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Conventional Loans

Conventional mortgage Loans are not insured or backed by a government agency such as the FHA or the VA.

What Is A Conventional Mortgage?

Before applying for a home loan, it is important to determine the best financial option for you. Conventional mortgages are loans that aren’t guaranteed or insured by the federal government. You may also refer to this type of loan as a non-GSE (non-government sponsored entity) loan. Also known as a conforming mortgage, the conventional loan complies with the parameters set by Freddie Mac and Fannie Mae. You may obtain either an adjustable or fixed rate while your maximum loan amount is determined by the county and state of the home.

Conventional loans can benefit an individual whether they are a first-time buyer or in the process of refinancing. Just like most home loans, this option is going to require proof of income and credit stability. A credit score of 620 or better is standard across this borrowing platform.

Joshua Phillips

Sr. Loan Officer
NMLS# 1481547
480.220.4490
Email Me
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Thank you very much to everyone who was involved in the loan process. It truly the best experience in my life. You all were professional, courteous, knowledgeable and empathetic and all of you were there when I needed you. Thanks a million for everything.

Astrid S | Sun City, AZ

My experience was easy, thorough and professional. I was kept up to date on everything. Thanks Josh!!!

Paula O

The best I have ever worked with. Super fast, responsive, and during the process ended up finding us a better route that saved us a ton in interest. I can't recommend Josh enough.

Justin C

This is the second time we have had the privilege of using Josh and his team. They are on top of their game. He made the process simple and we knew we could rest easy with him at the helm. When we decided to refinance our home it was a no-brainer. He kept us up to date with the process, and when we did have questions, his team responded freakishly fast. We cannot emphasize how seamless the process went. There are a million companies who could have our business, but we found the best!

Axel S

Josh was my mortgage broker for my first home purchase and set the bar extremely high with his professionalism and execution. He was able to find me one of the lowest rates in the marketplace which was one of my main priorities. He was extremely responsive, which is critical for my busy work schedule. He and my realtors were able to communicate as well, making the process even easier. I have already referred a friend who was able to get a great rate on a refi and I plan to continue recommending my friends and family.

Dylan F

Josh thank you so much for going above and beyond to make this closing go smoothly. You and your team were excellent; easy to work with and excellent customer service! We appreciate everything you did!

Troy F

This is the 2nd time we have gone with Josh & Price Mortgage and each time he has given us excellent and prompt service. Any questions we had he always answers promptly. We closed quickly each time first with a home purchase and second with a home refi. Josh gave us a great interest rate each time. I will recommend Josh Phillips from Price mortgage to anyone looking to but or refinance their. Thank you Josh!!!

Juan M

Very helpful through the entire process. Definitely going through Josh the next time we buy.

Tyler G

This was my first home purchase and Josh made this process extremely easy and was always quick to respond to any question I had.

Michael E

Josh was amazing to work with. He responded to our our questions usually the same day, within minutes to hours which made our decision making quick and easy and in return made the entire refinance an accurate and effortless transacton. The communication we had with Josh made us feel confident in choosing him and Price Mortgage.

Colleen H

Josh made the mortgage experience less stressful. He made wading through all the things you need to go through a breeze when buying a house. He was very responsive and answered any questions usually within minutes or at least with an hour or two. He is very easy to talk to and explains things in a way that you can understand. I would recommend Josh to anyone needing a mortgage to buy a house or to refi as well. Thanks Josh.

Keith Y

Working with Josh Phillips on my refinance was an absolute ideal situation. I couldn’t believe how fast and easy the process was. Whether it was early morning, late night, or the weekend Josh was always available to answer any questions I had. The automated/electronic application and document submission process made everything easy to do from home, especially during the pandemic. ABSOLUTE TOP NOTCH SERVICE!!!

Scott F

Working with Josh was very easy and smooth! He kept us in the loop every step of the refi process! His customer service was outstanding! Our refi was complete in less than 30 days!! Crazy! Thank you Josh for all your hard work! We love our LOW interest rate!!

Susan S

Josh has helped us with two refi’s now, both times Josh was very easy to work with, very professional, and helped us get our new loan quickly and problem free. Got a great rate too! You will be in good hands if you work with Josh on your next loan

Derek S

My wife and I had a wonderful experience with Josh and his Price Mortgage team. He was extremely professional, efficient, and we have nothing but positives to say about our mortgage loan process.

