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Best Mortgage Refinance Companies in Boston, MA

Our Recommended Top 16

We did the research for you!

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

333Reviewed

206Curated

16Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

184 High Street, Boston, MA 02110
WebsiteLicense: 2668

Expertise.com Rating

Review Sources

Google
5.0 (69)
Facebook
4.6 (21)
Yelp
5.0 (11)

Why choose this provider?

Mortgage Network, Inc., is a mortgage refinance company that serves clients in Boston. The company offers purchase and refinance loans and guides clients in choosing the right refinancing options and interest rates for their mortgage needs. It specializes in various types of loans such as PHFA, FHA, VA, and jumbo. Founded in 1988, this privately held company remains committed to providing clients high-quality services throughout the whole process with its award-winning online loan platform.

  • NMLS #: 39166

100 River Ridge Dr., #304, Norwood, MA 02062
WebsiteLicense: 1979

Expertise.com Rating

Review Sources

Google
5.0 (416)
Yelp
4.5 (32)

Why choose this provider?

Serving the Boston area, Poli Mortgage is a company that provides mortgage refinancing programs to help clients liquidate their home’s equity, reduce their monthly payments, or pay outstanding debts. It also provides an online application that guides clients through each step of the mortgage refinancing process. In addition, it offers loan options to first-time homebuyers, including conventional, jumbo, FHA, USDA, and VA loans. The independently-owned mortgage firm has been helping clients with their mortgage needs since 2001.

  • Reverse Mortgages

2 Winter St Suite #202, Waltham, MA 02451
WebsiteLicense: 22431

Expertise.com Rating

Review Sources

Google
5.0 (57)
Facebook
5.0 (18)
Yelp
4.0 (4)

Why choose this provider?

American Mortgage Resource, Inc., is a company that caters to clients in Boston and the surrounding areas. It helps homebuyers lower their interest rates and monthly payments by refinancing their current mortgage. It provides assistance with loan applications and approval. The firm offers various types of loans, such as home equity, jumbo, and reverse mortgage. American Mortgage Resource has been operating since 2008. Michael DeSantis, its owner, has over 15 years of experience in the industry.

  • Multi-Family Loans

1775 Massachusetts Ave Suite 4, Lexington, MA 02420
WebsiteLicense: 1445

Expertise.com Rating

Review Sources

Google
4.5 (13)
Yelp
5.0 (3)

Why choose this provider?

Capstone Mortgage serves clients in Boston and the surrounding communities. The company provides mortgage refinancing solutions to help clients consolidate their debts, collect funds for home improvement, and change their current mortgage rates. It also offers a mortgage purchasing option to guide individuals with their home buying process. Its team also evaluates clients' financial situations to find a loan program suitable for their needs and goals. The company's founder, Chris Smith, brings more than three decades of mortgage experience.

  • New Construction

91 Franklin Street, Boston, MA 02110
WebsiteLicense: 1760

Expertise.com Rating

Review Sources

Google
5.0 (12)
Yelp
5.0 (3)

Why choose this provider?

Serving the Boston area, Residential Mortgage Services is a team of professionals that has been helping clients achieve homeownership since 1991. This independent mortgage refinance company offers integrated loan processing, direct lending, and underwriting services. Its home loan programs include conventional loans, refinance loans, USDA-RD loans, VA loans, FH loans, and state-sponsored loans. Clients of Residential Mortgage Services can submit their loan applications online or personally meet with loan officers who can be contacted directly through its website.

  • NMLS #: 39166

70 Leo M. Birmingham Pkwy, Brighton, MA 02135
WebsiteLicense: 1505241

Expertise.com Rating

Review Sources

Google
5.0 (32)
Yelp
4.0 (4)

Why choose this provider?

Olive Tree Mortgage Solutions provides loan products for purchasing homes in Boston. Its officers help clients find suitable finance solutions when buying a primary home, a secondary residence, or an investment property. They provide conventional, FHA, and portfolio loans. They also cater to clients requiring refinancing assistance in lowering mortgage payments, paying off a mortgage faster, and changing ARM into fixed loans. The company works to close loan applications on an average of 24 days.

  • Reverse Mortgages

196 Boston Turnpike Road, Shrewsbury, MA 01545
WebsiteLicense: 2856

Expertise.com Rating

Review Sources

Yelp
4.0 (19)
Google
4.6 (9)
Facebook
4.4 (7)

Why choose this provider?

Drew Mortgage Associates Inc. is a Shrewsbury-based direct mortgage lender that serves Boston and other areas in New England. It offers refinancing options for homeowners who want to get better rates or pay their mortgages faster. Some of the programs it provides are FHA Streamline Refinancing and Home Affordable Refinancing Program. The lender also has various types of home loans, commercial loans, and community lending programs. Drew Mortgage Associates is a HUD/VA-approved firm and an Equal Housing lender.

