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Best Mortgage Refinance Companies in Hoover

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2023
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Austin Parker logo

License Verified:

License: 1441391

Nationwide Multistate Licensing System and Registry

Austin Parker

700 Montgomery Hwy., Vestavia Hills, AL 35216
  • New Construction

Business Description

Austin Parker is a Movement Mortgage-affiliated loan officer serving clientele throughout Hoover. Austin helps homebuyers and mortgagors apply for and acquire various mortgage solutions, such as FHA or conventional loans, and customized refinancing options. For clients interested in his selection of refinancing options, Austin assists them in choosing from and applying for refinances geared toward benefits ranging from lower monthly payments to cash. Austin's parent company, Movement Mortgage, also supports communities by building public charter schools under its Movement Schools network.

License Verified:

License: 1441391

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
3.0 / 5 (837)
Google
4.0 / 5 (13)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Birmingham Mortgage Group logo
Visit WebsiteWebsite

License Verified:

License: 1311446

Nationwide Multistate Licensing System and Registry

Birmingham Mortgage Group

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3144 Cahaba Heights Road, Birmingham, AL 35243
  • New Construction

Business Description

Birmingham Mortgage Group has been offering custom financing solutions to residents in and around Hoover since 2018. It assists clients looking to refinance existing loans or secure home purchase loans. Its team works with clients throughout the entire process, utilizing its relationships with local title companies, appraisers, and closing attorneys. Co-founder Mark Achuff has worked for small regional banks, large national lenders, and boutique brokerages. In 1998, his father suggested that he enter the mortgage industry, since he is passionate about real estate and helping people.

License Verified:

License: 1311446

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (37)
Facebook
5.0 / 5 (10)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Diversified Mortgage logo
Visit WebsiteWebsite

License Verified:

License: 219767

Nationwide Multistate Licensing System and Registry

Diversified Mortgage

Visit WebsiteWebsite
One Perimeter Park South, Suite 100 N, Birmingham, AL 35243
  • New Construction

Business Description

Diversified Mortgage helps borrowers in the Hoover area identify the loan option that will meet their home needs. The mortgage company offers jumbo, conventional, FHA, and reverse loan options at fixed or adjustable rates. It also caters to the financing needs of builders and developers to help them start their construction projects. Diversified Mortgage utilizes a rate tracker service that clients can use that informs them when the rates arrive at an ideal level that suits their financial situation.

License Verified:

License: 219767

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
McGowin-King Mortgage logo
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License Verified:

License: 177691

Nationwide Multistate Licensing System and Registry

McGowin-King Mortgage

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2 Office Park Cir #103, Birmingham, AL 35223
  • New Construction

Business Description

McGowin-King Mortgage has refinancing and loan choices for house buyers in Hoover. It delivers reverse mortgages fit for elderly members of the general public and specialized options tailored for builders and renovators. The crew rearranges current obligations into more manageable forms. It also maintains secure online portals to facilitate transactions with minimal need for in-person interactions. McGowin-King Mortgage, founded in 1998, is an independent company that uses the most current technologies to facilitate its processes.

License Verified:

License: 177691

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (127)
Facebook
5.0 / 5 (56)
Yelp
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Method Mortgage logo
Visit WebsiteWebsite

License Verified:

License: 85408

Nationwide Multistate Licensing System and Registry

Method Mortgage

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601 Vestavia Parkway, Suite 300, Birmingham, AL 35216
  • Reverse Mortgages
  • New Construction

Business Description

Method Mortgage serves clients across the Hoover community and the neighboring areas. It guides individuals in refinancing their current mortgage loans to fit their budget or decrease their monthly payments. It also offers an online mortgage calculator tool to help clients compare their loan options and choose a program suitable for their home purchasing needs or mortgage refinancing goals. The company's founding partner, Adam Stoffregen, has been helping clients reach their financial goals for over two decades.

License Verified:

License: 85408

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
5.0 / 5 (23)
Facebook
4.7 / 5 (15)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Mortgage Linc logo
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License Verified:

License: 203649

Nationwide Multistate Licensing System and Registry

Mortgage Linc

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2131 Data Office Dr. Suite 240, Birmingham, AL 35244

Business Description

Mortgage Linc helps with the refinancing needs of reverse mortgage borrowers in Hoover. It offers HECM and HECM for purchase loans and works with six different lenders to provide clients with different programs for their needs. It also helps individuals become debt-free by teaching them how to manage their finances. The company's reverse mortgage specialist, Mike Giles, strives to streamline the mortgage process by guiding clients every step of the way, from initial consultation to appraisal to underwriting and closing.