Dave D

Very impressed with Josh and will absolutely use him again on my next home purchase.

Jennifer R

Josh was amazing! Up front and honest about the details for our refinance and responded quickly to our questions and needs. Josh got us the best deal possible and we could not have asked for a more seamless experience. We will definitely use Josh Phillips again!

Kevin H

Josh worked around my schedule, always answered the phone no matter what time I called and is the only person I would recommend to my friends and family. He was truly an advocate for myself and my family getting us the best rate around and got us closed and into a house quicker than even my real estate agent expected.

Kevin C

Josh is amazing ..... When I tell you he would hold your hand all the way to the end of your home purchase. He is patient, professional and will get you the lowest possible mortgage rate. Thank you so so much again Josh.

Aiesha M

We were kept informed at every step of the process. We never felt like we had to guess what was next, or what was expected. Everything was clearly explained and made to be as easy as possible.

Heather H

Thank you very much you got us what we were looking for when noone could You helped us in every which way possible to get this loan done Thank you for your hard work and effort that you put into this 👏 10 stars for you in my book... God Bless

Oscar V

Josh is absolutely spectacular at his job! He is knowledgeable, patient, kind, and so fast! He didn’t give me the run around on anything and let me know exactly what he could and could not do, and was so honest. His integrity is impeccable. I highly recommend working with him- you won’t be sorry! Thank you Josh!!

Jessica C

I loved working with Josh! His responses to my questions and ability to always look after my best interest deserves the highest recognition. He was available and sharp as we moved through rocky times. Each time, I was reassured I had made the best choice with Josh. If I ever do this again, I will not hesitate to call him and have him handle this process again and this time with total trust. I know I am in the best hands! Thank you from the bottom of my heart!

Carmen F

Working with Josh was a breeze! He was always quick to respond to calls and emails. We regularly get mail regarding refinancing our VA loan, we started the process with another lender and the process was drug out communication was poor and misleading. We called Josh and asked if he could do better. He did not disappoint we are so happy with our 2.99% rate! Thank you Josh you know I will be recommending you to everyone!

Rose S

Josh was absolutely great throughout the entire process. He walked us through everything and was always available to help explain things in more detail. He got us a great rate and worked out the timing for us to skip 2 mortgage payments! I couldn't recommend him higher!

Brett P

Josh got me the best deal and NO ONE was able to beat his rate, service and quickness. He literally answered every call and text. I was shopping around for awhile and I'm glad I found him! I will always recommend Josh to anyone. Thank you so much!

Nicole C

Josh is the guy to talk to when you are ready to buy your next home. He simplified the entire process for us, and made purchasing as easy as possible. Thanks Josh!

Ryan D

Wow! All I can say is, Wow! Josh Phillips and team exceeded every expectation I had and I am now a life long customer. My wife and I made a decision to sell our house, however, when we received the offer the buyer wanted to close quickly, 2 weeks from the offer date. We immediately started looking for a new home and were lucky enough to find something within the same week. This is when Josh Phillips took over and directed us on what steps were needed to close quickly on the new home. We were barely below a qualifying credit score, 584 for me and 560 for my wife. Josh ran a credit simulation to determine what was needed to get a rapid increase in our score. We followed his direction and within a week we had a prequal letter. He then directed us on what documents and other items were needed to close the loan. He was optimistic we would be able to close in 14 days, we closed in 12. As a family of 5, avoiding the cost of staying in a hotel or renting month to month was a huge burden lifted and we owe that to the hard work of Josh. We ended up only having to stay with family for a week and moved into our new home yesterday. I will be working with Josh in the coming months to get my credit score even higher, with the intention of refinancing into a conventional. Great work Josh, I appreciate everything you did for me and the family

Dustin P | Mesa, AZ

I had interviewed about 5 lenders before I spoke with Josh. Nobody was able to accommodate my neediness and barrage of questions accept Josh! He constantly worked with me day, night and weekends - the man is always available! My case was not easy, with lots of ups and downs. Josh worked and fought for me and helped fix my credit. With the help of Josh, I was able to get my dream house! Josh was able to get the closing costs so inexpensive I actually got most of my earnest money back! I can’t thank or recommend Josh enough!

