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Best Mortgage Refinance Companies in Norfolk, VA

Our Recommended Top 10

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 Norfolk 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.

132Reviewed

83Curated

10Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

4461 Cox Road, Glen Allen, VA 23060
WebsiteLicense: 67717

Expertise.com Rating

Review Sources

Zillow
5.0 (584)
Google
4.6 (293)
Facebook
4.5 (31)

Why choose this provider?

CapCenter is a mortgage firm serving clients in Norfolk. It works with homeowners seeking to refinance their current loans to modify monthly payments or reduce current rates. It offers refinancing programs to clients who wish to cash out from their equity. In addition, its team helps first-time homebuyers seek approval for FHA, VA, adjustable-rate, jumbo, and conventional mortgages. The company's president, Gary Piacentini, gained thorough understanding of the mortgage banking sector during his time as a counsel for mortgage divisions of banks. He started CapCenter in 1997 after serving as a lawyer for 20 years.

  • Realty Sell
  • Mortgage Refinance
  • Insurance
  • Purchase Mortgages
  • Realty Purchase

Norfolk, VA

Expertise.com Rating

Why choose this provider?

Need help contacting a Mortgage Refinance Company in Norfolk? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

1108 Eden Way North, Chesapeake, VA 23320
WebsiteLicense: 1114873

Expertise.com Rating

Review Sources

Google
5.0 (73)
Facebook
5.0 (27)

Why choose this provider?

Shikma Rubin caters to millennials in Norfolk and the surrounding areas. She offers them refinancing options, so they can change the terms of their current mortgages and settle new agreements for their principal and interest payments. VA and FHA streamline are available. Other loan options she provides include VHDA, which helps first-time homebuyers, and conventional, which requires a five percent down payment. Rubin educates clients by breaking down lengthy terms and conditions. Her writings have been featured on Inside Business and The Virginian-Pilot.

  • New Construction
  • Reverse Mortgages

4532 Bonney Rd., Virginia Beach, VA 23462
WebsiteLicense: 396369

Expertise.com Rating

Review Sources

Google
5.0 (5)

Why choose this provider?

For more than 50 years, Dragas Mortgage Company has helped Norfolk clients achieve homeownership, change mortgage terms, and get equity out of homes. Its loan officers help clients find the right loan program and guide them through the refinancing process of appraisal and submission of income and asset statements. The company also has a pre-qualification tool and mortgage calculator to educate clients about refinancing. Dragas Mortgage Company is headed by President Wayne Zubyk, who has over 35 years of industry experience.

  • Reverse Mortgages

468 Investors Place Suite 102, Virginia Beach, VA 23452
WebsiteLicense: 72902

Expertise.com Rating

Review Sources

Google
4.0 (4)

Why choose this provider?

Consumer Mortgage & Investment Corp. serves the needs of homeowners in Norfolk and the surrounding areas. In operation for more than 40 years, it helps clients shop for suitable mortgage plans that match their necessities. Clients looking for ways to pay for lower mortgage rates may avail of the company’s services mortgage refinancing assistance. It also has an online tool that allows customers to calculate possible rates for refinancing. The firm additionally offers FHA, FHA reverse, and VA mortgages.

200 Golden Oak Court, Suite 100, Virginia Beach, VA 23452
WebsiteLicense: 268005

Expertise.com Rating

Review Sources

Facebook
4.6 (163)
Google
5.0 (80)

Why choose this provider?

Eddie Holt is a senior loan officer that serves clients across Norfolk. He advises homeowners considering refinancing their properties to attain a range of goals, from lowered interest rates to decreased mortgage terms. Holt has experience helping individuals in qualifying for an interest rate reduction refinance loan from the VA. He also guides first-time homebuyers through the financing process and addresses their concerns involving down payment assistance programs. Holt has more than 25 years of experience in the mortgage industry.

  • Reverse Mortgages

517 Kempsville Rd, Suite I, Chesapeake, VA 23320
WebsiteLicense: 13008

Expertise.com Rating

Why choose this provider?

Team Lacey Mortgage provides services to Norfolk and the surrounding areas. It helps individuals refinance their mortgage loans to shorten their loan terms, obtain cash for home improvement, and reduce monthly payments. It also offers various mortgage types, such as FHA, USDA, conventional, and VA. Its team carries VHDA loans for individuals who haven't owned a residential property in the past three years. Its branch manager, Brian Lacey, has been serving in the mortgage industry for more than three decades.

  • Multi-Family Loans
  • New Construction

5040 Corporate Woods Drive Suite 101, Virginia Beach, VA 23462
WebsiteLicense: 1084044

Expertise.com Rating

Review Sources

Google
5.0 (80)

Why choose this provider?

