Home Loans In Tempe, Arizona

The city of Tempe is home to Arizona’s festivals and fairs. With so many attractions and things to do in Tempe, it’s no wonder many people are looking to purchase a home in the city.

With relatively affordable housing compared to other cities in Arizona, Tempe’s current real estate market is heating up. If you’re considering getting in on the action, we’d love to help you make it happen. At Capital Home Mortgage, we provide expert home loan assistance and funding. 

Is this your first time buying a home in Tempe? Here are some of our best tips to make the process simpler. 

5 Tips for First-Time Homebuyers in Yuma, AZ

     1. Get pre-approved for a mortgage

This process involves talking to a lender and submitting relevant financial documents to support your credibility. 

Getting pre-approved before house hunting gives you a clear idea of how much you can afford to spend on a home, which in turn helps you narrow your focus on properties within your price range. 

     2. Know your must-haves vs. your wants

When looking at homes, it’s easy to get caught up in all the fanciful features. However, knowing the difference between your must-haves and your wants is essential.

Your must-haves are the things that you need in a home. For example, if you have a family, you may need a certain number of bedrooms and bathrooms. On the other hand, your wants are things that would be nice to have but aren’t necessarily deal-breakers, like a specific type of kitchen design or yard layout. 

     3. Research different neighborhoods

Your neighborhood will impact your living experience almost as much as the design and functionality of your home. And given that you’re likely to spend the next ten or more years of your life paying for the property, you’ll want to ensure it is in the right neighborhood. 

Tempe is a large city with many different neighborhoods, each with its own personality.

Finding a community where you feel comfortable and meet your needs is crucial. For example, if you have kids, you may want to look for a neighborhood with good schools. 

     4. Choose the right deal for you

Mortgages are not one size fits all. Many types of mortgage deals are available, so it’s essential to understand your options and choose the right one.

The mortgage you choose will depend on factors like your down payment, credit score, employment history, and more. Our loan officers will take the time to explain these details and work with you to select the perfect home loan program for your situation. 

     5. Know your closing costs

When you’re buying a home, you need to be aware of a lot of additional costs. These include home inspections, appraisal fees, insurance, and more.

These closing costs can be high, so it’s important to factor them into your budget. 

Tempe, AZ Mortgage Lender

Planning your home financing in Tempe doesn’t have to be stressful. At Capital Home Mortgage, we are a one-stop resource for all your mortgage loan needs, from pre-approval to purchasing a home.

Our lineup of mortgage products includes:

• FHA Home Loans
• VA Home Loans
• USDA Home Loan
• Conventional Home Loans
• Jumbo Home Loans
• Non-Qualified Mortgage Loans
• Manufactured Home Loans
• Native American Home Loans
• Renovation Home Loans
• Reverse Mortgages

Because we’re a direct mortgage lender, we can offer competitive interest rates and low fees.

Ready to Apply for a Tempe, AZ Home Loan?

Capital Home Mortgage offers a streamlined home loan process whether you’re a first-time homebuyer or seasoned real estate investor, our experienced mortgage specialists are available to answer questions. Contact us today at (480) 360-6650 to get started.

We look forward to providing your next home loan in Tempe.