Expertise.com
2024

Last updated:

Best Mortgage Refinance Companies in Plano

Our Recommended Top 15

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 Plano 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.

154

Reviewed

98

Curated

15

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
2400 N. Dallas Parkway Suite 450, Plano, TX 75093

Why choose this provider?

American Financial Network in Plano is a mortgage banking firm serving individuals, families, and real estate professionals throughout the local metro. It offers and refinances various financial products in-house, such as conventional, FHA, VA, and USDA loans. Its mortgage staff keeps constant communications with clients, providing them with status reports regarding their loan throughout the transaction's process. Mortgage Executive Magazine included American Financial Network in its 2019 top 100 mortgage companies in America list and fast 50 fastest growing companies in housings list.

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
Google
4.8 / 5 (160)
Yelp
5.0 / 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
1220 Coit Road, Plano, TX 75075
  • Reverse Mortgages
  • NMLS #: 39166

Why choose this provider?

Stone Lake Mortgage is a mortgage refinance company in Plano. The company has a diverse offering of government-insured financing plans, including FHA, VA, USDA, and home improvement loans. It also offers conventional conforming loan options. Its team of loan specialists provides professional advice for first-time homebuyers purchasing a new home and helps customers with low credit ratings who want to achieve homeownership. Its clients can also start their prequalification using the company's online application system.

License Verified:

License: 341517

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 (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
3004 Communications Pkwy #200, Plano, TX 75093
  • Multi-Family Loans

Why choose this provider?

North Dallas Benchmark Mortgage delivers various loan and refinancing options to customers in Plano. The firm keeps track of current market rates by the minute and shares these trends to clients during the loan creation process. It also performs yearly in-depth reviews of customers' mortgages to keep them abreast of potential changes that need to be made. North Dallas Benchmark Mortgage's branch manager is Tom Sherman, who has been in the home financing industry for 18 years.

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
Facebook
4.9 / 5 (31)
Yelp
3.5 / 5 (6)
Google
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
6800 Weiskopf Avenue, McKinney, TX 75070
  • Reverse Mortgages
  • NMLS #: 39166

Why choose this provider?

The Richard Woodward Team NEXA Mortgage is a mortgage lender that deals with mortgage refinancing located in Plano. The company works independently thus providing an in-house system for processing. Its team is able to refinance mortgage loans and assist clients in purchasing a home with a reverse mortgage for an existing or new construction home. The business has been in the industry for more than 20 years, started as a small mortgage brokerage and is now a full-service mortgage lending entity.

License Verified:

License: 217454

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
Yelp
5.0 / 5 (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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1400 Preston Road, Plano, TX 75093
  • Reverse Mortgages
  • New Construction

Why choose this provider?

KT Mortgage Inc. is a mortgage provider serving homeowners in Plano. Owned by loan consultant Kent Taylor, the company develops custom refinancing plans for clients who wish to borrow against the value of their home, switch to better interest rates, consolidate debt, or eliminate private mortgage insurance. KT Mortgage issues classic home loans with either fixed or adjustable rates. Customers with low credit may be eligible for its government-insured FHA loans, which require minimal down payments and offer competitive interest rates. In addition, the company provides home loans for military veterans and reverse mortgages for senior citizens.

License Verified:

License: 1869059

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.
4.0
Yelp
4.0 / 5 (22)

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
2701 N. Dallas Parkway Suite 180, Plano, TX 75093
  • Multi-Family Loans

Why choose this provider?

Frisco Mortgage Guy caters to clients in the Plano metro and the surrounding areas. It helps homeowners save money and lower their monthly payments by offering mortgage refinance options. It also serves first-time and move-up homebuyers. The company assists them with the entire loan process, including the application, request processing, underwriting, and closing. Frisco Mortgage Guy has been in operation since 2003. It is a member of the Federal Deposit Insurance Corporation and the Frisco Chamber of Commerce.

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 (64)
Facebook
5.0 / 5 (27)
Yelp
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.
1.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
6010 W Spring Creek Parkway Suite 208, Collin, TX 75024

Why choose this provider?

