Arizona Mortgage Broker Blog

Sterling Home Mortgage is OFFICIALLY FHA approved to originate FHA home mortgages. Apply Online for an FHA Mortgage

What does this mean for you? It means we can now offer you an additional choice in selecting the right mortgage loan. FHA Loans offer many advantages to other mortgages available. 

• An FHA Home Loan is a government-subsidized loan that is becoming ever popular with first-time homeowners. FHA is becoming a more popular way to refinance your current subprime loan into a fixed rate mortgage or even an adjustable rate FHA program. FHA requires the property to be your principal residence
• Low down payment
• We can use alternative credit.  For example, we can get a letter from your landlord stating that you have paid on time for the past 12 months
• FHA mortgages have relaxed standards used to qualify borrowers and are more liberal than those of conventional loans
• FHA loans are fully assumable (with qualifying)
• No prepayment penalty

The lending limits in Maricopa County, Arizona are below.

Phoenix-mesa-scottsdale	Maricopa	Arizona	263150	296390	360100	415500
City	County	State	1 Unit	2 Units	3 Units	4 Units

I hope this will excite you as much as it excites us to make this announcement. I am certain the addition of FHA loans will make our offerings even more aggresive than ever. If you have a loan in process and would like me to look at the rate you are being sold, please feel free to contact me via email, phone or live chat on my website. We can normally beat your quoted rate and still close on time in most cases.

If you are looking to buy a home or sell your current home in AZ, please visit RE/MAX Integrity, Realtors in Arizona.

For real estate services in all 50 states, please visit us at www.azspotlighthomes.com and we will interview top agents in your desired area and match you up with the best fit. This is a free service to you.