgages, exploring their benefits, considerations, and how to decide if they’re right for you. How does a reverse mortgage work? A […]
Navigating 1099 Mortgage Loans: Myths, Realities, and Advantages
1099 Mortgage Loans: Myths, Realities, and Advantages As a trusted partner in your financial journey, AZ Mortgage is here to provide accurate information about your borrowing options. The realm of 1099 mortgage loans might be unfamiliar to some, but we’re here to dispel misconceptions and shed light on the benefits they offer. Misconception 1: “1099 […]
The Arizona VA Loan Advantage: Financing Options for Veterans
The Arizona VA Loan Advantage: Financing Options for Veterans At AZ Mortgage, we salute and honor the service of our veterans who have dedicated themselves to our country. If you’re a veteran dreaming of homeownership in Arizona, the VA loan program offers a distinct advantage. As your trusted mortgage broker in Arizona, we’re here to […]
Jumbo Loans Demystified: What Arizona Homebuyers Should Know
Jumbo Loans Demystified: What Arizona Homebuyers Should Know Are you setting your sights on a luxurious home in Arizona? If your dream property comes with a higher price tag, you might be wondering about your financing options. At AZ Mortgage, your trusted mortgage broker in Arizona, we’re here to shed light on jumbo loans – […]
Navigating Arizona Home Loans: A Comprehensive Guide
Navigating Arizona Home Loans: A Comprehensive Guide Securing a home loan is a crucial step in the journey to homeownership. In the state of Arizona, potential homeowners have several options available to them. This comprehensive guide aims to provide you with an overview of Arizona home loans, the process involved, and the types of loans […]
