First Time Home Buyer Loans in PhoenixSkip the mortgage headache
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Licensed Mortgage Loan Originator•NMLS #1455718
When You Need First Time Home Buyer Loans
First-time buyer loans are for anyone who hasn't owned a home in the last three years. With the U.S. homeownership rate hovering around two-thirds of households, these programs exist to help more people get their foot in the door. The IRS definition is generous, even if you owned before, you can often qualify as a first-time buyer again. These programs include FHA loans with 3.5 percent down, conventional 3 percent loans, VA loans with no down payment, USDA loans for rural areas, and various down payment assistance programs from the state and local governments.
Our First Time Home Buyer Loans Process
Here's how we close your first-time buyer loan. Call or text me and we'll talk through your income, savings, credit, and goals. I'll pull a soft credit check and quote you every first-time buyer program you qualify for. Same-day pre-approval in most cases. Most first-time buyer loans close in 25 to 35 days. I'll explain every step and keep you informed throughout.
First Time Home Buyer Loans Cost in Phoenix
First-time buyer programs vary in cost. Some have low rates but require mortgage insurance. Others have slightly higher rates but help with closing costs. I shop dozens of lenders to find the lowest combined cost for your specific scenario. Every fee in writing before closing.
Why Choose Us
First-time buyers are some of my favorite clients. I take extra time to walk you through every step. Ten years in the business and 60-plus five-star reviews, many from first-time buyers. Same-day response on every call and text. You're in good hands.
I have worked with Mark Fazio for years I would highly recommend him to be your loan officer whether you are purchasing or refinancing your home. He is very quick to respond and make sure his clients are taken care of. He will make sure you feel like you picked the right person to work with for your loan. Thanks Mark for being so awesome to work with!
Mark Fazio made getting a hard money loan for my investment property in Phoenix incredibly easy. He explained all of my options, kept me updated throughout the process, and got us to the closing table quickly. I highly recommend Mark and his team to any real estate investor looking for financing.
Mark was fantastic to work with throughout our home purchase in Oklahoma. He was responsive, knowledgeable, and helped us overcome every obstacle that came up during the process. He made everything smooth from start to finish, and we truly appreciated his communication and professionalism. Highly recommend.
Ready to Get Started?
Ready to buy your first home? Call or text Mark at (480) 690-9790 for a free pre-approval today.
For more first-time buyer programs, see all of our Mortgage Broker options in Phoenix.
Reviewed by
Mark Fazio, Licensed Mortgage Loan Officer
NMLS #1455718 · Barrett Financial Group (NMLS #181106) · Phoenix, AZ
Mark Fazio is a licensed Phoenix mortgage broker with 10+ years of experience and over 1,000 home loans closed. He shops dozens of lenders to find the lowest rate on purchase, refinance, and specialty loans, and personally guides every client from the first call through closing.