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Best Mortgage Refinance Companies in Chicago

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2023
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Anderson Financial Group, Inc. logo
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License Verified:

License: 135321

Nationwide Multistate Licensing System and Registry

Anderson Financial Group, Inc.

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2421 North Ashland Avenue, Chicago, IL 60614
  • Reverse Mortgages
  • NMLS #: 39166

Business Description

Anderson Financial Group, Inc. is a mortgage refinancing company serving clients in Chicago and the nearby areas since 1998. It provides various loan programs, including graduated payment, interest-only, fixed and adjustable-rate, and reverse mortgages. It conducts its business practices with the highest standards set by the FNMA and GNMA. The firm utilizes cutting-edge technology to provide a smooth and easy application. Founder Mike Anderson is an experienced loan originator who became a top producer in the new construction financing field.

License Verified:

License: 135321

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.
4.5
Yelp
4.5 / 5 (12)

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
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Compass Mortgage Inc. - Chicago logo
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License Verified:

License: 21808

Nationwide Multistate Licensing System and Registry

Compass Mortgage Inc. - Chicago

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954 West Washington Boulevard, Chicago, IL 60607
  • Reverse Mortgages
  • NMLS #: 39166

Business Description

Compass Mortgage Inc. is a Chicagoland-based company that serves residents with comprehensive mortgage services. The mortgage officials on staff help clients benefit from low interest rates and extend or shorten loan terms by refinancing their mortgages. Compass Mortgage Inc. also assists individuals in buying a second or vacation home, upsizing or downsizing their property, renovating homes, and building new dwellings. They highly value providing the best mortgage experience in the industry, working with diligent care to make sure each person has the right loan for their individual circumstances.

License Verified:

License: 21808

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
Yelp
5.0 / 5 (9)

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
––
Corbin Mettler logo
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License Verified:

License: 223014

Nationwide Multistate Licensing System and Registry

Corbin Mettler

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190 S La Salle St 6th Floor, Chicago, IL 60603
  • New Construction

Business Description

Corbin Mettler is a mortgage loan officer who helps residents of Chicago and the surrounding metros with their home financing needs. He offers an assortment of refinance and mortgage loan packages, including conventional fixed-rate, adjustable-rate, FHA, VA, and jumbo mortgage. He also provides assistance in any part of the home buying process and responds to queries such as the type of mortgage that best suits a client’s needs. Corbin Mettler works for US Bank.

License Verified:

License: 223014

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 (72)
Corby Mortgage logo
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License Verified:

License: 215685

Nationwide Multistate Licensing System and Registry

Corby Mortgage

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2409 W 104th St., Chicago, IL 60655
  • Multi-Family Loans

Business Description

Corby Mortgage Services, Inc., has been serving Chicago clients and those in nearby metros since 1999. Its staff assists homeowners looking to refinance their residences at lower rates to pay off higher-interest debts. With an annual loan volume average of $200 million, it offers residential mortgages through the company's referrals from attorneys, financial planners, and real estate professionals. It educates individuals on its selection of available options such as fixed and adjustable-rate mortgages, as well as FHA, jumbo, and VA loans.

License Verified:

License: 215685

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 (173)

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
First Centennial Mortgage - Chicago logo
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License Verified:

License: 132763

Nationwide Multistate Licensing System and Registry

First Centennial Mortgage - Chicago

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2058 West Belmont Avenue, Chicago, IL 60618
  • Reverse Mortgages
  • NMLS #: 39166

Business Description

First Centennial Mortgage has offered mortgage products and services in Chicago since 1995. The mortgage refinance lenders in Chicago help clients choose suitable loan programs to enable them purchase new homes, consolidate debt, and refinance outstanding loans. The firm provides conventional, jumbo, FHA, VA, USDA, and renovation loans. It also offers fixed- and adjustable-rate mortgages with repayment periods of five, seven, 10, 15, or 30 years. First Centennial Mortgage is a member of the Mortgage Bankers Association.

License Verified:

License: 132763

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 (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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Golden Oak Lending logo
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License Verified:

License: 114937

Nationwide Multistate Licensing System and Registry

Golden Oak Lending

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Chicago, IL 60605
  • Reverse Mortgages
  • NMLS #: 39166

Business Description

Golden Oak Lending is a mortgage and real estate finance firm that specializes in mortgage refinancing options for clients in the Chicago metro. The company is composed of NMLS certified loan officers committed to providing personalized mortgage strategies that fit the clients' needs. It has extensive experience helping clients reduce their mortgage rates and shorten their mortgage terms. It also offers programs that help consolidate debt, refinance for home improvements, and convert adjustable rates into fixed rates.

