Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Charlotte

Our Recommended Top 14

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 Charlotte 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.

372Reviewed

228Curated

14Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

529 W Summit Ave. #2A, Charlotte, NC 28203
WebsiteLicense: 184302

Expertise.com Rating

Review Sources

Google
4.9 (143)
Facebook
5.0 (25)
Yelp
5.0 (1)

Why choose this provider?

DHL Mortgage caters to the needs of clients in Charlotte and its neighboring metropolitan areas. Its team of professionals offers a wide array of lending programs, including refinance and reverse mortgages, as well as home equity loans. The firm also provides FHA, VA, jumbo, construction, and investor loans. In addition, it handles conventional fixed-rate and adjustable-rate mortgages. The company’s managing partner, Benjamin Larrick, has more than a decade’s worth of experience in the mortgage industry.

  • New Construction

8832 Blakeney Professional Dr., Charlotte, NC 28277
WebsiteLicense: 102837

Expertise.com Rating

Review Sources

Google
5.0 (585)
Facebook
5.0 (122)
Yelp
4.2 (16)

Why choose this provider?

Fairway Independent Mortgage Corporation is an approved lender founded in 1996, providing home loans in Charlotte. It offers mortgage refinancing services and clients can opt for cash-out refinance, adjustable-rate mortgage, or fixed-rate mortgage. Its loan programs also include reverse mortgage, and conventional, jumbo, USDA, and FHA loans. The lender also caters to first-time homebuyers, eligible veterans, and those wanting to renovate their homes throughout North and South Carolina. Fairway Independent Mortgage Corporation has reached $17.5 billion funded mark in 2016.

  • Reverse Mortgages

828 East Boulevard, Suite 301, Charlotte, NC 28203
WebsiteLicense: 1190352

Expertise.com Rating

Review Sources

Google
4.9 (101)
Yelp
5.0 (1)

Why choose this provider?

Mecklenburg Mortgage offers services to clients in Charlotte. It provides mortgage refinancing solutions for individuals who are planning to change their loan terms, change their rate type, lower interest rate, or cash out. It helps clients qualify for a refinance loan, examining the payment history of their current home, their property's current value, and their credit score and credit history. Jeff Muth, the president of Mecklenburg Mortgage, has been a mortgage professional in Charlotte since 2003.

  • New Construction

201 S Tyron St Ste 1450, Charlotte, NC 28202
WebsiteLicense: 2322797

Expertise.com Rating

Review Sources

Facebook
5.0 (9)

Why choose this provider?

Grow Mortgage offers services to individuals in Charlotte, providing refinancing solutions to people looking to change their current loan program. It offers conventional mortgages for individuals planning to purchase an investment property, a primary residence, or a vacation home. It also provides FHA, VA, and non-QM loans. The company assists clients throughout the homebuying process, including pre-approval, searching for a property, and negotiating an offer. Reid Mckee, a senior mortgage planner with Grow Mortgage, has been a loan officer since 2016.

  • Reverse Mortgages

800 Westmere Avenue, Suite 300, Charlotte, NC 28208
WebsiteLicense: 1661781

Expertise.com Rating

Review Sources

Google
4.8 (1021)
Facebook
4.8 (116)

Why choose this provider?

Loan Pronto serves clients with mortgage needs in Charlotte. Its team of lending professionals assists customers in refinancing their mortgages in order to obtain lower interest rates and shorter terms. They also help with combining multiple mortgages for easier repayments and converting current loan programs from adjustable to fixed rates. The company aims to provide a timely closing by enabling borrowers to sign necessary documents from the comfort of their own devices. Loan Pronto offers various refinancing programs, such as FHA Streamline, IRRRL, and HARP.

  • New Construction

1111 Hawthorne Lane 2nd Floor, Charlotte, NC 28205
WebsiteLicense: 998768

Expertise.com Rating

Review Sources

Google
4.7 (104)
Facebook
4.9 (56)
Yelp
3.0 (2)

Why choose this provider?

QC Lending is a mortgage company that works with over 20 lenders to serve individuals and families in Charlotte. It offers refinancing services to homeowners who want to adjust their existing monthly mortgage payments based on current interest rates. Its loan officers also help prospective buyers find suitable properties to use as vacation homes, residences, or investment opportunities. The company has over 120 years of experience in the industry and serves 12 states across the country.

