Yes, you can use a cash out refinance to buy another house in Arizona. Conventional caps you at 80% of appraised value, VA at 90%, and the real limit is carrying both payments. Here is the full math. Pillar Mortgage Group, NMLS #2700076
A home equity loan keeps your first mortgage rate, a cash out refinance replaces it. With the 30 year averaging 6.71% in September 2026, here is the real math for Scottsdale and Phoenix homeowners. Pillar Mortgage Group.
A 1099 income refinance lets Arizona contractors and commissioned earners qualify on gross 1099 income instead of tax returns, usually with one to two years of 1099s and an expense factor of 10 to 25 percent. Pillar Mortgage Group, NMLS #2700076.
Phoenix home values are down about 2.1% over the past year, which moves your loan to value before it moves your equity. Here is what that does to a refinance in Phoenix and Scottsdale, and which doors close at which LTV. Pillar Mortgage Group, NMLS #2700076.
You can refinance an Arizona home that was listed for sale, but the listing has to come off the market before your loan disburses. Cash out usually needs 3 to 6 months off the MLS. Pillar Mortgage Group, NMLS #2700076.
Cash out refinance money is not taxable income in Arizona, but the interest is only deductible if you use the cash to buy, build, or substantially improve the home. IRS rules, the $750,000 cap, and what to keep. Pillar Mortgage Group.
Every situation is different, so we work with a full menu of loan products, from conventional and government-backed to specialty programs, and match you with exactly the right financing for where you are and where you want to go.
Whether you are buying your first home, a vacation property, or an investment, we have the right loan and the expertise to close it cleanly.
The gold standard for buyers with solid credit and steady income. Conventional loans offer flexible terms, no upfront mortgage insurance with 20% down, and work for primary residences, second homes, and investment properties.
Backed by the Federal Housing Administration, FHA loans are designed to help buyers with lower credit scores or smaller down payments get into a home. One of the most accessible paths to homeownership available today.
A benefit earned through service. VA loans offer some of the most powerful terms available in the mortgage market, with no down payment, no private mortgage insurance, and highly competitive rates.
For properties above the conforming loan limit, jumbo loans require custom underwriting and a stronger financial profile, while offering the same speed and clarity you expect from PMG.
If your home has appreciated, you have built a powerful financial tool. A Home Equity Line of Credit lets you access that equity on a flexible draw schedule. Use it when you need it, and pay it down as you go.
Refinancing is not always the right move, but when it is, it can dramatically improve your financial picture. We run the numbers honestly and tell you exactly when a refi makes sense for your specific situation.
Asset-based lending for real estate investors, fix-and-flip buyers, new construction projects, and deals that do not fit traditional underwriting. Speed and flexibility are the priority, and we can close in as little as 7 to 10 days.
Not every borrower fits inside the box, and that is okay. Non-QM programs are built for self-employed buyers, investors, and borrowers with complex income or recent credit events who still deserve excellent financing.
That is exactly what we are here for. A short conversation is all it takes to find your best path forward.
A side-by-side look at the key differences between our most popular loan products. Every situation is unique, so ask us for a personalized comparison.
| Loan Type | Min. Down Payment | Min. Credit Score | PMI Required | Best For |
|---|---|---|---|---|
| Conventional Popular | 3% | 620+ | No, at 20% down | Strong-credit buyers, investors, second homes |
| FHA | 3.5% | 580+ | Yes, for life of loan | First-time buyers, lower credit scores |
| VA Benefit | 0% | Flexible | No | Veterans, active military, surviving spouses |
| Jumbo | 10 to 20% | 700+ | Varies | High-value homes above conforming limits |
| HELOC | Uses existing equity | 620+ | No | Homeowners needing flexible access to equity |
| Refinance | Existing equity required | 620+ | Depends on equity | Current homeowners lowering a rate or taking cash out |
Note: The above represents general guidelines. Actual requirements may vary by lender, market conditions, and individual loan scenario. Contact us for a personalized assessment.
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