Phoenix Foreclosure Home Search - Free HUD home lists, information on how to buy HUD homes in Arizona and how to qualify to buy HUD foreclosure homes in Phoenix, and information on programs such as the Teacher Next Door, Officer Next Door, and down payment assistance programs

Phoenix foreclosure homes

How to buy foreclosure homes

Financing foreclosure homes

About us

How to Qualify for a Home Loan

How realistic is it for you to buy a home today?  For the experienced, qualifying for a loan is a familiar process of signing papers and verification of income.  For the first time home buyer, it may seem to be an experience of excessive exposure of private information and constant questions about personal financial matters.

Knowing what a lender will require when qualifying for a home loan not only informs you of the expectations from a loan officer but empowers you to analyze yourself and your financial picture before the process begins.

The following sections look into the major areas of qualifying: credit, income, and the down payment.  Choose from the following:

• Introduction to qualifying

• Credit analysis of a borrower

• Employment requirements of a borrower

• Down payment and source of funds

• Necessary documentation for a loan