NMHL Mortgage Lending
Mortgage Lender in Gilbert, AZ
Local expertise and competitive rates for Gilbert homebuyers.
Gilbert Housing Market Overview
Explore mortgage options in Gilbert, AZ with NMHL. Our local expertise helps you navigate the Gilbert real estate market with competitive rates and personalized service.
See What You Qualify For
Takes about 5 minutes. No obligation. No credit check until you are ready.
Your Local Mortgage Partner
We understand the local market dynamics that affect your home purchase. Our team provides personalized loan options based on local property values and regulations.
Available Loan Programs in Gilbert
Explore mortgage options tailored to Gilbert homebuyers
First Time Home Buyer Mortgages
Special loan programs helping newcomers purchase their first home with favorable terms and support.
Learn MoreRefi-Shield
Learn MoreAdjustable-Rate Mortgage (ARM)
Financial flexibility and optimal rates with an Adjustable-Rate Mortgage – Your key to a dynamic homeownership journey
Learn MoreHigh-Value Appraisal Program
Learn MoreInterest Only Mortgages
Interest-only mortgages allow borrowers to pay only the interest for a set period, reducing initial monthly payments.
Learn MoreHome Equity Loans
Access the equity in your home with a fixed-rate home equity loan. Get a lump sum with predictable monthly payments for ...
Learn MoreFHA Loans
Federal Housing Administration (FHA) loans are government-backed mortgages designed to help first-time homebuyers and th...
Learn MoreFixed-Rate Mortgage
Lock in your interest rate for the life of the loan with a fixed-rate mortgage. Predictable monthly payments make budget...
Learn MoreBridge Loans
Bridge the gap between buying your new home and selling your current one. Short-term financing that gives you the flexib...
Learn MoreVA Loans
VA loans are a benefit earned by veterans, active-duty service members, and eligible surviving spouses. Backed by the De...
Learn MoreConventional Loans
Conventional loans are not backed by government agencies and typically offer the most flexibility for qualified borrower...
Learn MoreITIN Loans
Purchase a home using your Individual Taxpayer Identification Number (ITIN) without a Social Security Number. NMHL is co...
Learn MoreJumbo Loans
Jumbo loans exceed conforming loan limits and are designed for luxury properties and homes in high-cost areas. With comp...
Learn MoreDSCR Investment Loans
Debt Service Coverage Ratio (DSCR) loans qualify based on rental income rather than personal income. Perfect for real es...
Learn MoreBank Statement Loans
Bank statement loans are designed for self-employed borrowers and business owners who have difficulty documenting income...
Learn MoreReverse Mortgages
For homeowners 62 and older, reverse mortgages allow you to access your home equity without monthly payments. Stay in yo...
Learn MoreUSDA Mortgages
USDA Rural Development loans help moderate-income buyers purchase homes in eligible rural and suburban areas. With no do...
Learn MoreHeloc
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Understanding Gilbert's Local Housing Market
Gilbert's housing market is characterized by a mix of older and newer homes, with a growing number of luxury developments. The median home price is around $430,000, with prices varying depending on the neighborhood and property type. Our experienced loan officers at NMHL have in-depth knowledge of the local market and can help you navigate the complex process of buying or refinancing a home in Gilbert.
The town's population has grown significantly in recent years, driven by its strong economy, excellent schools, and family-friendly atmosphere. As a result, Gilbert has become a popular destination for homebuyers, with many seeking mortgage lenders in Gilbert to help finance their home purchases.
NMHL's local expertise helps you navigate Gilbert's complex housing market with confidence.
Gilbert's Notable Neighborhoods and Areas
Gilbert has many desirable neighborhoods, each with its unique character and advantages. Some of the most popular areas include:
- The Heritage District, with its charming downtown area and historic homes
- Downtown Gilbert, featuring a mix of older and newer homes, as well as a vibrant arts scene
- Val Vista Lakes and Greenfield Lakes, master-planned communities with lakes, parks, and recreational facilities
- San Tan Ranch, a large master-planned community with a mix of housing types and amenities
Our experienced loan officers can help you navigate these neighborhoods and find the perfect home for your needs.
NMHL can help you find the right mortgage for your dream home in Gilbert's desirable neighborhoods.
Mortgage Options for Underserved Borrowers in Gilbert
At NMHL, we understand that not all borrowers fit the traditional mortgage mold. That's why we offer a range of mortgage options for underserved borrowers, including:
- Self-employed borrowers: We offer alternative income documentation options to help self-employed borrowers qualify for a mortgage.
- Bad credit: Our 'Credit Rebuild' program is designed to help borrowers improve their credit scores and qualify for better mortgage rates.
- Veterans: We offer VA loans with competitive rates and terms, as well as specialized programs for veterans.
Our experienced loan officers will work with you to understand your unique situation and develop a personalized mortgage plan.
NMHL is committed to helping underserved borrowers in Gilbert achieve their homeownership goals.
Down Payment Assistance Programs in Arizona
Arizona offers several down payment assistance programs to help homebuyers with the upfront costs of purchasing a home. These programs include:
- Arizona Home Plus: Provides up to 4% of the home's purchase price towards down payment and closing costs.
- NMHL's Pathfinder program: Offers up to 4% of the home's purchase price towards down payment and closing costs.
Our experienced loan officers can help you navigate these programs and determine which ones you may be eligible for.
NMHL can help you access down payment assistance programs and achieve your homeownership goals.
Frequently Asked Questions
Mortgage rates in Gilbert vary depending on the type of loan, credit score, and other factors. At NMHL, we're currently offering competitive rates starting at 6.5% APR for a 30-year fixed mortgage. Contact us for a personalized rate quote and to discuss your mortgage options.
NMHL offers several mortgage options for first-time homebuyers in Gilbert, including FHA loans with down payments as low as 3.5%. We also offer specialized programs, such as our 'Fresh Start' mortgage, designed for borrowers with less-than-perfect credit. Our experienced loan officers will work with you to determine the best mortgage solution for your situation.
Gilbert property taxes are relatively low, with an average effective tax rate of 0.73%. The town's property tax rate is split between the state, county, and local school districts. As a homeowner, you'll need to factor property taxes into your overall housing costs. NMHL can help you understand how property taxes will impact your mortgage payments.
Gilbert has many desirable neighborhoods, including the popular Heritage District, Downtown Gilbert, and the master-planned communities of Val Vista Lakes and Greenfield Lakes. Each neighborhood has its unique character and advantages. Our experienced loan officers can help you navigate the local real estate market and find the perfect home for your needs.
Yes, NMHL offers mortgage options for borrowers with less-than-perfect credit. Our 'Credit Rebuild' program is designed to help borrowers improve their credit scores and qualify for better mortgage rates. We'll work with you to understand your credit situation and develop a personalized plan to get you pre-approved for a mortgage.
Yes, Arizona offers several down payment assistance programs, including the Arizona Home Plus down payment assistance program. NMHL can help you navigate these programs and determine which ones you may be eligible for. We also offer our own 'Pathfinder' down payment assistance program, which provides up to 4% of the home's purchase price towards down payment and closing costs.
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Ready to Buy in Gilbert?
Let NMHL help you navigate the Gilbert housing market with expert guidance and competitive rates.