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!

Desert Springs Mortgage, LLC

5.0

Based on 47 reviews

See all reviews Write a review

Larry Geer

18:16 12 Jul 21

Was very happy with the whole house buying process they made it easy

Chris King

14:13 06 Feb 21

When in the bottom of the 9th, the preferred lender gave up on me. So, I reached out to Mitch with Desert Springs and I wish I would have just started with them.Not only did Mitch and his team get... me a house loan, they also got my an amazing rate and they got the closing done in record timing!!Next time I need a mortgage, I’m going to Desert Springs. As well as, going to refer anyone I know that needs a mortgage too.Thanks Desert Springs!read more

N. Patrick Waddell

16:51 27 Jan 21

Samantha Pierce

03:03 27 Jan 21

Debbi Mitchell

02:44 27 Jan 21

I would 100% recommend Mitch and Shana Stam at Desert Springs Mortgage. My 1st time buying a house and I was so nervous and had 100's of questions. They were there for me every step of the way.... Mitch and Shana you are the best. Thank you for everything! We love our new home 💖read more

Travis Cary

00:45 27 Jan 21

Mitch is great and always is their to answer questions and guide you through the process.

Estuardo Escobar

00:38 27 Jan 21

Linda Daniels

22:15 13 Oct 20

Working with Desert Springs was a very enjoyable experience. Few problems arose but were handled expediently and very professional. You kept us advised of everything that occurred along the way. ... Loved doing business with you. We will recommend you to our friends.Many thanks,James and LInda Danielsread more

aether

18:33 28 Sep 20

Excellent, efficient, and easy to work with! Highly professional, supportive, and friendly. I’m a 100% satisfied customer. Would recommend to anyone!

Bri Rampick

00:18 25 Sep 20

Gwendolyn Dunn MUSIC

15:17 16 Jun 20

Michael Perino

18:22 15 Jun 20

This was our first experience with a mortgage broker and we have nothing but positive things to say about the services provided by Desert Springs Mortgage. While the financing process itself s... archaic and burdensome, Mitch’s knowledge and experience minimizes the demands placed on the borrower. We would recommend Desert Springs Mortgage without hesitation.read more

Richard Marshall

18:02 15 Jun 20

Always have had good experiences. Thank you

Ann Caswell

15:42 15 Jun 20

Mitch was very prompt and helpful. He explained everything very well.

Gia Donor

04:42 15 Jun 20

I would like to thank Mitch and Sarah for taking a time helpIng me finding Lower interest and affordable mortgage. I appreciate you very much for letting me know this good opportunity when it... comes.Thank you again.read more

Jobana Garcia

23:13 14 Jun 20

Great team !I was a first time buyer of my house and they always answered all my questions. Definitely the bests!!

dt5az

20:16 14 Jun 20

Michael Beach

19:58 14 Jun 20

I have used Desert Spring Mortgage to purchase and refinance my home. They we abke to get everything done both times in a timely manner.

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

Jason Allen

19:47 09 Jun 20

Austin Vandever

18:01 06 Jun 20

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.

B Diddy

01:05 05 Jun 20

Scott Nelson

00:29 05 Jun 20

Mitch is awesome!

Mark Lawson

00:17 05 Jun 20

Great experience ! Very efficient and professional !!

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 & Shanaread more

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.read more

Anne Hartner

20:02 24 Jul 19

Answered my many questions and made the process as smooth as possible. Good team!

Aaron Friedman

20:52 22 Jul 19

Donna ONeal

16:01 29 Jun 19

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Desert Springs Mortgage, LLC
2415 E Camelback RD
Suite 700 - Office 772
Phoenix, AZ 85016
Phone: (623) 432-1309
Find us on Google
NMLS #: 310878
Company NMLS# 794445
www.nmlsconsumeraccess.org

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Desert Springs Mortgage, LLC is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.