Arizona MLS Real Estate Search

Need help with ANY AZ Mortgage or Down Payment Assistance Programs in AZ?

We can help you get qualified for ANY AZ mortgage so you can buy a home including the several Down Payment Assistance Programs in AZ!   There are a few First Time Home Buyer Programs in AZ as well!! Which mortgage program is best for you?  What program will get you the best payment?  Are you looking for an FHA Loan, VA Loan, USDA Loan, Jumbo Loan or a Conventional Loan?  We're here to help get you the most up to date mortgage rates in Arizona with the best payment that fits your situation!

Also get access to our Realtor MLS UPDATED EVERY 5 Minutes!  That means EVERY home from EVERY Real Estate Company that is currently for Sale and FASTER THAN ZILLOW!

Questions or need help to get started with the mortgage process?
Call/text us at (480) 442-2502 or click the LIVE CHAT below.

What Is a Conventional Loan?

A conventional loan is any mortgage loan that is not insured by any government agency (i.e. FHA, VA or USDA). Today, most conventional loans are considered “conforming loans” because they are written to the guidelines set by Fannie Mae or Freddie Mac. The maximum conforming loan amount is currently $510,400 as of 2020.

Most conventional loan programs require 5% down.  However, you can obtain a conventional loan with 3% down through specific conventional loan programs designed to enhance affordable lending to creditworthy low to moderate income borrowers.

The Home Plus Program offers options for a conventional loan program with down payment assistance in Arizona.

Fannie Mae

Fannie Mae is the commonly used name for the Federal National Mortgage Association (FNMA). It is a government-sponsored enterprise and is a leading source of financing for mortgage lenders and offers the traditional 30-year fixed-rate mortgage that is otherwise known as a conventional loan along with other mortgage products. Fannie Mae provides uniform mortgage underwriting guidelines on a nation-wide basis.

Fannie Mae HomeReady Mortgage

HomeReady is Fannie Mae’s 3% down mortgage product. It has expanded underwriting guidelines to allow more flexibility and so it can be combined with down payment assistance in the form of grants, gifts and approved second mortgages offered by public, nonprofit and employer funds to finance down payment and closing costs.

In Arizona, the Fannie Mae HomeReady program is offered through the Arizona Housing Finance Authority, acting on behalf of the Arizona Department of Housing. The program is known as Fannie Mae HFA Preferred in Arizona. HFA stands for Housing Finance Authority. It offers fixed rate mortgages with terms between 15 and 30 years throughout most of Arizona (Pima County is excluded). It is one of the various loan options offered through the Arizona HOME Plus loan program.

Freddie Mac

Freddie Mac is the commonly used name for the Federal Home Loan Mortgage Corporation (FHLMC). It is a government-sponsored enterprise that was created in 1970 to provide competition for the previously established Fannie Mae and to further increase the availability of mortgages for home ownership in the United States. Freddie Mac also offers traditional conventional loan products with slight variations to its underwriting guidelines from those of Fannie Mae.

Freddie Mac Home Possible Advantage Mortgage

Home Possible Advantage is Freddie Mac’s 3% down mortgage program. It is intended to help first time homebuyers, military families and low and moderate-income borrowers. The Home Possible Advantage mortgage program can also be combined with down payment assistance in the form of grants, gifts and approved second mortgages offered by public, nonprofit and employer funds to finance down payment and closing costs.

This 3% down conventional loan program is also offered as an option in Arizona through the Arizona HOME Plus loan program. It is referred to as the Freddie Mac HFA Advantage Mortgage and is offered in all of Arizona except for Pima County. It is a fixed rate loan with a term not to exceed 30 years.

Why Would You Choose a Conventional Loan?

The main advantage to a conventional loan is that there is more flexibility related to mortgage insurance. Mortgage insurance protects the lender against borrower default. Because it is risk-based, it can cause a large increase in a homeowner’s monthly mortgage payments if they are putting less money down. Mortgage insurance is typically cheaper with a conventional loan than it is with a FHA loan. So, your payments could be lower.

Most of the government loan programs require mortgage insurance and some last the life of the loan. Conventional loans require mortgage insurance if your down payment is less than 20%; however, you have the option of removing it in the future. If you have a conventional loan, you can request that the mortgage insurance is removed if your home value increases or you have paid down your loan balance enough to have 20% equity. This is a result of the Homeowners Protection Act and it applies to single family, owner-occupied homes. In fact, the mortgage insurance is required to automatically cancel at 78% loan-to-value if you are not delinquent on your home.

Waiting Periods – Conventional Loans

The following are the standard conventional loan waiting periods for the major derogatory credit events.

