Arizona Statewide
Arizona home loans, lent like Arizona deserves.
From a Phoenix starter in Maryvale to a Sedona second-home with red rock views, Arizona is six different markets stitched together. The financing should reflect that. Logan Loans handles every loan type the state asks for, with same-day pre-approvals and underwriting that actually understands Maricopa, Pima, Coconino, and Yavapai counties.
What financing looks like here
Three things that change the math in Arizona.
Property tax is genuinely low.
An effective rate near 0.6% versus 1.1% nationally means a $500,000 home costs about $3,000 a year in tax — half what it would in Texas or Illinois. That trims monthly PITI and improves your debt-to-income ratio, which often expands buying power by $40k–$70k.
HOAs are everywhere.
Most Phoenix-area subdivisions, master-planned communities, condos, and townhomes carry HOA fees from $80 to $500+ per month. We pull CC&Rs and reserve studies early so you're not surprised at closing — and so the dues don't quietly push your DTI past the threshold.
Insurance has its own quirks.
Monsoon damage, wildfire exposure at higher elevations, and pool requirements all factor in. We coordinate insurance binding around appraisal timing so your closing isn't held up by a quote that came in 30 days too late.
Local intel
A real read on the Arizona market.
The Phoenix metro just crossed five million people. The growth isn't slowing — buyers from California, Texas, Illinois, and Washington keep landing here, drawn by income tax that tops out at 2.5%, weather that's livable nine months a year, and a job market built on TSMC, Intel, healthcare, finance, and the trades. Maricopa County does the heavy lifting: Phoenix, Scottsdale, Tempe, Mesa, Chandler, Gilbert, Glendale, and Peoria together make up the bulk of statewide loan volume. Median price across the metro hovers around $445k, but neighborhood variance is enormous — Maryvale sits near $310k while Paradise Valley clears $3M.
Pima County is its own animal. Tucson runs roughly $310k median with a slower, calmer pace — University of Arizona faculty, retirees from the Midwest, and remote-work transplants. Foothills areas like Catalina Foothills, Oro Valley, and Tanque Verde push higher into the $600k–$1M range. Days-on-market is longer here than in Phoenix; appraisals take longer because the comp pool is thinner.
Flagstaff and Sedona are entirely different conversations. Flagstaff is a 7,000-foot mountain town with NAU-driven rental demand and four to five months of real winter — snow load, septic, and well-water all become underwriting factors. Sedona is dominated by second-home buyers and short-term rental investors, with strict STR ordinances inside city limits but open zoning in unincorporated Big Park and the Village of Oak Creek. Median in Sedona runs near $895k. Both markets have limited comparable sales, so appraisal turn times stretch.
Property tax is the quiet superpower. Arizona's 0.6% effective rate is one of the lowest in the country, and the state homestead exemption is robust. On a $500,000 purchase, your monthly tax escrow will run around $250 versus $450+ in higher-tax states. That $200/month difference compounds — it raises borrowing capacity by roughly $35k–$45k at current rates without changing your income.
Two seasonal dynamics matter. Monsoon (July–September) brings flash flooding and roof-damaging hail. Insurers price accordingly, and we always check elevation certificates near washes. Summer cooling load matters for HVAC age — a 15-year-old AC unit on a Phoenix home is a real underwriting issue and we'll often catch it before the appraisal does.
For first-time and repeat buyers, the Arizona Home Plus program offers up to 5% down payment assistance layered onto FHA, VA, USDA, or conventional loans. Income and purchase-price limits apply and vary by county. Home in Five covers Maricopa County and Pima Tucson Homebuyers Solution covers Tucson — both work the same way. Paired with a baseline FHA at 3.5% down, qualified buyers regularly close on a $400k home with under $2,000 of their own money after seller credits.
Common loan structures
How Arizona buyers actually finance.
Conventional 5–20% down
The default for most Maricopa and Pima County purchases under $806,500. PMI drops automatically at 78% LTV. Best fit for buyers with 680+ FICO and a clean two-year work history.
FHA + Home Plus DPA
3.5% down FHA stacked with up to 5% in down payment assistance. After seller credits, qualified buyers regularly close with under $2,000 of their own money on $300k–$400k homes.
Jumbo for $806,500+
Required across Paradise Valley, North Scottsdale, Arcadia, Biltmore, and parts of Sedona. Typical structure is 10–20% down with full doc, though we run bank-statement and asset-depletion programs for self-employed borrowers.
Frequently asked questions
Arizona mortgage questions, answered.
Get pre-approved on Arizona terms.
Same-day letter, real numbers, and an advisor who knows the difference between Arcadia and Anthem.
Explore Arizona