Expertise.com
2024

Last updated:

Best Mortgage Refinance Companies in Springdale

Our Recommended Top 4

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Springdale Mortgage Refinance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

44

Reviewed

28

Curated

4

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
1970 E Joyce Blvd. Suite 1, Fayetteville, AR 72703
  • New Construction

Why choose this provider?

Broyles Mortgage Brokers is a woman-owned local company that provides refinancing options to borrowers in Springdale. It helps homeowners who want to consolidate debts, get reduced rates and monthly payments, and cash out to fund major renovations achieve their goals through refinancing. The company also carries purchase loans and assists first-time buyers in getting pre-qualified. Broyles Mortgage Brokers has been serving the area for 20 years, while company owner Pamela Welch has been in the industry for over 40 years.

License Verified:

License: 145370

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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
102 SE 28th St., Suite 6, Bentonville, AR 72712
  • Reverse Mortgages

Why choose this provider?

Lance Hauth is a sales manager affiliated with mortgage banking firm, LeaderOne Financial Corporation. He refinances existing loans to help Springdale borrowers seeking to consolidate debts, convert to a fixed-rate option, lower payments, or cash out to finance home improvement projects. He assists homebuyers in obtaining loan programs that fit their personal goals and unique lending scenarios, such as conventional, FHA, jumbo, reverse, USDA, and VA mortgages. Hauth and his team pre-underwrite each loan to uncover hidden challenges and provide clients and real estate agents with peace of mind.

License Verified:

License: 144979

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 (53)

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

Website
201 S 20th St, Suite 2 A & B, Rogers, AR 72758
  • New Construction

Why choose this provider?

Advantage One Mortgage LLC helps Springdale residents achieve their homeowning goals. It offers a diverse range of home refinancing and purchase products, from conventional, VA, and USDA to new construction and 203(k) loans. The company also caters to clients needing mortgages for mobile homes. Mortgage lenders Tim O'Connor and Karen Slater have over 40 years of combined mortgage industry experience. They operate on the belief that everyone deserves housing, and support clients from getting pre-approved for their first home to refinancing an existing property.

License Verified:

License: 2030777

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 (7)
Google
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.
4.5
Responsiveness
Friendliness
Helpfulness
Detail

Website
5506 Walsh Ln., Rogers, AR 72758
  • Reverse Mortgages

Why choose this provider?

Purple Ink Mortgage serves first-time home buyers, real estate investors, and those looking for second homes in Springdale and nearby areas. The company helps clients lower their interest rates and monthly payments through different home refinancing programs, such as FHA, USDA, and VA. Its loan officers guide customers in the home refinancing, purchasing, and selling process, including in the application, appraisal, and closing stages. Purple Ink Mortgage also offers mortgage rate options, like graduated payment, interest only, and fixed and adjustable terms.

License Verified:

License: 1801687

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 (59)
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

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.
  • Which types of properties can you apply for a mortgage refinance in Springdale?

    There are several types of properties that you can apply for a mortgage refinance in Springdale, and these include your primary residence, your second home, your income properties, and residential properties with mortgages that currently have private mortgage insurance, FHA, and USDA loans. You can consult with a mortgage professional to assist you with your refinance options.

  • What are the requirements for a cash-out refinance in Springdale?

    To qualify for a cash-out refinance in Springdale, borrowers should have owned their current home for at least a year. Some lenders also require a higher minimum credit score in order to qualify for cash-out refinance. Do note that the new loan may have stricter loan-to-value ratios than other mortgages.

  • Do you need to pay closing costs if you apply for a cash-out refinance in Springdale?

    Yes, you will still have to pay closing costs when applying for a cash-out refinance in Springdale. Cash-out refinance costs are quite similar to mortgage costs. Additionally, if you have a cash-out refinance, you will have to pay the interest on the cash or equity that you take out of your new mortgage.

  • What are the benefits of having a rate-and-term refinance in Springdale?

    A rate-and-term refinance in Springdale can help you reduce the interest rate of your current mortgage. You can consider refinancing your current mortgage if you can reduce its interest rate by 2% or higher. Additionally, a rate-and-term refinance can help you increase the rate of your home equity and decrease your monthly payments.

  • Can you immediately start saving money if you refinance a mortgage in Springdale?

    If you opt to refinance your current Springdale mortgage, it may take some time before you can start saving money, even if the program allows you to lower your monthly payments and interest rates. It could take months or years to reach the break-even point, which is when your lower monthly mortgage payment covers your refinance closing fees.

  • 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.