The George Team is committed to making sure that you get your FHA loan funded on time. Tim is a licensed loan officer for AmeriFirst Financial, Inc. Tim is a Certified Mortgage Planning Specialist and earned his designation after only 1 year as a loan originator. Tim's team specializes in FHA, VA, Conventional, and Jumbo mortgage loans. Since Tim joined the mortgage industry in 2007, he has shown great ability and understanding of the FHA loan product. In the current state of the mortgage market, FHA loans have become one of the most favorite loans for consumers because they offer low down payments and are easy to qualify for. If you need to know what it takes to qualify for an FHA loan, Tim will help you with the prequalification process as well. As a part of the AmeriFirst Financial, Inc team, Tim has relationships with many different lenders such as Wells Fargo and Chase. Tim can shop for the best rates through his pricing engine to help his customer's assure that they are getting the best rate for that time frame, without having to go shopping to 10 different banks. As a Full Eagle, AmeriFirst Financial, Inc will underwrite, process, and fund FHA, VA, USDA, Conventional, and even Jumbo loans in house. Arizona Mortgage Rates FHA loan limits in Maricopa County are currently $346,250 with a minimum down payment of 3.5% of the purchase price. FHA is an excellent choice for 1st time home buyers, as well as someone that just wants to own their own primary residence. FHA has been around since 1930's and is a great product. The Federal Housing Administration was first made to help make homeownership affordable to everybody in America that wants to own their own home. To learn more about FHA loans, visit my website. Arizona Mortgage Rates Designed to offer long-term financing to American veterans, VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA Mortgage loans rate determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA Mortgage loan rates than conventional loans. Here's how it works: 100% financing without private mortgage insurance or 20% second mortgage. Maricopa County VA Mortgage Loans are 100% LTV up to $417,000, then only a small down payment is required. A VA Mortgage funding fee of 0 to 3.3% (this fee may be financed) of the loan amount is paid to the VA. When purchasing a home, veterans may borrow up to 100% of the sales price or reasonable value of the home, whichever is less. When refinancing a home, veterans may borrow up to 90% of reasonable value in order to refinance where state law allows. VA Mortgages are for Veterians Apply for a VA Mortgage Loan with a VA Qualified Lender. Arizona Mortgage RatesThe George Team Specializes in Veteran Mortgage Loans in Arizona. Our team does loans throughout Arizona. You can be sure that if you apply for a Mortgage Loan in Arizona you will be dealing with one of the best. Veteran Mortgage Loans in Arizona must be handled by someone who knows the guideline. For more information, you can visit their site: www.azdvs.gov/ USDA Loan Programs: The U.S. Department of Agriculture offers a variety of programs to help low to moderate-income individuals living in small towns or rural areas achieve homeownership. The Rural Housing Service (RHS) helps qualifying applicants, who cannot receive credit from other sources, purchase modestly priced homes as their primary residence. USDA Loans are an attractive option because: o Zero down paymento Unlimited Seller contributionso Unrestricted Gift Fundso 100% of appraised value, not sales priceo Up to $10,000 of repairs based on as improved valueo 30 year fixed loano USDA does have income limits (check with your Amerifirst LO for details)o No Max Loan Limits (but purchase price will be restricted by income limits)o Debt Ratios 29/41 (possibly higher with risk layering)o Purchase Only!o No MI - But a 2% RHS Guarantee Fee is Chargedo Zero Reserves Requiredo Loan Must go Through GUS Underwriting Systemo Borrower must have $500 of Own Funds In the Dealo Home must be in designated area USDA loans can be used toward the purchase and renovation of a previously owned home or a new construction. Families must be able to pay their monthly mortgage, homeowner's insurance and property taxes. Find out if you qualify for an USDA Loan. Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs. Whether you are purchasing your dream home, refinancing an outstanding loan, or consolidating debt, our highly experienced team of loan officers can help you find the right loan program at the lowest rate no matter what your needs are. Our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come. Unlike many of the larger nationwide mortgage companies that are out there, all your information will be kept secure and private. Our name that is trusted throughout the community. To speak directly with an experienced mortgage professional simply give us a call anytime or feel free to utilize any of the interactive tools offered throughout the site. We look forward to working with you. Arizona Mortgage Rates Tim's favorite quote: "The longer I live, the more I realize the impact of attitude on life. Attitude, to me, is more important than facts. It is more important than the past, than education, than money, than circumstances, than failure, than successes, than what other people think or say or do. It is more important than appearance, giftedness or skill. It will make or break a company... a church... a home. The remarkable thing is we have a choice everyday regarding the attitude we will embrace for that day. We cannot change our past... we cannot change the fact that people will act in a certain way. We cannot change the inevitable. The only thing we can do is play on