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Best Mortgage Refinance Companies in Evansville

2024

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Providers

Last updated:

Website
501 N. Cross Pointe Blvd, Evansville, IN 47715
  • Multi-Family Loans

Why choose this provider?

Mortgage Masters of Indiana serves Evansville. It offers clients assistance with refinancing matters to help them manage existing loans and lower interest rates. The staff also aids them in other loan programs, such as FHA, USDA, VA, 203(k), and jumbo. Additionally, it helps senior citizens navigate reverse mortgages. A client praises one of its agents for being there every step of the way, even on nights and weekends, until their loan was approved. Its president, Shannon Curry Bartnick, has been in the mortgage industry since 1995.

License Verified:

License: 126673

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
Facebook
4.9 / 5 (101)
Google
4.9 / 5 (65)
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
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Website
1137 W. Mill Rd., Evansville, IN 47710
  • Reverse Mortgages

Why choose this provider?

Clint Bender of Fairway Independent Mortage Corporation is a home loan broker in Evansville. He has served in the financial industry for 15 years and also has over 10 years of experience as a mortgage banker. Clint and his team of loan professionals assist home buyers who need help with new property purchases and refinancing. He also provides mortgage solutions to all types of home buyers and company owners, including first-time buyers and individuals with fixed income.

License Verified:

License: 17313

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.
4.4

Website
501 N Cross Pointe Blvd, Evansville, IN 47715
  • New Construction

Why choose this provider?

Lisa Gail Parsons is an Evansville-based mortgage professional catering to the refinancing goals of borrowers in the community. She walks homeowners through the refinancing process, starting from consultation and application to approval and closing. She creates strategies to streamline the refinancing process, take the hassle out of clients, and find solutions that fit their individual needs. Lisa is a team member of Mortgage Masters of Indiana and has been a resident of the metro since 1993.

License Verified:

License: 135820

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
Facebook
4.9 / 5 (37)
Google
5.0 / 5 (2)

Website
4600 Washington Ave., Evansville, IN 47714
  • Reverse Mortgages

Why choose this provider?

With an array of refinancing products, TRH Mortgage caters to the refinancing needs of residents in Evansville and the surrounding communities. It serves individuals who want to pay off existing loans, reduce interest rates, or modify mortgage length. It starts by providing an analysis tool that calculates mortgage rates and payments. Its expert brokers then deliver various options that correspond to the client's unique circumstance and help them make informed decisions by comparing interest rates and terms.

License Verified:

License: 1697022

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.
4.4
Google
4.5 / 5 (31)
Facebook
4.5 / 5 (27)

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
3100 W Ray Rd Ste 201, Office 209, Evansville, IN 85226
  • Reverse Mortgages

Why choose this provider?

Jeffrey Jones is a loan officer under NEXA Mortgage who assists first-time and repeat homebuyers in Evansville. He offers refinancing loans and provides strategies on how clients can maximize mortgages. Fixed and adjustable rates, conforming, jumbo, and FHA, VA, and USDA loans are also provided. The agent explains the differences between each program, helping clients make informed decisions. Jones has been in the industry for over 13 years, believing that he can make a difference in people's lives through mortgage lending.

License Verified:

License: 12120

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
1420 N Weinbach Ave, Evansville, IN 47711
  • New Construction

Why choose this provider?

Heritage United Mortgage Services is based in Evansville. It provides refinance assistance to homeowners in and around the community. Its staff reviews customers’ financial outlooks, lays out loan options, and walks them through the mortgage application and approval processes. DU Refi Plus is offered by the company for existing conventional loans. Programs designed for rural residents, doctors in training, and veterans are also available. Heritage United offers a mobile app, Mortgage Express, that includes loan status tracking and communication features.

License Verified:

License: 2334

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)

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.
4.8
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.
  • When is it advisable to refinance in Evansville?

    You might consider refinancing your mortgage in Evansville if you are in one of these situations:

    • You've built enough home equity to eliminate MIP or PMI costs through refinancing.
    • You need to lower your monthly payments due to reduced income.
    • Loan consolidation is desired.
    • Transitioning from an adjustable to a fixed rate for stability is your goal.
    • Refinancing is prompted by unexpected early moving and the desire to switch to an adjustable-rate mortgage's initial rate for cost savings.
    • Cash-out refinance for home improvements is needed.
  • What is the waiting period for refinancing after a purchase transaction in Evansville?

    Typically, it's advisable to wait 8 to 12 months for refinancing after a purchase transaction, although exceptions can exist. When submitting your initial application, it's vital to verify the potential penalties for early refinancing with your Evansville lender. The cost aspect of refinancing also matters. Opting for a discount point for a lower rate now could save costs if you're keeping an eye on the market and plan to lock in a lower rate in the near future.

  • What is the process for home refinancing in Evansville?

    Home refinancing in Evansville involves several steps:

    • Applying and providing documentation: Your lender assesses your financial details to determine eligible rates and terms.
    • Conducting an appraisal: An appraisal gauges your home's value using neighborhood comparisons and appearance.
    • Undergo underwriting: Your information is verified, and loan approval is decided. Upon meeting conditions, closing can proceed.
    • Closing and receiving funds: You'll review and sign papers. After closing, the title company resolves your prior loan. Funds usually arrive within three days for cash-out refinancing.
  • What types of documents are required for a refinance in Evansville?

    The standard documents required for an Evansville refinance include details about your assets, like bank or investment account statements from the past 60 days; existing loans, such as your latest mortgage statement and homeowners insurance declaration; and income information, such as pay stubs from the last 30 days and W-2s from the previous two years.

  • Is is true that refinancing in Evansville should only be taken into account if you can reduce your rate by at least 0.5%?

    Since there are several reasons to refinance in Evansville, there is no universal refinancing guideline. While shifting from an adjustable rate to a fixed one might increase your rate and payment, it offers stability over time. Debt consolidation may elevate your loan amount and monthly payment, yet lower overall expenses by reducing or eliminating credit card and recurring payments. Additionally, no-cost and low-cost refinancing options exist to decrease payments. Seek a mortgage expert's advice to determine if refinancing suits you.

  • 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.