Loan Options
Loan Options for Arizona Homebuyers & Homeowners
The Right Mortgage Starts With the Right Loan Program
Every buyer’s journey is different. Some need the lowest possible down payment, others want to refinance for savings, and some are investing in real estate. At Levas Loans, Pete makes it simple to understand your options and choose the program that fits your goals. No jargon, no cookie-cutter advice — just honest guidance tailored to your life in Arizona.
Explore Our Loan Programs
First-Time Buyer Loans
Buying your first home? Pete helps new buyers understand their options, qualify with confidence, and access Arizona programs that make homeownership more affordable.
Refinancing Options
Lower your monthly payment, shorten your term, or pull cash out of your home’s equity. Pete will help you crunch the numbers and decide if a refi makes sense.
Conventional Loans
Flexible, competitive, and ideal for buyers with solid credit. Conventional loans let you choose your terms and drop PMI once you’ve built equity.
FHA Loans
With down payments as low as 3.5% and flexible credit requirements, FHA loans are designed for first-time and moderate-income buyers in Arizona.
VA Loans
Available to veterans, service members, and qualifying spouses, VA loans offer zero down, no PMI, and competitive rates. Pete makes the process easy and clear.
Jumbo Loans
Buying in Scottsdale, Paradise Valley, or other Arizona markets where home prices exceed conventional limits? Jumbo loans provide financing for higher-value homes.
ARM Loans
Adjustable-rate mortgages (ARMs) can be a smart choice if you plan to sell or refinance before the fixed period ends. Pete helps you weigh the pros and cons.
Investment Property Loans
From your first rental to scaling a portfolio, Pete offers investor-friendly loan programs, including conventional, DSCR, and private lending options.
Self-Employed Borrower Programs
No W-2? No problem. With bank statement loans, P&L-based underwriting, and non-QM options, Pete helps business owners and freelancers qualify.
Down Payment Assistance
Arizona offers grants, forgivable loans, and statewide programs to help cover upfront costs. Pete knows how to pair these with FHA, VA, and conventional loans.
Private & Non-QM Loans
When conventional financing doesn’t fit, private and non-QM loans provide flexibility for unique income, credit, or property situations.
Free Resource for Arizona Buyers
2025 Arizona Mortgage Guide
Compare FHA, VA, Conventional, and more in one quick reference guide. Get insider tips on down payment assistance and loan strategies from Pete.
Latest Articles & Resources
Stay informed with Pete’s expert insights on Arizona mortgage trends.
Clarity Starts Here
FAQs About Loan Options in Arizona
What is the best loan program for first-time homebuyers in Arizona?
It depends on your credit, income, and savings. FHA loans and down payment assistance programs are popular, but conventional loans with as little as 3% down may also fit.
Can I qualify for a mortgage if I’m self-employed?
Yes. Programs like bank statement loans and non-QM options are designed for entrepreneurs, freelancers, and 1099 earners.
What’s the difference between FHA, VA, and Conventional loans?
FHA loans allow lower down payments and credit scores, VA loans offer zero down for veterans, and conventional loans are flexible with strong credit. Pete helps you compare side by side.
Do jumbo loans require a bigger down payment?
Yes, usually 10–20%. In Arizona, even builder-grade homes in the East Valley can push into jumbo territory, so Pete helps prepare you for stricter documentation.
How much can down payment assistance really save me?
Depending on the program, Arizona buyers can receive up to 5% of the loan amount — often tens of thousands of dollars.
Trusted Arizona Mortgage Expertise
Why Work With Pete?
With over 20 years of experience, Pete has successfully guided countless Arizona families through the home buying process. He is dedicated to providing responsive support and personalized loan options tailored to your needs.
20+ years helping Arizona families
Licensed Arizona mortgage broker (NMLS info shown here)
5-star reviews from first-time buyers, veterans, and investors
Local expertise in Phoenix, Scottsdale, Chandler, Mesa, Gilbert, Queen Creek, and beyond
Find the Loan That Fits Your Life
No two borrowers are the same. Pete will help you compare programs, understand the trade-offs, and move forward with confidence.