Frequently Asked Questions

Buying a home can raise many questions, especially if this is your first time. Below, you can find answers to some of our most frequently asked questions.

During your consultation, we can expand on these answers and address any other questions you may have about applying for a mortgage. Please call (480) 618-5358 to schedule your consultation now.

Q: What loan programs do you offer?

A: We can connect customers with any of the following types of loans: conventional, jumbo, VA, USDA, and FHA.

We also can help you purchase an investment property. And if you are applying for a mortgage without a W-2, you can use our bank statement loan application process.

By offering a wide variety of loan products and different options for documenting your income, Misty Garrison ensures that every customer’s needs are met.

Q: What are your mortgage rates?

A: There is no way to give a blanket answer to this question, because mortgage rates are constantly fluctuating.

Also, your qualifications, the type of mortgage you are applying for, and additional factors can all have an impact on the rates you receive.

While we can provide you with estimates, that is only possible to do if you provide us with some basic financial information.

Q: Can I buy a home without perfect credit?

A: It is a common myth that it is only possible to purchase a home with a perfect credit score. But a range of mortgage products are suitable for situations where credit may be less than ideal. Some examples include FHA loans, VA loans, and USDA loans, all of which are backed by government agencies.

At your consultation, Misty can help you to find out whether you may be eligible for any of these programs.

Q: How much do I need for the down payment?

A: The exact amount you need to cover your down payment depends on the type of mortgage for which you are applying as well as your borrower qualifications.

While a 20% down payment is what many borrowers expect, there are some mortgage products that feature lower down payments with the right qualifications.

Once again, you might want to think about applying for an FHA, VA, or USDA mortgage. FHA loans can have low down payments, and VA and USDA loans can have zero down payment.

Many borrowers also can qualify to purchase a home with a conventional loan with a low down payment as well.

Q: Do you serve my area?

A: Misty Garrison works with customers in Tempe and throughout the state of Arizona. No matter where you are shopping for a home or looking to refinance in AZ, she can help you find a suitable mortgage.

See What Our Clients Are Saying About Us

Mortgages by Misty

5.0

Based on 23 reviews

See all reviews Write a review

Sonya Banks

15:28 23 Nov 22

Misty was very helpful at helping me through the whole process. So grateful to have met her. Thank you for everything!!

Amanda Parks

00:31 23 Nov 22

Misty is amazing! She was able to help us refinance (twice) in order to get lower interest rates; we have now paid off our house! Both times working with Misty she let us know all our options, what worked best for our goals and was so helpful. She is friendly and easy to work with, offers prompt service and very professional.

Alejandra

20:01 22 Nov 22

Misty made the process very easy and stress free. I highly recommend her!

shatacia williams

22:09 14 Nov 22

Umilta Edward

22:23 04 Nov 22

I would recommend Misty anytime. Our loan did not close on the schedule time because of delays beyond her control but she stuck with us till the end. She kept us updated till the funds were wired. Thank you again.

Tarisa Shelton

19:28 25 Oct 22

Misty was absolutely incredible in walking me through the mortgage process. I asked her the same question so many times because it was my first time going through the refinance process. She was so helpful and was able to lock my rate before it increased. Misty is incredibly knowledgeable, helpful, and advocates for you as her client. I couldn’t recommend her more if I tried! Thanks so much for all of your help Misty.

Eboni Morris-Perron

21:59 20 Oct 22

Misty Crockett is the ultimate professional! I purchased my home in 2020 and Misty was there to help me every step of the way. Her knowledge and years of experience about closing loans were invaluable. So invaluable, I recently used Misty services again to help refinance my home in order to complete my personal goals. She truly made the financial aspect of purchasing, and in my case, refinancing a comfortable and goal satisfying experience. Misty Crockett will be a lifetime professional resource for me and my family! She is attentive, punctual and listens to your goals.

Kristal Sharp

19:36 24 Aug 22

I was so impressed with Misty from day one. This purchase transaction was very sentimental for my family and she hand held this application from start to finish. 24 calendar days to be exact! I am in the mortgage industry and have purchased a home before but never have I experienced this type of service or seen things done so quickly and efficient! She is knowledgeable and knows her mortgage stuff so well. She was always available via text, email or phone even when she was traveling or at an appointment. She always made it a point to respond quickly even if she didn’t have an answer yet or resolution. She was truthful along the entire way and ensured my best interest was at the highest priority. I wish I could tell the world to use Misty on every transaction (wait….I am)! USE MISTY ON EVERY MORTGAGE PURCHASE AND REFI! You will not be left disappointed.

Nadia G-Williams

03:36 31 Jul 22

There are some who are capable but more interested in making money. She is capable and interested in helping your best interest. Misty has a wealth of knowledge in the finance field. She is professional and yet personable. More importantly she is honest about figures and options. She will help interpret numbers so you can make the best decision for yourself and/or family considering plans for today and in the future. Although, you will have to do your part, she will walk you through the process, and inform you of the next steps. When I met Misty, I was in the worse mortgage plan for myself. In my situation, if I had sold my home, I would have had to pay someone at the same time. Misty recommended I refinance my home to first get out of the situation. Therefore, regardless of if I sold my home or kept it, I would start building equity. My mortgage payment was due to increase tremendously, and with the refinance, it changed allowing the payment to be affordable. I have had many offers to address my finances and home needs, it is easy to say no knowing that I have Misty in my corner looking out for me.

