How closing works in Arizona
Arizona is an escrow state. A neutral escrow and title company holds funds, collects signatures, and records the deed. You'll usually sign at the title company or with a mobile notary, and the sale is final when the deed records with the county.
The main cost categories
- Lender charges: origination or underwriting fees and any discount points you choose
- Third-party services: appraisal, credit report, and flood certification
- Title and escrow: escrow fees and title insurance for the lender (sellers commonly pay the owner's policy in Arizona)
- Government recording fees: county fees to record documents
- Prepaids and escrow account: homeowners insurance, prepaid interest, and property tax reserves
Arizona property taxes and your closing
Arizona property taxes are paid in two installments: the first half is due October 1 and the second half March 1. Taxes are prorated between buyer and seller at closing, and your lender may collect several months up front for your escrow account. Your closing date affects both.
Ways to lower your cash to close
- Negotiate seller concessions toward closing costs
- Use Arizona's Home Plus assistance if you qualify
- Compare lender fees and points, which a broker can shop for you
- Pick a closing date that reduces prepaid interest
Frequently asked questions
Who pays title insurance in Arizona?
Customs vary by contract, but commonly the seller pays for the owner's title policy and the buyer pays for the lender's policy.
Can closing costs be rolled into the loan?
On a purchase, closing costs generally can't be added to the loan amount, but seller concessions and assistance programs can cover them. On a refinance they often can be.
Information is general and current as of November 2026. Program availability, terms, and limits change; Greg confirms what applies to you.
