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Best Mortgage Refinance Companies in Newark, NJ

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 Newark 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.

157Reviewed

99Curated

12Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

15 Wilkinson Avenue, Building B Floor 2 Unit 2 B-3, Jersey City, NJ 07305
WebsiteLicense: 139369

Expertise.com Rating

Review Sources

Google
4.5 (129)

Why choose this provider?

NorthStar Funding is a financial firm that caters to clients located in Newark. It handles mortgage refinancing for both conventional and FHA loans. It also offers options HELOC, FRM, veterans administration, and luxury home construction loans. The company is a licensed mortgage broker in Florida, North Carolina, Georgia, Massachusetts, South Carolina, and New York. It is also an official mortgage consultant for SUNY - Manhattan. Its experienced staff has undergone training and work on flexible schedules. They also have access to niche programs.

511 S Orange Ave #2100, Newark, NJ 07103

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Review Sources

Facebook
5.0 (12)
Yelp
5.0 (9)

Why choose this provider?

Starr Mortgage Company is a full-service firm that has been serving Newark and its surrounding communities since 2004. It offers a wide range of loan programs involving financing for foreign nationals, non-warrantable condo projects, construction to permanent loans, divorce mortgage planning, and no income verification investment properties. Its mortgage broker, Jonathan Starr, is a lawyer who decided to pursue his passion for mortgages, real estate, and helping people achieve their financial goals. He also assists with setting up mortgage arrangements for couples going through a divorce.

  • New Construction

3322 Route 9 South, Old Bridge, NJ 08857
WebsiteLicense: 264752

Expertise.com Rating

Review Sources

Google
4.4 (13)

Why choose this provider?

The Rosario Team is a group of home refinancing professionals serving Newark and its neighboring communities. It assists clients who want to modify their loan terms, consolidate multiple debts, and obtain lower interest rates through home refinancing. It also offers different refinancing programs to clients with other loan needs, such as FHA streamline and USDA rural streamline refinance options. The Rosario Team is managed by Carlos Rosario, a loan professional associated with CrossCountry Mortgage.

  • Reverse Mortgages

655 Amboy Avenue, Woodbridge Township, NJ 07095
WebsiteLicense: 341713

Expertise.com Rating

Review Sources

Facebook
5.0 (43)

Why choose this provider?

Kingdom First Mortgage is a mortgage purchase and refinance company working with clients from all over Newark and the surrounding communities. It offers advice to clients who are considering refinancing their mortgages by helping them understand the benefits of the process and how to expedite it. The team provides clients with all the terms, facts, numbers, and options that they need to make an educated decision. And if refinancing isn't the right choice for the client at the time, the loan officers advise so. Clients can call or visit the company's FAQ page for more information about refinancing.

  • Commercial Loans

150 Morris Avenue, Springfield, NJ 07081
WebsiteLicense: 298422

Expertise.com Rating

Review Sources

Google
4.4 (37)

Why choose this provider?

Keypoint Mortgage LLC is a mortgage refinance company near Newark, working with clients from all over the locality and beyond. The team listens to clients' specific needs, assesses which of the several loan options available may be best to help them, and with the use of leading technology, personalizes several mortgage options for them in real-time. The company strives to offer the very best rates and options for all client needs, including those looking to refinance in order to lower their loan rates, reduce the repayment term, or obtain a cash-out for debt consolidation or investment.

  • Reverse Mortgages

16 Orange St. Ste 101, Bloomfield, NJ 07003

Expertise.com Rating

Review Sources

Google
5.0 (22)
Facebook
5.0 (20)
Yelp
5.0 (5)

Why choose this provider?

Aceland Mortgage is a locally owned and operated firm that serves homeowners and property investors in and around the Newark area. Established in 2003, the agency offers a wide selection of loan products, such as fixed-rate mortgages, VA, FHA, USDA, jumbo, and rehab loans. Its team of agents assists clients who own different types of residential properties, including condominiums, single-family homes, and townhouses, throughout the process of the Freddie Mac Relief refinance mortgage program. CEO William Halick has been working in the industry since 2000.

  • Multi-Family Loans

20 Jackson Drive, Cranford, NJ 07016
WebsiteLicense: 5034

Expertise.com Rating

Review Sources

Facebook
4.6 (43)

Why choose this provider?

First Alliance Home Mortgage has been providing Newark clients with a broad range of mortgage refinance programs since 2004. These include fixed-rate mortgages, interest-only mortgages, reverse mortgages, graduated payment mortgages, FHA loans, and VA loans. The firm's mortgage professionals assist clients in every step of the loan process, from submitting loan applications to signing closing documents. They also help borrowers get through the challenges that they might encounter while securing a loan.

  • Reverse Mortgages

375 Chestnut St 3C, Newark, NJ 07105

Expertise.com Rating

Review Sources

Facebook
4.5 (17)
Google
4.5 (8)
Yelp
5.0 (1)

Why choose this provider?

AMS Mortgage Services, Inc., serves the lending needs of real estate professionals, builders, and individual homebuyers. The agency, established in 1992, has access to a full range of mortgage sources to help clients find loan solutions that fit their unique needs. Its mortgage professionals also offer refinancing assistance to clients who are looking to reduce their monthly payments, cash out some of their equity, or consolidate their existing debts. The firm accommodates loan applications online 24/7.

  • New Construction

206 U.S. 202, Bridgewater Township, NJ 08807
WebsiteLicense: 26454

Expertise.com Rating

Review Sources

Yelp
5.0 (1)

Why choose this provider?