  • Conventional loans after bankruptcy: The waiting period for getting a conventional loan after a chapter 7 bankruptcy is 4 years. The waiting period for getting a conventional loan after a chapter 13 bankruptcy is 2 years.
  • Conventional loans after foreclosure: The waiting period for getting a conventional loan after a foreclosure is 7 years after the foreclosure.
  • Conventional loans after short sale: The waiting period for getting an USDA loan after a short sale is 4 years.

FHA | VA | USDA 

 

HOMES WE CAN HELP YOU FINANCE

$325,000
2 Beds ⋅ 2 Baths ⋅ 7055309 MLS ⋅ 1,040 SqFt.
Beautifully updated single-level patio home in the desirable Sun View Patio Homes community! This move-in ready 2-bedroom, 2-bath home features a bright, open floor plan with numerous recent improvements. The kitchen was completely remodeled in 2026 with new cabinetry, countertops, and finishes. Both bathrooms were renovated in 2025 with modern fixtures and finishes. Additional upgrades include new energy-efficient windows installed in 2025 and a new A/C system installed in November 2024 for added comfort and peace of mind. Enjoy a private patio, covered parking, and access to the community pool. Conveniently located near shopping, dining, parks, and major freeways in the heart of Gilbert.

1500 N Sunview Parkway Unit 36, Gilbert
$274,900
2 Beds ⋅ 2 Baths ⋅ 7055161 MLS ⋅ 1,104 SqFt.
Move-in ready and beautifully refreshed, this townhome offers an ideal combination of comfort, convenience, and low-maintenance living. Perfectly located near the Loop 202, US-60, and the light rail, you'll enjoy quick access to ASU, Sky Harbor Airport, Tempe Town Lake, and an abundance of shopping, dining, and entertainment. This home offers an open living area with separate dining. The spacious primary suite features a walk-in shower. The home is vacant, allowing for a quick and flexible move-in. Enjoy added peace of mind knowing the HOA takes care of exterior maintenance and landscaping, so you can spend less time on upkeep and more time enjoying your home. This welcoming all-ages community offers amenities designed for both relaxation and connection, including multiple gathering areas, a sparkling pool and spa, and a dedicated dog park for your furry companion. Whether you're looking for an easy commute, an active lifestyle, or a lock-and-leave home, this townhome checks all the boxes.

2929 E Broadway Road Unit 85, Mesa
$399,000
4 Beds ⋅ 2 Baths ⋅ 7055156 MLS ⋅ 1,678 SqFt.
4B/2Bath Townhouse - 10 minute drive to ASU!! Remodeled modern, bright kitchen w/Quartz countertops & SS appliances. Kitchen has built-in desk & large breakfast nook over-looking beautiful gated front courtyard. Large living room (one-step down) w/brick, wood burning fireplace. Large, separate dining room open to LR & kitchen (DR could be made into office in the future). Primary suite includes walk-in closet & bathroom w/2 sinks & great storage. Blinds in all bedrooms. Easy maintenance yards include automated watering systems & turf in the backyard. Attached 2 car garage has storage cabinets & laundry. Bonus room off of garage has storage and can be used for a workshop and projects. Solid block construction for more efficient cooling, heating and noise reduction. ***SEE MORE Backyard is private, with high, block walls and shaded patio. Clubhouse has a pool. Easy lock & leave home in a neighborhood that has Southwest charm. Great for a college student or first-time buyer. Close to shopping, restaurants, freeways and hospitals. 3 year roof warranty. **Property CANNOT be rented out and one resident must be on the deed per the HOA.** Flooring is grey ceramic tile, vinyl plank wood and carpet.

312 W Laguna Drive, Tempe
$465,000
3 Beds ⋅ 3 Baths ⋅ 7055052 MLS ⋅ 2,187 SqFt.
Enjoy resort-style living in this spacious Encanterra townhome on an oversized corner lot with north/south exposure. The flexible layout offers 3 bedrooms, 3 bathrooms, a den, loft and approximately 2,187 square feet. The main level includes the primary suite plus a second bedroom and bathroom, while upstairs features an additional bedroom, full bathroom, loft and extra storage. The open kitchen includes granite countertops, a large island, gas cooktop, wall ovens, upgraded cabinetry and a pantry. Additional highlights include custom tilework, upgraded flooring, abundant natural light and a private covered patio, all just minutes from Encanterra's clubhouse, pools, fitness center, walking paths, golf, tennis and dining.

