PHX Home LoanParent company

Plain-English takes on the market.

Check out our recent blog posts on Home Loans, Mortgage, Finance and home-buying strategy from Jimmy and the team — no jargon, no hype, just what actually matters for your next move.

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Showing 13–24 of 44 posts

mortgage process
The Buying Process

The Mortgage Process, Step-By-Step

It’s normal to have questions about the mortgage process when you and your partner are ready to buy a home. Even if you’ve purchased or refinanced a property before, you may still need a refresher. A personalized home lender will walk you through the mortgage process after you start working with them. Their job is to serve your family by ensuring you understand all loan options and choose one that matches your finances. Taking care of credit score, loan rate, and paperwork difficulties, they are available for any questions you have. We want to walk you through the 7 simple mortgage steps for moving into your family’s dream home. You can walk into a loan office with confidence knowing the journey ahead with an experienced home lender.

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what is a reverse mortgage
Loan Types

What is a Reverse Mortgage?

Are you a homeowner approaching or over 62 and looking for a way to borrow cash for living expenses or home improvements? You can accomplish this without selling your current home. And a reverse mortgage loan may be the answer you’ve been looking for.

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mortgage amortization calculator
Costs & Down Payments

Mortgage Amortization Calculator for Your Home Loan

Amortization calculators are a great place to start if you’re trying to estimate your monthly payments and see what your options are. You may be considering a home and are on a budget, wondering how much mortgage you can afford. Or you are purchasing a vacation home for your family while keeping a close eye on interest rates. This tool will help you visualize what your payments will be over the loan’s term, depending on the home loan you choose.

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how much mortgage can i afford
Costs & Down Payments

How Much Mortgage Can I Afford?

It’s easy to get wrapped up in the excitement of buying a home, especially if it’s the home you’ve envisioned for your family to settle down in. The thought of your kids coming back to a home they’re proud home when they’re all grown up can make you feel and your partner feel good. But it is crucial to be realistic about how much mortgage you can afford. The last thing you want to do is overextend yourself and default on a loan you never were ready to pay. Being “house poor” is not only stressful on your kids, but it can also lead to you losing your new home, starting over again at square one. We believe understanding your finances and home loan options will help you set expectations that your spouse and kids trust.

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mortgage interest rates
Mortgage Rates & Market

Mortgage Interest Rates

You may relate to comparing mortgage rates more aggressively than the home your kids will grow up in. Our team believes your home financing adventure does not have to be difficult, and your family can enjoy your new home for a lifetime. We can walk you through current mortgage and refinance rates so you can see how the market is doing before you buy. Rates move with the news, and nobody can time them perfectly. Our team also wants to educate you on how mortgage rates work and how to get the best one for you, so you can be confident in your loan decision.

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Rent reporting concept.
Getting Approved

How to Use Rent Reporting to Build Credit

Rent reporting can improve your credit score. As a renter, you might have been making regular payments for years. These unfortunately won’t usually show up on your credit report unless you set it up.

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Discount fees for home loans.
Mortgage Rates & Market

What is a Loan Discount Fee?

While your goal right now is likely to hold on to as much money as you can, there are some advantages to paying a loan discount fee. Knowing how and why this can be beneficial will help you decide if it is worth it for your long-term financial goals.

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Couple buying a house using an assumable mortgage.
Loan Types

The Benefits of an Assumable Mortgage

Assumable loans offer benefits for both buyers and sellers. Learn more about this type of loan to help you decide if you want to take advantage of buying a home with an assumable mortgage.

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Signing home refinancing documents.
Owning & Refinancing

5 Signs You Should Refinance Your Mortgage

Refinancing your mortgage helps you take advantage of the ability to renegotiate the rate and term of your loan. This can make it easier to make payments or help you to save more money in the long run.

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Discussing a home loan application.
Getting Approved

Are Home Loans Becoming Harder to Get?

Low mortgage rates and stabilizing housing prices make this the ideal time to start looking for a new home. The time may be ripe for buying a house, but some homebuyers face challenges with getting a home loan.

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Worried woman considering on applying for mortgage forbearance.
Owning & Refinancing

Mortgage Forbearance: Is it Your Best Option?

Paying your mortgage should be one of your highest priorities. A house is often a person’s largest financial investment. It is also important to have a secure and safe place to live. A layoff, a health problem, or a natural disaster can leave homeowners unable to cover all of their bills. You can ask yourself these questions to determine if mortgage forbearance is your best option.

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Down payment assistance for home buyers.
Costs & Down Payments

What Down Payment Assistance is Available When Buying a Home?

Saving enough money for a down payment on a home is a hurdle that most home buyers face early on. Lenders require down payments as a demonstration of your financial responsibility. Having a significant amount of money invested in the house also reduces your risk as a borrower.

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Jimmy Vercellino, home loan advisor

Ready when you are

Our experienced home loan advisors can help you refinance

To obtain lower monthly payments and interest rates, you need a relatable advisor who can walk you through the process. Our team of experienced home loan specialists listens to your unique goals and starts your journey to achieving them — we not only educate you on your best options but genuinely care about your family winning your dream home.

Start Your ApplicationCall (480) 800-8387