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
Homeowners Over 62 in California Arizona Nevada and Utah Have a Powerful Tool Most Never Use
The Most Underutilized Financial Tool Available to Senior Homeowners Right Now
If you are a homeowner over the age of 62 in California, Arizona, Nevada, or Utah and you have built significant equity in your home over the years there is a financial tool available to you that most people in your position have never fully explored. Nathan Rufty with Canopy Mortgage wants to change that.
A reverse mortgage is not a scary term. It is not a trap. It is not the bank trying to take your home. It is a legitimate and powerful financial program that can turn the equity you have spent years building into real financial freedom without ever requiring you to sell the home you love.
What a Reverse Mortgage Actually Is and How It Works
The foundation of the reverse mortgage is something that surprises most people when they first hear it clearly explained. You keep full ownership and full control of your property. The bank does not want your home. The bank wants to lend you money against the equity you have built. You remain on title. The home remains yours.
No monthly mortgage payment is required as long as you maintain the property according to the program requirements. Those requirements are the same things most homeowners are already doing. Maintaining homeowners insurance. Paying property taxes which can be escrowed into the program. Keeping the property in livable condition.
The equity you access can come to you in whatever form works best for your situation. A lump sum if you have a specific and immediate financial need. Monthly payments if you want to supplement your retirement income on an ongoing basis. A line of credit that grows over time and can be drawn from as needs arise. Or any combination of those three structures that fits your specific goals and circumstances.
Who the Reverse Mortgage Is Actually For
As Nathan Rufty explains this program is a total game changer for retirees who want to eliminate the stress of an existing monthly mortgage payment and boost their monthly cash flow at the same time. Years of building equity in a home have created a financial resource and the reverse mortgage is the mechanism that makes that resource accessible without requiring you to leave the home you have built your life in.
The applications are as varied as the homeowners who use it. Eliminating a current mortgage payment that has become a burden on a fixed retirement income. Covering healthcare costs that were not fully anticipated in the retirement plan. Funding home improvement projects including building an ADU, repairing a roof, or updating a kitchen or bathroom. Simply having the financial flexibility to enjoy retirement the way you imagined it after decades of hard work.
Every one of those goals can be addressed by accessing equity that is already sitting in the home and that belongs to the homeowner entirely.
What You Need to Know Before the Conversation
Nathan Rufty brings care, honesty, and complete transparency to every reverse mortgage conversation. This is not a program where the goal is to push you toward a decision before you fully understand what you are agreeing to. The goal is for you to feel completely comfortable and confident at every step of exploring whether this program fits your situation.
If you are over 62 and own a home in California, Arizona, Nevada, or Utah call or text Nathan Rufty at Canopy Mortgage for a free no-stress no-hassle consultation. It does not hurt to have the conversation and the information you walk away with will help you make a decision that is genuinely right for you and your family.
Sources
HUD.gov
ConsumerFinancialProtectionBureau.gov
NRMLA.org
Investopedia.com
SocialSecurityAdministration.gov
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State Licenses
CA #CA-DOC292056
AZ #0946912
UT #12395907
NV #77114
