Buy a home in Arizona
Buying your first Arizona home, step by step.
From your first budget to the day you get keys, this is the order that keeps Arizona buyers out of trouble and in a strong position when they write an offer.
1. Know your real payment
Include taxes, insurance, mortgage insurance, and HOA dues — not just principal and interest.
2. Get pre-approved first
A documented pre-approval makes your offer credible and surfaces problems while there is time to fix them.
3. Match the program to you
Conventional from 3% down for eligible first-time buyers, FHA from 3.5%, and VA or USDA with no down payment for eligible borrowers.
4. Plan cash beyond the down payment
Earnest money, inspections, and closing costs all need funds. Gifts and seller credits can help.
Mortgage News Daily national 30-year fixed market average
7.55%
Shopping for a home? National averages don't tell the entire story. Your actual mortgage pricing depends on factors including credit, down payment, loan program, property type and loan structure.
Source: Mortgage News Daily — Daily Rate Index. Updated October 8, 2026.
Start a guided journey
Guides for this topic
The Arizona pre-approval checklist
Exactly what to gather before you tour your first home, and why each item matters.
CreditFive credit moves that raise your score before closing
Small balance changes can shift your pricing tier in under 30 days.
BuyingFirst-time homebuyer guide for Arizona
The order of operations from budget to keys, and the programs first-time buyers use most.
CostsWhat closing costs look like in Arizona
Lender fees, title and escrow, prepaid items, and how to read your Loan Estimate.
CreditDebt-to-income ratio, explained simply
The number lenders use to size your loan, how to calculate it, and how to improve it.
Getting startedMortgage broker vs. bank: what's the difference?
How wholesale brokers compare lenders for you, and when that matters most.
Common questions
General education only; not an offer or commitment to lend. All loans subject to credit approval and program guidelines. Russell Capital Mortgage, NMLS #2612126, is licensed in Arizona only.
Let's get you to the closing table.
Start your application online at your own pace, or talk to a licensed advisor first. Either way, your next step stays clear.