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Best Mortgage Refinance Companies in Sunnyvale

2024

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Providers

Last updated:

Website
4880 Stevens Creek Blvd Suite #200, San Jose, CA 95129
  • New Construction

Why choose this provider?

Tina Elias, a mortgage professional at The Loan Story, serves clients in Sunnyvale. She provides individualized support to clients looking for a mortgage program to purchase or refinance homes, assisting them through the entire loan underwriting and closing procedure. During the application process, the loan officer assesses borrowers' income bracket and financial situation to determine the best mortgage options, rates, and repayment terms for them. Elias has been involved in the mortgage industry for 15 years.

License Verified:

License: 280238

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 (22)
Facebook
5.0 / 5 (10)

Website
1288 Kifer Road, Suite 208, Sunnyvale, CA 94086
  • New Construction

Why choose this provider?

Googain Sunnyvale has been serving clients in the metro since 2004. The agency guides homeowners and first-time homebuyers with various refinancing and purchasing options that match their financial goals. It offers comprehensive loan programs from Fannie Mae, Freddie Mac, CalHFA, and VA. Clients can also utilize mortgage calculators on the company's website to determine the break-even point on their refinanced loans. The company assists in home valuation for customers looking to sell their properties. Googain Sunnyvale received the 2022 Innovation Award from ICE Mortgage Technology.

License Verified:

License: 292368

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 (789)
Yelp
5.0 / 5 (8)

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
900 E Hamilton Avenue Suite 100, Campbell, CA 95008
  • New Construction

Why choose this provider?

O2 Mortgage serves customers in Sunnyvale who need loans and refinancing options. These choices are geared toward a variety of borrowers including those with less than ideal credit scores. Refinancing is available to take advantage of less onerous rates and conditions. The company operates under the American Pacific Mortgage Corporation and is active across nine states across the union. O2 Mortgage supports the Audacity Performing Arts theater company and the Pacific Autism Center for Education.

License Verified:

License: 1850

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 (264)
Facebook
5.0 / 5 (28)
Google
5.0 / 5 (24)

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
1625 The Alameda #401, San Jose, CA 95126
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Mortgage Magic offers its financial options to potential applicants from neighborhoods in the Sunnyvale metro. Its agents have been helping clients refinance their existing loans and secure funding for debt payments, tuition fees, and home improvements. They regularly conduct holistic analyses of the local mortgage market to identify potential changes in interest rates for the adjustment of various programs. For its services and expertise, the firm has received the Community Excellence award from the San Jose Chamber of Commerce.

License Verified:

License: 331340

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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1551 McCarthy Blvd. #211, Milpitas, CA 95035
  • New Construction

Why choose this provider?

Low 30 Mortgage has a cash out refinancing option for its clients in the Sunnyvale neighborhood and surrounding areas. It can also employ a saving strategy for debt consolidation. Other loan products available are the 30-year fixed jumbo loan, 30-year fixed investment loan, and DSCR Loans. With a streamlined process, its agents can guide clients as they go through the steps one by one. Low 30 Mortgage's website has pages dedicated to educating its visitors on how mortgages work.

License Verified:

License: 350998

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)

Website
2975 Bowers Ave Suite 315, Santa Clara, CA 95051
  • Reverse Mortgages

Why choose this provider?

Veridian Mortgage assists Sunnyvale-based individuals and families in refinancing their home loans for improved financial security. Its team assesses each client's situation and determines their eligibility for various programs based on factors such as job changes, HOA litigations, and bankruptcy. It provides access to a selection of different loans and refinancing options that are canvassed from more than 100 local lenders. It also organizes informative seminars, offers regular progress reports on market changes, and promotes continuing education classes that involve various mortgage-related subjects.

License Verified:

License: 316406

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 (43)
Facebook
4.3 / 5 (7)

Website
2195 Tully Roa, San Jose, CA 95122
  • Reverse Mortgages

Why choose this provider?

Thuan Nguyen is Loan Factory's CEO. His firm offers mortgage and refinance products to clients in Sunnyvale who want to purchase homes, lower their interest or payments, or receive cash. Since its establishment, Loan Factory has served over 27,000 clients and closed more than $11 billion in loans in 14 branches around the country. It represents 39 lenders, including TJ Financial, Provident Funding, JMAC Lending, Carrington, and Home Point Financial. The agency is an equal housing opportunity brokerage.

