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2024

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Best Mortgage Refinance Companies in Fargo

Our Recommended Top 7

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 Fargo 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.

55

Reviewed

35

Curated

7

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
Fargo, ND 58104
  • New Construction

Why choose this provider?

Wholesale Mortgage Team caters to local borrowers in Fargo. It collaborates with more than 170 lenders, enabling its mortgage professionals to compare and shop mortgage rates while avoiding increased profit margins charged by major financial institutions. It offers a variety of loans, including conventional, government-backed, commercial, construction, and non-qualified mortgages to customers looking to refinance or buy properties. In addition, the team strives to simplify the process by employing technology in the mortgage application process.

License Verified:

License: 2121957

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 (55)
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
4575 23rd Ave S #250, Fargo, ND 58104
  • New Construction

Why choose this provider?

Forward Mortgage offers refinancing assistance to homeowners in Fargo and the surrounding areas. The firm works with more than 100 investors to provide clients with a wide selection of loan programs. This helps them find suitable options that meet their specific needs, whether they are looking into reducing their interest rates, lowering monthly payments, consolidating debts, or cashing out a portion of their equity. Buyers of real estate properties, whether first-timers or seasoned investors, can also choose from the firm's wide array of loan programs.

License Verified:

License: 1797983

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.
4.7
Google
4.4 / 5 (6)
Facebook
5.0 / 5 (6)

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
2300 13th Avenue S, Fargo, ND 58103
  • Reverse Mortgages

Why choose this provider?

First Class Mortgage II is a locally owned company that has been working with clients in and around Fargo since 2003. It helps homeowners looking to refinance existing loans for various purposes, such as settling other mortgages, utilizing home equity, changing program type, lowering monthly payments, and removing mortgage insurance. The firm's financial representatives work to streamline procedures for borrowers by assisting and advising them from application to closing. Purchase loan programs for primary residences and investment properties are also offered.

License Verified:

License: 2520

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.
4.6
Google
4.6 / 5 (39)
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
1037 Riders Club Road, Fargo, ND 54650

Why choose this provider?

Imagine Home Lending provides mortgage refinance solutions to Fargo customers. Owner Chris Popp has over a decade of experience in the industry, assisting borrowers throughout the loan process. He evaluates his client's circumstances to find the loan option that suits their needs. These options include conventional, USDA, VA, and FHA loans. His company has partnered with Homes for Heroes, an organization that collaborates with lenders and Realtors who offer reduced service plans to active and veteran military personnel, teachers, firefighters, and healthcare workers.

License Verified:

License: 134666

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 (84)
Facebook
5.0 / 5 (12)
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
4520 19th Ave. S, Fargo, ND 58103
  • Reverse Mortgages

Why choose this provider?

Jason Thornton is a loan officer at Benchmark Mortgage who strives to meet the needs of homeowners in Fargo. He guides mortgage borrowers throughout the refinancing process, from pre-qualification and appraisal to underwriting and funding. Thornton creates solutions that fit each client's goals and assists in preparing the paperwork. Additionally, he helps veterans with refinancing through The Benchmark Veteran Promise program. The agent previously worked as branch vice president of Community First National Bank and has experience in construction, development, and commercial lending.

License Verified:

License: 2233917

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.
4.7
Google
5.0 / 5 (7)
Facebook
4.3 / 5 (7)

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
4170 41st Ave S Ste 102, Fargo, ND 58104
  • Reverse Mortgages

Why choose this provider?

Park Mortgage caters to people who are looking to refinance their existing homes, build their dream houses, or purchase properties in Fargo and its neighboring areas. Its team of experts offers refinancing solutions to help clients lower their monthly payments, reduce interest rates, remove mortgage insurance, and pay off their debts. The locally owned and operated firm provides a wide selection of refinancing programs, including traditional and cash-out, based on customers' credit scores. Park Mortgage was established in 2005.

License Verified:

License: 198814

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
Facebook
5.0 / 5 (16)
Google
5.0 / 5 (3)
Yelp
1.0 / 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
3315 45th Street South Suite 200, Fargo, ND 58104
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Valley Mortgage, Inc., is a mortgage lender that assists homeowners in Fargo who are looking to refinance their mortgages. It offers refinancing options for borrowers who currently have FHA, VA, conventional, or jumbo loans, allowing them to reduce their monthly payments, pay off their loans faster, or fund large expenses such as home renovations. The company, which has been in business since 1983, has partnered with Homes for Heroes to help people such as firefighters and teachers save money on homes.

License Verified:

License: 175746

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.
4.7
Google
4.8 / 5 (119)
Yelp
3.5 / 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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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 much equity do you need to refinance in Fargo?

    In Fargo, the equity required for refinancing in Fargo varies based on the specific type of refinance you are interested in. For conventional refinancing, it is generally expected to have at least 20 percent equity, whereas, with FHA cash-out refinancing, you are usually advised to retain 20 percent equity after completing the refinancing process.

  • Can you switch from an adjustable-rate to a fixed-rate mortgage when refinancing in Fargo?

    When considering refinancing in Fargo, it is possible to transition from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage. An ARM involves interest rate fluctuations based on market conditions, potentially leading to increases or decreases over time. By choosing a fixed-rate mortgage as part of your refinancing process, you can ensure a consistent interest rate.

  • Can you skip mortgage payments during the refinancing process in Fargo?

    Certain lenders often promote that you can skip a mortgage payment as you refinance in Fargo. However, this does not mean that you get a month without financial obligation; it simply means a month where mortgage payments are deferred. The payment is not waived, and you will still be responsible for the amount you owe.

  • Are you required to use the same lender when refinancing your mortgage in Fargo?

    No. In Fargo, you have the freedom to choose a different lender for refinancing. You are not obligated to stay with the lender you initially had for your mortgage. Whether changing lenders is a good idea depends on your personal priorities, financial goals, and circumstances. Before making the change, consider the potential benefits of securing a new interest rate and loan terms from another lender.

  • Do you need an attorney for the refinancing process in Fargo?

    While there is no strict rule mandating the involvement of a lawyer during the refinancing process in Fargo, it is highly advisable to hire an attorney who handles mortgage refinancing. Obtaining legal advice can provide valuable legal insight, ensure that your rights and interests are protected, and help you navigate potential legal complexities during the refinancing process.

  • 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.