Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Columbia

Our Recommended Top 13

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 Columbia 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.

79Reviewed

52Curated

13Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

3300 Millwood Avenue, Columbia, SC 29205
WebsiteLicense: 2668

Expertise.com Rating

Review Sources

Google
5.0 (103)
Yelp
5.0 (1)

Why choose this provider?

Mortgage Network, Inc. is a Columbia-based company that was founded in 1988. Its agents navigate clients throughout the refinancing process and introduce them to loan programs such as jumbo, renovation, state housing, VA, and FHA loans. The firm has over 36 offices in 26 states that work together to donate food to those in need and build homes for local veterans who have been injured while on duty. Mortgage Network also creates welcome kits for children who arrive at shelters in need of necessities.

  • New Construction

2330 Devine St, Columbia, SC 29205
WebsiteLicense: 229932

Expertise.com Rating

Review Sources

Google
5.0 (38)
Facebook
5.0 (10)

Why choose this provider?

Foundation Mortgage Corporation is a Columbia-based service provider offering boutique solutions for homeowners in the metro. The company assists mortgage owners in converting to refinancing programs for loans such as conventional, USDA/rural housing, VA, and FHA. Its team of advisors guides clients in choosing from various downpayment options, preparing documents, and navigating the refinancing process. Founder James Fleshman II has been in the mortgage industry since 1991 and is a member of the Central Carolina Realtors Association.

  • New Construction
  • Reverse Mortgages

1519 Richland St, Columbia, SC 29201
WebsiteLicense: 901285

Expertise.com Rating

Why choose this provider?

Dapper Dave Taylor serves clients in the Columbia metro and the surrounding areas. He assists homeowners in refinancing their property and helps them save more money with lower interest. He also helps structure the new financing to aid clients in making the most out of the deal. He caters to real estate investment buyers and guides them to secure low-rate financing to maximize their ROI. In addition, he attends to senior citizens who are seeking reverse mortgages.

  • Reverse Mortgages

1500 Richland St., Columbia, SC 29201
WebsiteLicense: 66708

Expertise.com Rating

Review Sources

Facebook
4.6 (135)
Google
4.2 (65)
Yelp
2.5 (7)

Why choose this provider?

For over 30 years, Midland Mortgage Corporation has been providing refinancing services to the residents of Columbia. It offers mortgage refinancing options that present an opportunity to obtain a fixed-rate loan, reduce interest rates, or adjust the overall loan plan to meet the client's financial circumstances. Its team of loan officers analyzes its clients' situations to recommend appropriate refinancing options while providing guidance throughout the process. Midland Mortgage Corporation is affiliated with the Mortgage Bankers Association of the Carolinas, Inc.

  • New Construction

2717 Devine Street, Columbia, SC 29205
WebsiteLicense: 283753

Expertise.com Rating

Review Sources

Google
5.0 (152)
Facebook
5.0 (62)
Yelp
5.0 (1)

Why choose this provider?

Cain Mortgage Team offers refinancing and loan programs to home purchasers in Columbia. The firm has government-backed USDA and VA options. Conventional and jumbo loans are available as are reverse mortgages that have the benefit of non-taxable proceeds. The crew maintains an online calculator to give consumers preliminary information before conversing with a counselor personally. Cain Mortgage Team's clientele includes first-time buyers and those with existing obligations that need to be rearranged with less burdensome terms.

  • Reverse Mortgages
  • New Construction

801 Gervais Street, Suite 102, Columbia, SC 29201
WebsiteLicense: 397092

Expertise.com Rating

Review Sources

Facebook
4.8 (46)
Google
5.0 (4)

Why choose this provider?

Lee Pelham is a loan officer at Intercoastal Mortgage, LLC, where he assists clients in Columbia looking for mortgage refinancing options. After assessing their financial status and credit profile, he discusses the available avenues that can reduce the clients' interest rates and monthly dues. Lee aims to facilitate a smooth and productive loan application process. The agent helps real estate owners determine if they are qualified to refinance their property or take equity out of it.

  • Reverse Mortgages

3102 Millwood Avenue, Columbia, SC 29205
WebsiteLicense: 263032

Expertise.com Rating

Review Sources

Google
5.0 (41)
Facebook
5.0 (12)

Why choose this provider?

Golden Gate Mortgage Inc. provides services to homeowners and first-time homebuyers in the Columbia metro and the surrounding locations. It helps clients with refinancing to have lower monthly payments, find other loan options, and reduce interest. Its mortgage brokers help clients calculate and discuss options and process applications. They have access to a variety of loan programs, including FHA, USDA, VA, fixed-rate mortgages, and adjustable-rate mortgages. The mortgage company has been in business since 1999.

  • Multi-Family Loans

1703 Gervais Street, Columbia, SC 29201
WebsiteLicense: 664094

Expertise.com Rating

Review Sources

Google
5.0 (12)
Facebook
4.3 (7)

Why choose this provider?

Bryan Baldwin is a PrimeLending loan originator who serves individuals and families within Columbia. He has assisted at least 1,000 clients using a variety of loan plans, including those that involve refinancing, for over 14 years. He works with applicants in determining an option that suits their long-term goals, such as improving interest rates, lowering monthly payments, and obtaining cash-outs. His recommendations are drawn from a selection of at least 400 programs that are supported by various mortgage lenders.

