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#1 Arizona Mortgage Lender

You don’t just need a local mortgage lender. You need a team that understands your needs and desires. You need a team that puts you first in the entire process. You need to feel confident that you’re getting the best rate and loan for you, or your family. You need transparency and communication that helps you see clearly the road ahead. And you need a fast, efficient, streamlined process to get you there. 

This is our mission. We believe we have the process and team that can, and will deliver. We’ve been doing this for 30 + years! 

See Our Process

We Are Your Go-To Arizona Mortgage Lender!

These days with so many government regulations, getting a home loan can be stressful. That is why we have put together the strongest, most effective Arizona Home Loans process in the market. Our mortgage loan process takes you through step-by-step, with consistent communication, so you know what is going on every step of the way. One of the biggest reasons we are able to provide the service that is unmatched, is that most of our employees have worked here for 15 years or more. We have several that have hit the 20 year mark! We know how to make this a great experience for you.Meet our staff here . 

Whether you’re trying to secure a Scottsdale mortgage, Phoenix mortgage, Mesa mortgage, Gilbert mortgage, or any other city in Arizona, we can help you. We’ve been rated one of top local mortgage lender in Arizona for over 30 years.  

Here is our step-by-step process that makes your mortgage loan simple:

Step 1: Loan Pre-Qualification/Pre-Approval

Arizona Home Loans

Our certified Loan Officers are the best in the business among Arizona mortgage lenders. They will work with you in the beginning stages of your Arizona home loans to help you see what your mortgage payment could be based on your current income, assets and debts. You can use our easy online mortgage payment calculator to find out initially what your payment could be. In this step they will go over a simple loan application and collect any documentation they need to ensure they give you an accurate pre-approval letter. Complete our simple online pre-qualification form today! Key factors that make up a solid pre-qualification letter:

  1. Solid 2 years of income
  2. Stable job history
  3. Low Debt-To-Income Ratios 
  4. Solid assets in the bank/investments
  5. Good Credit Score (Ranging from 680-730+)
  6. No bad credit history…i.e. collections, derogatory accounts, BK, Foreclosure
  7. Easily be able to verify all the above with good supporting documentation

Step 2: Process Your Mortgage Loan File

In this step, your Loan Officer’s highly trained assistant, as well as our highly trained mortgage loan processors, will scrub through your file thoroughly to ensure they get everything needed before your loan goes into Underwriting. There are many behind-the-scenes steps that are taken in this stage of your loan file to ensure all aspects of what is required is covered. 

Here are just some of the steps taken in this stage of your loan.

  1. Order the appraisal
  2. Order title on property
  3. Order insurance on the property
  4. Verify income, assets, and all other documentation (There are many steps involved with this that you may not see)
  5. Scrub through your credit report and verify any trade that needs to be updated or requires more information.
  6. Review all documents that come back in, appraisal, title and insurance. 
  7. Scrub entire application and make sure everything is all in order. 
  8. Based on the loan type, either Conventional, FHA, VA or USDA, many other items need to be reviewed and scrubbed. 

Start Your Home Loan Today – With our Streamlined Online Application! 
 

This is where the rubber hits the pavement! Our Underwriting team is one of the strongest in the business. Most of our staff have been working for Sun American Mortgage for 15 years or more. They are highly trained and are extremely committed to helping all our clients achieve their home ownership goals. The list below doesn’t do justice to all that is involved to properly Underwrite your loan. Just know, there are many hard-working hours behind the successful Approval of yourArizona home loans. 

Here are just some of the steps taken in this stage of your loan.

  1. Reviewing entire loan file in addition to what was done in Processing
  2. Reviewing and double checking income, assets, credit, funds needed to close, etc…
  3. Verifying that the loan program meets Conventional, FHA, VA, USDA guidelines. 
  4. Verifying investor programs for any additional guidelines. 

Step 4: Preparing YourArizona Home LoansFor Signing

Double check, double check and double check again. The amount of documentation in your loan file at this point is about 4-5 inches thick! It’s a lengthy process to ensure all the “i’s” are dotted and “T’s” are crossed.

Step 5: Funding Your Home Loan

For you as a borrower, this is a great day where you can relax and begin to enjoy your new loan/house. For us, the work still continues on your file to ensure everything is all in order per the guidelines/investors.  Many hours are spent with our Closing team to ensure all is done correctly and everything is taken care of. 

