Expertise.com

Best Mortgage Refinance Companies in South Gate

2024

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Website
10842 Paramount Blvd., Downey, CA 90241
  • New Construction
  • Reverse Mortgages

Why choose this provider?

New World Mortgage serves customers in the South Gate community. It assists with home loan refinance, providing programs that allow clients to consolidate debt, keep monthly payments low, reduce interest rates, and borrow funds from home equity. It offers conventional and government loans, including HomePath, HomeReady, jumbo, FHA, VA, and USDA. New World Mortgage is a division of American Pacific Mortgage Corporation, headed by Luz Lluncor, who has over 20 years of experience in the industry.

License Verified:

License: 303729

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 (47)
Yelp
5.0 / 5 (34)
Google
5.0 / 5 (22)

Website
8207 3rd St., Suite 102, Downey, CA 90241
  • Reverse Mortgages

Why choose this provider?

Ivania Morales is a branch manager at Paramount Residential Mortgage Group. She offers various refinancing products for clients in South Gate, including fixed-rate and adjustable-rate mortgages. Morales offers conforming loans and jumbo and super jumbo loans and handles government loans, such as FHA, VA, and USDA. She also provides reverse mortgage options for elderly clients. Morales has been in the real estate industry since 1989 and has been a loan officer since 1999. She is fluent in Spanish.

License Verified:

License: 242851

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

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
South Gate, CA
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Octavio Quevedo is a mortgage loan officer providing its services throughout the South Gate metro and the surrounding areas. Octavio serves individuals and families needing assistance in refinancing their current mortgage loans to change their rates or reduce their interest. He caters to individuals purchasing condominiums, investment properties, commercial facilities, and residential units using mortgage loans. Born and raised in Mexico, Octavio also caters to Spanish-speaking clients needing mortgage services. He has been in the industry since 1999.

License Verified:

License: 489836

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 (20)

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
7847 Florence Ave Ste 105, Downey, CA 90240
  • Commercial Loans

Why choose this provider?

Patty The Mortgage Girl caters to clients across the South Gate area. The company's primary loan specialist—Patty Hernandez—works with homeowners looking to refinance their loans. She takes into consideration the client's financial situation as part of her work process. She also provides conventional and FHA loans for aspiring homeowners. For veterans and their families seeking to obtain homes, Patty offers mortgage programs backed by the VA. She has been operating in the lending industry for more than a decade.

License Verified:

License: 350709

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 (10)

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
8255 Firestone Blvd #110, Downey, CA 90241
  • New Construction

Why choose this provider?

Downey Capital Mortgage serves the home financing needs of clients in South Gate. It helps homeowners and home buyers lower their interest rates, consolidate debts, and cash out equity through refinancing. Its loan consultants offer various programs, such as fixed-rate and adjustable-rate mortgages and jumbo loans, for single-family homes, multi-family units, and condominiums. Downey Capital Mortgage has interactive calculators that help borrowers evaluate various scenarios and financing options to project potential expenses. It also blogs about the state of the housing market and home inspections.

License Verified:

License: 1640363

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 (18)
Facebook
5.0 / 5 (6)

Website
10907 Downey Ave. #202,, Downey, CA 90241
  • New Construction

Why choose this provider?

My Lender Camacho has been assisting home buyers in the South Gate metro. The owner, Bryan Camacho, provides mortgage refinancing options depending on each client's preferences and needs. He also offers various types of loan products such as FHA, VA, conventional, and downpayment assistance. Bryan follows a loan qualification process and assists his clients with the process and forms partnerships with them. My Lender Camacho has been in operation for more than six years.

License Verified:

License: 1526774

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 (42)

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
117 S Garfield Ave., Alhambra, CA 91801
  • New Construction

Why choose this provider?

AAA Lendings is a mortgage lender that serves residents in South Gate and the neighboring communities. The lender specializes in various mortgage loan programs, such as No Doc No Credit, second, Non-QM, and jumbo loans. Its team of mortgage brokers also offers customers Elite WVOE, true stated income, asset depletion, and home equity line of credit loans. AAA Lendings has been helping customers with their mortgage needs since 2002 and has expanded in more than 44 states.

License Verified:

License: 295075

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
Google
4.6 / 5 (21)
Facebook
5.0 / 5 (7)
Yelp
2.5 / 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
700 Flower St #1000, Los Angeles, CA 90017
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Shannon Christenot is a Los Angeles-based mortgage broker that caters to clients across South Gate. She educates property owners on the process of refinancing their mortgages. Christenot discusses current market trends and the client's financial situation as part of her efforts to help them switch from an adjustable-rate loan to a fixed-rate program. She also works with first-time homebuyers and offers MyHome, a down payment assistance program from the California Housing Finance Agency. Christenot has spent over 10 years in the industry.

License Verified:

License: 278136

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 (47)
Facebook
5.0 / 5 (10)

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
116 S. Catalina Ave, Ste 111, Redondo Beach, CA 90277
  • Reverse Mortgages

Why choose this provider?

Craig Barton is a home financing specialist serving South Gate and the surrounding locations. He assists clients through the home refinance process, whether they are looking to change current mortgage terms, lower interest rates, or obtain cash from home equity. Conforming, super jumbo, and USDA loans are some of the options he offers. He also caters to clients who need to secure funding for home or investment property purchases. Barton utilizes his knowledge of market conditions when offering financial advice.

License Verified:

License: 358342

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 (13)

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
9317 Firestone Blvd, Downey, CA 90241
  • New Construction

Why choose this provider?

Powerhouse Mortgage Inc. is a full-service loan company catering to homeowners in South Gate. It offers mortgage refinancing for different types of properties such as single-family homes, townhouses, and condominiums. It offers a variety of loan products including USDA streamline, conventional, HELOC, HARP, commercial and jumbo. Other niche products include down payment assistance and bank statement programs. Its officers assist clients through a streamlined process for first-time home buyers or those looking to refinance their current homes.

License Verified:

License: 337768

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
Facebook
4.6 / 5 (29)
Google
1.0 / 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
––

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.
  • Is it true that in South Gate, a VA loan is a single-use benefit?

    It is not true that a VA loan is a single-use benefit in South Gate. The entitlement may be reused for refinancing or subsequent purchase purposes depending on the eligibility of the applicant. This information will be contained in the VA Form 26-1880 or the home loan certificate of eligibility.

  • What general forms do conventional refinances in South Gate take?

    In South Gate, conventional refinances are usually classified into either rate-and-term or cash-out varieties. The former refers to products that maintain the overall balance of the loan but change the rate of the monthly payments or the overall timeframe of the mortgage. The latter pertains to using increased home equity to obtain cash.

  • How does a person in South Gate's credit score influence interest rates when refinancing?

    When refinancing a mortgage in South Gate, credit scores directly influence how favorable interest rates will be for a borrower. Lenders are likelier to give lower numbers to those who are reputed to pay obligations in full and on time. Thus, having a high credit score indicates improved odds of ultimately getting a cheaper loan.

  • Why is it important to refrain from getting the first refinance product in South Gate that appears to be favorable?

    It is important in South Gate to refrain from getting the first seemingly favorable refinance product because there is a wide market and there might be cheaper or less burdensome products out there. It is advisable to shop around and ask multiple lenders while also consulting brokers and experts to obtain the optimal choice.

  • What external elements influence mortgage interest in South Gate?

    External factors and policies influence interest rates in South Gate, such as the overall growth of the economy, job creation, unemployment, and the monetary policy set by the Federal Reserve. The reserve sets a benchmark interest rate that the open market may follow or ignore, and sometimes it works in reverse and the reserve follows the market.

  • 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.