Down Payment Assistance Blog

Get the latest updates on down payment assistance in Arizona.

Questions to ask before choosing your new home

So you’ve decided to buy a new house. Maybe you’re moving to a new city, or maybe just a new part of town. Maybe you’ve come to a crossroads in your life and decided it’s time to take the homeownership leap. Before you even think about shopping around, you have to decide what means the […] READ MORE

The Four Most Important Mortgage Documents

I remember when I was buying my first home and the mortgage loan officer walked into the office with a stack of papers about five inches high.  My initial thought was; do I have to sign each one of those documents?  Back then (yes, I realize I might be giving my age away here) the […] READ MORE

What’s public record when you sell a home?

Real estate transactions are public record, accessible to anyone wanting information on a parcel. Available information includes value, sales history, square footage, improvements and ownership. The county recorder and the county tax assessor’s offices maintain real estate databases. The county recorder’s database includes all recorded transactions, such as mortgages and other liens, while the tax […] READ MORE

Mortgage Delinquencies among Some Homeowners on the Rise

Federal Housing Administration mortgage delinquencies jumped in the fourth quarter for the first time since 2006, the Mortgage Bankers Association reported Wednesday. The FHA insures low down-payment loans and is a favorite among first-time homebuyers. The FHA insures loans and does not lend money. It requires just 3.5 percent for down payment, plus an upfront […] READ MORE

Top Qualities of a Mortgage Loan Officer

Congratulations on your decision to buy a house, it’s a big one.  When you’re looking for a loan officer, you should look for several things to make sure you get the best. You’re going to be relying on this person to assist with financial guidance with one of the largest purchases in your life.  It’s […] READ MORE

How Soon Can I Buy a House After Bankruptcy or Foreclosure?

Bouncing back from bankruptcy or foreclosure takes time.  It is possible, but long before you begin shopping for a home you have to work hard to boost your credit profile and get a good handle on your mortgage options. A bankruptcy or foreclosure definitely adds risk to your loan file, but neither has to be […] READ MORE

Why We Expect to See an Increase in the Market in 2017-2018

Get ready there is a new group of home buyers about to hit real estate markets all across the nation; they are called the “Boomerang Buyers.” Over 7 million families lost their homes to foreclosure between 2007 and 2014 during the Great Recession. An additional 2.3 million sold their homes via short sale, or selling […] READ MORE

Smart Technology for Your Home

Smart Gadgets for the Home Technology is really astounding.  Imagine explaining to your grandparents that now there is a robot that can mow the lawn (Robomow RS622) or a scale that will make sure your baking is done to perfection every time (Perfect Bake Pro)? They might think you’re talking about an episode of the […] READ MORE

How to Get Pre-Approved for a Mortgage Home Loan

One of the best things you can do to help ensure your best possible shot at getting the home you want is to get a pre-approved mortgage loan. First things first; you’ll need to shop for a lender. A good lender will work closely with your specific situation and explain the loan and buying process […] READ MORE

Are High Childcare Costs Affecting Your Ability to Secure a Mortgage?

Your family is growing, your once bachelor pad, turned honeymoon suite just isn’t cutting it anymore when your wife tells you the wonderful news that you’re expecting your first child. The excitement of starting a family leads you to rent a home, still not quite ready financially to buy, but ready to make a larger […] READ MORE

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