AWay Home Loans offers mortgage and refinancing options to Plano residents. The company gives clients products such as fixed mortgages of over 15-30 year periods, adjustable-rate plans, jumbo, and USDA loans. It also has a calculator on its website for computing one's installments prior to meeting a consultant. AWay Home Loans is a member of the Association of Independent Mortgage Experts. Broker and owner Brandon Michael Dresner has over 17 years of experience in the refinancing industry.

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 (59)
Google
5.0 / 5 (45)

Website
5700 Granite Pkwy #200, Plano, TX 75024
  • New Construction

Why choose this provider?

WeDoLoans.com is a firm that handles mortgage refinancing cases in the area of Plano and its neighboring communities. It searches among various lenders for the lowest mortgage cost with an aim to save its clients frustration, time, and money. They help customers find the right mortgage and avoid wrong loans to help them steer clear of exorbitant interest payments. It also provides clients with custom plans. WeDoLoans.com has more than 18 years of experience in refinancing homes and navigating the loan process.

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 (115)
Facebook
4.9 / 5 (35)

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
7950 Legacy Drive, Plano, TX 75024
  • NMLS #: 39166

Why choose this provider?

JVM Lending is a loan company offering home mortgage refinance in Plano. Its advisors offer a 7-day service and respond within 60 minutes during business hours. The company helps with rate and term refinancing for homeowners seeking lower interest rates and shorter maturity options. Cash-out loans are available for customers who wish to borrow against the value of their property to prepare for large purchases or financial changes. It provides government-insured mortgages including FHA and VA loans. Jumbo loans can be issued for properties with values exceeding local limits on conforming mortgages.

License Verified:

License: 2015729

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
4.9 / 5 (1)
Yelp
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1370 Fairlakes Pointe Drive, Rockwall, TX 75087
  • Multi-Family Loans

Why choose this provider?

Eagle Mortgage, LLC, serves families and individuals in the Plano metro and nearby locations. It accommodates first-time homebuyers and returning applicants, helping them refinance their residential properties. The company assists clients in acquiring single- and multi-family homes, condominiums, manufactured homes, and townhouses. Its agents provide USDA, VA, and jumbo loan options. They also process interest-only, fixed- and adjustable-rate, and graduated payment mortgages. They evaluate customers' FICO credit scores and LTV and debt-to-income ratios to determine whether clients are qualified for the loan programs.

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 (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
5501 Independence Pkwy, Ste 102, Plano, TX 75023
  • Multi-Family Loans

Why choose this provider?

David Falk is a senior loan officer in the Plano office of Hometrust Mortgage Company. He is dedicated to helping clients fulfill their dream of homeownership by providing them with several loan programs. He guides clients in deciding whether an FHA, VA, USDA, or jumbo loan suits their needs. The professional also has fixed-rate and adjustable-rate mortgage options. Falk started in the home financing industry in the 1980s. He has been with Hometrust Mortgage for the past 14 years.

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
Google
4.6 / 5 (14)
Facebook
5.0 / 5 (7)

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
14673 Midway Road, Addison, TX 75001
  • Reverse Mortgages

Why choose this provider?

Berkshire Lending is a mortgage company serving communities in Plano. Its team of loan specialists helps clients find refinancing options with competitive interest rates and shorter maturity options. They carry different mortgage products, such as FHA, VA, jumbo, USDA, and reverse mortgages. Berkshire Lending also provides loan options for renovation projects and manufactured homes as well as pre-qualification letters. In addition, it issues traditional conforming loans with or without private mortgage insurance.

License Verified:

License: 506460

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 (32)
Google
4.4 / 5 (28)

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
3807 Wellington Drive, Richardson, TX 75082
  • Reverse Mortgages
  • NMLS #: 39166

Why choose this provider?

