Phoenix Real Estate Blog
Call me at 602-325-3415

Purchase

Get pre-approved and purchase your new home!

FHA LOAN: I don't have a lot of money for a down payment.

  • 3.5% down payment required – Can be a gift from a blood relative
  • Under the FHA streamline program, current FHA loan borrowers can refinance with no appraisal.
  • Seller can contribute up to 6% of the borrower’s closing costs.
Secure Online Application

 

VA LOAN: I am active Military or a Veteran.

I am proud to offer those who have served and are currently serving the Veteran’s Affairs (VA) loan. The VA loan is an excellent loan that assists our Nation’s Veterans with obtaining homeownership.

  •  Up to 100% financing available.
  •  No monthly mortgage insurance.
  •  Seller concessions up to 4% of the reasonable value of the property.
  • Credit scores as low as 620.
  • Surviving spouse may be eligible, as determined by VA.
  • Must be a Veteran, Active Duty Military, or member of the Reserves.
Secure Online Application

 

USDA LOAN: My home is located in an area designated by the USDA.

I am happy to assist borrowers in rural areas with the USDA or rural development loan program. The USDA loan provides low and moderate income borrowers with better affordable housing finance options with little or no down payment or out of pocket costs. The property must be located within a USDA designated area.
  • 100% financing available to qualified borrowers.
  • Seller can contribute up to 6% of the borrower’s closing costs.
  • Flexible mortgage guidelines.
  • Income and property restrictions do apply.
Secure Online Application

 

ARMS: I want the lowest interest rate available.

ARMS: I offer sophisticated mortgages to borrowers who may not expect to be in the home for a long period of time. The adjustable rate mortgage is fixed for a period of time and can adjust thereafter. After a thorough analysis I will be glad to assist you in determining which mortgage program will best fit your needs. Since the interest rate may rise over time, it is not recommended for every borrower. Interest rates can be fixed for three, five, seven and ten years.

Secure Online Application

 

JUMBO LOAN: I need a loan amount above $417,000.

For primary residence with 1 unit, Condos and PUD’s allowed

Up to $1 million

  • Upt to 80% LTV
  • Cash out Refinance to 65% LTV

Up to $1.5 million

  • Up to 75% LTV
  • Cash out to 60% LTV
Secure Online Application

 

FIXED RATE: I want to make sure my rate stays the same.

Fixed Rate: Of course I provide the traditional fixed rate loan as my most popular mortgage product. The fixed rate mortgage product offers the stability of a constant interest rate throughout the life of your mortgage loan. The fixed rate mortgage will provide you with the stability of being able to budget your finances. Over time, the fixed becomes more manageable as you and your family’s income increases.
  • Low down payment options available for qualified borrowers.
  • Provides for cash out refinances.
  • Loan amounts available up to $417,000.00
  • 10, 15, 20, and 30 year terms available.
Secure Online Application

 

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My Company

Bay Equity LLC
2350 E Germann Road Suite 34
Chandler, AZ 85286
NMLS ID#76988
Christoph K. Schweiger
NMLS Individual ID#247068
Direct Line: 602.325.3415
Fax: 480.907.1375
cschweiger@bayeq.com