Page 1

Brady Holland Mortgage Planner

Arizona Homeowner September / 2010

imortgage 4800 N. Scottsdale Rd., Suite 1000 Scottsdale, Arizona 85251 RETURN SERVICE REQUESTED

Real estate financing can be a daunting task. And that is especially true in today’s world where lenders are more cautious about lending due to economic uncertainty. I understand that choosing a mortgage is one the biggest decisions that you will make. You want the best interest rate and you want the pre-approval, application, and close of escrow process to be hassle-free. I understand. I listen to your needs. And I respond quickly and deliver. Let me put my nearly two decades of residential lending experience to work for you!

Adding

• The needs of every client are different. I specialize in tailoring a loan and financing strategy that will best fit the individual needs of each client.

MORTGAGE RATES

• Have you ever closed on a mortgage and later had remorse that you may have picked the wrong loan program or paid too much in fees? I offer a benefit analysis on every loan to ensure that the loan program and the associated costs are the best fit and in the best interest of the client.

as of 8/3/10

Loan Rates for $150K-$417K:

• I use the latest lending technology to deliver a loan credit decision in hours, not days.

• 30-Year Fixed: 4.375%/4.556% APR • 15-Year Fixed: 3.875%/4.189% APR • 5/1 ARM: 3.375%/3.588% APR

• Closing thousands of loans over the course of my career assures you that as an industry veteran I have the knowledge and expertise to handle every situation. • My impeccable reputation is my best asset. I always strive to exceed your expectations and earn your business for life!

Call me today!

To Your Home Decor

Loan Rates for $418K-$1.5M: • 30-Year Fixed: 5.125%/5.250% APR • 5/1 ARM: 3.750%/4.026% APR • 7/1 ARM: 4.000%/4.235% APR *Note: All rate quotes offered at 1% origination fee for primary home purchase or no cash-out refinance financing with 720+ FICO score. Loans under $417K are quoted based on 20% equity while loans over $417K require 20%-30% equity. Other financing options are available upon request.

Brady Holland

Mortgage Planner NMLS ID 180079

Office: 480.388.8452 Mobile: 480.272.3282 Brady.Holland@imortgage.com www.imortgage.com/Brady.Holland

MARKET WATCH UPDATE

In the lending world we have actually seen some recent easing

of down payment requirements. And that is a good sign. For clients with high credit scores, the 10% down conventional loan program has been revised to 5% minimum down payment. And we still also have 3.5% down payment FHA loans in addition to 0% down VA and USDA loans. In real estate news, we saw a good run up of local home sales through June due in large part to the homebuyer tax credit program deadline. And in continued good news, the average Metro Phoenix

best valley spots to “get mugged!” Metro Microbreweries

home sales price actually edged up almost 2% from this time last year. It will be interesting to see how the market holds up now that the home buyer tax credit has expired. However, we expect the recent drop in mortgage rates to a 40-year low to help keep home sales moving both locally and nationally.

AZBK 0903725

Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net

brewtastic bbq

Gordon Biersch’s Märzen Sauce Ribs


Event Calendar September 2010 Phoenix Cooks JW Marriott Desert Ridge Resort, September 4th phoenixcooks.com Indulge in delectables from over 50 local restaurants and sample from boutique wineries and microbrews. Mingle with top Valley chefs, watch cooking demonstrations on three Performance Kitchen Stages and learn in an intimate and interactive environment how to cook like a top chef! Plus, win raffle prizes fit for a foodie with 100% of the proceeds benefiting Phoenix Children’s Hospital.

