Phoenix Mortgage Loan Originator

Mortgage Loan Originator Serving Phoenix, AZ

Andrew Baker · NMLS 2688601 · (949) 665-9090

What credit score do you need for a mortgage in Phoenix, AZ?

There is no single minimum — it depends on the program. FHA loans generally start around a 580 score with 3.5% down, and conventional loans typically ask for more. VA sets no minimum score, though individual lenders apply their own overlays. Because Baker Lending works with 175+ wholesale lenders, Phoenix borrowers have more than one guideline set to work with.

How much is the down payment on a home in Phoenix?

That depends on the program. Conventional financing can go as low as 3% down, FHA requires 3.5%, and eligible veterans can use a VA loan with no down payment at all. Jumbo financing on higher-priced properties in Maricopa County generally requires more. Closing costs are separate from the down payment.

Can I get a mortgage in Phoenix if I'm self-employed?

Yes. Self-employed buyers in Phoenix whose tax returns do not show enough qualifying income can often use a bank statement loan, which qualifies you on 12 to 24 months of business or personal deposits instead. Investors buying rentals can use a DSCR loan, which qualifies on the property's rental income rather than personal income.

What is the typical closing timeline in Phoenix, AZ?

Most purchase loans in Phoenix close in about 21 to 30 days from a complete application. The timeline depends on appraisal turn times in Maricopa County, how quickly income and asset documents come back, and the dates written into your purchase contract. Refinances often run a little longer, since no contract deadline is driving the file.

Which mortgage programs do you offer in Phoenix?

Baker Lending originates conventional, FHA, VA, jumbo, HELOC and home equity, HEI/HEA, reverse, DSCR investor, and bank statement loans throughout Phoenix and the rest of Arizona. The 2026 conforming loan limit is $832,750 in most counties and higher in designated high-cost counties; anything above your county's limit is financed as a jumbo loan.