Home Equity Loans in Phoenix AZTap Your Equity in a Lump Sum
Built up equity in your home and need a lump sum of cash? A home equity loan gives you the money as a fixed-rate second loan, paid back in monthly installments. Your first mortgage stays put. Great for big one-time expenses like renovations, debt payoff, or investing.
- 10+ Years Experience
- License NMLS# 1455718
- $500M+ in Loan Volume Closed
- Backed by the Nation's #1 Mortgage Brokerage
When You Need Home Equity Loans
A home equity loan is the right call when you have a specific dollar amount you need and want a predictable payment. Common uses include funding a home renovation, paying off high-interest credit card debt, covering education costs, buying another property, or starting a business. Unlike a HELOC, the rate is fixed and the payment doesn't change, which makes budgeting easier. Unlike a cash-out refinance, you don't touch your existing first mortgage, so if you locked in a great rate years ago, you keep it.
Our Home Equity Loans Process
Here's how we get you a home equity loan. Call or text me with your current mortgage info, an estimate of your home's value, and how much you want to pull. I'll pull a soft credit check and quote you the best home equity loan rates I can find. Once you say yes, we order an appraisal and collect a few documents. Most home equity loans close in 25 to 35 days. I'll explain exactly how the new loan fits with your first mortgage.
Home Equity Loans Cost in Phoenix
Home equity loan rates are usually a bit higher than first-mortgage rates because the loan sits in second position. Your rate depends on credit, equity, and the amount you're borrowing. I shop dozens of lenders to find the best rate. You'll see every fee in writing. No hidden costs.
Why Choose Us
Home equity loans, HELOCs, and cash-out refinances all do similar things but in different ways. I've helped hundreds of Phoenix homeowners pick the right one for their situation. Ten years in the business, 50-plus five-star reviews. Same-day response on every call and text. I'll always be honest about which option saves you the most.
Ready to Get Started?
Want a lump sum from your home equity? Call or text Mark at (480) 690-9790 for a free quote today.
For more equity options, see all of our Mortgage Lender services in Phoenix.
Reviewed by
Mark Fazio — Licensed Mortgage Loan Officer
NMLS #1455718 · Barrett Financial Group (NMLS #181106) · Phoenix, AZ
Mark Fazio is a licensed Phoenix mortgage broker with 10+ years of experience and over 1,000 home loans closed. He shops dozens of lenders to find the lowest rate on purchase, refinance, and specialty loans, and personally guides every client from the first call through closing.