Now that subprime loans are a faint memory of the past, we often look to the FHA loans to fill in the void. Not that we miss those ugly sub primes all that much. But alas, FHA does provide a hearty loan for those who may have had a shaky credit past.  So, here are [...]

We’d like to wish all of our readers a Happy Easter.

Don’t be afraid,
I know you are looking for Jesus
Who was crucified.
He is not here!
For He has been resurrected, just as He said
Matthew 28:5
Have a great time with family and friends on this joyous occasion.

Details of President Obama’s plan to help struggling homeowners was announced today. This plan was announced a few weeks ago as the Making Home Affordable initiative. From the details which were announced today this plan helps two types of homeowners  and applies only to primary homes. This means you can not expect any help on [...]

Last week we sold a bunch of things on Craigslist. One person who came to purchase the last baby gate was one who had to move to a new house all of a sudden. This move was because the landlord was foreclosing and by default her life was going to have to change as well. [...]

Things will be a bit quiet around here for a few weeks. That’s because Sarina Joie came into our world last week and we’re having too much fun together. I’m tired, but doing great for the most part. Enjoying my time  with just an awesome little girl in our lives. Here she is:

I’ll catch up [...]

New management means things are going to be a bit different around here. So, we have introduced a new theme to kick things off. I always liked the old theme, but after more than a year, it was time for a change! And if you’re reading this in a reader, you’ll have no idea what [...]

photo credit: Santhosh Janardhanan
Greetings Blog World. Aimee G. here, taking over for Shailesh.
I have some big shoes to fill, but alas… having techno-savvy Shailesh quite accessible, I imagine he will surely continue to be a part of the evolution of the AZMortgageGuru Blog.
I look forward to journeying with you into the depths of the [...]

My five year stint in the mortgage industry has officially come to a close.  With the recent down turn in the industry many mortgage companies are downsizing and making changes to what they expect from their loan originators. CTX is no exception. Its parent company Centex is closing all CTX retail branches and only keeping [...]

Over the past few weeks we’re received a lot of questions regarding the recent changes to the FHA loan program. I might as well address some of these questions and concerns publicly. The changes are due to the recently signed Housing and Economic Recovery Act of 2008.
Changes to the down payment requirement: The minimum down [...]

Many have already discussed the features of the $300 Billion Mortgage Rescue Package signed by President Bush on Wednesday July 30th. This bill is officially known as HR 3221, the Housing and Economic Recovery Act of 2008. Regardless of what everyone thinks and warns about, this is now the law of the land. I know [...]