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Best Mortgage Refinance Companies in Los Angeles

2024

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Providers

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Website
4405 Riverside Dr, Burbank, CA 91505
  • New Construction
  • Reverse Mortgages

Why choose this provider?

The Mortgage Group is a family-owned business that has been serving clients in Los Angeles since 1995. Its specialists help individuals fund their current loans by applying for a refinance program. They also assist first-time homebuyers in selecting from the loan options available to them, such as FHA, VA, and USDA mortgages. Single-family and multi-family homes, as well as townhouses, are among the property types covered. The Mortgage Group offers a wide range of products, investment tools, mortgages, and individualized attention to meet the specific needs of each client.

License Verified:

License: 324290

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
4.9 / 5 (39)
Google
5.0 / 5 (34)
Yelp
5.0 / 5 (16)

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
6380 Wilshire Blvd Suite 1006, Los Angeles, CA 90048
  • Reverse Mortgages
  • New Construction

Why choose this provider?

Greenday Mortgage addresses the needs of clients in Los Angeles. It provides mortgage refinancing solutions to individuals that want to change the terms of their current loan. Its refinancing services help clients reduce their current rate, pay less loan interest, and change their adjustable-rate mortgage to a fixed-rate mortgage. The company offers FHA, VA, cash flow, and bank statement loan programs. Greenday Mortgage is an independent residential mortgage brokerage firm that works with several lenders to find a program that suits the client's situation.

License Verified:

License: 393954

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 (75)
Yelp
5.0 / 5 (10)
Facebook
5.0 / 5 (5)

Website
555 W 5th St, 35th Floor, Los Angeles, CA 90013
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Aragon Lending Team caters to individuals and families in Los Angeles and its surrounding areas. It helps clients lower monthly loan payments and interest rates by providing them with home refinancing options for different properties such as single-family and multifamily homes and condominiums. The refinancing programs that it offers include rate-and-term and cash-out. FHA, VA, and jumbo loan products are also available. The company has been featured in the Los Angeles Times, Business Insider, and Forbes.

License Verified:

License: 250691

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 (192)
Google
4.9 / 5 (78)
Facebook
5.0 / 5 (50)

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
1999 Avenue of the Stars, Century City, CA 90067
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Scott Griffin Financial is a mortgage brokerage firm that serves families in Los Angeles. It offers home refinance loans for personal and investment properties, helping clients looking to take cash out of equity, change loan terms, and reduce monthly payments and interest rates. It provides various loan types, including conforming, jumbo, super jumbo, FHA, VA, and USDA loans. It handles fixed-rate and adjustable-rate loans, as well. The firm was established in 2003 by Scott Griffin, who has been in the industry since 1986.

License Verified:

License: 1633936

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 (218)
Yelp
5.0 / 5 (33)

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
6380 Wilshire Blvd Suite 1006, Los Angeles, CA 90048
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Allstate Bancorp is an independent mortgage brokerage firm that serves clients in Los Angeles and neighboring communities. It helps customers with their mortgage refinance goals, such as reducing monthly payments, converting their adjustable-rate mortgage to a fixed-rate mortgage, or shortening their loan terms. Its professionals seek to provide a high level of customer service by adhering to a code of ethics that encourages honesty and reliability. Its loan options include FHA, VA, fixed-rate and adjustable-rate, and foreign national loans.

License Verified:

License: 234566

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.
4.2
Facebook
4.4 / 5 (38)
Yelp
3.5 / 5 (12)
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
6380 Wilshire Blvd #1610, Los Angeles, CA 90048
  • Reverse Mortgages

Why choose this provider?

PB Financial Group Corporation is a Los Angeles-based business that serves clients across the local metro. It offers advice to homeowners going through the refinancing process to help them consolidate their debt. The company also works with investors aiming to refinance their rental properties to fund home improvement projects. It has experience assisting property owners in qualifying for a foreclosure bailout loan, saving their homes in the process. Pouyan Broukhim, its founder and owner, has spent more than 15 years in the financial services industry.

License Verified:

License: 357614

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.
4.7
Yelp
4.5 / 5 (28)
Google
4.7 / 5 (23)
Facebook
5.0 / 5 (16)

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
11601 Wilshire Blvd, Ste 500, Los Angeles, CA 90025
  • Reverse Mortgages

Why choose this provider?

Sunset Lending & Realty helps Los Angeles residents afford their dream homes by securing loans that suit their unique situations. It refinances existing mortgages for clients seeking to change their terms, lower interest rates and monthly payments, or cash out from their homes’ equity. Its loan advisors also offer bank statement, investor cash flow, non-QM, and reverse mortgages, as well as specialty programs for self-employed borrowers. The company combines its expertise in mortgage and residential real estate to assist people looking to finance their investment properties.

License Verified:

License: 1622845

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 (85)
Facebook
5.0 / 5 (13)
Yelp
5.0 / 5 (9)

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
15720 Ventura Blvd., Suite #211, Encino, CA 91436
  • Reverse Mortgages

Why choose this provider?