Ravioli Workshop Sur la Table, September 11th 480.998.0648 | surlatable.com Cooking classes at the Kierland Commons location have proven to be in high-demand. Take a break from the heat and join Anne-Marie Bianco as she instructs this hands-on class dedicated to everyone’s favorite Italian pasta – ravioli! Make reservations in advance as the classes generally fill quickly. Arizona Restaurant Week Local Restaurants, September 18th – 26th 602.307.9134 x16 | arizonarestaurantweek.com Always wanted to try that new local restaurant or anxious to revisit an old favorite? Foodies unite! During this week-long event, 150 restaurants will offer a three-course meal of signature dishes for $19, $29 or $39 per person. Look for the wine glass icon next to a restaurant listing which indicates a drink is included in the price. Some fabulous restaurants participating this year include Modern Steak, Ocean Prime and Ruth’s Chris. Ballet under the Stars Various Locations, September 22nd – 26th 602.381.1096 | balletaz.org Spend a relaxing evening under the gorgeous Arizona sky as Ballet Arizona continues its annual season-opening tradition with Ballet under the Stars. The entire family can enjoy a combination of classical and contemporary works in a casual setting for free. Performances are scheduled for Glendale, Sun City West, Phoenix, Fountain Hills, and Tempe. Bring a blanket, plenty of cool drinks and soak up some culture! It’s in the Bag Phoenix Art Museum, September 24th 602.257.1222 | phxart.org Bring your gal pals to this ultimate girls’ night out. Enjoy signature cocktails, appetizers and live entertainment to dance the night away. The highlight of the evening is the silent and live auctions where each item up for bid is featured in a thematic bag such as a designer handbag with theatre tickets and a gift card, or a backpack filled with the latest hiking gear.

Ever feel like your home is a little hum-drum? A little too beige and white? A little short on drama and flair? Well, go ahead and spice things up with these yawn-defying décor tips. We guarantee if you go for the bright orange throw pillows over the tried-and-true tan just this once, you really won’t regret it. Before long, your abode will feel energized and alive—and so will you! Don’t be afraid of bold and bright colors. The easiest way to get drama in your home is to add some fiery color. Red, oranges, yellows, and even purples and pinks will add that dramatic flair you crave. Don’t want to commit to a red room just yet? Leave your walls neutral and add some red splashes to your room. Think accent chairs and occasional tables that don’t necessarily play center stage, a strategically placed boldly colored lamp or a bright vase. A touch of vibrant color in even the most mundane of spaces will enliven the environment. For those truly color-shy, try the drama of an all black-and-white or black-and-brown room. Or try going completely neutral on your walls to let your furniture pop. Another new trend? Instead of leaving your ceiling white, add some drama and draw the eye up by painting your ceiling a cool color, such as gray, violet, or powdery blue. It will automatically make your ceiling look higher. Welcome wallpaper into your home. Tired of paint? Bold-patterned wallpaper will add some serious excitement to your rooms, without having to make a very long commitment. The perfect place to try out some bold paper: bathrooms, entryways, and hallways. The bolder the better—here’s where geometrics, iridescents, large prints, and florals play out and give your home the decorator touch you’re looking for. Focus on scale and size (as in supersize!). Think big when you want dramatic décor. Although a collection of small vases on a side table or plates hung on a wall can look beautiful, one or two oversized vases or jumbo plates will pack more power than their tiny counterparts. And don’t forget the visual impact of height. Tall vessels with leggy branches of willow or long natural reeds will draw the eye and focus the space. Although a low tray or glass bowl will look attractive, a tall vase filled with lemons or seashells will create more of a dramatic impact. Select artwork that wows. Never underestimate the power of a very large-scale painting, print, or piece of art hung prominently over a mantle or dining table. The visual impact of one large canvas can provide major drama, often missed with more typically sized pieces. That said, a collection of smaller, similarly framed pieces of art or framed photos can give the same visual punch. And don’t forget that mirrors are a wonderful way to open up spaces and give a room instant brightness. Seek out shimmer. Nothing says drama more than large shimmering candlesticks or a crystal vase. Just remember that a little shimmer goes a long way. Use it as an accent and use it sparingly for optimum impact. Do the unexpected. Really want to add some drama? Go against your signature style now and again. If you usually go for rustic and natural looks, add something a bit more elegant into your mix of home décor. A toned-down crystal chandelier in a more rustic setting is guaranteed to pop, as is an earthy, wooden side table in an otherwise contemporary setting. Don’t be afraid to mix things up and be eclectic—you don’t want your home to look like a catalog or like it all came from one store.

