Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Fayetteville

Our Recommended Top 4

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 Fayetteville 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.

94Reviewed

58Curated

4Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
2831 Arlington Avenue, Fayetteville, NC 28303
  • Multi-Family Loans

Why choose this provider?

Acopia Home Loans, which is located in Fayetteville, is an equal opportunity mortgage company that serves clients' purchasing and refinancing needs. The company designed a home loan program that caters to firefighters, veterans, educators, and medical workers. Its team of mortgage advisors is committed to making the loan process a positive experience and educating borrowers along the way. Acopia Home Loans was included in the National Mortgage News' list of best mortgage companies to work for in 2020.

License Verified:

License: 1275982

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.
3.9
Google
3.9 / 5 (11)

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
6200 Ramsey Street, Fayetteville, NC 28311
  • Multi-Family Loans

Why choose this provider?

Carolina Home Mortgage is a mortgage brokerage firm based in Fayetteville. It offers numerous types of mortgages, programs, and interest rates designed for first-time homebuyers, veterans, and rural area residents. Mortgage products include jumbo, conventional, FHA, VA, and USDA. The company also provides pre-approval or pre-qualification letter and credit score review services. Carolina Home Mortgage helps clients find the right loan for their condominiums, homes, and investment properties and also has offices in Chapel Hill and Pittsboro.

License Verified:

License: 45212

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 (45)
Facebook
5.0 / 5 (17)

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
225 Ray Avenue, Fayetteville, NC 28301
  • Reverse Mortgages
  • NMLS #: 39166

Why choose this provider?

Lendello Mortgage offers several solutions to first-time homebuyers and refinancers in Fayetteville and the neighboring areas. Apart from 15-year and 30-year fixed-rate mortgages, it also offers government-backed solutions, such as FHA and VA loans. Clients can also avail themselves of refinancing options that allow them to lower their monthly payments, pay off their mortgages faster, and consolidate their debt. General manager Jeffrey Jack has been in the industry for more than 20 years and mentors and coaches new loan originators.

License Verified:

License: 1491401

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.
4.5
Yelp
5.0 / 5 (22)
Google
2.0 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
4187 Sycamore Dairy Road, Fayetteville, NC 28303
  • New Construction
  • Multi-Family Loans

Why choose this provider?

Southern Trust Mortgage is a mortgage refinance company that services clients in Fayetteville. The company helps individuals choose the right loan option and guides them in the entire process. Its team of experienced loan specialists is well-versed in handling a wide range of mortgage loans such as the VA, FHA, USDA, and jumbo loans. This full-service company has been providing its services to the community since 1998, closing more than 65,000 loans in the decades.

License Verified:

License: 2921

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 (50)
Facebook
4.5 / 5 (1)
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

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.
  • Should you close a credit card account before applying for a Fayetteville mortgage loan?

    It wouldn't be advisable to close your credit card account before applying for a Fayetteville mortgage loan because doing so will change the mortgage's interest rate. Remember that closing a credit card account will affect your debt-to-available-credit ratio, which affects your credit score by 30%. It also has an effect on the span of your credit history, which impacts your credit score by 15%.

  • Is it wise to refinance your Fayetteville house if you intend to live there for a long time?

    Yes. If you intend to live in your Fayetteville home for a considerable amount of time, refinancing is a good way to save money. You can refinance your mortgage to make lesser payments over a longer period. It's crucial to consider the savings in relation to the expense and how long you intend to stay in your home.

  • How may a borrower in Fayetteville qualify for a VA loan?

    A borrower must satisfy one of the following conditions to be eligible for a VA loan in Fayetteville:

    • Have a spouse who perished in their duty or from disabilities incurred in their service.
    • Have completed six years of National Guard or Reserve service.
    • Completed 90 days of continuous active duty during a conflict.
    • Completed 181 days of active duty in a time of peace.
  • Is it possible to use a co-borrower's income to qualify for an FHA loan in Fayetteville?

    Yes, even if the co-borrower won't reside in the property, you can utilize their income to obtain approval for an FHA loan in Fayetteville. This is a wise course of action because an FHA loan requires a debt-to-income ratio of no more than 43%. The most significant benefit of an FHA loan is that you can put down 3.5% if your credit score is 580 or above.

  • What characteristics should you search for in a Fayetteville mortgage lender?

    You should search for a mortgage lender in Fayetteville that you feel comfortable working with. You should hire individuals who communicate clearly and promptly, as well as someone who consistently meets closing schedules. By reading the reviews of each lending firm you are considering working with, you can research these desirable characteristics.

  • 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.