Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Daly City

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 Daly City 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.

66Reviewed

44Curated

11Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

1435 Huntington Ave #102, South San Francisco, CA 94080
WebsiteLicense: 321656

Expertise.com Rating

Review Sources

Yelp
5.0 (17)
Google
5.0 (14)
Facebook
5.0 (10)

Why choose this provider?

Mortgage Connection helps its clients refinance mortgages and purchase homes, as well as mixed-use and commercial properties, through a range of loan options. It offers VA, FHA, HARP, stated income, and reverse mortgages and caters to businesses through SBA loans. Dedicated to making the lending process convenient, Mortgage Connection is able to conduct its operations online. It has provided over 10,000 loans since its inception in 1998 for borrowers in Daly City and the surrounding areas.

883 Sneath Ln, Suite 227, San Bruno, CA 94066
WebsiteLicense: 1499621

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Review Sources

Facebook
5.0 (18)
Google
4.2 (13)

Why choose this provider?

Presto Home Loans is a mortgage firm that serves clients in and around Daly City. Its specialists help borrowers find a residential home refinancing program that enables them to tap into the equity in their homes and get a lower rate or monthly payment. They also help first-time homebuyers navigate the mortgage application process and make well-informed decisions about their purchases. In addition, the firm accommodates borrowers with a bad credit history or challenging circumstances.

  • New Construction

3230 Scott St., San Francisco, CA 94123
WebsiteLicense: 1783

Expertise.com Rating

Review Sources

Yelp
5.0 (43)
Google
5.0 (1)

Why choose this provider?

First Capital Group Inc. has mortgage and refinancing solutions for home purchasers living in Daly City. The agency rearranges existing loan obligations to consolidate debts and obtain less burdensome terms. The financing products include government-backed contracts under the FHA and VA. Online tools and calculators are available for clients who want preliminary information before speaking with the staff. First Capital Group works with over 100 investors and has accommodations for multi-family customers and those who lack documents.

  • New Construction
  • Reverse Mortgages

333 Gellert Blvd, Suite 228, Daly City, CA 94015
WebsiteLicense: 2177483

Why choose this provider?

OneGlobal Lending offers its services to clients throughout Daly City and the surrounding metros. Refinancing is one of the services that the agency provides to customers wherein they trade in their old mortgages for a new one, thus achieving their goal whether it is to lower their monthly payments, cash out part of their equity, or restructure their existing debts. Residential, business, and commercial loans are also extended to clients in 38 states, including New York and Hawaii.

  • New Construction

601 Van Ness Avenue E441, San Francisco, CA 94102
WebsiteLicense: 336499

Expertise.com Rating

Review Sources

Yelp
5.0 (2)

Why choose this provider?

The Home Lending Company provides services to first-time buyers and homeowners in Daly City and the surrounding towns. Its staff assists clients in evaluating their mortgage needs and developing a refinancing strategy to get lower monthly and interest rates and spend less throughout the life of their loan. Its lending programs include conventional loans and government programs, such as FHA and VA loans. The Home Lending Company also provides personalized consultations about residential lending options.

  • New Construction

715 El Camino Real, San Bruno, CA 94066
WebsiteLicense: 342284

Expertise.com Rating

Review Sources

Facebook
5.0 (14)
Google
5.0 (8)

Why choose this provider?

Bay City Financial is a tier-one mortgage brokerage offering refinancing services to homeowners in the community. The firm assists Daly City property owners and investors in refinancing existing loans to cash out equity or secure lower interest rates. Its staff of loan officers keeps borrowers updated on the latest interest rates and provides recommendations to help them narrow down options. Additionally, Bay City Financial carries loan programs for equity lines, mixed-use properties, land, and those from SBA.

  • Reverse Mortgages

300 Valley Street, Suite 205, Sausalito, CA 94965
WebsiteLicense: 135622

Expertise.com Rating

Why choose this provider?

C2 Financial Corporation is a mortgage broker that serves the borrowing needs of residents in Daly City. It offers refinancing loans for primary and secondary homes and investment properties, giving clients a chance to restructure their finances or build wealth. It also offers purchase loans for those who want to buy their first homes, acquire a secondary property, or invest. Co-owner David Cary, a licensed attorney, had operated his own firm for 10 years before merging it with C2 Financial in 2012.

1350 Bayshore Hwy, Suite 740, Burlingame, CA 94010
WebsiteLicense: 254895

Expertise.com Rating

Review Sources

Google
4.9 (239)
Yelp
3.5 (34)

Why choose this provider?

