Expertise.com

Best Mortgage Refinance Companies in Toledo

2024

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls
Mortgage Refinance Companies FAQs 〉

Providers

Last updated:

Website
5450 Monroe Street, Toledo, OH 43623
  • NMLS #: 39166

Why choose this provider?

Midwest Mortgage Investments Ltd. is a locally-owned mortgage refinance company in Toledo that specializes in home refinancing options in the area. In business for more than 20 years, it is composed of NMLS certified loan specialists who are proficient in various loan options for different mortgage refinancing needs. Its programs help clients reduce interest costs, convert adjustable-rate mortgages to fixed-rate mortgages, consolidate debts, and reduce mortgage terms. Midwest Mortgage Investments offers online application programs for easy application filings, credit checks, and preapprovals.

License Verified:

License: 123404

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
Facebook
4.4 / 5 (2)
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1021 Sandusky St Ste H, Perrysburg, OH 43551

Why choose this provider?

GVC Mortgage Perrysburg offers various loan and refinancing products to clients living in Toledo. The company delivers FHA, USDA, conventional, and jumbo loans with fixed or adjustable rates and covers properties ranging from small homes to larger lots. GVC Mortgage was opened in 1996 by siblings Mary Anne Wattleworth, Tammy Carey, and Bradley Voyles. The business has grown to include over 320 team members and has served over 48,000 borrowers across several professions, like doctors and military personnel.

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
4.8 / 5 (100)
Google
5.0 / 5 (89)

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
735 Victors Way, Ann Arbor, MI 48108
  • Commercial Loans

Why choose this provider?

Giniel Financial Group Mortgage is a team of home loan specialists serving Toledo and the surrounding locations. They offer various home refinance loans, which cater to clients looking to consolidate debt, change mortgage terms, and lower interest rates. These programs include conforming and fixed- and adjustable-rate loans. The mortgage professionals also help first-time and repeat homebuyers understand the various loan options available, whether they are considering applying for jumbo, super jumbo, USDA, or FHA loans.

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 (153)
Facebook
5.0 / 5 (49)

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
7461 Steeplechase Dr., Saline, MI 48176
  • Multi-Family Loans

Why choose this provider?

Affordable Mortgage Partners caters to clients in the Toledo metro and the surrounding communities. It offers mortgage refinance options, which help individuals consolidate high-interest debt, reduce their monthly payments, and pay off their home loans faster. The firm also serves first-time home buyers and provides loan programs such as 30-year fixed rate, FHA, and VA. In addition, jumbo, investment property, rehab, and USDA loans are available. Affordable Mortgage Partners has been in operation since 2012.

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

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
1715 Indian Woods Circle, Maumee, OH 43537
  • NMLS #: 39166

Why choose this provider?

Your Mortgage Group is a boutique company offering mortgage refinancing to residents of Toledo and the surrounding areas. Its loan programs comprise conventional loans, FHA loans, VA loans, and USDA loans. The firm also provides new construction loans, rehab loans, non-QM loans, and doctor's loans for newly licensed doctors. Its specialists are also experienced in reverse mortgages. Investors can also avail of the Investor Cash Flow Program, a loan which qualifies off the property's rent performance.

License Verified:

License: 1844646

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 (22)

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
6546 Weatherfield Ct. Unit C2, Maumee, OH 43537
  • Multi-Family Loans

Why choose this provider?

Capital Home Loans provides a variety of mortgage options for clients in Toledo. The company's mortgage offerings include VA loans for servicemen and women. USDA loans are also available for clients who are looking to purchase houses from rural areas. Other loan solutions include FHA and conventional mortgages. The company's team is also equipped to assist homeowners in reviewing their existing payment plans yearly and processing their mortgage refinancing needs.

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 (124)
Facebook
5.0 / 5 (39)

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
6 Park Lane Blvd. Suite 605, Dearborn, MI 48126
  • New Construction

Why choose this provider?

Sonic Loans is a home refinancing company founded by mortgage industry experts that serves clients in the Toledo metro and its surrounding areas. It aids clients in the refinancing process, including home refinancing analysis and mortgage interest rates and terms comparison. The company offers various options such as a five to 30 years fixed mortgage and an adjustable-rate mortgage, as well as FHA, VA, jumbo, USDA, HARP, and 203K loans. Sonic Loans also offers online loan applications.

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 (107)

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
735 Victors Way, Ann Arbor, OH 48108

Why choose this provider?

Parker McAndrews is a loan officer affiliated with Giniel Financial Group. He caters to clients in the Toledo metro and the surrounding areas. He offers mortgage refinancing options, which allow homeowners to cash out equity or save money with a lower interest rate. He educates clients on how to structure their financing and helps them get a better deal. In addition, McAndrews provides loan programs for first-time, investment, and move-up homebuyers. He also serves seniors who are seeking reverse mortgages.

