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2024

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Best Mortgage Refinance Companies in Independence

Our Recommended Top 12

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 Independence 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.

73

Reviewed

48

Curated

12

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
4967 NE Goodview Cir STE B, Lee's Summit, MO 64064
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Summit Lending is a mortgage brokerage firm that serves clients in Independence and the surrounding areas. It offers refinancing loans, including conventional fixed and adjustable rate mortgages, VA, FHA, and USDA. It also assists families and individuals with new home purchases and reverse mortgages. Summit Lending has been in the industry for over 20 years. It is headed by Darren Copeland, a mortgage consultant with The Copeland Mortgage Team. Its officers educate families about the home buying process.

License Verified:

License: 1850081

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 (231)
Facebook
4.9 / 5 (64)

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
120 SW 2nd St Suite 105, Lee's Summit, MO 64063
  • New Construction

Why choose this provider?

Executive Lending Group, LLC works with individuals residing in Independence and nearby areas. The company assists borrowers in applying for refinance and home equity conversion loans, which allow clients to pay off their mortgages and debts at flexible repayment options. It offers fixed-rate, ARM, and VA loans. It also walks customers through each stage of the loan process, from initial discussion to closing. Executive Lending Group's loan agents have a combined industry experience of eight decades.

License Verified:

License: 312410

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 (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

Website
7400 West 132nd Street Suite 100, Overland Park, KS 66213
  • Reverse Mortgages

Why choose this provider?

Rick Rowell is a mortgage lender in Independence who specializes in refinancing. He is a sales manager from Fairway Independent Mortgage and has been in the industry since 1987. Rick’s team assists homeowners through the refinancing process so they can fund their dream homes using a new home loan. Through refinancing, clients can enjoy benefits such as lower interest rates and monthly payments, allowing them to save money for investments and other purposes. Besides refinancing, Rick Rowell can help clients who are applying for their first mortgage loan.

License Verified:

License: 524432

Nationwide Multistate Licensing System and Registry

Website
249 W Mill Street Suite 108, Liberty, MO 64068
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Guaranteed Rate is a mortgage lending company serving individuals in the Independence metro and surrounding locations. It offers refinance loan programs to help clients reduce their monthly obligations and pay off their balances faster, making them afford their dream homes. Its loan programs include fixed-rate mortgages, adjustable-rate mortgages, home equity lines of credit, jumbo loans, and interest-only mortgages. In addition, Guaranteed Rate assists buyers in achieving their dream homes through purchase loans. The company has funded over $70 billion in consumer loans in 2021.

License Verified:

License: 1700476

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
2641 NE McBaine Dr., Lee's Summit, MO 64064
  • New Construction

Why choose this provider?

Affinity Lending Inc. is a team of loan consultants that offers mortgage refinancing services to the residents of Independence. The company assists clients through the process of refinancing, enabling them to apply for the right option aligned with their goals and purposes. Clients gain flexibility for restructuring their loans either to obtain lower monthly payments, increase home equity, consolidate debt or pull out money from initial home equity value. Affinity Lending also offers VA loans, government loans, and home equity lines of credit.

License Verified:

License: 1756487

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 (56)

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
Kansas City, MO 64155
  • New Construction

Why choose this provider?

Kansas City Mortgage Guy serves homeowners and veterans in Independence. It assists in finding the ideal home refinancing option to lower interest rates, get into or out of A.R.M., cash out equity, or consolidate mortgages. It also offers loans for homebuyers, including physicians' loans. The lender works to prevent surprises by confirming that the terms applied for are exactly what the client gets at closing and keeping the client updated throughout the process. It is an accredited member of the Veterans Advocacy & Benefits Association.

License Verified:

License: 368197

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 (250)

Website
19045 E. Valley View Pkwy., Suite F, Independence, MO 64055
  • New Construction

Why choose this provider?

Community Mortgage caters to Independence homeowners looking to refinance their homes. Its team of loan officers offers clients refinancing strategies that allow them to lower their interest rates, reduce monthly payments, and convert an adjustable-rate loan to a fixed-rate loan. They also assist property owners to apply for cash-out refinance, allowing them to fund their home improvement project, secure educational funding, or pay off debt. Community Mortgage guides clients through the process, from understanding the required paperwork to applying for the loan.

License Verified:

License: 224143

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
Yelp
4.5 / 5 (5)
Google
4.0 / 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
100 NE Tudor Rd, Lee's Summit, MO 64086
  • New Construction

Why choose this provider?