Golden Mortgage Corporation is a mortgage and mortgage refinance company offering a range of home buying solutions to customers in Newark since 1998. The team works with customers looking to refinance their mortgage to lower interest rates and payment terms or take a cash-out for home improvements, college funding, and debt consolidation. It advises them on the best mortgage deals on the market and which options to consider for their particular financial scenario. Golden Mortgage Corporation offers fixed- and adjustable-rate refinance loans, FHA and VA refinance loans, and cash-out refinance.

  • Reverse Mortgages

1923 Springfield Ave, Maplewood, NJ 07040

Expertise.com Rating

Why choose this provider?

Mortgage First Direct, Inc., provides home loan solutions to the people of Newark and the surrounding areas. The company works with a network of hundreds of lenders to find the right loan program and interest rate for each client. The available loan programs include FHA, VA, USDA, and jumbo mortgages. Its specialists also assist clients with any difficulties that may arise during the loan application process. Mortgage First Direct has been in operation since 2000.

  • Multi-Family Loans

786 Mountain Boulevard, Watchung, NJ 07069
WebsiteLicense: 1390034

Expertise.com Rating

Review Sources

Facebook
5.0 (11)
Yelp
5.0 (6)

Why choose this provider?

Top Vine Mortgage Services LLC is a mortgage and mortgage refinance company near Newark. Licensed in NY, NJ, PA, CT, FL, and VA, the award-winning team at Top Vine Mortgage Services combines a determination to provide customers with the utmost professionalism, privacy, and support in helping determine the best financial scenario. By partnering with the nation's top financial institutions and leveraging many years of experience and deep industry insights, the team can help clients looking to refinance their mortgage find the best deals on the market. Online applications are possible, and clients can always call for more information.

  • Reverse Mortgages

41 Newark St., Hoboken, NJ 07030
WebsiteLicense: 223593

Expertise.com Rating

Review Sources

Google
4.9 (48)
Facebook
4.7 (14)

Why choose this provider?

Michael J. Bovaird has been helping individuals and families in Newark with their mortgage refinancing needs since 2003. He is a loan officer with NJ Lenders Corp., offering assistance with mortgage refinancing to help clients convert adjustable rates into fixed rates, lower mortgage rates and payments, take cash out to consolidate debts, and remove mortgage insurance. NJ Lenders Corp. was established in 1991 and has closed over 100,000 mortgage loans in 13 states, including New York, Connecticut, Florida, and Massachusetts.

  • New Construction

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
NorthStar Funding
15 Wilkinson Avenue, Building B Floor 2 Unit 2 B-3, Jersey City, NJ 07305
Starr Mortgage Company
511 S Orange Ave #2100, Newark, NJ 07103
The Rosario Team
3322 Route 9 South, Old Bridge, NJ 08857
Kingdom First Mortgage
655 Amboy Avenue, Woodbridge Township, NJ 07095
Keypoint Mortgage
150 Morris Avenue, Springfield, NJ 07081
Aceland Mortgage
16 Orange St. Ste 101, Bloomfield, NJ 07003
First Alliance Home Mortgage
20 Jackson Drive, Cranford, NJ 07016
AMS Mortgage Services, Inc.
375 Chestnut St 3C, Newark, NJ 07105
Golden Mortgage Corporation
206 U.S. 202, Bridgewater Township, NJ 08807
Mortgage First Direct, Inc.
1923 Springfield Ave, Maplewood, NJ 07040
Top Vine Mortgage Services, LLC
786 Mountain Boulevard, Watchung, NJ 07069
Michael J. Bovaird
41 Newark St., Hoboken, NJ 07030

Newark, NJ Mortgage Refinance FAQs

  • Are you required to undergo a home appraisal during mortgage refinancing procedures in Newark?

    Most mortgage refinancing procedures in Newark often involve home appraisals since lenders need to know the estimated value of your property. However, you are not required to undergo a home evaluation if you have a no-appraisal refinancing waiver from government institutions, like the Department of Veteran Affairs and the Federal Housing Administration.

  • Does the New Jersey Housing and Mortgage Finance Agency have a refinancing program for homebuyers in Newark?

    No, the New Jersey Housing and Mortgage Finance Agency does not provide refinancing programs for homebuyers in Newark. Those who are affiliated with the Police and Fireman's Retirement System, on the other hand, can apply for refinancing under its mortgage loan program. Borrowers with one year of service are eligible to participate.

  • What are the different components of a monthly mortgage payment in Newark?

    Borrowers in Newark usually need to provide monthly mortgage payments that involve three components: insurance, interest, and principal. During the first months of refinancing, a borrower's mortgage installations are often used to pay the lender. Most payments are eventually utilized to settle the principal amount, while insurance fees are paid directly through a separate escrow account.

  • Should you avoid using a credit card when refinancing your mortgage in Newark?

    Yes, you should avoid using a credit card when refinancing your mortgage in Newark since it could negatively affect your credit score. Your application can get denied if lenders perform credit reviews during the pre-approval process and your final score is lower than expected. This is why you should use other payment methods instead of making credit card purchases during mortgage refinancing.

  • Why should Newark residents choose a debt consolidation loan?

    Newark residents should choose a debt consolidation loan during the mortgage refinancing process since it allows them to pay off their existing credit card bills or loans. This is called cash-out refinancing because borrowers can merge different mortgages to settle outstanding payments involving high educational and medical fees. In addition, the money from debt consolidation procedures can be used to start an emergency fund.