Stephen Holland, a mortgage loan originator at AnnieMac Home Mortgage, serves members of the Norfolk community. He offers residential property owners planning to refinance their home mortgage solutions that will allow them to see reduced monthly payments. Stephen also educates clients with up-to-date mortgage information to help them make informed decisions and save money in the long run. Prospective first-time and repeat homebuyers can also turn to Stephen for assistance with conventional, VA, FHA, USDA, and Jumbo loan options.

  • New Construction

1545 Crossways Blvd., Suite 250, Chesapeake, VA 23320
WebsiteLicense: 1979521

Expertise.com Rating

Review Sources

Facebook
5.0 (55)
Google
5.0 (43)

Why choose this provider?

Vantage Point Mortgage accommodates residential clients in Norfolk. Its home refinance process helps homeowners find the right loan program for their situation by analyzing their needs and comparing the interest rates and terms of available offers. The company carries flexible plans, including jumbo, VA, FHA, and 203K loans, as well as mortgages with adjustable or fixed rates for 15- and 30-year periods. Vantage Point Mortgage takes an education-first approach by understanding and considering financial goals and wealth planning in its recommendations.

  • New Construction
  • Reverse Mortgages

Virginia Beach, VA 23450
WebsiteLicense: 181846

Expertise.com Rating

Review Sources

Google
5.0 (40)
Facebook
5.0 (5)

Why choose this provider?

Briggs Team Lending provides services to clients in Norfolk and the surrounding areas. It helps individuals refinance their existing mortgage loans to help reduce their interest rates and change their loan terms. It also guides clients in applying for jumbo, conventional, USDA, FHA, and VA loans to purchase homes without exceeding their financial goals or budget. Renovation and construction loan programs are also available. Briggs Team Lending brings more than four decades of experience in the industry.

  • Multi-Family Loans

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
CapCenter
4461 Cox Road, Glen Allen, VA 23060Free quote
Shikma Rubin
1108 Eden Way North, Chesapeake, VA 23320
Dragas Mortgage Company
4532 Bonney Rd., Virginia Beach, VA 23462
Consumer Mortgage & Investment Corp.
468 Investors Place Suite 102, Virginia Beach, VA 23452
Eddie Holt
200 Golden Oak Court, Suite 100, Virginia Beach, VA 23452
Team Lacey Mortgage
517 Kempsville Rd, Suite I, Chesapeake, VA 23320
Stephen Holland
5040 Corporate Woods Drive Suite 101, Virginia Beach, VA 23462
Vantage Point Mortgage
1545 Crossways Blvd., Suite 250, Chesapeake, VA 23320
Briggs Team Lending
Virginia Beach, VA 23450

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.
  • How far back do lenders check bank statements when you apply for refinancing in Norfolk?

    The most recent two months' bank statements are used. This is because earlier deposit accounts would be reflected in the person's credit report. There is an exception for self-employed people applying for refinancing in Norfolk who want to be approved based on their bank accounts rather than their tax returns. In this case, they must provide bank statements from the previous 12 or 24 months.

  • Is a HELOC refinance in Norfolk risky?

    The greatest risk of a HELOC loan is the possibility of losing your Norfolk home. This is because, in order to obtain this loan, you must pledge your home as collateral to the bank or lender. If you fail to make regular payments, your house may be seized. Another disadvantage of a HELOC refinance is that, due to variable interest rates, your monthly payments can rapidly increase or decrease depending on economic conditions. Additionally, because the credit line is similar to that of a credit card, a HELOC can lower your credit score.

  • Can you refinance a VA loan in Norfolk to buy a rental property?

    Yes, you can refinance a VA loan to a conventional loan in order to purchase a rental property in Norfolk. You cannot use your VA benefits to purchase a property that is not your primary residence. However, with a conventional loan, you can convert your current home into a rental property. Then you can use your VA benefits to purchase a new primary residence.

  • What is the average closing cost of refinancing in Norfolk?

    Closing costs typically range between 2% and 6% of the total loan amount. According to statistics, the average closing costs in the state are $3,230 with taxes and $2,167 without taxes. The closing cost in Norfolk is not just one fee; it may include taxes, loan origination fees, application fees, and title search and insurance costs.

  • How does the Norfolk Redevelopment Housing Authority (NHRA) help individuals and families with homeownership?

    Through the NHRA's HomeNet Homeownership Center, individuals and families can find grants, attend counseling programs, and get referrals to lenders. They can check available grants that can be an aid to their homeownership goals. Some of these are the Homeward Norfolk Program, Virginia Individual Development Accounts, and Sponsoring Partnerships and Revitalizing Communities. The NHRA can be reached by phone at 757-623-1111 or by its location at 555 E. Main St., Norfolk, Virginia 23510.

  • 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.