Casey J | Florence, AZ

For both our purchase and refinance we used Josh Phillips and could not be happier. No fees, interest rate was lower than expected, the process was incredibly swift and easy and we were in contact every step of the way. Any questions we had were answered clearly and made easy to understand when reviewing our options. I would recommend Price Mortgage - and Josh Phillips particularly - to any and all interested in purchasing a home or refinancing. He made the process incredibly easy when we were told by some relatives that it could be a nightmare - nothing could have been further from the truth!

Chris P | Mesa, AZ

Josh was so great throughout this entire process! As a first-time home buyer I was especially overwhelmed but Josh walked me through the process step-by-step and answered every little question I had. Any communication I sent was answered within hours, if not minutes. It was so great to have a reliable, knowledgeable, and friendly person behind me on this journey--the peace of mind was invaluable. I would absolutely use Josh Phillips for future mortgage needs and would recommend Josh and his team without a doubt.

Sam J | Mesa, AZ

Josh was there throughout the whole process of the loan and answered all my questions and then some. I will recommend him to friends and family and I will use him in the future. Thank you again keep up the great work!!!

Bruce B | Mesa, AZ

Great experience start to finish. I would highly recommend Josh Phillips! He is very knowledgeable and answered all our questions in a timely manner! He was even able to get us a lower rate than we originally thought! Made a difficult process smooth and easy!

Stephanie P | Mesa, AZ

Josh was available for any questions or concerns we had every step of the way - day or night. He kept us informed and updated during the process. He made our refinance quick and painless. I would recommend him to anyone in need of loan services 👍

Lindsay E | Mesa, AZ

Josh Phillips has been helping me 100% from day one on my purchase and refinance. I appreciate all your hard work Josh, and getting me an aggressive interest rate! I'm fairly new at this "house buying/refinancing", and Josh not only educated me but he communicated with me every step of the way. Thanks!!!

Kesha R | Chandler, AZ

Josh was a pleasure to work with. He always made sure we knew what to do and answered every question we had. 100% would recommend working with Josh. Thank you for making our cash-out refinancing easy and painless.

Gabrielle D | Chandler, AZ

With interest rates falling, Josh helped us through our mortgage refinance process. He timed it right, locked in a rate, and walked us through every step. Thanks Josh!

Danielle P | Tempe, AZ

Josh was the greatest to work with. He made sure every question I had was answered very quickly. This was my first house purchase so I had a lot of questions. From day one Josh was always there to make sure I had everything I needed. Thank you very much for all you did!

Donovan S | Apache Junction, AZ

Josh was extremely helpful. This was my first home and I had many questions. Josh was there every step of the way day and night. I closed before the expected date and everything went flawless! I highly recommend Josh and will refer any friend or family to him. He definitely sets himself apart for typical lenders.

Brian L | Gilbert, AZ

I did not think purchasing a home could be as easy a process as it was with Josh. I filed bankruptcy a couple years ago and did not think I would qualify to purchase a home. However, I am now a 1st time homeowner. Josh made this process extremely smooth. He was very help and explained everything through out the process. He answered all of my questions. I will only work with Josh in the future and I recommend Josh for anyone wanting to purchase a new home or refinance. Thank you Josh for helping me reach a goal of being a homeowner!

Shannon D | Maricopa, AZ

I definitely recommend using Josh Phillips for finance or re finance. He is such a pleasant and nice person and does whatever needs to get done to help! He helped me and my husband buy our house earlier this year and just finished refinancing with him. He makes the process easy and corresponded with me that worked best! Any questions I had were answered immediately and he had the best rates. His company doesn’t charge any fees either! Thank you!!!

Tina F | Sun City, AZ

Price Mortgage, LLC is a licensed Mortgage Broker in the state of Arizona. NMLS 1429043. Arizona - MB - 0934484. This is not a commitment to lend. All loans subject to credit approval. Guidelines subject to change without prior notice. This information is provided to assist business professionals only and is not an advertisement extended to the consumer as defined by Section 226.2 Regulation Z.-EOE. Equal Housing Lender. 690 East Warner Road, Suite 103, Gilbert, Arizona 85296. Main: (480) 428-5220. Powered By Loan Officer X.