Expertise.com

2024

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Best Mortgage Refinance Companies in Santa Barbara

Our Recommended Top 13

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 Santa Barbara 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.

57Reviewed

39Curated

13Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

183 Montgomery Avenue FL 2, Oxnard, CA 93036
WebsiteLicense: 1833428

Expertise.com Rating

Review Sources

Google
4.7 (12)

Why choose this provider?

Loan Warehouse is a mortgage company that caters to customers in Santa Barbara. It serves people looking for refinancing solutions to pay off their existing mortgage with a new one. It provides jumbo, 203K, FHA, VA, and USDA loans, as well as fixed-rate mortgages with terms ranging from 15 to 30 years. Javier Ordonez, one of its loan consultants, helps Spanish- and English-speaking clients understand the mortgage process by simplifying the terms. The company belongs to the Association of Independent Mortgage Experts.

  • New Construction
  • Reverse Mortgages

481 N Ventura Ave, Ventura, CA 93001
WebsiteLicense: 779500

Expertise.com Rating

Review Sources

Yelp
5.0 (22)
Facebook
5.0 (17)
Google
5.0 (13)

Why choose this provider?

American Pacific Mortgage caters to clients in and around Santa Barbara. Its specialists assist homeowners looking to refinance their current mortgages to lower monthly payments or utilize home equity. They identify borrowers' goals and revisit their mortgages to determine if refinancing is advisable. The team also offers first-time homebuyers guidance throughout the whole home-buying journey to help them make informed decisions. Branch manager Greg Abrams has been honing his knowledge of the home lending market for more than 15 years.

1215 De la Vina Street, Santa Barbara, CA 93101
WebsiteLicense: 240525

Expertise.com Rating

Review Sources

Google
5.0 (2)
Yelp
5.0 (2)

Why choose this provider?

Paragon Mortgage Group serves customers in Santa Barbara who need refinancing and loan options. The team has fixed and adjustable-rate mortgages with terms ranging from a decade to three. Refinancing options are available to take advantage of more favorable conditions and terms of fulfillment. Paragon Mortgage Group is owned by Peter Trent, who is a licensed real estate broker who has more than two decades of experience in the finance and property sectors. He previously worked for Hammock Arnold Smith & Company.

  • Reverse Mortgages

1525 State St Suite 200, Santa Barbara, CA 93101
WebsiteLicense: 245778

Expertise.com Rating

Review Sources

Google
5.0 (9)

Why choose this provider?

Susan Bonanno of Synergy One Lending, Inc., is a mortgage broker who caters to the refinancing needs of Santa Barbara. She helps her clients pay off their debts, get cash from equity, reduce loan terms, and get lower monthly payments through various refinancing programs. In addition, Bonanno offers different loans for a variety of housing needs. These include VA, renovation, and reverse mortgages. She has been in the financial industry since 2005. Bonanno also serves financial planners, CPAs, and real estate professionals.

  • Multi-Family Loans

916 W Ventura Blvd Suite 100, Camarillo, CA 93010
WebsiteLicense: 234378

Expertise.com Rating

Review Sources

Google
4.9 (17)
Yelp
4.5 (13)

Why choose this provider?

Silver Mortgage Group provides refinance options for homeowners in Santa Barbara. It offers rate-and-term for those seeking to reduce interest rates and the length of their mortgages and cash-out for borrowers who want to access money through the equity they have built. Its team has conventional, jumbo, FHA, and VA loan options, as well as FRMs and ARMs. Buyers’ assistance programs are also available. The company is a division of Golden Empire Mortgage, which has been in the industry for 30 years.

  • New Construction

1500 Palma Drive, Ventura, CA 93003
WebsiteLicense: 1244162

Expertise.com Rating

Review Sources

Facebook
5.0 (31)
Yelp
4.5 (8)
Google
5.0 (6)

Why choose this provider?

MortgageCouch is a one-stop home loan brokerage that caters to borrowers in Santa Barbara. It offers refinancing services and loan products, such as FHA, VA, USDA, residential real estate finance, owner-occupied, and second home mortgages. The company's goal is to make the loan origination process as open and transparent as possible for purchasers, real estate agents, and all other parties involved in a real estate transaction. MortgageCouch is led by Matthew Couch and Shelby Bishop, who has been in the mortgage field for over a decade.

  • New Construction

Ventura, CA 93001
WebsiteLicense: 1962695

Expertise.com Rating

Review Sources

Facebook
5.0 (5)

Why choose this provider?

SkyView Mortgage is a full-service company that offers its services to clients in Santa Barbara. The company offers expertise in conventional low-cost refinancing loans for multiple property types like single and multi-family homes, condominiums, townhomes, and manufactured. Its refinancing programs include FHA streamline, and FHA cash out. FHA 203k, VA streamline, USDA streamline, and HARP are also offered. SkyView Mortgage also caters to clients from across California and also covers niche programs for refinancing like no points, no fees, and 0% down.

  • New Construction
  • Reverse Mortgages

1601 Anacapa St, Santa Barbara, CA 93101
WebsiteLicense: 1211574

Expertise.com Rating

Why choose this provider?

