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Best Mortgage Refinance Companies in Fort Wayne, IN

Our Recommended Top 6

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Our goal is to connect people with the best local professionals. We scored Fort Wayne 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.

137Reviewed

84Curated

6Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

6621 Brotherhood Way, Fort Wayne, IN 46825
WebsiteLicense: 8246

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Why choose this provider?

Based in Fort Wayne, the American Mortgage Service Company focuses on financing and refinancing mortgages. The agency has been providing an array of mortgage solutions since 1975. Its loan officers assist borrowers in assessing whether refinancing suits their circumstances and selecting the appropriate refinancing programs. They also walk clients through the home buying process, which includes pre-approval, pre-purchase counseling, and home search. Emil and Elvera Bergdolt established the business with the goal of helping individuals realize their dream of homeownership.

  • NMLS #: 39166

7421 Coldwater Road, Fort Wayne, IN 46825

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Review Sources

Google
4.9 (302)
Yelp
5.0 (1)

Why choose this provider?

Hallmark Home Mortgage helps homebuyers and owners in and around Fort Wayne find loan programs that match their specific needs. The firm also helps clients decide if it is the right time to refinance, whether they are looking to pay off their mortgage faster, or lower their current rate. It also offers the option of cashing out, for borrowers who would like to consolidate debt or make renovations using their home's equity. Hallmark Home Mortgage has been serving communities since 2007.

  • New Construction

2420 North Coliseum Boulevard, Fort Wayne, IN 46805
WebsiteLicense: 131254

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Why choose this provider?

The brokers of Aspen Mortgage offer loans and financing services for clients in Fort Wayne. Besides additional resources from mortgage associations and finance educators, their loan programs include cash-out refinancing plans for homebuyers seeking to change their loan providers. Nonetheless, it still provides other loan plans, including USDA loans, manufactured home loans, new construction loans, and 203(k) rehabilitation loans. Its team comprises owner Glen Ford and Crystal Wilson, who have thirty-six years of combined mortgage industry experience.

  • NMLS #: 39166

5743 Wilkie Drive, Fort Wayne, IN 46804
WebsiteLicense: 1275489

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Review Sources

Google
5.0 (6)

Why choose this provider?

Community Mortgage Lending is a full-service mortgage solutions provider that attends to the residential financing needs of the Fort Wayne community. The firm assists homeowners who plan to replace their current home loan through mortgage refinancing. Its mortgage specialists help clients transition from adjustable-rate loans to fixed-rate mortgages. The team also guides homeowners with debt consolidation, private mortgage insurance elimination, and cashout settlement from their home equity. Community Mortgage Lending accommodates both in-person and online consultations.

  • NMLS #: 39166

201 West Main Street, Suite 101, Fort Wayne, IN 46802
WebsiteLicense: 332061

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Why choose this provider?

Tyler Davis is a loan officer for clients based in the Fort Wayne metro and surrounding areas. He offers FHA, VA, conventional, and jumbo mortgage programs, as well as refinancing services and home purchase loans. His team views communication as paramount and customers have vouched that they did stay in touch throughout the whole buying process. He has been in the industry since 2010. and is a part of Crosscountry Mortgage, an FHA-approved lending institution.

  • Reverse Mortgages

348 Quell Court, Fort Wayne, IN 46845
WebsiteLicense: 128113

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Review Sources

Facebook
5.0 (13)
Google
5.0 (2)

Why choose this provider?

Northwest Mortgage Inc. is a locally owned mortgage refinancing company that has been serving Fort Wayne and the surrounding areas for over 22 years. It offers services that help homeowners reduce their monthly mortgage payments, lower interest rates, and improve the terms of their loans through customized refinancing solutions. Additionally, it offers several loan options such as conventional, jumbo, USDA, FHA, and VA loans. Northwest Mortgage assists homeowners with all aspects of the refinancing process, including prequalification, loan terms, property appraisal, and closing.

  • NMLS #: 39166

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
American Mortgage Service Company - Fort Wayne, In
6621 Brotherhood Way, Fort Wayne, IN 46825
Hallmark Home Mortgage
7421 Coldwater Road, Fort Wayne, IN 46825
Aspen Mortgage
2420 North Coliseum Boulevard, Fort Wayne, IN 46805
Community Mortgage Lending
5743 Wilkie Drive, Fort Wayne, IN 46804
Tyler Davis
201 West Main Street, Suite 101, Fort Wayne, IN 46802
Northwest Mortgage
348 Quell Court, Fort Wayne, IN 46845

Fort Wayne, IN Mortgage Refinance FAQs

  • What are the reasons someone might consider refinancing their mortgage in Fort Wayne?

    Homeowners in Fort Wayne may pursue refinancing to modify their mortgage by shortening the term to save funds. Others may aim to merge debts with their home loan, potentially at more favorable rates, or lessen monthly payments by extending the term. Additionally, if local interest rates decline, securing a new mortgage at a lower rate can create substantial savings. Whatever the reason, refinancing can be an astute financial move if the existing home loan isn't meeting individual needs or circumstances.

  • Why do many homeowners in Fort Wayne believe they won't qualify for mortgage refinancing?

    Many homeowners in Fort Wayne mistakenly believe they won't qualify for refinancing due to credit or job hurdles. However, several homeowners meet the criteria. While equity and credit are factors, today's more flexible guidelines mean that even those facing these issues might be eligible. For instance, the Home Affordable Refinancing Program (HARP) assists those with loans owned by Fannie Mae or Freddie Mac, originated by May 31, 2009, and with a loan-to-value ratio over 80%.

  • How can residents of Fort Wayne estimate the amount they can borrow for a mortgage?

    Individuals in Fort Wayne can gauge their potential mortgage borrowing limit by calculating 28% of their gross monthly earnings. They should then divide their annual real estate taxes and homeowner's insurance by 12 and subtract those sums from the initially calculated amount. However, personal expenses like medical, utility, or education costs should be considered, as lenders might offer more than one can reasonably repay.

  • Is refinancing a suitable option for every homeowner in Fort Wayne?

    No, refinancing isn't always appropriate for homeowners in Fort Wayne. The process may incur costs if one plans on staying out of the home for an extended duration. Likewise, leveraging refinancing to liquidate equity might only be prudent in urgent financial circumstances. Discussions with a lender help clarify whether this approach harmonizes with a homeowner's unique financial condition.

  • What is an FHA 203(k) home rehab loan, and how can it benefit homeowners in Fort Wayne?

    For Fort Wayne residents, the FHA 203(k) home rehab loan offered by FHA-sanctioned lenders is a path to purchase or refinance homes requiring updates or repairs. This loan combines the property price with approved renovation costs, resulting in a singular mortgage with either a fixed or variable rate. This arrangement might lead to reduced interest rates, potential tax benefits, and homeowners' property value appreciation. However, the process could be more intricate, bringing about additional expenses.