Refinance a Home in Arizona

If interest rates today are lower than what you are currently paying, you might be wondering whether now is the right time to refinance your home.

If you are eligible, refinancing could save you money every month. But did you know that the benefits of refinancing can go far beyond a lower mortgage rate?

What are the Benefits of
Refinancing in AZ?

Here are a few key advantages of refinancing your home:

  • Reduce your mortgage rate.
  • Potentially stop paying for mortgage insurance.
  • Get more or less time to pay off your loan as needed.
  • Renegotiate the terms of your home loan.
  • Switch from an adjustable to fixed rate mortgage or vice versa.

What Are Some Situations Where a Phoenix Refinance
Might Be in Order?

Here are some scenarios where it could be an ideal time to refinance your home loan:

If your credit score has improved or you have a more competitive borrower profile for other reasons, what you qualify for today could be significantly better than what you qualified for when you took out your original home loan.

If you have an adjustable rate mortgage which has been getting more and more expensive, you can switch to a fixed rate mortgage to prevent further ballooning.

If you will not be in your home for more than a few more years, you could switch from a fixed rate to an adjustable rate to take advantage of the low introductory rate for the remainder of the time you will be in your home.

Still paying for mortgage insurance? If you are eligible for a loan now which does not require it, you could save significant money going forward.

If your income has decreased or you are struggling with higher bills, you can lengthen the term of your loan to reduce your monthly costs.

Sometimes, refinancing your mortgage to get rid of the prepayment penalty can save you money if you will be paying off your home loan early.

Have other debts that you want to consolidate? Reduce the interest you are paying and simplify your financial life by consolidating when you refinance.

Refinance Now for Competitive Rates and Terms

During your consultation, we can help you figure out what kind of savings you might be eligible for and what benefits you could look forward to by refinancing your home loan.

Whether you are located in Arizona, California, Colorado, Oregon, or Washington, we would love to help you refinance your mortgage to one which is ideal for your needs. Please give us a call today at (623) 432-1309 to get started.

FREE Home Refinance Analysis

See What Our Clients Are Saying About Us!

Edward Brabham
Edward Brabham
22:08 09 Jun 20
Awesome working with Desert Springs, very professional, thorough and prompt when having answering questions - 1st and last choice when dealing with my mortgage
Carol Johnston
Carol Johnston
01:16 05 Jun 20
Mitch and Shana have done 3 mortgages for our family. The last one that closed Tues for our daughter was a mess. They never gave up on trying to make it work. We are so thankful for them.
Mark Lawson
Mark Lawson
00:17 05 Jun 20
Great experience ! Very efficient and professional !!
Edward Brabham
Edward Brabham
20:56 04 Jun 20
Awesome working with Desert Springs, very professional, thorough and prompt when having answering questions - 1st and last choice when dealing with my mortgage
Rob Hannaford
Rob Hannaford
20:13 04 Jun 20
Mitch got the job done where another lender failed! He is fast, professional, very responsive and always offers valuable advice. It was a pleasure working with Mitch & Shana and I would recommend them to anyone!
Rob Boyer
Rob Boyer
19:46 04 Jun 20
Mitch and Shana were absolutely professional, prompt with answers to any questions we had, and upfront about what the whole process would entail. They were personable and caring. If we need another Mortgage Service Company in the future, there's only one name that comes to mind. Desert Springs Mortgage. Always kept us informed of what was happening and what was coming up in the process. Thanks Mitch & Shana
Joshua Brees
Joshua Brees
14:06 05 Sep 19
One of the best experiences we have had in a very long time. The process was seamless and stress free. The group at Desert Springs is a poster child of true customer service. Thank you Mitch for you and the teams support during a stressful time.
Anne Hartner
Anne Hartner
20:02 24 Jul 19
Answered my many questions and made the process as smooth as possible. Good team!
Judy Ann Young
Judy Ann Young
16:08 05 Jun 19
Mitch Stam worked very hard to make sure that I received the best rate and mortgage to fit my requirements. I have been through the home purchasing experience a few times. This is the first time someone really was looking out for my best interests. I would highly recommend working with Mitch to anyone looking for a home mortgage.
Carol Trammell
Carol Trammell
18:52 17 Apr 19
Great experience working with Mitch and Shana. Very professional yet warm and friendly. They were really upfront and on top of every detail. Thank you!
J P
J P
22:44 08 Apr 19
Excellent group to work with. They are dedicated to their work and helping the customer. We had a lot of issues with our house purchase all being the sellers fault and Desert Springs Mortgage did everything in their power to correct the issues. I highly recommend them and I would definitely use them again.
Heidi Stallings
Heidi Stallings
21:32 02 Apr 19
I have been through many refinances over the years and this was the smoothest, quickest and most efficient refi I have every done. Everyone I spoke to was great, Mitch kept me up to date on everything that was happening and everything went through smoothly. I would highly recommend Desert Springs Mortgage.