BUYING A HOME IN ARIZONA

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

SAMPLE MORTGAGE

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30-YEAR LOAN / PRINCIPAL AND INTEREST ONLY

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HOW MUCH HOME CAN YOU AFFORD?

THIS FORMULA IS ONLY A GUIDE AND NOT TO BE CONSTRUED AS
ACTUAL LENDING CALCULATIONS
Contact your loan consultant to determine more accurately what price range you should consider. Lenders abide by certain ratios when calculating the loan amount their customers can qualify for and the ratios vary by lender and loan program. Many use 28% of your gross monthly income as the maximum allowed for your mortgage payment (principal/interest/taxes/insurance or PITI); for your total monthly debt, the ratio is 36%. Total monthly expenses means PITI plus long-term debt (such as auto loans) and revolving/credit-card debt. Do not include other expenses such as groceries, utilities, clothing, tuition, etc., to calculate this ratio.