Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Carrollton

Our Recommended Top 14

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 Carrollton 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.

83Reviewed

55Curated

14Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

325 S. Stemmons Frwy., Lewisville, TX 75067
WebsiteLicense: 316441

Expertise.com Rating

Review Sources

Google
4.7 (41)
Facebook
4.6 (14)
Yelp
5.0 (4)

Why choose this provider?

Global Home Finance caters to individuals in Carrollton who need mortgage and refinancing solutions. These options include jumbo loans, streamline refinance, and first-time homebuyer programs. Government-backed options from the FHA are available. The company also sponsors flexible products under the House For A Hero initiative, which are aimed at military service members. The company partners with Global Home Realty and Appraisal Management Corp. It has been open since 2007 and is also active in Georgia.

  • Commercial Loans

2418 Marsh Lane, Suite 104, Carrollton, TX 75006
WebsiteLicense: 238420

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Review Sources

Facebook
4.7 (22)
Google
4.5 (8)

Why choose this provider?

Just Mortgages serves Carrollton residents who wish to buy or sell real estate. Among its services is mortgage refinancing for clients with existing home loans. It helps borrowers find refinancing options that offer lower interest rates or allow them to withdraw equity from the property. The locally owned and operated company has 20 years of experience in residential lending. It is committed to helping clients achieve their real estate goals by adhering to its core values of honesty and integrity.

  • Reverse Mortgages
  • Multi-Family Loans
  • Commercial Loans

200 Bailey Avenue Suite 310, Fort Worth, TX 76107
WebsiteLicense: 222982

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Review Sources

Facebook
4.7 (235)
Yelp
4.0 (52)

Why choose this provider?

Neighborhood Loans serves the needs of clients in Carrollton and its surrounding communities. Its team of professionals provides assistance through the mortgage refinance process, including steps like application, loan estimate review, appraisal, and underwriting. The company offers an assortment of refinance products, including rate and term, cash-out refinance, and FHA streamline. In addition, it handles mortgage loan programs such as adjustable-rate, conventional, jumbo, HomePossible, USDA, and VA. Neighborhood Loans has more than a decade of industry experience.

  • New Construction
  • Reverse Mortgages

14673 Midway Road, Suite 216, Addison, TX 75001
WebsiteLicense: 506460

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Review Sources

Facebook
5.0 (36)
Google
4.4 (25)

Why choose this provider?

Berkshire Lending is a full-service independent broker catering to the mortgage needs of individuals and families in Carrollton. Its officers assist homeowners in refinancing programs such as jumbo or FHA loans. They design refinancing solutions for borrowers who are planning to cash out their homes, lower their terms and rate, or pay their property taxes. They guide clients throughout the refinancing process, from consultation and application to loan processing and closing. Additionally, Berkshire Lending provides online application options.

  • Reverse Mortgages

5220 Spring Valley Road Suite 602, Dallas, TX 75254
WebsiteLicense: 370420

Expertise.com Rating

Review Sources

Google
5.0 (8)

Why choose this provider?

Reliance Mortgage Company serves Carrollton residents seeking home refinancing. Its array of options includes FHA Streamline, cash-out home equity, and Jumbo refinance loans. The mortgage broker has been operating since 1989 with the goal of relieving Texans of the complex loan process through its access to multiple banks and updated financial tools for decision-making. Its staff leverages their knowledge of the law and financial sectors to track down loans that benefit the client's situation. It has closed over $8 billion in mortgage loans.

  • Reverse Mortgages

137 TX-121, #115, Coppell, TX 75019
WebsiteLicense: 1646419

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Why choose this provider?

Texas Star Mortgage serves clients in Carrollton who require loans and refinancing solutions. These choices include 15- and 30-year fixed mortgages and jumbo programs. Products backed by the government are available for members of the military establishment and participants in the agriculture sector. The company also has refinancing options to help clients reduce existing debt burdens. Loan originator Jennifer Galvan has been in the lending industry for three years. She transitioned to financing following a decade-long career as a public school teacher.

  • New Construction
  • Reverse Mortgages

15601 Dallas Parkway, Suite 500, Addison, TX 75001
WebsiteLicense: 729612

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Review Sources

Google
4.7 (14)
Yelp
5.0 (14)

Why choose this provider?

Homebridge caters to Carrollton clients looking to reduce their loan payments and lower their interest rates by providing mortgage refinancing services. Its team members also work with individuals planning to change their loan term from 30 to 15 years and those who want to eliminate a second lien. They provide a variety of loan programs, including government, FHA, VA, and USDA. The company was established in 1989 and currently employs over 1,000 associates in more than 90 retail branches across the nation.

  • Reverse Mortgages

937 Sir Constantine, Lewisville, TX 75056
WebsiteLicense: 2001451

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Austin Winans is a mortgage advisor that serves homebuyers and Realtors throughout the Carrollton area. He guides clients in making informed decisions regarding choosing a refinancing product that suits their needs. Winans provides customized mortgage solutions that help improve their financial status. Some of the products it offers are FHA and USDA loans, adjustable-rate mortgages, fixed-rate mortgages, and jumbo and super jumbo loans. Austin Winans has more than 10 years of real estate industry experience.

  • New Construction

5295 S Commerce Dr, Ste 205, Carrollton, TX 84107
WebsiteLicense: 1687346

Expertise.com Rating

Review Sources

Facebook
5.0 (19)
Yelp
5.0 (1)

Why choose this provider?

