Expertise.com Homepage

2024

Last updated:

Best Mortgage Refinance Companies in Provo, UT

Our Recommended Top 14

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 Provo 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.

74Reviewed

50Curated

14Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

852 South Main Street, Pleasant Grove, UT 84062
WebsiteLicense: 353774

Expertise.com Rating

Review Sources

Google
4.8 (34)

Why choose this provider?

Augusta Lending is a mortgage company that works with people in Provo and the surrounding communities. It caters to those looking to refinance their homes to reduce their monthly mortgage payments and lessen their loan terms from 30 years to 15 years. Its refinancing services also help people switch from a government to a conventional loan and eliminate mortgage insurance when applicable. The company uses industry-standard mortgage technology, striving to close clients' loans on time.

813 N 900 W, Orem, UT 84057
WebsiteLicense: 3152

Expertise.com Rating

Why choose this provider?

Superior Lending Associates, LC is a firm that offers mortgage refinancing to its Provo-based clients. It also allows streamline refinancing in its FHA and VA loans. Other products include reverse and 203K rehabilitation mortgages, and USDA or RHS loans. They also have loan options for short-term investors. NMLS-registered, the company was founded in 2001. Its website details a ten-step mortgage process and gives its visitors access to online tools like the loan calculator, application checklist, and mortgage glossary.

  • Multi-Family Loans
  • New Construction
  • Reverse Mortgages

360 Technology Court, Suite 200, Lindon, UT 84042
WebsiteLicense: 1359687

Expertise.com Rating

Review Sources

Google
4.6 (835)
Yelp
2.8 (41)

Why choose this provider?

Box Home Loans is a full-service mortgage company that caters to property buyers and sellers in Provo. The firm provides clients with mortgage refinance programs that allow them to consolidate debt, lower monthly payments, and reduce loan terms. Some of its refinance options include home equity, cash-out, fixed-rate, and conventional loans. The team also offers home purchase loans such as FHA, VA, and ARM. To better serve their client's needs, the company only serves individuals who are financially responsible and meet their requirements.

  • New Construction

373 S 100 W, Payson, UT 84651
WebsiteLicense: 290308

Expertise.com Rating

Review Sources

Facebook
5.0 (84)
Google
5.0 (39)

Why choose this provider?

Ryan Mortgage Company caters to locals in Provo. The company assists clients who want to refinance and decrease their interest rates by obtaining another mortgage loan. In addition to refinancing, it offers loan programs, including construction, home equity, FRM, ARM, and reverse credit. Ryan Mortgage Company has won a variety of recognitions, such as The Best of Utah Valley by Daily Herald's Reader's Poll and Business of the Month from the Santaquin Area and Salem chambers of commerce.

  • New Construction
  • Reverse Mortgages

3550 N University Ave Suite 350, Provo, UT 84604
WebsiteLicense: 268411

Expertise.com Rating

Review Sources

Google
5.0 (10)
Yelp
3.5 (9)
Facebook
5.0 (6)

Why choose this provider?

Greg Pearson assists clients in Provo and the surrounding areas with their refinancing concerns. He helps them in understanding their options by explaining the various loan programs available, such as VA and FHA streamlines as well as conventional consolidation, rate and term, and cash out. Pearson represents First Colony Mortgage, which was established in 1984. He has been in the industry for more than 30 years. Pearson can assist the Spanish-speaking community. He also aids clients in California.

  • New Construction

1261 South 820 East Suite #200, American Fork, UT 84003
WebsiteLicense: 1569026

Expertise.com Rating

Review Sources

Google
4.9 (2028)
Yelp
3.2 (15)

Why choose this provider?

Simplify Home Loans has been offering mortgage refinancing solutions to clients in the Provo metro and the surrounding areas since 2016. Its team arranges refinancing options from conventional lenders and government-backed programs like FHA, VA, and USDA. The firm also works with first-time homebuyers and seasoned investors. Owner Jacob Deegan has been in the mortgage business since 2001. From 2010 to 2014, Jacob was ranked as the highest-producing loan officer of VA loans by Scotsman Guide.

  • New Construction

384 South 400 West, Lindon, UT 84042
WebsiteLicense: 1109426

Expertise.com Rating

Review Sources

Facebook
5.0 (59)
Google
4.9 (12)

Why choose this provider?

