What Is a Down Payment? Buying a home is one of the most significant financial steps you can take, and understanding your down payment is key to making it happen. A down payment is the portion of the home’s purchase
What Is a Down Payment? Buying a home is one of the most significant financial steps you can take, and understanding your down payment is key to making it happen. A down payment is the portion of the home’s purchase
Buying a home in Arizona offers a blend of year-round sunshine, diverse landscapes, and growing economic opportunities. From vibrant urban centers to charming small towns, the state has options for nearly every lifestyle and budget. Understanding Arizona’s unique housing market
Why Arizona Is a Great Place to Buy Your First Home Arizona continues to be one of the most attractive states for first-time homebuyers. The strong job market and steady population growth make it a smart place to start building
Closing costs are the final hurdle before you get the keys to your new home. These fees cover a range of expenses tied to processing and finalizing your mortgage. While they may seem like a small detail, closing costs can
When you’re buying a home or refinancing, one of the biggest decisions is your loan term. Choosing between a 15‑year vs. 30‑year mortgage can have a lasting impact on your monthly budget, long-term interest costs, and overall financial flexibility. This
In today’s competitive real estate climate, buyers are getting creative to stand out. Making the strongest offer in the housing market no longer means just bidding the highest. Instead, it’s about maximizing the seller’s net proceeds, being flexible, and showing
As home values climb nationwide, many homeowners are building significant equity. That equity can be tapped for renovations, debt consolidation, major expenses, or investments. This often leads to a key question: should you choose a cash-out refinance, a home equity
Many homeowners have equity in their homes but struggle with low credit scores. This can make tapping into that equity feel out of reach. Fortunately, even with bad credit, you may still qualify for a home equity loan or HELOC.
Homeowners often look for smart ways to tap into the equity they’ve built. If refinancing isn’t ideal, you can explore other ways to get equity out of your home such as a HELOC or home equity loan. But what exactly
Many homeowners today are sitting on significant equity in their homes but are hesitant to refinance their mortgage. With interest rates rising in recent years, it’s no surprise. If you locked in a 3% mortgage rate or lower, giving that
What Is a HELOC? Definition and Basic Functionality A Home Equity Line of Credit (HELOC) is a revolving credit line that allows homeowners to borrow against the equity in their home. Equity is the difference between what your home is
Most people don’t pay a whole lot of attention to the mortgage industry unless they have plans to purchase or refinance a home. Once you are in the market, though, you’ll quickly notice that mortgage rates and how they work
Homeowners have thousands of options when choosing the best mortgage lender, here are the reasons on why Agave Home Loans for your largest financial transaction.
When buying a home or refinancing in Arizona, the choice between a mortgage broker vs. lender can affect your interest rate, fees, and closing experience. Both options can help you secure financing, but they work differently behind the scenes and
Buying a house in Florida in 2025 comes with unique advantages and a few challenges. With prices softening in some areas and more homes on the market, buyers are gaining negotiating power. However, climate risks and rising insurance costs remain
Buying a home in Georgia in 2025 offers a unique blend of affordability, economic opportunity, and lifestyle benefits. Whether you’re a first-time buyer or looking to relocate, understanding the state’s housing market, financial requirements, and available assistance programs is crucial.
Are you considering buying a house in Tennessee in 2025? The state’s real estate market is showing signs of stabilization and offering potential opportunities for homebuyers. While mortgage rates have remained relatively high, the increase in housing inventory and moderate
Are you thinking about buying a house in South Carolina? There are many reasons why this Southeastern state can be an ideal setting to make such a major investment. Whether you’re relocating because of your job, to be closer to
Paying off your mortgage early may sound like a dream, but a term reduction refinance can turn that dream into a reality. This refinance option allows you to switch from a longer loan term, like a 30-year mortgage, to a
Buying your first home can feel overwhelming, especially when you’re working with a modest income or limited savings. Thankfully, the HomeReady loan program offers an affordable path to homeownership. Fannie Mae backs this mortgage option to help first-time buyers and
What Is a Rate-and-Term Refinance? A rate-and-term refinance replaces your current mortgage with a new one that has different terms. Typically, homeowners use this strategy to secure a lower interest rate or shorten the length of their loan. Unlike a
If you currently have an FHA loan, refinancing might feel like a headache. Fortunately, an FHA streamline refinance makes it much simpler. With less paperwork, typically no income verification, and often no appraisal needed, this option is ideal for many
If you currently have a VA home loan, you may be eligible for one of the simplest and most cost-effective ways to refinance: the VA Interest Rate Reduction Refinance Loan, or VA IRRRL. This program is often referred to as
Upgrading your home can be exciting, but finding the funds to do it isn’t always easy. One powerful solution? Using a cash-out refinance to fund home renovations. If you’ve built equity in your property, this option can unlock serious potential.
