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

We Are Your Go-To Home Loan 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 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. Whether you’re trying to secure a Arizona mortgage, Utah mortgage, California mortgage, we can help you. We’ve been rated one of top local mortgage lender for over 35 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 mortgage lenders. They will work with you in the beginning stages of your home loan 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.

Start Your Home Loan Today – With our Streamlined Online Application! Step 3: Underwriting of Your Home 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 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 home loan mortgage lenders with some of the lowest mortgage rates and one of the best rated mortgage lender.

---

Here are some quick links around our site: Home Loan Purchase Home Loan Refinance Home Loan For Reverse Mortgage 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. We’ll help you see that 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 and Utah that will help you get into your first home loan.

Here are some of the home loan 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?