Conventional Loans in
Tempe, Arizona
Finance your Tempe home with competitive conventional rates. From starter condos near ASU to family homes in South Tempe—flexible down payment options starting at just 3% down.
Conventional Rates From
5.75%
Down Payment
As Low As 3%
Why Buy a Home in Tempe?
Tempe offers urban amenities, top employers, light rail access, and walkable neighborhoods—all within minutes of downtown Phoenix and Scottsdale.
Job Market
State Farm, Carvana, Amazon, and ASU create a strong, diverse employment base.
Young Professionals
ASU graduates often stay in Tempe, creating a vibrant, educated community.
Light Rail Access
Valley Metro connects Tempe to Phoenix, Mesa, and the airport without a car.
Walkable Lifestyle
Mill Avenue, Tempe Town Lake, and downtown offer walkable dining and entertainment.
Conventional Loan Features
Conventional loans offer flexibility, competitive rates, and the ability to remove mortgage insurance. Perfect for Tempe buyers with good credit and stable income.
Down Payment
As low as 3% for first-time buyers
Loan Limit
$832,750 for Maricopa County
Credit Score
620 minimum, 740+ for best rates
PMI Removal
Cancel at 80% LTV automatically at 78%
Property Types
Single-family, condos, townhomes, 2-4 units
Gift Funds
Allowed for entire down payment
First-Time Buyer? Start Here
Get Pre-Approved
Know your budget before you shop in Tempe's competitive market.
Choose Your Neighborhood
South Tempe for families, Town Lake for urban living, North Tempe for character.
Close in 30 Days
With pre-approval, we can close quickly and make your offer competitive.
Popular Tempe Neighborhoods
Find the perfect Tempe neighborhood for your lifestyle
South Tempe
$450K-$750K
Established families, Kyrene schools, larger lots
Tempe Town Lake
$400K-$800K
Modern condos, waterfront living, tech professionals
North Tempe
$375K-$600K
Near Papago Park, mature trees, mid-century homes
McClintock Corridor
$375K-$550K
Light rail access, commuter-friendly, diverse housing
Warner Ranch
$400K-$650K
Family-friendly, HOA communities, pools
Optimist Park
$350K-$500K
Historic bungalows, walkable downtown, character homes
Get Your Conventional Quote
Connect with Emmett directly. Quick response, personalized guidance for your Tempe home purchase.
Why Contact Emmett?
- ✓ Local Tempe market expertise
- ✓ Access to 240+ wholesale lenders
- ✓ Same-day pre-qualification available
- ✓ No obligation, free consultation
Tempe Conventional Loan FAQs
What is the conforming loan limit in Maricopa County for 2026?
The 2026 conforming loan limit for Maricopa County (including Tempe) is $832,750 for single-family homes. This covers most Tempe properties outside of luxury areas.
What credit score do I need for a conventional loan in Tempe?
Minimum credit score is 620 for conventional loans. However, scores of 740+ qualify for the best rates. Many Tempe buyers have strong credit.
How much down payment is required?
As little as 3% down for first-time buyers, 5% for repeat buyers. Put 20% down to avoid PMI. Investment properties require 15-25% down.
Is Tempe good for first-time homebuyers?
Yes! Tempe offers light rail access, walkable neighborhoods, top employers, and a strong job market. Young professionals often choose Tempe for their first home.