Mortgage Refinance

Arizona Central Mortgage provides Low Mortgage Rates for BuyingRefinancing, or Taking Cash Out of Your AZ Home. ConventionalFHAVA & Jumbo Loans. Click, Call, Save! (480) 424-7144 
  • ​Low AZ Mortgage Rates
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  • 22 Years AZ Mortgage Experience
Call Local AZ Mortgage Expert Steve Bernstein Today & Save: (480) 424-7144 ~ Complete Our Online Loan Application

Lower Your Monthly Mortgage Payment

One of the best reasons to refinance your mortgage is to procure a lower mortgage rate, and/or a lower your monthly mortgage payment. If this is your refinance objective, a standard 30 year fixed rate loan may be your best refinance option. If you expect to sell your home in the next 3 to 7 years, you might also want to consider a Hybrid ARM, (3/1, 5/1, 7/1) that will lower your Interest Rate & Monthly Mortgage Payment, even more.

Cash Out Refinance

A cash out refinance can be a good refinance option if you want to recapture some of your home equity. Cash out refinance loans can be used to pay off debt, make some home improvements, or use the cash out for a higher and better use. Most homeowners only take cash out up to 80% of their AZ property value. That way there is no monthly mortgage insurance.

Consolidate Debt

Another reason many AZ homeowners pull cash out of their home, is to use the cash out to pay off higher interest rate, non-tax deductible debt. For example, a homeowner with a strong equity position, might decide to consolidate a car payment, credit cards, and other small revolving or installment debts, into one cash out refinance mortgage. This accomplishes a few things: 1) A borrower only has to make one payment per month, 2) The overall cost of interest decreases, as tax deductible mortgage interest is typically far less expensive than the interest rates paid for car loans, personal loans, credit card debt, etc. 3) One mortgage payment usually results in a lower monthly payment, and better monthly cash flow, than the existing combined debt payments. 4) The monthly savings accrued by consolidating debt can then be applied to principal reduction payments, resulting in a quicker mortgage loan payoff.

Pay Off Your Mortgage Faster

Many AZ homeowners also dream of paying off their mortgage faster. If this is your plan, we have many short term mortgage loans that result in more money going to reducing your principal, and less money paid for mortgage interest. For example our 10,15, 20 and 25 year loans can help you pay off your mortgage faster, as these loans amortize faster. Give us a call today to discuss your current mortgage loan, versus a 10 to 25 year equity builder loan. We probably can help you save thousands of dollars in mortgage interest payments over the term of your loan! 

Arizona Central Mortgage provides Low Mortgage Rates for BuyingRefinancing or Taking Cash Out of Your AZ Home. Our AZ Mortgage Loans Include: Conventional, FHA, VA, Jumbo & First Time Home Buyer Loans. We provided low rates and costs for Fixed and Adjustable Rate Loans. Below is a list of the value added services we provide. Call Today & Save (480) 424-7144

Refinance Loan Application

Use our online loan application when it's convenient for you, or complete our rate quote request form below: Online Loan Application Tutorial ~ Online Loan Application Arizona Central Mortgage

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Mortgage Rate Quote

Complete the request below for a written good faith estimate. We will then email you your results immediately. If you prefer, Call Steve Bernstein Directly (480) 424-7144.