The journey to homeownership isn’t always a straight path, which is why Scottsdale and surrounding area residents need an Arizona mortgage broker who can help them navigate the process with ease.
If you’re a first-time homebuyer, you may be struggling to stretch your budget enough to get into your dream home. Existing homeowners might likewise be considering their home refinancing options to make better use of their family’s budget.
Whatever your needs, we’re here to help. The Mortgage Maestro Group has helped countless people like you to achieve their dreams and stay within their budgets. Our Scottsdale mortgage company can help you make better decisions and make sense of the complex process of buying and maintaining a home.
The Mortgage Maestro Group has literally decades of real estate experience. This knowledge base forms a solid foundation for building a professional relationship and obtaining a mortgage.
A mortgage broker serves as an intermediary between you and a mortgage lender. Your mortgage broker can serve as your advocate and your guide as you navigate this process, helping you to make informed decisions that fit your budget so that you can make your dreams a reality.
For many residents, the process of buying or refinancing a home can be a bit intimidating. What documents will you need? How can I find the right mortgage lender? These questions and more can be addressed by finding the right mortgage broker, who can make the process as stress-free as possible.
This is where a mortgage broker can be particularly helpful. At Mortgage Maestro Group, we can tap into our network of mortgage lenders to help you expand your lending options and find the best rates in the market today.
Instead of settling for the first rate you are offered, our team of real estate professionals can help you find an option that maximizes your budget, all while eliminating the stress of the search process.
Once the lending process is complete, you’ll have the privilege and pride that comes from owning your dream home. But you’ll also rest comfortably knowing that you have a manageable mortgage payment and an interest rate that fits your budget.
Best of all, by working with a local, Arizona mortgage company, you know that you received the best advice from a team of trusted, local experts.
One of the more challenging aspects of obtaining a home loan is deciding which option is best for you.
Your financial history will play a major part in what type of loan you can receive, and a local mortgage company can help you understand the requirements of each loan program. Here are some of the most common home loan options available today:
First-time homebuyers may struggle to meet the financial requirements of a conventional loan. With this in mind, FHA loans are a popular choice among those who have lower credit or income.
Backed by the Federal Housing Administration, FHA loans help you secure a loan with a credit score as low as 500. You may need to put at least 10% down, though if your credit score is 580 or above, you can put as little as 3.5% down. There is even flexibility in down payment sources, including gift funds from your family.
Are you an active or retired member of the U.S. military? If so, you might consider taking advantage of a loan backed by the U.S. Veterans Association, which helps military members and surviving spouses obtain a home loan with no down payment and some of the lowest interest rates out there. Mortgage Maestro Group is proud to be Veteran owned.
First-time home buyers can take advantage of down payment assistance and community redevelopment programs that can make it easier to purchase a home. These programs are typically designed for first-time buyers, offering support for low to moderate-income individuals and families.
Thinking about buying a fixer-upper? Some loans can be used to repair or remodel existing homes in the community. Conventional and FHA 203(k) loans can be applied to eligible homes. These loans are designed to help families purchase a home while also modernizing America’s neighborhoods.
The classic 203(k) loan can even be used for nonstructural improvements, such as newer appliances, gutters, or a fresh coat of paint. You can obtain mortgage options to cover these costs at the time you close on your house, allowing you to turn an older home into the house of your dreams.
Homebuyers who are eyeing more expensive properties might consider a jumbo loan. Jumbo loans refer to loans where the mortgage amount exceeds the loan limits established by the Office of Federal Housing Enterprise Oversight (OFHEO).
These loans can be used to buy property in high-cost, upscale communities, making them ideal for families who have the funds to support this lifestyle upgrade.
Licensed in Colorado as Maestro LLC (DBA Mortgage Maestro Group) is an Equal Housing Lender.
387 N Corona St #646, Denver, CO 80218.
NMLS Unique Identifier #1838215
Consumers wishing to file a complaint against a company or a residential Mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the Department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.
Home Mortgage Disclosure Act Notice. The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau’s website.
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