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Best Mortgage Refinance Companies in Milpitas

2024

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Providers

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Website
Milpitas, CA
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Hong Hu helps Milpitas residents navigate the home refinancing process. Clients can exchange their existing home loans through refinancing to get better terms and rates. The company also provides conventional, conforming, and non-conforming mortgages. Its site includes a mortgage calculator that allows clients to gauge the best mortgage loan for them. Loan officer Hong Hu has been in the industry for over a decade. Aside from first-time home buyers, he also works with self-employed individuals and those who have just moved to the U.S.

License Verified:

License: 1363372

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 (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
1649 S Main Ste 107, Milpitas, CA 95035
  • Reverse Mortgages

Why choose this provider?

Since 1987, Supreme Financial Services has been catering to the real estate needs of individuals and families in Milpitas and surrounding areas. Its refinancing options for single-family, multi-family, and investment properties help clients unlock equity, obtain low-interest rates, and lower monthly payments. It analyzes important data and conducts thorough research to assist clients in making informed decisions about their refinance plans. Borrowers are also guided through every step of the loan process by the company.

License Verified:

License: 256084

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)

Website
1963 O’Toole Way, Suite 200,, San Jose, CA 95131
  • New Construction

Why choose this provider?

Nationwide Mortgage caters to individuals, families, and couples in Milpitas and the surrounding areas. The company helps clients achieve their financial goals by providing them with a variety of refinancing options. It offers government-backed, jumbo, reverse, and conventional loans for housing needs. Nationwide Mortgage has been in the home lending business for over 24 years and has closed more than 11,000 loans. It is also licensed to operate in the states of Washington, Virginia, and Florida.

License Verified:

License: 32417

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.
4.5
Yelp
4.5 / 5 (17)

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
200 Serra Way, Ste. 44, Milpitas, CA 95035
  • Reverse Mortgages

Why choose this provider?

LaChica Loans caters to the refinancing needs of commercial and residential property buyers in Milpitas. It deploys refinancing options such as HELOC, HARP, reverse mortgages, FHA streamline, and debt-consolidation programs. Its agents, led by founded Lillian LaChica, assist borrowers in applying for private or hard money refinancing loans. LaChica is a VP at Cal Coast Financial Corp and has been in the mortgage industry since 2006. She serves on nonprofits like the Asian Pacific Association and Hispanic Foundation.

License Verified:

License: 328441

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 (8)
Yelp
5.0 / 5 (6)
Facebook
5.0 / 5 (3)

Website
372 Fairview Way, Milipitas, CA 95035
  • New Construction

Why choose this provider?

Champion Home Loans is a company whose goal is to provide loans with the lowest rates and closing costs to clients in Milpitas. Its refinancing loan services process begins with assessing clients' borrowing capacity, selecting the right loan program, applying for a loan, processing, and closing the loan. It also offers other loan programs like FHA home loans, VA, USDA, and Jumbo. On their website, Champion Home Loans has a 12-minute secured application required for pre-approval, and it also provides multiple mortgage calculators for clients gauging pay, earnings, and interest rates.

License Verified:

License: 1570362

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 (5)
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1900 McCarthy Blvd. Suite 100, Milpitas, CA 95035
  • Reverse Mortgages

Why choose this provider?

Access Mortgage refinances loans for Milpitas clients. Since 1989, it has committed its practice to serving home buyers and clients seeking to refinance outstanding loans and consolidate their debt. The company seeks to build trusting relationships with its clientele and understand their needs by structuring financing solutions and offering residential mortgages. It works in partnership with more than 20 industry-standard lenders to provide home purchase, refinance, home equity, and cash-out loans. The company also offers jumbo, FHA, VA, and reverse mortgage home loans.

License Verified:

License: 341756

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 (5)

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
200 N Almaden Blvd #200, San Jose, CA 95110
  • New Construction

Why choose this provider?