Your Home

Dave’s Electric Brewpub | Tempe 480.967.5353 | daveselectricbrewpub.com Proprietor “Electric Dave” was the first in the state to apply for a microbrewery license 22 years ago. Today, four beers are made at the brewery in Bisbee—lager, IPA, pale ale, and oatmeal stout— and sold at the brewpub in Tempe. You’ll find traditional salads, sandwiches, and pub food. Four Peaks Brewing Company | Tempe 480.303.9967 | fourpeaks.com The brewery is in Tempe, the Four Peaks Grill & Tap is in North Scottsdale, but both offer handcrafted beers and pub food. Be sure to try the award-winning Kilt Lifter Scottish-Style Ale. If you head to the brewery, be sure to admire the architecture. The brewery is housed in a turn-of-the-century brick building once home to Pacific Creamery and Borden’s Creamery.

Papago Brewing | Scottsdale 480.425.7439 | papagobrewing.com With 30 beers on tap and daily changes, this is the place to go to try out some new microbrews. On tap are a mix of Papago brews and others showcasing microbreweries around the world. Pinnacle Peak Patio Steakhouse & Microbrewery Scottsdale | 480.615.1113 | pppatio.com This Western-themed microbrewery and restaurant has been around since 1957. It was originally a general store and rest stop for travelers. This joint is all about steak, chicken, and ribs served alongside several ales and seasonal brews. Oh, and live country music is served up nightly. Can you say authentic old Arizona? Rock Bottom Brewery Glendale, Phoenix, Ahwatukee, Scottsdale rockbottom.com This chain offers a range of brews all made on-site. Winner of numerous awards, this is technically a bigger brewery but since each brewery makes their own unique beers with unique recipes, we think it’s well worth mentioning. SunUp Brewery | Phoenix 602.279.8909 | sunupbrewing.com Offering seven different microbrews, SunUp was formerly the Sonoran Brewhouse. All the brews are made on-site—try the Armadillo Red Ale or the Vanilla Porter for some unique tastes.

Wondering what kind of beer to order next time you’re out at a microbrewery? Here’s how to tell a pilsner from an IPA. American Pilsner: Light in color, thin-bodied (Coors and Bud) Lager: Broader category of light-colored beer (Heineken, Corona) Pale Ales: A large family of golden-to-amber ales traditionally applied to bottled beer; American and English pale ales balance smooth malt and bright hops (Fat Tire, Bass) IPA (India Pale Ale): Generally stronger, paler, and “hoppier” than other pale ales; also boasts a higher alcohol content (Harpoon) Weizen: Unfiltered German wheat ale, also known as Hefeweizen (Samuel Adams Hefeweizen) Brown ale: A malty sweet beer, amber to brown in color (Newcastle, Sierra Nevada Brown) Porter: The first black beer of England; stout is stronger (Anchor Porter) Stout: Very dark and thick with a roasted flavor (Guinness) Sources: barticulate.com; craftbeer.com

Märzen BBQ Sauce Ribs

Local Flavor!

The Banner Health Pro-Am Golf Tournament Superstition Mountain Golf Club, September 10th 602.747.4483 | superstitionmtngc.com Golfers! Come hit the links at one of the country’s most revered golf courses at this annual event in support of Banner Health School-Based Health Centers. Individuals, foursomes and even corporate teams are invited to play. Sponsorships are also available.

Who doesn’t love a good cold mug of beer? Even better if it’s a microbrewed batch that tastes fresh and unique. But what makes a microbrewery, well, a microbrewery? Its size, of course. Generally speaking, a microbrewery produces less than 15,000 barrels per year, setting it apart from the beer giants. A brewpub, on the other hand, is a pub attached to a brewery where the craft beer is made and sold. If you love pale ales, lagers, and plain old pilsners, you’ve come to the right city. The Phoenix-metro area is home to several microbreweries and brewpubs. Here are a few favorites.

