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Best Mortgage Refinance Companies in Plymouth, MN

Our Recommended Top 12

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 Plymouth 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.

51Reviewed

35Curated

12Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

17400 45th Ave. No, Plymouth, MN 55446
WebsiteLicense: 371573

Expertise.com Rating

Review Sources

Facebook
5.0 (24)
Google
5.0 (4)

Why choose this provider?

Thomas My Mortgage Guy addresses the customers' needs in Plymouth. Primary associate Thomas Cary Jr. works under the American Nationwide Mortgage Company, providing refinance, home purchases, contract-for-deed, and mortgage solutions. He walks clients through the mortgage process and partners with numerous lenders to offer borrowers a wide range of loan options. These options include fixed- and adjustable-rate, VA, and FHA loans. Cary also offers downpayment assistance programs for first-time and repeat homebuyers and loan options to self-employed borrowers that do not require tax returns.

  • New Construction

2605 Fernbrook Lane North, Suite A, Plymouth, MN 55447
WebsiteLicense: 327874

Expertise.com Rating

Review Sources

Google
5.0 (12)

Why choose this provider?

US West Financial is a mortgage brokerage that has been helping residents and ethnic communities in and around Plymouth for over 18 years. Its services include refinancing options. The local brokerage aims to cater to clients' specific needs by providing an array of loan programs, such as FHA, VA, USDA, and jumbo loans, as well as mortgage rate options like fixed-rate, adjustable ARM, interest-only, and gradual payments. It also provides investment tools and an option to submit loan applications on its website.

  • Reverse Mortgages

13700 Reimer Dr N Ste. 100, Maple Grove, MN 55311
WebsiteLicense: 69171

Expertise.com Rating

Review Sources

Facebook
5.0 (17)

Why choose this provider?

Doug Hunt is a senior loan consultant at New American Funding. He helps clients in Plymouth refinance a mortgage. The agent also guides clients who are planning to buy a home. He offers several types of mortgage programs such as conventional, adjustable rate, investment property, reverse, and second home. Mortgages for people with less than perfect credit are also available. In addition, the consultant offers VA, FHA, and USDA loans. Hunt carries over 25 years of experience in mortgage lending.

  • New Construction

9240 Baltimore St NE #110, Blaine, MN 55449
WebsiteLicense: 224046

Expertise.com Rating

Review Sources

Google
4.9 (309)

Why choose this provider?

Refined Lending is a full-service mortgage company that serves individuals and families in Plymouth and the surrounding areas. It helps clients reduce their monthly mortgage payments through refinancing various 15-year loans, including fixed, FHA, and VA loans. It also provides debt consolidation refinancing programs for 15-year, 30-year, FHA, and VA loans. Regional Manager Nate Raich has more than two decades of mortgage experience. Through the company's Refined Difference Project, it donates to local organizations such as the Minnesota Children’s Hospital.

  • Reverse Mortgages
  • New Construction

7505 Metro Blvd, Suite 600, Edina, MN 55439
WebsiteLicense: 1519877

Expertise.com Rating

Review Sources

Facebook
5.0 (6)

Why choose this provider?

Karl Farasyn of Luminate Home Loans is a mortgage officer who caters to the lending needs of property owners in the Plymouth area. He educates and guides clients, from consultation and pre-approval to choosing the best loan program for homebuying and refinancing. The options include conventional, FHA, USDA, and VA programs. He also provides a list containing the documents the borrowers must obtain. A previous client recalled how Karl had shown an individualized level of service throughout the mortgage process.

  • Reverse Mortgages

3030 Harbor Ln N, Plymouth, MN 55447
WebsiteLicense: 1986202

Expertise.com Rating

Review Sources

Google
5.0 (3)

Why choose this provider?

My Home Mortgage LLC provides home financing solutions to the people of Plymouth and the surrounding areas. It assists homeowners seeking to refinance their current mortgages to change payment terms, consolidate outstanding debts, lower interest rates, and cash out home equity. The firm works to find the right loan program for borrowers that fits their financing needs and goals, and takes the time to explain the differences between the loan programs they are qualified to apply.

  • Reverse Mortgages

12906 63rd Avenue N, Maple Grove, MN 55369
WebsiteLicense: 322842

Expertise.com Rating

Review Sources

Google
5.0 (755)

Why choose this provider?

First Class Mortgage is a locally owned company that serves clients in Plymouth and all of Minnesota. It guides homeowners seeking to refinance their existing mortgage to find the appropriate option that fits their specific scenario. Refinancing options include cash-out, lower fixed-rate, shorter-term, or longer-term. The company also handles financing for conventional, jumbo, renovation, FHA, VA, and USDA loans. It offers Homes for Heroes and doctor loans as well. First Class Mortgage is also licensed in South Dakota, Wisconsin, and Florida.

  • New Construction
  • Reverse Mortgages

6901 East Fish Lake Rd., Suite 160, Maple Grove, MN 55369
WebsiteLicense: 446634

Expertise.com Rating

Review Sources

Facebook
5.0 (6)

Why choose this provider?

Kim Larson is a Maple Grove-based co-branch manager who deals with clients across Plymouth. She assists homeowners looking to refinance their existing mortgages to fulfill goals like decreased interest rates or shortened loan terms. Larson takes into consideration various information—including property values and the client's ongoing debts—as part of her work process. She also provides jumbo loans, a way for borrowers to obtain properties in high-value communities. Larson has worked with the firm Fairway Independent Mortgage Corporation for over four years.