We are proud to be among the best Arizona mortgage lenders with some of the lowest mortgage home loan rates and one of the best rated Arizona mortgage lender. 

 

 

 

Here are some quick links around our site: 

Home Loan Purchase
Home Loan Refinance
Home Loan For Reverse Mortgage

Q

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mortgage lender vs bank
mortgage broker vs bank vs credit union
what is the difference between a mortgage company and a bank
what does a mortgage broker do for you

Arizona is set to be one of the top housing markets in the country. There’s never been a better time to purchase or refinance your home. You can use our  mortgage calculator Arizonaand find out exactly what your payment could be. Then you can contact us and start your streamlined application with our newAccelerator online application . We’ll help you see that the current mortgage rates Arizona, we are one of the top mortgage lenders with the best mortgage interest rates. 

If you’re a First Time Home buyer, there are many first-time home buyer grants in Arizona, that will help you get into your first Arizona home loans. 

Here are some of the Arizona down payment assistance programs that we offer:

Arizona Home In 5

Home Plus home loan program

Pathway to Purchase Arizona

These programs offer great assistance with first time home buyers with their down payment on a new home purchase. There are some restrictions, so be sure to contact us so we can go over all the details of each program to see what makes sense for you. 

Contact us today to learn more about these great down payment assistance programs for Arizona residents. 480-832-4343

Ready to find your next Arizona home? 

Check out some of our Preferred Real Estate Agents.

Arnett Properties:http://arnettproperties.com/

Chuck Malone JK Realty:  http://gilbertazhomestoday.com/

  • Over 30 years in business! Stable, reliable, committed!
  • Processing, Underwriting & Funding all in-house!
  • We're an independent Mortgage Banking firm!
  • Most employees have been here for 15 years or more!

For more than 30 years we’ve helped individuals, families and seniors just like you, find their dream home. Whether you’re a first-time home buyer, or you’re looking to make a fresh new change, the team at Sun American Mortgage Company (SAM) is, without a doubt, your best choice. We love working hard for our clients, and we truly do care about YOU! 

Come and see why so many of our clients agree that SAM is,  “THE RIGHT CHOICE!”

As an independent mortgage banker, we have the advantage of helping our clients find the best rates available. With our powerful team at your side, the refinance option is the most reliable, smooth and dependable process you’ll find in the industry. Our pride and your successful transaction depend on it!

“We CARE, therefore we DO!”

Imagine this…you’re 62 years old or older, and you’re saying to yourself, “I sure wish I had a little extra cash every month to work with…” or “I really need to feel a little more secure with my retirement…” or, maybe you are financially stable but never realized how smart a move it would be to convert your mortgage into a “Reverse.” 

We’re here to help you answer all of these questions. This is our area of expertise.

CLICK HERETO GET 4 FREE VIDEOS TO YOUR EMAIL SHOWING YOU EVERYTHING YOU NEED TO KNOW ABOUT THE REVERSE MORTGAGE.   Let’s get started!

  • In the beginning stages of our company we had a desire to change the way people received their mortgage. We not only wanted to change it, we wanted to do it better! And we have!

  • In the early days Sun American Mortgage Company was an early adopter of up to date technology- Faxes and computers helped us keep our customers very happy. Throughout the years our focus on efficiency hasn’t changed at Sun American.

  • We have an in-depth experience with retired individuals through our affiliation with the Farnsworth Companies. We dedicated significant efforts to be one of the first lenders in the country to present the important government insured Reverse Mortgage to our clientele in 1989. Sun American continues to be to be a leader today with Reverse Mortgages.

  • Federal National Mortgage Association (FNMA) approval allows Sun American direct access to the most up-to-date mortgage loan programs, and also access to the most competitive rates.  As an independent mortgage banker, Sun American makes it a priority to provide our customers a wide range of options to fulfill their needs.

  • Our mission statement is, “Start with the customer and work backwards.” We understand all our customers’ needs, and we have the process and team that can fulfill all of them. We’ve been doing this for 30 + years! 

  • With almost 20,000 square feet of beautiful new office space, SAM sets itself up for growth in the new millennium.  Building our network of clients throughout the Southwest will be easier with room to grow.  Also, moving our existing team of expert employees, many whom have work here for more than twenty years, to beautiful surroundings is a wonderful benefit of the new office…our employee team members deserve the best.


Category: American mortgage

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