License Verified:

License: 203649

Nationwide Multistate Licensing System and Registry

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
MortgageRight logo
Visit WebsiteWebsite

License Verified:

License: 2239

Nationwide Multistate Licensing System and Registry

MortgageRight

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1 Perimeter Park South, Suite 230 South, Birmingham, AL 35243
  • New Construction

Business Description

MortgageRight caters to clients in Hoover who seek refinancing and loan products. These choices include conventional mortgages with terms ranging in length from a decade to four. Its team assists clients in applying for USDA-backed plans, which are fit for players in the agricultural sector. Reverse options tailored to the needs of senior citizens are available, and the crew also refinances existing obligations. MortgageRight operates in over 20 states and has resources and calculators on hand to educate clients on the basics of house purchases.

License Verified:

License: 2239

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (268)
Facebook
4.9 / 5 (84)
Yelp
4.5 / 5 (17)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Mr. Mortgage Ambassador logo
Visit WebsiteWebsite

License Verified:

License: 1174427

Nationwide Multistate Licensing System and Registry

Mr. Mortgage Ambassador

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1442 Montgomery Highway Suite 200, Birmingham, AL 35216
  • New Construction
  • Reverse Mortgages

Business Description

Mr. Mortgage Ambassador serves individuals and families throughout the Hoover community. It offers different loan options, such as FHA, USDA, VA, and conventional, to help clients purchase homes suitable for their needs, goals, and budgets. The team assists homeowners in applying for a mortgage refinance solutions to obtain funds for their home renovation or change the rates of their terms. New construction loans are also available. Its founder, Jay Clyce, holds a degree in Commerce and Business Administration.

License Verified:

License: 1174427

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (11)
Nu Source Lending Mortgage Corporation logo
Visit WebsiteWebsite

License Verified:

License: 189390

Nationwide Multistate Licensing System and Registry

Nu Source Lending Mortgage Corporation

Visit WebsiteWebsite
2080 Valleydale Rd Ste 9, Hoover, AL 35244
  • Reverse Mortgages

Business Description

Nu Source Lending Mortgage Corporation has been serving home buyers and homeowners in the Hoover community since 2007. It assists borrowers looking to refinance a current mortgage to access cash or change loan terms. It offers conventional, FHA, USDA, and non-traditional loan types, including mobile home financing and delayed financing for investors. Additionally, it helps individuals over the age of 62 with reverse mortgages. It is connected to a network of lenders that allows for various loan options.

License Verified:

License: 189390

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
SMG Mortgage logo
Visit WebsiteWebsite

License Verified:

License: 221195

Nationwide Multistate Licensing System and Registry

SMG Mortgage

Visit WebsiteWebsite
204 Griffin Park Drive, Birmingham, AL 35242
  • Reverse Mortgages

Business Description

SMG Mortgage serves clients throughout Hoover. The company assists homeowners through the refinancing process. It helps them fulfill a variety of financial goals, ranging from lowered interest rates to decreased monthly payments. It also has experience advising homeowners in refinancing from an adjustable-rate mortgage to a fixed-rate loan. Its team provides other solutions for individuals seeking to obtain properties, including FHA and VA loans. The company has been in the industry for more than a decade.

License Verified:

License: 221195

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.2 / 5 (26)
Facebook
5.0 / 5 (13)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Steve Niven logo
Visit WebsiteWebsite

License Verified:

License: 277327

Nationwide Multistate Licensing System and Registry

Steve Niven

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2007 Eagle Ridge Drive, Birmingham, AL 35242
  • Reverse Mortgages

Business Description

Mortgage Banc is a company offering services to clients who want a stable environment for their families in Hoover. Its loan officer Steve Niven is a certified mortgage planner who offers mortgage refinancing advice that could lower clients' monthly payments, shorten loan terms, allow clients to get cash from equity, and pay off higher-interest debt. Aside from refinancing, the company is also skilled in handling mortgage lending, construction loans, banking, credit analysis, and sales. Steve Niven is a loan officer from Fairway Independent Mortgage Corporation and has a BS focused on Engineering from the University of Alabama in Birmingham.

