Expertise.com Homepage

2024

Last updated:

Best Mortgage Refinance Companies in Denton, TX

Our Recommended Top 13

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

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

81Reviewed

53Curated

13Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

3201 Dallas Parkway, Suite 200-272, Frisco, TX 75034
WebsiteLicense: 1112241

Expertise.com Rating

Review Sources

Google
5.0 (26)

Why choose this provider?

The Mortgage Brokers serves clients in and around Denton who need a variety of loan and refinancing solutions. The office has purchasers' products, including USDA and VA programs. Options are available that are fit for real estate investors. The company refinances debts and uses cash-out, rate-and-term, and student loan choices. It also offers on-traditional products for clients who need bank statement and ITIN selections. The Mortgage Brokers is part of the Association of Independent Mortgage Experts.

  • Reverse Mortgages

2591 Dallas Parkway, Ste 210, Frisco, TX 75034
WebsiteLicense: 194741

Expertise.com Rating

Review Sources

Google
4.9 (211)
Facebook
5.0 (18)

Why choose this provider?

The Loan Designer has been attending to the financial needs of homeowners and homebuyers in and around Denton since 2004. Its team of mortgage advisors assists clients looking to refinance their loans. They offer mortgage options for homeowners planning to renovate their properties and veterans looking to build their dwelling places. Conventional loans, which come in adjustable- and fixed-rate options, are also offered. In addition to mortgage refinancing, The Loan Designer provides jumbo and construction loan programs.

  • New Construction
  • Reverse Mortgages

5465 Legacy Drive Suite 650, Plano, TX 75024
WebsiteLicense: 1686418

Expertise.com Rating

Review Sources

Google
4.9 (109)
Facebook
4.7 (33)

Why choose this provider?

WeDoLoans.com serves homeowners in Denton. It helps clients secure home refinancing loans, including VA, FHA, Jumbo, USDA, and adjustable rate mortgages. Its staff does the work of shopping for a loan fit for the client's specific goal, from lowering mortgage interests and shortening loan terms to cashing out on equity. It also offers purchase loans. WeDoLoans.com works with multiple lenders, such as Home Point Financial, Finance of America, and United Wholesale Mortgage. Owner and mortgage broker Troy Jones has over 20 years of industry experience.

  • New Construction
  • Reverse Mortgages

6351 Preston Rd Suite 125, Frisco, TX 75034
WebsiteLicense: 213947

Expertise.com Rating

Review Sources

Google
4.9 (193)
Facebook
4.8 (24)

Why choose this provider?

Guaranty Federal Mortgage helps individuals in Denton purchase homes through various products, including VFA, jumbo, conventional, and VA loans. Its loan officers guide clients in choosing different refinancing options, whether using an adjustable-rate mortgage to lower their rates and monthly payments or obtaining a 15-year mortgage loan to build up their home equity faster. They also guide customers in the loan process, including furnishing a pre-qualification letter and coordinating with a title company concerning funding. The company's founder, Chris Peck, has been in the lending industry since 1998.

  • Reverse Mortgages

100 W. Oak Street, Denton, TX 76201
WebsiteLicense: 262604

Expertise.com Rating

Review Sources

Google
5.0 (52)
Facebook
5.0 (19)

Why choose this provider?

The Mortgage Brewer Team caters to the locals of Denton. It helps loaners and homebuyers reduce interest rates or change the terms of their existing mortgages by offering refinancing services. The company presents clients with options like fixed and adjustable rate mortgages, as well as USDA, FHA, and VA loans. It also assists clients who are looking to purchase new property. The business is managed by Travis Scott, a veteran mortgage broker with over 18 years of experience.

  • Reverse Mortgages

100 W. Oak St #G-109, Denton, TX 76201
WebsiteLicense: 1659140

Expertise.com Rating

Review Sources

Google
5.0 (74)
Facebook
5.0 (5)

Why choose this provider?

Wes Gregg is a loan officer for NXT Mortgage who caters to customers throughout Denton and the nearby areas. As a mortgage broker, he is able to shop lenders for clients, helping them find loan options that match their particular criteria. Loan products include 15- and 30-year fixed mortgages, FHA, VA, USDA, and jumbo loans. Gregg assists clients throughout the whole process of refinancing their homes, whether it is the client's first time or their fifth time doing so.

3520 Ashley Gardens, The Colony, TX 75056
WebsiteLicense: 1823711

Expertise.com Rating

Review Sources

Google
5.0 (38)

Why choose this provider?

APS Mortgage aims to improve the financial outlook of borrowers in Denton. It offers refinancing solutions, allowing clients to pay their existing loans with reduced interest rates and payment terms and take cash out from home equity. Some of its programs include jumbo, super jumbo, fixed and adjustable rate mortgages, and FHA, VA, and USDA loans. The company provides loan calculators and clearly explains financing options to help clients make informed decisions despite frequent market condition changes.

890 Mellanie Court, Celina, TX 75009
WebsiteLicense: 357809

Expertise.com Rating

Why choose this provider?

Randy Teakell is a residential mortgage loan originator in Denton. He helps clients with property refinancing for single-family, townhome, condominium, multi-family homes, and manufactured or mobile homes. He offers different loan types, such as 15-30 year fixed, adjustable, and reverse mortgages, FHA loans, VA loans, jumbo loans, and 203k loans for home purchase, home refinance, and home equity. In his previous dealings, Randy was able to help a client purchase a property after resolving problems such as the tidewater initiative being placed on the property, a reconsideration of value, and issues with real estate agents.

2770 Fishtrap Rd, Suite 20, Prosper, TX 75078
WebsiteLicense: 1553267

Expertise.com Rating

Review Sources

Google
5.0 (139)
Facebook
5.0 (19)

Why choose this provider?