Park Cities Lending Inc. is a full-service mortgage company that offers home loans and mortgage refinancing services. The company offers mortgages with fixed, adjustable, and hybrid rates, and it also handles FHA, VA, interest-only, reverse, and special situation mortgages. Clients may also be eligible even if they've filed for foreclosure or bankruptcy, have a low credit score, or can't document their income. Park Cities Lending Inc.'s loan officers can help clients evaluate the various refinancing programs to determine the loans best suited to their needs.

License Verified:

License: 1465666

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.
4.0
Yelp
4.0 / 5 (22)

Website
1400 Preston Road Suite 290, Plano, TX 75093
  • Reverse Mortgages

Why choose this provider?

First Bank is a business that caters to homebuyers in the Plano area and the surrounding communities. It provides a variety of loan programs to help families and individuals obtain their dream investment properties. The company processes jumbo, conventional, bridge, portfolio, and construction mortgages. Its agents also assist clients in acquiring VA, FHA, and USDA loans. In addition, they handle rate and term and cash-out refinancing. First Bank has been delivering mortgage solutions for more than 100 years.

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
4.8 / 5 (112)
Google
5.0 / 5 (97)

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
5800 West Plano Parkway, Plano, TX 75093
  • Reverse Mortgages
  • NMLS #: 39166

Why choose this provider?

For over two decades, Willow Bend Mortgage has offered home mortgage refinance in Plano. The firm offers fixed-rate, adjustable-rate, FHA, VA, and cash-out loans. Its loan officers help customers decide if refinancing is right for them and guide clients through the refinancing process to reduce monthly payments, decrease payback periods, cash out their homes' equity, convert between fixed and adjustable rates, or lower interest rates. Willow Bend Mortgage offers an online refinance calculator to help clients understand the loan options that best suit their mortgage needs. It also allows clients to apply online or speak with a refinance specialist.

License Verified:

License: 117371

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
Yelp
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

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 can a homeowner in Plano apply for a USDA Streamline Assist loan?

    To apply for a USDA Streamline Assist loan, the USDA mortgage must first be at least a year old. Homeowners in Plano can refinance their primary residence under the USDA Streamline Assist loan program; they have to provide documents for the approval of their income, debt-to-income ratio, and credit and they have made on-time payments for at least six months prior to applying. The program is a recently improved refinancing product with greatly reduced fees and lenient eligibility requirements.

  • After closing a refinance transaction in Plano, can you still back out of it?

    Generally, you can cancel until midnight of the third business day since the closing of a refinance transaction in Plano. The three-day deadline will start once these three requirements are fulfilled from the borrower's end:

    • signing the promissory note
    • getting the Truth in Lending Disclosure or Closing Disclosure form
    • receiving a right-to-rescind notice Take note that business days include Saturdays but not Sundays or legal public holidays.
  • How can you quickly build equity on your home in Plano?

    There are several ways you can quickly build equity for your home in Plano. Some of these are making a substantial down payment, avoiding mortgage insurance, and paying off closing costs out of your pocket. When you refinance to a shorter loan term, you can also accumulate equity faster than you would in a long-term loan. Take note not to cash out your home's equity. Additionally, you can try to increase your home's value or wait for it to increase.

  • Can you apply for a home rehabilitation program in Plano instead of cashing out your home equity?

    For major renovations, you can apply for either the Great Update Rebate or the Housing Rehabilitation Program. Plano also offers Limited Repair Assistance and Emergency Assistance programs. These programs allow you to save some costs associated with the refinancing process for your rehabbing goals. There are eligibility requirements that apply which include income, property type, and residency. To get started, call a Housing and Community Services Coordinator at 972-208-8150.

  • Under the Texas Equity Loan law, what are the limitations on the fees to be shouldered by a refinancing borrower in Plano?

    Fees and charges may not exceed 2% of the original base loan amount, either directly or indirectly. This is regardless of whether the refinancing borrower in Plano paid in cash, financed it, or used a combination of these two. The fees included in the 2% limit under the Texas Equity Loan law are but are not limited to, recording charges and origination fees. Those excluded are property taxes, escrow funds, per diem interest, and survey fees.

  • 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.