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2024

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Best Mortgage Refinance Companies in Knoxville

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 Knoxville 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.

108

Reviewed

69

Curated

12

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
8351 East Walker Springs Lane Suite 200, Knoxville, TN 37923
  • Reverse Mortgages

Why choose this provider?

The Marissa & Margo Team serves clients throughout Knoxville. It offers mortgage refinancing products, including FHA and investment property financing, conventional and rural development to rural development lending, THDA, and VA loan programs. Its team assists clients in navigating these options and helps them in making a decision. Additionally, it provides loan options for first-time buyers and those relocating and refinancing their current homes. Marissa French and Margo Krogulski, the company's mortgage loan originators, have been serving the area for over 20 years.

License Verified:

License: 184740

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.
4.8

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
4707 Papermill Dr NW # 102,, Knoxville, TN 37909
  • New Construction

Why choose this provider?

Real Estate Finance Group caters to clients throughout the Greater Knoxville metro. It helps homeowners seeking to lower their interest rates, consolidate debts, make home improvements, or take cash out of their home's equity by providing them with refinancing solutions such as cash-out and no-cash-out refinance loans. It also offers various lending options for new homeowners, including jumbo, FHA, VA, USDA, and conventional loans. The company has been in operation for more than 20 years.

License Verified:

License: 176976

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
5.0 / 5 (13)
Facebook
4.8 / 5 (8)

Website
4707 Papermill Dr, Suite 102, Knoxville, TN 37909
  • New Construction

Why choose this provider?

Neal Bailes is a mortgage lender and founder of Real Estate Finance Group, serving families in Knoxville and the surrounding areas. He assists homeowners with mortgage refinancing, which helps lower monthly payments, consolidates debt, pays off the mortgage faster, or gets cash from equity. The company's mortgage solutions also include conventional, VA, jumbo, FHA, and interest-only loans. Neal has over 25 years of industry experience and has closed over $1 billion in real estate mortgage loans during his tenure.

License Verified:

License: 182249

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 (86)

Website
2160 Lakeside Centre Way Suite 100, Knoxville, TN 37922
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Foundation Mortgage in Knoxville is a mortgage brokerage providing loan and refinancing solutions to customers. It is headed by Nick Galbraith, a real estate lending expert with over 20 years of experience in finance. The company comprises over 10 NMLS-licensed loan officers that help clients apply for and process mortgage refinancing to shorten loan terms, lower interest rates, or tap into home equity for emergency funds. Foundation Mortgage has a podcast that teaches homeowners and homebuyers about loans and the real estate market.

License Verified:

License: 1387311

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 (128)
Facebook
5.0 / 5 (66)
Yelp
5.0 / 5 (5)

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
1508 Coleman Road, Knoxville, TN 37909
  • New Construction

Why choose this provider?

Keystone Mortgage is a mortgage brokerage that offers mortgage refinance solutions for Knoxville residents. It assists individuals seeking to refinance their homes in order to pay for mortgage insurance, obtain funds for home improvements, or consolidate debt. The company also offers FHA, VA, and USDA loans. Founder and President Matt Padgett, who was born in Knoxville, started the business in 2006 after being disappointed and irritated with the customer service he was given while purchasing a residential investment property.

License Verified:

License: 154880

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.
4.8
Facebook
4.9 / 5 (84)
Google
4.8 / 5 (32)
Yelp
1.0 / 5 (2)

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
6489 Quail Hollow Rd., Suite 106, Knoxville, TN 38120

Why choose this provider?

Wendy Thompson Lending Team is composed of mortgage brokers and lenders offering home refinancing options in Knoxville. The team works with any property type, including single or multi-unit family homes, townhouses, and condominiums. Its built-in online calculator gives clients the chance to review closing costs and compare multiple loan options. Wendy Thompson Lending Team believes in giving back to the community and supports causes from the Memphis Child Advocacy Center and The Cancer Card Xchange.

License Verified:

License: 1615561

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 (190)
Facebook
4.9 / 5 (99)

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
200 Prosperity Place, Knoxville, TN 37923

Why choose this provider?

CPF Mortgage provides solutions to customers in Knoxville and its surrounding areas. It offers home refinancing services, informing clients about the current rates and helping them adjust their current loan program to build more equity. It also provides cash-out refinance solutions for customers that want to replace their mortgages. The company offers 15-year fixed-rate, 30-year fixed-rate, and adjustable-rate mortgages. In addition, it provides USDA, VA, and FHA loan programs. Justin Kelly, the CEO of CPF Mortgage, founded the company in 2007.

License Verified:

License: 222883

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 (157)

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
8320 East Walker Springs Lane, Knoxville, TN 37923
  • Reverse Mortgages

Why choose this provider?

Mortgage Investors Group is a Knoxville-based mortgage lending company that helps borrowers find the right solution for their home-refinancing needs. Its team provides a wide selection of programs, including fixed and adjustable rate mortgages as well as conventional, FHA, and jumbo loans. In addition, the company has on-site underwriting and appraisal services. Since its establishment in 1989, its executives have held leadership roles with the Mortgage Bankers Association at the national, state, and local levels.

