You can finance the following property types using AEA's standard mortgage products:
- Single Family Residences and Townhouses
- Condominiums (maximum of 90% loan to value)
- Planned Unit Developments (PUD)
We will finance up to 95% of the purchase price or appraised value, whichever is lower (condos and jumbo loans only 90%) for purchase transactions.
We will finance up to 90% of the appraised value for no-cash out refinance transactions.
We will finance up to 75% of the appraised value for cash-out refinance transactions.
We can finance the property with the following occupancy types:
- Owner Occupied
- Second/Vacation Home
We currently finances mortgages in the State of Arizona