License Verified:

License: 320775

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 (198)
Yelp
4.5 / 5 (109)
Google
5.0 / 5 (18)

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
1155 Meridian Avenue #100, San Jose, CA 95125
  • Multi-Family Loans
  • New Construction
  • Reverse Mortgages

Why choose this provider?

For more than 25 years, Snapfi has been providing the mortgage needs of clients in Sunnyvale and the surrounding areas. Its team specializes in helping individuals and families refinance their existing mortgage loans to lower their rates, obtain home improvement funds, pay off debts, and reduce monthly payments. These mortgage refinance programs also helps clients cash out their equity to purchase other real estate or provide for college expenses. Snapfi has refinanced more than 4,000 homes throughout the community.

License Verified:

License: 216565

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.
4.7
Yelp
4.9 / 5 (79)
Google
4.3 / 5 (34)

Website
1022 Lancer Drive, San Jose, CA 95129
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Manka Mortgages works with Sunnyvale residents who want to refinance their existing home loans. Chacko "Jacob" Varghese, the company's mortgage loan specialist and broker, provides clients with personalized solutions while guiding them through the mortgage process. He also assists them in negotiating a loan that fits their financial situation. A previous client has commended Jacob for constantly communicating throughout the process and responding quickly to questions. Manka Mortgages also assists clients with their jumbo loan requirements.

License Verified:

License: 327086

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
4.9 / 5 (9)

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
1525 McCarthy Boulevard, 1140, Milpitas, CA 95035
  • Reverse Mortgages

Why choose this provider?

InterFirst Lending helps residents of Sunnyvale obtain mortgage refinancing loans. It is a Silicon Valley-based independent mortgage agency that assists clients such as first-time home buyers and real estate investors. The company offers various loan programs that include fixed loans with 15-, 20-, 25-, and 30-year terms. It also provides ARM loans with 3-, 5-, 7- and 10-year fixed terms. Its jumbo loans have funds amounting to $3 million. The company has since funded over $1 billion dollars worth of loans.

License Verified:

License: 864575

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

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

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 there a large number of private money lenders in Sunnyvale that offer mortgage refinancing services?

    Yes, 50 lenders specializing in private money refinancing serve the city of Sunnyvale. The average loan amount stands at $345,834, while the typical interest rate for hard money loans extended to investors in the city averages 9.9%. Loans in this city typically span 28 months on average. An average origination fee of 2.5% is applied to the loans. Lenders provide a 75% loan-to-value ratio for hard money loans in Sunnyvale.

  • Can homeowners in Sunnyvale access mortgage refinancing services from hard money lenders?

    Yes. Sunnyvale homeowners can secure mortgage refinance loans through hard money lenders. These lenders provide various refinance loans, including cash-out, refinance, and reverse mortgage refinance options, which are backed by real estate assets. Refinance loans serve the purpose of acquiring more favorable interest rates or extending the repayment period. Conversely, individuals opt for cash-out refinance loans when they intend to extract equity from their property to fund other ventures.

  • Can a multi-property mortgage loan in Sunnyvale be extended through bridge refinance?

    Yes. Bridge refinance, knowns as a bridge loan or bridge financing, is a short-term loan used to provide temporary financing until a permanent or long-term solution is secured. An example is a $16,500,000 bridge loan secured by George Smith Partners for a 173-unit multifamily property in Sunnyvale. The first mortgage is set for a duration of 12 months at a rate of 5.9%, devoid of any prepayment charges. The loan can be extended for another 12 months, subject to a rate of 6.9%.

  • What are local refinance rates in Sunnyvale?

    The refinance interest rates offered for 30-year fixed mortgages in Sunnyvale vary between 6.62% and 7.50%. Among 24 ZIP codes, such as 94552 and 94568, homeowners enjoy the most favorable refinance rate of 6.62%. On the other hand, homeowners face a higher rate of 7.50% in 16 different ZIP codes, including 95054 and 95033.

  • How often can homeowners in Sunnyvale and throughout California refinance their mortgages?

    Sunnyvale homeowners who have mortgages face no restrictions on the number of times they can refinance their loans. Nonetheless, it is important to be mindful of the potential drawbacks of frequent refinancing. Engaging in excessive refinancing might eventually result in high expenditures in the form of closing costs and related fees.

  • 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.