98% Satisfaction Rate!
  • Mercy R

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    08 Jun 2018

    Thank you Derek and Alan; you two have been amazing...

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  • Brandon D

    rate
    31 May 2018

    Sun American Mortgage and Mary Vrana was excellent! They jumped...

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  • Jack U

    rate
    31 May 2018

    I would highly recommend Sun American Mortgage. We had a...

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  • Ignacio F

    rate
    25 May 2018

    Five Stars. Full stop. This is the second time we...

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  • Ignacio F

    rate
    25 May 2018

    Five Stars. Full stop.  Second time we use your services....

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  • Nicole C

    rate
    23 May 2018

    Amazing, Amazing, Amazing!!! By FAR the best loan experience that...

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  • Julie T

    rate
    21 May 2018

    Very professional!! Wonderful experience working with them! Made the loan...

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  • Jack U

    rate
    19 May 2018

    I would highly recommend Sun American Mortgage. Had a great...

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  • Chester W

    rate
    15 May 2018

    I personally think buying is always better than renting. Your...

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Meet TheACCELERATOR

Fast, Streamlined & Secure!

Our NEW SMART technology application.

  • 100% Secure! All your information is tightly secured.
  • It's SMART! It will help you know exactly what you need to complete.
  • Easy Upload! Upload documents ON ANY DEVICE.
  • Stay In The Know! Receive updates during the process.
Accelerate Your Home Loan Application Today!

You don’t just need a local mortgage lender. You need a team that understands your needs and desires. You need a team that puts you first in the entire process. You need to feel confident that you’re getting the best rate and loan for you, or your family. You need transparency and communication that helps you see clearly the road ahead. And you need a fast, efficient, streamlined process to get you there. 

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OUR MOTTO/MISSION:
WE CHANGE LIVES, ONE HOME AT A TIME!

 

We Are Your Go-To Arizona Mortgage Lender!

These days with so many government regulations, getting a home loan can be stressful. That is why we have put together the strongest, most effective Arizona Home Loans process in the market. Our mortgage loan process takes you through step-by-step, with consistent communication, so you know what is going on every step of the way. One of the biggest reasons we are able to provide the service that is unmatched, is that most of our employees have worked here for 15 years or more. We have several that have hit the 20 year mark! We know how to make this a great experience for you. Meet our staff here. 

Whether you’re trying to secure a Scottsdale mortgage, Phoenix mortgage, Mesa mortgage, Gilbert mortgage, or any other city in Arizona, we can help you. We’ve been rated one of top local mortgage lender in Arizona for over 30 years.  

Here is our step-by-step process that makes your mortgage loan simple:

Step 1: Loan Pre-Qualification/Pre-Approval

Our certified Loan Officers are the best in the business among Arizona mortgage lenders. They will work with you in the beginning stages of your Arizona home loans to help you see what your mortgage payment could be based on your current income, assets and debts. You can use our easy online mortgage payment calculator to find out initially what your payment could be. In this step they will go over a simple loan application and collect any documentation they need to ensure they give you an accurate pre-approval letter. Complete our simple online pre-qualification form today! Key factors that make up a solid pre-qualification letter:

  1. Solid 2 years of income
  2. Stable job history
  3. Low Debt-To-Income Ratios 
  4. Solid assets in the bank/investments
  5. Good Credit Score (Ranging from 680-730+)
  6. No bad credit history…i.e. collections, derogatory accounts, BK, Foreclosure
  7. Easily be able to verify all the above with good supporting documentation

Step 2: Process Your Mortgage Loan File

In this step, your Loan Officer’s highly trained assistant, as well as our highly trained mortgage loan processors, will scrub through your file thoroughly to ensure they get everything needed before your loan goes into Underwriting. There are many behind-the-scenes steps that are taken in this stage of your loan file to ensure all aspects of what is required is covered. 

Here are just some of the steps taken in this stage of your loan.

  1. Order the appraisal
  2. Order title on property
  3. Order insurance on the property
  4. Verify income, assets, and all other documentation (There are many steps involved with this that you may not see)
  5. Scrub through your credit report and verify any trade that needs to be updated or requires more information.
  6. Review all documents that come back in, appraisal, title and insurance. 
  7. Scrub entire application and make sure everything is all in order. 
  8. Based on the loan type, either Conventional, FHA, VA or USDA, many other items need to be reviewed and scrubbed. 

Arizona mortgage online application

Start Your Home Loan Today – With our Streamlined Online Application! 
 