  • New Construction
  • Reverse Mortgages

10425 49th Ave N, Plymouth, MN 55442
WebsiteLicense: 400282

Expertise.com Rating

Review Sources

Google
5.0 (184)

Why choose this provider?

Michael Houg is a mortgage loan originator serving customers in Plymouth. He works for MinnTrust Mortgage and has been with the company since 2018. He seeks to make the home refinance process easier for clients by guiding them every step of the way and giving them access to various decision-making tools and mortgage calculators. He helps borrowers choose from different mortgage programs, including USDA, VA, FHA, jumbo, and HARP loans. Houg also assists people seeking fixed- and adjustable-rate mortgages.

  • Commercial Loans

3515 Plymouth Blvd, Plymouth, MN 55447
WebsiteLicense: 1539452

Expertise.com Rating

Review Sources

Google
5.0 (12)

Why choose this provider?

MiMutual Mortgage works with Plymouth clients. The company addresses their concerns on matters involving the mortgage refinancing process, including appraisal and underwriting. It offers online tools that help clients visualize the long-term impact of refinancing on their tax situation. The company also provides FHA 203(k) loan, a solution for borrowers seeking to acquire and renovate properties. Vincent Sicilia, its chief operations officer, has over a decade of industry experience. He previously held management roles under firms like Aurora Bank FSB, Citi, and Wells Fargo.

  • Reverse Mortgages

7655 Washington Ave S, Edina, MN 55439
WebsiteLicense: 649539

Expertise.com Rating

Review Sources

Facebook
5.0 (44)
Google
5.0 (25)

Why choose this provider?

Shelle Page, a consultant for My City Mortgage, offers home refinancing options for individuals and families in and around the Plymouth metro. The process starts with an online or in-person consultation, followed by a pre-approval process that includes assessing the type of loan that would fit a client. She also assists individuals wanting to apply for FHA loans and the Homes for Heroes program. Page has been an originator and consultant for the past 20 years.

  • New Construction

3100 W Ray Rd Ste 201, Office 209, Plymouth, MN 85226
WebsiteLicense: 873045

Expertise.com Rating

Why choose this provider?

Steven Hauge is a senior mortgage loan officer serving homebuyers in Plymouth. He assists customers with existing mortgages to find new ones to lower their rates and monthly repayments or modify their mortgage terms. He also helps clients use the cash from the equities of their properties. Steven offers fixed-rate, adjustable-rate, conforming, Jumbo, FHA, and VA loans. He helps his clients obtain loans that are compatible with their financial objectives. He has over two decades of experience and is NMLS-certified.

  • New Construction
  • Reverse Mortgages

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
Thomas My Mortgage Guy
17400 45th Ave. No, Plymouth, MN 55446
US West Financial
2605 Fernbrook Lane North, Suite A, Plymouth, MN 55447
Doug Hunt
13700 Reimer Dr N Ste. 100, Maple Grove, MN 55311
Refined Lending
9240 Baltimore St NE #110, Blaine, MN 55449
Karl Farasyn
7505 Metro Blvd, Suite 600, Edina, MN 55439
My Home Mortgage LLC
3030 Harbor Ln N, Plymouth, MN 55447
First Class Mortgage
12906 63rd Avenue N, Maple Grove, MN 55369
Kim Larson
6901 East Fish Lake Rd., Suite 160, Maple Grove, MN 55369
Michael Houg
10425 49th Ave N, Plymouth, MN 55442
MiMutual Mortgage
3515 Plymouth Blvd, Plymouth, MN 55447
Shelle Page
7655 Washington Ave S, Edina, MN 55439
Steven Hauge
3100 W Ray Rd Ste 201, Office 209, Plymouth, MN 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 takes place during the underwriting phase of a mortgage refinance in Plymouth?

    Your application will go on to the underwriting stage once you have submitted the supporting documentation required to complete your mortgage refinance in Plymouth. During this stage, the mortgage lender may request an appraisal and title report. They might also check your assets, employment history, and other required paperwork. Your application will proceed to the closing preparation stage if it has been authorized.

  • What fees are included in the closing of a mortgage refinance in Plymouth?

    All fees associated with originating and closing your loan are included in the closing costs of a mortgage refinance in Plymouth. These include expenses for surveys, title searches, appraisals, insurance, down payments, escrow deposits, document preparation fees, and attorney fees. You will be required to pay the sum of your entire closing costs after the deal is finalized.

  • Can your mortgage lender in Plymouth sell your loan to a different company?

    Yes. Plymouth has a secondary mortgage market where lenders and investors may purchase and sell mortgage pools. In the event that another business buys your mortgage, it accepts all terms and restrictions. The rate, payments, and any other terms of the contract are unaffected by a new lender. You will only need to transmit payments to your new loan service provider.

  • Who is qualified for a reverse mortgage in Plymouth?

    Borrowers in Plymouth can get a reverse mortgage if they satisfy the following requirements:

    • Used the property as their main place of living.
    • Older than 62, at least.
    • Own an existing mortgage low enough to be paid off using the money from the home equity conversion mortgage.
    • Participated in a HUD-approved counseling session
  • What is considered a poor credit score for refinancing in Plymouth?

    A credit score below 620 is typically not desirable for refinancing. The majority of refinancing alternatives require 620 as a minimum credit score. With a lower score, you can still refinance, but your alternatives are more limited. Additionally, lenders in Plymouth would probably give you a greater interest rate than they would if your score were higher.

  • 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.