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!

Larry Geer
Larry Geer
18:16 12 Jul 21
Was very happy with the whole house buying process they made it easy
Chris King
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
N. Patrick Waddell
16:51 27 Jan 21
Samantha Pierce
Samantha Pierce
03:03 27 Jan 21
Debbi Mitchell
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
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
Estuardo Escobar
00:38 27 Jan 21
Linda Daniels
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
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
Bri Rampick
00:18 25 Sep 20
Gwendolyn Dunn MUSIC
Gwendolyn Dunn MUSIC
15:17 16 Jun 20
Michael Perino
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
Richard Marshall
18:02 15 Jun 20
Always have had good experiences. Thank you
Ann Caswell
Ann Caswell
15:42 15 Jun 20
Mitch was very prompt and helpful. He explained everything very well.
Gia Donor
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
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
dt5az
20:16 14 Jun 20
Michael Beach
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
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
Jason Allen
19:47 09 Jun 20
Austin Vandever
Austin Vandever
18:01 06 Jun 20
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.
B Diddy
B Diddy
01:05 05 Jun 20
Scott Nelson
Scott Nelson
00:29 05 Jun 20
Mitch is awesome!
Mark Lawson
Mark Lawson
00:17 05 Jun 20
Great experience ! Very efficient and professional !!
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 & Shanaread more
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.read more
Anne Hartner
Anne Hartner
20:02 24 Jul 19
Answered my many questions and made the process as smooth as possible. Good team!
Aaron Friedman
Aaron Friedman
20:52 22 Jul 19
Donna ONeal
Donna ONeal
16:01 29 Jun 19
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