Expertise.com

Best Mortgage Refinance Companies in Alameda

2024

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls
Mortgage Refinance Companies FAQs 〉

Last updated:

Website
601 Van Ness Avenue E441, San Francisco, CA 94102
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Home Lending Company serves the refinancing needs of individuals and families in Alameda. It assists mortgage borrowers in finding refinancing programs tailored to different goals, such as PMI elimination, interest rate reduction, and term change. Its team analyzes refinancing benefits, drafts mortgage plans, and provides clients with decision-making calculators. The professionals guide clients throughout the financing process, starting from pre-qualification and application to appraisal, underwriting, and closing. Additionally, the company offers loan solutions for borrowers with credit problems.

License Verified:

License: 336499

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.
4.0
Google
4.0 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1160 Battery St., San Francisco, CA 94111
  • Reverse Mortgages

Why choose this provider?

Radius Mortgage caters to the residents of Alameda and nearby areas. It helps families enjoy adjusted mortgage payment rates by providing refinancing services. It also helps new homebuyers and real estate market customers find residential properties based on their requirements. The company is composed of mortgage brokers and financial experts with over 80 years of combined industry experience. One client commended the company's commitment to efficiency after it closed a transaction three days faster than the industry average.

License Verified:

License: 2262435

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 (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

Website
575 Market Street, Suite 1600, San Francisco, CA 94105
  • New Construction

Why choose this provider?

Kiavi is a loan company providing multiple options to property owners and buyers in Alameda. The company provides a variety of loan alternatives, including interest-only loans, 30-year fixed mortgages, and loans with adjustable rates of 5/1 and 7/1. Its team also has real estate bridge loans for new purchases, delayed purchases, and seasoned refinances. The business has been included in numerous publications, including the Inc. Magazine's 500 Fastest Growing Companies 2021 and the 2022 Best Places to Work lists.

License Verified:

License: 1125207

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.
4.1
Google
4.1 / 5 (193)

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
4173 Cobblestone Dr., Concord, CA 94521
  • Reverse Mortgages

Why choose this provider?

Accredited Brokers accommodates first-time homebuyers and those looking to refinance their properties in Alameda and nearby communities. The agency assists clients in lowering their monthly payments and supporting their home remodeling projects by offering a variety of refinance options, such as jumbo, VA cash out, conventional, FHA streamline, and HARP. It has helped refinance different types of residential properties, including manufactured homes, condominiums, single-family residences, and multi-family units. Accredited Brokers also provides hybrid ARMs and interest-only mortgages.

License Verified:

License: 1974087

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 (3)

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
303 Adams St. Apt 402, Oakland, CA 94610
  • New Construction

Why choose this provider?

The More Group is a full-service mortgage banker that caters to clients in Norwalk. It gives clients more control over their properties and finances by offering refinancing options. It also offers jumbo, VA, and conventional loans, as well as down payment and closing cost assistance. In addition, the team handles manufactured home mortgages and one-year tax returns for self-employed individuals. Chris Moreno, one of its team leaders, has over 10 years of loan industry experience.

License Verified:

License: 1724835

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 (40)

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
Oakland, CA 94601
  • New Construction

Why choose this provider?

Zain Elias, a loan officer at Tam Funding, helps Alameda residents achieve their interest rate goals and homeownership dreams through refinancing. He offers first-time home buyers and homeowners various financing options, including conforming, jumbo, and adjustable-rate mortgages, as well as VA and USDA loans. In addition, Zain compares rates from various financial institutions to offer loan options tailored to the credit scores, income, and assets of borrowers. To simplify the mortgage process, he uses online tools and mortgage calculators.

License Verified:

License: 450401

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 (7)

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.
  • How does a fixed-rate mortgage work in Alameda?

    The main advantage of a fixed-rate mortgage in Alameda is that your monthly mortgage payment stays the same throughout the loan term. Generally, there are no prepayment penalties if you sell or refinance your home. Clients can obtain long-term stability and predictable payments with a fixed-rate mortgage. Thus, most clients prefer fixed-rate loans.

  • Why should you get an FHA loan in Alameda?

    Flexible credit guidelines and low interest rates are common reasons why you may prefer FHA loans over conventional ones in Alameda. FHA mortgage has a smaller down payment and is easier to qualify for than a conventional loan. You may apply for an FHA loan with as low as a 3.5 percent downpayment. Additionally, FHA loans are assumable.

  • Can you refinance an investment property using an FHA loan in Alameda?

    You may not be able to refinance an investment property using an FHA loan in Alameda. This is because FHA loans are only available for owner-occupied homes or primary residences. Additionally, there are no FHA refinance options for investment properties, second houses, or vacation homes in the state of California.

  • Is there a waiting period for cash-out refinance in Alameda?

    Generally, you may have to wait at least six months after a home purchase to apply for cash-out refinance in Alameda. The waiting period may also vary depending on the loan type and the reason for your refinance. Conventional loans have a waiting period of six months while FHA loans have a 12-month waiting period for cash-out refinance.

  • What are the eligibility requirements for the USDA Streamline refinance program in Alameda?

    To be eligible for a USDA Streamline refinance program in Alameda, there must be no delinquent payments made over the past 12 months and the loan can only serve as a rate and term refinance. Additionally, the house you want to refinance must be your primary residence and the current mortgage should be a 502 direct or guaranteed loan from the USDA.

  • 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.