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Best Mortgage Refinance Companies in Indianapolis

2023

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Website
650 East Carmel Drive Suite 135, Carmel, IN 46032
  • Fixed-Rate Mortgages
  • Residential
  • Conforming Loans
  • Construction Financing
  • Reverse Mortgages

Why choose this provider?

Thrive Mortgage addresses the real estate needs of individuals and families in Indianapolis. It provides refinancing solutions to enable clients to achieve their dream homeownership. The agency helps buyers create strategies on how they can lower their interest rates, change loan terms, and consolidate other debts. It also processes a selection of mortgage products, such as conforming, construction, balloon, and adjustable-rate loans. The company's mortgage professional, Jae Tolliver, has been in the industry for over two decades.

License Verified:

License: NMLS ID: 505611

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 (21)

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

Price: Call for quote

848-BookPro
Indianapolis, IN

Why choose this provider?

Need help contacting a Mortgage Refinance Company in Indianapolis? 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.

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

Price: Free booking service | Call 848.Book.Pro!

Website
8310 Allison Pointe Boulevard, Indianapolis, IN 46250
  • Multi-Family Loans
  • Alternative Income Documentation Loans

Why choose this provider?

Cherry Creek Mortgage, LLC, is a privately owned and operated mortgage refinance company in Indianapolis. The company offers assistance to acquire conventional, jumbo, low down payment, Veterans Affairs, and FHA loans. Its team of mortgage professionals utilizes up-to-date strategies and ideas to help clients acquire a loan. It also assists clients who want to purchase a new house. Cherry Creek Mortgage has been providing services to clients since 1987. It is also licensed to operate in over 30 states.

License Verified:

License: 3001

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
Facebook
4.0 / 5 (92)

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
8445 Keystone Crossing, Indianapolis, IN 46240
  • Reverse Mortgages

Why choose this provider?

Grandview Lending, Inc., is a mortgage refinance company that serves residents in Indianapolis and its surrounding areas. The company guides clients in choosing the right mortgage loans with the best interest rates. Its team of loan specialists handles various loan options including fixed rate, adjustable rate, and reverse mortgage. Programs for renovation, debt consolidation, and first-time homebuyers are also available. The company is led by Mike Farrell, who has been working in the industry since 1998.

License Verified:

License: 124728

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 (340)
Facebook
3.0 / 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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
250 East 96th Street, Indianapolis, IN 46240
  • New Construction

Why choose this provider?

Langdon Mortgage in Indianapolis has been providing residential, lending, and finance services to its clients since 1994. Among its services are lending for house purchases, mortgage brokerage, Veteran Affairs - Federal Housing Administration (VA FHA) mortgages, and financial consultancy. The company also provides financing for condominium mortgages with the help of its condominium developer partners. Langdon Mortgage's team of consultant deal-closers and office administrators is lead by company president, Greg Langdon.

License Verified:

License: 133817

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
5.0 / 5 (51)
Facebook
4.7 / 5 (19)

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
865 West Carmel Drive, Carmel, IN 46032
  • New Construction

Why choose this provider?

Atlantic Mortgage Inc. is a mortgage brokerage firm that has offered home loans to customers in the Indianapolis area since July 2004. Its brokers use their experience to address Realtors', custom builders', and homebuyers' lending needs. They help with pricing for purchase, cash-out refinancing, rate and term refinancing, debt consolidation, and permanent mortgage loans. The staff also advises clients on the different types of mortgages, offering 30-year and 15-year fixed-rate, hybrid ARM, and adjustable-rate mortgages.

License Verified:

License: 156289

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.
3.9
Google
3.4 / 5 (7)
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
9800 Crosspoint Boulevard, Indianapolis, IN 46256
  • Reverse Mortgages

Why choose this provider?

1st Signature Lending LLC is a locally-owned mortgage bank established in 2002. Assisting clients in their lending needs, it offers a variety of home loans for homeowners and buyers in Indianapolis. Particularly, it caters to clients planning to reduce their interest rates or shorten their loan terms by refinancing their current houses. It also extends FHA, VA, and USDA loans in addition to conventional loan programs. 1st Signature Lending strives to provide personalized services distinct from large banks.

License Verified:

License: 27820

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 (210)
Yelp
2.5 / 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
12900 N Meridian St Ste 100, Carmel, IN 46032
  • Reverse Mortgages

Why choose this provider?

