FHA single-family mortgages in ARIZONA can have down payments as little as 3%. In some cases, FHA insurance allows homebuyers to finance approximately 97% of the value of their home purchased with their FHA mortgage.

FHA Loan Rates

December 20, 2014
FHA Rates for December 20, 2014
30 Year Fixed
3.25% Rate
3.29% APR
15 Year Fixed
2.75% Rate
3.0% APR
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FHA Appraisers in ARIZONA

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Arizona is known for its harsh desert climate in the summer, though the northern part of the state features pine forests and mountain ranges with cooler weather. Northern Arizona is home to the Grand Canyon, one of America's first national parks and one of the seven natural wonders of the world. Arizona's largest city is Phoenix, the state's capital. Other large cities include Tucson, Mesa, Gendale, Chandler, Scottsdale and Yuma.

Early in its history, Arizona relied on copper, cattle, cotton, citrus, and tourism for its economy. Copper is still mined extensively, accounting for two-thirds of the nation's output. At one point, Arizona was one of the largest producers of cotton in America.

Due to its numerous golf courses, the PGATour makes several stops in the state. Then NCAA's oldest rivalry is in this state – one between Arizona State University and the University of Arizona. The annual contest between these schools is aptly named the "Duel in the Dessert." Arizona is also a popular location for MLB's spring training, as it is the site for the Cactus League.

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