SB Mortgage Group helps individuals in Santa Barbara choose from a selection of loan programs that suit their needs. It offers mortgage refinancing options for various property types, including townhouses, condominiums, single-family houses, multi-family residences, and vacation homes. In addition, it provides FHA, USDA, VA, and jumbo loans as well as adjustable-rate and fixed-rate, interest-only, and graduated payment options. Clients can use the mortgage calculators on its website to evaluate their options and make informed decisions.

  • New Construction

2751 Park View Court, Unit 271, Oxnard, CA 93036
WebsiteLicense: 1674069

Expertise.com Rating

Review Sources

Google
5.0 (3)

Why choose this provider?

Jerry Avila is a loan officer who offers mortgage services to clients in and around Santa Barbara. He specializes in refinancing, helping clients find loans with better terms or take some cash out of their properties. His agency provides clients with professional support and assistance in navigating through the mortgage process. Avila’s primary clients are first time home buyers, but also lends his services to move-up and second-home buyers, investment buyers, and seniors seeking reverse mortgages.

  • New Construction

1736 State St, Santa Barbara, CA 93101
WebsiteLicense: 57662

Expertise.com Rating

Review Sources

Google
4.6 (27)
Yelp
4.5 (15)

Why choose this provider?

Direct Mortgage Funding - Santa Barbara provides solutions to clients in the local metro and the surrounding areas. It offers home purchase and refinancing loan options, including conventional, conforming, VA, FHA, and jumbo loans. Additionally, the company has reverse and fixed-rate mortgage options. Its fixed-rate mortgages are available for 15- or 30-year terms. The company helps clients find mortgage programs based on their needs. Guy Rivera, a branch manager at Direct Mortgage Funding, has over 20 years of real estate finance experience.

  • Reverse Mortgages

125 Union Ave #102a, Orcutt, CA 93455
WebsiteLicense: 244724

Expertise.com Rating

Why choose this provider?

Mickey Hellman heads Edge Home Finance, a mortgage company that assists Santa Barbara individuals and families. Hellman offers different online resources, such as application forms, decision-making guides, and calculators to help clients assess their loan needs. After the client's website application process, Mickey calls them to discuss the loan process or set up an appointment online. Edge Home Finance's refinancing process starts with an analysis request. The company provides homeowners with a plan that matches their needs according to interest rates and terms.

  • New Construction
  • Reverse Mortgages

701 E. Santa Clara Dr., Ventura, CA 93001
WebsiteLicense: 1149844

Expertise.com Rating

Review Sources

Google
4.9 (57)

Why choose this provider?

Teena Broumand serves clients in Santa Barbara who seek mortgage and refinancing solutions. She navigates homebuyers through the complex processes of real estate purchase and covers matters such as cost-benefit analyses of mortgage products and the tax implications of each. These options include VA and conventional loans, and refinancing is available for individuals who wish to take advantage of more favorable terms of debt fulfillment. Teena Broumand is an independent broker who uses online application processes.

  • New Construction

138 N. 10th Street, Santa Paula, CA 93060
WebsiteLicense: 248302

Expertise.com Rating

Review Sources

Google
5.0 (8)
Facebook
5.0 (8)

Why choose this provider?

Triple C Mortgage, Inc. helps residents in the Santa Barbara area achieve their home refinancing or purchasing goals. It assists clients in obtaining the best interest rates and monthly payments for their new homes or investment properties that meet their financial situation. It has funded over $140 million in loans to purchased and refinanced home units with the help of its digital mortgage process that provides borrowers with prompt assistance on their loan applications and pre-qualifications.

  • New Construction

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.
  • Do property owners need to have a home appraisal before applying for a refinance loan in Santa Barbara?

    Yes. Most of the time, property owners need to have their homes appraised before applying for a refinance loan in Santa Barbara. However, an appraisal may not be required, depending on the situation. Families and individuals must communicate with their lenders or advisors to determine whether it is necessary to have a home appraisal.

  • Who are eligible for the Home Equity Conversion Mortgage Program in Santa Barbara?

    In Santa Barbara, the Home Equity Conversion Mortgage Program is designed for homeowners who are 62 years old and older. This program enables seniors to stay in their homes, access their home equity, and eliminate the required monthly mortgage payments. The money from the loan also helps seniors fund their daily living expenses during their retirement.

  • How can cash-out refinance loans help real estate investors in Santa Barbara?

    Cash-out refinance loans allow real estate investors in Santa Barbara to pull equity from an existing home. They refinance rental or investment property to pay off an existing loan that will be due soon and lower interest rates. They also take funds from cash-out refinance loans to purchase other residential rental and commercial properties.

  • Can lenders in Santa Barbara provide refinance reverse mortgage services to heirs?

    Yes. Financial lenders in Santa Barbara can provide refinance reverse mortgage services to heirs. If heirs do not have the fund to settle reverse mortgages, they can take out cash from a reverse mortgage loan. However, conventional lenders may not be able to accommodate heirs since the property are not under their name. If the reverse mortgage was refinanced, the title can be transferred under the name of the heirs.

  • When can commercial property owners in Santa Barbara apply for rate and term and cash-out refinance loans?

    Commercial property owners in Santa Barbara can apply for rate and term refinance loans if they want to reduce their monthly payments. A cash-out mortgage loan is a better idea if they need additional funds for expenses or investments. Investors can shop with several lenders to choose terms and conditions suited to their financial goals and current situations.

  • 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.