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Best Mortgage Refinance Companies in Lynn

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2023
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Brad Vocino logo
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License Verified:

License: 351606

Nationwide Multistate Licensing System and Registry

Brad Vocino

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300 Rosewood Drive, Suite 240, Danvers, MA 01923
  • Reverse Mortgages

Business Description

Brad Vocino is a mortgage officer who delivers financing solutions to homeowners, buyers, and borrowers in Lynn. He and his team at Ross Mortgage Company educate first-time homebuyers and provide strategies to make the loan process less stressful. They coordinate the home sale and purchase of new homes for clients planning to upgrade. Additionally, they assist borrowers in securing refinancing loans. Vocino started his career as a financial advisor at Morgan Stanley Smith Barney in 2008 and also serves Maine and New Hampshire.

License Verified:

License: 351606

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 (127)
Facebook
5.0 / 5 (40)
GoldCoast Mortgage Service, Inc. logo
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License Verified:

License: 1841

Nationwide Multistate Licensing System and Registry

GoldCoast Mortgage Service, Inc.

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100 Cummings Center Suite 544H, Beverly, MA 01915
  • Reverse Mortgages

Business Description

Since 1999, GoldCoast Mortgage Service, Inc., has been serving the people in the Lynn metro. The independent agency assists borrowers in lowering their monthly rates and paying off their debts fast through refinancing. Its loan officers help clients make their homeownership easier and better by understanding their objectives and finding solutions. In addition, they offer a range of mortgage loans, including jumbo and adjustable rates. Jeff Rolke, one of the loan officers, worked in the insurance and investment industries before joining GoldCoast Mortgage in 2014.

License Verified:

License: 1841

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 (160)
Facebook
5.0 / 5 (35)
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
Heritage Mortgage Co. logo
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License Verified:

License: 1701

Nationwide Multistate Licensing System and Registry

Heritage Mortgage Co.

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175 Derby Street Suite 36, Hingham, MA 02043
  • New Construction

Business Description

Heritage Mortage Co. is a Hingham-based firm that has been offering custom loan options to customers in Lynn since 1993. John Trotman, the company's vice president, has developed an in-depth understanding of various mortgage factors, requirements, and scenarios over the course of more than 25 years. He and his colleagues provide customized financial advice for refinancing plans that include residential and commercial property purchases, debt payments, and renovations. They also offer reverse mortgages, which provide retirees with cash equity opportunities.

License Verified:

License: 1701

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 (36)
Michael Rice - New Fed Mortgage logo
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License Verified:

License: 47904

Nationwide Multistate Licensing System and Registry

Michael Rice - New Fed Mortgage

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98 High Street, Danvers, MA 01923
  • Mortgage
  • Mortgage Brokers
  • Reverse Mortgages

Business Description

Mike Rice "The Mortgage Guy" is a mortgage advisor from NewFed Mortgage who serves clients in the Lynn metro and across several states, including MA, NH, ME, CT, RI. He offers a variety of refinancing and home loan solutions to help individuals decrease their monthly mortgage payments or purchase a new property. The Mortgage Guy guides first-time home buyers about the selection of products available to them, including conventional, FHA, adjustable-rate, fixed-rate, jumbo, and VA mortgages. Mike has been in the business for 20 years.

License Verified:

License: 47904

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 (35)
Facebook
5.0 / 5 (20)
Yelp
5.0 / 5 (5)
Miller Mortgage logo
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License Verified:

License: 2513

Nationwide Multistate Licensing System and Registry

Miller Mortgage

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Lynn, MA
  • Reverse Mortgages

Business Description

Miller Mortgage comprises a network of attorneys, mortgage brokers, and realtors helping Lynn residents purchase homes. It offers refinancing options for people seeking to consolidate debts, convert to a fixed-rate mortgage, lower interest rates or monthly payments, reduce terms, or cash out their homes’ equity. The mortgage company seeks out funds from various banks to serve different borrowers, including those with credit issues. It gives back to local communities by supporting organizations, such as the American Cancer Society and Autism Speaks.

License Verified:

License: 2513

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 (63)
Facebook
4.6 / 5 (36)
Yelp
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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
OwnUp logo
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License Verified:

License: 1450805

Nationwide Multistate Licensing System and Registry

OwnUp

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50 Milk Street, 16th Floor, Boston, MA 02108
  • New Construction

Business Description

OwnUp is a technology company that helps homeowners in Lynn with their mortgage refinancing needs. It assists borrowers who are looking to cash out of their homes or refinance their existing mortgages into loans with different interest rates and terms, ultimately helping them save money over the duration of their mortgages. The company also dedicates expert home advisors to guide clients throughout the refinance process. OwnUp has been featured in several prominent magazines and media outlets, including Forbes, Bloomberg, and USA Today.

