Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Costa Mesa

Our Recommended Top 11

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 Costa Mesa 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.

68Reviewed

45Curated

11Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

555 Anton Blvd #150, Costa Mesa, CA 92626
WebsiteLicense: 395489

Expertise.com Rating

Review Sources

Google
5.0 (15)

Why choose this provider?

ML Home Loans is a mortgage company that caters to clients located in the Costa Mesa area and nearby metros. Refinancing options are available for FHA, VA, and USDA loans, plus fixed-rate mortgages and ARMs. Terms from 5 to 30 years are also reviewed, and jumbo and super jumbo loans are also taken on. ML Home Loans is part of the Brokers Are Better Network, a collective between AIME and industry vendors. Its website also has tools for home value estimation and insurance quotations.

  • New Construction
  • Reverse Mortgages

3070 Bristol Street #200, Costa Mesa, CA 92626
WebsiteLicense: 76967

Expertise.com Rating

Review Sources

Google
4.4 (302)
Yelp
4.0 (285)

Why choose this provider?

LoanSnap is a mortgage company that serves locals in Costa Mesa. Its team guides its clients throughout the process to provide them with options for standard or cash-out refinancing. LoanSnap has created a smart loan process, an approach that aims to provide an in-depth assessment of the clients' financial status and provide solutions to their financial problems. Its investors include Sir Richard Branson, founder of Richard Branson's Virgin Group, who supported its mission of improving clients' financial situations.

  • Multi-Family Loans

3120 Pullman Dr., Suite J - 207, Costa Mesa, CA 92626
WebsiteLicense: 248489

Expertise.com Rating

Review Sources

Google
5.0 (10)

Why choose this provider?

Mahi Khoshbin is a loan officer with E Mortgage Capital, serving clients in Costa Mesa and nearby areas. She offers personalized residential and commercial mortgage refinance solutions to help reduce interest rates and monthly payments and change mortgage terms. She also provides services to take cash out from equity. Customers can choose from conforming, jumbo, super jumbo, FHA, USDA, and VA loans with fixed and adjustable interest rates. Khoshbin has over 20 years of experience working with over 100 lenders.

  • New Construction
  • Reverse Mortgages

Costa Mesa, CA 92626
WebsiteLicense: 176151

Expertise.com Rating

Review Sources

Google
5.0 (49)

Why choose this provider?

JL Mortgage Group is a full-service firm serving Costa Mesa. It is owned by Jorge Lopez, who founded the company in 2018. Prior to opening his own business, he worked as a loan originator for 15 years, helping clients with various mortgage-related concerns, including mortgage refinancing. He designs solutions based on clients' needs and helps them make informed decisions about the options available. He also assists clients with fixed-rate, adjustable, FHA, VA, and USDA loans.

  • New Construction

555 Anton Blvd, Suite 150, Costa Mesa, CA 92626
WebsiteLicense: 1981076

Expertise.com Rating

Review Sources

Google
5.0 (583)
Yelp
5.0 (14)

Why choose this provider?

Prime Mortgage caters to homebuyers in Costa Mesa who require a selection of loan products. The firm delivers options across multiple fixed-rate and flexible products, and these include contracts backed by Veterans Affairs and the Department of Agriculture. Programs aimed at first-time purchasers and veteran investors are available. The team also refinances existing obligations to secure terms more favorable to the client. Prime Mortgage is run by seasoned veterans of the real estate industry. It uses current technologies to operate and communicate efficiently.

  • New Construction
  • Reverse Mortgages

3100 AIrway AVe. #131., Costa Mesa, CA 92626
WebsiteLicense: 1892108

Expertise.com Rating

Review Sources

Facebook
5.0 (8)
Yelp
5.0 (8)
Google
4.2 (5)

Why choose this provider?

Greenkey Financial takes on mortgage refinancing tasks for clients in and around the Costa Mesa area. Its Mortgage Loan Originators has customizable options ready that are presented through one-on-one guidance sessions. The firm also handles buying properties, in which hard money loans are also available. Its website also has a mortgage calculator that visitors can use. Greenkey Financial is NMLS-registered and is an Equal Housing Lender. It also operates in Arizona, Florida, Hawaii, Idaho, Nevada, Tennessee, and Texas. The firm also holds a Finance Lenders Law license.

  • Reverse Mortgages

949 S Coast Dr. STE 260, Costa Mesa, CA 92626
WebsiteLicense: 327308

Expertise.com Rating

Review Sources

Yelp
4.0 (11)
Google
5.0 (4)

Why choose this provider?

iApprove Lending offers refinancing loans to residents in and around the Costa Mesa metro. It assists homeowners in reaching their financial goals to restructure their loans, consolidate debts, or get cash from equity through various refinancing loans. Rate-term and cash-out arrangements are available, as well as purchase options like conventional, FHA, non-QM, and jumbo loans. The company was established in 2006. Its management team has been serving the mortgage sector for more than three decades.

