Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Santa Maria

Our Recommended Top 11

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 Maria 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.

65Reviewed

43Curated

11Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
120 Dandelion Lane, Templeton, CA 93465
  • Reverse Mortgages

Why choose this provider?

Spinnaker Financial provides a variety of home loan options to residents of Santa Maria and the surrounding areas. The company has been in business for over 30 years, assisting clients in understanding their home financing options and matching them with a program that meets their specific needs and preferences. Among its most popular programs are conventional, FHA, and VA loans. Spinnaker Financial's mortgage officers also assist clients with refinancing to lower their current interest rates.

License Verified:

License: 264883

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 (12)
Google
5.0 / 5 (5)
Yelp
5.0 / 5 (2)

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
1619 S. Broadway, Santa Maria, CA 93454
  • Multi-Family Loans

Why choose this provider?

PB & Associates caters to clients throughout Santa Maria. The agency has been providing mortgage refinancing options and home loan programs to property seekers, homebuyers, and investors for over two decades. It offers a range of products that covers self-employed and governmental conditions, such as VA, USDA, and FHA loan options. In addition, it can access a wide range of properties available for purchase. PB & Associates works with companies, including Prismo Coast, Equal Housing Lender, and Santa Maria Valley Chamber.

License Verified:

License: 352390

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
5.0 / 5 (7)
Google
5.0 / 5 (3)
Yelp
3.5 / 5 (2)

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
6907 El Camino Real Suite A, Atascadero, CA 93422
  • New Construction

Why choose this provider?

Mason Mortgage Services is a locally owned and operated brokerage firm that serves Santa Maria and the surrounding areas. It helps clients refinance existing mortgages in order to lower their interest rates or monthly payments. It also offers refinancing programs for debt consolidation, home improvement, or cash-out purposes. The brokerage also provides home purchase loans such as FHA, VA, USDA, and jumbo loans. Owners Kelly and Erika have more than three decades of combined experience in the mortgage industry.

License Verified:

License: 1309497

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 (7)
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
125 Union Ave, Suite 102A, Orcutt, CA 93455
  • New Construction

Why choose this provider?

Mickey Hellman is a mortgage broker with Edge Home Finance Corporation. His clients include Santa Maria residents who are considering replacing their outstanding mortgage with a different program that better suits their financial situation. He completes a refinance analysis to determine whether customers qualify for getting a lower interest rate, building home equity, or taking cash out of the mortgage. VA, FHA, jumbo, conforming, fixed-rate, and adjustable-rate loans are among the services provided by Hellman.

License Verified:

License: 244724

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
Google
4.8 / 5 (58)

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
735 Tank Farm Rd. Suite 210, San Luis Obispo, CA 93401
  • Reverse Mortgages

Why choose this provider?

Pacific Trust Mortgage has been handling the refinancing needs of customers in and around Santa Maria since 2002. The firm offers a wide selection of refinancing options for clients, including fixed-rate and adjustable-rate mortgages and FHA and VA home loans. Additionally, its loan consultants assist clients in selecting programs that meet their specific needs and situations. An array of loan options are also available for those seeking to buy their first homes or investment properties.

License Verified:

License: 251821

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 (7)
Yelp
5.0 / 5 (2)

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
203 B North H St., Lompoc, CA 93436
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Santa Fe Mortgage is a local brokerage that serves Santa Maria and the surrounding areas. Its team of experts helps clients finance their homes through various mortgage products. They handle various loan types and, through their refinance programs, help adjust rates, lower payments, and consolidate debt. The company's president, Fred Bittle, has over two decades of industry experience and is fluent in Spanish. He works with the local community as a member of the Lompoc Valley Chamber of Commerce.

License Verified:

License: 297153

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
5.0 / 5 (36)
Yelp
3.5 / 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
7340 Morro Rd, Atascadero, CA 93422
  • Multi-Family Loans

Why choose this provider?

The Mortgage House delivers digital solutions to the refinancing needs of borrowers in Santa Maria. Through ICE Mortgage Technology, the company deploys decision-making tools that help loan holders calculate the benefits of refinancing. In addition, its loan officers deliver an individualized approach to each refinancing application to aid clients in achieving their goals. The Mortgage House comprises a team of professionals with over 200 years of combined experience. It has funded over $10 billion in loans to date.

License Verified:

License: 309234

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.
4.4
Facebook
4.6 / 5 (11)
Google
5.0 / 5 (3)
Yelp
1.0 / 5 (1)

Website
6904 El Camino Real, Atascadero, CA 93422
  • Reverse Mortgages

Why choose this provider?

