The Best Mortgage Lenders in Goodyear, AZ
Compare verified mortgage lenders serving Goodyear, Arizona. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Goodyear
Featured Mortgage Lenders
Desert Financial Credit Union
Desert Financial Credit Union
As Arizona's largest credit union, Desert Financial has been serving the Phoenix metropolitan area including Goodyear for over 80 years. They are exceptionally highly rated for their competitive mortgage rates, personalized service, and deep community commitment. Their mortgage specialists provide comprehensive guidance through the entire homebuying process, with special programs for first-time buyers and excellent VA loan expertise. Members consistently praise their transparent process, local decision-making, and exceptional customer service that exceeds national bank standards.
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Guild Mortgage Company
Guild Mortgage Company - Phoenix/Goodyear
Guild Mortgage maintains a physical branch office in Goodyear and has built an outstanding reputation for their local expertise and exceptional service. With over 60 years in business, they offer a comprehensive range of mortgage products and are particularly noted for their renovation loans and government-backed programs. Their local loan officers provide personalized attention and guidance, with many customers highlighting their responsiveness, transparency, and ability to close loans efficiently. They consistently receive top ratings for making complex mortgage processes straightforward and stress-free.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation - Phoenix Metro
Fairway Independent Mortgage has established a strong presence throughout the Phoenix metropolitan area, including serving Goodyear homebuyers. They are nationally recognized for their competitive rates and exceptional customer service, with local loan officers who understand the Arizona housing market. Specializing in both purchase and refinance loans, they offer innovative technology and streamlined processes that customers consistently praise. Their team includes experts in various loan types, particularly noted for their VA loan expertise and first-time homebuyer programs that make homeownership accessible.
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Frequently Asked Questions
Common questions about mortgage lending in Goodyear, AZ
What are the current mortgage rates like in Goodyear, AZ compared to the national average?
Mortgage rates in Goodyear typically align with national averages but can be slightly lower due to Arizona's competitive lending market and steady housing demand. As of 2024, rates in Goodyear often range between 6.5-7% for 30-year fixed loans, though this varies by lender and borrower qualifications. Local credit unions like Desert Financial often offer competitive rates specifically for Maricopa County residents.
Are there any first-time homebuyer programs specific to Goodyear that I should know about?
Yes, the Goodyear area offers several first-time homebuyer programs including the Arizona Department of Housing's Home Plus program, which provides down payment assistance up to 5% of the loan amount. Additionally, Maricopa County offers the HOME Initiative program, which can provide up to $15,000 in down payment assistance for qualifying buyers in Goodyear. These programs are particularly valuable given Goodyear's growing affordable housing options.
How does Goodyear's rapid growth affect mortgage lending and home values?
Goodyear's status as one of Arizona's fastest-growing cities has created strong appreciation trends, with home values increasing approximately 5-7% annually in recent years. This growth means lenders often view Goodyear properties as good investments, potentially leading to more favorable loan terms. However, it also means buyers should be prepared for competitive bidding situations and potentially higher down payment requirements.
What special mortgage considerations should I know about for Goodyear's newer construction homes?
With numerous new developments like Estrella Mountain Ranch and Palm Valley, Goodyear buyers should understand builder-affiliated lenders often offer incentives like closing cost credits or rate buydowns. However, it's wise to also get quotes from independent lenders as builder incentives may come with higher base rates. Also consider that newer homes may have different appraisal considerations in Goodyear's expanding neighborhoods.
Are there any local property tax programs or exemptions that affect mortgage payments in Goodyear?
Goodyear homeowners benefit from Arizona's relatively low property tax rates, typically around 0.7% of assessed value. The state offers several exemptions including the Primary Property Tax Valuation Limit, which caps annual increases in assessed value. When calculating your mortgage payment, expect property taxes to add approximately $150-$300 monthly to your payment for a median-priced Goodyear home.
Nearby Cities
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Why Choose a Mortgage Lender in Goodyear?
Local Market Knowledge
Lenders who understand Goodyear'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 Goodyear and get competitive rates on your home loan.