License Verified:

License: 1450805

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 (612)

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
Patriot Mortgage Company Inc. logo
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License Verified:

License: 2901

Nationwide Multistate Licensing System and Registry

Patriot Mortgage Company Inc.

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4 Lowell Road #11, North Reading, MA 01864
  • Reverse Mortgages

Business Description

Patriot Mortgage Company, Inc., has been handling the needs of homeowners in Lynn and the nearby locations since 1992. The company specializes in different types of mortgage options, which include home purchase and refinance loans. The loan programs include conventional, FHA, VA, and HARP loans. Michael Beckerman, the senior mortgage originator at Patriot Mortgage Company, is in charge of dealing with various lenders to help his clients find suitable loans and rates. He has been working with the company since 1996.

License Verified:

License: 2901

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
Google
3.9 / 5 (22)
Facebook
5.0 / 5 (11)

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
Paul Ruggiero logo
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License Verified:

License: 2094373

Nationwide Multistate Licensing System and Registry

Paul Ruggiero

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Melrose, MA 02176
  • New Construction
  • Reverse Mortgages

Business Description

Paul Ruggiero is a loan officer at Edge Home Finance Corp and strives to meet the refinancing goals of residents in Lynn. He assists loan holders in switching to different options such as ARMs, fixed rates, conforming loans, or USDA, FHA, and VA programs. Using online mortgage calculators and leveraging his experience as a real estate investor, Ruggiero guides clients in evaluating refinance benefits and making choices. He is the co-owner of Ruggiero Properties, LLC, and has been investing for over 10 years.

License Verified:

License: 2094373

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)

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
Republic State Mortgage logo

License Verified:

License: 62411

Nationwide Multistate Licensing System and Registry

Republic State Mortgage

7 Essex Green Dr., 1st Floor, Peabody, MA 01960
  • New Construction

Business Description

Republic State Mortgage is an Equal Housing Lender that caters to the Lynn community and its surrounding areas. It helps home buyers and homeowners make informed financing decisions. The firm's professionals assist clients in refinancing their existing loans to reduce monthly payments and shorten mortgage terms. They also offer cash-out refinance options to homeowners intending to withdraw money for home improvement or debt consolidation. Additionally, Republic State Mortgage advises clients on the best loan program for their needs based on their current financial situation.

License Verified:

License: 62411

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 (17)
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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Stepstone Mortgage Company, Inc logo
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License Verified:

License: 1187

Nationwide Multistate Licensing System and Registry

Stepstone Mortgage Company, Inc

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89 Front Street, Marblehead, MA 01945
  • Reverse Mortgages

Business Description

Stepstone Mortgage Company, Inc., offers mortgage refinancing for Lynn-based borrowers. Its team commits itself to offering financial services and the lowest available local rates with the ultimate goal of forging lasting relationships with its clients. The company provides tailored financial solutions and helps clients obtain refinancing loans and consolidate debt. It provides ARM and fixed-rate mortgages, as well as conforming, conventional, and jumbo loans. It also offers RHS loan programs and VA and FHA loans. The company has been operating since 1988.

License Verified:

License: 1187

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
4.5 / 5 (6)

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.
  • 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.

  • How does mortgage refinance work?

    The mortgage refinance process begins with choosing a broker and filling out loan application information. The process continues through underwriting and closing. The new mortgage is then used to pay off and close your original mortgage loan. This leaves you with a new loan and mortgage payment to manage each month.

  • When should you refinance a mortgage?

    If your credit score has improved or mortgage interest rates have dropped, refinancing can potentially save you money. Other reasons to refinance your mortgage include getting a fixed rate instead of an adjustable one or getting a shorter loan term. An increase in your home’s value that can let you access more equity is another reason to refinance.

  • How much does it cost to refinance a mortgage?

    The average cost to refinance a mortgage is $5,000. This amount varies, based on the state and county where the property is located and the loan amount. Common fees incurred when refinancing a mortgage include:

    • Appraisal fee
    • Broker’s fee
    • Credit check fee
    • Loan application fee
    • Recording fee
    • Title search and insurance fee

  • How soon can you refinance a mortgage?

    Some lenders make borrowers wait a minimum of six months before accepting a new mortgage refinancing application. However, when that happens, borrowers can check with other lenders to find one that doesn’t require a wait before refinancing. A mortgage refinance broker can guide you to lenders that allow immediate refinancing.

  • How long does it take to refinance a mortgage?

    The average amount of time it takes to refinance a mortgage is 45 days. In some cases, it may be possible to get it done faster. There also may be times when it takes longer to get a mortgage refinanced.