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2024

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Best Mortgage Refinance Companies in Germantown, MD

Our Recommended Top 14

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 Germantown 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.

60Reviewed

41Curated

14Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

7811 Montrose Road, Suite 430, Potomac, MD 20854
WebsiteLicense: 1108695

Expertise.com Rating

Review Sources

Google
5.0 (55)
Facebook
4.1 (22)

Why choose this provider?

Greenway Funding Group, Inc., works with clients in Germantown and the surrounding areas. Its mortgage specialists help borrowers explore refinancing options that will allow them to access their home equity and get a lower interest rate or monthly payment. They also assist first-time homeowners in navigating the whole mortgage process and equip them with the knowledge they need to make an informed decision. The company's president, Danny Kim, has been a mortgage professional and business owner for more than three decades.

  • New Construction

12123 Heritage Park Circle, Silver Spring, MD 20906
WebsiteLicense: 1948084

Expertise.com Rating

Why choose this provider?

1RATE is an independent mortgage advisory company serving individuals and families in Germantown since 2020. It provides refinancing programs, which lower existing interest rates, change loan terms, or assist with home improvement projects. The team helps clients combine a second mortgage or home equity line of credit with their primary mortgage. 1RATE is also licensed in VA, DC, CO, FL, TX, and CA. Founder Chris K. Choe has been working in finance for more than a decade.

  • New Construction
  • Reverse Mortgages

15245 Shady Grove Road South Tower #430, Rockville, MD 20850
WebsiteLicense: 227765

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Mortgage On A Mission is a broker company serving Germantown. It gives refinancing advice to customers with outstanding loans, informing them when it is time to restructure their mortgage or utilize their home equity for renovations. It also helps renters switch to property ownership with first-time home buyer programs. Mortgage On A Mission lives up to its name by donating one percent of its monthly income to causes like Rainbow Place Shelter, A Wider Circle, and the American Cancer Society.

  • New Construction

Germantown, MD
WebsiteLicense: 143670

Expertise.com Rating

Review Sources

Google
5.0 (78)
Facebook
5.0 (49)
Yelp
5.0 (10)

Why choose this provider?

Chris Jordan Mortgage Team serves clients in Germantown. The company provides mortgage refinancing options that allows customers to reduce monthly payments, shorten loan terms, pay off debt, or withdraw cash from their home's equity. Its mortgage brokers advise customers on whether refinancing is the best option for their current financial condition. The group also offers home purchase, renovation, government, and non-traditional home loans. The company's branch manager, Chris Jordan, has been in the mortgage business since 2005. He was recognized as one of Mortgage Executive Magazine's Top 1% Mortgage Originators.

  • New Construction
  • Reverse Mortgages

13821 Mills Avenue, Silver Spring, MD 20904
WebsiteLicense: 212653

Expertise.com Rating

Review Sources

Google
5.0 (85)
Facebook
5.0 (7)

Why choose this provider?

Kerins Associates Inc. caters to the mortgage needs of individuals and families in Germantown. Its president, Kathleen Kerins, has been in the mortgage industry since 1991. She educates clients about various mortgage refinance products, including the VA streamline refinance program. She also offers a range of home purchase loan programs, such as FHA, VA, and conventional loans. Kerins Associates seeks to help families achieve their homeownership and financial goals by working with multiple lenders that provide a variety of loan options.

  • Reverse Mortgages

17 W. Jefferson St Suite 201, Rockville, MD 20850
WebsiteLicense: 2128918

Expertise.com Rating

Review Sources

Google
5.0 (41)
Facebook
5.0 (10)
Yelp
5.0 (3)

Why choose this provider?

District Home Loans is a full-service mortgage company that serves the residents of Germantown and the rest of Maryland. It provides refinancing programs for those looking to purchase single-family and multi-family homes, townhouses, condos, and mobile or manufactured homes. It also offers home purchase loans for self-employed borrowers, as well as active or retired military members. District Home Loans has been in business for more than two decades. The company can accommodate clients in English and Spanish.

