YOUR LOCAL ARIZONA MORTGAGE BROKER
LET US DO THE SHOPPING FOR YOU, WE ARE APPROVED WITH OVER A DOZEN LENDERS!
WE ARE WHOLESALE BROKERS, NOT RETAIL BANKERS
WE ARE HERE TO SHOP FOR YOU! We are NOT a BANK that operates off ONE high margin rate sheet. Every buyer has a different scenario and we shop your file with over a dozen lenders to get you the LOWEST Rate/APR. We charge ZERO origination fees or discount points. We are typically $1200-$1800 less at closing and are on average 1/4 point better in Rate/APR than other lenders. The Rate/APR spread of one quarter point on a 30 year fixed mortgage translates into a savings of $13,680 over the life on a loan amount of $250,000.
ASK ABOUT OUR RENOVATION LOAN! WE CAN SHOW YOU HOW TO FIX UP YOUR CURRENT HOME OR RENOVATE THAT FIXER UPPER SITTING ON THE MARKET! IT'S SIMPLE, YOU PICK YOUR UPGRADES, GATHER BIDS FROM LICENSED CONTRACTORS, AND WE HANDLE THE REST!
WE CAN SHOW YOU HOW TO ADD THAT SWIMMING POOL, UPDATE YOUR KITCHEN, BATHROOMS, FLOORING, AND BUILD THAT GUEST HOUSE ALL IN ONE FIXED MORTGAGE PAYMENT!!!!
LOAN PRODUCTS
DID YOU KNOW THAT YOU CAN TRANSFER YOUR CONVENTIONAL APPRAISAL? WE HAVE SEVERAL LENDERS THAT ACCEPT YOUR CONVENTIONAL APPRAISAL ALLOWING YOU TO SHOP AFTER YOU GO UNDER CONTRACT.
- Renovation Loans for Purchase or Refinance
- 1.5% Down Purchase Loans ( DPA ) to a 580 FICO
- 90% LTV High Balance up to $726,575 to a 680 FICO
- FHA/VA Loans to a 500 FICO
- 95% Debt Consolidation Refinance, NEW!!!
- VA Cash Out to 100%
- VA Renovation Loan up to $50,000
- 12 month Bank Statement loan for Self Employed only 10% down
- 95% LTV Jumbo up to 3M
- Reverse Mortgage and HECM for Purchase
ABOUT US
Compass Mortgage Planners was founded to ensure that ALL homeowners have access to the LOWEST possible Rate/APR with no junk fees. We are an Arizona owned and operated company. We will beat any quote with a valid Loan Estimate. We always present multiple options to our clients to meet their payment objectives while maximizing their equity position. We are available seven days per week to answer any and all questions.
BROKER vs. BANKER, what's the difference? A Mortgage Bank has a bloated cost structure with many layers of management and back office staff resulting in MUCH higher rates/fees to the consumer. A Mortgage Broker is a local independent mortgage expert that matches homeowners/buyers with the best lender for their particular scenario. We are small business owners with very little overhead and we pass the savings to the consumer. This allows us to offer WHOLESALE pricing, NOT HIGH RETAIL pricing to the buyer.
President / Founder Bert Wunderlich is an Arizona native born and raised in Tempe. He has worked for America's largest mortgage lenders from FDIC, Online Mortgage, and Retail Mortgage Banking. He started this company because a small mortgage brokerage is the best place for the American consumer to get a home loan. Due to his decade of experience in all current mortgage models, Compass Mortgage Planners is positioned to find the best financing terms available for current and future homeowners.