Peoria and Sun City West AZ Home Loans

  Jeff and I would like to Thank You for all you have completed in the time frame needed.   The entire process and experience with you and Rhett has been just AMAZING!!!! I cannot thank you enough for all attention to detail and follow up you have shown.   I will be sending you any and all busine...

My husband and I recently purchased a home with the help and guidance of our AmeriFirst Mortgage Adviser, Rhett Laufenburger, and his wonderful assistant, Sophia Miller. This journey was not easy, but we learned so much in the process. From the very beginning, Rhett gave us some very sound advice...

What is  Pre-QualifiedGetting pre-qualified is the initial step in the mortgage process, and it's generally fairly simple. You supply a bank or lender with your overall financial picture, including your debt, income and assets. After evaluating this information, a lender can give you an idea of t...

  The massive increases in interest rates last Friday on the better employment report may have been too much in too soon  a time frame. The markets were thinly managed last Friday as many took the day off leading to increased panic selling. The bond and mortgage markets, already quite bearish, pu...

Treasuries opened a little weaker this morning, MBS prices also slightly weaker at 9:00 ahead of the March ISM manufacturing index at 10:00. Last week the 10 yr yield fell 8 bp in rate as investors continue to hold some treasuries as insurance against the banking collapses in Cyprus. So far toda...

Thanks for the advice. Also, a big thanks to you and Sophia for making this process so simple for us when we were at a major disadvantage being away for our documentation. Sophia is amazing at getting what she needs. Really enjoyed working with both of you as well. Again, thank you. Have a great ...

What is the FHA Mortgage Insurance Premium structure for forward mortgage loans? In most FHA programs, an Up-Front Mortgage Insurance Premium (UFMIP) is collected at loan closing; and an Annual Mortgage Insurance Premium (MIP) is collected in monthly installments. The FHA mortgage insurance premi...

The best "mix" for a strong FICO score is to have a mixture of trade lines. For instance, a mortgage, a car loan, perhaps a student loan and between 2-4 major credit cards. More or less than this can be viewed slightly negatively. (However, if you happen to have more than 4 credit cards do not cl...

  The bond and mortgage markets started a little better this morning; both markets technically overdone, bonds oversold, stocks overbought. That said, neither trend shows any evidence of reversing, just some retracements. There are no economic releases today, and not much for the week. Treasury w...

  With interest rates so low many of my clients are wanting to keep their money in the bank to grow. I often will show my clients a 10% down option on their Arizona vacation home. This product does have mortgage insurance since the 20% down is not met. You will see on the chart below on a $100,00...