Elevate Mortgage Group serves customers in Provo who need loan and refinancing solutions. These products include adjustable-rate mortgages and conventional loans. Options supported by the USDA are available for clients in the market for rural properties and VA-backed contracts are in place for current and retired military service personnel. The team restructures current obligations into more manageable forms. Company president Eric Kandell entered the combat veterans' financing sector in 1997 and continues to actively support soldiers' support organizations.

  • Reverse Mortgages

576 S State Street, Orem, UT 84058
WebsiteLicense: 269043

Expertise.com Rating

Review Sources

Facebook
5.0 (142)
Google
5.0 (131)
Yelp
5.0 (3)

Why choose this provider?

Work Harding Home Mortgage Team is a brokerage in Provo that provides an online refinance calculator for clients. Serving the metro and nearby locations, its team of loan officers assists clients in understanding the new terms and rates before availing of mortgage refinancing. The other services they offer include home purchasing loans, divorce lending, and solar financing. The firm provides a variety of loan types, such as fixed-rate, adjustable-rate, USDA-rural housing, HomePath, and lender-paid mortgage insurance.

  • Multi-Family Loans
  • New Construction
  • Reverse Mortgages

358 W Center St, Orem, UT 84057
WebsiteLicense: 252108

Expertise.com Rating

Review Sources

Google
4.9 (18)
Facebook
5.0 (13)

Why choose this provider?

Veritas Funding LLC is a mortgage refinance company serving Provo. Reverse mortgages, conventional loans, mortgage refinancing, VA, FHA, USDA, and jumbo loans are among its products. The company relies on its knowledgeable loan officers and operations team to streamline client transactions, and uses its online portal access to speed up the uploading and signing of papers. Kalab Stokes, the organization's branch manager in Orem, has more than 16 years of experience in the mortgage industry.

  • Multi-Family Loans

62 E 800 N, #202, Spanish Fork, UT 84660
WebsiteLicense: 1805193

Expertise.com Rating

Review Sources

Google
4.9 (74)
Facebook
5.0 (10)

Why choose this provider?

Remarkable Home Loans provides mortgage solutions for customers in the Provo metro. Its loan officers assist in exploring various financial choices available. They provide financial guidance when buying, selling, refinancing, or developing an ideal house. They have an adjustable-rate mortgage that attracts homebuyers who refinance the loan after the fixed period ends. Other programs are 30-year fixed, VA, jumbo, reverse mortgage, and FHA loans. Executive vice president and loan officer Dave Funk is a former vice president of Zions Bank.

  • New Construction

1440 N 900 W, Mapleton, UT 84664
WebsiteLicense: 270856

Expertise.com Rating

Review Sources

Google
5.0 (158)
Yelp
5.0 (2)

Why choose this provider?

Asbell Team is a full-service mortgage brokerage firm serving Provo. It offers mortgage refinancing to individuals who want to reduce their monthly mortgage payments, consolidate high-interest debt, and pay off loans faster. Its mortgage consultants—who have over 100 years of collective industry experience—collaborate with Homeside Financial to help borrowers determine whether a refinance is the best option for their specific situation. The team only works with referred clients, allowing them to focus on creating personalized plans for people who rely on them.

  • New Construction
  • Reverse Mortgages

576 South State, Orem, UT 84058
WebsiteLicense: 178787

Expertise.com Rating

Review Sources

Google
4.9 (228)
Facebook
4.7 (111)
Yelp
1.0 (1)

Why choose this provider?

Security Home Mortgage offers mortgage refinancing solutions to individuals in Provo. It assists borrowers looking to refinance in order to cash out their home equity for large expenses, such as paying for solar panels. As a mortgage lender and a direct seller to Fannie Mae, the company has access to an extensive list of loan products, such as energy-efficient loans and home renovation loans, giving clients more options and flexibility. Security Home Mortgage has been in business since 1999.

  • New Construction

1982 W Pleasant Grove Blvd, Ste H, Pleasant Grove, UT 84062
WebsiteLicense: 1623316

Expertise.com Rating

Why choose this provider?

