Tempe Mortgage Lender

As an independent mortgage broker licensed in Arizona, Bayview Residential Brokerage helps Tempe buyers, homeowners and investors shop the whole market instead of a single bank's rate sheet. Home to Arizona State University, Tempe is a compact, close-in city with strong rental demand, a lively downtown and a mix of condos, townhomes and single-family homes. We match each borrower with the lender and program that fits, then handle the loan from pre-approval to closing.

Below is a plain-English guide to financing a home in Tempe in 2026: the local market, loan limits, the programs that apply, and the neighborhoods we serve.

The Tempe housing market in 2026

Tempe's close-in location keeps it in steady demand. As of mid-2026 the average Tempe home value is around $468,000, down about 1.3% year over year. Arizona State University drives a strong rental and investment market, while Tempe Town Lake, Mill Avenue and a growing base of technology employers keep owner-occupant demand healthy. Condos and townhomes near campus are common, alongside established single-family neighborhoods to the south.

Because Tempe attracts both first-time buyers and investors, the right loan can look very different from one purchase to the next, from a low-down first home to an investment property or a condo. We match the financing to your goals and shop multiple lenders for the best fit.

Loan programs for Tempe buyers

Conventional loans. The default for buyers with solid credit, with as little as 3% down for qualified first-time buyers.

FHA loans. A lower 3.5% down payment and flexible qualifying, popular with first-time and credit-building buyers. The 2026 FHA limit in Maricopa County is $557,750 for a single-family home.

VA loans. Eligible veterans and active-duty service members can buy in Tempe with a zero-down VA loan. Zero down payment and no monthly mortgage insurance for those who qualify.

USDA loans. Zero-down financing for eligible rural communities near the metro, for buyers within the income limits.

Jumbo loans. Financing above the $832,750 conforming limit for higher-priced homes. In Tempe this mainly applies to higher-end homes in South Tempe.

Reverse mortgages. For homeowners 62 and older who want to convert equity into cash without a monthly mortgage payment.

Down payment assistance for Tempe buyers

Arizona offers real help with the down payment. The statewide HOME+PLUS program pairs a 30-year fixed mortgage with down payment and closing-cost assistance of up to 5% of the loan amount. Typical guidelines include a household income under about $112,785, a minimum credit score of 640, and a short homebuyer education course before closing, and it works with conventional, FHA, VA and USDA loans. Depending on where in Tempe you buy, additional city or county programs may also apply. We check which programs fit your income and credit, and coordinate the assistance with your loan.

Buying across Tempe

Tempe packs a lot into a compact footprint. Downtown and Mill Avenue offer condos and townhomes with strong rental appeal, popular with investors and first-time buyers. South Tempe, along the Warner and Elliot corridors, holds established single-family neighborhoods favored by families, some reaching into higher price points. We tailor the loan to whether you are buying a primary home, a condo or an investment property.

How the process works with Bayview

1. Pre-approval. We review your income, credit and goals, then issue a pre-approval so you can shop with confidence and make strong offers.

2. Shop and compare. Once you are under contract, we shop your loan across our lender network and bring back the most competitive fit on rate and fees.

3. Underwriting. We manage document collection and work the file through underwriting, keeping you and your agent updated.

4. Closing. Most purchases close in about 30 days from contract. You sign, fund and get the keys.

Refinancing your Tempe home

Already own in Tempe? Refinancing can lower your rate or payment, shorten your term, or let you tap equity through a cash-out refinance for a remodel or to consolidate debt. With how much Valley home values have risen over the past several years, many local homeowners have more usable equity than they realize. We run the numbers both ways and only recommend a refinance if it actually moves you forward.

Tempe mortgage FAQs

What is the 2026 conforming loan limit in Tempe?

For 2026 the conforming limit in Maricopa County is $832,750 for a single-family home. Loans above that are jumbo loans.

Can you finance a condo or investment property in Tempe?

Yes. We finance primary homes, condos and investment properties, which is common near ASU. Condo and investment loans have their own guidelines, and we match you with a lender that fits.

Do you offer FHA and VA loans in Tempe?

Yes. FHA (2026 Maricopa limit $557,750) and VA loans for eligible borrowers, along with conventional, jumbo and reverse mortgages.

What down payment assistance is available in Tempe?

Arizona's HOME+PLUS program offers up to 5% in assistance for qualified buyers, and other local programs may apply.

Are property taxes high in Tempe?

No. Arizona assesses residential property at 10% of full cash value, and Maricopa County effective rates generally fall below the national average.

How long does it take to close in Tempe?

Most purchase loans close in about 30 days once you are under contract.

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Nearby cities we serve

Phoenix  ·  Mesa  ·  Chandler  ·  Scottsdale
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Plan your numbers

Affordability calculator  ·  Mortgage calculator  ·  Refinance calculator