This is an advertisement.
Not a government agency. ASJ Mortgage Solutions, LLC is not acting on behalf of or at the direction of the Federal Housing Administration (FHA), the U.S. Department of Housing and Urban Development (HUD), the VA, the USDA, or any other federal or state government agency. This advertisement is not approved or endorsed by any government agency. FHA loans are insured by the FHA; borrowers must satisfy all FHA and lender eligibility requirements.
Not a commitment to lend. Information on this page is for general education, is subject to change without notice, and does not constitute a loan approval, rate quote, or commitment to lend. Rates, terms, programs, and guidelines may not be available at the time of application, commitment, or closing. All loans are subject to credit approval, underwriting review, income and asset verification, appraisal, and program guidelines. Not all applicants will qualify.
FHA mortgage insurance (MIP). FHA loans require an upfront mortgage insurance premium (currently 1.75% of the loan amount, which can be financed into the loan) and an annual premium (currently 0.45%–1.05% depending on loan term, LTV, and loan amount) paid monthly. With less than 10% down, MIP remains for the life of the loan; with 10% or more down, MIP applies for 11 years. MIP rates are set by HUD and are subject to change.
Down payment assistance programs. Home Plus (statewide) and Home in Five Advantage (Maricopa County) program terms — including income limits, assistance amounts, interest rates, and availability — are set by the administering agencies and change each program year. Figures cited on this page were last verified July 2026. Contact ASJ Mortgage Solutions for current program details and eligibility.
FHA loan limits. FHA loan limits vary by county and are updated annually by HUD, typically each January. Maricopa County, Pima County, and every other Arizona county each have their own limit. We confirm the current limit for your county during pre-qualification.
Gift funds & co-borrowers. FHA permits 100% of the minimum down payment to come from eligible gift sources (family members and other approved donors). Non-occupant co-borrowers are permitted under FHA guidelines but are subject to lender overlays and additional underwriting requirements.
Credit & waiting periods. FHA guidelines generally allow a 3.5% down payment with a credit score of 580 or higher; scores of 500–579 may qualify with 10% down. Waiting periods after a Chapter 7 bankruptcy discharge (generally 2 years) and foreclosure (generally 3 years) are FHA minimums; individual lender overlays may be stricter. Compensating factors may apply.
Reviews. Client testimonials and Google reviews cited on this page reflect individual experiences and are not a guarantee of rates, terms, savings, closing timelines, or loan approval. Your results may vary.
ASJ Mortgage Solutions, LLC dba Smart Options Mortgage · Company NMLS #1909669 · Licensed by the Arizona Department of Insurance and Financial Institutions (DIFI), Mortgage Broker License #MB-1005394 · Licensed in Arizona only.
ASJ Mortgage Solutions, LLC is a mortgage broker, not a direct lender, and can only assist with loans secured by properties located in Arizona. All loans are subject to credit approval, underwriting review, and program guidelines, which may change without notice. Information here is for general education, is subject to change, and does not constitute a loan approval, rate quote, or commitment to lend. Other limitations and restrictions may apply.
This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the State of New York will be accepted through this site.
