Arizona Loan Programs

Start with your goal and your situation, how much you can put down, your credit, whether you're buying or refinancing, and how long you plan to keep the home. As an independent mortgage broker, Howard Funding compares dozens of lenders and programs against your real numbers and recommends the fit with the best combination of rate, fees, and monthly payment. There's no single best program; there's the best one for you.

A fixed-rate loan keeps the same rate and principal-and-interest payment for the life of the loan, so your payment never changes. An ARM starts with a lower fixed rate for a set period, then can adjust up or down. Fixed loans suit buyers who want certainty or plan to stay put; an ARM can make sense if you expect to move or refinance before it adjusts. We'll show you both side by side.

Broker compensation is disclosed to you up front and is typically paid by the lender, built into your rate, or itemized in your closing costs, with full transparency required by law. You'll see every dollar before you commit. Because a broker shops many wholesale lenders, the goal is a lower overall cost than a single retail lender can offer.

Less than most people expect. VA and USDA loans offer $0 down for eligible buyers, conventional loans can start at 3% down, and FHA loans start at 3.5%. Down-payment assistance and gift funds can lower your out-of-pocket even further. The 20% figure is a myth for most borrowers. See our zero-down options.

There's no single cutoff. Different programs and lenders accept different credit profiles, and because we shop 40+ lenders we can often find a path for lower or rebuilding credit. Government-backed loans like FHA and VA tend to be the most flexible. The best way to know is a quick, no-obligation review.