Gordon Biersch Brewery Restaurant Tempe, Glendale, Scottsdale, Gilbert gordonbiersch.com Serving handcrafted German lagers brewed on the premises, this brewery began some 20 years ago in Palo Alto, California, by two guys, Dan Gordon and Dean Biersch. Now a chain operating throughout the country, Gordon Biersch offers world-class brews and cuisine in an upscale setting.

RIBS: 5 lbs. baby back pork ribs, each slab cut into thirds 3 (12 oz.) bottles of Gordon Biersch Märzen beer 4 1/2 cups water

Featuring Gordon Biersch Brewery & Restaurant Tempe, Glendale, Scottsdale and Gilbert gordonbiersch.com

SAUCE: 1/4 cup oil 1 large onion 1/4 cup chopped garlic 1 qt. of your favorite BBQ sauce (Cattleman’s is preferred) 1/4 cup molasses 1/4 cup pureed canned chipotle chilis 1 bottle of Gordon Biersch Märzen Makes about 6 cups

Place ribs in a large pot. Cover with 50/50 mixture of Gordon Biersch Märzen and water. Bring to a boil. Reduce heat and simmer, uncovered, for 30 minutes. Turn off heat and let ribs cool to warm temperature. Meanwhile, you can prepare the sauce. In a large pot, sauté onions and garlic in oil until translucent. Deglaze the pan with the bottle of Gordon Biersch Märzen. Stir in your favorite BBQ sauce, molasses and chipotle chilis. Heat to simmering. Simmer over low heat, uncovered, for 30 - 60 minutes. When ribs are cool, drain off and discard liquid. In a large container, pour all BBQ Sauce over ribs and marinate in fridge a couple of hours or overnight. To finish, grill ribs over high flame until the sauce has caramelized on the outside of the ribs. Dip in the BBQ sauce remaining in the container a couple of times while grilling. Total grilling time approx. 5 minutes per side. Serve with additional sauce if desired.


Event Calendar September 2010 Phoenix Cooks JW Marriott Desert Ridge Resort, September 4th phoenixcooks.com Indulge in delectables from over 50 local restaurants and sample from boutique wineries and microbrews. Mingle with top Valley chefs, watch cooking demonstrations on three Performance Kitchen Stages and learn in an intimate and interactive environment how to cook like a top chef! Plus, win raffle prizes fit for a foodie with 100% of the proceeds benefiting Phoenix Children’s Hospital.

Ravioli Workshop Sur la Table, September 11th 480.998.0648 | surlatable.com Cooking classes at the Kierland Commons location have proven to be in high-demand. Take a break from the heat and join Anne-Marie Bianco as she instructs this hands-on class dedicated to everyone’s favorite Italian pasta – ravioli! Make reservations in advance as the classes generally fill quickly. Arizona Restaurant Week Local Restaurants, September 18th – 26th 602.307.9134 x16 | arizonarestaurantweek.com Always wanted to try that new local restaurant or anxious to revisit an old favorite? Foodies unite! During this week-long event, 150 restaurants will offer a three-course meal of signature dishes for $19, $29 or $39 per person. Look for the wine glass icon next to a restaurant listing which indicates a drink is included in the price. Some fabulous restaurants participating this year include Modern Steak, Ocean Prime and Ruth’s Chris. Ballet under the Stars Various Locations, September 22nd – 26th 602.381.1096 | balletaz.org Spend a relaxing evening under the gorgeous Arizona sky as Ballet Arizona continues its annual season-opening tradition with Ballet under the Stars. The entire family can enjoy a combination of classical and contemporary works in a casual setting for free. Performances are scheduled for Glendale, Sun City West, Phoenix, Fountain Hills, and Tempe. Bring a blanket, plenty of cool drinks and soak up some culture! It’s in the Bag Phoenix Art Museum, September 24th 602.257.1222 | phxart.org Bring your gal pals to this ultimate girls’ night out. Enjoy signature cocktails, appetizers and live entertainment to dance the night away. The highlight of the evening is the silent and live auctions where each item up for bid is featured in a thematic bag such as a designer handbag with theatre tickets and a gift card, or a backpack filled with the latest hiking gear.

