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Best Mortgage Refinance Companies in Huntsville, AL

Our Recommended Top 11

We did the research for you!

  • Licensing
  • User Reviews
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Our goal is to connect people with the best local professionals. We scored Huntsville 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.

103Reviewed

66Curated

11Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

415 Meridian St, Huntsville, AL 35801
WebsiteLicense: 251519

Expertise.com Rating

Review Sources

Google
5.0 (71)
Yelp
5.0 (1)

Why choose this provider?

Tim Byrne Mortgage Lender is based in Huntsville. It works with SouthState Bank Mortgage to help refinancers find a loan program for their needs, whether it involves reducing the loan term, consolidating debts, or switching from an adjustable-rate to a fixed-rate mortgage. Various options are available, including construction, FHA, conventional, physician, and lot mortgages. Tim Byrne, a local lender and former US Army Corporal, has assisted veterans and active service members in obtaining VA loans.

  • New Construction

303 Williams Ave SE, Huntsville, AL 35801
WebsiteLicense: 1018333

Expertise.com Rating

Review Sources

Google
3.9 (18)

Why choose this provider?

Worthington Mortgage Bankers has been serving borrowers in Huntsville since 1997. The company works with clients refinancing their mortgages to obtain low payments, shorten their terms, consolidate their debts, and access their home's equity. Its team members navigate borrowers throughout the process, from applying for the program to closing the transaction. The company's website has a mortgage calculator that shows clients the breakdown of their payments and their amortization schedule. It also offers reverse mortgage and VA loan solutions.

  • Reverse Mortgages

228 Holmes Ave. NE 5th Floor., Huntsville, AL 35801
WebsiteLicense: 1886189

Expertise.com Rating

Review Sources

Google
5.0 (61)
Facebook
5.0 (12)

Why choose this provider?

Redmond Lending Group caters to clients in Huntsville. Its specialists work with borrowers looking to refinance their existing mortgages to modify mortgage rates, change loan terms, reduce monthly payments, consolidate debts, or cash out equity for home improvements. They also accommodate clients who wish to buy their first homes and investment properties. Redmond Lending Group is available 24/7 for loan approvals and financing processes. Owner Robby Redmond has been in the finance and banking industry for over two decades.

  • New Construction
  • Reverse Mortgages

100 Jefferson St., South, Suite 100B, Huntsville, AL 35801
WebsiteLicense: 229593

Expertise.com Rating

Review Sources

Google
4.9 (66)
Facebook
4.2 (27)
Yelp
1.0 (1)

Why choose this provider?

Lawhorn & Associates Mortgage Company, Inc., serves Huntsville residents seeking home refinancing loans. It offers streamline and cash-out refinancing for FHA, USDA, and VA loans, as well as FHA 203(k) and HELOC. It also provides home purchase financing. Its staff specializes in 15- and 30-year fixed-rate loans. The mortgage broker has agreements with private, direct, and commercial mortgage lenders, giving customers access to a wide variety of options. It has been in business since 1992 and also serves the residents of Colorado and Florida.

  • Reverse Mortgages

900-A Merchants Walk SW, Huntsville, AL 35801
WebsiteLicense: 65084

Expertise.com Rating

Review Sources

Facebook
4.5 (382)
Google
4.7 (357)
Yelp
1.5 (14)

Why choose this provider?

1st Family Mortgage Company provides services to homeowners and buyers in Huntsville and nearby cities. It helps clients identify financing options that match their requirements by lowering interest rates or monthly payments, consolidating debt, shortening loan terms, and cashing out money for home repairs or other expenditures. It also offers several different loan programs, such as FHA, VA, conventional, home purchase, and jumbo. 1st Family Mortgage Company has been in the home lending business for more than 20 years.

  • Multi-Family Loans
  • New Construction

720 Gallatin Street SW, Suite 150, Huntsville, AL 35801
WebsiteLicense: 1482471

Expertise.com Rating

Review Sources

Facebook
5.0 (9)
Google
5.0 (5)

Why choose this provider?

Emily Loper is a loan officer with FirstBank Mortgage. She caters to clients in Huntsville and the surrounding areas seeking mortgage refinancing solutions. Whether borrowers are looking to tap into their homes' equities, lower their monthly premiums, or shorten the length of their loans, Emily offers flexible refinancing plans. She also provides conventional, jumbo, and government-backed financing options to homebuyers. Emily has been with FirstBank Mortgage since May 2015. FirstBank Mortgage has helped over 20,000 families.

  • Reverse Mortgages

500 Providence Main St., Ste. 2, Huntsville, AL 35806
WebsiteLicense: 1249468

Expertise.com Rating

Review Sources

Google
4.9 (72)
Facebook
5.0 (39)

Why choose this provider?

MidTown Mortgage Company caters to home purchasers in Huntsville who require a variety of products. These options include construction and conventional loans. Government-sponsored solutions under the USDA are available for buyers seeking rural assets. The company also offers products for military service veterans and renovators who need new financing contracts or wish to refinance existing debts. MidTown Mortgage has special accommodations in place for senior citizens. It has online calculators to provide initial information before personal consultations.

  • New Construction

7501 Memorial Pkwy SW Suite 100,, Huntsville, AL 35802
WebsiteLicense: 295336

Expertise.com Rating

Review Sources

Google
4.8 (24)
Facebook
4.8 (22)

Why choose this provider?