  • New Construction
  • Reverse Mortgages

5640 Nicholson Lane Suite 210, Rockville, MD 20852
WebsiteLicense: 177349

Expertise.com Rating

Review Sources

Google
5.0 (25)
Facebook
5.0 (23)
Yelp
5.0 (3)

Why choose this provider?

BMIC Mortgage, Inc., is a full-service lender and broker catering to the community since 1985. It caters to Germantown residents who have refinancing goals such as obtaining lower interest rates, taking out equity, and paying off loans quickly. The company custom-tailors refinancing solutions, like 15-year or 30-year fixed rate options, second-time loans, and reverse mortgages. It has been included in Washington Business Journal's Top 25 Mortgage Companies in the Washington DC metro. Other areas served include Virginia and Florida.

  • New Construction

7315 Wisconsin Avenue Suite 400 West, Bethesda, MD 20815
WebsiteLicense: 1590323

Expertise.com Rating

Review Sources

Google
5.0 (58)
Facebook
5.0 (42)

Why choose this provider?

McKay Mortgage Co. is a small family-owned business that provides refinancing solutions to residents of Germantown. It has a team of officers with over 40 years of combined experience that work with clients to go over options and find the ideal refinancing loan suited for their needs. The mother-and-son team of Tina and Brendan McKay started the business in 2013. To date, McKay Mortgage Co. has funded over $100 million in loans for 300 families.

  • Reverse Mortgages

2400 Research Blvd. Suite 400, Rockville, MD 20850
WebsiteLicense: 138175

Expertise.com Rating

Review Sources

Google
4.9 (116)

Why choose this provider?

Ken Venick provides mortgage refinancing services to Germantown-based locals. Working under Apex Home Loans, he facilitates home purchases and commercial mortgages, as well as renovation loans. The agent makes a point of sharing his knowledge in financial education, credit, and reverse mortgages with members of the community. Ken Venick has been a mortgage loan officer since 1987 and is also licensed in New Jersey, Florida, North Carolina, and DC. He also serves as the Executive Committee Chair of the Maryland Coalition for Financial Literacy.

  • New Construction

438 N. Frederick Ave. Ste 225, Gaithersburg, MD 20877
WebsiteLicense: 1727404

Expertise.com Rating

Review Sources

Google
4.6 (54)

Why choose this provider?

Sunny Lending LLC is a loan originating and brokerage company that handles the mortgage refinancing needs of clients throughout Germantown and the surrounding areas. The company's loan consultants help clients make informed decisions about refinancing, whether they want to lower monthly payments, convert equity into cash, or consolidate debt. The firm currently holds licenses for loan origination services in 11 US states, including Virginia, Washington, D.C., Pennsylvania, North and South Carolina, Florida, and West Virginia.

  • Reverse Mortgages

3500 Boston St. Suite 234, Baltimore, MD 21224
WebsiteLicense: 900701

Expertise.com Rating

Review Sources

Google
5.0 (25)
Facebook
5.0 (11)

Why choose this provider?

Secured Funding Corporation is a company that offers its services to people living in Germantown. It provides mortgage refinance solutions like FHA streamline refinance, VA streamline refinance, and HARP mortgage refinance. It also handles conventional loans and 203k residential loans. The business accommodates various properties such as condominiums, townhouses, manufactured homes, single-family homes, and multi-family homes. The company has funded over $250 million in loans to date. One of the company's partners, Ryan Fisher, has been in the residential finance industry since 2013.

  • New Construction

9201 Corporate Blvd #210, Rockville, MD 20850
WebsiteLicense: 66247

Expertise.com Rating

Review Sources

Google
4.1 (63)

Why choose this provider?

Sebonic modernizes the lending process to help Germantown residents get the most value for their loans. It assists people seeking to change their existing loans through refinancing. Its mortgage experts cater to different types of borrowers by providing conventional, FHA, jumbo, USDA, and VA options. They utilize the power of human touch and Octane technology to enhance customer experience. The company offers real-time status updates, eSign, and drag-and-drop document capability for clients’ maximum convenience and transparency. Sebonic has been providing home financing solutions for 30 years.

  • New Construction

9211 Corporate Blvd Ste #200, Rockville, MD 20850
WebsiteLicense: 177901

Expertise.com Rating

Review Sources

Google
4.7 (23)
Yelp
5.0 (8)

Why choose this provider?