Step 3: Underwriting of Your Arizona Mortgage Loan File

This is where the rubber hits the pavement! Our Underwriting team is one of the strongest in the business. Most of our staff have been working for Sun American Mortgage for 15 years or more. They are highly trained and are extremely committed to helping all our clients achieve their home ownership goals. The list below doesn’t do justice to all that is involved to properly Underwrite your loan. Just know, there are many hard-working hours behind the successful Approval of your Arizona home loans. 

Here are just some of the steps taken in this stage of your loan.

  1. Reviewing entire loan file in addition to what was done in Processing
  2. Reviewing and double checking income, assets, credit, funds needed to close, etc…
  3. Verifying that the loan program meets Conventional, FHA, VA, USDA guidelines. 
  4. Verifying investor programs for any additional guidelines. 

Step 4: Preparing Your Arizona Home Loans For Signing

Double check, double check and double check again. The amount of documentation in your loan file at this point is about 4-5 inches thick! It’s a lengthy process to ensure all the “i’s” are dotted and “T’s” are crossed.

Step 5: Funding Your Home Loan

For you as a borrower, this is a great day where you can relax and begin to enjoy your new loan/house. For us, the work still continues on your file to ensure everything is all in order per the guidelines/investors.  Many hours are spent with our Closing team to ensure all is done correctly and everything is taken care of. 

We are proud to be among the best Arizona mortgage lenders with some of the lowest mortgage home loan rates and one of the best rated Arizona mortgage lender. 

 

 


 

Here are some quick links around our site: 

Home Loan Purchase
Home Loan Refinance
Home Loan For Reverse Mortgage

Q & A

mortgage broker vs direct lender
mortgage lender vs bank
mortgage broker vs bank vs credit union
what is the difference between a mortgage company and a bank
what does a mortgage broker do for you

 


Arizona is set to be one of the top housing markets in the country. There’s never been a better time to purchase or refinance your home. You can use our mortgage calculator Arizona and find out exactly what your payment could be. Then you can contact us and start your streamlined application with our new Accelerator online application. We’ll help you see that the current mortgage rates Arizona, we are one of the top mortgage lenders with the best mortgage interest rates. 

If you’re a First Time Home buyer, there are many first-time home buyer grants in Arizona, that will help you get into your first Arizona home loans. 

Here are some of the Arizona down payment assistance programs that we offer:

Arizona Home In 5

Home Plus home loan program

Pathway to Purchase Arizona

These programs offer great assistance with first time home buyers with their down payment on a new home purchase. There are some restrictions, so be sure to contact us so we can go over all the details of each program to see what makes sense for you. 

Contact us today to learn more about these great down payment assistance programs for Arizona residents. 480-832-4343

 

 

Ready to find your next Arizona home? 

Check out some of our Preferred Real Estate Agents.

Arnett Properties: http://arnettproperties.com/

Chuck Malone JK Realty: http://gilbertazhomestoday.com/

So "WHY" choose Sun American Mortgage?

  • Over 30 years in business! Stable, reliable, committed!
  • Processing, Underwriting & Funding all in-house!
  • We're an independent Mortgage Banking firm!
  • Most employees have been here for 15 years or more!

Fill Out the Form Below

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Learn More About Your Options

Looking To Purchase?

For more than 30 years we’ve helped individuals, families and seniors just like you, find their dream home. Whether you’re a first-time home buyer, or you’re looking to make a fresh new change, the team at Sun American Mortgage Company (SAM) is, without a doubt, your best choice. We love working hard for our clients, and we truly do care about YOU! 

Come and see why so many of our clients agree that SAM is, “THE RIGHT CHOICE!”

See How We Do It!
To Learn More Click Here

Need To Refinance?

As an independent mortgage banker, we have the advantage of helping our clients find the best rates available. With our powerful team at your side, the refinance option is the most reliable, smooth and dependable process you’ll find in the industry. Our pride and your successful transaction depend on it!

“We CARE, therefore we DO!”

See How We Do It!
To Learn More Click Here

Reverse Mortgage - The Smart Choice!

Sun American Mortgage Company wrote the first Reverse Mortgage in Arizona over 25 years ago!

Imagine this…you’re 62 years old or older, and you’re saying to yourself, “I sure wish I had a little extra cash every month to work with…” or “I really need to feel a little more secure with my retirement…” or, maybe you are financially stable but never realized how smart a move it would be to convert your mortgage into a “Reverse.” 

We’re here to help you answer all of these questions. This is our area of expertise.

CLICK HERE TO GET 4 FREE VIDEOS TO YOUR EMAIL SHOWING YOU EVERYTHING YOU NEED TO KNOW ABOUT THE REVERSE MORTGAGE.  Let’s get started!

See How We Do It!
To Learn More Click Here
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