  • Multi-Family Loans

627 Broadway, Everett, MA 02149
WebsiteLicense: 5743

Expertise.com Rating

Review Sources

Google
5.0 (23)

Why choose this provider?

MJ Mortgage Corporation is a full-service mortgage firm that offers comprehensive mortgage solutions to clients in Boston and its nearby areas. In the market for 14 years, it offers a broad selection of refinancing options for clients looking to cash out, consolidate loans, or get better rates and terms. Programs include FHA Streamline and Cash Out, FHA 203k, USDA Streamline, HARP, and jumbo. Niche programs such as bank statement loans and no-income loans are also available.

  • Reverse Mortgages

19 Pilgrim Road, Boston, MA 02215
WebsiteLicense: 1880655

Expertise.com Rating

Review Sources

Google
5.0 (29)

Why choose this provider?

Geovanne Colon is a mortgage company that serves home buyers and property owners who need assistance in refinancing. The company will handle securing competitive market rates for their clients and close loans promptly. Its mortgage advisor, Geovanne Colon, guides his clients through the entire mortgage process. From property searching to mediating in necessary negotiations to avoid common mistakes. Colon also helps investment buyers in real estate maximize their returns and seniors who wish to reverse their mortgages.

  • Reverse Mortgages

2 Adams Place Suite 410, Quincy, MA 02169
WebsiteLicense: 2880

Expertise.com Rating

Review Sources

Google
4.8 (129)
Facebook
4.9 (120)
Yelp
4.0 (16)

Why choose this provider?

MBA Mortgage is a company that offers services to individuals in Boston and the surrounding areas. It provides mortgage refinancing options that help clients lower their monthly payments, consolidate debts, and shorten mortgage terms. Its loan solutions include VA home loans, adjustable-rate mortgages, 15- and 30-year loans, and FHA loans. It also assists first-time homebuyers in financing their first home. MBA Mortgage is a veteran-owned business that has been in the financial services industry since 2005.

  • Multi-Family Loans

4 Cabot Place, Second Floor, Stoughton, MA 02072
WebsiteLicense: 2708

Expertise.com Rating

Review Sources

Google
5.0 (81)
Facebook
5.0 (40)
Yelp
5.0 (5)

Why choose this provider?

Maritime Mortgage is a firm that serves Boston and its surrounding areas. The business assists clients seeking to refinance their existing mortgages. It helps homebuyers secure financing to purchase properties through different loan programs such as conventional and jumbo. The firm provides other options such as FHA, which offers slightly lower interest rates, and VA, which is reserved for members of the U.S. military. Maritime Mortgage carries over 30 years of experience in the industry.

  • Reverse Mortgages

354 Main St, Winthrop, MA 02152
WebsiteLicense: 1984

Expertise.com Rating

Review Sources

Facebook
5.0 (34)
Google
4.5 (17)
Yelp
5.0 (5)

Why choose this provider?

MSA Mortgage is a business that serves the home loan needs of customers in Boston and the surrounding areas. It provides refinancing services for a variety of purposes, including lowering interest rates, paying off a balloon payment, extracting cash equity, and converting an adjustable-rate loan to a fixed-rate loan. The company’s team of professionals assists clients with cash-out programs for non-owner-occupied and owner-occupied homes. In addition, they offer purchase loan programs such as FHA, VA, and jumbo loans.

  • Reverse Mortgages

100 Hallet Street, Boston, MA 02124
WebsiteLicense: 1746559

Expertise.com Rating

Review Sources

Google
5.0 (6)
Facebook
5.0 (2)

Why choose this provider?

East West Mortgage is a mortgage lender and broker that serves clients in Boston. It offers mortgage refinancing options such as rate-and-term, cash-out, and cash-in refinance mortgages. It also handles fixed-rate mortgages, FHA home loans, VA home loans, and USDA loans. President Steven K. Borgerson sits on the board of directors of Adams Montessori School of Quincy and the Neighborworks Housing Solutions of Southern Mass. He has worked at Cambridgeport Bank, Meetinghouse Bank, and Rockland Trust.

  • NMLS #: 39166

343 Washington St, Newton, MA 02458
WebsiteLicense: 2972

Expertise.com Rating

Review Sources

Google
5.0 (40)
Yelp
5.0 (5)

Why choose this provider?

Superior Funding Corporation has been serving residents in Boston and the surrounding communities since 2004. It offers adjustable, conventional, fixed-rate, and high-balance conforming mortgage solutions. It also provides FHA, jumbo, VA, and USDA loan options. Founders Roman and Diana Shulman have technical backgrounds in various fields, such as finance, engineering, and economics.

  • Alternative Income Documentation Loans
  • Multi-Family Loans

400 Tradecenter Dr Suite #5900, Woburn, MA 01801
WebsiteLicense: 1135

Expertise.com Rating

Review Sources

Yelp
5.0 (2)

Why choose this provider?

