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2024

Last updated:

Best Mortgage Refinance Companies in Columbia

Our Recommended Top 5

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 Columbia 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.

57Reviewed

36Curated

5Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
1400 Veterans United Dr., Columbia, MO 65203
  • Multi-Family Loans
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Veterans United Home Loans offers tailored financial options to Columbia-based clients and their families. Its Cash-Out and VA Streamline (IRRRL) Refinance programs deliver financial coverage for debt payments and home improvements and allow veterans to adjust their loans with improved interest rates. Its choices are available for eligible personnel from various military branches, ranging from the Army and Air Force to the Navy and Marine Corps. The agency also works with different military advisors who provide educative insight to clients regarding VA loans and homeownership.

License Verified:

License: 1907

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
4.9 / 5 (4850)
Yelp
4.0 / 5 (273)

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
1400 Veterans United Drive, Columbia, MO 65203

Why choose this provider?

VA Mortgage Center serves military personnel and their families in Columbia. It offers solutions to clients looking to refinance their mortgage to change loan terms, take cash out from equity, get lower rates and monthly payment costs, or pay off debts. It assists military personnel from various service branches, including marine corps, army, navy, and space force. Its loan options include VA jumbo, streamline jumbo, and cash-out jumbo. VA Mortgage Center is affiliated with Veterans United Home Loans.

License Verified:

License: 1907

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

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
2810 S. Ten Mile Dr., Jefferson City, MO 65109
  • Reverse Mortgages

Why choose this provider?

Accord Mortgage is an independent brokerage firm that serves clients in Columbia. It offers various mortgage refinance options, such as rate-term, cash-out, and streamline refinance. It also assists with home loans for first-time and investment buyers. Its mortgage loan options include conventional, FHA-insured, USDA Home, and VA loans. Additionally, other services offered are manufactured home loans and reverse mortgages. Accord Mortgage is headed by Greg Hoffmeyer, who has over 15 years of real estate industry experience.

License Verified:

License: 1250924

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
4.9 / 5 (46)
Google
4.9 / 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

Website
700 Cherry St, Ste B,, Columbia, MO 65201
  • Reverse Mortgages

Why choose this provider?

USA Mortgage Home Loans is a locally owned and operated agency that serves first-time home buyers and those looking for a second home in and around Columbia. It offers different types of programs, such as FHA, MHDC, conventional, VA, jumbo, and USDA loans. Its team of mortgage officers assists clients in achieving their financial plans by educating them about the length of recouping the fees charged, interest paid, and future equity. They are also licensed to accommodate customers in Arkansas and Iowa.

License Verified:

License: 2334324

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 (688)
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
3401 W. Broadway Business Park Ct. Ste 213, Columbia, MO 65203
  • New Construction

Why choose this provider?

Mid-Continent Funding, Inc., offers mortgage refinancing assistance to clients throughout Columbia and the neighboring areas. The firm offers a wide selection of refinancing options to help clients with their goals, whether they wish to decrease their monthly mortgage payments, avail of lower interest rates, or take cash out of their home's equity. Its agents also have an array of loan options for home buyers, including FHA, VA, conventional, and jumbo loans, which exceed loan limits imposed by government-backed agencies.

License Verified:

License: 1313859

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
4.6 / 5 (9)
Yelp
2.5 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
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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 kind of documentation is required in Columbia for refinancing transactions?

    Your income details, including W-2s in the last two years and last month's pay slips, are part of the usual paperwork required in Columbia for a refinance transaction. The refinance process additionally necessitates you to submit present loan information, including your mortgage and homeowners insurance, as well as assets information, like mutual funds, bank records, and stocks for the last 60 days.

  • What takes place in a Columbia refinancing loan closing?

    At the refinancing loan closing in Columbia, you are going to sign your closing paperwork at Missouri Credit Union in the midst of the person with signing authority. You will also examine and authorize all of your loan documentation before presenting a check to cover the closing costs and other necessary closing funds.

  • When is the best time to refinance your mortgage in Columbia?

    If you can save money and accomplish your financial goals through a mortgage refinance in Columbia, then it is the appropriate moment to do so. Examples of situations where you should consider refinancing your mortgage in Columbia is when your payment every month is too high, you are interested in cashing out on your house's equity, your adjustable interest rate is too unstable, the rate of interest is greater compared to what is offered in the market, and you prefer to finish paying off your mortgage faster.

  • What kind of closing expenses are typically involved in a cash-out refinance in Columbia?

    For a cash-out refinance in Columbia, the typical closing costs include a flood certification, title and registering fees, credit check fee, underwriting charge, property taxes, transfer taxes, miscellaneous state, homeowners insurance, and points. To avoid having to spend anything out of pocket, a mortgage lender can incorporate these costs into your loan.

  • Can you cancel the mortgage insurance on your conventional loan in Columbia?

    In Columbia, you can remove insurance for mortgages on your conventional loan. Paying down the principal amount of your mortgage until you have 20 percent of the equity in your house will allow you to eliminate the insurance premium from your monthly payment without refinancing. When you get to this point, you can ask your mortgage lender to remove this.

  • 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.