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Best Mortgage Refinance Companies in Waukegan

2024

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Providers

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Website
2057 Green Bay Road, Highland Park, IL 60035
  • Reverse Mortgages
  • New Construction

Why choose this provider?

The Mindful Mortgage Team offers various financial solutions for borrowers in Waukegan. It has refinancing options for homeowners who want to reduce their monthly payments or those eyeing to pay off outstanding debts. The team serves those seeking FHA, VA, first-time homebuyers, and fixed-rate loans. It also has special programs for doctors and residents, as well as those seeking low down payment options. Mindful Mortgage was established by David Goldhirsh, who has been in the industry for more than 20 years.

License Verified:

License: 227765

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.
4.7
Google
4.7 / 5 (49)

Website
150 E. Cook Ave., Libertyville, IL 60048
  • New Construction

Why choose this provider?

Matt Brua serves residents of Waukegan who are in the market for mortgages and refinancing. He is a branch manager serving under the Fairway Independent Mortgage Corporation, restructuring existing obligations into more manageable forms with less onerous provisions. Loan options are available for new buyers and renovators. The office also has educational modules on hand to educate first-time purchasers, current owners, and real estate agents on the finer points of the lending industry. Matt has been a mortgage advisor for over 25 years.

License Verified:

License: 326044

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 (299)

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

Website
1020 Milwaukee Ave., Deerfield, IL 60015
  • New Construction

Why choose this provider?

Infiniti Financial Group, Inc., is a mortgage brokerage that serves homeowners in Waukegan and the neighboring locations. It offers customers mortgage programs, including refinancing options and home purchase financing. Its team of mortgage brokers has experience using comparative analysis software to research and compare loan programs. When helping customers choose home loans, they take into consideration their history, finances, and needs. Infiniti Financial Group has been helping clients with their mortgage refinancing needs for more than 10 years.

License Verified:

License: 231718

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 (17)
Facebook
5.0 / 5 (11)
Yelp
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
Friendliness
Helpfulness
Detail

Website
495 N Riverside Dr Ste 206, Gurnee, IL 60031
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Mike Vrba is a loan officer who delivers home purchasing and refinancing solutions to residents in the area of Waukegan. He focuses on assessing the financial situation to determine the impact of the loan on his clients' debts and investments. He conducts face-to-face planning sessions that educate and guide customers on how mortgages can help improve their wealth and liquidity. With over 10 years of industry experience, Mike has gained access to more than 30 mortgage companies that offer choices for various rates.

License Verified:

License: 217561

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 (3)

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

Website
419 Center St Suite A, Grayslake, IL 60030
  • New Construction

Why choose this provider?

Jim Strachan Mortgage Team serves Waukegan homeowners and buyers. It offers an array of mortgage options to meet different needs, including refinancing, VA, USDA, and FHA loans. The team caters to a varied clientele, from first-time homebuyers to refinancers seeking to cash out funds for a home renovation. Jim has been in the mortgage industry since 1997. Jim and his team use their experience as well as current mortgage tools to find the loan that suits the client's needs.

License Verified:

License: 527232

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 (41)
Yelp
5.0 / 5 (4)

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
533 N. Milwaukee Ave., Libertyville, IL 60048
  • Reverse Mortgages

Why choose this provider?

Diamond Residential Mortgage Corporation assists Waukegan clients throughout the loan process, helping those seeking to refinance their outstanding loans. Its team provides different loan programs, such as ARM, conforming, conventional, FHA, jumbo, and VA options. Whether for purchasing dream homes or consolidating debts, the mortgage broker offers solutions tailored to clients’ financing needs. It streamlines the mortgage process by striving to pre-approve borrowers within an hour. The company operates in the states of Illinois, Florida, and Wisconsin.

License Verified:

License: 186805

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
4.9 / 5 (68)
Facebook
4.9 / 5 (67)
Yelp
5.0 / 5 (3)

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

Website
378 Park Avenue, Unit 2E, Glencoe, IL 60022
  • Reverse Mortgages

Why choose this provider?

Bander Mortgage serves individuals and families in and around the Waukegan metro. Its mortgage officers aim to walk clients through the refinancing process quickly, efficiently, and confidently by offering a wide selection of loan products and helping them compare interest rates and terms. The Shining Star Hero Program is one of the ways the company serves the community. It offers incentives to local heroes, including doctors, teachers, police officers, and military personnel, so that they may buy or refinance a property at a reduced rate.

License Verified:

License: 1707065

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 (13)

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
111 Barclay Boulevard, Suite 205, Lincolnshire, IL 60069
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Homz Mortgage caters to clients in Waukegan who need to refinance debts or obtain new purchase loans. It swaps burdensome current obligations for alternatives with more generous terms and conditions. The team has lending options tailored to buyers of single-family homes, multi-unit buildings, and condominium assets across two states. Homz Mortgage's managing partner, Eric M. Goldstein, is a veteran of the banking sector and has worked for known names such as Citigroup and Bank of America.

License Verified:

License: 2090634

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 (50)

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1000 Skokie Blvd Suite 570, Wilmette, IL 60091
  • Reverse Mortgages

Why choose this provider?