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 (13)
Facebook
5.0 / 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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
13 N Washington St, Ypsilanti, MI 48197

Why choose this provider?

Homesure Lending is a mortgage company that caters to property buyers in the Toledo area and nearby locations. It provides a selection of loan programs to help individuals and families obtain their dream residential spaces and investment properties. The local business offers jumbo, conventional, FHA, VA, and USDA loans. Its loan officers also conduct HARP or streamline refinancing to determine clients' mortgage rates. Homesure Lending has been in the industry for more than five years.

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 (28)
Yelp
5.0 / 5 (7)

Website
15268 S. Monroe St. Suite 101, Monroe, MI 48161
  • Reverse Mortgages

Why choose this provider?

CrossCountry Mortgage Monroe, MI serves customers in Toledo. It offers mortgage refinance solutions, which include FHA cash-out refinancing, VA IRRRL, USDA rural streamline, and jumbo loans. It also provides purchase programs, including conventional loans, fixed-rate mortgages, and FHA and VA home loans. Its team has over 50 years of experience in mortgage refinancing. The company is an FHA-approved lending institution and a member of the Mortgage Bankers Association. It received a Customer Service Award from the Smart Business magazine in 2017.

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 (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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
3230 Central Park West #200A, Toledo, OH 43617

Why choose this provider?

Benchmark Mortgage Toledo has been serving families in the local metro since its foundation in 1999. The company works with clients who are looking to refinance mortgages. It helps citizens achieve their homeownership goals by offering over 250 unique mortgage programs, including VA loans. This lender employs a lifetime loan approach, which equates to providing continuous monitoring and support after closing a new home. The branch manager, Ron Erdmann, brings more than 40 years of experience in the real estate and mortgage lending businesses.

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
5.0 / 5 (16)
Facebook
4.6 / 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
141 Ecorse Rd, Ypsilanti, MI 48198
  • New Construction

Why choose this provider?

C&B Mortgage Solutions is a company led by a father-and-son team. It caters to customers in Toledo and the surrounding areas seeking mortgage refinancing options. Whether clients want to lower interest rates, consolidate debts, or take cash out, C&B's loan officers find refinancing solutions through FHA, VA, USDA, jumbo, and conventional programs. They also help citizens secure home purchase loans, including fixed-rate, adjustable-rate, and interest-only mortgages. The company has been serving the community since 2017.

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
4.3 / 5 (18)
Facebook
5.0 / 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

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.
  • When is the best time to refinance your mortgage in Toledo?

    An ideal time to consider mortgage refinancing is when interest rates are low. Refinancing under lower rates could mean reduced monthly payments or a shorter mortgage repayment plan. In some cases, mortgage refinance companies in Toledo can help you get refinancing shortly after a home purchase with lower rates. It is also an excellent time to refinance if you already have significant equity in your home. You may be able to get cash out of your equity along with refinancing.

  • What factors may block you from getting a cash-out mortgage refinancing loan in Toledo?

    Mortgage refinance companies in Toledo have differing requirements, but in general, factors that may restrict you from cash-out refinancing are a low credit score, insufficient home equity, and a high debt-to-earning ratio. Typically, your credit score needs to be over 580 to qualify for refinancing. If you don’t have enough equity in your home, getting a refinancing loan may take care of the mortgage balance but will not yield excess funds that can be cashed out.

  • How much will it cost to get a mortgage refinancing loan in Toledo?

    There are no-cost mortgage refinancing lenders in Toledo, but in general, lenders will charge 3%-5% of your loan amount. You have the option of including these fees in your refinancing loan, but it will increase your principal loan amount, and your house needs to have sufficient equity to do this. Contact a local mortgage refinancing company to know more about refinancing costs.

  • How about the VA Streamline refinancing loan, how much is its funding fee in Toledo?

    Loans under the VA Streamline Refinance Program have a funding fee of 0.5%. This applies to National Guards, Reservists, and active-duty veterans in Toledo. You don’t have to pay the funding fee out-of-pocket as it is rolled over into the refinance loan. Also, the funding fee is waived for veterans who suffered a disability from their service.

  • Who is qualified for RefiNow in Toledo?

    Toledo homeowners can qualify for RefiNow if they have a 620 credit score, a household income that’s 80% below the median income of the area, and zero missed payments on their mortgage in the past six months. Additionally, the property must be a single-family house that’s owner-occupied, and on a Freddie Mac or Fannie Mae mortgage. Multiple-unit residential properties like condos and duplexes are not qualified.

  • 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.