Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Edmond

Our Recommended Top 12

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 Edmond 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.

58Reviewed

39Curated

12Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

780 N. Sante Fe Ave, Edmond, OK 73003
WebsiteLicense: 1156754

Expertise.com Rating

Review Sources

Google
4.4 (13)

Why choose this provider?

Price Mortgage Group serves individuals and families in Edmond who are planning to refinance or purchase a home by applying for a loan. Its mortgage experts walk borrowers through the process of finding a program suited for their situation. They assist clients in a range of tasks, from assessing the loan amount they qualify for and completing a pre-qualification to applying and closing the loan. The company's website features various mortgage calculators, which include budgeting decision tools and analysis for renters.

  • New Construction

1501 S Ranchwood Blvd., Yukon, OK 73099
WebsiteLicense: 208913

Expertise.com Rating

Review Sources

Google
4.6 (23)
Facebook
5.0 (8)

Why choose this provider?

First American Mortgage, Inc, is a full-service lender that caters to the refinancing needs of clients in Edmond. It helps homeowners looking to cash out their home equity to consolidate debt or pay for large expenses such as unexpected medical bills or home improvements. The company also offers a variety of loan products, including FHA, VA, conventional, and rural development loans. First American Mortgage was awarded Medium Business of the Year for 2021 by the Yukon Chamber of Commerce.

  • New Construction

3401 NW 63rd St Suite 555, Oklahoma City, OK 73116
WebsiteLicense: 1151140

Expertise.com Rating

Review Sources

Google
5.0 (7)

Why choose this provider?

American Mortgage Bank provides refinancing opportunities to clients in and around the Edmond area. The company was founded in 2013 and is a subsidiary of the family-operated and family-owned First State Bank of Elmore City. American Mortgage Bank offers cash-out refinancing with various terms. It provides construction-to-permanent, conventional fixed-rate, FHA, Veterans Affairs, and USDA loans, as well as first-time home buyer loan programs. It also provides interest-only, investment and rental property, and super jumbo and jumbo mortgages.

  • Reverse Mortgages

1101 Sovereign Row, Oklahoma City, OK 73108
WebsiteLicense: 398026

Expertise.com Rating

Review Sources

Google
4.6 (21)
Facebook
5.0 (8)

Why choose this provider?

Max Mortgage assists clients throughout the Edmond metro and the surrounding areas with their refinancing needs. Its loan advisors help clients narrow down options based on their individual needs and goals, allowing them to compare products from various choices. Refinance programs are available for different types of properties, such as single- and multi-family homes, townhouses, and condominiums. Additionally, the company assists first-time homebuyers and seasoned investors with their mortgage needs. Services are also offered in Spanish.

  • New Construction

8309 S Pennsylvania Avenue, Oklahoma City, OK 73159
WebsiteLicense: 129122

Expertise.com Rating

Review Sources

Google
4.9 (880)

Why choose this provider?

Gold Financial Services has been serving homeowners and buyers throughout the Edmond metro and the surrounding areas since 1998. The firm's mortgage officers offer clients a selection of refinancing options, matching them with the loan program that best suits their individual needs and goals. Transactions are handled entirely in-house, from prequalification through and after closing. Gold Financial Services also takes care of the mortgage needs of clients in Arizona, California, New Mexico, Washington, and Tennessee.

  • New Construction

1605 Professional Circle, Office A, Yukon, OK 73099
WebsiteLicense: 1907

Expertise.com Rating

Review Sources

Google
4.2 (24)
Facebook
5.0 (7)

Why choose this provider?

Veterans United of Yukon, OK, caters to the home loan needs of those who have served or are currently serving in the military. It employs military advisors to educate veterans in Edmond and the surrounding communities on their VA home loan benefits. The professionals help military homeowners take advantage of lower rates and reduce their monthly mortgage payments through VA Streamline Refinance or VA Cash-Out Refinance programs. They also assist surviving spouses of veterans who died while serving or suffered from a service-connected disability.

  • New Construction

4801 Gaillardia Parkway, Suite 325, Oklahoma City, OK 73142
WebsiteLicense: 189903

Expertise.com Rating

Review Sources

Facebook
4.9 (86)

Why choose this provider?

The Hines Team provides mortgage services across Edmond and the neighboring areas. It serves homeowners needing mortgage refinancing assistance to change their types, minimize their monthly payments, and eliminate their private mortgage insurance expenses. It also guides them in applying for HomeStyle or FHA 203K loans to help obtain home improvement funds. The Hines Team has been operating since 1988. With more than 100 branches throughout the USA, the company has over 1,900 team members.

  • New Construction

11032 Quail Creek Rd, Suite 260, Oklahoma City, OK 73120
WebsiteLicense: 1588985

Expertise.com Rating

Review Sources

Facebook
5.0 (82)
Google
4.5 (8)

Why choose this provider?

