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Best Mortgage Refinance Companies in Shreveport

2024

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Providers

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Website
7505 Pines Rd #1280, Shreveport, LA 71129
  • New Construction

Why choose this provider?

Cross Country Equity is a team of mortgage professionals that cater to clients in Shreveport. The company offers refinancing loans for both VA loans and FHA 203(K) rehab loans. The company handles both commercial and residential loans including FHA, USDA rural development, conventional, commercial lending, and jumbo plans. Founders Gary Moore and Leeonnas Richardson started the company in 2005 and now head a team of mortgage brokers who have over 40 years of combined experience

License Verified:

License: 108674

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 (158)
Yelp
5.0 / 5 (25)

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
2234 Windsor Ct, Bossier City, LA 71111
  • New Construction

Why choose this provider?

J & L Processing/Mortgages addresses the real estate concerns of residents in and around Shreveport. Its team works with investors and buyers who want to refinance their mortgages to obtain their dream homes. The company provides refinancing solutions to help clients consolidate bills, change mortgage terms, lower interest rates, and convert adjustable-rate into fixed-rate loans. It also caters to first-time homebuyers who need assistance in processing VA, USDA, and FHA loan programs. Additionally, J & L Processing/Mortgages assists customers in checking their credit scores.

License Verified:

License: 1747388

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 (24)
Google
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
1017 Benton Road, Bossier City, LA 71111
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Acadiana Mortgage helps residents of Shreveport acquire refinancing loans. Its mortgage professionals offer loans for home buyers, self-employed clients who need financing, and customers who have low or bad credit. The company provides fixed rate mortgage with 15- or 30-year terms and balloon and buy down loans. Through its offerings, Acadiana Mortgage helps clients consolidate their debt, refinance their home, and buy a house. It pledges to provide them with the best available loan programs and rates. The company has over 50 years of experience in the industry.

License Verified:

License: 111237

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 (25)
Google
5.0 / 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
6425 Youree Drive, Suite 590 One Bellemead Centre, Shreveport, LA 71105
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Pierremont Mortgage provides customized solutions to clients looking for a new home in Shreveport. It makes it easier for home buyers to find the right mortgage by assisting them whether they apply by phone, online, or in person. The firm offers FHA, VA, USDA, term, fixed-rate, and variable-rate home loans, helping buyers choose the product that suits their needs and goals. It also provides clients with options for conventional home loans. Pierremont Mortgage is a member of the Mortgage Bankers Association.

License Verified:

License: 70476

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 (103)

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
6245 Youree Dr., Suite 100, Shreveport, LA 71105
  • Reverse Mortgages

Why choose this provider?

Legacy Mortgage Services deals with the financing needs of clients throughout Shreveport and nearby locations. The agency is affiliated with the Eustis Family of Companies and works with customers in securing suitable mortgage deals. Its refinancing options help homeowners turn their property equity into cash to consolidate high-interest debt, renovate homes, pay for college, or stabilize their financial status. The business is operated by Stacy Hooper, who has been in the mortgage industry for over two decades.

License Verified:

License: 93184

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
Facebook
4.3 / 5 (13)
Google
5.0 / 5 (3)

Website
2400 Old Minden Rd., Ste 5E, Bossier City, LA 71112
  • New Construction

Why choose this provider?

Patriot Mortgage is a mortgage brokerage that specializes in helping veterans in Shreveport buy and refinance their homes. It offers VA cash-out refinancing loans for veterans looking to consolidate their debt or remodel their homes, as well as VA streamline refinancing loans for those who want to reduce their monthly payments or change mortgage terms. The company, which itself was founded by veterans, strives to ensure that its services remain accessible to clients with disabilities.

License Verified:

License: 1700843

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 (10)
Google
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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
331 Milam Street, Shreveport, LA 71101

Why choose this provider?

Capital City Mortgage provides financial solutions for investors, businesses, and homeowners in the Shreveport metro. It is a traditional and non-traditional lender company that offers products and services that assist first-time homebuyers and existing homeowners in purchasing or refinancing homes. It also helps self-employed people purchase and refinance homes using alternative income documentation, such as 12 to 24 months' worth of bank statements, and real estate investors using their LLC to invest in real estate. Fixed and adjustable-rate mortgages are available.

License Verified:

License: 2285572

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 (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

Website
1800 Jimmy Davis Highway Suite B, Bossier City, LA 71112
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Cherry Mortgage, LLC, is a brokerage agency serving borrowers in and around Shreveport. It offers mortgage refinance options to homeowners with VA-backed loans considering lowering their rates, changing their loan terms, or tapping into their home equity. The agency offers VA Streamline (IRRRL) or VA cash-out refinance. It also assists in securing financing for VA, FHA, USDA Rural Development, and conventional purchase loans. Cherry Mortgage, LLC, is owned and operated by broker Tanya Corbett, who has been in the industry since 2000.

License Verified:

License: 1962984

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 (18)
Google
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.
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.
  • Why should Shreveport homeowners consider mortgage refinancing at a lower interest rate?

    Refinancing to a lower rate allows homeowners in Shreveport to reduce their monthly payments by $100 to $300. Additionally, refinancing offers the opportunity to tap into their home equity. Through a cash-out refinance, they receive a lump sum that covers their current mortgage and closing expenses, with the surplus amount available for their discretionary use.

  • Do homeowners in Shreveport need to have equity in their homes to refinance?

    Yes, the general rule is that homeowners in Shreveport are required to maintain a loan-to-value ratio of 90% or less to be eligible for refinancing. This implies that the assessed value of their residential property should exceed the outstanding loan amount by approximately 10%. Furthermore, it is essential for the value of their property to have appreciated since the time of its purchase.

  • How much will it cost for Shreveport homeowners to refinance?

    Beginning with an initial application charge ranging from $250 to $350, Shreveport homeowners may be required to cover an origination fee, usually equivalent to 1% of their loan's total. Generally, they will pay fees similar to those of their existing home loan for title searches, title insurance, and lender fees. The overall amount could add up to approximately 2–3% of the loan value. No-cost loans are also available for those lacking the financial means to manage mortgage refinancing-related expenses.

  • Is streamlined refinancing available to homeowners in Shreveport who have FHA loans?

    Yes, streamlined refinancing is available; it provides an opportunity for Shreveport homeowners to refinance their current FHA loans, potentially obtaining a reduced interest rate. Commonly known as a streamlined refinance, this process aims to lower monthly mortgage payments for homeowners or adjust the loan term to better suit their financial objectives.

  • What advantages do Shreveport homeowners gain from a rate and term refinance?

    A rate and term refinance involves Shreveport borrowers making adjustments to the terms of their existing mortgage loans, and the objective is to secure improved loan conditions, including a lower interest rate and/or a revised loan duration. This form of mortgage refinancing also aims to improve the financial position of the borrowers by replacing their current mortgage with a new one that offers more favorable terms.

  • 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.