Steve Alonso's (steve_alonso) Blog

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Mortgage and Lending - Academy Mortgage Corporation - NMLS #229617
As rates continue to remain low, now is the perfect time to consider moving into that new home. The biggest obstacle we have to overcome is buyers not being aware of steps they need to take in order to put an offer on a home. Below are some reasons to share with consumers about why you need a pre...
There are a couple of factors that are contributing to why 2016 is the time to make a new home purchase. Capitalizing on some key positive trends in the housing market can really help buyers with their new purchase. Industry experts from Zillow,, and other home search sites agree that...
Academy Mortgage is happy to offer a new Jumbo 5/1 ARM. This program provides an affordable option for those looking to finance a higher loan amount. This 30-year Jumbo ARM is a great option for properties in counties not defined as high balance by FHFA when looking for 95% financing options from...
There have been some significant changes to the down payment assistance program. The Home In 5 down payment assistance program helps buyers get a government grant towards the down payment for FHA, VA and USDA loans. The following changes went into affect as of December 1st, 2015. Please contact u...
The Economy:Unemployment claims were up slightly but still remain low. The strong labor market could persuade Feds to increase the policy rates this year. Housing News:Home renovations are up from last year. The best year for home renovations was 2005 and the market is up 2.8% from that year. Ren...
As the year ends numerous builders in the Phoenix Metro Area are looking to move their inventory.  Even though there is still enough resale inventory and home prices are reasonable, deals on new builds can be found. Builders like other companies want to meet end of the year sales goals and are wi...
Not sure what a FHA loan can do for you? Hoping to figure out what option is right for your situation?There are several differences between FHA and conventional loans, not the least of which is that the Federal Housing Administration insures their loans if they meet certain criteria and are offer...
The prospect of home ownership can be both exciting and nerve-racking. If you don't have any experience with the home buying process, it can even feel a little overwhelming.The most important thing to remember is to not rush into anything. At times, the process can be so daunting that buyers eith...
Life changes have a way of dictating when you need to start looking for a new home. Perhaps your family is growing, or maybe it's shrinking. There are a lot of things that can come up. Whatever situation you find yourself in, you are now wondering whether it's a good idea to get a mortgage on a n...
There have been some siginifacant changes to FHA loans as of September 15th, 2015. FHA loans have often been viewed as a way for lower income households to achieve home ownership. FHA loans are overseen by the Department of Housing and Urban Developement which admisters any changes. Here is a qui...

Steve Alonso

Branch Manager, NMLS #229617
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