Refinance before renting out your home in Arizona: the occupancy promise on a primary residence loan, investment property pricing, how rent is counted, and four honest options. Pillar Mortgage Group.
Your 2-1 buydown is ending and the payment is stepping up. Should you refinance? On a $400,000 loan at a 6.75% note rate, a refinance saves just $17 a month. See the math. Pillar Mortgage Group.
Refinance closing costs do not shrink with your loan. On $150,000 at 8.25%, break even is about 38 months. See the numbers for Scottsdale and Phoenix homeowners. Pillar Mortgage Group.
A 20-year refinance on $400,000 costs about $372 more a month than a new 30-year and saves roughly $231,000 in interest. Here is the math for Scottsdale and Phoenix homeowners. Pillar Mortgage Group.
A bank statement refinance lets self-employed Arizona homeowners refinance with 12 to 24 months of bank deposits, no tax returns needed. With AZ refinance rates near 6.51% in July 2026, borrowers holding 7.5%+ loans have real savings room. Pillar Mortgage Group, NMLS #2700076
Over 25% of Phoenix listings have cut prices in July 2026, with inventory up 15 to 20% year over year. Here's how agents and sellers should price, negotiate, and use rate buydowns to win in Arizona's buyer's market. 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).