  • New Construction

950 S Coast Drive, Suite 220, Costa Mesa, CA 92626
WebsiteLicense: 1935005

Expertise.com Rating

Review Sources

Google
5.0 (588)
Yelp
4.5 (29)
Facebook
5.0 (15)

Why choose this provider?

Clear Mortgage Capital, Inc. caters to those who require loaning and refinancing options in Costa Mesa. Its loan officers employ an analytical approach by scrutinizing their clients' credit histories and identifying their long-term needs like funding for house buying and home improvements. They work alongside various known lenders in the market, such as UWM, Spring EQ, and LoanDepot. The agency's application processes make use of an end-to-end encrypted database and digital platforms that streamline the submission of requirements and provide ease of access for applicants.

  • New Construction
  • Reverse Mortgages

3198-F Airport Loop Drive Ste. 201, Costa Mesa, CA 92626
WebsiteLicense: 255413

Expertise.com Rating

Review Sources

Google
5.0 (60)
Facebook
5.0 (9)
Yelp
5.0 (1)

Why choose this provider?

Team Torrijos offers personalized mortgage solutions to accommodate clients' specific home financing needs. It works with browsers in and around Costa Mesa who wish to fund their active loans to cash out equity, consolidate debts, shorten loan terms, or lower monthly payments. The firm's specialists work closely with clients and find the refinance product that fits their goals. There are also loan options available to first-time homebuyers, such as jumbo, FHA, VA, USDA, HARP, and reverse mortgages.

  • New Construction
  • Reverse Mortgages

3540 Howard Way, Costa Mesa, CA 92626
WebsiteLicense: 189421

Expertise.com Rating

Review Sources

Google
4.3 (700)
Yelp
3.5 (152)
Facebook
4.1 (38)

Why choose this provider?

Sovereign Lending Group Incorporated comprises 250 employees working collectively to originate, process, and fund loans for the homeownership goals of clients. The team caters to individuals and families in Costa Mesa and nearby areas needing assistance with mortgage refinancing and home buying. Since its founding in 2005, SLG has been helping people who have served others, including veterans, police officers, and firefighters. Some of the lending programs the broker secures are FHA, VA, and adjustable-rate mortgages.

  • New Construction

940 South Coast Dr #155, Costa Mesa, CA 92626
WebsiteLicense: 1523546

Expertise.com Rating

Why choose this provider?

Lending Corner is a team of mortgage professionals who caters to individuals in Costa Mesa looking to refinance an existing loan or finance their new home purchase. Its home refinancing choices cover single-family and multifamily residences, townhouses, condos, and manufactured homes. The company offers conventional, jumbo, USDA, FHA, and VA loans with five-to-30-year terms. It embraces numerous aspects of technology to create a paperless and seamless transaction that guides customers through the process and connects them directly to loan officers.

  • Reverse Mortgages

FAQs

  • 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.
  • What is the difference between a loan modification and a refinance in Costa Mesa?

    The difference between a loan modification and a refinance in Costa Mesa is that the former requires the borrower to demonstrate proof of financial hardship to lower their monthly mortgage payments. However, some lenders only offer short-term loan modifications, while others do not offer them at all. For more information, borrowers may consult a HUD-certified organization.

  • How common is mortgage refinancing in Costa Mesa?

    Since 2022, Costa Mesa and the rest of the Los Angeles-Orange County area have seen 83% fewer mortgage refinances and 82% more equity loans. Home purchase loans in the metro are also down by 55%. In fact, California is seeing its biggest 12-month drop on record, with 63% fewer mortgages taken out in the same year.

  • Can a Costa Mesa refinance increase the value of one’s home?

    Homeowners in Costa Mesa may increase the value of their homes by taking out a cash-out refinance for home improvement projects. For example, homes with an in-ground pool in a warm-weather market sell for about $95,000 more than comparable ones without. However, the potential downside to such a project is the ongoing pool maintenance, repair, and insurance costs.

  • Can a Costa Mesa refinance help with accessory dwelling unit construction?

    As of June 2022, homeowners in Costa Mesa may refinance their homes through Freddie Mac’s Choice Renovation Mortgage program to pay off short-term debt from the construction of an accessory dwelling unit. In Orange County, the construction cost of an ADU is about $200 per square foot, with an average size of 700 to 750 square feet.

  • Should Costa Mesa homeowners refinance to an adjustable-rate mortgage?

    Homeowners in Costa Mesa who are almost finished paying off their mortgage may be able to reduce their monthly payments by refinancing to an adjustable-rate mortgage. In a situation where the home is nearly paid off, monthly payments typically go to equity and not interest. Thus, homeowners switching to an adjustable-rate mortgage may reduce monthly payments at the expense of subsequent payments.

  • 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.