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2024

Last updated:

Best Mortgage Refinance Companies in Salt Lake City

Our Recommended Top 6

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 Salt Lake City 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.

100Reviewed

62Curated

6Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
4568 Highland Drive, Salt Lake City, UT 84117
  • Reverse Mortgages

Why choose this provider?

Loan Remedy provides mortgage and refinancing solutions to clients in the Salt Lake City metro. It assists individuals who already have an existing loan by helping them secure lower interest rates and shorter loan terms, as well as combining two mortgages. The company takes into consideration a person's financial standing and handles the entire process, from comparing different options to dealing with the actual application and closing. Loan Remedy's programs include conventional, FHA, VA, and USDA loans.

License Verified:

License: 1827478

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 (234)

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
910 East 6600 South, Salt Lake City, UT 84121
  • Reverse Mortgages
  • NMLS #: 39166

Why choose this provider?

Mark Moyes - Intercap Lending offers refinancing solutions for home mortgages. It provides information to clients who are interested in refinancing and guides them through the process, often helping them to pursue specific benefits associated with refinancing such as lower payments, fixed interest rates, and the elimination of a need for mortgage insurance. This company frequently assists clients with special goals such as debt consolidation and offers alternative refinancing options such as points-based agreements and low-cost refinancing programs.

License Verified:

License: 267431

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 (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
445 East 200 South, Salt Lake City, UT 84111
  • Reverse Mortgages
  • NMLS #: 39166

Why choose this provider?

Wane Workman is a mortgage refinancing professional serving clients in Salt Lake City. Workman has been in the home loan industry for over 19 years, currently working as the branch manager for Academy Mortgage Corporation. He has been a President's Club Top Producing Loan Officer for the company for almost 13 years. Workman offers various loan options, such as conventional, jumbo, USDA, FHA, and VA loans. He handles all the paperwork, underwritings, and loan closings, striving to provide prompt services.

License Verified:

License: 224638

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 (117)
Facebook
5.0 / 5 (53)
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
6589 South 1300 East, Salt Lake City, UT 84117
  • Reverse Mortgages

Why choose this provider?

Salt Lake City-based mortgage refinance company Advanced Funding Home Mortgage Loans has been providing assistance in Utah mortgage loans and home purchasing since 1994. It offers a wide range of mortgages and refinancing options, including VA, FHA, conventional, cash-out, and debt consolidation. The firm serves experienced homeowners and first-time homebuyers and guides them in mortgage loan selection, the pre-qualifying process, and application. Its team of experienced loan officers has over 15 years of combined experience.

License Verified:

License: 13287

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 (38)
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
7351 Union Park Avenue, Midvale, UT 84047
  • New Construction

Why choose this provider?

United First Mortgage is a mortgage refinancing firm that specializes in home loans and refinancing options in the Salt Lake City area. The company comprises NMLS-certified loan specialists and real estate finance professionals committed to helping clients find the best option for their refinancing needs. Some of the firm's options include conventional loans, government loans, and specialty loans that can help reduce monthly payments, cash-out equities, or purchase new properties.

License Verified:

License: 288937

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 (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
500 North Marketplace Drive, Centerville, UT 84014
  • Reverse Mortgages
  • NMLS #: 39166

Why choose this provider?

America West Financial Home Loans is a mortgage refinance company that serves clients in Salt Lake City and its surrounding areas. The business helps clients in refinancing and selecting the right mortgage loans with the best interest rates. Its team of professional mortgage brokers handles various types of loans such as FHA, VA, home, conventional, construction, and reverse mortgage. Lee M Yates founded the company in 2003 after working as a certified mortgage advisor for several years.

License Verified:

License: 197615

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 (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.
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.
  • How does Salt Lake City's mortgage refinancing process work?

    A refinancing in Salt Lake City necessitates the homeowner to secure a new mortgage loan. The old mortgage debt is subsequently repaid using those funds, and the homeowner is then subject to the conditions of the new mortgage. Loan refinancing can possibly lower interest rates and enable homeowners to change mortgage products or shorten loan periods.

  • What are the loan terms for conventional refinance loans in Salt Lake City?

    The typical duration range for conventional loans in Salt Lake City is between 5 and 30 years, while in some cases, a 40-year term is possible. Depending on whether they adhere to the lending guidelines set forth by the Federal Home Loan Mortgage Corporation or the Federal National Mortgage Association, conventional loans may also be classified into conforming and non-conforming loans.

  • How are Salt Lake City residents able to get FHA mortgages at lower interest rates?

    Mortgages that are guaranteed by the Federal Housing Administration are known as FHA loans. Due to the protection that lenders enjoy, they may provide borrowers in Salt Lake City with more lenient loan qualifications and lower interest rates. Mortgage insurance is necessary for FHA loans, nevertheless, due to this backing.

  • What benefits can Salt Lake City homeowners get from fixed-rate loans?

    In spite of potential interest rate changes, Salt Lake City homeowners who choose a fixed-rate mortgage may take advantage of a principal and interest payment amount that won't vary over the duration of their mortgage. Payments are based on the principal loan amount, which is amortized throughout the loan period, and the fixed interest rate that was in effect when the loan was locked. 

  • What conditions must be met in Salt Lake City for an FHA cash-out refinance?

    FHA loans require the homeowner in Salt Lake City to maintain at least 15% equity in their house throughout a cash-out refinance. With this kind of refinance, homeowners should also be required to provide employment verification, complete proof of their income, and asset sharing. For those who need money to consolidate debt or make home upgrades, cash-out refinancing is a means to access the equity in their houses.

  • 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.