If you’re struggling with high-interest credit card debt or multiple monthly loan payments, a cash-out refinance for debt consolidation might be the solution you need. By leveraging the equity in your home, you can unlock a powerful financial tool that
Four steps that help make the home mortgage refinance process much easier.
If you’re exploring ways to finance an investment property, a DSCR loan in Arizona might be the perfect solution. These loans offer flexibility for real estate investors who prefer to qualify based on a property’s income rather than their personal
Building your dream home is an exciting journey. However, understanding how to get a construction loan for a new home is crucial before you begin. Let’s break down everything you need to know, from types of loans to converting your
Learn why a home appraisal is important and how it works. Our comprehensive guide covers the appraisal process, guidelines, and typical costs. Discover how to get an accurate property valuation with our expert tips and advice.
Congratulations! You’ve reached a huge milestone by getting your offer accepted. However, the journey doesn’t end there. In fact, accepting an offer sets into motion several important steps of the home buying process. In this guide, we’ll walk you through
If you’re looking to reduce your monthly mortgage bill without refinancing, mortgage recasting might be the perfect solution. It allows homeowners to lower their payment and stay on their current loan. But what exactly is mortgage recasting, and how does
When you’re buying a home, you’ll likely come across the term “earnest money deposit” or EMD. But what does it really mean, and why is it so important in real estate? Definition of Earnest Money Deposit An earnest money deposit
When you’re buying a home, underwriting is the critical middle step that bridges loan application and closing. It’s where lenders take a deep dive into your finances to decide if they can trust you with a mortgage. Understanding the home
We explain what a 2-1 Buydown Temporary Loan is; its advantages, disadvantages, and how using this strategy to lower costs and save money could benefit you.
A local’s perspective: Let’s dive into the neighborhoods located in Central Phoenix and see what amenities, housing styles, and attractions they have to offer.
Buying a home or investment property often raises the question: can rental income help you qualify for a mortgage? The answer is yes. In many cases lenders will count rental income toward your qualifying income, but how they count it
The Arizona jumbo loan limits play a large role in what may or may not be available to you. Knowing and understanding the limits allow house hunting to stay an exciting experience. Where it may seem not-so-exciting is finding the
In 2025, conventional mortgages remain a popular choice for Arizona homebuyers, offering flexibility and competitive terms. Understanding the nuances of these loans can empower you to make informed decisions on your homeownership journey. What is a Conventional Loan? A conventional
Conventional Loans, FHA Loans and VA Loans… are you confused about your mortgage options? Choosing a mortgage loan can feel overwhelming. Every option has its criteria and advantages, from credit score requirements to the size of your down payment and
When it comes to buying a home, one money-saving trick you should know about is the 3-2-1 Buydown. It’s like a special deal on your mortgage that can make your life easier. Let’s dive in and learn what the 3-2-1
Choosing a mortgage can feel a bit like venturing into unfamiliar territory without a map. If you’re searching for Arizona home loan programs, we’re here to help you navigate your financing options with a bit of a crash course on
It’s safe to say most everyone would love to save money and grow their bank account. The challenge is knowing where to begin. Here are 14 easy steps on how to save money for a house. Whether you want to
What’s the difference between a mortgage broker vs a bank? It could mean the difference of thousands of dollars in fees and interest paid over the life of your loan. Choosing between a bank or mortgage broker is one of
Agave Home Loans offers low, competitive rates on a full range of mortgage products, including VA, FHA, Conventional, Jumbo, HELOC, Home Equity, and more. Based out of Phoenix, Arizona, we help homeowners and homebuyers in Arizona and more than 13 other states to refinance, access home equity, and purchase. Our team is committed to clear communication, fast closings, and personalized service every step of the way.
(833)316-3170
info@agavehomeloans.com
