Step 2 - Research Financing Options 

Often times this is put well ahead of actually searching for a home. If you have not yet begun to look into the financing of your home then this will be the next step.

If you are planning to use lender financing when submitting an offer we are required to attach a standardized form known in Arizona. as an "LSR" or a "Loan Status Report."  This is essentially what is called "conditional loan approval" in most other states.  To view a copy of an LSR click here.

If you are planning to pay with CASH then we are required to attach a "Proof of Funds."  Typically a letter from a financially institution or an account statement showing that you have enough funds to cover the purchase price of the property is sufficient.

We work closely with lenders who have been in the business for several years. Whether you have purchased a home (or homes) in the past, are a first-time-home buyer, an investor we have knowledgeable people who can help.  We also know of some special programs that allow for parents to co-sign for their college student son/daughter so that they can get an early start on building great credit.

We would suggest that you interview at least a few different people within the mortgage profession so that you can learn about as many different programs and options as possible.  Rates are back down to record lows and that definitely can be used to your advantage in the purchase of you home.

We can provide you the contact information of several different Lenders. Please Contact Us or fill in the Buyer Form by click here and select, "Yes, Need to Be Prequalifed."