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2024

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Best Mortgage Refinance Companies in Little Rock, AR

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 Little Rock 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.

105Reviewed

65Curated

7Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

2121 Watt St Suite B, Little Rock, AR 72227
WebsiteLicense: 137724

Expertise.com Rating

Review Sources

Google
4.7 (3)

Why choose this provider?

GG Millard is a mortgage lender who has helped residents of Little Rock with their home loan needs for over 17 years. As a branch manager at Benchmark Home Loans, Millard helps borrowers find refinance loans that match their specific needs and goals. She assists clients throughout the refinancing process, from getting pre-approved to closing. Millard is a certified residential mortgage specialist through the National Association of Mortgage Brokers and is currently one of two military mortgage specialists in Arkansas.

  • New Construction

11601 Bass Pro Pkwy, Little Rock, AR 72210
WebsiteLicense: 1810790

Expertise.com Rating

Why choose this provider?

FirstTrust Home Loans is an independent mortgage banking firm that serves customers located in Little Rock. It has mortgage refinancing services for Conventional, VA, USDA, and FHA loans. All services are also available in Kansas, Louisiana, Missouri, Oklahoma, and Texas. The company also gives back to the community through the FirstTrust For Kids program. Through this endeavor, it supports initiatives like those of the Juvenile Diabetes Research Foundation. FirstTrust Home Loans is an equal housing opportunity lender.

  • New Construction
  • Reverse Mortgages

1105 Deer St Ste 14, Conway, AR 72032
WebsiteLicense: 1584425

Expertise.com Rating

Review Sources

Facebook
5.0 (25)

Why choose this provider?

Kayla Nabholz is a mortgage specialist who serves families and individuals in Little Rock. She assists buyers and investors in developing refinancing strategies to reduce their interest rates and maximize their monthly income. She also caters to first- and second-time homebuyers and seniors who want to purchase investment spaces. The insurance professional processes various mortgage programs, including jumbo, FHA, VA, conventional, and reverse mortgage loans. Kayla works at the Fairway Independent Mortgage Corporation, an agency that has been in operation for over 25 years.

  • Reverse Mortgages

650 S. Shackleford, Suite 400, Little Rock, AR 72211
WebsiteLicense: 130964

Expertise.com Rating

Review Sources

Google
5.0 (134)
Facebook
5.0 (70)
Yelp
5.0 (3)

Why choose this provider?

Wonder State Mortgage serves individuals and families in the Little Rock community. It assists with refinancing solutions that help clients reduce mortgage payments to consolidate debt or get cash-out equity. It offers multiple mortgage rate options, including interest only, graduated payments, ARMs, and fixed-rate mortgages. It also has various loan programs, such as jumbo, FHA, VA, and USDA. Additionally, it provides home purchase services for single-family and multi-family homes, condos, townhouses, and manufactured homes. Wonder State Mortgage is an NRMLA member.

  • New Construction
  • Reverse Mortgages

11825 Hinson Road Suite 104, Little Rock, AR 72212
WebsiteLicense: 133256

Expertise.com Rating

Review Sources

Facebook
5.0 (9)
Google
4.3 (4)
Yelp
5.0 (3)

Why choose this provider?

Guardian Home Mortgage Corporation is a family-owned and locally operated small business that serves Little Rock and the surrounding areas. It assists clients in lowering their interest rates, extending the term of their mortgage, or obtaining cash out through mortgage refinancing programs. Additionally, it converts adjustable-rate mortgages to fixed-rate mortgages. It also helps with home purchase loans like conventional, FHA, VA, and rural housing mortgages. The brokerage has been in operation for over two decades.

  • Alternative Income Documentation Loans

12410 Cantrell Rd. Suite 101, Little Rock, AR 72223
WebsiteLicense: 193205

Expertise.com Rating

Review Sources

Google
5.0 (8)

Why choose this provider?

Supreme Lending Mid South Region provides refinancing solutions to borrowers and builders in Little Rock and nearby locations. Its loan officers guide individuals throughout the loan process, aiding them in submitting required documents, gaining approval, and closing their loans. Its refinance options include borrowing against the equity in clients' homes or lowering the mortgage payment, interest rate, and overall term. The company also offers traditional and government loans, such as FHA, USDA, VA jumbo, and conventional mortgages.

43300 Higginbotham Road, Perryville, AR 72126
WebsiteLicense: 133560

Expertise.com Rating

Review Sources

Facebook
5.0 (7)
Google
5.0 (1)

Why choose this provider?

Rudkin & Associates Mortgage is a local loan agency serving borrowers in Little Rock and the surrounding areas. Its team of loan officers handles purchase and refinance mortgages for homes and properties of various types. The company handles a broad range of loan options, including FHA, VA, USDA, conforming, conventional, and jumbo home loans. President and owner Chris A. Rudkin has been in the mortgage and finance industry since 1998 and has millions of dollars in loan volume.

  • New Construction
  • Reverse Mortgages

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
GG Millard
2121 Watt St Suite B, Little Rock, AR 72227
FirstTrust Home Loans
11601 Bass Pro Pkwy, Little Rock, AR 72210
Kayla Nabholz
1105 Deer St Ste 14, Conway, AR 72032
Wonder State Mortgage
650 S. Shackleford, Suite 400, Little Rock, AR 72211
Guardian Home Mortgage Corporation
11825 Hinson Road Suite 104, Little Rock, AR 72212
Supreme Lending Mid South Region
12410 Cantrell Rd. Suite 101, Little Rock, AR 72223
Rudkin & Associates Mortgage
43300 Higginbotham Road, Perryville, AR 72126

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 “Dream Down Payment Initiative” borrowers in Little Rock refinance their homes?

    Those in Little Rock who bought their homes through the Arkansas Development Finance Authority’s “Dream Down Payment Initiative” program are advised not to refinance for the first five years, as it is a requirement for the loan to be fully forgiven. Borrowers must also maintain residence in their homes for the same time period.

  • How high are the average mortgage rates in Little Rock?

    Average mortgage rates in Little Rock and the rest of the state have been trending downwards since 2018 for 30-year fixed, 15-year fixed, 7/1 adjustable, and 5/1 adjustable mortgages. In addition, home values have increased 14.5% since 2022, with the average home value in Arkansas being $190,369.

  • What is the difference between an internal and external refinance in Little Rock?

    The difference between an internal and external home loan refinance in Little Rock is that the former is switching to a different loan with one’s existing lender while the latter moves one’s loans to another lending institution. External refinances are typically more costly, as both the existing lender and new lender charge transfer fees.

  • What are the fees associated with Little Rock mortgage refinancing?

    Those in Little Rock who wish to refinance their mortgages will have to pay for the costs of the application, loan origination, appraisal, survey, title search and insurance, and attorney. They may also have to pay property taxes and prepayment penalties. In 2021, the average closing cost in Arkansas was $2,223 with taxes and $1,787 without.

  • How does a Little Rock no-closing-cost refinance work?

    While a no-closing-cost refinance allows borrowers in Little Rock to avoid paying the closing costs upfront, it folds these costs into the loan's principal, increasing the total amount owed and paid interest. Meanwhile, some lenders charge higher interest rates for a no-closing-cost refinance. According to the Consumer Financial Protection Bureau, it may just be cheaper for borrowers to pay closing costs upfront.

  • 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.