Conforming mortgages (sometimes referred to as conventional) are the most popular mortgage types available.

Here are some of the highlights of conforming loan programs:

• 3% minimum down payment (restrictions apply)
• Loan amounts up to $726,200 in Arizona
• No first time homebuyer restrictions
• Up to 9% seller concessions allowed
• Second and investment homes allowed
• No monthly mortgage insurance with enough equity or down payment
• Bankruptcy seasoning of 2-4 years depending on circumstances

If you are looking for conforming mortgage financing, please don't hesitate to call or email me. I'd be happy to discuss your unique scenario and help you find the best solution.