Ever feel like your home is a little hum-drum? A little too beige and white? A little short on drama and flair? Well, go ahead and spice things up with these yawn-defying décor tips. We guarantee if you go for the bright orange throw pillows over the tried-and-true tan just this once, you really won’t regret it. Before long, your abode will feel energized and alive—and so will you! Don’t be afraid of bold and bright colors. The easiest way to get drama in your home is to add some fiery color. Red, oranges, yellows, and even purples and pinks will add that dramatic flair you crave. Don’t want to commit to a red room just yet? Leave your walls neutral and add some red splashes to your room. Think accent chairs and occasional tables that don’t necessarily play center stage, a strategically placed boldly colored lamp or a bright vase. A touch of vibrant color in even the most mundane of spaces will enliven the environment. For those truly color-shy, try the drama of an all black-and-white or black-and-brown room. Or try going completely neutral on your walls to let your furniture pop. Another new trend? Instead of leaving your ceiling white, add some drama and draw the eye up by painting your ceiling a cool color, such as gray, violet, or powdery blue. It will automatically make your ceiling look higher. Welcome wallpaper into your home. Tired of paint? Bold-patterned wallpaper will add some serious excitement to your rooms, without having to make a very long commitment. The perfect place to try out some bold paper: bathrooms, entryways, and hallways. The bolder the better—here’s where geometrics, iridescents, large prints, and florals play out and give your home the decorator touch you’re looking for. Focus on scale and size (as in supersize!). Think big when you want dramatic décor. Although a collection of small vases on a side table or plates hung on a wall can look beautiful, one or two oversized vases or jumbo plates will pack more power than their tiny counterparts. And don’t forget the visual impact of height. Tall vessels with leggy branches of willow or long natural reeds will draw the eye and focus the space. Although a low tray or glass bowl will look attractive, a tall vase filled with lemons or seashells will create more of a dramatic impact. Select artwork that wows. Never underestimate the power of a very large-scale painting, print, or piece of art hung prominently over a mantle or dining table. The visual impact of one large canvas can provide major drama, often missed with more typically sized pieces. That said, a collection of smaller, similarly framed pieces of art or framed photos can give the same visual punch. And don’t forget that mirrors are a wonderful way to open up spaces and give a room instant brightness. Seek out shimmer. Nothing says drama more than large shimmering candlesticks or a crystal vase. Just remember that a little shimmer goes a long way. Use it as an accent and use it sparingly for optimum impact. Do the unexpected. Really want to add some drama? Go against your signature style now and again. If you usually go for rustic and natural looks, add something a bit more elegant into your mix of home décor. A toned-down crystal chandelier in a more rustic setting is guaranteed to pop, as is an earthy, wooden side table in an otherwise contemporary setting. Don’t be afraid to mix things up and be eclectic—you don’t want your home to look like a catalog or like it all came from one store.

Your Home

Dave’s Electric Brewpub | Tempe 480.967.5353 | daveselectricbrewpub.com Proprietor “Electric Dave” was the first in the state to apply for a microbrewery license 22 years ago. Today, four beers are made at the brewery in Bisbee—lager, IPA, pale ale, and oatmeal stout— and sold at the brewpub in Tempe. You’ll find traditional salads, sandwiches, and pub food. Four Peaks Brewing Company | Tempe 480.303.9967 | fourpeaks.com The brewery is in Tempe, the Four Peaks Grill & Tap is in North Scottsdale, but both offer handcrafted beers and pub food. Be sure to try the award-winning Kilt Lifter Scottish-Style Ale. If you head to the brewery, be sure to admire the architecture. The brewery is housed in a turn-of-the-century brick building once home to Pacific Creamery and Borden’s Creamery.

