True Mortgage: Scottsdale Mortgage Loans

True Mortgage solutions for people living in Scottsdale can sometimes be difficult to find unless you know where to look. Because so many homes in Scottsdale are considered “higher value” homes, some loan programs are not really applicable due to the higher loan amounts.

True Mortgage Solutions To Scottsdale Loan Needs

Some of the most popular loan programs in Scottsdale that are available are conventional and jumbo loan programs. Jumbo loan programs have been dormant for a number of years due to the credit crisis, but they are making a comeback as the credit crisis thaws.

Conventional loans are at the Maricopa county loan limit of $417,000 and are available at a number of lenders throughout the Scottsdale area.

FHA loans are available also in the Scottsdale area and of course we can close your FHA loan when you are buying your house or refinancing your FHA loan, in ten days when needed.

No matter where you live in Arizona, finding the right loan officer can be the difference between making your home loan transaction smooth or full of problems. Be sure to call our local Scottsdale mortgage (true) experts who can help you get closed as quickly as possible and of course with the lowest rates available.

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Scottsdale Arizona Mortgage Rates November 21 2008

Scottsdale Arizona Mortgage Rates for November 21, 2008

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Quick Mortgage News Update

Freddie Mac & Fannie Mae temporarily halted foreclosure sales and evictions. Fannie Mae, issued Lender Letter 04-08 announcing that they are “halting all foreclosure sales on occupied single-family properties that are scheduled to occur from November 26, 2008 through January 9, 2009. This temporary halt also applies to eviction lockouts of occupied single-family properties.”

Fannie & Freddie are working with FHFA, to implement their streamlined loan modification program by December 15, 2008.

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