North Alabama Mortgage is a local Huntsville-based mortgage company that has been providing personalized financing solutions since 2006. Its loan programs cater to borrowers seeking to purchase, refinance, or invest in properties, from primary and secondary residences to condotels and non-warrantable condos. Its selection of products includes conventional, FHA, VA, USDA, non-QM, and jumbo loans. North Alabama Mortgage and its team of loan originators help clients and realtors, providing them with a support system and access to useful online resources.

  • New Construction

110 N Marion St, Athens, AL 35611
WebsiteLicense: 196573

Expertise.com Rating

Review Sources

Facebook
5.0 (19)
Google
5.0 (5)

Why choose this provider?

Courtesy First Home Lender has been providing services to clients in Huntsville and beyond for over two decades. It advises families and individuals on real estate matters and offers several types of refinancing, purchase, and cash-out solutions, such as conventional, jumbo, manufactured, VA, USDA, and FHA loan options. Its team provides financial projections that detail varying loan amounts, terms, interest rates, and property values. Founder Greg Balch has been in several areas of the financial services and mortgage industry since 1997.

  • New Construction
  • Reverse Mortgages

117 Clinton Ave E, Suite B, Huntsville, AL 35801
WebsiteLicense: 1800543

Expertise.com Rating

Review Sources

Google
4.9 (34)

Why choose this provider?

MortgageRight Hunstville is a nationwide direct lender that provides refinancing solutions to the homeownership needs of residents in the metro. The company helps mortgage borrowers who are considering refinancing their homes to obtain lower rates, cash out equity, and secure a reduced payment term. Its loan officers assist clients throughout the application process, from evaluation and paperwork preparation to approval and closing. MortgageRight also serves various states, including North Carolina, Florida, Tennessee, Kansas, and Mississippi.

  • New Construction
  • Reverse Mortgages

920 Merchants Walk SW Suite C, Huntsville, AL 35801
WebsiteLicense: 1857728

Expertise.com Rating

Why choose this provider?

FT Home Loans is a Sheridan-based mortgage brokerage that offers home loan and refinancing solutions to clients in the Hunstville metro. The company helps them navigate their options for refinancing, including consultations for interest rates, credit score analysis, refinancing costs, and refinance points calculation. Its loan officers also help lower monthly mortgage payments and reduce interest rates. FT Home Loans is headed by Glenn Strong, a licensed loan originator who started his career in independent mortgage brokerage in 2003.

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
Tim Byrne Mortgage Lender
415 Meridian St, Huntsville, AL 35801
Worthington Mortgage Bankers
303 Williams Ave SE, Huntsville, AL 35801
Redmond Lending Group
228 Holmes Ave. NE 5th Floor., Huntsville, AL 35801
Lawhorn & Associates Mortgage Company, Inc.
100 Jefferson St., South, Suite 100B, Huntsville, AL 35801
1st Family Mortgage Company
900-A Merchants Walk SW, Huntsville, AL 35801
Emily Loper
720 Gallatin Street SW, Suite 150, Huntsville, AL 35801
MidTown Mortgage Company
500 Providence Main St., Ste. 2, Huntsville, AL 35806
North Alabama Mortgage
7501 Memorial Pkwy SW Suite 100,, Huntsville, AL 35802
Courtesy First Home Lenders
110 N Marion St, Athens, AL 35611
MortgageRight Hunstville
117 Clinton Ave E, Suite B, Huntsville, AL 35801
FT Home Loans
920 Merchants Walk SW Suite C, Huntsville, AL 35801

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.
  • What are the benefits of refinancing a mortgage in Huntsville?

    Refinancing a mortgage permits a homeowner in Huntsville to achieve various financial benefits. It could lower their monthly obligations, providing relief to their budget. If the homeowner prefers, the term of the loan can be shortened to reduce interest costs. For those with an adjustable-rate mortgage, converting to a fixed-rate option ensures stability, and obtaining a more favorable interest rate offers further savings.

  • What initial steps should individuals in Huntsville take when considering refinancing?

    Individuals considering refinancing in Huntsville must carefully examine the market to identify the rates and associated expenses, like appraisals and fees. One can estimate the recovery time by calculating the new payment and dividing closing costs by the monthly savings. Although a two-percentage-point decrease was the old standard, even a change of less than one percentage point might yield savings due to low-cost refinancing options.

  • What refinancing option should be considered by homeowners in Huntsville when they see a rise in their earnings?

    Individuals in Huntsville experiencing an increase in earnings since purchasing a residence might contemplate shifting from a 30-year fixed-rate mortgage to a 15-year equivalent. This change can lead to substantial savings in interest charges over the loan's term and enable quicker equity accrual in the property. It's a strategy to think about if one's financial situation has improved and if they can manage increased mortgage payments.

  • Can homeowners in Huntsville completely avoid closing costs in a mortgage refinance?

    Homeowners in Huntsville cannot entirely evade closing costs in a mortgage refinance, but they can manage them. Options include incorporating these expenses into the main payment or accepting a higher interest rate from the lender. Though some charges, like appraisal and origination fees, are standard, others may be more avoidable, ensuring that not all costs have to be paid upfront.

  • What qualifications do homeowners need to meet for a successful cash-out refinance in Huntsville?

    For homeowners in Huntsville to qualify for a cash-out refinance, they must have over 20% equity in their property, a newly appraised home value, a credit score of at least 620, a debt-to-income ratio (including the new loan) not exceeding 43%, and confirmed employment and income. These general criteria may vary between lenders and loan types.

  • 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.