Honoring Your Service With the Right Mortgage

Mark Merry at Granite Bank has helped veterans and active-duty service members across Scottsdale and the greater Phoenix area use their VA home loan benefit to buy homes with zero down payment, no private mortgage insurance, and competitive interest rates. If you’ve served, you’ve earned one of the most powerful mortgage benefits available — and Mark can help you use it.

Call (480) 442-7487 to get started today.

VA Loan Eligibility Requirements

VA loan eligibility is based on your military service history. You may qualify if you are:

  • An active-duty service member with at least 90 continuous days of service
  • A veteran with qualifying service (requirements vary based on when you served)
  • A National Guard or Reserve member with at least 6 years of service, or 90 days of active-duty service under Title 10 orders
  • The surviving spouse of a service member who died in the line of duty or from a service-connected disability

Eligibility is confirmed through a Certificate of Eligibility (COE). Mark can pull your COE quickly — it’s often faster than people expect.

VA Loan Benefits in Scottsdale

VA loans stand out in Scottsdale’s competitive market for good reason:

  • No down payment — 100% financing on the full purchase price
  • No PMI — saving veterans hundreds of dollars per month compared to conventional loans with less than 20% down
  • Lower interest rates — VA loans consistently offer rates below conventional loan averages
  • Limited closing costs — the VA restricts what lenders can charge veterans
  • No prepayment penalty — pay off your loan early at any time with no fees
  • Flexible credit guidelines — generally more forgiving than conventional standards
  • Reusable benefit — use your VA loan benefit more than once
  • Financeable funding fee — roll the VA funding fee into the loan to reduce out-of-pocket costs at closing

Questions about how these benefits apply to your situation? Call Mark at (480) 442-7487.

VA Loan Limits in Arizona

Since 2020, VA loan limits have been eliminated for veterans with full entitlement. If your VA entitlement is intact, there is no official borrowing cap — though lenders may apply their own limits based on your financial profile.

If you have partial entitlement — because you have an existing VA loan or a prior VA loan that wasn’t fully paid off — county limits still apply. Maricopa County’s 2025 conforming loan limit is $806,500.

Mark can review your entitlement status and help you understand exactly what you qualify for.

The VA Loan Process in Scottsdale

Getting a VA loan in Scottsdale involves a few additional steps compared to a conventional mortgage, but Mark handles most of the heavy lifting:

  1. Certificate of Eligibility (COE) — Mark pulls this for you, usually within hours
  2. Pre-approval — a VA pre-approval carries real weight with Scottsdale sellers in a competitive market
  3. Home search — the property must meet VA Minimum Property Requirements (MPRs)
  4. VA appraisal — ordered by the lender to confirm value and property condition
  5. Underwriting and closing — most VA purchases close in 30–45 days from accepted offer

One important note: the VA appraisal is not a substitute for a home inspection. Mark strongly recommends an independent inspection on every purchase.

Call a Scottsdale VA Loan Expert Today

Mark Merry knows the VA loan process inside and out. He’ll obtain your COE, build the strongest pre-approval possible, and guide you through every step of buying a home in Scottsdale with your full VA benefit.

You’ve earned this. Let’s put it to work.

Call (480) 442-7487 today.