Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Brooklyn Park

Our Recommended Top 11

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 Brooklyn Park 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.

53Reviewed

36Curated

11Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
7365 Kirkwood Court N, Suite 300, Maple Grove, MN 55369
  • New Construction

Why choose this provider?

Bob Streitz, from Mortgages Unlimited Inc., serves the neighborhoods of Brooklyn Park. He offers mortgage refinancing solutions to aid his clients in achieving their financial goals. Some of the programs and loans the agent provides include first-time homebuyer, FHA and VA, second homes and cabins, USDA Rural Development, fixed and adjustable rates, and down payment assistance. Reverse mortgages are also available for clients aged 62 and above. Streitz has more than 20 years of experience in the mortgage lending industry.

License Verified:

License: 275626

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.
4.2
Google
5.0 / 5 (15)

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
9240 Baltimore Street NE, #110, Blaine, MN 55449
  • Multi-Family Loans
  • New Construction

Why choose this provider?

Refined Lending helps homeowners in Brooklyn Park reduce monthly mortgage payments or consolidate debt through refinancing. It offers in-house refinancing as well as purchase loan products, including 15-year fixed-rate mortgages and FHA and VA loans. Dedicated to minimizing the hassle of loan processing, a single team works with each client from pre-approval to the closing stage. Refined Lending encourages a family-like culture by showcasing a team member each month and making a donation to a charity of their personal choice.

License Verified:

License: 224046

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 (294)

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
7070 Brooklyn Blvd, Brooklyn Park, MN 55429
  • Reverse Mortgages

Why choose this provider?

Team USA Mortgage delivers refinancing and loan options to homebuyers in Brooklyn Park. It rearranges debts for clients who wish to obtain less burdensome terms or cash out. It has mortgage products fit for first-time buyers and renovators. The team's clientele includes real estate investors and individuals with credit scores that may pose challenges. Team USA Mortgage has a presence across nine states, including Texas and Florida. Senior loan officer Kenneth R. King is a 20-year veteran of the lending field.

License Verified:

License: 1429538

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 (35)
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
3100 W Ray Rd Ste 201, Office 209, Brooklyn Park, MN 85226
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Steven Hauge is a senior mortgage loan originator who caters to borrowers in the Brooklyn Park community. He works with Nexa Mortgage, serving people seeking to refinance their loan to obtain a lower interest rate, reduce their monthly payments, and access the equity in their property. Hauge offers a wide selection of loan programs, which include conforming, jumbo, USDA, FHA, and VA loans. He also provides fixed and adjustable rate mortgages with terms from five to 30 years.

License Verified:

License: 873045

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 (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
10425 49th Ave N, Plymouth, MN 55442

Why choose this provider?

Meena Yang is a mortgage loan originator who caters to residential and commercial clients in Brooklyn Park. She helps borrowers refinance current mortgages for better terms and rates and get lower monthly payments. Meena evaluates properties to determine the home's equity for a cash-out refinance. She provides different mortgage programs, including FHA, VA, conventional, USDA, and commercial loans. Meena is backed by MinnTrust Mortgage, LLC, and also works with borrowers looking to purchase an investment property or obtain a second mortgage.

License Verified:

License: 2250058

Nationwide Multistate Licensing System and Registry

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
7077 Northland Cir N #210, Brooklyn Park, MN 55428
  • Reverse Mortgages

Why choose this provider?

Cambria Mortgage is a family-operated business serving Brooklyn Park-based homeowners. Its team of mortgage consultants assists clients planning to refinance their single-family and multifamily homes, condominiums, or mobile homes. They also help property owners navigate the cash-out refinancing process to withdraw funding for home improvement, college education, or debt consolidation. Clients can also turn to Cambria Mortgage for assistance in converting their adjustable-rate loan to a fixed-rate loan. The company has partnered with the Minnesota Mortgage Association.

License Verified:

License: 322798

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.
4.7
Facebook
4.7 / 5 (53)
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
12906 63rd Avenue N, Maple Grove, MN 55369
  • New Construction

Why choose this provider?

First Class Mortgage helps Brooklyn Park residents purchase their dream homes by providing personalized loan programs. It offers refinancing for people seeking to consolidate two mortgages, lower interest rates, reduce monthly payments, shorten terms, or obtain cash. Its team assists homebuyers in finding options that fit their financial situation, such as conventional, FHA, jumbo, USDA, and VA loans. Before establishing his company in 2006, co-owner Brady Day worked as a loan originator. First Class Mortgage created the Peace of Mind Fund, which provides financial support to local families in transition.