Gapital is a home loan company that serves prospective owners in and around the Denton area. It offers mortgage refinancing programs for borrowers who are looking forward to lowering their current monthly payments. Its team provides quotes with side-by-side programs and rates to reduce confusion and mistakes. Gapital was established in 2015 by Tacy Nichols and Cody Stevens, who aim to fill the gap between the mortgage model and customer goals.

  • New Construction
  • Reverse Mortgages

6100 Preston Road, Frisco, TX 75034
WebsiteLicense: 119417

Expertise.com Rating

Review Sources

Google
5.0 (44)

Why choose this provider?

The Decker Group has mortgage and refinancing solutions for house buyers based in Denton. Refinancing is available for individuals whose existing obligations are difficult to fulfill. The team has VA products for military service personnel and renovation options for home improvement projects. It also has special programs aimed at educators and employees of learning institutions. The Decker Group is headed by Kelly Decker, who has worked with more than 1,000 families and completed studies in business.

  • New Construction

3020 Corporate Court, Suite 500, Flower Mound, TX 75028
WebsiteLicense: 225604

Expertise.com Rating

Review Sources

Google
5.0 (29)
Facebook
4.7 (18)

Why choose this provider?

J Philips Mortgage, Inc., serves customers in Denton and the surrounding areas who need refinancing and mortgage options. These products include adjustable-rate and conforming loans. Jumbo programs are available and the company has government-backed choices aimed at military service veterans. It also refinances existing debts and has an online facility that computes the potential benefits of restructuring existing debts. J Philips Mortgage employs local area experts who are attuned to the trends and developments in their locales.

  • New Construction

202 S Coleman St, Suite 300, Prosper, TX 75078
WebsiteLicense: 872948

Expertise.com Rating

Review Sources

Google
5.0 (93)
Facebook
5.0 (75)

Why choose this provider?

Eagle Mortgage Company is a Prosper-based business that caters to clients throughout Denton. It deals with individuals looking to reduce their mortgage terms and helps them through the process of refinancing. The company has worked on various loan programs, including USDA, VA, and FHA mortgages. It also assists aspiring homeowners with loan options like fixed-rate and adjustable-rate programs. Chad Rutherford, one of its team members, has been in the mortgage industry for more than a decade.

  • New Construction

137 TX-121, #115, Coppell, TX 75019
WebsiteLicense: 1646419

Expertise.com Rating

Review Sources

Google
5.0 (51)

Why choose this provider?

Texas Star Mortgage guides individuals and families in Denton in reaching their homeownership goals. The agency provides borrowers with a variety of refinancing solutions to help them lower their interest rates and shorten their existing mortgage terms. Through its refinance analysis request tool, customers can determine the right loan programs that match their needs, such as fixed rate, ARM, FHA, VA, and USDA loans. The company also provides options for clients to convert their home equity into cash.

  • Reverse Mortgages

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
The Mortgage Brokers
3201 Dallas Parkway, Suite 200-272, Frisco, TX 75034
The Loan Designer
2591 Dallas Parkway, Ste 210, Frisco, TX 75034
WeDoLoans.com
5465 Legacy Drive Suite 650, Plano, TX 75024
Guaranty Federal Mortgage
6351 Preston Rd Suite 125, Frisco, TX 75034
The Mortgage Brewer Team
100 W. Oak Street, Denton, TX 76201
Wes Gregg
100 W. Oak St #G-109, Denton, TX 76201
APS Mortgage
3520 Ashley Gardens, The Colony, TX 75056
Randy Teakell
890 Mellanie Court, Celina, TX 75009
Gapital
2770 Fishtrap Rd, Suite 20, Prosper, TX 75078
The Decker Group
6100 Preston Road, Frisco, TX 75034
J Philips Mortgage, Inc.
3020 Corporate Court, Suite 500, Flower Mound, TX 75028
Eagle Mortgage Company
202 S Coleman St, Suite 300, Prosper, TX 75078
Texas Star Mortgage
137 TX-121, #115, Coppell, TX 75019

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 is the average refinance loan amount in Denton?

    In 2021, the average refinance loan amount in Denton and throughout the Dallas-Fort Worth area was $177,250. This is significantly lower than the national average of $304,909 for the same year. Meanwhile, the average closing costs in the Dallas-Fort Worth area amounted to 1.78% of the average loan amount.

  • What are the fees associated with Denton mortgage refinancing?

    Homeowners in Denton who wish to refinance their mortgages will have to pay for the costs of the application, home appraisal, loan origination, survey, attorney, and title search and insurance. They may also have to pay property taxes and prepayment penalties. Texas had one of the highest average closing costs nationwide for a single-family home refinance in 2021.

  • Who is eligible for a cash-out refinance in Denton?

    Since cash-out refinances are backed by the Federal Housing Administration, Freddie Mac, the Federal Housing Administration, and Veterans Affairs, residents of Denton are subject to less stringent credit score requirements and underwriting than other types of borrowing against one's home. Interest rates on cash-out refinances are also fixed.

  • What are the disadvantages of a cash-out refinance in Denton?

    One of the disadvantages of taking out a cash-out refinance in Denton is that borrowers may end up paying more in interest over the long term, as they’re increasing not only the amount but also the length of their loan. Other alternatives to a cash-out refinance include a home equity loan and a home equity line of credit.

  • What are the benefits of a Fannie Mae HomeReady refinance in Denton?

    Those in Denton who plan to use the Fannie Mae HomeReady program to refinance their mortgages need only 3% equity for a limited cash-out refinance. In some cases, Fannie Mae HomeReady allows for up to 97% loan-to-value ratio. Most other refinance programs require at least 20% equity or a maximum loan-to-value ratio of 80%.

  • 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.