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2024

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Best Mortgage Refinance Companies in Santa Clarita

Our Recommended Top 7

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 Clarita 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.

95Reviewed

59Curated

7Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

23822 Valencia Blvd Ste 210, Valencia, CA 91355
WebsiteLicense: 1570216

Expertise.com Rating

Review Sources

Yelp
5.0 (22)

Why choose this provider?

CSMC Mortgage is a mortgage broker and lender that works with Santa Clarita clients through its Valencia branch. Its loan officers can help refinance and restructure a client's mortgage. They can shorten the mortgage's term, assist a client in consolidating their debts, and guide a client through using their home equity to obtain funds. The company also offers loan products from its network of lenders, including VA, conventional, jumbo loans, reverse mortgages, and non-qualified mortgages.

  • New Construction

25129 The Old Road, Santa Clarita, CA 91381
WebsiteLicense: 241911

Expertise.com Rating

Review Sources

Yelp
4.5 (163)
Facebook
4.5 (13)

Why choose this provider?

Founded in 1995, Santa Clarita-based mortgage banker and mortgage broker, Augusta Financial, Inc., provides its clients a vast array of mortgage services that include assistance in discovering loan options, calculating monthly mortgage payments, assistance in loan processes, and purchasing a home. It supports first-time homebuyers, real estate investors, and experienced homebuyers in the process of finding the right home. It also offers assistance on loan options, including conventional loans, FHA, VA, bridge loans, and jumbo loans.

  • Reverse Mortgages
  • Multi-Family Loans

1027 North Maclay Avenue, San Fernando, CA 91340
WebsiteLicense: 322768

Expertise.com Rating

Review Sources

Yelp
5.0 (38)
Facebook
5.0 (10)

Why choose this provider?

First Choice Lending is a mortgage refinance company that serves the Santa Clarita area and its surrounding communities. Its loan officers help individuals in refinancing their loans to 15- and 30-year or adjustable-rate mortgages. They also guide them towards choosing a mortgage refinance program that would best serve their interests. In addition, First Choice Lending handles conventional financing for residential property purchases, including VA, FHA, jumbo, and privately funded loans, as well as reverse mortgages.

  • Reverse Mortgages
  • New Construction

28419 Connick Place, Santa Clarita, CA 91350
WebsiteLicense: 3289

Expertise.com Rating

Review Sources

Yelp
5.0 (22)

Why choose this provider?

America Capital Funding is a mortgage refinance company in Santa Clarita that offers a wide range of lending products for various properties, including single and multi-family homes, offices, and retail and industrial buildings. It offers different mortgage rate options and loan programs, including FHA home loans, jumbo loans, USDA loans, and VA loans. The president of America Capital Funding, Robert Nassry, has provided residential real estate construction loans to families, builders, and investors for more than 20 years.

  • Reverse Mortgages
  • New Construction
  • Multi-Family Loans

25060 Avenue Stanford, Valencia, CA 91355
WebsiteLicense: 237717

Expertise.com Rating

Review Sources

Yelp
5.0 (38)
Facebook
5.0 (18)

Why choose this provider?

Southern Oaks Mortgage Inc. is a mortgage broker operating in Santa Clarita. The business assists clients in refinancing their mortgages through its brokers and a refinancing advisor program on its online platform. It offers various loan products, such as VA loans, FHA loans, home improvement loans, reverse mortgages, and home equity loans. Clients commended Southern Oaks Mortgage Inc. for maintaining regular communication and conveying clients' mortgage information in an easy-to-understand format.

  • Reverse Mortgages

9338 Reseda Boulevard, Northridge, CA 91324
WebsiteLicense: 284169

Expertise.com Rating

Why choose this provider?

LA Mortgage, Inc., offers mortgage lending assistance to clients in the Santa Clarita area. Its goal is to help clients navigate through the home loan process so that they can confidently select a suitable mortgage for their needs. Even after selecting their preferred loan program, LA Mortgage continues working with clients to support them in achieving homeownership. Its loan programs on offer include conventional, FHA, jumbo, VA, purchase, and refinance loans. It also has construction, home equity, and reverse mortgage loans.

  • New Construction

7100 Hayvenhurst Avenue, Van Nuys, CA 91406
WebsiteLicense: 356437

Expertise.com Rating

Why choose this provider?

Garrett Todd is a mortgage refinancing service that caters to residents of Santa Clarita and its surrounding areas. It employs a mortgage team with over 50 years of combined industry experience. They offer to advise homeowners on suitable refinancing plans to save money, reduce overall expenses, and address their billing concerns. The company caters to clients who have less-than-perfect credit scores or are self-employed. Founder Garrett Todd aims to make the transaction process smooth and even goes to a client's house to pick up documentation.

  • Reverse Mortgages

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.
  • Which type of loan is suitable for low down payment choices in Santa Clarita?

    The FHA Loan, insured by the Federal Housing Administration, is a favorable choice in Santa Clarita for those individuals seeking lower down payments and more lenient credit requirements. This type of loan offers protection to lenders through mortgage insurance in case of borrower default, often featuring reduced interest rates and simplified qualifications.

  • What are the advantages of choosing a fixed rate mortgage in Santa Clarita?

    Selecting a fixed rate mortgage in Santa Clarita offers the benefit of a consistent interest rate and unchanging monthly payments throughout the loan term. This option proves advantageous for individuals who plan extended residences and prioritize payment stability. However, it is essential to note that Fixed Rate Mortgages typically involve slightly higher interest rates than adjustable rate mortgages.

  • What are the available refinancing options in Santa Clarita?

    In Santa Clarita, homeowners can access several refinancing options to optimize their mortgage terms, including the Fixed Rate Mortgage that ensures stable monthly payments through a consistent interest rate. Alternatively, the Adjustable-Rate Mortgage offers an initial affordability period by featuring an adjustable interest rate after a predetermined duration. Eligible veterans can benefit from the VA Refinance. For those dealing with more significant loan amounts, the Jumbo Loan Refinance presents an opportunity to secure better rates and adjust repayments accordingly.

  • What are the qualifications for an adjustable-rate mortgage in Santa Clarita?

    To qualify for an adjustable-rate mortgage in Santa Clarita, individuals should ideally possess a credit score of 740 or higher and be capable of making a suggested down payment ranging from 5 percent to 20 percent. The qualification process involves evaluating the applicant's credit score, financial stability, income, and employment history. Providing accurate documentation, such as pay stubs and tax returns, is crucial in verifying the applicant's economic credibility.

  • What are the common reasons for refinancing homes in Santa Clarita?

    In Santa Clarita, homeowners refinance their homes for various reasons. These include getting lower interest rates, changing from adjustable to fixed rates, combining multiple mortgages, adjusting terms for faster equity growth or lower payments, switching from interest-only to principal-paying loans, and accessing funds for purchases or settling debts. These goals help improve financial arrangements and homeowners' overall 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.