934 E Cobble Stone Drive, Queen Creek
$284,900
2 Beds ⋅ 2 Baths ⋅ 7054863 MLS ⋅ 870 SqFt.
Beautifully Remodeled 2BR Gem in the Heart of Chandler! Welcome to 1600 N. Saba #164 a stylishly updated 2 bedroom, 1.5 bath home offering modern comfort and low-maintenance living in one of Chandler's most convenient locations. Step inside to durable tile flooring throughout the main living areas and plush new carpet in the bedrooms. The kitchen shines with gorgeous stone countertops, stainless steel appliances, and a tile backsplash that ties the whole space together. The primary bath features a stunning walk in tiled shower for a spa-like feel every day. Beyond the unit, residents enjoy access to a community pool perfect for beating the Arizona heat. Situated close to major freeways, shopping, dining, and top Chandler schools, this home puts everything you need within easy reach

1600 N Saba Street Unit 164, Chandler
$329,998
3 Beds ⋅ 3 Baths ⋅ 7054797 MLS ⋅ 1,449 SqFt.
Move in ready Mesa AZ townhome in the desirable Muirfield community just steps from the community pool! This beautifully updated home features new wood look tile flooring throughout the first floor, new interior paint throughout, a new HVAC system, new water heater, new window blinds throughout, a new garage door spring, and all appliances included. Enjoy low maintenance living with easy access to US 60, shopping, dining, golf, parks, and entertainment. Perfect for first time home buyers, those looking for a lock and leave Arizona home, a winter retreat, or an investment property. Don't miss this opportunity to own an updated Mesa home for sale in a prime East Valley location!

1255 S Rialto -- Unit 165, Mesa
$229,000
2 Beds ⋅ 2 Baths ⋅ 7054780 MLS ⋅ 1,037 SqFt.
Fantastic opportunity in the heart of Tempe! Want a rental near ASU, or a home to personalize to your own taste this property offers incredible potential. Featuring a newer A/C system 2023, this home is ready for your vision and updates and is priced to sell accordingly. Located just minutes from Arizona State University, Tempe Marketplace, major freeways, shopping, dining, and Sky Harbor Airport, you'll love the convenience and strong rental demand this area offers. Don't miss this chance.

827 S Hacienda Drive, Tempe
$330,000
2 Beds ⋅ 3 Baths ⋅ 7054300 MLS ⋅ 1,152 SqFt.
New kitchen and bath cabinets, interior doors, baseboards, electric receptacles and switches, ceiling fans, smoke detectors, lights, top tier carpet and pad, electric water heater, sinks, faucets, water shutoff valves and hoses. Porcelain tile. Granite counter tops. Brand new air conditioning 4 ton split heat pump system.

860 N Mcqueen Road Unit 1164, Chandler
$350,000
2 Beds ⋅ 2 Baths ⋅ 7054155 MLS ⋅ 1,596 SqFt.
Recent updates bring added peace of mind, including a new roof in June 2025, a new HVAC system in December 2024, plus granite countertops and a new kitchen sink added in 2024. Located in a private gated community, this single story home offers a comfortable split floorplan with 2 bedrooms, 2 bathrooms and a den. The primary bedroom features an ensuite bathroom with a tub/shower combo, walk in closet, double vanity and water closet. The second bedroom is conveniently located next to the hallway bathroom. A 2 car garage adds everyday functionality, and the home is ready for immediate move in. HOA: The HOA is managed by Metro Property Services and the community manager is Tracy Scoffield and her contact information is: (480) 967-7182 x 104 if you have any additional questions. The HOA features a community pool that is heated to 82, a spa that is heated to 104 in the winter time and they cover the following: Exterior maintenance, common area maintenance, roof repairs and replacement, monthly general pest and spot termite treatment and exterior painting when needed. If the home needs painting in between, that would be the owner's responsibility. The HOA does not cover any water, sewer or garbage. Home Features: This home features no interior steps, an attached 2 car garage with direct access into the home, a new roof was installed in 6/25, new granite countertops, kitchen sink and new HVAC system in 2024. The property is located off of Power Road and Brown road and is minutes from the 202 freeway, Red Mountain High School, Freemont Jr High School, parks, a variety of restaurants to eat, Golf Resorts, multiple bus stops and more.

6720 E Encanto Street Unit 69, Mesa
$333,000
2 Beds ⋅ 2 Baths ⋅ 7054079 MLS ⋅ 1,510 SqFt.
Charming end-unit in Park Riviera -- one of the largest 2BR/2BA in the complex! Brand-new roof, AC is less than 5 years old and newer kitchen appliances. Split-floorplan layout features a spacious living room, galley kitchen with eat-in dining, and sliding door to a private patio. Great investment or starter home opportunity. Inside W/D off the kitchen. Oversized master with walk-in closet. Steps to Sprouts and neighborhood dining. Minutes to ASU, Sky Harbor, MCC, Freeways, Light rail and bus stops.

1633 E Southern Avenue, Tempe
Start Your Search

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.