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  • New Loans and Accounts: 602-433-5626
  •  Service: 602-433-7000
  •  Routing # 122187238

WE DON’T JUST DO MORTGAGES. WE DO MOREGAGES.

More closing cost credit. More competitive rates.
More local loan servicing.

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What's a moregage?

When you get a home loan from Desert Financial, you’re not just getting a mortgage. You’ll also get:

MORE competitive rates

MORE closing cost credit

MORE local servicing of your loan (we’ll always be here for you!)2

Plus, we believe in sharing success with our members, community and team — which means you get MORE and give MORE back when you choose us!

Apply now, visit a branch or call 602-433-4663.

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Are you a first-time homebuyer?

Check out the exclusive benefits you could get with our First-Time Homebuyer Program.

Our Current Rates

Open menu  for important rate and payment information.

DETAILS
MORTGAGE PURCHASE
RATE
APR
POINTS
15 Year Fixed Rate
5.625%
5.901%
1.250%
Purchase Rate Assumptions and APR Information
Today's purchase rates are based on the purchase of a single-family, primary residence, a credit score of 740

CONFORMING LOAN

15 Year Fixed Rate
Interest Rate
APR
Purchase Price
Down Payment
Loan Amount
Term
Monthly Payment
5.625%
5.901%
$450,000
28%
$337,500
15 years
$2,668.89
Rates valid on March 29, 2023. Estimated monthly payment does not include taxes and insurance which will result in a higher monthly payment. For borrowers with less than 20% down payment, mortgage insurance may be needed which could increase the monthly payment and APR. Additional loan programs are available.
30 Year Fixed Rate
6.25%
6.444%
1.125%
Purchase Rate Assumptions and APR Information
Today's purchase rates are based on the purchase of a single-family, primary residence, a credit score of 740

CONFORMING LOAN

30 Year Fixed Rate
Interest Rate
APR
Purchase Price
Down Payment
Loan Amount
Term
Monthly Payment
6.25%
6.444%
$450,000
28%
$337,500
30 years
$1,994.92
Rates valid on March 29, 2023. Estimated monthly payment does not include taxes and insurance which will result in a higher monthly payment. For borrowers with less than 20% down payment, mortgage insurance may be needed which could increase the monthly payment and APR. Additional loan programs are available.
5/6 ARM
5.50%
6.924%
1.125%
Purchase Rate Assumptions and APR Information
Today's purchase rates are based on the purchase of a single-family, primary residence, a credit score of 740

CONFORMING LOAN

5/6 ARM
Interest Rate
APR
Purchase Price
Down Payment
Loan Amount
Term
Monthly Payment
5.50%
6.924%
$450,000
28%
$337,500
5 year ARM
$1,839.64
Rates valid on March 29, 2023. The interest rate will be based on the 30-Day Average of the SOFR index as published by the Federal Reserve Bank of New York.

Estimated monthly payment does not include taxes and insurance which will result in a higher monthly payment. For borrowers with less than 20% down payment, mortgage insurance may be needed which could increase the monthly payment and APR. Additional loan programs are available.
7/6 ARM
5.625%
6.760%
1.250%
Purchase Rate Assumptions and APR Information
Today's purchase rates are based on the purchase of a single-family, primary residence, a credit score of 740

CONFORMING LOAN

7/6 ARM
Interest Rate
APR
Purchase Price
Down Payment
Loan Amount
Term
Monthly Payment
5.625%
6.760%
$450,000
28%
$337,500
7 year ARM
$1,865.13
Rates valid on March 29, 2023. The interest rate will be based on the 30-Day Average of the SOFR index as published by the Federal Reserve Bank of New York.

Estimated monthly payment does not include taxes and insurance which will result in a higher monthly payment. For borrowers with less than 20% down payment, mortgage insurance may be needed which could increase the monthly payment and APR. Additional loan programs are available.
FHA 30 Year Fixed
5.875%
6.042%
1.000%
Purchase Rate Assumptions and APR Information
Today's purchase rates are based on the purchase of a single-family, primary residence, a credit score of 660

CONFORMING LOAN

FHA 30 Year Fixed
Interest Rate
APR
Purchase Price
Down Payment
Loan Amount
Term
Monthly Payment
5.875%
6.042%
$326,000
3.5%
$314,590
FHA 30 Year Fixed
$1,860.92
Rates valid on March 29, 2023. Estimated monthly payment does not include taxes and insurance which will result in a higher monthly payment. For borrowers with less than 20% down payment, mortgage insurance may be needed which could increase the monthly payment and APR. Additional loan programs are available.
Jumbo 15 Year Fixed Rate
5.625%
5.853%
1.250%
Purchase Rate Assumptions and APR Information
Today's purchase rates are based on the purchase of a single-family, primary residence, a credit score of 740

NON-CONFORMING LOAN

Jumbo 15 Year Fixed Rate
Interest Rate
APR
Purchase Price
Down Payment
Loan Amount
Term
Monthly Payment
5.625%
5.853%
$1,100,000
28%
$795,000
15 years
$6,523.96
Rates valid on March 29, 2023. Estimated monthly payment does not include taxes and insurance which will result in a higher monthly payment. For borrowers with less than 20% down payment, mortgage insurance may be needed which could increase the monthly payment and APR. Additional loan programs are available.
Jumbo 30 Year Fixed Rate
6.00%
6.126%
1.125%
Purchase Rate Assumptions and APR Information
Today's purchase rates are based on the purchase of a single-family, primary residence, a credit score of 740