Papago Brewing | Scottsdale 480.425.7439 | papagobrewing.com With 30 beers on tap and daily changes, this is the place to go to try out some new microbrews. On tap are a mix of Papago brews and others showcasing microbreweries around the world. Pinnacle Peak Patio Steakhouse & Microbrewery Scottsdale | 480.615.1113 | pppatio.com This Western-themed microbrewery and restaurant has been around since 1957. It was originally a general store and rest stop for travelers. This joint is all about steak, chicken, and ribs served alongside several ales and seasonal brews. Oh, and live country music is served up nightly. Can you say authentic old Arizona? Rock Bottom Brewery Glendale, Phoenix, Ahwatukee, Scottsdale rockbottom.com This chain offers a range of brews all made on-site. Winner of numerous awards, this is technically a bigger brewery but since each brewery makes their own unique beers with unique recipes, we think it’s well worth mentioning. SunUp Brewery | Phoenix 602.279.8909 | sunupbrewing.com Offering seven different microbrews, SunUp was formerly the Sonoran Brewhouse. All the brews are made on-site—try the Armadillo Red Ale or the Vanilla Porter for some unique tastes.

Wondering what kind of beer to order next time you’re out at a microbrewery? Here’s how to tell a pilsner from an IPA. American Pilsner: Light in color, thin-bodied (Coors and Bud) Lager: Broader category of light-colored beer (Heineken, Corona) Pale Ales: A large family of golden-to-amber ales traditionally applied to bottled beer; American and English pale ales balance smooth malt and bright hops (Fat Tire, Bass) IPA (India Pale Ale): Generally stronger, paler, and “hoppier” than other pale ales; also boasts a higher alcohol content (Harpoon) Weizen: Unfiltered German wheat ale, also known as Hefeweizen (Samuel Adams Hefeweizen) Brown ale: A malty sweet beer, amber to brown in color (Newcastle, Sierra Nevada Brown) Porter: The first black beer of England; stout is stronger (Anchor Porter) Stout: Very dark and thick with a roasted flavor (Guinness) Sources: barticulate.com; craftbeer.com

Märzen BBQ Sauce Ribs

Local Flavor!

The Banner Health Pro-Am Golf Tournament Superstition Mountain Golf Club, September 10th 602.747.4483 | superstitionmtngc.com Golfers! Come hit the links at one of the country’s most revered golf courses at this annual event in support of Banner Health School-Based Health Centers. Individuals, foursomes and even corporate teams are invited to play. Sponsorships are also available.

Who doesn’t love a good cold mug of beer? Even better if it’s a microbrewed batch that tastes fresh and unique. But what makes a microbrewery, well, a microbrewery? Its size, of course. Generally speaking, a microbrewery produces less than 15,000 barrels per year, setting it apart from the beer giants. A brewpub, on the other hand, is a pub attached to a brewery where the craft beer is made and sold. If you love pale ales, lagers, and plain old pilsners, you’ve come to the right city. The Phoenix-metro area is home to several microbreweries and brewpubs. Here are a few favorites.

Gordon Biersch Brewery Restaurant Tempe, Glendale, Scottsdale, Gilbert gordonbiersch.com Serving handcrafted German lagers brewed on the premises, this brewery began some 20 years ago in Palo Alto, California, by two guys, Dan Gordon and Dean Biersch. Now a chain operating throughout the country, Gordon Biersch offers world-class brews and cuisine in an upscale setting.

RIBS: 5 lbs. baby back pork ribs, each slab cut into thirds 3 (12 oz.) bottles of Gordon Biersch Märzen beer 4 1/2 cups water

Featuring Gordon Biersch Brewery & Restaurant Tempe, Glendale, Scottsdale and Gilbert gordonbiersch.com

SAUCE: 1/4 cup oil 1 large onion 1/4 cup chopped garlic 1 qt. of your favorite BBQ sauce (Cattleman’s is preferred) 1/4 cup molasses 1/4 cup pureed canned chipotle chilis 1 bottle of Gordon Biersch Märzen Makes about 6 cups

