Loan Options
First-Time Buyer? You're in the Right Place.
We’ll help you understand your options, avoid costly mistakes, and move forward with confidence. Trust us to guide you through the home-buying process with ease.
Guidance You Can Trust
Buying Your First Home Doesn’t Have to Be Overwhelming
You don’t need to be a mortgage expert. That’s Pete’s job. He’ll walk you through every step of the process and explain everything in plain language, so you can focus on finding the right home instead of worrying about the fine print. Here’s what we’ll help you with:
Know Your Numbers
We’ll show you how much home you can afford and what your monthly payments might look like.
Find the Right Loan
We’ll compare FHA, VA, and Conventional loan options to help you choose what fits best.
Discover Low Down Payment Programs
Many first-time buyers qualify for loans that require just 3% down—or even less.
Get Pre-Approved with Confidence
We’ll get your prequalification squared away so you’re ready to make an offer with confidence.
Can You Really Buy a Home with Less Than 5% Down? Yes.
If you’ve been putting off homeownership because you think you need 20% down, we’ve got good news. Most first-time buyers in Arizona are putting down far less.
In fact, with today’s programs, your down payment could be as low as:
3% with a Conventional 97 loan
3.5% with an FHA loan
0% if you qualify for a VA loan
And even if you’re short on that amount, there’s help available.
Arizona Down Payment Assistance Programs
There are real, funded programs right now that help Arizona buyers cover their down payment or closing costs. Some popular options include:
Arizona Home Plus
Offers forgivable loans up to 5% of your mortgage amount, which can be used toward your down payment or closing costs. Must meet income and credit score requirements.
Arizona Pathway to Purchase (P2P)
Occasionally re-opened depending on funding, this program offers assistance in targeted zip codes across the state, including parts of Phoenix and Tucson.
Local Grants & Employer Programs
Some Arizona cities and employers also offer first-time buyer assistance. Pete can help you uncover what’s available to you.
These programs often change based on available funding, so it helps to work with someone who’s in the know (hey, that’s Pete).
Want to Get Creative?
Sellers Might Help Cover Your Costs. In today’s market, it’s not unusual for sellers to offer closing cost credits to help sweeten the deal. These credits can often be used to:
- Offset your down payment
- Buy down your mortgage interest rate
- Cover other loan-related fees
Pete can help you work with your real estate agent to structure your offer so that you’re not only getting the home you want but also the support you need to make it affordable.
Bottom Line: Homeownership Might Be Closer Than You Think
You don’t need a huge nest egg or a perfect credit score. What you do need is a plan and a mortgage guide who can help you see what’s possible. Whether you’re just starting to explore or you’re ready to get prequalified, Pete is here to walk you through your options, break down the numbers, and get you across the finish line.
We've Got You
A Broker Who Takes the Stress Out of First-Time Buying
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.
Trusted by Arizona Families for Over 20 Years
20+ years helping Arizona families buy with confidence.
Always Here to Help
Responsive and available when you need answers .
Loans Tailored to You
Personalized loan recommendations—not cookie-cutter options.
Unlock Assistance Designed for First-Time Buyers
Access to down payment assistance and first-time buyer programs.
“I am thrilled at the level of service I received from Pete Levas and his team. They are responsive, attentive, and I felt like they were cheering along with me for a successful closing. They dealt with every obstacle along the way with professionalism, and thanks to their perseverance, I am now a first time homeowner!”
Jennifer B.
First-Time Homeowner
Clarity Starts Here
Common Questions for First-Time Buyers
Navigating the home buying process can be daunting. Here are some common questions first-time buyers have to help you feel more prepared.
How much do I need for a down payment?
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
What loan programs are best for first-time buyers?
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
What credit score do I need to qualify?
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Can I get prequalified before I find a house?
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Still Have Questions?
We’ve gathered our best resources to help you move forward with confidence.
Your First Home Starts Here
You don’t have to figure this out alone. Pete will help you find the right loan—and the confidence to move forward.