Expertise.com

Best Mortgage Refinance Companies in Alexandria

2024

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls
Mortgage Refinance Companies FAQs 〉

Providers

Last updated:

Website
2233 Wisconsin Ave, #232, Washington, DC 20007
  • Reverse Mortgages

Why choose this provider?

Chanin Wisler is a full-service mortgage lender serving customers in Alexandria and nearby locations. Chanin is a senior loan officer who assists clients needing a mortgage to purchase a home, refinance for a lower rate, or cash out a portion of the property. She works with first-time home buyers and thoroughly explains the procedure, guarding against errors that could cost clients in the future. In addition, she helps investors, move-up and second home buyers, and seniors seeking reverse mortgages.

License Verified:

License: 206900

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 (98)
Facebook
5.0 / 5 (72)

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
6924 A Little River Turnpike, Annandale, VA 22003
  • Reverse Mortgages

Why choose this provider?

Finance USA Corporation offers its services to clients in and around Alexandria. The company provides refinance, purchase, foreign national, FHA, HARP 2.0, and construction loans. Its team handles refinancing concerns such as private mortgage insurance, lower mortgage rates, and continuous adjustable rates. The company's network of lenders allows it to present more flexible options for clients who are in less-than-ideal situations. It also offers consultative services. The company has been providing mortgage solutions since 2006.

License Verified:

License: 135625

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
Google
4.8 / 5 (59)
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

Website
8444 Westpark Drive The Fourth Floor, McLean, VA 22102
  • Reverse Mortgages

Why choose this provider?

Thad Wise is a loan officer with First Savings Mortgage providing solutions to clients in and around Alexandria. He offers home refinancing services, assisting individuals in evaluating their mortgage payments and educating them on their options. He provides solutions for clients that are planning to take cash out from equity for future expenses or renovate their property to add value. Wise has been in the industry since 2005 and has served over a thousand clients.

License Verified:

License: 340921

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
Facebook
4.6 / 5 (28)
Google
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
6225 Brandon Ave # 410, Springfield, VA 22150
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Sai Mortgage Inc. assists Alexandria individuals in finding a mortgage product that meets their requirements and financial goals. It delivers a variety of loan programs, including imperfect credit loans for clients looking to refinance for debt consolidation, lower payments, and home improvement projects. It also carries various financial tools, such as interest and monthly payment calculator, to help clients make informed decisions throughout the refinancing process. Sai Mortgage offers its services in Urdu, Panjabi, Farsi, Arabic, Bangla, and Spanish.

License Verified:

License: 179997

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.
3.8
Google
3.8 / 5 (53)

Website
3975 University Dr, #230, Fairfax, VA 22030
  • New Construction

Why choose this provider?

Peace Home Lending offers mortgage refinancing solutions for clients in Alexandria. It assists borrowers seeking to change their adjustable rate mortgages to stable fixed-rate loans, shorten their loan terms, or reduce their interest rates. Its mortgage loan originators also provide guidance for homebuyers in choosing from a variety of loan options, such as conventional, FHA, and VA loans. Jeremy Harridath, the company's founder and CEO, has over nine years of experience in the mortgage industry.

License Verified:

License: 1826595

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 (87)
Facebook
5.0 / 5 (7)
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
7777 Leesburg Pike Suite 311N, Falls Church, VA 22043

Why choose this provider?

Nova Lending Group serves borrowers in Alexandria. Its professionals, who are well-versed in refinancing, extend their services by evaluating a homeowner’s mortgage needs and then drafting a plan for saving money. Nova Lending Group also offers construction loans to individuals who aim to put up a commercial building. In addition, it guides Airbnb property owners who are looking to refinance for extra cash or better terms and rates. One of its loan officers, Saugata Banerjee, has a Master’s degree in Business Administration.

License Verified:

License: 1812073

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

Website
7619 Little River Turnpike, Suite 350, Annandale, VA 22003
  • Reverse Mortgages

Why choose this provider?

Washington Mortgage Group gives Alexandria clients access to various loan programs, including refinancing options for single and multi-family homes, condominiums, and townhouses. The company aims to find its clients the lowest possible closing costs and loan terms through its traditional, adjustable-rate, interest-only, and graduated payment mortgages. Washington Mortgage Group also offers guidance for individuals with poor credit scores who wish to get a home loan. The company has been helping others own homes since 2005.

License Verified:

License: 210550

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
Google
4.6 / 5 (10)
Facebook
5.0 / 5 (3)
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
2121 Eisenhower Avenue Suite 200, Alexandria, VA 22314
  • New Construction

Why choose this provider?

SpringBank Mortgage provides home financing services to clients in Alexandria and the surrounding areas. It works to make the loan process simple for first-time home buyers who want to achieve their dream house and borrowers seeking to refinance an active mortgage. Purchasing and refinancing programs cover various types of properties, such as single- and multi-family residences, condominiums, and townhouses. The agency's mortgage specialists consult with clients one-on-one to create solutions that are tailored to their unique financing requirements.

License Verified:

License: 189829

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 (16)

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
10306 Eaton Place, Suite 100, Fairfax, VA 22030
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Shawn Barsness is a senior loan officer helping Alexandria clients when it comes to mortgage refinancing. He is known as “The Mortgage Ace” and has more than 12 years of experience in the industry. In all those years, he has helped numerous clients align their chosen mortgage loans and refinance with their financial and investment goals. His areas of expertise extend to loan origination, underwriting, processing, approving, and closing. Barsness has a master’s degree in business finance and also has experience with investing.

License Verified:

License: 67292

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 (300)

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
––

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.
  • In Alexandria, what are the closing costs of a cash-out refinance?

    In Alexandria, if individuals are refinancing their mortgages for lower interest rates, they may pay closing costs that range between 3% to 6% of their total mortgage amount. Individuals need to consider the amount of closing costs when deciding if a cash-out refinance is worth it, especially if they are planning to move soon.

  • When is the right time to refinance in Alexandria?

    You may want to consider refinancing in Alexandria if you need cash as soon as possible, you want to consolidate your debts, and you like to lower your interest rate or monthly mortgage payments. You can also apply for refinancing if you want to shorten your payment terms and get a variable-rate mortgage with better terms.

  • What makes jumbo refinancing different from other types of loans in Alexandria?

    Jumbo refinancing in Alexandria has more strict qualifying guidelines than other types of loans. To qualify for a jumbo loan, individuals must have liquid assets on reserve, a low debt-to-income ratio, and higher credit scores. Lenders also evaluate borrowers' credit scores and payment histories, savings and retirement accounts, and total monthly expenses and gross income per month.

  • What are the benefits of VA cash-out refinancing in Alexandria?

    VA cash-out refinancing in Alexandria allows borrowers to eliminate mortgage insurance if they have FHA loans or conventional loans with private mortgage insurance. They can also refinance a non-VA loan into a VA one. In addition, under VA's new lending rules, veterans can use 100% of their cash-out loans to fund their real estate investments and home improvement projects.

  • In Alexandria, for whom are debt consolidation loans intended?

    Debt consolidation loans are for individuals in Alexandria who are having difficulties making minimum payments on their debts. In addition, people can consolidate debts if they consistently make payments but are not seeing improvements in their loan balances. Debt consolidation allows borrowers to consolidate their obligations into one manageable loan.

  • 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.