Best Mortgage Refinance Companies in Silver Spring

1Rate is a Silver Spring-based business that deals with clients throughout the metro. It works with homeowners seeking to refinance their loans and helps them modify their loan terms, lower their interest rates, or tap into their property's equity. The company also combines multiple mortgages into one loan to provide a way for property owners to minimize their payments. It deals with other clients—like first-time homebuyers—and offers a range of mortgage solutions, from VA to FHA programs.

Advanced Mortgage LLC serves clients in Silver Spring and nearby areas. It helps homeowners pay off their current loans and apply for a new mortgage by offering refinancing options. These allow clients to take advantage of lower interest rates, consolidate debts, reduce their monthly payments, and obtain cash from their home's equity. The firm's other loan programs include adjustable-rate, conventional fixed-rate, jumbo, FHA, VA, and reverse mortgages. Charles M. Bucklin, the firm's president, is a member of the Maryland Mortgage Bankers and Brokers Association.

Fairway Asset Corporation serves clients throughout Silver Spring. The company investigates the eligibility of homeowners involving the Home Affordable Refinance Program to help them fulfill a variety of financial goals, from reduced interest rates to lowered monthly payments. It has experience modifying the terms of Freddie Mac or Fannie Mae-guaranteed mortgages. The company has also offered specialized loans for foreign nationals seeking to acquire real estate in the United States. It provides other financing solutions from the USDA and VA.

Since 1991, Kerins Associates, Inc., has been helping Silver Spring families meet their personal and financial goals through mortgage planning strategies. It provides VA Streamline option for people seeking to refinance their existing loans. Owner Kathleen Kerins offers different programs, such as conventional, FHA, and jumbo loans and incorporates charts and graphs to show clients the advantages of each option. She is also a VA military loan specialist. The company submits loans upon contract ratification and strives to close them in an average of 13 to 20 days.

LendSolid guides Silver Spring residents through the home buying process. By way of refinancing, the mortgage brokerage firm helps borrowers change their loan terms, consolidate debts, reduce interest rates and monthly payments, or use their homes’ equity to get cash. It reviews the benefits and costs to determine the mortgage solution for clients’ situations. Senior loan officer Craig Plucinski utilizes over 15 years of experience in customer service and management to assist homebuyers with their financing needs. LendSolid supports the community through charitable giving.

Paradigm Mortgage Services, Inc. serves Silver Spring and the surrounding communities. The business provides refinancing solutions to individuals and families who need to consolidate their debt or obtain funds for home renovation. It offers FHA and VA loans and reverse mortgages. The team provides a good home purchasing and refinancing experience by evaluating the individual financial circumstances of each client. Founder Bill Van Dyke opened the company through the encouragement of his friend in 1991.

Rob Mercer has been serving the real estate needs of families and individuals for more than three decades. He is a mortgage originator who provides refinancing solutions to Silver Spring residents who want to purchase residential properties. He helps clients improve their current mortgages, lower interest rates and monthly payments, and convert homes' equity into cash. The agent also processes conventional, first-time homebuyer, VA, and FHA loans. Mercer has been a part of First Home Mortgage since 2007.