Brandon Arter

NMLS# 1168962

Loan Officer

Brandon Arter
Loan Officer

NMLS# 1168962
State Lic: AZ # 0927124;
15333 North Pima Road
Suite 205
Scottsdale, AZ 85260
Direct: (480) 331-4608
Fax: (480) 374-5216
brandon.arter@academymortgage.com

Welcome!

It’s all about service at Academy Mortgage, and our company has been meeting the needs of homebuyers across the United States since 1988. I joined Academy because of its strong reputation for integrity-based mortgage lending, its unwavering commitment to responsible lending practices, and for its broad portfolio of mortgage solutions and tools.

Since joining Academy, I have helped many individuals and families attain the dream of homeownership. Whether you want to buy a new home or refinance an existing mortgage, I will provide a customized solution for you at competitive rates. No brokering, no middleman, no hassle, no surprises.

Academy is a direct lender, which means that my Branch and Regional Offices are equipped to complete the entire loan process in-house—all loan processing, underwriting, closings, and funding are handled locally. As a result, we have a proven track record of closing loans as quickly and efficiently as possible.

I will be in control of your loan file from start to finish, and I will be up-to-date on the status of your loan at all times. I understand the importance of maintaining continuous communication throughout the loan process and commit to providing you accurate, timely, and honest mortgage advice.

I invite you to put us to the test. Let me show you how simple and easy securing a mortgage can be.

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Brandon was awesome. We tried to do a refi with another company before Academy and it went horribly wrong. Brandon and the team were amazing and were able to still get it done for us. Communication was on point and the whole process was super easy. Will highly recommend. Mackenzie Fawcett

NMLS# 1168962

State Lic: AZ: 0927124;

Corp Lic: AZ: BK-0904081;

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Mortgage applications decrease

The Mortgage Bankers Association's weekly survey showed a decrease in U.S. home mortgage applications for the week ending Jan. 29

Applications for home loans fall. Following two consecutive weeks of consumers applying for more loans on a seasonally adjusted basis, the Market Composite Index decreased 2.6% week over week. The Refinance Index rose slightly by 0.3% when compared to the previous week. This is the highest level since October 2015. 

The share of refinance applications made up 59.2% of all home loan activity, which is up from the previous week by 0.2 percentage points. Applications for adjustable-rate home loans fell slightly to represent 5.9% of all applications. 

Mortgage applications through the Federal Housing Administration rose to 12.9% from 12.7% the week prior. Home loans through the U.S. Department of Veterans Affairs and through the U.S. Department of Agriculture remained unchanged at 11.1% and 0.7% respectively.

Winter weather may be responsible for the decrease. According to CNBC, an East Coast blizzard that brought record amounts of snow across the East Coast may be the perpetrator behind the dip in mortgage rates seen for the week ending Jan. 29. 

"Mortgage rates fell below 4 percent in our survey for the first time since October 2015. The jumbo rate also decreased and was at its lowest level since April 2015," said Michael Fratantoni, chief economist for the MBA, according to CNBC. "Despite the fall in rates, mortgage application activity was likely muted by the major East Coast snowstorm, although refinance activity increased very slightly."

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2014 CoreLogic Marketrac Report. Visit www.academymortgage.com to find a loan, get a rate, or calculate your payment today.

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Cash sales on track to return to normal levels by 2017

HousingWire indicated in a report by CoreLogic, a leading financial, property, and consumer information and analytics company, that rates of cash sales for homes are trending toward normalcy.

Cash sales move toward normal levels. According to the report, cash sales during September settled at 32.5%, which is down 3.4% when compared on a year-over-year basis. These types of sales saw a slight increase of 0.2 percentage points when compared on a month-over-month basis.

This rise was anticipated, as September tends to be a busier time of year for the housing market.

Cash-sale numbers are on track to return to levels seen prior to the housing market crisis in 2008 by 2017.

A fall in cash sales indicates an improving market. According to Core Logic's Insight's Blog, a lower number of distressed cash sales suggest the real estate market is continuing to experience improvement. Distressed sales only accounted for a mere 10% of all properties sold for cash in September 2015. Only eight states failed to experience a reduced amount of distressed sales in September when compared on a year-over-year basis. These included: 

Real estate-owned sales drop. According to CoreLogic, REO sales only accounted for 6.4% of total home sales. This represents the lowest share since October 2007, when that portion made up 6.2% of all home sales.  

Short sales remained between 3% and 4%, suggesting a stronger real estate market. 

Experts expect distressed sales to reach pre-housing crisis levels by 2018. 

Both consumers and professionals working in the housing market can feel confident in the sector's upward mobility moving into the new year. 

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2014 CoreLogic Marketrac Report. Visit www.academymortgage.com to find a loan, get a rate, or calculate your payment today.

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Mortgage bankers originations forecast to hit new record in 2016

According to the Mortgage Bankers Association, originations of commercial and multifamily home loans will likely grow to $511 billion in 2016. 

Loan originations expected to increase greatly. The greater need for multifamily housing options in bustling neighborhoods is likely responsible for this burgeoning demand for commercial and multifamily mortgages. In addition, low interest rates associated with mortgages make investing in multifamily properties and commercial buildings more appealing to investors. 

Commercial and multifamily mortgages will grow to $511 billion in 2016, which represents a 3% increase when compared on a year-over-year basis. This forecast outpaces the previous record in 2007 of $508 billion. 

"This past year was extremely strong for commercial real estate finance," noted Jamie Woodwell, MBA's Vice President of Commercial Real Estate Research. "Property incomes are rising, interest rates are low and property values are up.  We expect the momentum to continue into 2016 and to support both the demand for and supply of commercial and multifamily mortgage capital."

With the outlook for 2016 bright, many experts believe even an increase in interest rates will likely not be substantial enough for slowing down the current multifamily momentum. 

"We anticipate a growing economy, coupled with only gradual increases in interest rates, will continue to support a strong commercial property market," added Woodwell. 

Multi-Housing News echoed this sentiment, indicating lenders expect a strong year for this sector moving further into 2016, as rent prices will likely increase more than 4.5% over the next 12 months. 

"But, there is a chance that cap rates could increase more rapidly in response to rising interest rates, impacting property sales and mortgage originations," noted Woodwell. 

Lack of multifamily housing units may encourage homeownership. While the future for the multifamily housing sector looks bright, the rising cost of rent nationally and relatively low inventory of affordable rental properties may drive individuals to enter the purchase market. A greater number of consumers entering the market would translate to a stronger year for real estate. 

Professionals working in the real estate industry may see rising demand for single-family housing as rent prices continue to increase and multifamily housing units are quickly spoken for. 

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2014 CoreLogic Marketrac Report. Visit www.academymortgage.com to find a loan, get a rate, or calculate your payment today.

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