Overview What’s the difference between a pre-approval and a pre-qualification? Should you care? Yes! Confused about what getting pre-qualified or pre-approved means? You’re not the only one. There’s a big difference between a mortgage pre-qualification, a pre-approval and an actual mortgage approval. Getting Pre-Qualified for a Mortgage Getting pre-qualified for a mortgage helps give you... [more]
Overview Buying a home? Mortgage closing costs are what you pay to close your loan application. Where do they go? Some costs and fees go to third parties, some are state and local government fees that must be covered and some go to your lender. Mortgage closing costs are fees charged for services that must... [more]
FHA Loans for Home Buying Overview FHA loans are great for first-time home buyers. Only a 3.5% down payment required. FHA is a perfect choice for those with lower credit or incomes. The FHA Loan Program is the quick way to go FHA. We at The Canto Team makes the FHA loan process painless. It’s... [more]
Homepath Loan Summary. It provides the basic information about obtaining a HomePath loan. [more]
Academy Mortgage: Ten Day Close Guarantee in Arizona and California Ask About Academy Mortgage’s Ten Day Close Guarantee! Tired of waiting on the bank to approve your loan so you can move into your house? Customer service is becoming a thing of the past and more and more banks and brokers are taking as long as 45 days to complete your loan... [more]
USDA Home Loans in Arizona It is official, Academy Mortgage is at 100% capacity to issue loan approvals on USDA loans. As of September 8, 2010, USDA’s GUS System is fully functional and we are accepting applications to get qualified for a USDA home loan. USDA Loan Requirements: 620 FICO Score 120% Median Income 3.50%... [more]
Arizona Real Estate: Beware of Lawsuits by Second Mortgage Lenders As if the debt crisis hasn’t hurt Arizonans enough. For those Arizona residents who have lost their homes due to foreclosure; be on alert for sneaky creditors and lenders who attempt to collect on a debt that is secured by the foreclosed property. Unfortunately Arizona’s…
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FHA: Buying After a Short Sale In Arizona – Academy Mortgage Allow me to introduce Academy Mortgage’s “Buying After a Short Sale Program” In Arizona. This may sound too good to be true but nonetheless, its true. We are now accepting and approving families who have a short sale in Arizona. To be very clear,... [more]
USDA Loans: Watch Your Income Limits Per County In Arizona As the year kicks off to its start, it is a good time to ask your Arizona mortgage lender questions as to any changes in regulatory and guideline requirements. As we have all experienced in the last couple of years, home loans have had changes... [more]
