• Today's Rates - 1/25/2012
    The following are rates for 3 scenarios. Rates are scenario specific. If you do not see your scenario, contact us and we will be happy to go over it with you. The minimum credit score to qualify for a residential loan is 640.

    2.875% (3.352% APR) - 5/1 ARM - $150,000 to $417,000 loan amount - single family residence - primary residence - 20% equity required - minimum 740 FICO - one point origination fee

    3.875% (3.989% APR) - conventional loan - 30-year fixed - $200,000 to $417,000 loan amount - single family residence - primary residence - 20% equity required - minimum 740 credit score - one point origination fee

    4.0% (5.782% APR ) - FHA loan - 175,000 to $346,250 loan amount - Maricopa County - 30-yr. fixed - minimum 740 credit score - single family residence - primary residence - one point origination fee

    Rates are subject to change without notice

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  • Daily Updates of Mortgage Products and Programs
    The Mortgage News provides daily updates of rates and programs. Visit this daily to keep up-to-date on the mortgage market.

  • Down Payment Requirements
    The following are the minimum down payment requirements and the respective loan programs. Contact us to see if you qualify

    The following are for the purchase of a primary residence:

    No down payment: VA and USDA

    3.5% down payment: FHA

    5% down payment: Conventional loans (up to $417,000 loan amount, 720 credit score required)

    Contact us for jumbo loans (i.e. over $417,000 loan amount)

    Minimum down payment for a second/vacation home:

    10% down payment: conventional loans up to $417,000, 720 credit score required

    Contact us for jumbo loans

    Minimum down payment for investment property:

    20% down payment: conventional loans up to $417,000

    Contact us for jumbo loans

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STRAIGHT-FORWARD MORTGAGE ADVICE

We specialize in straight talk to help you find the best mortgage product at the lowest rate and costs. Our company was founded by an experienced mortgage broker, Attorney, and CPA. He noticed there was a need for professional advice in helping borrowers find the right mortgage. In light of the current credit crisis, this counsel is invaluable. Your financing decision cannot be left in untrained hands. Contact us and we will help you.

Counsel Mortgage is a licensed Arizona mortgage brokerage and lends only in Arizona. We built our business on customer service, product knowledge, and straight-forward advice. The purpose of this website is the same. This site will serve as a resource in your search for the right mortgage.

You will see our website serves as an interactive exchange of information regarding mortgage lending. We realize that, on average, you look for a mortgage once every several years and do not stay on top of the mortgage market. This website provides you many opportunities to get up-to-date on mortgage lending. From the daily news scroll on the left, to the e-mail news service, to a blog where information is shared, Counsel Mortgage strives to keep you informed. We believe that an informed customer is a satisfied customer.  We believe that you will want to make this page one of your favorites, and connect to our RSS feed.

The website allows you to apply on-line, subscribe to the request-a-rate service, subscribe to e-news, and blog about mortgage lending. We also provide a mortgage calculator which contains an amortization schedule.

We invite you to learn more about us, and review testimonials of our past clients. If you have a specific question, feel free to contact us. We look forward to working with you!
Counsel Mortgage Group ®, LLC. | 8700 E. Pinnacle Peak Rd. | Suite 224 | Scottsdale, AZ 85255
phone# (480) 502-1000 | fax# (480) 240-1357 | toll free# (877) 703-1555 | MBR# 0909580
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