Expertise.com

Best Mortgage Refinance Companies in Folsom

2024

We did the research for you!

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

Providers

Last updated:

Website
850 Iron Point Road #122, Folsom, CA 95630
  • Reverse Mortgages

Why choose this provider?

The Blue Waters Mortgage & Real Estate Group offers various refinancing programs throughout Folsom. Matt Sundermier is the company's owner, and he helps applicants with first-hand knowledge of real estate factors, mortgage processes, and business matters. Along with his coworkers, he offers people custom refinancing options that cover property improvements and outstanding debts. He suggests various financial plans that are modified in response to assessments of local economic elements such as market conditions and interest rates.

License Verified:

License: 884473

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
Yelp
5.0 / 5 (13)
Google
5.0 / 5 (11)
Facebook
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
4949 Windplay Dr. Ste. 125, El Dorado Hills, CA 95762
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Since 1980, Western Heritage Financial has been dealing with clients throughout Folsom. The company addresses the concerns of homeowners regarding the cash-out refinance program, a solution that allows them access to their property equity. It also assists clients seeking to refinance their mortgages to lower their interest rates. It has worked with owners of different properties, including condos, manufactured homes, and townhouses. For foreign nationals aiming to invest in the U.S. real estate market, the company provides specialized loans that require no U.S. credit history.

License Verified:

License: 250823

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 (13)
Facebook
4.6 / 5 (6)

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
981 Governor Dr. #102, El Dorado Hills, CA 95762

Why choose this provider?

Folsom Lake Lending assists first-time homebuyers, investors, and high net worth and self-employed individuals in the metro throughout the financing process. It helps borrowers cash out, consolidate debts, lower monthly payments, pay off loans faster, or switch to a fixed-rate option through refinancing. Its mortgage originator, Jason Alcazar, educates clients on different loan programs that fit their financial goals, such as conventional, FHA, jumbo, renovation, USDA, and VA options. He strives to keep transactions on track and continues to serve as the clients’ resource even after closing loans.

License Verified:

License: 2094973

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 (13)
Facebook
5.0 / 5 (6)

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
950 Glenn Drive, Suite 265, Folsom, CA 95630
  • Reverse Mortgages

Why choose this provider?

Reliance Home Loans is a local, full-service company offering refinancing strategies to borrowers in Folsom. It provides refinancing programs such as FHA 203K, VA cashout, and USDA and FHA streamline loans. Its professionals identify each borrower's needs to find out mortgage programs suited for them. Additionally, the company implements digital processes to support the homeownership goals of clients. One of its professionals, Evangeline Scott, is a Certified Mortgage Planner and was awarded Folsom Telegraph's 2022 Best of the Best.

License Verified:

License: 243997

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 (118)

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
80 Blue Ravine Rd. Suite 110, Folsom, CA 95630
  • Reverse Mortgages

Why choose this provider?

Mortgage Garage is a lending business in Folsom headed by owner and senior loan officer Michael Kane. Kane offers a cheat sheet and checklist to clients who want to qualify for mortgage loans and refinancing with rates matching their budgets. He keeps borrowers informed through phone calls and emails, helping them search for the right program and close loans on time. Some of his clients include seniors seeking reverse mortgages, investment buyers, move-up and second-home buyers, and first-time house purchasers.

License Verified:

License: 245012

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 (25)
Facebook
5.0 / 5 (12)
Yelp
5.0 / 5 (6)

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
101 Parkshore Dr. #100, Folsom, CA 95630

Why choose this provider?

California Home Loans caters to clients in the Folsom metro who need to refinance their current mortgage. It offers conventional and FHA loans through mortgage brokers who share more than three decades of combined industry experience. The company also provides reverse mortgages to individuals over 62 years old who own a one-unit residence and are looking to cash out. California Home Loans' Realtor partners include Coldwell Banker, CENTURY 21, eXp Realty, and Jamie Montgomery Real Estate.

License Verified:

License: 1981377

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 (21)

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
187 Blue Ravine Rd., Folsom, CA 95630
  • Reverse Mortgages

Why choose this provider?

Care Finance Group offers mortgage refinance programs to families and individuals in Folsom. Its loan options include conforming, jumbo, USDA, VA, and FHA loans. It focuses on using an education-first approach in handling mortgage transactions. One of the firm's loan officers, Lindsay Sills, has been in the mortgage industry for more than 17 years. She seeks to deliver outstanding customer service by using the problem-solving skills that she gained from her more than 17 years of mortgage experience.

License Verified:

License: 2060566

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 (44)
Facebook
5.0 / 5 (41)
Yelp
5.0 / 5 (19)

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
785 Orchard Dr Suite 250, Folsom, CA 95630
  • Reverse Mortgages

Why choose this provider?

