Expertise.com

2024

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Best Mortgage Refinance Companies in Buffalo

Our Recommended Top 10

We did the research for you!

  • Licensing
  • User Reviews
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Our goal is to connect people with the best local professionals. We scored Buffalo 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.

151Reviewed

94Curated

10Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

1674 Empire Blvd. Suite 200, Buffalo, NY 14580
WebsiteLicense: 44812

Expertise.com Rating

Review Sources

Google
4.6 (10)
Facebook
5.0 (6)

Why choose this provider?

Preferred Mortgage Corporation of New York serves residential property buyers and owners in and around Buffalo. Its team helps clients refinance mortgages, whether they are looking to change loan types, lower monthly payments, or tap into equity. The mortgage advisors also provide assistance in applying for various home loan programs, such as jumbo, high-balance conventional, USDA, FHA, and VA loans. They also offer commercial mortgages. The company has been in service since 1992.

  • New Construction

416 Oliver Street, North Tonawanda, NY 14120
WebsiteLicense: 98185

Expertise.com Rating

Review Sources

Facebook
4.7 (27)
Google
4.8 (19)

Why choose this provider?

Cross State Funding is a mortgage resource firm that caters to the needs of clients in Buffalo and its surrounding metros. Its team of professionals offers various mortgage options, such as fixed-rate, adjustable-rate, interest-only, and graduated payment types. In addition, the local business deals with a selection of loan programs, including VA, USDA, jumbo, and FHA home loans. Cross State Funding utilizes a digital marketplace, enabling it to connect with investors and lenders, as well as banks.

  • Reverse Mortgages

5586 Main Street, Williamsville, NY 14221
WebsiteLicense: 77016

Expertise.com Rating

Review Sources

Google
4.9 (60)
Facebook
5.0 (25)

Why choose this provider?

Mainstream Funding Network, Inc., is a mortgage refinancing company established in 1991 that caters to the residents of Buffalo. Its team is composed of consultants and processors who have more than 40 years of industry experience. Mainstream Funding handles fixed-year, jumbo fixed-year, FHA, and VA mortgages. It also deals with reverse mortgages, debt consolidation, escrow waivers for taxes and insurance, and various housing programs. The company has streamlined applications for more than a thousand clients.

  • Reverse Mortgages
  • New Construction

60 Main Street Suite 3, Hamburg, NY 14075
WebsiteLicense: 53133

Expertise.com Rating

Review Sources

Google
4.1 (21)

Why choose this provider?

Founded in 2002, Solutions Home Mortgage, Inc. serves residents in Buffalo and its surrounding communities. Each of the firm’s loan officers has over 20 years of industry experience. Its professional team helps individuals understand the differences between conventional, FHA, and VA mortgage types. They also assist borrowers who are eligible for USDA mortgages. The company’s representatives support homeowners in refinancing their current mortgages. They also educate customers who want to pursue financially sound home purchasing decisions.

  • Reverse Mortgages
  • New Construction

3907 North Buffalo Street, Orchard Park, NY 14127
WebsiteLicense: 3502

Expertise.com Rating

Why choose this provider?

HB&O Funding Company is a mortgage refinance firm that has been serving clients in Buffalo for more than 39 years. Its mortgage specialists work with local and nationwide lenders to help homeowners achieve their refinancing goals. Its team helps clients with their home repairs and complete improvements to increase value. The company handles loan consolidation, payoff, and switch that suits the customers' financing needs. HB&O Funding Company also provides funds for retirement and to cover educational costs.

  • NMLS #: 39166

4498 Main Street, Amherst, NY 14226

Expertise.com Rating

Review Sources

Facebook
5.0 (47)
Google
5.0 (6)
Yelp
3.0 (2)

Why choose this provider?

L.W. Integrity Funding, LLC, is a lending company that caters to property owners and buyers in Buffalo and its surrounding areas. The firm provides a variety of mortgage programs such as conventional, FHA, VA, and USDA loans. Refinancing for first-time home buyers and pre-approval purchases are also part of its team's services. The business was founded in 2005 by Bobbie Lindner and Jeanne Wiles, and in 2018, Jeanne took over the firm as its sole owner.

1416 Sweet Home Road, Amherst, NY 14228
WebsiteLicense: 52412

Expertise.com Rating

Review Sources

Google
4.8 (38)

Why choose this provider?

Queen City Funding, Inc., is a professional mortgage refinance company specializing in residential mortgages to clients in Buffalo and the surrounding areas. The company offers mortgage refinancing that helps clients maximize their monthly income through lower mortgage payments. It also offers Quick Quote to ensure refinancing will save clients money. As a broker, Queen City Funding, Inc., can collaborate with a network of lenders as well. This enables the company to offer various loans, including adjustable-rate loans, fixed-rate loans, VA loans, and FHA loans.

