Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Santa Clara

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 Clara 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.

78Reviewed

52Curated

13Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

3000 Scott Blvd #208, Santa Clara, CA 95054
WebsiteLicense: 2908

Expertise.com Rating

Review Sources

Google
4.9 (63)

Why choose this provider?

Guidance Residential in Santa Clara is a mortgage brokerage and Islamic home financier providing clients with home loans and refinancing options. It is headed by Munther Qtaish, vice president and regional manager for California, Oregon, and Washington. Qtaish is an expert in Shariah-compliant refinancing options such as cash-out refinancing, home affordable refinancing program (HARP), conforming, and conforming jumbo loans. Guidance Residential offers the option to switch from riba mortgages (interest-based) to a riba-free Declining Balance Co-ownership Program.

  • New Construction

1250 Aviation Avenue Suite 200Q, San Jose, CA 95110
WebsiteLicense: 363191

Expertise.com Rating

Review Sources

Facebook
5.0 (29)
Google
5.0 (9)

Why choose this provider?

Eric Garnicki helps individuals and families in Santa Clara reach their homeownership goals. He primarily works with first-time homebuyers, CPAs, and self-employed clients who want to refinance or buy a home. Eric serves as a senior mortgage advisor in C2 Financial Corporation, a company that offers loan options for veterans and customers looking to renovate their homes. The firm also assists senior homeowners ages 62 and older in using their home equity to pay off taxes and health insurance.

  • Reverse Mortgages

2542 South Bascom Avenue Ste. 130, Campbell, CA 95008
WebsiteLicense: 237341

Expertise.com Rating

Review Sources

Yelp
4.0 (54)
Google
4.4 (45)
Facebook
3.7 (15)

Why choose this provider?

Kal Financial delivers refinancing and mortgage solutions to real estate buyers in Santa Clara. The team works on the pre-qualification and pre-approval concerns of property purchasers. Its products include fixed and adjustable-rate mortgages with terms ranging from one year to three decades. Refinancing is also available for overburdened debtors. Kal Financial is led by managing director and advisor David Lawver, who hosts the Silicon Valley Real Estate Hour on KLIV1590 and NBC News Radio.

  • Reverse Mortgages

2195 Tully Road, San Jose, CA 95122
WebsiteLicense: 320775

Expertise.com Rating

Review Sources

Facebook
5.0 (198)
Yelp
4.5 (109)
Google
5.0 (18)

Why choose this provider?

Mega Loans serves the locals of the Santa Clara metro and the surrounding communities. It offers mortgage refinancing and negotiates on behalf of clients to have better rates. They are provided with customized and real-time rate quotes and are immediately notified of market rate movements. Mega Loans has served more than 27,000 clients and runs 14 branches nationwide. It works in partnership with 39 lenders, including Planet Home Lending, Loan Stream Mortgage, Provident Funding, and Flagstar Bank.

  • Reverse Mortgages

1155 Meridian Avenue, San Jose, CA 95125
WebsiteLicense: 216565

Expertise.com Rating

Review Sources

Google
4.1 (30)

Why choose this provider?

For more than two decades, SnapFi has been catering to clients in Santa Clara seeking to purchase, mortgage, or refinance a residential property. Its refinance program helps customers obtain lower rates, cash in or out of loans, leverage equity for renovation, and pay down debts. The company's mortgage advisers work on simplifying the home financing process and guide clients from beginning to end. SnapFi offers a fully online and digital experience, with human interaction available when needed.

  • Reverse Mortgages

900 E Hamilton Avenue Suite 100, Campbell, CA 95008
WebsiteLicense: 225953

Expertise.com Rating

Review Sources

Yelp
5.0 (264)
Facebook
5.0 (28)
Google
5.0 (24)

Why choose this provider?

O2 Mortgage provides refinancing services in Santa Clara. The business started as a small residential finance company and has now grown to a full-scale mortgage company. Its staff offers a variety of refinancing loans and purchase loans. The agents personally cater to clients by keeping in touch throughout the application process. O2 Mortgage gives back to the community by supporting programs for the Pacific Autism Center for Education, Audacity Performing Arts, and American Pacific Mortgage, giving a portion of the commission earned from every purchase transaction.

  • New Construction
  • Reverse Mortgages

116 E. Campbell Ave. Suite 5, Campbell, CA 95008
WebsiteLicense: 325332

Expertise.com Rating

Review Sources

Yelp
5.0 (62)
Google
5.0 (19)
Facebook
5.0 (16)

Why choose this provider?

Loans by Irene is a woman-owned firm that provides homeowners in Sta. Clara with various loan options. It assists single-family, condo, and townhouse owners in lowering their monthly payments, obtaining shorter terms, or getting cash from equity through refinancing loans. Owner and loan originator Irene Moustakas has been in the industry since 2001 and is a certified military housing specialist. Her other loan products include conforming, FHA, VA, business entity, and jumbo loans. In addition, she assists first-time buyers in getting pre-approved.

  • New Construction

1762 Technology Dr. Suite 106, San Jose, CA 95110
WebsiteLicense: 1725050

Expertise.com Rating

Review Sources

Google
5.0 (31)

Why choose this provider?

