Your Local Mortgage Lender
Located in Arizona
Personalized Mortgage Experience
Nathan Rufty offers personalized service and loan options you'll love. We shop multiple lenders to find the best rate and product for you, getting you into your dream home faster.
With wholesale interest rates and cutting-edge technology, we make the mortgage process seamless. Trust the experts who focus solely on mortgages. Support your local community and experience elite client service.
Let us help you achieve your homeownership dreams!
The Home Loan Process
Mortgage Pre-Approval
Get pre-approved from one of our Loan Officers to see how much you can afford.
House Shopping
Work with a trusted Real Estate Agent to find a home you would like to move into.
Loan Application
Complete your home loan application to get the lending process started.
Don't take my word for it
Mortgage Programs
Experience the best mortgage experience located in Arizona.
Home Loan Options
Our experienced mortgage advisors will walk you through the best mortgage loan program that will fit your specific scenario.
Conventional Home Loans.
FHA Home Loans.
USDA Home Loans.
VA Home Loans.
Frequently Asked Questions
How often can I refinance my mortgage?
There is no limit to the number of times you can refinance. However, you must qualify every time you apply and there will be costs associated with closing the loan each time.
Can I buy a home if I do not have money for a down payment?
Yes! There are a number of bond programs that offer low or no down payment financing options.
How do I know which mortgage is right for me?
The key to choosing the right mortgage is to understand the range of options and features available to you, as well as your budget, circumstances, and goals. Our licensed mortgage professionals are here to help you navigate that process. The more you know, the more comfortable and confident you will be choosing the best option for you and your family.
How long will the loan process take?
The Truth in Lending Act (TILA) does not permit a lender to close a loan until at least seven (7) business days have passed from the date your application was received. A typical home loan takes 30 days, as a number of third-party services such as appraisals, title work, and credit are required in conjunction with the mortgage process. Once you familiarize your Loan Officer with the details of your specific loan scenario, they will be able to provide you with a more specific timeline.
Will I qualify for a home loan?
The only way to find out is to speak with a qualified mortgage professional. Our Loan Officers have helped numerous clients who didn’t know if they could qualify to become home owners. We take the time to understand your financial situation and long-term financial goals, and then match you with the loan program that best fits your needs. Your approval for a loan may also largely depend on the price of the home you are financing. Getting pre-qualified prior to beginning your home search can give you an idea of what you may be able to afford.
Why do people refinance their mortgages?
Homeowners typically refinance to save money, either by obtaining a lower interest rate or by reducing the term of their loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.
How much money will I have to pay upfront to buy a home?
This question does not have a simple, one-size-fits-all answer. The exact amount will depend on the price of the home you buy as well the type of mortgage financing you choose. Depending on your loan program, your down payment could be as much as 20% of the home’s price or as little as 3%, while some loans require no down payment at all.
Can I get a mortgage after bankruptcy?
You may still qualify for a home loan even if you have experienced a bankruptcy. The best way to find out if you qualify is to talk with a Loan Officer to discuss your options. Be sure to bring all paperwork regarding your bankruptcy so your Loan Officer can find the program that best fits your situation.
Should I lock my interest rate now, or wait until we are closer to our closing?
Interest rates fluctuate all day, every day. If an interest rate is good, it may be in your best interest to lock now. If you wait, you run the risk of an increase in rates later. If you are concerned that rates may go down after you lock, contact your Loan Officer to discuss your options. Some programs allow you to lock for an extended period and choose to lower your rate should a better one become available.
Most Recent Blog Updates
Arizona Seniors 62 and Older Can Use Home Equity to Fund Long Term Care and Here Is How It Works
The Healthcare Cost That Catches Most Retirees Off Guard
Healthcare is one of the largest expenses any retiree will face and for many Arizona seniors the planning conversation around how to fund those costs has not happened yet. Long-term care insurance premiums. Home care services. Medical expenses that Medicare does not fully cover. Home modifications that make aging in place safe and practical as needs change over time.
These costs are real, they are significant, and they are coming regardless of whether a plan exists to meet them. Nathan Rufty at Canopy Mortgage works with Arizona seniors 62 and older to show them how the equity sitting in their home can become the flexible funding source that addresses exactly these needs.
What a Reverse Mortgage Makes Possible for Long-Term Care Planning
A reverse mortgage allows eligible Arizona homeowners to convert their home's equity into accessible funds without selling the property, without taking on a monthly mortgage payment obligation, and without giving up ownership or control of the home they love.
Those funds can be directed toward whatever healthcare planning requires. Long-term care insurance premiums that protect against the cost of future care needs. Home care services that allow seniors to remain in their home rather than transitioning to a facility. Medical expenses and out-of-pocket healthcare costs that accumulate over time. And home modifications that support aging in place including accessibility improvements, safety upgrades, and the physical changes that allow a home to accommodate evolving mobility and health needs.
At the same time a reverse mortgage can eliminate the existing monthly mortgage payment if one is in place, freeing up additional monthly cash flow that can be directed toward healthcare costs, daily living expenses, or whatever the retirement picture actually requires.
What Stays the Same
You keep full ownership and control of your home throughout the life of the reverse mortgage. The bank does not take ownership. Title remains in your name. There are no required monthly mortgage payments. The obligations that remain are the standard expectations of homeownership. Keep the home maintained to a livable standard. Stay current on property taxes and homeowners insurance. Live in the home as your primary residence.
Your family gains peace of mind knowing that a plan exists to address the healthcare costs that retirement will bring without requiring a home sale or a depletion of other assets to meet those needs.
The Conversation Worth Having With Your Family
Nathan Rufty walks seniors and their families through the entire process together. The questions families have about what happens to the home, what the obligations are, and what the options look like when the time comes deserve clear and honest answers rather than uncertainty. He presents every option with care and clarity so that the decision made is the right one for the specific situation rather than a generic recommendation.
Text, call, or email Nathan Rufty at Canopy Mortgage for a free consultation. He looks forward to connecting with Arizona seniors and their families to discuss how a reverse mortgage can put your home's equity to work for the long-term care planning that every retiree deserves to have in place.
Sources
HUD.gov
NRMLA.org
ConsumerFinancialProtectionBureau.gov
FHA.com
ArizonaDepartmentofHousingAndUrbanDevelopment.gov
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State Licenses
CA #CA-DOC292056
AZ #0946912
UT #12395907
NV #77114
