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Best Mortgage Refinance Companies in Boise

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1st Choice Mortgage Company logo
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License Verified:

License: 380736

Nationwide Multistate Licensing System and Registry

1st Choice Mortgage Company

3023 East Copper Point Drive, Meridian, ID 83642
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  • Reverse Mortgages
  • NMLS #: 39166

Business Description

1st Choice Mortgage Company, LLC is a locally owned and operated finance agency with over 25 years of experience helping Boise homeowners reduce monthly payments and lower interest rates by refinancing their home loans. Its loan advisors and mortgage experts work with various types of financing, including Preferred Low MI, Preferred No MI, FHA, Rural Development, and conventional refinancing with down payment assistance for qualifying homeowners in all Idaho counties. 1st Choice Mortgage Company LLC also handles VA and USDA home loans. It can help clients with home buyer grants and first-time homebuyer mortgages, as well as down payment assistance.

License Verified:

License: 380736

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (44)
Yelp
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Evergreen Home Loans - Boise logo
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License: 3182

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Evergreen Home Loans - Boise

3515 East Overland Road, Meridian, ID 83642
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  • NMLS #: 39166

Business Description

Evergreen Home Loans, which is located in Boise, serves clients' different mortgage needs, covering refinancing. Its team of advisors provides a full range of solutions, including fixed-rate, adjustable-rate, VA, and FHA loan programs. The company has a mobile app that clients can use to submit refinancing applications, scan and upload requirements, and preview closing documents for up to three days before signing. Sam Newell, the firm's branch manager and senior loan officer, has been providing home financing assistance since 1999.

License Verified:

License: 3182

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
4.6 / 5 (76)
Yelp
4.5 / 5 (14)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
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First Mortgage Company logo
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First Mortgage Company

7670 Emerald Street, Boise, ID 83704
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  • Reverse Mortgages
  • NMLS #: 39166

Business Description

First Mortgage Company is an NMLS-certified mortgage brokerage that provides customized home financing and refinancing solutions to clients in the Boise metro and nearby areas. The company comprises mortgage loan officers who conduct home loan check-ups and evaluations to help craft strategies for lowering interest rates and tapping home equity. First Mortgage Company also provides conventional home loan programs such as construction perm loans, jumbo loans, government loans, community loans, and first-time homebuyer loans.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
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Detail
Hunter Creek Mortgage, Inc. logo
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License Verified:

License: 3696

Nationwide Multistate Licensing System and Registry

Hunter Creek Mortgage, Inc.

1243 East Iron Eagle Drive, Eagle, ID 83616
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  • NMLS #: 39166

Business Description

Hunter Creek Mortgage, Inc. is a mortgage refinance company that's been offering mortgage options for homeowners in Boise and throughout Idaho. The company's philosophy is that there's not just one solution that can resolve the financial woes of all its clients. In purchasing a home, replacing the terms of a current mortgage, or paying off outstanding debt, Hunter Creek utilizes its expertise in helping to find the most cost-effective and favorable loan programs  by leveraging its solid relationships with dedicated and ethical lenders.

License Verified:

License: 3696

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
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Detail
Mutual of Omaha Mortgage - Boise logo
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License: 1025894

Nationwide Multistate Licensing System and Registry

Mutual of Omaha Mortgage - Boise

250 Bobwhite Court, Boise, ID 83706
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  • NMLS #: 39166

Business Description

Mutual of Omaha Mortgage - Boise has been helping clients with their mortgage and refinancing needs since 1909. It provides FHA and VA refinancing loan options for homes and property investments, allowing clients to choose and compare the loans with their current and other loan types. The company also assists clients in finding the right lender for their home equity loans. In addition, its team of brokers explains and guides them throughout the process of documentation and application.

License Verified:

License: 1025894

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.7 / 5 (25)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Pacific Residential Mortgage - Meridian logo
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License Verified:

License: 1477

Nationwide Multistate Licensing System and Registry

Pacific Residential Mortgage - Meridian

2450 East Gala Street, Meridian, ID 83642
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  • NMLS #: 39166

Business Description

Pacific Residential Mortgage provides professional guidance for residential refinancers in Boise. The mortgage advisors at this company help in the selection of loan programs, which include FHA, USDA, and reverse mortgage. The company is led by Matt and Melissa Stashin, who have been working in the mortgage industry for over 20 years. With an emphasis on child and youth development, Pacific Residential Mortgage has extended social support to multiple community projects, including the Making Strides Against Breast Cancer movement and Bridge Meadows.

License Verified:

License: 1477

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
5.0 / 5 (90)
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Premier Mortgage Resources LLC - Meridian logo
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License Verified:

License: 1169

Nationwide Multistate Licensing System and Registry

Premier Mortgage Resources LLC - Meridian

3363 East Presidential Drive, Meridian, ID 83642
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  • NMLS #: 39166

Business Description

Premier Mortgage Resources LLC - Meridian is a mortgage refinance company that serves the residents of the Boise metro. The company specializes in mortgage refinance programs that allow clients to reduce monthly payments, tap into home equity, or consolidate debt. It also has refinancing options for shortening mortgage terms and reducing mortgage interest rates. Founded in 1991, Premier Mortgage Resources consists of over 120 NMLS-certified loan officers proficient in handling applications for conventional, government, and specialty loans.