Masters Team Mortgage attends to the home financing needs of residents in and around the Folsom area. It assists individuals planning to refinance current loans, covering those who own a townhouse, manufactured home, condo, single-family property, and multi-family residences. Its team also works with clients looking to finance home purchases, offering a variety of loan programs and investment tools to meet their individual needs. Masters Team Mortgage has an in-house program for homebuyers, which offers more flexibility.

License Verified:

License: 265226

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 (161)
Yelp
5.0 / 5 (67)

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
3000 Lava Ridge Ct., #220, Roseville, CA 95661
  • New Construction
  • Reverse Mortgages

Why choose this provider?

VALoansofCalifornia.com provides mortgage services to active-duty and retired military members in Folsom and the surrounding areas. It offers VA home loan programs for individuals who wish to purchase properties suitable for their financial needs and goals. It also refinances clients' current loans to help them change their terms or monthly payments. In addition to VA loans, the company carries other loan options, including USDA, FHA, conventional, and reverse mortgages. It extends its services throughout Sacramento, Elk Grove, Roseville, Stockton, and Fresco.

License Verified:

License: 16095

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

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
4401 Hazel Ave., Suite 135, Fair Oaks, CA 95628
  • Reverse Mortgages

Why choose this provider?

Empire Home Loans Inc. caters to first-time homebuyers and seasoned veterans in Folsom and nearby areas. Since 2019, the firm has collaborated with multiple wholesale lenders and investors to compare rates and offer home loan products. Its loan officers guide clients in navigating the home purchasing, refinancing, and selling process. Founding partner and mortgage broker Anthony Lombardo has been active in the industry for over 15 years. He is a former chapter President of the California Association of Mortgage Professionals.

License Verified:

License: 1839243

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 (308)
Facebook
5.0 / 5 (113)

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
2130 E. Bidwell Street #110, Folsom, CA 95630
  • New Construction

Why choose this provider?

Iron Point Mortgage assists borrowers in and around Folsom with a range of financing options. Its team of loan officers works with homeowners to get them reduced monthly payments, shorter loan terms, or access to cash through refinancing. The company also provides FHA, VA, USDA, jumbo, and fixed and adjustable-rate mortgages. Kevin Fritz, the branch manager, has over 25 years of experience. He holds a bachelor of science degree with an emphasis on real estate finance.

License Verified:

License: 1833414

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 (27)
Yelp
5.0 / 5 (20)

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.
  • What are the advantage of getting a VA loan in Folsom?

    In Folsom, a VA Loan features benefits like a zero down payment, exemption from ongoing mortgage insurance, and lower rates for purchasing or refinancing a primary residence. The loan's unique insurance arrangement enables originating banks to offer easing guidelines and favorable terms, making it a valuable benefit for service members.

  • Are there any asset qualifications for veterans to become eligible for a VA loan in Folsom?

    Yes. For eligibility for a VA loan in Folsom, veterans need to meet specific asset requirements. This qualification involves having sufficient funds to cover closing costs and points. Additionally, suppose the property appraisal is lower than the purchase price, and the veteran chooses to pay the difference. In that case, they are obligated to use their funds to cover this shortfall.

  • What are the factors that can affect the timeline of your refinancing process in Folsom?

    The duration of your mortgage refinancing process in Folsom can vary due to your financial situation, third-party participation, and cooperation with the lender. Using the refinance calculator helps gauge your eligibility. Streamlining the procedure is possible by organizing crucial documents and improving your property before the appraisal. Beyond manageable payments, refinancing presents advantages such as extra funds or lowered monthly installments.

  • What are the standard steps to complete your refinance in Folsom?

    Refinancing in Folsom involves submitting an application and sharing documents like pay stubs and financial statements. Once approved, you can lock in an interest rate for a specific time. A processor then prepares your loan for review, and an underwriter checks to ensure everything is correct. Furthermore, an appraisal is needed to confirm your home's value. If it matches what you're refinancing for, you move ahead. However, if it's too low, you can adjust or wait. The last step is the loan closing, where you sign the final paperwork.

  • How is an adjustable-rate mortgage different from fixed-rate mortgage in Folsom?

    In Folsom, the difference between an adjustable-rate mortgage and a fixed-rate mortgage is how the interest rate works. With an ARM, the interest rate can change during the loan term, causing monthly payments to vary. With a fixed-rate mortgage, the interest rate stays the same for the entire loan period, ensuring consistent monthly payments. This choice offers potential initial savings with an ARM or predictable payments with a fixed-rate 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.