Dimension Mortgage Corp. serves Waukegan clients. The company helps both first-time and experienced homebuyers compare mortgage options on the market, such as fixed-rate, ARM, conforming, Jumbo or Super Jumbo, and government loans like FHA and VA. Its mortgage brokers also educate clients on the differences between refinancing programs, which allow them to reduce monthly payments, shorten loan terms, and consolidate debt. The company works to close loans quickly by assisting clients in overcoming mortgage challenges and providing the most practical deal on the market.

License Verified:

License: 803635

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
Google
4.5 / 5 (34)
Facebook
5.0 / 5 (19)
Yelp
4.5 / 5 (13)

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

Website
1311 S. Route 59, Naperville, IL 60564
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Andrey Puzanov, a loan officer at Movement Mortgage, assists clients looking to buy, refinance, or build their homes in Waukegan and the neighboring metros. His mortgage refinancing options, such as streamline and cash-out refinance, help those with existing mortgages lower their monthly payments, get a better term, or take out cash from equity. Other loan programs like conventional, jumbo, FHA, VA, USDA, and new construction are also available for first-time homebuyers. Puzanov assists clients in every step of the mortgage process, from pre-approval to closing.

License Verified:

License: 1974195

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

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

Website
510 W. Northwest Highway, Mount Prospect, IL 60056
  • Reverse Mortgages

Why choose this provider?

The Mortgage Marketplace assists Waukegan residents who want to finance a new home or refinance an existing loan. Its team provides home refinancing for single and multi-family homes, townhomes, condominiums, and prefabricated homes. In addition, the group provides various loan options for new house buyers. Adjustable-rate mortgages are loans with variable interest rates that alter over the life of the loan. Additional mortgage products offered by the company include fixed-rate, graduated payment, and interest-only loans.

License Verified:

License: 893511

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
4.9 / 5 (68)
Yelp
5.0 / 5 (17)

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

Website
800 E Northwest Hwy, Suite 718,, Palatine, IL 60074
  • New Construction

Why choose this provider?

Flagship Lending is a mortgage venture serving Waukegan real estate partners, homeowners, and first-time homebuyers with loans and refinancing needs. Through refinance, clients can save on their current mortgage based on a lower interest rate. The company also offers loans for investment properties in the forms of commercial real estate and residential mortgage according to property characteristics and borrower type. Principal loan officer Yan Guo started in the industry in 2017 as a mortgage loan processor before becoming a licensed mortgage loan originator.

License Verified:

License: 1911662

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
4.0 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
421 N. Northwest Hwy, Suite 16, Barrington, IL 60010
  • Reverse Mortgages

Why choose this provider?

AmeriFinancial Home Mortgage, Inc., assists individuals and families in the Waukegan area in achieving their financial goals. It guides clients through the whole refinance process so that they can reduce the interest rates on their mortgages, lower monthly payments, consolidate debts, and cash out equity for home improvements. It also discusses the pros and cons of various loan programs for purchasing single-family homes, condominiums, townhouses, or multi-family units. AmeriFinancial Home Mortgage collaborates with more than 100 different investors.

License Verified:

License: 280587

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 (32)

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

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.
  • Do borrowers in Waukegan need pay closing costs to refinance a mortgage?

    Yes, Waukegan borrowers must cover the closing expenses when replacing or refinancing a mortgage. The typical closing costs in Illinois are significantly lower than the national average. According to a 2021 analysis by ClosingCorp, the majority of the time, the average closing expenses were roughly $1,955 with taxes and $1,374 without taxes.

  • What effects does a refinance mortgage in Waukegan have on a person's credit score?

    Opting for a refinance in Waukegan might temporarily lower the borrower's credit score. When lenders run a credit-checking hard inquiry during refinancing, the borrower's score may reduce by roughly 5 points, unless confined within a 2-week window. Thus, grasping credit dynamics and strategically timing inquiries can notably impact refinancing outcomes.

  • What extra expenses will be included in the refinance closing costs in Waukegan?

    Additional expenses associated with closing costs for mortgage refinancing in Waukegan encompass:

    • Appraisal cost.
    • Application expenses.
    • Homeowners' and title insurance.
    • Title search fee.
    • Origination fee.
    • Home inspection cost.
    • Survey fee.
    • Recording cost.
    • Attorney fee. Ascertaining these prospective costs proves vital when evaluating the prospect of mortgage refinancing, as their cumulative impact contributes significantly to the overall expenses associated with the process.
  • What happens if the borrower in Waukegan does not have enough cash on hand to cover the entire cost of refinancing a mortgage?

    If borrowers in Waukegan are short on funds, they may want to consider refinance with no closing costs. With a no-closing-cost refinance, the existing mortgage can be replaced with a new one without paying any upfront costs. However, a no-closing-cost refinance is not entirely free because the lender would either charge the borrower a higher interest rate or add the closing expenses to the new loan sum.

  • Can residents of Waukegan negotiate a refinance mortgage closing cost?

    Waukegan residents have the option of negotiating a better deal for the refinancing expenses they need to cover. Particularly, lender might lower or eliminate some charges like application or origination fees. Additionally, since appraisals are no longer the standard choice, the borrower might be able to request an appraisal waiver or select a less expensive method of value.

  • 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.