Phoenix Mortgage Rates:

We offer low Phoenix mortgage rates everyday on all of our loan products.  We are a Phoenix wholesale mortgage broker.  That means we pass on our low cost savings to you our customers.  We offer Jumbo loans, FHA loans, VA loans, Conforming loans, USDA loans, Harp loans, Fannie Mae Home Path, Stated loans, Reverse mortgages, Investor loans and Non Qualified mortgage loans.

At Arizona Wholesale Mortgage Inc. we don’t have any processing fees or any junk fees.  Our compensation is paid to us by the lender not our clients.  Some of our loan programs don’t charge any underwriting fee which makes it more attractive for you the client.

How Long Does It Take To Close A Loan?

How long does it take to close on a Phoenix mortgage loan?  Typically, it takes 30 days to close on a purchase or refinance.  Sometimes we can close sooner if we have all of your loan documentation upfront.  Other times, it may take us a few more days if we are in the middle of a refinance boom.  Obviously, the lender with the best interest rate is going to have slower turn times.  Therefore, when you call please ask us for our current turn times.

Do your Phoenix mortgage rates change daily?  The bond market determines the mortgage rate which change constantly through out the day.  That’s why you are often quoted different rates when you call a company first thing in the morning versus later in the day.  Sometimes rates go up and sometimes rates go down and sometimes they don’t change at all for the entire day or even week.

How does one go about getting prequalified for a new home mortgage?  Give our office a call and a licensed loan officer will be more than happy to assist.  To qualify you, we have to verify your income, assets, and down payment.  If you currently have some credit issues, you definitely will want to clean up your credit prior to even letting us pull your credit report.  If you have credit card balances that exceed 50% of your limit, then pay down your credit card balance so you can raise your fico scores.  Even better, pay off your entire credit card balance if you have the money.  Also, make sure you pay your credit card bills on time.

For more information on our loan programs, call 602-358-8717.


Article 1:  Phoenix Mortgage Rates