PRMG San Jose delivers mortgage and refinancing options to clients situated in Santa Clara. It is a direct lender that delivers Freddie Mac and Fannie Mae programs to real estate buyers and renovators. The agency issues products backed by the government and fit for members of the national defense establishment and investors looking into agricultural assets. PRMG runs its own non-profit organization, PRMG Cares, and the latter supports healthcare and veterans' welfare charities locally and nationwide.

  • New Construction

1245 S Winchester Blvd., San Jose, CA 95128
WebsiteLicense: 1035734

Expertise.com Rating

Review Sources

Google
4.9 (263)
Facebook
4.8 (94)
Yelp
5.0 (1)

Why choose this provider?

InstaMortgage provides services to clients in the Santa Clara metro and the surrounding areas. It helps individuals apply for refinance plans to reduce their mortgage loan terms, obtain cash-out, eliminate insurance premiums, and lower rates. It also assists clients in purchasing their first homes using mortgage loan programs. The agency's founder, Shashank Shekhar, authored First Time Home Buying 101 and Real Estate Unleashed and is the host of the "Shashank Redemption" podcast where he talks about entrepreneurship, startups, and FinTech. Shekhar has been featured in The Washington Post, Yahoo Finance, and HuffPost.

  • Mortgage Lender
  • Reverse Mortgages

4880 Stevens Creek Blvd., Suite 200, San Jose, CA 95129
WebsiteLicense: 280923

Expertise.com Rating

Review Sources

Yelp
5.0 (22)
Google
5.0 (9)

Why choose this provider?

Franny Yen is a mortgage professional who strives to meet the diverse goals of the Santa Clara community. Yen and her team help homeowners save money through refinancing programs and aid them in navigating the application procedure, from assessment to loan closing. They create specialty refinancing solutions for niche clients with low credit scores or not enough credit histories and those who are high-income earners. Yen has been in the industry since 1997 and also serves foreign nationals.

  • New Construction

1250 Aviation Ave #200q, San Jose, CA 95110
WebsiteLicense: 680768

Expertise.com Rating

Why choose this provider?

C2 Financial Corporation serves individuals, families, and businesses in the Santa Clara area. It assists clients with its streamlined refinancing process, which may help them lower their existing mortgage payments, cash out for repairs and upgrades, lower their interest rate, and shorten the duration of their loan for speedier repayment. It also offers various loan options such as FHA, VA, conventional, jumbo, adjustable-rate, and fixed-rate mortgages. C2 Financial Corporation is a member of the Association of Independent Mortgage Experts.

  • New Construction
  • Reverse Mortgages

1525 McCarthy Boulevard, 1140, Milpitas, CA 95035
WebsiteLicense: 864575

Expertise.com Rating

Review Sources

Google
4.8 (20)

Why choose this provider?

InterFirst Lending is an independent mortgage company that serves residential customers in Santa Clara. It assists clients in lowering rates and monthly payments with refinancing solutions. Its loan options include fixed-rate, ARM, and jumbo loans of up to $3 million. It works with first-time homebuyers and seasoned real estate investors. InterFirst Lending owner Abi Said has an extensive background in finance and strives to revamp the mortgage process with a digital model for expedited applications and customer transparency.

  • New Construction

2160 Lundy Avenue, Suite 200, San Jose, CA 95131
WebsiteLicense: 1865449

Expertise.com Rating

Review Sources

Google
5.0 (792)
Yelp
5.0 (8)

Why choose this provider?

Googain is a full-service banker and broker catering to the refinancing needs of the Santa Clara area. To assist loan borrowers in the refinancing process, the company leverages online technology such as mortgage tools, rate generators, and an application portal. Its loan officers guide clients in accomplishing refinancing transactions, starting from application and escrow to document signing. Googain was established in 2004 and is a Freddie Mac, Fannie Mae, and CalHFA seller. It is the winner of ICE Mortgage Technology's 2022 Innovation Award.

  • 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.
  • How can the loan-to-value ratio affect your refinance in Santa Clara?

    The loan-to-value ratio in Santa Clara can have an effect on your mortgage refinancing. A high LTV is required to be able to secure refinancing and will also determine if you need to pay for Private Mortgage Insurance. Your LTV is the ratio of the loan amount you are asking for to the assessed value of your home.

  • How much credit score do you need to secure a mortgage refinancing in Santa Clara?

    The credit score you will need to secure a mortgage refinancing in Santa Clara will depend on the type of loan. For conventional loans, the minimum amount of credit score you need is 620. Meanwhile, a credit score of 520 is required to qualify for government-backed loans like VA and FHA. It is important to note that different lenders have varying credit score requirements.

  • Are there any prepayment penalties if you decide to pay off the loan early in Santa Clara?

    Yes, there will be corresponding prepayment fees if you decide to close your loan earlier than the term in Santa Clara. It will be calculated based on the outstanding balance and the remaining term of the loan. Some loans that levy prepayment penalties are fixed-rate loans and sub-prime loans.2

  • What is the purpose of a home appraisal in Santa Clara?

    The purpose of a home appraisal in Santa Clara and throughout California is to determine the current market value of your real estate property. Generally, your property will have a higher appraised value if it has a large land area and the presence of economic development within the vicinity.

  • What documentation do you require for the refinance application in Santa Clara?

    When applying for a mortgage refinancing in Santa Clara, you may need to provide financial documents to be able to process your loan. You need to submit your latest tax returns, bank forms, W-2, and proof of income. Once these documents are ready, you may submit a loan application with your lender.

  • 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.