Stout Lending is a mortgage broker providing conventional refinancing options for families in Edmond. The team helps clients with home cash-out refinances and renovation and improvement loans. It also assists with finding the right loan product for purchasing second homes and investment properties. Stout Lending was established by Christopher Herford, an entrepreneur and veteran in the finance industry. The company operates under the motto "love our neighbors as ourselves" as it provides its clients with residential and commercial loan products.

  • New Construction
  • Reverse Mortgages

17100 N. May Ave., Edmond, OK 73012
WebsiteLicense: 401420

Expertise.com Rating

Review Sources

Google
4.5 (8)

Why choose this provider?

Bankers Mortgage serves clients throughout Edmond and the surrounding communities. It guides homeowners in refinancing their current loan programs to minimize their interest rates and terms suitable for their financial goals. It also offers cash-out refinance for individuals wishing to obtain personal or home improvement funds from their equity. In addition, the company's team helps individuals and families apply for FHA, jumbo, conventional, and fixed-rate loans. USDA loans are also available for clients wanting to purchase homes in rural areas.

  • New Construction
  • Reverse Mortgages

2401 Tee Circle, STE 102B, Norman, OK 73069
WebsiteLicense: 398026

Expertise.com Rating

Review Sources

Facebook
5.0 (7)

Why choose this provider?

Executive Lending Group has mortgage refinancing options for clients in the Edmond area. These programs can be used for consolidating debts, lowering monthly amortization, reducing payment terms, and cashing out. Its customizable mortgages include FHA, Rural Development, VA, and reverse mortgages, as well as standard and high LTV conventional loans. Other services include sending and gathering monthly payment statements, maintaining payment and balance records, and collecting and paying taxes and insurance. Executive Lending Group is a locally owned and operated mortgage bank established in 1996.

  • Reverse Mortgages

Edmond, OK 73034
WebsiteLicense: 1551656

Expertise.com Rating

Review Sources

Facebook
5.0 (13)
Google
4.8 (6)

Why choose this provider?

Land Run Mortgage caters to clients in Edmond and nearby areas. The company's mortgage experts support homeowners who want to refinance their existing loans to pay down their balances and change the terms and interest rates. They also help individuals and families apply for a financing program to purchase a home. Some of the loans available are FHA and FHA 203k, VA, and USDA. The team works to simplify the borrowing procedure by narrowing down the choices and guiding customers with their financial decisions.

  • Reverse Mortgages

7805 S Pennsylvania Ave, Oklahoma City, OK 73159
WebsiteLicense: 2168006

Expertise.com Rating

Review Sources

Google
5.0 (4)

Why choose this provider?

Evolution Mortgage Group serves the needs of Edmond homeowners who want to improve their financial standing through refinancing. It offers programs for clients who want to pay off and consolidate debts, those who want to reduce their monthly payments and the length of their loans, and those seeking cash from equity. It helps clients choose the right program with the use of an analysis tool that let borrowers compare rates and terms. Purchase loans are also available.

  • 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 is included in your mortgage payment in Edmond?

    First, a mortgage payment in Edmond includes the principal, which is the amount that pays down your outstanding loan amount. Next, it includes the interest, which is the cost of borrowing money, as well as the necessary taxes. Lastly, some but not all loan programs will also require Private Mortgage Insurance.

  • How is conditional pre-qualification different from conditional pre-approval in Edmond?

    In mortgage processes in Edmond, conditional pre-qualification and conditional pre-approval are different. Pre-qualification offers a preliminary estimate of loan eligibility based on finances and credit. In contrast, pre-approval involves thorough documentation verification, leading to a more precise loan determination and reflecting a more substantial lender commitment. Basically, while conditional pre-qualification gives an early idea of eligibility, conditional pre-approval shows stronger lender confidence in providing the loan.

  • Can you lower your monthly mortgage payment in Edmond?

    You have options to decrease your monthly mortgage payment in Edmond. First, extending your loan term can lower payments, though it might raise total interest. Spending less on your property also reduces borrowing and subsequent payments. Evading private mortgage insurance necessitates a 20% down payment or equity, cutting costs. Consider loans with lower interest rates, even if they involve initial fees like points. Additionally, a larger initial down payment can reduce ongoing monthly payments.

  • What is the typical timeframe for the refinancing process in Edmond?

    Edmond's typical timeframe for completing the refinancing process spans approximately 15 to 30 days. It is important to note that this duration can vary based on various factors. These factors encompass crucial aspects such as the thorough appraisal of the property and the comprehensive evaluation of comparable properties within the same neighborhood.

  • How can you tell if you need a refinance in Edmond?

    If mortgage rates in Edmond have dropped or your home's value has appreciated, refinancing might yield savings or funds for enhancements. Also, assess your original mortgage duration and financial objectives. Prioritize getting pre-approved to gauge affordability, compare quotes from different lenders for optimal offers, and factor in all associated costs. Vigilantly read and comprehend loan terms before signing any agreement.

  • 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.