2120 Crown Centre Dr, Charlotte, NC 28227
WebsiteLicense: 2126883

Expertise.com Rating

Review Sources

Google
5.0 (48)
Yelp
4.7 (7)

Why choose this provider?

MVR Mortgage Company LLC is a brokerage based in Charlotte. It shares its expertise on mortgage programs and market conditions with homeowners looking at refinancing to obtain reduced interest rates, change mortgage length, or take out home equity. It helps customers compare and choose from 15-year and 30-year fixed-rate, adjustable-rate, VA, FHA, or jumbo loans. Additionally, MVR Mortgage Company provides public access to decision-making aids on its website, including refinancing analysis, payment calculator, and valuation estimate tools.

  • Reverse Mortgages
  • Refinance
  • Purchase

200 S. College St. Suite 1810, Charlotte, NC 28202
WebsiteLicense: 1831391

Expertise.com Rating

Review Sources

Google
4.9 (722)
Facebook
4.8 (18)

Why choose this provider?

PrimeLine Capital offers comprehensive assistance to Charlotte-based individuals and families regarding applications for loans and refinancing. Through the agency's partnerships with multiple mortgage companies across the nation, its staff provides clients with a diverse selection of financial programs. It caters to first-time homebuyers and those who seek conventional, jumbo, FHA, and VA loans. PrimeLine Capital is headed by Fernando Escaffi, who utilizes the finance-related knowledge he gained during his tenures at Wyndham Capital Mortgage and Red Ventures.

  • Reverse Mortgages

10700 Sikes Place Suit 310, Charlotte, NC 28277
WebsiteLicense: 1838270

Expertise.com Rating

Review Sources

Google
5.0 (94)
Facebook
5.0 (39)

Why choose this provider?

NoSo Funding assists Charlotte clients in refinancing their existing mortgages with the help of a new mortgage. The company's home refinancing process begins with data collection via the refinance analysis request, followed by providing clients with options, comparing mortgage interest rates, and allowing the client to choose which works best. Ricky Young, the owner of NoSo Funding, is a loan officer with experience in assisting people who are buying, selling, refinancing, or building their dream homes.

  • Reverse Mortgages

216 N McDowell, Charlotte, NC 28204
WebsiteLicense: 40030

Expertise.com Rating

Review Sources

Google
5.0 (374)
Facebook
5.0 (112)
Yelp
3.3 (4)

Why choose this provider?

Leverage Lending Group attends to the refinancing needs of individuals in and around the Charlotte area. Whether clients are refinancing to shorten mortgage terms, cash out from home equity, or reduce interest rates, the brokerage provides various options such as super jumbo, conforming, and FHA loans. Adjustable- and fixed-rate mortgages are also available. Company president Angelo Datseris is a Certified Residential Mortgage Specialist and Association of Independent Mortgage Experts member who has been working in the industry since 2003.

  • Reverse Mortgages

13860 Ballantyne Corporate Place, Suite 400, Charlotte, NC 28277
WebsiteLicense: 2020757

Expertise.com Rating

Review Sources

Google
5.0 (427)
Facebook
5.0 (5)

Why choose this provider?

Rosegate caters to clients in the Charlotte metro and the surrounding areas. It assists customers who own condominiums, multi-unit homes, single-family residences, and townhouses and are looking to refinance their mortgages. Its refinancing options allow clients to lower their rates and monthly payments or get a cash-out for debt consolidation or home renovation purposes. Its other loan products include conventional, FHA, jumbo, and VA loans. Rosegate brings over 30 years of experience in the industry.

  • New Construction
  • Reverse Mortgages

4064 Colony Rd. Morrocroft Floor 2, Charlotte, NC 28211
WebsiteLicense: 2948

Expertise.com Rating

Review Sources

Google
4.9 (2352)
Yelp
3.5 (160)
Facebook
4.0 (74)

Why choose this provider?

