Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Allentown

Our Recommended Top 10

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 Allentown 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.

72Reviewed

47Curated

10Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
121 North Cedar Crest Blvd, Ste E, Allentown, PA 18104
  • Reverse Mortgages

Why choose this provider?

Stan Reinford is an Allentown-based loan officer representing Movement Mortgage. He assists borrowers with poor credit mortgages through refinancing options that consolidate debts, improve rates and payments, and generate cash from equity. He assesses whether clients are qualified for rate-and-term, cash-out, or streamlined loans depending on the type, rate, and age of their existing mortgages. He also provides funding options for new homes, condo units, and construction projects. Reinford supports the Movement Foundation's efforts to build self-sustaining schools, clinics, and housing projects in the community.

License Verified:

License: 262595

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 (8)
Google
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
682 N. Brookside Road, Suite 101, Allentown, PA 18106
  • Reverse Mortgages
  • New Construction

Why choose this provider?

Traditional Mortgage is an independently owned and operated lending entity that has been serving Allentown and the surrounding areas since 2016. It helps clients refinance different types of properties, including single-family homes, multi-family homes, and condos. It also offers refinance programs for second homes and investment properties. In addition, it assists with home loans such as conventional, FHA, VA, and jumbo loans. The loan officers of Traditional Mortgage have more than two decades of combined industry experience.

License Verified:

License: 1563424

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
Facebook
5.0 / 5 (9)
Google
4.0 / 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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3500 Winchester Road, Allentown, PA 18106
  • Reverse Mortgages

Why choose this provider?

The Michael Mann Team are professionals at Fairway Independent Mortgage Corporation who serve homeowners in Allentown. Since 2009, they have striven to meet the financing needs of borrowers who are thinking of refinancing existing loans or consolidating debts by searching for and providing the best rates. In addition, these specialists guide borrowers in navigating the refinancing process, starting from qualification and enrollment to closing. The team gives back to the community by supporting the cause of the American Warrior Initiative.

License Verified:

License: 141529

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
Facebook
4.9 / 5 (100)
Google
4.8 / 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
447 Chestnut St, Emmaus, PA 18049
  • Multi-Family Loans

Why choose this provider?

Benchmark Mortgage assists individuals and families purchase their homes in Allentown. The firm assists borrowers with current mortgage refinance to meet their financial objectives. Its agents offer more than 250 loan options and help customers to find the loan that suits their needs. The company's Lifetime Loan program gives customers post-closing customer care, market monitoring, and in-depth annual reviews of the client's loan. Benchmark Mortgage has over a decade of experience and provides customers with equal housing opportunities.

License Verified:

License: 681517

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 (39)
Facebook
5.0 / 5 (30)

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
1605 N Cedar Crest Blvd., Allentown, PA 18104
  • Reverse Mortgages

Why choose this provider?

Heroes First Home Loans is a local lender under Churchill Mortgage, exclusively catering to those who serve, protect, and care for their communities, such as Allentown. Its Heroes Protection Plus program provides specialty assistance for refinancing mortgages or purchasing a home. Its clientele includes educators, healthcare professionals, civil servants, firefighters, former and active military members, and members of law enforcement and the ministry. The company is staffed with home loan specialists that are also community servants.

License Verified:

License: 2192317

Nationwide Multistate Licensing System and Registry

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
2067 Walbert Ave, Allentown, PA 18104
  • Reverse Mortgages

Why choose this provider?

Allentown Mortgage Corporation provides solutions for clients looking to buy a new home. The company's mortgage professionals give useful information about mortgage products and loan financing instruments. They utilize tools to help narrow down the search for the loan program that suits their specific needs. Among the loan programs they have are adjustable fixed mortgages, debt consolidation, construction loans, 100% financing, and full doc and stated income. They assist in navigating various loan options, payment schedules, applications, and paperwork.

License Verified:

License: 103917

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 (9)

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
1019 W. Broad Street, Bethlehem, PA 18018
  • New Construction

Why choose this provider?

