Refinance Loans in Arizona

Your current mortgage may no longer fit your financial goals. If you want a lower interest rate, a different loan term, access to equity, or to refinance an investment property, we help Arizona homeowners and investors review their options.

We offer financing paths for borrowers with full income documentation, self-employed business owners, and real estate investors. The right approach depends on your existing mortgage, property value, income, credit, and goals.

Refinancing Properties Throughout Arizona

Primary residences
Second homes and vacation properties
Single-family rental properties
Condominiums and townhomes
Two- to four-unit properties
Higher-value properties requiring jumbo financing
Mix-used Properties
Commercial Properties

Rate and Term Refinancing

A rate and term refinance replaces your existing mortgage with a new loan, generally to adjust the interest rate, repayment term, or loan structure.

Reduce your monthly principal and interest payment
Shorten your repayment period
Move from an adjustable rate to a fixed rate
Replace a loan approaching a balloon payment
Remove mortgage insurance when eligible

A lower monthly payment does not always mean a lower total borrowing cost. We can help you compare the proposed payment, closing costs, and repayment period with your current mortgage.

Cash-Out Refinancing

A cash-out refinance lets qualified borrowers replace an existing mortgage with a larger loan and receive a portion of their available equity in cash.

Home improvements and renovations
Consolidating higher-interest debt
Purchasing another property
Business expenses
Other planned financial needs

The amount available depends on your property’s value, existing mortgage balance, and program limits. Because a cash-out refinance replaces your first mortgage, it’s important to consider how the new rate and terms affect your entire loan balance.

Conventional Refinance Loans

Conventional refinancing may suit homeowners who can document their income and meet the applicable credit, equity, and property requirements. Options may include rate and term refinancing or cash-out financing for eligible primary residences, second homes, and investment properties. We can review your current loan and discuss whether conventional financing fits your goals.

FHA and VA Refinance Options

Homeowners with an existing FHA or VA mortgage may have access to program-specific refinancing options.

FHA refinancing may include an FHA Streamline Refinance for eligible existing FHA borrowers, along with other refinance options based on qualification.

VA refinancing may include an Interest Rate Reduction Refinance Loan (VA IRRRL) for eligible borrowers with an existing VA loan. Qualified borrowers may also be eligible for VA cash-out refinancing.

Bank Statement Refinancing for Self-Employed Borrowers

If you own a business or work for yourself, your tax returns may show less income than your actual cash flow. A bank statement refinance may offer an alternative way to qualify.

Depending on the program, lenders may use personal or business bank statements to evaluate qualifying income instead of traditional tax-return documentation. Underwriters review eligible deposits and business expenses.

These programs may apply to rate and term refinancing and cash-out transactions.

Additional Non-QM Refinance Programs

Some borrowers need a financing approach that accommodates income or assets outside standard mortgage guidelines.

1099 income programs for eligible independent contractors
Profit and loss programs for qualifying business owners
Asset utilization programs that consider eligible assets when calculating qualifying income
Other alternative documentation options based on the borrower’s financial profile

DSCR Refinancing for Arizona Rental Properties

For real estate investors, a DSCR refinance may evaluate the rental property’s income relative to its required housing expenses rather than qualifying primarily through personal employment income. Depending on the program and property, investors may be able to refinance an existing loan or access equity for another investment. Options may be available for eligible long-term rentals and short-term rental properties, subject to lender requirements and applicable local restrictions.

Jumbo and Condo Refinancing

Higher mortgage balances and condominium properties can require additional consideration.

Jumbo refinance options may be available for qualified borrowers with loan amounts above the applicable conforming limit.

Condo refinance options may include financing for eligible warrantable and non-warrantable projects. Qualification involves reviewing both the borrower and the condominium project. If your loan balance or property characteristics make refinancing more complicated, we can help you explore available alternatives.

Would a HELOC or Home Equity Loan Fit Better?

If your main goal is to access equity, refinancing your first mortgage is one option. A home equity line of credit or closed-end second mortgage may also be worth reviewing, particularly if you want to retain your current first mortgage.

These options add a separate payment and have their own rates, costs, and qualification requirements. We can help you compare the available approaches based on how much you need and how you plan to use the funds.

Start With Your Current Mortgage and Your Goals

A useful refinance review begins with understanding what you have today and what you want to change.

Where your Arizona property is located
Its estimated value and current mortgage balance
Your existing interest rate and loan type
Whether it is a primary residence, second home, or rental property
How you earn and document your income
Whether you want to change your payment, adjust your term, or receive cash out