Founded in 2017, Ridge Capital Group provides mortgage and loan services to clients in Los Angeles. Its loan programs include mortgage refinancing for clients looking to lower their monthly payments. It also offers purchase loans including interest-only, FHA, and VA as well as HELOC, HECM, and private financing. The Ridge Capital Group team is comprised of founding partners Ethan Moradifar and Rodd Rahnama. Moradifar is a real estate broker and licensed loan originator, while Rahnama is a mortgage professional.

License Verified:

License: 1730019

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 (18)
Google
5.0 / 5 (9)
Facebook
5.0 / 5 (9)

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
5455 Wilshire Blvd, Ste 2120, Los Angeles, CA 90036
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Think Mortgage serves people living in Los Angeles and the surrounding areas. It helps clients refinance their home loans to lower interest rates, keep their debts manageable, change from an ARM to a fixed-rate loan, and cash out their equity. The firm's loan options include conventional, USDA, VA, and FHA. Reverse mortgages are also available. Irma Morales, Think Mortgage's senior loan officer, carries more than 18 years of industry experience and is bilingual in English and Spanish.

License Verified:

License: 1403850

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.
4.6
Yelp
4.5 / 5 (33)
Google
4.7 / 5 (13)
Facebook
5.0 / 5 (8)

Website
2824 South Robertson Boulevard, Los Angeles, CA 90034
  • Reverse Mortgages

Why choose this provider?

Equitable Lending offers mortgage solutions to homeowners in Los Angeles. The company caters to individuals looking for mortgage refinancing services to consolidate their debt, reduce their interest rate, and cash out equity for home improvements. Its refinancing solutions also help borrowers convert an adjustable rate to a fixed rate loan and extract cash equity in their homes. Its professionals hold the knowledge of the local area and the market and utilize current technological advancements like secure mobile uploading.

License Verified:

License: 1124483

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 (53)
Yelp
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
655 North Central Avenue, 17th Floor Suite 1719, Glendale, CA 91203
  • New Construction

Why choose this provider?

CitiSky Home Loans serves residents of Los Angeles who require refinancing and mortgage options. These solutions include contracts for first-time buyers and seasoned investors. Refinancing is available to reduce the burdens of existing debts and obligations are restructured into Fixed-rate, VA, and FHA loans. CitiSky Home Loans has online resources and calculators available to inform readers about the conceptual and arithmetical basics of real estate lending. It was started to work with borrowers whose FICO scores are on the low side.

License Verified:

License: 1487914

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
Facebook
4.6 / 5 (14)
Google
5.0 / 5 (5)
Yelp
5.0 / 5 (4)

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
700 Flower St #1000, Los Angeles, CA 90017
  • Reverse Mortgages

Why choose this provider?

Shannon Christenot is an NMLS and BRE-licensed mortgage broker assisting clients with their home purchase or refinancing needs in Los Angeles. She started in the industry in 1996 as a data entry staff for a wholesale mortgage lender in the country, where she learned about disclosures and income documentation for borrowers. She then became a loan officer in 1999. Shannon assists clients with FHA, VA, USDA, and jumbo loans. She is also knowledgeable about reverse mortgages.

License Verified:

License: 278136

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 (47)
Yelp
5.0 / 5 (33)
Facebook
5.0 / 5 (10)

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 is the cost of an annual percentage rate for a fixed mortgage refinance in Los Angeles?

    The average annual percentage rates for fixed mortgage refinancing in Los Angeles are as follows: 7.196% for a 30-year term, 6.955% for a 20-year term, 6.259% for a 15-year term, and 6.342% for a 10-year term. In addition, the APR for 30-year fixed-rate FHA loans is 7.144%, while the APR for 30-year fixed-rate VA loans is 6.5%.

  • Is there a limit set for FHA loans in Los Angeles?

    FHA loan limits in Los Angeles are scaled according to the property's occupied units. Prices for a single-family home may start at $472,030 and go as high as $1,089,300. When it comes to multi-unit properties, a duplex may cost over $1,394,775, a tri-plex over $1,685,850, and a four-plex over $2,095,200.

  • Why should you choose a fixed-rate mortgage over an ARM loan in Los Angeles?

    A fixed-rate mortgage in Los Angeles guarantees a stable monthly payment regardless of fluctuations in the interest rates than adjustable-rate mortgages. Thus, knowing the exact amount you must pay monthly will help you better manage your monthly finances. You may also personalize the loan terms with options for 15, 20, 25, or 30 years repayment periods. Another option is to convert your home equity into cash to fund expenses, including college tuition, home renovation, and debt consolidation.

  • When is it not good to use refinance in Los Angeles?

    If you are looking to refinance your Los Angeles mortgage, you should not do it if you are planning to relocate within the next six months, are in the middle of a home renovation, or will be paying off your mortgage in less than ten years. On the other hand, you could benefit from refinancing if you want to consolidate debts with high-interest rates or obtain a lower home loan refinance rate.

  • Can you get a mortgage loan using real property in Los Angeles?

    You can acquire a hard money loan in Los Angeles, a short-term loan in that you can receive funds secured by real property. This venture is financed by private investors instead of traditional lenders such as banks or credit unions. The standard term is 12 months, although you may negotiate terms of up to 5 years. You may also choose to repay the loan monthly with interest, principal, or balloon payment installments.

  • 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.