License Verified:

License: 34391

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.
4.8
Facebook
4.8 / 5 (203)
Google
4.9 / 5 (104)
Yelp
4.5 / 5 (6)

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
9821 Cogdill Road., Suite 2, Knoxville, TN 37932
  • Reverse Mortgages

Why choose this provider?

First Choice Lending Services, LLC, caters to individuals and families in Knoxville and the surrounding areas. It provides a selection of home loan mortgage products—such as FHA, Freddie Mac, property-only, home construction, reverse mortgages, and loans—for buyers with bad or no credit, and which can be utilized to refinance existing property ownership. The agency aims to establish long-term relationships with its customers by designing individualized loan plans specifically catered to their financial capabilities and lifestyle demands.

License Verified:

License: 473797

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 (560)
Facebook
4.9 / 5 (118)
Yelp
3.0 / 5 (2)

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
5319 Broadway, Knoxville, TN 37918
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Fountain City Finance Company has been serving hundreds of customers in Knoxville since 1991. The locally owned and operated firm has mortgage refinancing services to cater to individuals dealing with home foreclosures. It offers a selection of products, such as USDA, THDA, FHA, VA, and conventional loans. Its reverse mortgage refinancing is available for customers' residences, including single-family, multi-family, and double-wide manufactured homes. A previous client commended the senior loan officer Daryl Decosta and the crew for providing updates throughout the home purchase process.

License Verified:

License: 607765

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 (125)
Facebook
4.6 / 5 (33)
Yelp
2.5 / 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
520 West Summit Hill Drive SW, Suite 801, Knoxville, TN 37902
  • Reverse Mortgages

Why choose this provider?

Bradley Pruitt works under FirstBank Mortgage and serves the communities in and around the Knoxville metro. He offers refinancing solutions that help clients achieve their goals. These may include leveraging part of their home equity by getting cash back, lowering their monthly payments, or shortening their loan terms. Bradley has been with the company as a mortgage banker for more than 11 years. FirstBank Mortgage has assisted over 20,000 families and helped them save more than $400 monthly.

License Verified:

License: 1424132

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 (9)
Google
5.0 / 5 (5)

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
6000 Walden Drive, Suite 101, Knoxville, TN 37919
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Summit South Mortgage is a full-service real estate loan company headquartered in Knoxville that caters to aspiring homeowners. Its refinancing mortgage products offer clients the opportunity to reduce loan terms, debt consolidation, or lower interest rates. First-timers get complete assistance throughout the process, while experienced buyers receive more options and competitive rate quotes. The firm also accommodates commercial lending. Summit South Mortgage was established in 2002 by Lou Browning, who has closed more than $750 million in mortgage loans.

License Verified:

License: 168659

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 (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

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.
  • How does mortgage refinancing work for borrowers in Knoxville?

    When Knoxville homeowners refinance their existing mortgage loans, they are replacing an existing mortgage with a new one, typically with more favorable terms. Refinancing helps them save money by lowering monthly payments, reducing interest rates, and updating the terms of the loan. This can involve obtaining a new loan from the same lender or a different one.

  • When comparing interest rates, is the lowest interest rate the most favorable option for Knoxville homeowners looking to refinance their existing mortgage loans?

    Not always. A mortgage quote is composed of several dynamic parts, including interest rates, origination fees, and discount points. Typically, a quick-talking salesperson might identify the aspect a Knoxville borrower is focused on and present an appealing offer while keeping clients unaware of how the other elements might shift simultaneously. This could lead to surprises during the closing stage. Obtaining a comprehensive quote ensures that homeowners have a clear understanding of the situation.

  • Through which government agencies and loan programs are streamlined refinance loans accessible to Knoxville homeowners?

    Streamlined refinance options can be accessed via the FHA, VA, or USDA. For Knoxville residents, the FHA Streamline Refinance Program presents an opportunity to refinance with minimal documentation and eased underwriting prerequisites. Those eligible for the VA IRRRL program can achieve mortgage refinancing at a reduced interest rate. Meanwhile, the USDA Streamline Assist program offers homeowners the chance to capitalize on decreased interest rates, potentially leading to decreased monthly payments.

  • How do Knoxville homeowners who are planning to refinance their mortgages qualify for a fixed-rate mortgage?

    To qualify for a fixed-rate mortgage loan for refinancing, Knoxville homeowners must have a good credit record. A credit score surpassing 720 is a solid initial benchmark for a traditional fixed-rate arrangement. Financial institutions also seek a steady work background from borrowers. Sustained monthly earnings indicate the borrower's true capacity to meet the payments.

  • How does cash-out refinance work for Knoxville homeowners?

    A cash-out refinance enables homeowners in Knoxville to replace their current mortgage with a larger one. In the majority of cases, lenders cap the borrowing limit for a cash-out refinance at 80% of the loan-to-value ratio. This ratio is calculated using the present value of the home and the total outstanding mortgage balance on the residential property.

  • 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.