License Verified:

License: 1169

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (33)
Google
4.8 / 5 (12)
Yelp
5.0 / 5 (6)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Summit Mortgage Corporation logo
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License Verified:

License: 1041

Nationwide Multistate Licensing System and Registry

Summit Mortgage Corporation

4700 North Cloverdale Road, Boise, ID 83713
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  • NMLS #: 39166

Business Description

Summit Mortgage Corporation is a lending company that has been servicing the Boise community since 1992. It assists clients throughout a wide range of mortgage programs including VA, FHA, jumbo, USDA, as well as refinancing. Its loan officers conduct an initial consultation to determine the needs of clients depending on their income, assets, debts, and credit. The company utilizes the Ascent App which allows clients to control their loan processes remotely, like requesting showings, completing a loan application, uploading documents, and receiving pre-approval.

License Verified:

License: 1041

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (42)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Back to Providers

Frequently Asked Questions

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 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.

How does mortgage refinance work?

The mortgage refinance process begins with choosing a broker and filling out loan application information. The process continues through underwriting and closing. The new mortgage is then used to pay off and close your original mortgage loan. This leaves you with a new loan and mortgage payment to manage each month.

When should you refinance a mortgage?

If your credit score has improved or mortgage interest rates have dropped, refinancing can potentially save you money. Other reasons to refinance your mortgage include getting a fixed rate instead of an adjustable one or getting a shorter loan term. An increase in your home’s value that can let you access more equity is another reason to refinance.

How much does it cost to refinance a mortgage?

The average cost to refinance a mortgage is $5,000. This amount varies, based on the state and county where the property is located and the loan amount. Common fees incurred when refinancing a mortgage include:

  • Appraisal fee
  • Broker’s fee
  • Credit check fee
  • Loan application fee
  • Recording fee
  • Title search and insurance fee

How soon can you refinance a mortgage?

Some lenders make borrowers wait a minimum of six months before accepting a new mortgage refinancing application. However, when that happens, borrowers can check with other lenders to find one that doesn’t require a wait before refinancing. A mortgage refinance broker can guide you to lenders that allow immediate refinancing.

How long does it take to refinance a mortgage?

The average amount of time it takes to refinance a mortgage is 45 days. In some cases, it may be possible to get it done faster. There also may be times when it takes longer to get a mortgage refinanced.

What is the average closing cost to refinance a mortgage?

The average closing cost when refinancing a mortgage is $4,345. Closing costs may be much higher or lower depending on the amount of money borrowed. If you see an ad that says there are no closing costs, the costs are factored in elsewhere in the terms of the loan.

How often can you refinance a mortgage?

You can refinance a mortgage as often as you like, however, if you refinance frequently, it can cost more in fees than you save on interest. Some reasons for refinancing repeatedly include a sharp drop in interest rates or going through a life event, such as a divorce.

When is it worth it to refinance a mortgage?

It’s worth it to refinance when interest rates drop and refinancing will save you money. It also may be worth refinancing if you need to access some of your home’s equity to cover other expenses. Refinancing may be worthwhile if you're switching from a variable to a fixed rate mortgage.

Can you refinance a mortgage with no closing costs?

You can refinance a mortgage without paying closing costs at the time. However, those costs are still owed and are factored in elsewhere in the financing. Lenders either add the costs to the principal owed or increase the interest rate on your refinanced mortgage loan.

Can you refinance a home equity loan into a mortgage?

You can refinance a home equity loan into a mortgage in some situations. You have to have excellent credit to do this. Additionally, you must have enough equity in your home to qualify for a new mortgage that pays off the existing mortgage and your home equity loan.

Can you refinance a mortgage without a job?

In some situations, you can refinance your mortgage if you don't have a job. It depends on the lender, because some will allow it and others won’t. A qualified mortgage refinance broker can help connect you with lenders that consider your situation. You have to submit documentation about your unemployment and the income you have.

Can you refinance a mortgage with bad credit?

It’s possible to refinance a mortgage if you have bad credit. If your payment record with your current lender is good, you can discuss refinancing with that lender. You may also be able to refinance a mortgage by going through a government-backed lender, such as the USDA or FHA.

Can you refinance a second mortgage?

It’s possible to refinance a second mortgage. If your credit score improves or interest rates drop, refinancing a second mortgage may save you money. Either of these situations can provide a way for you to get a lower interest rate. Refinancing a second mortgage can also sometimes shorten your loan repayment period.

Can you refinance a first mortgage and not a second?

You can refinance your first mortgage and not the second one, but it can be difficult. You have to get the lender of your second mortgage to agree to the refinancing. The process is called resubordination, and some home equity lenders won’t agree. Additionally, lenders typically charge extra fees to resubordinate a loan.

How often should you refinance your mortgage?

There is no recommended frequency for refinancing a mortgage. How often you should refinance is determined by when it will save you money. If you can get better terms on your mortgage by refinancing, then it’s a good time to take action.

What should you expect when refinancing a mortgage?

When refinancing a mortgage, expect to answer a lot of questions and provide documentation to back up your answers. You'll may also pay fees and closing costs of around $5,000. Additionally, expect to start over in terms of building home equity, because refinancing takes the amortization process back to the beginning.

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