BUYING A HOME IN ARIZONA

Buyers Guide PDF

QUICK REFERENCE

®BENEFITS of Using a REALTOR

HOME COMPARISON

LOAN APPLICATION REQUIREMENTS

THE LOAN PROCESS 

PMI FAQS

WHAT TO AVOID DURING THE LOAN PROCESS

TYPES OF LOANS

SAMPLE MORTGAGE PAYMENT

RENT vs BUY

THE ESCROW PROCESS

ESCROW SERVICES

CLOSING COSTS: WHO PAYS WHAT

CLOSING YOUR ESCROW

WHAT I S TITLE INSURANCE & WHY YOU NEED IT

TITLE POLICY CHART & WAYS TO TAKE TITLE IN AZ

RED FLAGS IN THE ESCROW/TITLE PROCESS

TERMS YOU SHOULD KNOW

DIRECTORY OF SERVICES

PLANNING YOUR MOVE

SAMPLE PURCHASE CONTRACT

SAMPLE BUYER ADVISORY

ARIZONA ZIP CODE MAP

LOAN APPLICATION REQUIREMENTS

 

Be prepared to provide some or all of these items to your loan officer.

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  • Addresses of residences for last two years

  • Social Security Number

  • Drivers License or other valid ID

  • Names and addresses of employers for last two years

  • Two recent pay stubs showing year-to-date earnings

  • Federal tax returns for last two years

  • W-2’s for last two years

  • Last two monthly statements for all checking and savings accounts

  • Loans: Names, addresses, account numbers, and payment amounts on all loans, including real esate loans

  • Credit cards: Names, addresses, account numbers, and payment amounts on all credit cards

  • Addresses and values of other real estate owned

  • Value of personal property. Your best estimate of the value of all of your personal property (autos, boats, furniture, jewelry, televisions, stereos, computers, other electronics, etc.)

  • For a VA loan, Certificate of Eligibility or DD214s

  • Divorce decree if applicable

  • Funds to pay upfront for the credit report and appraisal

  • Letters of Explanation regarding credit inquires or special circumstances