Lending Arizona Mortgage News

Buy Now-

August 6th, 2020 3:33 PM by William Andrews NMLS # 182790

Current statistics show it is often cheaper to buy than to rent.  After the real estate downturn of 2010 a lot of distressed residences were purchased by large entities with the intent to fix up and rent.  Now that inventories for sale are low in most areas, rents are increasing in a lot.  Lower mortgage rates are making homes more affordable though the prices have gone up.  With more and more families working from in Southern Arizona, a larger living space is looking attractive.  As inventory is low it is best to get pre-approved so sellers will accept your offer.  Purchases can be made with as little as 3% down, though a larger down payment will give you a better rate on conventional.

Let us know if you have questions or need assistance.

Posted by William Andrews NMLS # 182790 on August 6th, 2020 3:33 PM

Lending Arizona, llc

NMLS #174095; MB-0909242

3531 N Pantano Rd
Tucson, AZ 85750-2805