Loan programs
Ten ways to finance a home in Arizona, explained in plain English. Find the ones that fit, then let Pete compare real numbers across more than 150 lenders.
Popular starting points
- 1Conventional loansThe most common loan, for primary homes, second homes and rentals.
- 2FHA loansFlexible credit and a low down payment, backed by the federal government.
- 3VA loansBenefits earned through service, with no monthly mortgage insurance.
A starting point, not a pre-approval. Pete will compare real options for your situation.
- FHA loansFlexible credit and a low down payment, backed by the federal government.
- VA loansBenefits earned through service, with no monthly mortgage insurance.
- Conventional loansThe most common loan, for primary homes, second homes and rentals.
- Jumbo loansFinancing above $832,750 for Scottsdale, Paradise Valley and beyond.
- Self-employed & bank statement loansQualify using bank deposits instead of tax returns.
- First-time home buyersA clear plan, the right loan, and Arizona down payment help.
- Refinance & cash-outLower a payment, drop mortgage insurance, or tap your equity.
- DSCR & investor loansQualify on the property’s rent, not your personal income.
- New constructionBuilder incentives, long rate locks and custom builds.
- Second homes & snowbirdsFinancing a winter place or vacation home in Arizona.
The main loan types at a glance
| Loan | Best for | Mortgage insurance | Property use |
|---|---|---|---|
| FHA | Lower credit scores, smaller savings | Upfront and annual premium | Primary home |
| VA | Veterans and service members | None (one-time funding fee instead) | Primary home |
| Conventional | Good credit, flexible uses | Only with a smaller down payment; removable | Primary, second home, rental |
| Jumbo | Loans above $832,750 | Usually none | Primary, second home, rental |
| Bank statement | Self-employed borrowers | Usually none | Primary, second home, rental |
| DSCR | Real estate investors | None | Rental only |
General comparison only. Guidelines vary by lender and change over time.
Ready to talk it through?
No pressure and no call center. Just a straightforward conversation with Pete about your options.