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Best Mortgage Refinance Companies in Lees Summit

2024

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Website
800 E 101st Terrace Ste. 350B, Kansas City, MO 64131
  • New Construction

Why choose this provider?

McGowan Mortgages assists residents of the Lee's Summit metro with their refinancing needs. Its team offers refinance solutions such as rate-and-term, cash-in, and cash-out options to help borrowers who want to pay off their loans faster, lower their monthly payments, or change their adjustable-rate mortgages. It also guides clients throughout the entire refinancing process. McGowan Mortgages has been in business since 2016 and is also licensed to serve clients in 30 states across the US.

License Verified:

License: 1478470

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 (34)

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
1300 E 104th St Suite 250, Kansas City, MO 64131
  • Reverse Mortgages

Why choose this provider?

KC Loan Guy provides mortgage refinancing services with conventional fixed-rate and adjustable-rate options for clients in Lees Summit. It offers cash-out refinance, VA, and FHA loans and helps customers find programs that suit their needs. In addition, it works with multiple lenders to provide a selection of loan products that may lower monthly payments, reduce loan terms, or switch adjustable-rate to fixed-rate mortgages. Its client base includes first-time homebuyers, military members, veterans, and their surviving spouses.

License Verified:

License: 3274

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 (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
8321 Wornall Road, Kansas City, MO 64114
  • New Construction
  • Reverse Mortgages

Why choose this provider?

The Rick Herrera Group handles the mortgage refinancing needs of homeowners throughout Lees Summit and the nearby metros. The firm, which is a division of Northern Mortgage, has access to multiple choices of national lenders, allowing clients to compare and select from a wide variety of mortgage refinancing options that meet their particular needs and goals. Likewise, its loan officers provide assistance to first-time homebuyers and seasoned investors. The company also caters to clients in other states, including Kansas, Illinois, Michigan, Indiana, and Florida.

License Verified:

License: 16442

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.
4.4
Google
4.4 / 5 (7)

Website
12 1/2 SW 3rd St, Lee's Summit, MO 64063
  • New Construction

Why choose this provider?

AAA Mortgage LLC caters to individuals and families in Lees Summit. It crafts mortgage refinance programs for borrowers who are seeking to reduce monthly payments, cash out equity, or consolidate debts. It also offers HELOC loans that allow clients to borrow a lump sum to renovate their homes. The company carries a variety of government mortgage options, which include USDA, VA, and FHA loans. It streamlines the borrowing process by implementing a four-step approach which involves deciding the loan amount, pre-qualifying, applying, and closing.

License Verified:

License: 252569

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 (12)
Google
5.0 / 5 (3)
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
1828 Walnut St., Suite 301, Kansas City, MO 64108
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Matt Slenker is a mortgage broker that accommodates the refinancing goals of individuals and families in Lees Summit and the surrounding areas. He provides fixed-rate and adjustable-rate loans tailored for various purposes, such as taking out cash from clients' home equity, changing the length of mortgage terms, reducing monthly payments, and lowering interest rates. He guides borrowers in choosing the mortgage that fits their financing needs. Slenker's loan options include USDA, FHA, jumbo, VA, and conforming loans.

License Verified:

License: 1382872

Nationwide Multistate Licensing System and Registry

Website
400 SE 3rd St, Lees Summit, MO 64063
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Molly Dean helps clients in Lee's Summit with the mortgage financing process. Dean is a mortgage banker from LeaderOne Financial Corporation who has been in the mortgage industry since 2003. She guides clients with mortgage refinancing. Together with her team, she provides clients with refinancing options such as cash-out or cash-back refinance, lower fixed-rate loans, and shorter- or longer-term loans. Assistance in programs like VA, FHA, USDA, jumbo, conventional, and renovation mortgage loans is also available.

License Verified:

License: 259721

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 (43)

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
Lee's Summit, MO 64063
  • New Construction

Why choose this provider?