Creekside Mortgage has loan and refinancing options for house buyers in Provo. The company rearranges a debtor's current mortgage obligations to reduce the burdens of payment. It delivers products with terms ranging from 15 to 30 years, as well as adjustable or fixed rates. Government-sponsored contracts under Veterans Affairs or the FHA are also available. Creekside Mortgage is an independent group that has ties with over 70 wholesale lenders to give customers a varied selection of choices.

  • Multi-Family Loans

384 S 400 W, Ste. 100, Lindon, UT 84042
WebsiteLicense: 1109426

Expertise.com Rating

Review Sources

Google
4.9 (2087)
Yelp
3.6 (22)

Why choose this provider?

Low VA Rates is a mortgage firm serving clients in Provo. It assists servicemembers and veterans seeking to refinance their current mortgages to lower payments, cash out equity, consolidate debts, or shorten loan terms. It offers two types of VA refinance programs, such as the VA streamline and the cash-out loan. Its specialists help borrowers verify their loan eligibility and find the best program for them. As part of its community outreach efforts, Low VA Rates provides military scholarships and donates to military charities.

  • Reverse Mortgages

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
Augusta Lending
852 South Main Street, Pleasant Grove, UT 84062
Superior Lending Associates, LC
813 N 900 W, Orem, UT 84057
Box Home Loans
360 Technology Court, Suite 200, Lindon, UT 84042
Ryan Mortgage Company
373 S 100 W, Payson, UT 84651
Greg Pearson
3550 N University Ave Suite 350, Provo, UT 84604
Simplify Home Loans
1261 South 820 East Suite #200, American Fork, UT 84003
Elevate Mortgage Group
384 South 400 West, Lindon, UT 84042
Work Harding Mortgage Team
576 S State Street, Orem, UT 84058
Veritas Funding
358 W Center St, Orem, UT 84057
Remarkable Home Loans
62 E 800 N, #202, Spanish Fork, UT 84660
Asbell Team
1440 N 900 W, Mapleton, UT 84664
Security Home Mortgage
576 South State, Orem, UT 84058
Creekside Mortgage
1982 W Pleasant Grove Blvd, Ste H, Pleasant Grove, UT 84062
Low VA Rates
384 S 400 W, Ste. 100, Lindon, UT 84042

Provo, UT Mortgage Refinance FAQs

  • What are some advantages of FHA streamline refinance loans in Provo?

    An FHA streamline refinancing loan allows borrowers in Provo with existing FHA mortgages to refinance their mortgages with fewer requirements, such as not having to submit a debt-to-income ratio calculation, income qualification, or home appraisal. As a result, the time it takes to go from applying for an FHA streamline refinance to closing could be as little as three weeks. This refinancing option also has a low credit score threshold of 500.

  • What is the seasoning requirement for FHA streamline refinance loan in Provo?

    Seasoning requirements for FHA-streamlined refinancing loans in Provo are as follows:

    • Borrowers must wait at least six months after the first payment due date on the existing FHA loan. 
    • Borrowers must have made at least six monthly mortgage payments. 
    • Borrowers must ensure that at least 210 days have passed since the closing date of the current FHA loan before applying for a refinance loan.
  • Can you avoid paying for private mortgage insurance through mortgage refinance in Provo?

    Yes. If you refinance your mortgage in Provo and increase your equity to at least 20%, corresponding to an 80% loan-to-value ratio, the private mortgage insurance cost imposed on your loan amount may be removed. Lenders are required by law to terminate PMI when your equity reaches 22% or your loan-to-value ratio falls below 78%.

  • How can refinancing affect your credit score in Provo?

    A mortgage refinance in Provo will appear on your credit report as a hard inquiry. Every hard credit inquiry reduces your credit score by a few points. Taking out a new loan to pay off an existing one will also lower your credit score. Overall, a minor drop in credit score is frequently outweighed by the potential savings from refinancing a mortgage. Responsible actions, such as timely bill payment, can help you improve your ratings.

  • How long must you stay in a home to it fully recoup the refinancing expenses in a mortgage in Provo?

    To determine the number of months you must stay in a home before recouping your refinancing costs: You can divide the total loan costs by the potential savings from the new monthly payments. The formula also determines the time required to reap the full benefits of the refinance loan in Provo.