Cheryl Newbanks

14:55 22 Jul 22

If you found Misty Garrison consider yourself very lucky! We are self-employed and had a difficult time getting financed and Misty got the job done in 30 days. I have bought eight houses in my life and I've never had a mortgage broker that works so hard to get the job done. She even answered my phone call the day after she got married, that's how dedicated she is to her business! The thing I love about her the most is that she's completely honest. You might not always like what she has to say, but she does get the job done and if you do exactly what she tells you to do you will end up with a house. We did a bank statement loan and they're typically a higher interest rate, but our rate was only one point higher than the national average. I'm extremely happy with Misty Garrison's performance and I would never buy a house with anybody but Misty Garrison from here on in. Thank you so much Misty for getting us our house we really appreciate you!

Rosalyn Moore

18:42 04 Jul 22

Misty is Excellent at her job she takes great care of you we have used her for a refi two times definitely will Recommend her to everybody

Melinda Hughes

16:04 04 Jul 22

Misty, is an amazing Mortgage Loan Originator and a pleasure to work with. She's confident, kind and extremely experienced. She 100% walked me through the entire process, she kept me updated on every aspect of my loan, explaining each detail in a way that was very easy to understand. I could not have chosen a better person to take care of my lending needs. Misty is highly professional and yet very personable. I can truly say that Misty had my best interest at heart when structuring a loan for me. She made the experience enjoyable. Because of Misty expertise, I was able to get into my new home.

Shyla Bassey

19:01 27 Jun 22

I have referred many clients and have personally worked with Misty. She goes above and beyond to identify the best options for her clients. She is knowledgeable and makes the process simple for her clients. I look forward to continuing to help more clients and referring them to Misty for guidance.

Jovanna Campbell

02:51 22 Jun 22

Working with Misty is like working with family. It was relaxed, easy, comfortable and quick. I couldn’t have asked for a better experience.

1st Source Movers Llc

00:44 21 Jun 22

Misty, Thank you once again! I know the type of loan I applied for was a little different. I know it wasn’t easy. I appreciate you having confidence knowing their was a lender out there that would take on my loan. Being self employed I had to jump though a whole lot of loops. You did it! You maid it happen . I really appreciate you and your team. Keep up the great work! I hope to work with you again soon. Thanks!!!

Brittnee Ray

05:07 27 Feb 22

After working with other companies/programs and nothing working out, we were getting desperate. We reached out to Misty, who we had heard such great things about.She worked her hardest to give us the best rate and deal she could and at the end of the day, she did just that.Within a week, we had a found a home!It was so exciting.We didn’t think we’d ever become homeowners but Misty made it happen and we’re so grateful!I make sure to always have her business cards on hand and we recommend her to any and everyone that’s in the market.Our family is looking forward to working with Misty again when we refinance!

N’ice Creme Butters, LLC

18:01 25 Feb 22

My name is Aisha, owner of NCB, LLC. From the moment I decide I wanted to become a homeowner Misty was there for me every step of the way. I was referred to her by my Realtor while also given the option to look elsewhere. I’m so glad I stuck with Misty. This was no rush job, she guided me through everything from what I needed to do to get my credit in order, to guiding me to keeping my credit in order. This was an 18 month + project for me, but Misty assured me patience would pay off and it certainly did. She got me an awesome Rate, 0$ additional closing cost ( DP Only) and ANY question or concern I had ( and I ask lots of questions) she addressed them, even if they were repetitive! Do not purchase any real estate without her, I sure won’t!

Stephen & Oyeen Brown

16:54 10 Jan 22

Highly recommend!

Ravyn Jackson

20:55 08 Jun 20

My husband and I were initially apprehensive about refinancing our home because we did not know if we were going to see savings and the market was all over the place. After discussing our options with Misty, she explained the process and reassured us that she would get the best rate possible for us. This woman DELIVERED!! Not only did we significantly reduce our interest rate, our payment went down, we did not have to come out of pocket, AND we got money back when the loan funded. I will recommend Misty hands down without question every time. Thank you Misty, you're a beast!!

Jarron Anthony

21:43 05 Jun 20

Misty was a great help in our first time home buying process. She helped us in more ways than one when it came to closing on our new home. She is very personable, professional, and takes care of business. We hope to utilize her great service again in the future!

Talia Soto

05:10 18 Mar 20

Misty Garrison is a five star home mortgage loan officer. I was looking for a good mortgage lender and a friend referred me to her. Misty recently refinanced my mortgage loan and made the process so easy. She got me the best rate possible, thoroughly answered all of my questions, and remained patient with me when there were things I didn’t understand. Misty is very knowledgeable and highly recommended.

Syerita Loman

03:32 18 Mar 20

Misty Garrison’s overall concern, professionalism, and expertise goes well above expectation. She makes the home buying process very seamless and easy to understand for first time and seasoned homebuyers. I look forward to continued business with you in the future.Syerita Loman, REALTOREXIT Realty Expanded VisionGilbert, AZ

Amanda Parks

17:52 16 Mar 20

Misty was excellent! She offered many options for my refinance and explained everything in detail. She was available any time I had a question and was patient in explaining everything to me.The process was quick and smooth and she was able to work around my family’s hectic schedule. I highly recommend Misty to anyone who has questions about mortgages or refinancing. She is an excellent guide!

Misty is Here to Answer All of Your Questions About Mortgages

Ready to get the answers you are looking for about the home loan process? Contact Misty Garrison today at (480) 618-5358 to schedule your consultation. You are closer than you think to getting the keys to your new home.

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