Mortgage Loan Programs in Arizona

Traditional home purchase and refinance loans

Home Purchase & Refinance Loans: Whether you're buying your first home, investing in property, or refinancing, there are loan options designed to fit your needs. From conventional loans with flexible terms to government-backed programs like VA, FHA, and USDA loans that offer unique benefits, we help match you with the right financing solution for your goals.

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How the major purchase programs compare

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Program characteristics at a glance. Every loan is priced individually; this table shows structure, not offers. Updated June 2026.
	Conventional	FHA	VA	USDA	Jumbo
Minimum down	From 3% on some first-time buyer programs; 5% is typical	3.5% with a 580+ score	0% with full entitlement	0% in USDA-eligible areas	Varies by lender; roughly 10-20%
Credit flexibility	Pricing improves in score tiers; strongest above the low 700s	The most forgiving major program on scores and past events	No VA-set minimum score; lender minimums apply	Moderate; lender minimums apply	Generally the strictest; varies by lender
Mortgage insurance	PMI, cancellable once you reach enough equity	Upfront premium plus monthly MIP; stays for the life of the loan at minimum down	None; one-time funding fee instead (waived with eligible VA disability)	Upfront guarantee fee plus a modest annual fee	Typically none at standard down payments
Loan size	Up to the conforming limit	Up to county FHA limits	No limit with full entitlement	Program limits by area and income	Above the conforming limit
Best fit	Solid credit and savings; the default benchmark	Thinner savings or rebuilding credit; pairs with Arizona DPA	Eligible veterans and service members; often unbeatable when available	Lower-density areas outside the metro core	Higher-priced homes, common in Scottsdale
Details	Conventional loans	FHA loans	VA loans	USDA loans	Jumbo loans

Compare your home equity options.

Start with the type of loan, then talk through the numbers with Dan.

HELOC

Explore a line of credit secured by your home.

Explore HELOCs

Fixed second mortgage

Explore a separate loan alongside your existing mortgage.

Explore second mortgages

Cash-out refinance

Explore replacing your current mortgage and taking cash out.

Explore cash-out refinancing

Bridge loans

A bridge loan is a short-term financing solution that helps you transition between properties. It provides fast access to funds for purchasing a new home while you wait to sell your current one. Once your existing property sells, you use the proceeds to repay the loan, making it a seamless way to move forward without financial delays.

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Fix and flip loans

A fix and flip loan is short-term financing designed for investors looking to purchase, renovate, and resell properties for a profit. It provides the funds needed to buy and improve a property, increasing its value before selling. Once the renovated home is sold, the proceeds are used to repay the loan, making it a strategic option for real estate investors aiming to maximize returns.

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Learn more about Fix and Flip loans

DSCR loans for rental investors

A DSCR loan qualifies a rental property on the rent it produces compared with its proposed payment, instead of on your personal tax returns. Investors use it to buy or refinance long-term and short-term rentals, often with the property held in an LLC. Programs vary by lender, and Dan will confirm current terms.

Learn more about DSCR loans in Arizona

Bank statement loans

A bank statement loan documents income from 12 or 24 months of deposits instead of tax returns. It is built for self-employed owners, contractors and commission earners whose returns understate what the business actually brings in. Programs vary by lender.

Learn more about bank statement loans in Arizona

New construction and land loans

A construction loan is specialized financing designed for building a home from the ground up. Instead of receiving the full amount upfront, funds are released in stages as construction milestones, like the foundation, framing, and roofing, are completed. Once the home is finished, the loan is typically converted into a long-term mortgage. This step-by-step funding approach helps manage costs throughout the building process.

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Hard money loans

A hard money loan is short-term financing typically used for real estate investments, fix-and-flip projects, or other quick-turnaround deals. Unlike traditional bank loans, hard money loans are funded by private lenders and are primarily based on the property's value rather than the borrower's credit history. These loans provide fast access to capital, making them a popular choice for investors who need quick funding or may not qualify for conventional financing.

Investment property loans

Loans for investment properties are acquired to fund the buying of properties intended for investment purposes, whether commercial or residential real estate. These loans are tailored to assist individuals, investors, or businesses in acquiring properties that can be rented out to generate income.

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Arizona home loan programs. Find your fit.