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

Archive for tag: mortgage insurance

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

Mortgage Insurance Tax Benefits

Conventional mortgage volume should be increasing as the FHA's loan limit is set to decrease Oct 1st and as I have reminded many of you, 3% down conventional mortgages are available again. Due to borrowers ability and desire to put down less than 20%, mortgage insurance is becoming more common again.

Is mortgage insurance tax deductible? It might be? Last weeks market update covered this and the summary can be read here.

Our thoughts and prayers go out to the people on the east coast who have dealt with the hurricane and the resulting power outages.

~ Kelly