General Mortgage Capital Corporation provides its services to individuals in Daly City. It has over 400 licensed loan officers to assist customers with their mortgage loan needs. The company offers programs like first-time homebuyer loans, jumbo loans, and refinancing options. It also provides special medical doctor programs and special programs for solar panel houses. Since 2018, it has been a Freddie Mac and a Fannie Mae-approved servicer and seller. General Mortgage Capital Corporation is a member of the Nationwide Multistate Licensing System and Registry (NMLS).

  • Reverse Mortgages

44 Montgomery Street, Suite 02-172, San Francisco, CA 94104
WebsiteLicense: 1724835

Expertise.com Rating

Review Sources

Google
5.0 (134)
Yelp
4.9 (134)
Facebook
5.0 (40)

Why choose this provider?

SELFi is a digital mortgage marketplace dedicated to helping clients achieve financial freedom. It offers DIY Refi—a refinancing program designed for borrowers seeking to lower monthly payments, adjust loan terms, cash out equity, or consolidate debts. Homeowners in and around Daly City may shop and apply for loans through SELFI's DIY Refi program without disclosing their phone numbers. Founder and CEO Joseph Flannery was honored in 2017 and 2016 by Scotsman Guide magazine for his efforts as a mortgage adviser.

  • Multi-Family Loans
  • New Construction
  • Reverse Mortgages

Daly City, CA
WebsiteLicense: 1892633

Expertise.com Rating

Review Sources

Yelp
5.0 (9)

Why choose this provider?

Orka Investment has mortgage refinancing plans available to clients in and around Daly City. It offers both residential and commercial loan programs such as conventional, jumbo, FHA, hard money, SBA, and mixed-use property loans. Cash-out options are also provided. Loan advisor Hansen Li handles real estate services like buying and selling. He also offers individual and commercial insurance products. As a one-stop shop, NMLS-registered Orka Investment can also suggest alternative financing options to its clients whenever needed.

  • Commercial Loans

355 Gellert Blvd. Suite 230, Daly City, CA 94015
WebsiteLicense: 296022

Expertise.com Rating

Review Sources

Yelp
5.0 (2)

Why choose this provider?

Juan C. Kong Associates caters to the real estate financial needs of commercial investors, first-time home buyers, and seasoned veterans in Daly City and its surrounding areas. The facility provides a variety of loan programs, such as 203k, foreign nationals, conventional mortgages, jumbo, commercial mortgages, and Home Equity Lines of Credit. Founder Juan C. Kong guides customers in navigating the home refinancing, selling, and purchasing process. He has been working in the mortgage lending industry for more than 35 years.

  • New Construction
  • 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 best time to refinance your mortgage in Daly City?

    Refinancing a mortgage in Daly City can be advantageous when current market interest rates are lower than your existing mortgage rate, potentially reducing monthly payments and yielding long-term savings. In addition, improved credit scores or increased income can lead to more competitive rates, justifying refinance opportunities.

  • Why is the annual percentage rate important for your mortgage in Daly City?

    In Daly City, the annual percentage rate plays a significant role in mortgages. It reflects the yearly cost of a loan, factoring in points and credit costs, enabling comparison of different mortgages based on their annual expenses. The APR ensures fairness and prevents misleading low-rate advertising, aiding homebuyers in making informed choices. Although it doesn't impact monthly payments, the APR provides a standardized measure of a loan's actual cost.

  • Why is it beneficial to use cash-out to refinance a hard money loan Daly City?

    Using cash-out to refinance hard money loans in Daly City offers benefits. Common reasons include lowering interest rates and addressing near-due hard money loans. Typically short-term, lasting 1 to 3 years, hard money loans can lead borrowers to refinance with new hard money lenders if they can't shift to longer-term conventional loans. Existing lenders might only sometimes grant extensions. If property value rises, borrowers might opt for cash-out refinancing to access more equity.

  • Why should you refinance your mortgage in Daly City?

    Refinancing your mortgage in Daly City can lower interest rates, even slightly below 1%, yielding significant savings. Consolidating high-interest debt using cash-out refinancing is wise due to lower home loan rates. Refinancing can also fund home improvements, boosting property value. Shortening the loan term, like shifting to a 15-year fixed rate, reduces total interest. Additional advantages include switching from adjustable to fixed rates for stability and eliminating private mortgage insurance by reaching 20% equity.

  • What is the importance of doing a break-even analysis when considering refinancing in Daly City?

    Conducting a break-even analysis is crucial when considering refinancing in Daly City. It allows you to evaluate the significance of factors like terms, interest rate, payment, and costs associated with the refinance. You determine if the time frame aligns with your expectations by assessing how long it takes to recover the expenses incurred through the refinancing process. This analysis helps you decide whether the refinance's financial gains, like lower monthly payments, outweigh the upfront costs.

  • 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.