NON-CONFORMING LOAN

Jumbo 30 Year Fixed Rate
Interest Rate
APR
Purchase Price
Down Payment
Loan Amount
Term
Monthly Payment
6.00%
6.126%
$1,100,000
28%
$795,000
30 years
$4,748.44
Rates valid on March 29, 2023. Estimated monthly payment does not include taxes and insurance which will result in a higher monthly payment. For borrowers with less than 20% down payment, mortgage insurance may be needed which could increase the monthly payment and APR. Additional loan programs are available.
Jumbo 5/6 ARM
5.50%
6.859%
1.125%
Purchase Rate Assumptions and APR Information
Today's purchase rates are based on the purchase of a single-family, primary residence, a credit score of 740

NON-CONFORMING LOAN

Jumbo 5/6 ARM
Interest Rate
APR
Purchase Price
Down Payment
Loan Amount
Term
Monthly Payment
5.50%
6.859%
$1,100,000
28%
$795,000
5 year ARM
$4,496.89
Rates valid on March 29, 2023. The interest rate will be based on the 30-Day Average of the SOFR index as published by the Federal Reserve Bank of New York.

Estimated monthly payment does not include taxes and insurance which will result in a higher monthly payment. For borrowers with less than 20% down payment, mortgage insurance may be needed which could increase the monthly payment and APR. Additional loan programs are available.
Jumbo 7/6 ARM
5.625%
6.696%
1.250%
Purchase Rate Assumptions and APR Information
Today's purchase rates are based on the purchase of a single-family, primary residence, a credit score of 740

NON-CONFORMING LOAN

Jumbo 7/6 ARM
Interest Rate
APR
Purchase Price
Down Payment
Loan Amount
Term
Monthly Payment
5.625%
6.696%
$1,100,000
28%
$795,000
7 year ARM
$4,559.20
Rates valid on March 29, 2023. The interest rate will be based on the 30-Day Average of the SOFR index as published by the Federal Reserve Bank of New York.

Estimated monthly payment does not include taxes and insurance which will result in a higher monthly payment. For borrowers with less than 20% down payment, mortgage insurance may be needed which could increase the monthly payment and APR. Additional loan programs are available.
Everything from start to finish was easy. We were kept informed at every step of the way what to expect.
— Alonna G.
I have done quite a few mortgage deals and refinances. This was the smoothest experience to date.
— Harold B.
We needed a quick closing and got it! Closing was 3½ weeks from the day we reached out …
— Bruce F.
Our loan officer was available around the clock to work with our busy schedules and answer all of our questions!
— Savannah H.

4.7

4.7 Review

Our mortgage servicing team earns top marks on Google!

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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.

Resources for Home Buyers

Get prepared to purchase your next place with our Homebuying Toolkit. It has all the materials you need to build a solid knowledge foundation.

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Have Our Experts Call You!

Don't forget to ask about our Closing Guarantee3 and other exciting member benefits!

Questions? We’re here to help

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EXPAND YOUR HOME BUYING KNOWLEDGE

4 Reasons to Refinance Your Mortgage

LEARN MORE

The Benefits of Refinancing to a 15 Year Mortgage

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What is Home Equity?

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1Participation in the Real Estate Broker Program is voluntary. Desert Financial Credit Union and its subsidiary Define Mortgage Solutions LLC do not receive any benefit, monetary or otherwise, from the Participating Broker under this program. Participating Brokers are non-affiliated third parties of Define Mortgage Solutions LLC and Define Mortgage Solutions LLC makes no warranties or representations about the service provided by the Participating Brokers. To participate in this program, the member does not have to finance the mortgage loan with Define Mortgage Solutions LLC. Amount of credit will vary and is based on 25% of the buyer’s agent’s commission up to a maximum of $5,000. For full program details, see the Real Estate Broker Program Notice. Mortgage loans are offered by Define Mortgage Solutions, LLC, NMLS ID #1761612, a subsidiary of Desert Financial Credit Union. BK#0949053

2Desert Financial does not service FHA, VA, or USDA loans.

3Closing guarantee eligible on purchase mortgage loans only. In order for your loan to qualify for the guarantee, all supporting documentation required by Desktop Underwriter (DU) must be provided to us prior to purchase contract acceptance. The closing guarantee does not apply where a delay in closing is caused by third-party services that are outside of Desert Financial's control, such as home inspections, appraisals, or title services. FHA, VA, USDA, or any loan relying on a down-payment assistance program, or loans for properties outside Maricopa or Pinal Counties, are not eligible. Borrowers with outstanding credit contingencies will not be eligible. If your loan is eligible, and your closing date is delayed for a reason not excluded by these provisions, Desert Financial will pay you $100 for each day that your closing is delayed, up to a maximum of $500. This amount will be credited to your Desert Financial account after your loan closes. Restrictions may apply, ask a representative for details.