Whether you are a first-time home buyer or would like to take advantage of current interest rates to reduce your monthly mortgage payment, Sun West's mortgage loan originators are always here to help you. Our loan officers will help you evaluate your specific situation enabling you to make the right decision.
As a full service mortgage bank, Sun West offers you a variety of loan programs that allow you to choose what is best for you. Whether you are working with one of our mortgage loan officers or through one of our broker partners, Sun West is committed to ensuring that you obtain a mortgage that is affordable. For instance, in case of a refinance, we will analyze the mortgage transaction to ensure that there is a positive benefit to you by way of a reduction in payment and/or you receive cash that you may use to consolidate debts or for that renovation project you would like to have done.
In most cases, an FHA (Federal Home Administration) program would be most suitable. If you are a veteran you may be able to take advantage of VA benefits for a purchase or an interest rate reduction refinance program from the Department of Veteran Affairs. For borrowers who meet certain maximum income limits in rural zone may qualify for loan programs guaranteed by the USDA-RD (United States Department of Agriculture - Rural Development).
Use our Loan Calculators to estimate monthly payments, affordability, or your refinance options. There are a number of ways to approach an affordability analysis, and these calculators allow you to assess the effects of different variables when buying a home.
Our senior homeowners aged 62 and older may choose to consider a reverse mortgage insured by the FHA as a means to pay off a mortgage and/or convert the equity in their homes to a positive cash-flow. This mortgage is also commonly referred to as the Home Equity Conversion Mortgage (HECM, pronounced as heckum). As a borrower, you retain title to your home while benefiting from the equity in your home. Click here to estimate how much mortgage you may be able to obtain through a Reverse Mortgage.
Current Sun West borrowers (non-HECM) may login and view their current account statements.
Click here to view a short video tutorial on how to avoid mortgage fraud. This video shows the most common red flags to watch out for when applying for a loan or a mortgage modification.
Watch this short video before you plan to use services or apply for a service to 'fix' poor credit. The video will educate you on ways to protect yourself from credit repair fraud.
Click here to read an article on Affinity Fraud. This article will provide an overview of affinity fraud and tips for avoiding this scam.