ATTOM's newest home equity report shows the national equity rich share falling to 41.1 percent. Here is what that means for an Arizona cash out refinance and dropping mortgage insurance in 2026. Pillar Mortgage Group.
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.
Straight answers on buying, refinancing, and selling a home in Scottsdale, Phoenix, and across Arizona, from Blake Hermann, Director of Lending at Pillar Mortgage Group (NMLS #2271358).