Lendmark Mortgage Company helps families in Boston who want to refinance their homes. It provides options that allow homeowners to finance renovation projects or pay off high-interest or variable debts by cashing out the equity from their homes. The firm also offers government-backed mortgages like USDA and VA loans. Lendmark Mortgage Company is a family-owned business that has been operating for more than a decade. CEO Aaron Berger launched Mass Home Assist, which provides bundled real estate savings to Bay State customers, in 2017.

  • NMLS #: 39166

200 Portland St., Boston, MA 02114
WebsiteLicense: 418481

Expertise.com Rating

Review Sources

Google
4.9 (74)
Yelp
2.0 (26)

Why choose this provider?

Bank of England Mortgage is an organization in Boston whose purpose is to help individuals refinance, sell, or purchase properties. It offers multiple loan programs such as FHA loans, low or no down payment mortgages, condo financing, and VA loans. The bank also specializes in multi-family and single-family homes financing. It is an affiliate of the national program Homes for Heroes that offers special accommodations to law enforcers, military personnel, healthcare workers, firefighters, and teachers when they buy, sell, or refinance a home.

  • Multi-Family Loans

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
Mortgage Network, Inc. - Boston, MA
184 High Street, Boston, MA 02110
Poli Mortgage
100 River Ridge Dr., #304, Norwood, MA 02062
American Mortgage Resource, Inc.
2 Winter St Suite #202, Waltham, MA 02451
Capstone Mortgage
1775 Massachusetts Ave Suite 4, Lexington, MA 02420
Residential Mortgage Services
91 Franklin Street, Boston, MA 02110
Olive Tree Mortgage Solutions
70 Leo M. Birmingham Pkwy, Brighton, MA 02135
Drew Mortgage Associates Inc.
196 Boston Turnpike Road, Shrewsbury, MA 01545
MJ Mortgage Corporation
627 Broadway, Everett, MA 02149
Geovanne Colon
19 Pilgrim Road, Boston, MA 02215
MBA Mortgage
2 Adams Place Suite 410, Quincy, MA 02169
Maritime Mortgage
4 Cabot Place, Second Floor, Stoughton, MA 02072
MSA Mortgage
354 Main St, Winthrop, MA 02152
East West Mortgage
100 Hallet Street, Boston, MA 02124
Superior Funding Corporation
343 Washington St, Newton, MA 02458
Lendmark Mortgage Company
400 Tradecenter Dr Suite #5900, Woburn, MA 01801
Bank of England Mortgage
200 Portland St., Boston, MA 02114

Boston, MA Mortgage Refinance FAQs

  • Does the act of changing an adjustable-rate mortgage to a fixed-rate mortgage or utilizing the home equity for debt consolidation lead to a rise in the rate and payment for homeowners in Boston?

    Yes, both types of mortgage refinancing lead to an increase in rates and payments for homeowners in Boston. Nevertheless, opting to transform an adjustable-rate mortgage into a fixed-rate variant offers a sense of reassurance, as it removes the possibility of rate hikes. Using the equity of a home to consolidate debt not only aids in reducing monthly expenses but also eliminates monthly payments.

  • Is the presence of an attorney mandated by Massachusetts law during the mortgage refinance closing process in Boston?

    Yes. Massachusetts law stipulates that a Boston-based attorney must supervise both the mortgage refinance closing process and the actual closing. Legal professionals play a crucial role in addressing any title defects, managing the disbursement of mortgage funds, and officially recording essential documents. Additionally, they have the authority to release the existing mortgage lien.

  • When should Boston homeowners consider refinancing their existing mortgages?

    For homeowners in Boston, it is advantageous to consider refinancing their mortgages when the prevailing mortgage rates are at least 2% lower than their current loan rates. Exploring this option could still be worthwhile, even if the difference in interest rates is just 1% or lower. Such a decrease has the potential to reduce the monthly mortgage payments. For a $100,000 loan that was taken at 8.5%, the payment would be approximately $770, excluding taxes and insurance. By lowering the rate to 7.5%, the payment would decrease to $700, leading to a monthly savings of $70.

  • What is the difference between a home equity loan and a cash-out refinance in Boston?

    Using a home equity loan in Boston involves obtaining an additional loan that is placed above the original mortgage. On the other hand, a cash-out refinance involves replacing the initial mortgage with a new one that has a higher balance than the current loan. Typically, the interest rate on a cash-out refinance is lower than that of a home equity loan.

  • What benefits does FHA Streamline refinancing offer to homeowners in Boston?

    FHA Streamline refinancing is designed to make the refinancing process for Boston homeowners with existing FHA-guaranteed mortgages quicker and easier than a traditional refinance. It typically requires less documentation and underwriting compared to a standard refinance. This means less paperwork and a potentially faster approval process.