Gold Standard Mortgage is an agency that provides mortgage refinancing options for homeowners in Santa Maria and the surrounding metros. The team helps clients have lower monthly payments or use refinancing to cash out for education funding, home improvement projects, and starting up a business. Being family-founded, Gold Standard Mortgage aims to help families realize their dreams of homeownership. The loan consultants from this company also guide clients when navigating through their options from the different loan programs available.

License Verified:

License: 1285715

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
4.8 / 5 (54)

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
2000 State St., Suite A, Santa Barbara, CA 93105
  • Reverse Mortgages

Why choose this provider?

Ranch & Coast Mortgage Group serves clients throughout Santa Maria and its neighboring cities. It offers loan programs for mortgage refinancing and home purchasing. It provides various types of loans, such as fixed-rate, fixed-period adjustable-rate, super jumbo, FHA, VA, and Cal PERS and Cal VET loans. Additional loan programs that borrowers can avail themselves through the company include reverse mortgage, home equity, and home equity line of credit loans. Elvin Wesley, company founder, has been in the mortgage industry for more than two decades.

License Verified:

License: 237410

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.
3.8
Google
3.8 / 5 (5)

Website
100 E Ocean Avenue, Lompoc, CA 93436
  • Reverse Mortgages

Why choose this provider?

Leachman Home Loans is a full-service brokerage that covers refinancing applications from clients in Santa Maria. Its mortgage manager service allows applicants to gauge potential financial choices that grant opportunities for debt payments, home equities, and improved monthly settlements. Its consultants are available on a 24-hour basis for inquiries, concerns, and reviews of various alternatives that are canvassed from different lenders. They also conduct regular assessments of local property values and interest rates to help clients adjust their planned and existing loans.

License Verified:

License: 328197

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
1111 S Broadway Suite 111, Santa Maria, CA 93454
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Veterans Lending Group helps Santa Maria homeowners refinance their mortgages to a more favorable term or lower interest rate, allowing them to save significant amounts of money over the life of their loans. Its loan officers also help clients change their financing to free up cash for college tuition, home renovation, or unexpected home repair. Veterans Lending Group is dedicated to serving military families by meeting their VA cash-out refinance needs. Since its inception, the company has assisted more than 5,000 military families.

License Verified:

License: 1984038

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
4.8 / 5 (94)
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

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.
  • Should borrowers in Santa Maria who want to move into a new house consider submitting a mortgage refinancing application?

    It would be wise to reevaluate applying for a refinance mortgage in Santa Maria if you foresee a potential move or substantial changes to your living circumstances. Since closing expenses for refinancing range from 2 to 5 percent of the loan's principal, it can take some time for you to recover costs. If you intend to move within a few years, the expenses of refinancing can outweigh the advantages.

  • Are there any costs involved in completing a mortgage refinance in Santa Maria?

    Yes, completing a mortgage refinance or closing a housing or mortgage loan in Santa Maria will require borrowers to pay the following fees:

    • Tax Service
    • Lender Fees
    • Credit Report
    • Flood report
    • Escrow
    • Title Insurance
    • Notary
    • Recording Fees
    • Appraisal In some refinance agreements, an appraisal is not required, and in other cases, the lender will reimburse the appraisal charge.
  • Who are qualified for a refinance mortgage in Santa Maria?

    Individuals eligible for a mortgage refinance in Santa Maria must possess the following qualifications:

    • Minimum credit scores: Must pass the credit score requirements set by the lender.
    • Loan-to-value limits: The LTV must be at or less than the maximum limit established for a particular refinance program.
    • Debt-to-income boundaries: To prove loan affordability, most loans require a DTI of 36%–50%.
    • Necessary assets: Must meet the required funds needed for closing costs and reserves.
    • Income: Income proof, including paystubs, W-2s, and tax returns for self-employed individuals.
    • Appraisal: Essential for cash-out refinancing to gauge equity sufficiency.
  • Can someone still qualify for a refinance mortgage in Santa Maria if their prior mortgage is almost paid off?

    For Santa Maria residents who are nearing the completion of their mortgage payments, it might be prudent to consider waiting instead of opting for refinancing, even if the terms of a refinance seem more favorable than the current ones. This is because refinancing may increase overall costs and lengthen the loan term, making it less favorable in the long run.

  • What can borrowers in Santa Maria do with their cash-out refinance loan proceeds?

    Eligible borrowers in Santa Maria may utilize the cash they get from a cash-out refinance loan to perform maintenance and upgrades, cover college costs, pay for a wedding, launch a business, or buy an investment property. The money may also be used as budget to pay for medical costs, unforeseen events, or for personal loans or high-interest credit card debt. By taking out a cash-out refinance loan, borrowers can borrow money using the equity in their houses as collateral.

  • 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.