Products and services that are right for you
Straight-Forward Mortgage Advice
Your Mortgage
We’re a Mortgage Brokerage based out of Scottsdale, Arizona providing services in both Arizona and California specializing in straight talk to help you find the best mortgage product at the lowest rate and costs. Our Scottsdale mortgage company was founded by an experienced mortgage broker, Attorney, and CPA. He noticed there was a need for professional counsel in helping borrowers find the right mortgage in Arizona, California, Hawaii and Illinois. In light of the current credit crisis, this counsel is invaluable. Your financing decision cannot be left in untrained hands. Contact us today and our expert Scottsdale Mortgage Brokers will contact you shortly.
You will see our website serves as an interactive exchange of information regarding mortgage lending in Arizona, California, Hawaii, and Illinois. 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 e-mail news service, to the blog and videos where information is shared, Counsel Mortgage strives to keep you informed. We believe that an informed customer is a satisfied customer.
Loan Programs
- Conventional Home Loans
- Adjustable Rate Mortgages
- VA Loans
- FHA Loans
- USDA Loans
- Jumbo Loans
- Reverse Mortgages
- Commercial Loans
Conventional Home Loans
Conventional home loans are residential loans used to finance primary residences, second homes, and investment properties. They can be conforming loans, i.e. loan amounts $726,200 and lower in Arizona, or jumbo loans which are in excess of $726,200.
Adjustable Rate Mortgages
Adjustable rate mortgages (known as “ARMs”) are loans that are fixed for a certain number of years, and then the rate adjusts for the balance of the amortization term.
VA Loans
If you are a veteran, and do not have much money saved, this is the loan for you. It allows for 100% financing, and if the seller pays the closing costs and prepaid expenses, no out-of-pocket costs.
FHA Loans
FHA loans are government loans insured by the Department of Housing and Urban Development (“HUD”). The minimum down payment for these loans is 3.5% of the sales price.
USDA Loans
The USDA is more known for agriculture, but they also have a home loan program. Known as the Rural Development loan, the loan allows you to purchase a home with no down payment, without monthly mortgage insurance.
Jumbo Loans
Gone are the days of stated income and no income verification. Today, if you want a jumbo loan, you will have to provide full documentation and demonstrate an income.
Reverse Mortgages
A reverse mortgage is where you don’t have to make a payment out-of-pocket, rather the equity in your home makes the payment for you. To qualify, you must be at least 62 years old (although in some instances you may be able to qualify at 55 years old). You’ll need approximately 50% equity in your home. Also, you must reside in the home as your primary residence. Reverse mortgages can be home equity lines of credit, fixed rate, and can be jumbo.
Commercial Loans
If you are looking to purchase a business with real estate, we can broker the loan for you. We have relationships with many different lenders and shop your scenario to find you the best available terms. We broker conventional and SBA loans.
The Counsel Mortgage Group Promise
Straight-Forward Mortgage Advice
We’re a Mortgage Brokerage based out of Scottsdale, Arizona providing services in both Arizona and California specializing in straight talk to help you find the best mortgage product at the lowest rate and costs.
ACID® Test
Qualifications are taken pursuant to the ACID® Test. Contact us to see if you qualify.