The Best Mortgage Lenders in Glendale, AZ
Compare verified mortgage lenders serving Glendale, Arizona. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Glendale
Featured Mortgage Lenders
Sun American Mortgage Company
Sun American Mortgage Company
Sun American Mortgage Company is a top-rated local lender with deep roots in Arizona, serving Glendale and the greater Phoenix area since 1998. They are highly regarded for their personalized service, competitive rates, and expertise in various loan programs, including first-time homebuyer assistance. With a strong focus on customer satisfaction, they have built a reputation for transparency and reliability, earning numerous positive reviews for their efficient processing and local market knowledge. Their long-standing presence and community involvement make them a trusted choice for Glendale residents.
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New American Funding
New American Funding
New American Funding is a nationally recognized mortgage lender with a strong local presence in the Glendale area, known for its high customer ratings and innovative loan options. Founded in 2003, they specialize in serving diverse communities with programs like down payment assistance and have a reputation for competitive rates and exceptional customer service. Their team in the Phoenix metro area provides personalized support, and they are praised for their quick closings and responsive communication. With a commitment to inclusivity and technology-driven solutions, they are a top choice for homebuyers in Glendale.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly-rated national lender with a dedicated local office serving Glendale, known for its fast processing times and community-focused approach. Since its founding in 2008, they have built a strong reputation for reliability and customer satisfaction, offering a wide range of loan products tailored to Arizona's market. They are particularly noted for their streamlined online application process and commitment to giving back to local communities. With numerous positive reviews highlighting their professionalism and competitive rates, Movement Mortgage is a trusted option for Glendale homebuyers seeking efficient and friendly service.
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Frequently Asked Questions
Common questions about mortgage lending in Glendale, AZ
What are the current mortgage rates like for homebuyers in Glendale, AZ?
Mortgage rates in Glendale typically align with national averages but can be influenced by local market competition and property types. As of recent trends, rates for 30-year fixed mortgages in the Phoenix metro area, including Glendale, have been competitive. It's advisable to compare rates from local lenders who understand the Maricopa County market dynamics for the best terms.
Are there any first-time homebuyer programs specific to Glendale that can help with down payment assistance?
Yes, Glendale homebuyers can access the "Home in Five Advantage" program through the Arizona Industrial Development Authority, which offers down payment assistance and competitive interest rates for Maricopa County residents. Additionally, the City of Glendale occasionally partners with local nonprofits to provide homebuyer education and grants, so checking with HUD-approved housing counselors in the area is recommended.
How does Glendale's property tax system affect my mortgage payments?
Glendale properties fall under Maricopa County's tax system, with an average effective property tax rate around 0.7-0.8% of assessed value. Your mortgage lender will typically include these taxes in your monthly escrow payment. Since property values in Glendale have appreciated significantly in recent years, new buyers should budget for potential tax increases that could affect their overall mortgage payment.
What special considerations should I know about getting a mortgage for Glendale's historic districts?
Purchasing in Glendale's historic districts like Catlin Court requires additional considerations. Lenders may require specialized inspections and potentially higher insurance premiums due to older construction methods and materials. Some renovation loans like the FHA 203(k) can be particularly useful for these properties, but you'll want to work with lenders experienced with Glendale's historic preservation requirements.
How do HOA fees in Glendale's many planned communities impact mortgage qualification?
Glendale has numerous master-planned communities with HOA fees ranging from $50-$300+ monthly. Lenders must include these fees in your debt-to-income ratio calculations, which can significantly affect your borrowing power. When mortgage shopping in communities like Arrowhead Ranch or Sahuaro Ranch, be sure to provide your lender with exact HOA amounts early in the pre-approval process.
Why Choose a Mortgage Lender in Glendale?
Local Market Knowledge
Lenders who understand Glendale's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Arizona.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Glendale and get competitive rates on your home loan.