Mortgage 4 U provides residential and commercial lending solutions to customers in the Germantown area. Its solutions help clients secure their property refinancing and purchasing needs, including niche and portfolio loans. The independent firm has a team of loan officers and processors who can communicate in English, Spanish, Korean, Mandarin, and Vietnamese. They help borrowers overcome roadblocks while securing a loan and partner with various investors to find the loan program that suits the client's needs.

  • New Construction

6500 Rock Spring Drive Suite 204, Bethesda, MD 20817
WebsiteLicense: 1726368

Expertise.com Rating

Review Sources

Facebook
5.0 (6)

Why choose this provider?

Washington Home Mortgage is a brokerage business serving Germantown clients with home purchase lending and refinancing. The establishment provides various loan types that include reverse mortgage, cash out, FHA/VA, jumbo, and home equity. It also offers different online tools and resources, such as recommended title companies, mortgage glossary and calculator, refinance and home purchase checklists, as well as a step-by-step borrowing guide. Washington Home Mortgage has been in the Washington D.C./Maryland lending industry for more than two decades.

  • New Construction

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
Greenway Funding Group, Inc.
7811 Montrose Road, Suite 430, Potomac, MD 20854
1RATE
12123 Heritage Park Circle, Silver Spring, MD 20906
Mortgage on a Mission
15245 Shady Grove Road South Tower #430, Rockville, MD 20850
Chris Jordan Mortgage Team
Kerins Associates Inc.
13821 Mills Avenue, Silver Spring, MD 20904
District Home Loans
17 W. Jefferson St Suite 201, Rockville, MD 20850
BMIC Mortgage, Inc.
5640 Nicholson Lane Suite 210, Rockville, MD 20852
McKay Mortgage Co.
7315 Wisconsin Avenue Suite 400 West, Bethesda, MD 20815
Ken Venick
2400 Research Blvd. Suite 400, Rockville, MD 20850
Sunny Lending LLC
438 N. Frederick Ave. Ste 225, Gaithersburg, MD 20877
Secured Funding Corporation
3500 Boston St. Suite 234, Baltimore, MD 21224
Sebonic
9201 Corporate Blvd #210, Rockville, MD 20850
Mortgage 4 U
9211 Corporate Blvd Ste #200, Rockville, MD 20850
Washington Home Mortgage
6500 Rock Spring Drive Suite 204, Bethesda, MD 20817

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.
  • Who are eligible for HARP 2.0 in Germantown?

    Eligible borrowers for HARP 2.0 in Germantown are homeowners who owe more on their mortgage than the appraised value of their homes. This program is designed for individuals who owe more than 80% of their LTV ratio. To become eligible, homeowners must be current with their loans and their loans must be handled by Freddie Mac or Fannie Mae.

  • Can business owners apply for FHA 203k in Germantown?

    No. Business owners cannot apply for FHA 203k in Germantown if they will use the money for their enterprises. This type of loan is solely for individuals who need funds for home repairs in their main residences. The funds from the refinance loan can be used for major appliance, dry wall, and kitchen cabinet repairs.

  • If you are a divorced individual who wants to apply for a mortgage loan in Germantown, what documents should you prepare?

    If you are a divorced individual who wants to apply for a mortgage loan in Germantown, you must provide a divorce decree or court stating the amount or proof of receipt of funds from last year. Other required documents include copies of pay stubs, W-2 forms, and signed sales contracts.

  • Will there be a required income to qualify for a VA streamline refinance loan in Germantown?

    No. There is no income requirement to qualify for a VA streamline refinance loan in Germantown. Most of the time, lenders only determine whether borrowers are still employed to make sure that they can make monthly mortgage payments. They will not verify the actual income of borrowers or the home appraisal.

  • What are the benefits of a reverse mortgage for senior individuals in Germantown?

    A reverse mortgage loan can help senior individuals in Germantown maintain homeownership and obtain additional income without selling their homes. They can also access their home's equity to consolidate debts and pay expenses. Seniors are not obliged to make monthly payments. They can pay their loans once they sell their homes or if they no longer reside in the property.

  • 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.