James Laird is an NMLS-licensed mortgage loan originator representing USA Mortgage in Lee's Summit and nearby Independence. He has been in the real estate and finance industry for more than five years and works with refinancing applications for residential and investment properties. He helps clients tap into their home's equity for cash, shorten mortgage terms, and lower monthly payments. Before his mortgage lending tenure, Laird was a sergeant for the U.S. Air Force for more than eight years.

License Verified:

License: 1058065

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

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
450 NE 291 Highway, Lee's Summit, MO 64086
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Pat Gormly is a loan officer of Fairway Independent Mortgage Corporation who offers refinancing assistance to clients in and around the Independence area. He provides a wide selection of refinancing options to help clients reduce interest rates or monthly payments, cash out some of their equity, or consolidate existing debts. Gormly has been in the mortgage industry since 2003 and is also licensed to offer personalized home loan solutions to homebuyers and owners in Kansas and Tennessee.

License Verified:

License: 543328

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
115 S Main St, Grain Valley, MO 64029
  • New Construction
  • Reverse Mortgages

Why choose this provider?

WPL Mortgage Solutions has been catering to the financing needs of residents in Independence for over 25 years. It offers refinancing programs to borrowers seeking lower monthly payments, shorter terms, another mortgage type, and fixed interest rates. It conducts consultations to discuss options, processes, and plans, helping clients make educated decisions. The company also provides other loan programs, including FHA, VA, jumbo and FHA options, which accommodate first-time buyers, veterans, farmers, corporations, and individuals who are planning to renovate.

License Verified:

License: 1880216

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.
4.0
Google
4.4 / 5 (20)

Website
751 NE Anderson Lane, Lees Summit, MO 64064
  • New Construction

Why choose this provider?

Taylor Made Home Loans is a mortgage firm that serves customers in Independence and its surrounding areas. Owner and team leader Taylor Froelich closed over 400 mortgages throughout his service in the community. He offers a variety of mortgage options, including conventional, VA, FHA, and USDA loans. Froelich and his team members work closely with borrowers to navigate the process and find the program that suits their needs. They also offer investment loans, such as debt service coverage ratio.

License Verified:

License: 1459645

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 (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
450 NE 291 Highway, Lee's Summit, MO 64086
  • Reverse Mortgages

Why choose this provider?

Jeff Bresette is a loan officer that caters to clients in and around Independence. He assists families and individuals looking to refinance or purchase their homes. He also helps them find the right mortgage program that fits their financial situation and guides them throughout the entire mortgage process, from filling out the application to signing closing documents. Jeff has been in the industry for over 25 years. He is currently working with Fairway Independent Mortgage Corporation.

License Verified:

License: 543216

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

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.
  • Do you need to get pre-approved when you refinance in Independence?

    Yes, you must still go through the pre-approval process when refinancing in Independence. During this process, the lender will examine your income, credit score, and assets to determine which loan and interest rate are appropriate for your situation. A pre-approval letter can be obtained in as little as 24 hours or as long as a week. The letter can assist you in determining which lender offers the best loan for you. It is typically valid for 30 to 90 days.

  • Can refinancing be detrimental to the credit of the borrower in Independence?

    Refinancing can cause a temporary drop in credit score. This is due to the fact that when lenders check the borrower's credit, the scores are affected. Another reason is that refinancing essentially amounts to taking on new debt. However, the borrower's credit in Independence will improve in a few months when refinancing reduces their debt amount or monthly payments.

  • How does an FHA Simple Refinance in Independence work?

    The FHA Simple Refinance allows Independence homeowners to switch from one mortgage to another. Their new loan could be either an adjustable-rate mortgage or a fixed-rate mortgage. This refinancing type does not offer a cash-out option. Its steps are similar to those of a traditional mortgage, and may include credit qualification, home appraisal, and closing. It is an excellent choice for refinancing homes that have not appreciated significantly in value.

  • When can you refinance an MHDC loan in Independence?

    After three years, you can refinance a Missouri Housing Development Commission loan. If not, the downpayment assistance must be repaid in full. Condominiums, manufactured homes, and duplexes in Independence are examples of properties that qualify for such loans. It is critical to contact a loan officer for more information on the loan's requirements.

  • Can you apply for a bridge loan in Independence while putting up the property for sale?

    Yes, a bridge loan serves as a link between purchasing a new home and selling the old one. It is a short-term mortgage that borrows against the equity of the property and is a better option than a cash-out refinance. This is due to the fact that a refinance does not allow the borrower in Independence to sell their home. A bridge loan may be advantageous when purchasing a new home in a competitive market or when purchasing a fixer-upper home.

  • 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.