AZ Home Loan Pre-Approval & the PQF

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One of the best pieces of advice for new home-buyers is simple.  Complete loan pre-approval prior to their home buying journey.  This way the buyer knows how much they can afford.  In fact, completing Pre-Approval helps Arizona buyers determine their monthly payment, down payment and loan type prior to looking at homes.

Home Loan Pre-Approval in Arizona

In Arizona, each home buyer must present an Arizona specific pre-qualification letter along with their offer to buy a home.  The PQF shows the seller the buyers completed pre-approval with a mortgage lender.

Your Arizona PQF

The Arizona Pre-Qualification Form outlines key info about the buyer.   For example:

  1. Mortgage Type
  2. Pre-approved loan amount
  3. Supporting documents lender has reviewed
  4. Home Loan’s basic terms

Every seller wants to know that a mortgage lender has confirmed an Arizona buyer’s income, assets and credit are sufficient to qualify for a home loan.  Providing a Arizona PQF accomplishes just that.  As a result, Arizona home-buyers shop for their dream home with confidence.

By Jeremy House



One comment

  1. Many years ago bought a home in up-scale community. After some time passes a good neighbor elderly one day in conversation said to me she had some papers whew wanted me to see. She remarked it was sad people judge character via race. She showed me some papers from the Neighborhood Assn. stating not to sale to any minority family or persons. these papers where dated in the 70’s It was further stated no realty signs could be displayed as it deceased property values just another tactic to keep minority families from knowing availability of property in the community. These tactics destroyed a city years late, hopefully new tactics are not in play regarding the same old game called racism? All minorities who peter privacy in their financial affairs are not dope dealers and criminals. A retired Dentist friend who is a minority decided to relocate and retire to California instead of Arizona due to these Real Estate bobo’s silently hidden and under the table directed tactics towards minority groups seeking to purchase in Arizona.

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