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
California Homeowners 62 and Older Who Are Researching Reverse Mortgages Need to Hear This First
You Did the Research. Now Let's Have the Real Conversation.
If you found this page because you were researching reverse mortgages in California you are in the right place. Nathan Rufty at Canopy Mortgage works specifically with homeowners 62 and older in California who are seriously considering this option and need someone who will give them the full picture honestly rather than a sales pitch.
The conversation Nathan wants to have works in both directions. If a reverse mortgage is the right fit for your situation he will show you why and walk you through how to move forward with confidence. If it is not the right fit he will tell you that too. The goal is clarity not a closed loan.
What the Reverse Mortgage Actually Is Now
The reputation the reverse mortgage earned in earlier decades does not reflect what the product looks like today. Ten, fifteen, or twenty years ago the concerns people heard about were legitimate. The product has been substantially modified since then and the modern Home Equity Conversion Mortgage is built specifically to benefit the homeowner.
The bank does not want your home. That is the foundational misunderstanding that stops more people from having this conversation than any other factor. The lender wants to lend you money against the equity you have built. When the time comes the equity in the home repays that loan. The bank wants the loan repaid. It does not want the property.
As Nathan Rufty explains this is a great program for the right situation and it has always been designed to benefit the homeowner. What has changed over the years is how well it delivers on that design.
Who This Program Is Actually For
If you are 62 or older in California and your retirement income is not keeping up with your monthly obligations a reverse mortgage may be worth a serious look. You have equity in your home. That equity is a financial resource. The reverse mortgage is the mechanism that lets you access it without taking on a new monthly payment through a traditional first mortgage or a HELOC that you have to pay back while you are already stretched.
The specific situations Nathan hears from California homeowners most often include retirement income that is not sustaining monthly expenses, medical conditions that require home modifications or long-term care funding, and the weight of ongoing debt that a freed-up equity position could meaningfully address.
If you need to modify your home for medical reasons and the equity is sitting there to fund it a reverse mortgage provides access to those funds without creating a new monthly obligation that makes the financial pressure worse.
The Conversation Your Heirs Deserve to Be Part Of
One of the most common hesitations Nathan encounters is concern about what happens to the home and what it means for heirs. That concern is worth addressing directly and the best way to address it is to get the right people on the phone together.
If your heirs have questions about what happens when the time comes for them to get involved Nathan is happy to have that conversation with them alongside you. Understanding the mechanics of how the loan works at payoff, what options heirs have regarding the property, and what protections exist under the FHA-backed HECM structure is information that often transforms a hesitation into a confident decision to proceed or a clear reason not to.
What to Do Next
If you are on the fence about a reverse mortgage in California the next step is a conversation. Not a commitment. Not an application. Just a conversation where Nathan Rufty will dive deeper, clarify the questions you have been sitting with, and help you feel genuinely comfortable about whatever direction makes the most sense for your situation.
Call or text Nathan Rufty at Canopy Mortgage directly at 909-503-5600. He is a licensed mortgage professional in California and he looks forward to hearing from you.
Sources
HUD.gov
NRMLA.org
ConsumerFinancialProtectionBureau.gov
FHA.com
Investopedia.com
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State Licenses
CA #CA-DOC292056
AZ #0946912
UT #12395907
NV #77114