Keaghan Will has been assisting his Indianapolis-based clients through mortgage lending since 1996. Working with Mid America Mortgage, Inc., he offers loan options for first-time home buyers and clients with low credit scores. Will also provides conventional loans, FHA loans, USDA home loans, VA loans, and jumbo loans. In addition, he collaborates with clients who are interested in financing condominium units and rental properties, including home buyers who purchased a new home that needs further rehabilitation and renovation.

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
8610 East 106th Street, Fishers, IN 46037
  • New Construction

Why choose this provider?

AmeriFirst Home Mortgage is a mortgage refinancing company serving Indianapolis and surrounding areas since 1983. Founded by David Gahm and Mark Jones, the company's more than 250 loan consultants share their knowledge with clients looking for ways to own a residential property or refinance their mortgage. These programs include conventional loans, Federal Housing Administration loans, HomeStyle® Renovation loans, United States Department of Agriculture loans, and Veteran Affairs loans. AmeriFirst Home Mortgage aims to provide quality professional relationships with its clients.

License Verified:

License: 1538800

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 (10)

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
8001 South Meridian Street, Indianapolis, IN 46217
  • New Construction

Why choose this provider?

Chapman Mortgage is a company that has been providing mortgage refinancing services to Indianapolis for over 20 years. Its founder, Jim Chapman, is an NMLS licensed mortgage professional who guides his clients through the process of buying and selling real estate. In addition, the company offers other mortgage products, such as FHA, VA, and conventional loans. They also provide fixed-rate and adjustable-rate loans as options for clients whose financial goals match with these loan programs.

License Verified:

License: 113951

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 (46)

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
740 East Main Street, Whiteland, IN 46184
  • New Construction

Why choose this provider?

Bailey & Wood Financial Group is a mortgage company that has been providing financing solutions to clients in Indianapolis since 2007. Founder Mike Wood and his team of mortgage professionals educate clients on the home loan and refinancing process. They offer various home loan programs, including FHA, USDA, VA, conventional, jumbo, and doctors-only mortgages. Bailey & Wood Financial Group rolled out a Hometown Hero Program for educators and school employees, military members and veterans, and medical personnel.

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.
4.3
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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
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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.

  • What is a debt-to-income ratio in Indianapolis?

    Mortgage lenders in Indianapolis use a debt-to-income ratio to determine how much money can be used for the borrower's monthly mortgage payment after the discharge of their monthly debts. FHA loans require applicants to have a 29/41 debt-to-income ratio, while conventional mortgages mandate a 28/36 ratio. The first percentage may cover housing costs, including private mortgage insurance and homeowners' dues. On the other hand, the second ratio number is used for recurring debts in Indianapolis, like credit card payments and child support.

  • How much is the average down payment for mortgages in Indianapolis?

    The average down payment for a mortgage in Indianapolis varies depending on the type of loan applied for. FHA loans require a 3.5% down payment, whereas conventional loans require a 10% to 20% down payment to cover the upfront cost of the home. Applicants in Indianapolis must also pay $100 if they are HUD or FHA 100 qualified. If they do not pay these amounts, they will be required to pay a monthly bill for private mortgage insurance.

  • Why do people refinance their mortgages in Indianapolis?

    Residents of Indianapolis choose to refinance their mortgages in order to extend their loan terms from 15 to 30 years, reduce their monthly payments, and consolidate their debts. They are eligible to cash out their refinance based on their property's accumulated equity. Refinancing a mortgage can also help residents access their home equity line of credit funds, allowing them to borrow money without incurring additional interest charges.

  • What are the requirements to apply for a USDA loan in Indianapolis?

    Individuals in Indianapolis seeking a USDA loan must have a minimum income of $78,200 and be US citizens. A USDA loan applicant's property must be a primary residence, not exceed 2,000 square feet in size, and not have an in-ground swimming pool. A USDA loan in Indianapolis can be used to renovate an existing home, streamline a refinance, or construct a rural residence.

  • Who are not eligible to apply for an FHA loan in Indianapolis?

    Property owners near potential hazards, such as mining, high-voltage electrical wires, and high-pressure gas lines, are ineligible to apply for an FHA loan in Indianapolis. FHA financing is not available for properties that are not used as primary residences, are near or in flooded areas, or have compliance issues. FHA loans cannot be used in Indianapolis for properties that will be rented for less than 30 days, such as Airbnbs, bed and breakfast lodges, and condotels.

  • 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.

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