Mountain Country Mortgage compares loan programs from dozens of lenders on your behalf, so you get the program that fits your goals, not just the one a single bank has on the shelf.
Buying your first home, refinancing, or investing in Northern Arizona? There’s a program built for it.
This list covers the programs we use most for Northern Arizona buyers, homeowners, and investors. As an independent broker, we work with dozens of lenders behind the scenes. So if your situation doesn’t fit anything below, a quick conversation with a loan officer will turn up an option that does.
The core purchase programs most buyers start with, backed by conventional guidelines, a government agency, or higher loan limits.
Conventional Mortgages are often considered the go-to standard of mortgage loans. They have competitive interest rates, are very wide-ranging in options, and can fit most circumstances. You could think of them as the O+ blood type of mortgage loans.
A VA mortgage is a mortgage available to service members, veterans, and eligible surviving spouses. It is a benefit provided by the Department of Veterans Affairs (VA) and is guaranteed by the federal government.
Jumbo mortgages are defined by a loan amount that exceeds the maximum amount that Fannie Mae and Freddie Mac will loan, otherwise called the conforming loan limit.
There are many benefits to financing your home purchase with an FHA 203(k) Mortgage. They are most notably centered around what you can DO what the loan and not necessarily the loan itself. Let’s dive in.
An USDA loan is a mortgage backed by the federal government’s U.S. Department of Agriculture. This means that if the borrower can’t pay the mortgage and loses the home, the government will cover the lender’s losses.
Programs built for people who already own a home, or who need a hand getting into one.
A HELOC or home equity loan lets you borrow against the value you have built in your home, either as
A reverse mortgage lets homeowners age 62 and older borrow against their home equity with no monthly mortgage payment required,
For borrowers who don’t fit a standard W-2 file: self-employed, high-net-worth, and non-resident buyers.
A Non-QM loan qualifies you through documentation other than tax returns and pay stubs, built for self-employed borrowers, high-net-worth buyers,
A bank statement loan qualifies you using 12 to 24 months of actual bank deposits instead of tax returns, built
A P&L loan qualifies you using a CPA-prepared profit and loss statement instead of tax returns, built for business owners
An asset utilization loan converts your savings, investments, or retirement accounts into qualifying income, built for retirees and high-net-worth buyers
An ITIN loan lets you buy a home using an Individual Taxpayer Identification Number instead of a Social Security number,
A foreign national loan lets non-US residents purchase property in Arizona using foreign income and credit documentation instead of a
These are business-purpose loans for investors and business owners, not consumer home loans. Qualification runs on the deal, not your personal paycheck.
A hard-money loan is a short-term, asset-based loan that qualifies primarily on property value, not your income or credit, letting
A DSCR loan qualifies you based on a property’s rental income instead of your personal income, letting real estate investors
A commercial loan finances income-producing property like apartment buildings, retail centers, and office space, with approval built around the property’s
Programs tied to a property type or a construction stage, from raw land to a finished renovation.
A renovation loan lets you buy a home and pay for repairs or upgrades with a single loan, borrowing based
A manufactured home loan finances a factory-built home that is permanently placed on land you own, using FHA, VA, conventional,
A land loan lets you purchase a vacant lot or parcel now and plan your build on your own timeline,
A chattel loan finances a manufactured home as personal property instead of real estate, built for homes that sit on
A construction loan finances building a new home from the ground up, releasing funds in stages as your builder completes
Our loan officers compare dozens of lenders on your behalf, with no pressure and no obligation. Just an honest look at what’s possible for you.