Place ribs in a large pot. Cover with 50/50 mixture of Gordon Biersch Märzen and water. Bring to a boil. Reduce heat and simmer, uncovered, for 30 minutes. Turn off heat and let ribs cool to warm temperature. Meanwhile, you can prepare the sauce. In a large pot, sauté onions and garlic in oil until translucent. Deglaze the pan with the bottle of Gordon Biersch Märzen. Stir in your favorite BBQ sauce, molasses and chipotle chilis. Heat to simmering. Simmer over low heat, uncovered, for 30 - 60 minutes. When ribs are cool, drain off and discard liquid. In a large container, pour all BBQ Sauce over ribs and marinate in fridge a couple of hours or overnight. To finish, grill ribs over high flame until the sauce has caramelized on the outside of the ribs. Dip in the BBQ sauce remaining in the container a couple of times while grilling. Total grilling time approx. 5 minutes per side. Serve with additional sauce if desired.


Brady Holland Mortgage Planner

Arizona Homeowner September / 2010

imortgage 4800 N. Scottsdale Rd., Suite 1000 Scottsdale, Arizona 85251 RETURN SERVICE REQUESTED

Real estate financing can be a daunting task. And that is especially true in today’s world where lenders are more cautious about lending due to economic uncertainty. I understand that choosing a mortgage is one the biggest decisions that you will make. You want the best interest rate and you want the pre-approval, application, and close of escrow process to be hassle-free. I understand. I listen to your needs. And I respond quickly and deliver. Let me put my nearly two decades of residential lending experience to work for you!

Adding

• The needs of every client are different. I specialize in tailoring a loan and financing strategy that will best fit the individual needs of each client.

MORTGAGE RATES

• Have you ever closed on a mortgage and later had remorse that you may have picked the wrong loan program or paid too much in fees? I offer a benefit analysis on every loan to ensure that the loan program and the associated costs are the best fit and in the best interest of the client.

as of 8/3/10

Loan Rates for $150K-$417K:

• I use the latest lending technology to deliver a loan credit decision in hours, not days.

• 30-Year Fixed: 4.375%/4.556% APR • 15-Year Fixed: 3.875%/4.189% APR • 5/1 ARM: 3.375%/3.588% APR

• Closing thousands of loans over the course of my career assures you that as an industry veteran I have the knowledge and expertise to handle every situation. • My impeccable reputation is my best asset. I always strive to exceed your expectations and earn your business for life!

Call me today!

To Your Home Decor

Loan Rates for $418K-$1.5M: • 30-Year Fixed: 5.125%/5.250% APR • 5/1 ARM: 3.750%/4.026% APR • 7/1 ARM: 4.000%/4.235% APR *Note: All rate quotes offered at 1% origination fee for primary home purchase or no cash-out refinance financing with 720+ FICO score. Loans under $417K are quoted based on 20% equity while loans over $417K require 20%-30% equity. Other financing options are available upon request.

Brady Holland

Mortgage Planner NMLS ID 180079

Office: 480.388.8452 Mobile: 480.272.3282 Brady.Holland@imortgage.com www.imortgage.com/Brady.Holland

MARKET WATCH UPDATE

In the lending world we have actually seen some recent easing

of down payment requirements. And that is a good sign. For clients with high credit scores, the 10% down conventional loan program has been revised to 5% minimum down payment. And we still also have 3.5% down payment FHA loans in addition to 0% down VA and USDA loans. In real estate news, we saw a good run up of local home sales through June due in large part to the homebuyer tax credit program deadline. And in continued good news, the average Metro Phoenix

best valley spots to “get mugged!” Metro Microbreweries

home sales price actually edged up almost 2% from this time last year. It will be interesting to see how the market holds up now that the home buyer tax credit has expired. However, we expect the recent drop in mortgage rates to a 40-year low to help keep home sales moving both locally and nationally.

AZBK 0903725

Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net

brewtastic bbq

Gordon Biersch’s Märzen Sauce Ribs

AZHO Holland Sep. 10  

arizona real estate