Robus Mortgage has been providing home financing services to clients in Carrollton and nearby cities since 2017. It helps homeowners or investors select suitable mortgages for their refinancing needs. It also aids clients in requesting cash-out refinances for their primary residences without having to prove their income beforehand. Owner and broker Jonathan Miller is an MBA degree holder who has been a mortgage professional for two decades. Over the course of his career, Miller has closed home loan agreements totaling more than $600 million.

  • New Construction
  • Reverse Mortgages

13140 Coit Road #223, Dallas, TX 75240
WebsiteLicense: 32139

Expertise.com Rating

Review Sources

Google
4.9 (120)

Why choose this provider?

Southwest Funding serves Carrollton residents who need home purchase loans, refinancing for lower interest rates, and cash-out mortgages. It carefully walks clients through the home loan application process, helping them make informed decisions about which options are best for them and their families. Southwest Funding is a member of the National Association of Mortgage Brokers and the Texas Association of Mortgage Professionals. CEO Joe Garrett has been in the industry for over 26 years and has been involved in over $1.8 billion in residential mortgage transactions.

  • New Construction
  • Reverse Mortgages

1800 Golden Trail Ct., Carrollton, TX 75010
WebsiteLicense: 152707

Expertise.com Rating

Review Sources

Google
5.0 (87)
Facebook
4.4 (34)

Why choose this provider?

Michael Inkman is a retirement mortgage specialist working with Fairway Independent Mortgage Corporation. He has been in the industry for almost three decades. Inkman helps borrowers understand financing options, including FHA, VA, conventional, and jumbo loans. He is also knowledgeable about reverse mortgages, which provide financing options for senior citizens. Inkman is a Certified Mortgage Advisor and a Certified Divorce Lending Professional. He assists clients, including first-time home buyers and investors, in Carrolton and surrounding areas.

  • New Construction

16950 Dallas Parkway, Suite 105, Dallas, TX 75248
WebsiteLicense: 316483

Expertise.com Rating

Why choose this provider?

Reliant Mortgage works with multiple lenders to help Carrollton homeowners with the refinancing process. Its mortgage advisors provide resources to assist clients in deciding to refinance current loans like FHA, VA, and fixed-rate. They guide clients when comparing terms or rates from different lenders and transacting with various parties, including real estate professionals and home sellers. In addition, Reliant Mortgage delivers customized loan options for first-time buyers looking for condos and single-family or multi-family properties.

  • New Construction

2301 Ohio Drive, Ste 138, Plano, TX 75093
WebsiteLicense: 247183

Expertise.com Rating

Review Sources

Google
4.8 (38)
Facebook
5.0 (12)

Why choose this provider?

Almega Mortgage supplies financial and lending services to the residents of Carrollton and the surrounding areas. Its mortgage programs cater to customers' home refinance, purchase, and equity needs. The company's team of senior loan processors helps clients secure the financial support they require for the properties they own or are seeking to purchase for residential, vacation, and investment purposes. Owner Mike Raitt, who has more than 20 years of experience in financing, founded The Almega Group of Companies in 2001.

  • Reverse Mortgages

Carrollton, TX
WebsiteLicense: 1515196

Expertise.com Rating

Review Sources

Facebook
4.9 (24)

Why choose this provider?

Scott Barnes is a Nexa Mortgage loan officer who serves first-time and move-up home buyers, homeowners who need refinancing, investment buyers, and seniors who would like to get reverse mortgages in Carrollton. He also serves community heroes, such as military personnel and firefighters.Scott spent over two decades in corporate America, bringing experience from mid- and senior-level corporate management as well as small-business ownership.

  • 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 are the advantages and disadvantages of refinancing a reverse mortgage in Carrollton?

    Refinancing a reverse mortgage in Carrollton enables adjustments to the rate and payment method, provides access to a greater portion of home equity, decelerates the decline of home equity, and has the potential to lower the loan's interest rate. Disadvantages include qualifying difficulty, additional fees, and the possibility of increased debt or complex loan repayment over time.

  • What differentiates a reverse mortgage from a cash-out refinance in Carrollton?

    Through a reverse mortgage in Carrollton, you're effectively borrowing against your home's value, with repayment deferred until the property is sold or you pass away. Seniors who wish to remain in their homes and don't require the additional monthly income from a conventional mortgage may find this to be a reasonable choice. Contrarily, a cash-out refinance enables you to access your home equity and use it for purposes like debt consolidation or home upgrades.

  • What are the reasons to consider a cash-out refinance in Carrollton?

    Compared to a traditional mortgage refinance, a cash-out refinance in Carrollton is less costly. A cash-out refinance bypasses third parties like the lender and instead deposits all funds directly into your bank account, unlike a traditional refinance that uses new loans to pay off the previous mortgage. This means no dealing with monthly payments or loan interest and no extra charges tied to this loan category.

  • What is a buy and hold loan in Carrollton?

    Buy and hold loans in Carrollton cater to investors aiming to retain and manage a property. These loans can also serve as a strategy to refinance a property from an existing loan or to secure funds for purposes like the following:

    • Essential property repairs.
    • Property enhancements, including new windows, AC units, or roofing.
    • Utilizing the cash-out to acquire additional investment properties.
    • Investing in the property using equity.
  • What is the highest possible cash-out refinance sum available in Carrollton?

    Your new cash-out refinance loan amount is generally limited to staying within the conforming loan limits in Carrollton. Only 80% of your home's value can be borrowed, and this percentage is often called the loan-to-value ratio. For example, you may get a loan for $400,000 on a $500,000 house. If your existing mortgage balance is $300,000, the cash-back portion would amount to $100,000.

  • 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.