License Verified:

License: 114937

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
Yelp
5.0 / 5 (22)

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
––
Michael Reimen logo

License Verified:

License: 906096

Nationwide Multistate Licensing System and Registry

Michael Reimen

1551 N Kingsbury Street, Chicago, IL 60642
  • Multi-Family Loans

Business Description

Michael Reimen is a senior home lending advisor with over 16 years of experience in mortgage refinancing. His service areas include Chicago and nearby cities where he reviews the finances of his clients and gives them coverage options that suits their budget and needs. His mortgage products include conventional, jumbo, dreaMaker, FHA, and VA loans. Clients can access the Chase MyHomeSM dashboard to check and upload their documents, view their loan status, and reach out to the communication team.

License Verified:

License: 906096

Nationwide Multistate Licensing System and Registry

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
Mike Del Preto logo

License Verified:

License: 230942

Nationwide Multistate Licensing System and Registry

Mike Del Preto

415 N. LaSalle Street Suite 402, Chicago, IL 60654
  • Jumbo Loans
  • First Time Home Buyers
  • Education

Business Description

Mike Del Preto is a Chicago-based senior mortgage advisor affiliated with Fairway Independent Mortgage Corporation. He walks clients through each step of any mortgage refinancing process, from comparing current mortgage rates to explaining all possible refinancing options in detail. He also provides a variety of options, such as VA, FHA, and jumbo loan services. Del Preto has more than 16 years of experience in the industry and has helped clients by obtaining pre-approval letters for their mortgage plans.

License Verified:

License: 230942

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 (203)
Yelp
5.0 / 5 (44)

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
Neighborhood Loans logo
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License Verified:

License: 222982

Nationwide Multistate Licensing System and Registry

Neighborhood Loans

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1333 Butterfield Rd Suite 600, Downers Grove, IL 60515
  • Reverse Mortgages

Business Description

Neighborhood Loans is a team of mortgage advisors that assists home buyers and owners in Chicago and the surrounding areas. They provide guidance in the mortgage refinancing process, whether clients are looking to lower monthly payments, eliminate mortgage insurance, switch to a fixed-rate loan, or take cash out from home equity. They also help clients apply for different loans, ranging from conventional, adjustable-rate, and jumbo mortgages to VA, FHA, and USDA loans. Neighborhood Loans consults and educates customers on the value of homeownership.

License Verified:

License: 222982

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.
4.6

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
––
Neo Home Loans logo
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License Verified:

License: 222644

Nationwide Multistate Licensing System and Registry

Neo Home Loans

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1 Mid America Plaza #800, Oakbrook Terrace, IL 60181
  • New Construction

Business Description

Neo Home Loans serves home buyers and homeowners in the Chicago metro. The company offers a variety of home loan and refinancing options to fit different client profiles, including FHA, VA, jumbo, 203(k), and HARP loans. It assists homeowners looking to refinance their properties by finding loan options that fit their specific criteria. The company works to make the process more convenient by using tools that let clients easily compare mortgage terms and interest rates between multiple loan choices.

License Verified:

License: 222644

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 (91)
Facebook
5.0 / 5 (9)

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
Network Mortgage logo
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License Verified:

License: 186422

Nationwide Multistate Licensing System and Registry

Network Mortgage

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3516 North Ashland Ave, Unit C, Chicago, IL 60657
  • New Construction

Business Description

Network Mortgage is a locally owned company that has been serving clients in Chicago for over twenty years. It provides loan origination, processing, and closing services. Its offers fixed-rate and adjustable-rate mortgages, as well as VA, commercial, jumbo, and HELOCs. Its agents assist in refinancing properties to get lower interest rates or cash out to obtain money. Network Mortgage is headed by Juan F. Lopez, who has earned the National Association of Mortgage Brokers' Lending Integrity Seal.

License Verified:

License: 186422

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 (38)
Yelp
5.0 / 5 (15)
Facebook
5.0 / 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
Helpfulness
Detail
Police Mortgage logo
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License Verified:

License: 268815

Nationwide Multistate Licensing System and Registry

Police Mortgage

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100 W. Randolph, 9th Floor, Chicago, IL 60601
  • New Construction

Business Description

Police Mortgage is a company that caters to customers in Chicago and its neighboring areas. It offers home refinancing loans to clients to help them achieve their financial goals. It has strategies to lower monthly payments, make loan terms shorter, acquire fixed rates, consolidate debt, and access equity. The company also provides loans for buyers of new homes. The CEO and owner, John Aretos, has been in the industry for more than 23 years.

License Verified:

License: 268815

Nationwide Multistate Licensing System and Registry

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.