The Loris Lewis Team serves first-time buyers and long-time owners in and around Allentown. It provides various refinancing solutions to clients seeking to reduce their interest rates, revise their loan terms, consolidate debts, or take cash out of their home's equity for home improvements, unforeseen medical expenses, or college tuition. These include FHA 230k, FHA streamline, USDA Rural streamline, and VA interest rate reduction refinance loans. The company also offers several lending options to homebuyers, such as fixed-rate and adjustable-rate mortgages, jumbo, and conventional loans.

License Verified:

License: 133577

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

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
2 Windsor Plaza, Allentown, PA 18104
  • Reverse Mortgages

Why choose this provider?

Consumer Trust helps Allentown clients to make their dream homes come true through its refinance options. The agency follows a customer-centric culture when delivering mortgage options to new and existing home buyers. Its refinance options provide homeowners various benefits, such as shortened term, lowered payment, consolidated debt, secured rate, and removed PMI. In addition to refinance, it offers conventional, commercial, and government loans. Consumer Trust has been in the industry for more than two decades, helping families find the right financing solutions.

License Verified:

License: 185144

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 (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
612 Hamilton Street Suite 501, Allentown, PA 18101
  • Reverse Mortgages

Why choose this provider?

Michael Bower is a mortgage loan provider and branch manager of AnnieMac who serves prospective homebuyers in Allentown. He assists borrowers in refinancing existing mortgage loans, helping them access their properties' equity. Michael is an approved seller of Fannie Mae, Freddie Mac, and Ginnie Mae products. He also provides FHA, conventional, VA, USDA, jumbo, and renovation loans. Michael is certified by the NMLS. He makes his clients part of the loan process by consulting with them and informing them of their application status.

License Verified:

License: 128567

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 (74)
Facebook
5.0 / 5 (27)

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
100 W Main St 1st Floor, Bath, PA 18014
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Abacus Regional Mortgage delivers a variety of services to residents of Allentown. The company has government-backed programs aimed at military service veterans and their spouses. It supplies civilian home purchasers with conventional options that have up to 30-year periods. Builder lot and construction loans are available. Refinancing options are on hand for debtors with existing obligations. Abacus Regional Mortgage has been operating in its current location since 1993 and has since worked with more than 7,500 families.

License Verified:

License: 113984

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 (163)
Facebook
4.9 / 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
––

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.
  • Can you refinance an investment property in Allentown?

    Yes, you can refinance an investment property in Allentown. However, there are slight differences between refinancing an investment property and a primary residence. The loan-to-value ratio required for an investment property is between 70-75% for cash-out and rate and term refinancing. You will also need to provide proof of cash reserves for your monthly payments.

  • How do you refinance a mortgage in Allentown if you have a bad credit score?

    Having a bad credit score may prevent you from getting better offers for refinancing your mortgage in Allentown. Usually, a credit score of 620 is needed for securing a mortgage refinance. It is recommended that you try to improve your credit score before applying for a refinance loan in order to get better terms.

  • Is there a limit in Allentown for filing mortgage refinances?

    No, there is no limit on how many times you can file for a mortgage refinance in Allentown. However, you may need to review your current financial situation and determine if it will be beneficial to secure a mortgage refinancing. There is also a waiting period and you will need to pass the required equity and loan-to-value ratio set by the lenders.

  • Why you should consider refinancing your mortgage in Allentown?

    Refinancing your mortgage in Allentown can be financially beneficial for several reasons. You may be able to shorten your current mortgage from a 30-year term to a 15-year term and cut the interest rates. You may also secure a cash-out loan from your home equity and utilize the funds to acquire another property or fulfill other personal financial needs.

  • What should you consider before filing for a mortgage refinancing in Allentown?

    You have to consider a number of things before applying for a mortgage refinancing in Allentown. You need to determine how much the closing cost will be and if it will be financially feasible in your situation. Checking if your current mortgage has pre-payment penalties will also be a prudent thing to do before closing a deal. You must also consider how much equity you are going to lose with your new loan.

  • 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.