Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Lafayette

Our Recommended Top 6

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Lafayette Mortgage Refinance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

65Reviewed

41Curated

6Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
3639 Ambassador Caffery, Suite 302, Lafayette, LA 70503
  • Reverse Mortgages

Why choose this provider?

Executive Mortgage attends to the loan needs of residents in Lafayette and its surrounding areas. The company provides assistance for mortgage matters, such as home purchasing and home refinancing. Its five-person team directs clients toward the refinancing option that covers or addresses their current concerns best. The mortgage company also attends to clients that are still contemplating which type of loan to take, which may be conventional, rural development, or RA.

License Verified:

License: 119341

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 (2)

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
2000 Kaliste Saloom Rd., Lafayette, LA 70508
  • Reverse Mortgages

Why choose this provider?

Pamela Guillory is a Lafayette-based mortgage loan officer providing refinancing services to her clients. Working with First Horizon, she handles homeowners' refinancing needs which include clients' primary homes, vacation homes, and rental or investment properties. She provides clients with mortgage options with flexible terms and payment options to lower clients' interest rates and monthly payments. Since her industry experience started in 1986, she has been a volunteer teacher and supporter of the SMILE Community Action Agency.

License Verified:

License: 419418

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 (9)
Facebook
5.0 / 5 (7)

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
216 Rue Louis XIV, Lafayette, LA 70508

Why choose this provider?

PRMG Lafayette is an independently operated, full-service brokerage company that caters to individuals and families in the metro. It helps clients purchase or refinance their homes through a wide range of residential lending products and services. It offers Fannie Mae and Freddie Mac products such as Homestyle Renovation, HomeReady, and Home Possible loans. Other options it provides include jumbo, FHA, VA, and USDA loans. Branch Manager Keith Moncrieffe has more than two decades of industry experience.

License Verified:

License: 1434288

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.
4.8
Google
4.8 / 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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1215 Camellia Boulevard, Lafayette, LA 70508
  • Multi-Family Loans
  • Reverse Mortgages

Why choose this provider?

Assurance Financial Lafayette is an independent, full-service residential mortgage company. It has been serving clients in the metro since 2001. Its loan officers walk customers through the refinancing process, simplifying the procedure and supporting them in attaining their financial goals by lowering monthly payments, paying off mortgages quicker, consolidating debts, removing PMI, cashing out for expenditures, and finding more favorable loan terms. Assurance Financial Lafayette gives back to the community by supporting and donating to the fundraising efforts of St. Jude Children's Research Hospital.

License Verified:

License: 70876

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 (288)
Facebook
5.0 / 5 (76)
Yelp
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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3909 Ambassador Caffery Parkway, Lafayette, LA 70503
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Family First Mortgage caters to clients in Lafayette and the surrounding locales who need a variety of loan and refinancing options. These choices include products backed by the USDA, FHA, and VA. Conventional and jumbo home loans are available. The firm also refinances a customer's current obligations to obtain more manageable terms and conditions of payment. Military veteran Chris Chustz founded Family First Mortgage in 2004. He is joined by originator Jason Alexander, who has two decades of experience in the mortgage industry.

License Verified:

License: 110317

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
100 Asma Boulevard, Lafayette, LA 70508
  • Multi-Family Loans

Why choose this provider?

The Complete Mortgage Team organizes refinancing programs for homes, new constructions, and investment properties across Lafayette. Its loan officers handle various loan programs, including FHA, VA, USDA, Fannie Mae, and Freddie Mac. They also provide credit repair options to people dealing with collections, charge-offs, and delinquent and past-due accounts. Branch manager Ashley Renee Courville has been in the mortgage industry since 2008. She has been leading the all-female mortgage team since 2010, which completes over 150 purchase transactions yearly.

License Verified:

License: 671698

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

FAQs

  • 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 can Lafayette homeowners determine if refinancing is the right decision?

    In order to determine if mortgage refinancing is right for them, homeowners in Lafayette should first see if the mortgage rates are 2% to 1% lower than the current rate of their original loan. In addition, refinancing might not be the right decision for those who plan on moving soon, as they might not stay on the property long enough to recoup their initial costs.

  • What are the fees associated with Lafayette mortgage refinancing?

    Those in Lafayette who wish to refinance their mortgages will have to pay for many of the processes they did during the initial loan, such as a home title search, appraisal, and loan originator fees. Borrowers should keep in mind that refinancing comes with closing costs of up to 3 to 5% of the new loan.

  • Is no-closing-cost refinancing in Lafayette a good option?

    Taking out a no-closing-cost mortgage refinance may be advantageous for homeowners in Lafayette who plan to stay in their home for no more than five years. Instead of paying the closing costs upfront, no-closing-cost refinancing allows homeowners to roll the costs into either their interest rate or monthly payment. Hence, they may be able to save thousands if they sell their home in the next few years after refinancing.

  • Can Lafayette VA loans be refinanced?

    While VA loans in Lafayette can be refinanced, homeowners may have to pay a percentage of their original loan back to the U.S. Department of Veterans Affairs. This funding fee commonly falls somewhere between 2% and 4%. However, those who are receiving VA disability payments, veterans’ spouses with Dependency Indemnity Compensation, and active duty recipients of the Purple Heart are all exempt from paying.

  • What is the difference between a Lafayette cash-out refinance and a HELOC?

    Although both a cash-out refinance and a HELOC (home equity line of credit) allows homeowners in Lafayette to access their home equity, the former is a new mortgage with a higher balance while the latter is a second mortgage. In addition, a cash-out refinance results in a lump sum cash payment, while HELOC borrowers are given access to a line of credit for a certain period of time.

  • 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.