Arizona Mortgage Blog by Kelly Zitlow

An Arizona Mortgage Specialist with over 15 years exp., Kelly produces this Arizona Mortgage Blog for realtors & home owners in Arizona who wish to be informed concerning the ever-changing Mortgage Market and FHA Loans, VA Loans, and Conventional Mortgages. Information about obtaining a Mortgage in Arizona can be found at

Monthly Archives: October 2011

Credit Tip on Authorized User Accounts

Using an authorized user account to help a spouse or child can be a good idea to help them establish or re-extablish credit. But this should be only for short term and should be looked at before thinking about applying for a mortgage.

Mortgage guidelines now require borrowers be romoved as authorized users before approving a mortgage application. Planning ahead and taking the right steps will ensure the borrower is ready and able to obtain a mortgage. With so many first time buyers in our Arizona market it's important that we are constantly being updated to the most recent Arizona mortgage guidelines.

To read the whole market update, click here.

~ Kelly

USDA Home Loans Add Insurance to New Arizona Mortgages

Starting October 1st the USDA started to add mortgage insurance to USDA Home Loans. For those buyers who wanted to obtain a mortgage in Arizona using an USDA Home Loan this is still a great program.

Still ZERO DOWN, 30 yr Fixed Rate, No Pre-payment Penalty, and more.

But I encourage everyone to check the USDA website Eligibilty Map to view boundaries, very easy to use.

To read more great highlights on a USDA Mortgage in Arizona, click here to view my latest update.

Feel free to call me with any mortgage questions you have.

Enjoy the cool fall weather this weekend!

~ Kelly

Teaching an Arizona Mortgage Class for Real Estate CE

Teaching "Residential Financing in Today's Arizona Market - What you need to Know" next Tuesday, Oct 11th at Gainey Ranch. Good for 3 hrs Contract Law for ADRE.

We'll cover updates, changes, and the latest revisions regarding qualifying for a mortgage in Arizona today.

If you need the CE hours or are just interested, hope to see you there! For more info click here.

~ Kelly