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Best Mortgage Refinance Companies in Bolingbrook, IL

Our Recommended Top 5

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 Bolingbrook 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.

43Reviewed

27Curated

5Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

7135 Janes Ave STE 100, Woodridge, IL 60517
WebsiteLicense: 1736153

Expertise.com Rating

Why choose this provider?

Focus Mortgage Co. caters to Bolingbrook clientele by providing loan refinancing products. It helps individuals differentiate among home loan types and choose the program that they need. The team offers mortgage options such as fixed and adjustable rates, hybrid ARM, interest only, and graduated payment mortgage loans. Its programs include FHA home, VA, USDA rural development, and jumbo loans. The company’s senior managing director, David Braun, is a mortgage loan originator with a real estate financing experience that spans over 20 years.

  • Reverse Mortgages

16612 W 159th St #201, Lockport, IL 60441
WebsiteLicense: 1680562

Expertise.com Rating

Review Sources

Facebook
5.0 (8)
Google
5.0 (4)
Yelp
5.0 (3)

Why choose this provider?

Trey McClure is a mortgage professional that caters to individuals and families in the Bolingbrook metro. He provides financial solutions based on the specific financing goals of borrowers, such as home purchases, debt consolidation, or refinancing existing loans. He strives to build relationships with his clients and educate them throughout the loan process. Rate and term refinance loans, FHA, VA, and non-QM mortgages are among his loan options. McClure also serves Indiana, Florida, and Tennessee residents.

  • New Construction

16612 W. 159th St., Lockport, IL 60441
WebsiteLicense: 218753

Expertise.com Rating

Review Sources

Facebook
5.0 (13)
Google
4.6 (7)
Yelp
5.0 (6)

Why choose this provider?

Parlay Mortgage & Property, Inc. handles the needs of home buyers and owners in Bolingbrook. The firm provides clients with various mortgage products and services, including home purchase and refinancing loans, such as cash-out refinance. Its team of mortgage professionals offers customers refinance options to help them reduce their interest rates and lower their monthly payments. The company aims to make the mortgage process better for its clients by remaining true to its core values of transparency, honesty, and integrity.

  • Reverse Mortgages

3100 W Ray Rd Ste 201, Office 209, Bolingbrook, IL 85226
WebsiteLicense: 223872

Expertise.com Rating

Review Sources

Google
4.4 (364)

Why choose this provider?

Jim Martin is a mortgage expert who serves people in Bolingbrook. He caters to clients seeking to refinance their loans and provides them with options based on their unique situations and criteria. Martin provides a wide selection of financing options, including FHA, USDA, VA, and jumbo loans, as well as fixed- and adjustable-rate mortgages. He helps borrowers understand the differences between each program, enabling them to choose a plan based on their needs. Martin currently works under Nexa Mortgage.

  • New Construction

3100 W Ray Rd Ste 201, Office 209, Bolingbrook, IL 85226
WebsiteLicense: 235349

Expertise.com Rating

Review Sources

Google
5.0 (7)

Why choose this provider?

Michael P. Doerr serves as a loan officer at Nexa Mortgage. He has over two decades of industry experience, working with borrowers in Bolingbrook refinancing their mortgages to lower their monthly payments and interest rates. His products include adjustable and fixed-rate mortgages and FHA, USDA, and VA loans. Doerr recommends programs based on borrowers' needs and extends his services to those refinancing to obtain funds from their properties' equity or change their mortgage terms. His other offerings involve HARP, 203K, jumbo, and conventional loans.

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
Focus Mortgage Co.
7135 Janes Ave STE 100, Woodridge, IL 60517
Trey McClure
16612 W 159th St #201, Lockport, IL 60441
Parlay Mortgage & Property, Inc.
16612 W. 159th St., Lockport, IL 60441
Jim Martin
3100 W Ray Rd Ste 201, Office 209, Bolingbrook, IL 85226
Michael P. Doerr
3100 W Ray Rd Ste 201, Office 209, Bolingbrook, IL 85226

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 is the process of refinancing in Bolingbrook?

    To refinance your Bolingbrook home, you will need to assess your finances, research loan options, and calculate potential savings. Once you have found a lender and get approved for a loan, you will need to gather the required documents and close the loan. The closing process is similar to your initial mortgage process, and you will need to carefully review the documents and pay closing costs. Once the loan is funded, your new loan will replace the existing one with a new payment schedule.

  • Can you save money after refinancing your mortgage in Bolingbrook?

    It depends on the reason for refinancing. Each individual's situation in Bolingbrook is unique but the possibility of saving some money usually depends on the current interest rates. A refinance could be wise if your existing rate exceeds the current market rates. To gauge potential savings from refinancing, try using an online mortgage savings calculator or contact a licensed mortgage professional for guidance and advice.

  • Who are considered eligible to apply for a VA loan in Bolingbrook?

    Eligible candidates for a VA loan in Bolingbrook include active-duty service members and veterans with a minimum of 90 consecutive days of service during wartime or 181 days in peacetime. National Guard members and reservists with past six years of service or 181 days of active-duty service may be eligible. Surviving spouses of the aforementioned persons also have eligibility.

  • Is it possible to refinance your ARM loan in Bolingbrook?

    Yes, you can. You can refinance your existing ARM loan after credit approval in Bolingbrook. It offers various potential benefits, like term adjustment, monthly mortgage reduction, cash access, and interest rate reduction. To explore the right option for your needs, consult with your mortgage refinance company's representatives.

  • What is the process for consolidating debt through refinancing in Bolingbrook?

    Consolidating debt through refinancing in Bolingbrook entails tapping into your home's equity to alleviate financial strain. This process involves refinancing your existing home loan, which allows you to tackle high-interest debts such as credit card balances or educational expenses. Doing so might secure lower interest rates and the possibility of tax deductions. To initiate this process, contact refinancing experts to obtain free quotes and personalized guidance.

  • 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.