  • NMLS #: 39166

1780 Wehrle Drive, Williamsville, NY 14221
WebsiteLicense: 33052

Expertise.com Rating

Review Sources

Google
5.0 (8)
Yelp
5.0 (8)

Why choose this provider?

Paragon Home Loans is a company in Buffalo that specializes in residential mortgage programs. The firm was founded in 1976 and has offices in eight different locations, where they help clients with their purchasing and refinancing needs. Its residential loan programs include VA loans, USDA loans, FHA loans, HomeStyle renovation loans, conventional loans, and HomeReady loans. The firm's mortgage professionals compare rates from multiple lenders and keep clients informed throughout the entire home loan process. Clients can process their applications online.

  • NMLS #: 39166

403 Main Street, Buffalo, NY 14203
WebsiteLicense: 37405

Expertise.com Rating

Review Sources

Google
4.9 (174)
Facebook
5.0 (8)
Yelp
1.0 (2)

Why choose this provider?

Hunt Mortgage is a mortgage refinance company that has been serving clients in Buffalo and surrounding areas since 1984. Its mortgage consultants use up-to-date digital technology to accelerate the mortgage process, deliver accurate rates, and help clients save money. Its refinancing options help clients lower payments, pay off mortgages faster, and consolidate debts. Hunt Mortgage's loan options include fixed-rate mortgage, VA home loans, specialty loans, jumbo, and VA loans. It also provides home buyers with low downpayment purchase options.

  • NMLS #: 39166

4240 N. Buffalo Road, Orchard Park, NY 14127
WebsiteLicense: 3254

Expertise.com Rating

Review Sources

Facebook
4.9 (255)
Google
5.0 (1)

Why choose this provider?

Premium Mortgage Corporation Orchard Park caters to homeowners in Buffalo who are looking for ways to refinance their loans. Its agents advise clients about their options in exploring options like switching to fixed-rate programs. They provide clients with a checklist of documents they need to gather to facilitate their applications. Premium Mortgage Corporation is a veteran-owned business that started in 1999. With its headquarters is located in Rochester, the organization also has offices serving consumers in other states like Massachusetts, Florida, and Vermont.

  • New Construction

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.
  • How do you know if you can refinance your mortgage in Buffalo?

    Determining your eligibility for mortgage refinancing in Buffalo involves a key factor: assessing how long you intend to stay in your current home. This timeframe should enable you to recoup the costs linked to the refinancing procedure. Engaging with a mortgage consultant is beneficial to assess your situation comprehensively and examine diverse options. These experts will delve into your financial details to guarantee that your decision aligns optimally with your objectives and specific circumstances, ensuring a well-informed choice regarding mortgage refinancing.

  • Does refinancing your mortgage allow you to consolidate your debt in Buffalo?

    Yes, refinancing your mortgage in Buffalo offers a pathway to consolidate debt. If you're considering significant expenses like college tuition or home improvements, tapping into your home's equity can provide credit for such needs. Notably, mortgage interest rates are often more favorable than other loans and are tax-deductible. This refinancing option empowers you to manage debt efficiently, taking advantage of lower rates and potential tax benefits while achieving your financial goals.

  • What is the best time to refinance your mortgage in Buffalo?

    The optimal period for mortgage refinancing in Buffalo is when there's a difference of approximately 2 percent in mortgage rates compared to your current loan rate. However, even a smaller 1 percent or less gap can be a viable option. The savings depend on income, budget, loan amount, and interest rate fluctuations. For personalized guidance, it's recommended to consult a trusted lender who can assist in calculating suitable options.

  • What does an APR stand for in Buffalo?

    In Buffalo, APR stands for "annual percentage rate." It shows the yearly cost of a mortgage, including interest and other charges. This helps compare different loans fairly and ensures lenders can't hide fees and provides a straightforward way to see the actual cost of a loan. To compare loans accurately, ask lenders for a cost estimate for the same type of loan and interest rate without non-loan fees like insurance or attorney charges.

  • What are the things you should consider before refinancing your home in Buffalo?

    Before refinancing your Buffalo home, carefully evaluate various factors. Start by assessing how long you plan to stay in your current residence, as a lower initial monthly payment after refinancing might not ensure long-term savings. Analyze fees and interest rates comprehensively with the help of a licensed loan officer to gauge if refinancing suits you and when cost recovery starts. Additionally, be well-informed about your credit score, review your report, fix errors, and maintain a positive score for better interest rates and refinancing terms.

  • 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.