License Verified:

License: 322842

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 (755)

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
11165 Zealand Ave N, Champlin, MN 55316
  • New Construction

Why choose this provider?

Fairway Financial Services, Inc., is a full-service mortgage brokerage that has been assisting clients in and around Brooklyn Park since 1998. Its staff has over 150 years of combined experience helping individuals and families achieve their financial goals through a home loan or refinancing plan. The refinance mortgage allows borrowers to reduce their monthly payments, adjust their loan terms, and cash out their home equity. The team also supports first-time homebuyers through their journey to homeownership.

License Verified:

License: 328279

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
Facebook
5.0 / 5 (8)
Google
4.7 / 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
888 County Rd. D W Suite 102, New Brighton, MN 55112
  • New Construction

Why choose this provider?

Best Advantage Mortgage serves property owners in Brooklyn Park who wish to refinance for a shorter loan term or a lower monthly payment. It offers cash-out refinance and conventional mortgages, as well as VA, FHA, and USDA government loans. Best Advantage Mortgage has been recognized by the Minnesota Midwest Home Magazine as Best Mortgage Professional for two years in a row. Ted Bougie, its founder and senior loan officer, has been in the mortgage business for over a decade.

License Verified:

License: 1990426

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 (179)
Facebook
5.0 / 5 (12)
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
3612 Fillmore St NE, Minneapolis, MN 55418
  • Reverse Mortgages

Why choose this provider?

MLS Mortgage has been serving borrowers in Brooklyn Park for over a decade. The company offers loan programs to clients refinancing or purchasing a property and has access to numerous mortgage lenders offering various rates and programs. It works with customers through the home buying process and aims to keep its services within the community it serves to create local jobs and increase income growth. The company's website features various mortgage and financial calculators to help borrowers maximize their savings and personal wealth.

License Verified:

License: 365483

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 (23)
Yelp
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
7365 Kirkwood Ln N Ste 300, Maple Grove, MN 55369
  • New Construction

Why choose this provider?

Shelle Page strives to find mortgage refinancing programs that fit the needs of clients in Brooklyn Park. She provides various options, including FHA, VA, land loans, DAP, and the Homes for Heroes programs. She also offers home refinancing to help customers borrow against the equity in their homes and obtain low mortgage payments. Page is a loan officer at My City Mortgage with over 20 years of industry experience. She is a member of the Minneapolis Women's Rotary.

License Verified:

License: 649539

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 (42)
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.
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.
  • What is cash-out refinancing in Brooklyn Park?

    A cash-out refinance in Brooklyn Park is obtaining a new mortgage larger than your existing one. This extra money, after paying off your old loan and closing costs, is given to you in cash when everything is finalized. If you own a house and have equity, a cash-out refinance may be the best option for you.

  • What are the factors you need to consider when refinancing your home in Brooklyn Park?

    You need to consider various factors when refinancing your Brooklyn Park home. Ask yourself questions such as:

    • What is the rate of your current mortgage loan?
    • How long do you have left to settle your current mortgage?
    • Until when are you planning to keep the property?

    If the answers to these questions lean in the direction that you might struggle financially in the long term, then it's best to apply for a refinance loan to help consolidate your debts.

  • Why should you work with a mortgage broker in Brooklyn Park when refinancing?

    If you're refinancing your loan in Brooklyn Park, working with a mortgage broker can help represent your best interest and ensure you get the offer that fits your needs. They can access a variety of lenders and investors, get you mortgage rates at wholesale prices, and save you time and money by utilizing their industry training.

  • What are the possible questions you can ask your broker during a Brooklyn Park mortgage refinancing process?

    In a mortgage refinancing application in Brooklyn Park, you can prepare a set of questions that may be related to the penalties, upfront and closing costs, along with policies involving guaranteed interest rates and taxes. Being aware of the appropriate questions to ask can help you not only get the best deal on your mortgage but also avoid any unpleasant surprises in the future.

  • Can you cash out in a rate and term refinance in Brooklyn Park?

    No, cashing out is not allowed in a rate and term refinance in Brooklyn Park. You can only use this option to switch to a loan with a shorter term or a cheaper interest rate, or in some situations, both. For instance, under conventional payments, if you bought your loan four years ago with a 30-year mortgage, you would still have 26 years to pay it off.

  • 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.