Executive Lending Group, LLC, offers a variety of refinancing strategies for homeowners in Lee's Summit. Its team of loan professionals assists borrowers in securing refinancing programs to obtain lower monthly payments, get cash, or consolidate debts. These staff members keep mortgage borrowers informed throughout the refinancing process, from application and processing to underwriting and funding. The owner, Joel Little, is a Certified Mortgage Planning Specialist and a NAMB-certified mortgage broker. He and his team have over 80 years of combined experience.

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
8080 Ward Parkway, Kansas City, MO 64114
  • Reverse Mortgages

Why choose this provider?

Integrity First Mortgage LLC. serves homeowners and homebuyers in Lees Summit and the surrounding areas. It offers refinancing solutions to people looking to secure cash for debt consolidation and home improvement. It provides different types of programs, including conventional, FHA, USDA, and VA loans, with standard fixed rates that give clients the option to choose a term of 10 to 30 years. Integrity First Mortgage has been in the industry for more than 25 years.

License Verified:

License: 259518

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
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
205 SW Jefferson St, Lees Summit, MO 64063
  • Reverse Mortgages

Why choose this provider?

Lauren Wittig Team provides residential home financing solutions in Lees Summit. It represents mortgage lender Luminate Home Loans and represents its loan products for real estate purchases and delinquent borrowings. Wittig’s group guides borrowers throughout the loan process, from pre-approval to closing costs. They tailor mortgage plans based on clients' short-term and long-term goals. They offer home purchase and refinancing programs, including conventional, FHA, USDA, and VA loans. Wittig has been working in the mortgage industry for over nine years.

License Verified:

License: 2037581

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 (59)
Google
4.8 / 5 (35)
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

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 does mortgage refinancing in Lees Summit work, and what advantages does it offer to homeowners?

    Homeowners in Lees Summit engage with lenders, undergoing stages of processing and underwriting. This endeavor potentially offers substantial savings, interest rate reduction, and the opportunity to leverage home equity for debt repayment. Discerning one's financial objectives is also paramount, as it allows lenders to prescribe the most appropriate refinancing strategy.

  • How does refinancing one's mortgage in Lees Summit affect monthly payments and overall interest?

    Homeowners in Lees Summit who refinance their mortgages often experience a reduction in monthly payments. Extending the loan duration, for instance, transitioning from a 15-year to a 30-year term, typically results in decreased monthly obligations. However, they should know that a protracted loan term might culminate in more significant interest expenditure over its tenure. Utilizing a mortgage refinancing calculator offers clarity on potential outcomes.

  • Under what circumstances should homeowners in Lees Summit contemplate refinancing, and what factors merit consideration?

    Homeowners in Lees Summit might consider refinancing when the prevailing interest rate falls notably, ideally by a minimum of 1% below their current rate. However, it's imperative to discern that a refinance only sometimes equates to more favorable terms. A meticulous comparison of the existing mortgage with prospective offers is advised. Moreover, refinancing incurs expenses akin to initial closing costs; thus, evaluating these costs against potential benefits is paramount.

  • What is a cash-in refinance, and why might Lees Summit homeowners consider it?

    A cash-in refinance is a unique refinancing option where homeowners contribute extra funds during refinancing to diminish their subsequent loan balance. While not as widespread as its counterpart, the cash-out refinance, this approach can be advantageous. For homeowners in Lees Summit, this is the route to take when facing a mortgage value surpassing the home's worth, aiming to shed private mortgage insurance, or targeting specific loan limits and interest rates.

  • Can homeowners in Lees Summit with FHA or Conventional loans remove PMI through refinancing?

    Absolutely, homeowners in Lees Summit holding FHA or conventional mortgages have the option to refinance for PMI removal. If their initial conventional loan down payment was below 20%, they're likely still bearing PMI charges. In the case of FHA loans, a down payment below 10% means perpetual PMI, but for down payments of 10% or greater, PMI lasts only for the first 11 years. Opting for refinancing can alleviate these additional expenses.

  • 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.