Loan Programs and Purchase Information

FAQS and Information to make the best decision for you

Glossary – quick links

Loan Types

Moving Checklist

Loan Types

What different mortgage loans are available to you by choosing the John Z Home Loan Team?  Which one do you believe would be the best fit in your scenario?

FHA Loan

A loan that’s backed by the U.S. Government. Considered to be more flexible than the rest when it comes to your “DTI” (Debt to Income ratio) and credit score.
This is the program where you can do a 3.5% down payment. However, there are some regulations in order to do this:


  • A credit score above 580
  • A certain percent of DTI (Debt to Income)
  • Steady income and proof of employment
  • The home that you are looking to purchase must be a primary residence
Mortgage Insurance required for the life of the loan if your down payment is less than 10%


  • Any mortgage loan not insured or guaranteed by the federal government.
  • Fixed-Rate and Adjustable-Rate options
  • Can be used to purchase a home or refinance a mortgage
  • A credit score of 620 and above
  • Minimum of 3% down for first-time homebuyers

VA (Veterans Affairs)

  • $0 down payment mortgage option available to Veterans, Service Members, and select Military spouses.
  • VA loans are issued by private lenders and guaranteed by the U.S. Department of Veterans Affairs
  • No private mortgage insurance
  • Competitive Interest Rates

The Valley is Our Backyard

We know the Valley and support our local businesses and families.  Why go to mortgage companies that are not familiar with your area.  We are located right here in the Valley so we can approve loans faster.

5 Reasons to Purchase a Home

If You’re a Millennial

Glossary – quick links

Loan Types

Moving Checklist

1. Have control of your living space

With a home purchase comes the liberty of personalizing to your heart’s desire.

2. Have the freedom to own a pet

Owning a home allows you the freedom to own a pet with no extra fees!

3. Live in a more modern home

Buying a home gives you the option to make any renovations needed.

4. Engagement in community

With owning a home, you can attend community events and have all the game nights you want!

5. Flexibility in future decisions

Owning a home not only helps you build wealth through home equity, which is money you can get once the house is sold, but it also allows you to easily move on to the next home.

Amerifirst Mortgage Powered by American Pacific Mortgage logo
Barret Financial, Inc.**, 1550 E. McKellips Road, Suite 117, Mesa, AZ  85203 (NMLS # 145368). 1-877-276-1974. © 2023. All Rights Reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Barret Financial, Inc. is an independent mortgage lender and is not affiliated with the Department of Housing and Urban Development or the Federal Housing Administration. Not intended for legal or financial advice. Visit NMLS Consumer Access at