Wyndham Capital is a mortgage lending company that has been serving clients in Charlotte since 2001. It provides various mortgage types, including conventional, jumbo, FHA, adjustable-rate, VA, and USDA. It assists those looking to purchase single-family homes, mobile homes, townhouses, and condos. The company also offers refinancing services for lower monthly payments, better terms, or equity cash-outs. Wyndham Capital is headed by Jeff Douglas, who has been in the mortgage industry for over 25 years.

  • Multi-Family Loans
  • New Construction
  • Reverse Mortgages

2125 Southend Drive, Suite 451, Charlotte, NC 28203
WebsiteLicense: 842906

Expertise.com Rating

Review Sources

Google
5.0 (73)
Facebook
5.0 (10)

Why choose this provider?

Peak Financial Group has been serving the lending needs of real estate professionals, small business owners, individual homebuyers, and builders in Charlotte and its surrounding areas since 2011. The company helps clients manage existing mortgages and cash flow through refinancing. It assists with funding home improvements, paying off debts, consolidating mortgages, covering unexpected expenses, purchasing investment properties, and eliminating PMI. The company is a family-owned and operated business. Its team of loan officers has more than 40 years of combined experience in the mortgage industry.

  • New Construction

150 Providence Rd Suite 300, Charlotte, NC 28207
WebsiteLicense: 1236169

Expertise.com Rating

Review Sources

Google
5.0 (183)
Facebook
5.0 (9)
Yelp
4.5 (8)

Why choose this provider?

Lendscout is a residential mortgage company that serves homebuyers in Charlotte. It guides clients through the loan refinancing steps that include introduction and application, gaining approval, formalizing of loan, preparation of final documents, and signing of paperwork. The staff also offers home mortgage loans and veteran affairs loans. Lendscout is a team of home finance specialists with a combined experience of 45 years in the mortgage lending industry. It contributes to local businesses like Piedmont Culinary Guild.

  • New Construction
  • Reverse Mortgages

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 are the requirements to obtain an investment property loan in Charlotte?

    Investors planning to apply for a property loan in Charlotte must have a debt-to-income ratio of 36% or less and a credit score of at least 620. An investment property loan requires a 25% down payment for multi-family complexes and a 15% to 20% down payment for single-family residences. The investors must also present an estimate of the cost of necessary repairs in order to determine the home's after-repair value and have enough money to cover the mortgages for six months.

  • How much is the closing cost of residential properties in Charlotte?

    The average closing cost for a residential property in Charlotte is $2,802.91. The closing cost, on the other hand, varies depending on the home's purchase price, loan size, applicable concessions, and the homebuyer's credit profile. Closing costs include the lender's title policy, appraisal, home inspection, transfer tax, and settlement fees. Individuals in Charlotte, on the other hand, pay an average of $542.20 in closing taxes.

  • Who are qualified to apply for Single Family Direct Home Loans in Charlotte?

    Families with one to five members must have an income limit of $34,900 to $86,150 to apply for Single Family Direct Home Loans in Charlotte, while families with six to eight members cannot earn more than $57,850 to $105,300. Applicants must have the legal capacity to repay a loan, agree that the acquired property will be their primary residence, and have no sanitary housing. Direct home loan properties in Charlotte are not for commercial use.

  • How does an appraisal affect mortgages in Charlotte?

    In Charlotte, an appraisal is required for mortgage transactions because it determines the property value and assesses the overall condition of the home. An appraisal may affect the loan-to-value (LTV) ratio, which is calculated by dividing the loan amount by the appraised value; thus, if an individual has a lower LTV, such as 50% or 70%, their interest payments may be reduced. An appraisal in Charlotte is based on the property's amenities or characteristics as well as the outcome of the home inspection.

  • What mortgage programs are available in Charlotte for people purchasing a property that requires repairs?

    Fannie Mae HomeStyle renovation and FHA 203k are mortgage options for people looking to buy a property in Charlotte that needs an upgrade or renovation. These mortgage programs allow borrowers to improve their homes before moving in and can save loan approval by increasing the value of these neglected properties. The loan limit for an FHA 203k is $472,030 for single-family homes and $907,900 for four units, while Fannie Mae HomeStyle renovation can be used for garages and swimming pools in Charlotte.

  • 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.