the one string we have, and that is our attitude. I am convinced that life is 10% what happens to me and 90% of how I react to it. And so it is with you... we are in charge of our Attitudes." Charles Swindoll Arizona Mortgage Rates Epropertysites: Here is a sample of a listing presentation that my referral partners utilize with Active Rain: Epropertysites 7125 N VIA DE AMIGOS ST Scottsdale, AZ 85258 McCormick Ranch Beauty! Home Photo Gallery Virtual Tour Property Map Payment Info Request Showing Contact Me Heidi MajidiDirect: 602 - 570 - 8113 Mobile: 602-570-8113 Website: Visit Website Price : $272,000 Bedrooms : 3 Bathrooms : 2 Square Foot : 1,890 Lot Size : 6,367 Community : Paseo Trails at McCormick Ranch County : Maricopa Property Type : Detached Year Built : 1974 MLS Number : 4490749 click for more information and pictures Property Description You have got to see this meticulously maintained home located in the Paseo Trails at McCormick Ranch! Home shows pride of ownership throughout. Beautiful tile and wood flooring (no carpet), open floorplan, vaulted ceilings, Corian counter tops, sparkling diving pool, manicured landscaping and priced to sell. Not a distressed sale, just a realistic seller priced in today's market. Close to shopping, golfing, schools, freeways, nightlife, dining, etc. Call to see this gorgeous home today! Features List Kiva Mohave Saguaro Scottsdale Undified School Private Pool Fireplace Covered Patio Diving Pool Vaulted Ceilings FHA financing VA Financing Conventional McCormick Ranch Equal Housing Opportunity. Remax Fine Properties : 21000 N Pima Rd - Scottsdale AZ 85260 : 602 - 570 - 8113 Everything I need to start your loan package: Tax Returns for 2008 and 2009, if you have not filed 2009 then replace with 2007 and give me a copy of the extension- Must have filed your tax returns, we will be ordering a Transcript of the filed returns to verify your 1040's. In the event you cannot find your Tax Returns, you will need to go to the IRS Consumer Division and order a copy they will give them to you there. W-2's and 1099's for 2008 and 2009. Pay stubs covering last 30 days. 2 Most recent bank statement, all pages all accounts for last 60 days. Investment accounts, 401k or IRA account statements, all pages most recent Copy of Driver's License and Social Security Card - If you do not have your SSN Card you will need to go down to Social Security Office and get a new one. Year Make and Model of Vehicle(s) with approximate values Contact for Verification of Employment - Need name and Phone Number Contact Information for Landlord - Need name and Phone number Contact Peggy Batad at American Family Insurance at (623) 878-0335 or email firstname.lastname@example.org for a quote that we will need to run your application. They are a Home Owner Insurance group that we work very closely with us. Budget Letter Letter of Explanation regarding Inquires on your credit. If you have not added any new credit lines, then this will suffice: I have not opened any new credit lines, or added any other debt not listed on my credit report. SIGNED, DATED Letter of Explanation regarding ANY derogatory credit explaining any late payments, collections etc. For bankruptcies discharged in the last 7 years, explain what happened to cause the BK and mention that you have taken care of the cause as to ensure it will not happen again. SIGNED, DATED IF APPLICABLE - copy of Bankruptcy papers, with discharge - Copy of Divorce Decree - Copy of Child Support Order Arizona Mortgage Rates Tim's Short Bio: Tim is a loving father and enjoys being with his family and friends. He is really committed to his family, friends and his team. He enjoys football and basketball. Tim loves going to California on his vacations. Originally from Ohio, Tim moved to New Mexico when he was 9 years old. In 2001, he moved to Arizona where he found his passion in the finance industry. He is always looking out for the good of others. He is a very hardworking individual and strives to be #1 at everything he does. My Websites: http://www.Arizona-Realestate-Guide.com http://www.TheGeorgeTeam.com/ http://www.facebook.com/thegeorgeteam http://www.activerain.com/tgeorge http://www.linkedin.com/pub/timothy-geor... http://www.arizona-realestate-guide.com http://www.google.com/profiles/TheGeorgeTeamAZ http://www.Twitter.com/thegeorgeteam Arizona Mortgage Rates FHA Loan: FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development. FHA loans are an attractive option, especially for first-time homeowners: Generally easier to qualify for than conventional loans. Lower down payment requirements. Cannot exceed statutory loan limits. Learn more about FHA loans. (Department of Housing and Urban Development) Arizona Mortgage Rates
Designed to offer long-term financing to American veterans, VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans. Here's how it works: 100% financing without private mortgage insurance or 20% second mortgage. Maricopa County VA Loans are 100% LTV up to $417,000, then only a small down payment is required. A VA funding fee of 0 to 3.3% (this fee may be financed) of the loan amount is paid to the VA. When purchasing a home, veterans may borrow up to 100% of the sales price or reasonable value of the home, whichever is less. When refinancing a home, veterans may borrow up to 90% of reasonable value in order to refinance where state law allows.
Arizona Mortgage Rates
Conventional loans are mortgage loans offered by non-government sponsored lenders. These loan types include: Fixed Rate Loans Adjustable Rate Loans (ARMs) Combination (Hybrid) Loans Balloon Mortgages and Pledge Asset Loans Jumbo / Construction Loans Reverse Mortgage
Arizona Mortgage Rates