License Verified:

License: 277327

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
The Reverse Mortgage Guru logo
Visit WebsiteWebsite

License Verified:

License: 424981

Nationwide Multistate Licensing System and Registry

The Reverse Mortgage Guru

Visit WebsiteWebsite
4256 Cahaba Heights Ct, Birmingham, AL 35243
  • Reverse Mortgages

Business Description

The Reverse Mortgage Guru offers various refinancing programs and comprehensive consultation services to people in Hoover. Its team has a selection of tailored reverse mortgages that deliver potential cash-outs for those who wish to fund long-term care for retirees, pay off their debts, and support their existing sources of income. Its loan officers help applicants qualify for specific plans based on their financial situation and debt-to-income ratio. The firm is headed by David Karcher, who has served thousands of clients in over 40 states.

License Verified:

License: 424981

Nationwide Multistate Licensing System and Registry

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Valerie Barnett Springer logo

License Verified:

License: 198479

Nationwide Multistate Licensing System and Registry

Valerie Barnett Springer

100 Concourse Pkwy Suite 130, Hoover, AL 35244
  • Reverse Mortgages

Business Description

Valerie Barnett Springer is a residential loan officer and branch manager at Benchmark Mortgage. She accommodates first-time homebuyers, veterans, and real estate investors in Hoover and its nearby communities. Springer assists clients throughout the process of home buying, refinancing, and selling process. She has been working in the mortgage trade for more than 20 years. Benchmark Mortgage has helped over 100,000 clients acquire their property. It also has an in-house marketing team that provides print content, website design, and one-on-one marketing coaching.

License Verified:

License: 198479

Nationwide Multistate Licensing System and Registry

Frequently Asked Questions

  • Introduction

    Refinancing a mortgage can be a complicated process, and hiring a mortgage refinancing broker can make it simpler and faster. There are several things you can do to protect your interests and help your broker complete the process for you.

    Check a potential broker’s online reviews to find one with a good reputation. In addition to the opinions of past clients, check to see if a broker has an online portfolio, which can support the reviews you find from past clients to show a broker’s trustworthiness. This can also help you establish if a broker has handled financing for properties similar to yours.

    Get a written summary of a broker’s rates before committing so you know exactly what hiring your chosen mortgage refinance broker will cost. Find out which lenders work with your broker and what information they need to successfully refinance your mortgage.
  • How do you refinance a mortgage?

    Decide why you’re refinancing, such as to get a lower interest rate, pay off your loan faster, or to get a lower monthly payment. Share your credit information with your broker along with information about the equity you have in your home. Review your mortgage refinance broker’s quotes and choose the best loan terms.

  • How does mortgage refinance work?

    The mortgage refinance process begins with choosing a broker and filling out loan application information. The process continues through underwriting and closing. The new mortgage is then used to pay off and close your original mortgage loan. This leaves you with a new loan and mortgage payment to manage each month.

  • When should you refinance a mortgage?

    If your credit score has improved or mortgage interest rates have dropped, refinancing can potentially save you money. Other reasons to refinance your mortgage include getting a fixed rate instead of an adjustable one or getting a shorter loan term. An increase in your home’s value that can let you access more equity is another reason to refinance.

  • How much does it cost to refinance a mortgage?

    The average cost to refinance a mortgage is $5,000. This amount varies, based on the state and county where the property is located and the loan amount. Common fees incurred when refinancing a mortgage include:

    • Appraisal fee
    • Broker’s fee
    • Credit check fee
    • Loan application fee
    • Recording fee
    • Title search and insurance fee

  • How soon can you refinance a mortgage?

    Some lenders make borrowers wait a minimum of six months before accepting a new mortgage refinancing application. However, when that happens, borrowers can check with other lenders to find one that doesn’t require a wait before refinancing. A mortgage refinance broker can guide you to lenders that allow immediate refinancing.

  • How long does it take to refinance a mortgage?

    The average amount of time it takes to refinance a mortgage is 45 days. In some cases, it may be possible to get it done faster. There also may be times when it takes longer to get a mortgage refinanced.