Holding a seller-financed note in Arizona? Here is how to refinance it into a conventional loan: what lenders need, how payoff and seasoning rules work, what it costs, and when waiting wins. Pillar Mortgage Group.
Purchase applications fell 7% in one week and sit 18% below last year with the 30 year at 7.41%. What that means for Scottsdale and Phoenix buyers, the payment math, and where the leverage is. Pillar Mortgage Group.
Refinance before renting out your home in Arizona: the occupancy promise on a primary residence loan, investment property pricing, how rent is counted, and four honest options. Pillar Mortgage Group.
Loan contingency in Arizona: how the deadline protects your earnest money, a sample 30 day timeline, what a low appraisal does to your cash, and how to ask for an extension. Pillar Mortgage Group.
Bank statement loans in Scottsdale qualify self employed borrowers on 12 or 24 months of deposits, not tax returns. See the income math. Pillar Mortgage Group
Bank statement loans in Phoenix qualify self employed borrowers on 12 or 24 months of deposits instead of tax returns. See the math. Pillar Mortgage Group
Straight answers on buying, refinancing, and selling a home in Scottsdale, Phoenix, and across Arizona, from Blake Hermann, Director of Lending at Pillar Mortgage Group (NMLS #2271358).