The Mortgage Outlet is a family business that has been serving owners of residential real estate in the Milpitas metro since 1992. Its loan officers—all Finance graduates who share a combined experience of over 50 years—render refinancing services, assisting clients from picking a mortgage option to closing. The Mortgage Outlet offers customized programs, such as 550 Credit Score FHA Refinance, Freddie Mac HomePossible, and Fannie Mae HomeReady. It also provides jumbo and VA refinance loan options.

License Verified:

License: 1513224

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 (100)
Yelp
5.0 / 5 (29)
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
1762 Technology Drive, Suite 224, San Jose, CA 95110
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Since 1992, Summit Mortgage Bankers, Inc., a full-service mortgage provider, has assisted prospective homebuyers in Milpitas. The business has assisted hundreds of clients in becoming homeowners over the years by offering them a range of financing alternatives, including fixed-rate mortgages, adjustable-rate mortgages, and hybrid adjustable-rate mortgages. It also provides access to refinancing, interest-only, balloon, and reverse mortgages, as well as VFA and FHA loans. Summit Mortgage Bankers has offices in Southern California, New Jersey, and New York.

License Verified:

License: 1492897

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 (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
1401 Saint Francis Dr., San Jose, CA 95125
  • New Construction

Why choose this provider?

Bay Area Loan, Inc., serves clients in Milpitas who need to refinance their current home purchases or acquire financing for new assets. The team consolidates debts to reduce the hassles of compliance. Its loan options include adjustable and fixed-rate mortgages, jumbo loans, and hybrid programs. Government-backed choices are available for individuals who require more general qualification terms. Bay Area Loan responds to clients 24/7. It has online resources to determine the implications of real estate transactions.

License Verified:

License: 316881

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.
4.3
Yelp
5.0 / 5 (17)
Google
5.0 / 5 (1)

Website
San Jose, CA 95002
  • New Construction

Why choose this provider?

Loan Pros, Inc. is a locally owned and operated mortgage company that serves individuals and families in Milpitas and the surrounding areas. It provides refinance loans for purposes such as lowering clients' mortgage rates or home construction. It also offers a wide variety of home purchase loans, including CalHFA, VA, and FHA loans. The business has been in the industry for more than three decades. The company is a member of the Milpitas Chamber of Commerce.

License Verified:

License: 2441

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 (7)

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.
  • Should MyHome Assistance borrowers in Milpitas refinance their homes?

    Those in Milpitas who bought their homes through the California Housing Finance Agency’s MyHome Assistance Program should only refinance if they are ready to pay back the loan (plus interest) in full. The same applies to the program’s borrowers planning to move, sell, or otherwise change the ownership of their home.

  • Can below-market-rate homes in Milpitas be refinanced?

    Those who bought below-market-rate homes with the help of the City of Milpitas Housing Authority may only refinance for the amount that is due on their current mortgage. While they are not allowed to take cash out, they may refinance for necessary home repairs involving water damage, fire damage, and issues with electricity, roofing, and heating.

  • Are refinance rates high in Milpitas?

    Compared to California’s other metropolitan areas, refinance rates in Milpitas and the rest of the Bay Area sit fairly low at 4.63%. The median home value in the metro is $785,601, with estimated monthly payments of $3,231 for a 30-year fixed-rate refinance. In contrast, San Diego and the Inland Empire have refinance rates of 4.66% and 4.65%, respectively.

  • What are Milpitas refinance options for those with low credit scores?

    Those in Milpitas with a credit score of below 700 and who have little home equity may refinance their mortgage to an FHA loan. However, the loan is only available for primary residences of one to four units. The average FICO score in California as of 2021 is 721, which is seven points higher than the national average.

  • What are the fees associated with Milpitas mortgage refinancing?

    Homeowners in Milpitas who wish to refinance their mortgages will have to pay for the costs of the application, loan origination, home appraisal, survey, title search and insurance, and attorney. They may also have to pay property taxes and prepayment penalties. In 2021, the average closing cost in California was $5,762 with taxes and $2,829 without.

  • 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.