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A happy couple sits on the back porch couch. The woman playfully tucks her hair behind her ears, and the man watches with a warm smile, his arm stretched out behind her on the back of the couch.

Save with mortgage refinancing

You could lower your monthly payments with great home refinance rates in Arizona.

Compare rates: mortgage refinance

15-year fixed as low as¹
30-year fixed as low as¹
5/6 ARM as low as¹
Jumbo 30-year fixed as low as¹

Your refi, your way

Local loan servicing
Enjoy in-house underwriting and processing, quick closing timelines and attentive service for the life of your loan.²
Multiple property types
Refinance your primary residence, vacation home or investment property.
Flexible financing
Get great rates as well as a wide range of loan options.
A cozy family moment in their bright living room, with the father, mother, and daughter reading a book together on the couch. The mother holds the book while the young girl eagerly reaches for it.

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Relationship Rewards is a free program you're automatically enrolled in when you become a member. You earn points for doing various banking activities with us – and every point can help you level up! The higher your Relationship Rewards level, the more benefits you get.

What borrowers are saying

"Cory and Kristie were so helpful and made the whole process so smooth and educational, and exceeded my expectations! Thank you both so much!"
Susan G.

How to apply for your mortgage refi

Start your application online, at a branch or by calling (602) 433-4663.
Choose your loan type.
Provide the requested documents.
Finalize your application!
Apply now

Estimate your new mortgage payment

Monthly Payment
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Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. The payment does not include amounts for taxes and insurance, and the actual payment will be greater.

FAQs about mortgage refinancing

What is the maximum equity I can access in my home?

In most cases, the maximum loan-to-value for a cash-out mortgage refinance is 80%. This means that, based on a home’s appraisal, the new loan cannot exceed 80% of the appraised value. 

How quickly can I close on a mortgage refinance?

Typically, a mortgage refinance transaction can be closed in 30 days or less. It’s important to keep in mind that the time it takes to close depends heavily on the complexity of the loan file and your help in supplying the documentation needed to move things along.

When should I refinance my home?

It depends on your situation, but a good rule of thumb for a no cash-out mortgage refinance is when you can lower your interest rate by one to two percentage points. On the other hand, if you need to access your equity with a cash-out mortgage refinance, lowering your interest rate may not be your top priority. Because this is a circumstantial question, it’s a good idea to consult with a mortgage professional.

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Annual Percentage Rate (APR) shown effective {current-date} and is subject to change without notice. Visit our rates page for additional rate information and details. Mortgage loans are offered by Define Mortgage Solutions, LLC, NMLS ID #1761612, BK#0949053, a subsidiary of Desert Financial Credit Union.


Desert Financial does not service FHA, VA or USDA loans.

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