  • New Construction

708 Lady Street, Columbia, SC 29201
WebsiteLicense: 1339801

Expertise.com Rating

Review Sources

Facebook
5.0 (40)
Google
4.4 (18)

Why choose this provider?

Resource Financial Services, Inc., provides services to clients across Columbia and the surrounding areas. It offers mortgage refinancing services to help homeowners change their rates and terms, lower their monthly payments, and consolidate their debts. It also allows them to obtain cash for college tuition fees, home improvements, and medical expenses. The company's president and CEO, A. Wade Douroux, has more than 17 years of mortgage experience. He also extends his services to various states, including North Carolina, Alabama, Florida, Kentucky, Tennessee, and Georgia.

  • New Construction

6140 St. Andrews Rd, Columbia, SC 29212
WebsiteLicense: 803458

Expertise.com Rating

Review Sources

Facebook
4.8 (40)
Google
4.6 (22)

Why choose this provider?

Mortgage Options offers refinancing solutions to homeowners in the Columbia metro. Its officers assist clients who are looking to refinance their existing mortgage to get lower interest rates or pay off loans early. They guide borrowers in choosing from term and interest rate options. In addition, the staff provides the FHA Streamline Refinance package program. The company was established in 2013 and is a member of the Greater Columbia Chamber of Commerce, NAMB, and HBA.

  • New Construction

173 Waterstone Dr, Lexington, SC 29072
WebsiteLicense: 195469

Expertise.com Rating

Review Sources

Facebook
5.0 (6)
Google
5.0 (2)

Why choose this provider?

Edens & White Mortgage assists Columbia homeowners in refinancing their home mortgage. It collaborates closely with clients to understand their current situation and make an informed decision about which option best meets their needs. The firm's team, which has more than 75 years of combined industry experience, provides refinancing solutions that allow homeowners to lower their monthly rates. Clients can also visit the company's website's mortgage refinance center for up-to-date resources on various loan programs. Edens & White Mortgage was founded in 1998.

  • New Construction
  • Reverse Mortgages

7223 St Andrews Road, Columbia, SC 29212
WebsiteLicense: 296204

Expertise.com Rating

Review Sources

Facebook
5.0 (38)
Google
4.7 (13)

Why choose this provider?

For over two decades, Metro Mortgage has been working with clients in the Columbia metro and the surrounding communities. The company assists homeowners through the process of refinancing their loans. It has experience changing the terms of mortgages insured or guaranteed by federal agencies like the FHA and VA. It also helps individuals acquire rural properties through loans backed by the USDA. Metro Mortgage maintains a website with online calculators to assist clients in making decisions.

  • New Construction
  • Reverse Mortgages

3101 Carlisle St., Columbia, SC 29205
WebsiteLicense: 224519

Expertise.com Rating

Review Sources

Google
5.0 (45)
Yelp
5.0 (2)

Why choose this provider?

Gulfstream Mortgage has been serving Columbia residents since 1991. Led by owner and loan officer Bob Graybill, it helps homeowners reduce their interest rates and monthly payments, consolidate their debts, revise their loan terms, and cash out their equity through mortgage refinancing. The company offers various loan options such as fixed- and adjustable-rate mortgages, VA, and FHA loans. Reverse mortgages are also available. Gulfstream Mortgage's team members work closely with customers throughout the loan process, including pre-qualification, application, processing of the estimated loan, and closing.

  • 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.
  • When refinancing your house loan in Columbia, can you skip some months of your mortgage payments?

    Yes. You can avoid one to two months of mortgage payments when you refinance your home loan in Columbia. This is especially useful during the holidays when you give gifts to your family and yourself. Additionally, you can have cheaper monthly payments with a refinancing loan than with your present mortgage.

  • What conditions must you meet to be eligible for the FHA streamline refinance program in Columbia?

    To qualify for the FHA streamline refinance program in Columbia, you must fulfill the following requirements:

    • It must be more than 210 days since your last refinance.
    • The mortgage you have now must be FHA-insured.
    • You have a FICO credit score of 620 or above.
    • For the previous 12 months, you must have paid your mortgage on time and in full. If you satisfy all of these criteria, you can start researching lenders and interest rates.
  • Is it still possible to refinance in Columbia although your home has a second mortgage?

    Yes. Second mortgages in Columbia are often repaid through the refinancing procedure. A lender may combine both loans into a single new mortgage, requiring you to make a single payment monthly. If, however, you'd prefer to maintain your second mortgage intact, you must request to your second mortgage lender to continue maintaining their position while allowing a different lender to refinance the initial loan.

  • What are the fees for refinancing in Columbia?

    The costs involved with refinancing in Columbia vary depending on the lender, however there are some basic costs that apply to all lenders. Included in these costs are third-party expenses like escrow, title, notary, credit report, and recording fees. There are additional costs as well, such as the points to lower the rate, closing costs, lender fees, interest, appraisal charge, and homeowners insurance.

  • What is the normal time frame for Columbia conventional mortgage loan refinancing?

    There is often a period of six months waiting time if you choose the same provider to handle your conventional mortgage loan refinance in Columbia. The only exception is if you want to refinance your property for cash. For a cash-out refinance in Columbia, you must have owned the asset for a minimum of six months unless you got it as part of a divorce settlement or as an inheritance.

  • 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.