Expertise.com

Best Mortgage Refinance Companies in Chesapeake

Laurels
2023
Laurels

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Cornerstone Home Mortgage, LLC. logo
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License Verified:

License: 272287

Nationwide Multistate Licensing System and Registry

Cornerstone Home Mortgage, LLC.

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Chesapeake, VA 23322
  • NMLS #: 39166

Business Description

Cornerstone Home Mortgage LLC is a locally owned company that has offered home mortgage refinance in Chesapeake since 2005. Its experienced mortgage brokers assist homeowners considering refinancing to obtain better interest rates, lower monthly payments, or different loan terms. They can also help homeowners determine whether a fixed or adjustable rate and a 15-, 20-, or 30-year term is best for their situation. Cornerstone Home Mortgage offers conventional, jumbo, VA, and FHA loan options.

License Verified:

License: 272287

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 (1)
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
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Detail
Dragas Mortgage Company logo
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License Verified:

License: 396369

Nationwide Multistate Licensing System and Registry

Dragas Mortgage Company

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4532 Bonney Rd Suite A, Virginia Beach, VA 23462
  • New Construction

Business Description

For over 50 years, the Dragas Mortgage Company has been serving clients throughout Chesapeake. It guides property owners through the mortgage refinancing process and assists on issues involving home appraisal, document processing, and loan closing. The company has experience with different types of loan programs, like VHDA, FHA, and VA loans. It also deals with new home buyers and educates them on the pre-qualification process. Wayne Zubyk, its president, has spent more than three decades in the real estate industry.

License Verified:

License: 396369

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 (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
Farmers Bank Home Mortgage logo
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License Verified:

License: 41552

Nationwide Multistate Licensing System and Registry

Farmers Bank Home Mortgage

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2815 Godwin Blvd. Ste I-3, Suffolk, VA 23434
  • New Construction
  • Reverse Mortgages

Business Description

Farmers Bank Home Mortgage serves borrowers in and around Chesapeake. The firm offers refinancing solutions, providing clients with options to lower their interest rates, transfer from ARM to FRM, and shorten their loan durations. Its staff assists clients in evaluating their mortgage needs and developing a refinancing strategy. In addition, it provides construction, home equity, jumbo, USDA, and VA mortgage loans. The company is affiliated with Tidewater Home Funding, which was founded in 2000. It is also an equal housing lender.

License Verified:

License: 41552

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 (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.
4.0
Responsiveness
Friendliness
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Detail
––
Ronetta Sykes logo

License Verified:

License: 1490145

Nationwide Multistate Licensing System and Registry

Ronetta Sykes

425 West Washington Street, Suffolk, VA 23434
  • NMLS #: 39166

Business Description

Ronetta Sykes is a loan originator who works for First Home Mortgage and serves clients in Chesapeake. Ronetta assists homebuyers in securing financing and offers mortgage refinancing options for homeowners. She also serves as a board member and treasurer for Virginia Housing and Community Development Corporation. As a qualified trainer with VHDA, she aims to educate the public about homeownership and home financing. Working for First Home Mortgage has allowed her to help clients reduce their monthly payments and shorten their mortgage terms.

License Verified:

License: 1490145

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
5.0 / 5 (14)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Southern Trust Mortgage - Virginia Beach logo
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License Verified:

License: 2921

Nationwide Multistate Licensing System and Registry

Southern Trust Mortgage - Virginia Beach

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4433 Corporation Lane, Virginia Beach, VA 23462
  • NMLS #: 39166

Business Description

Southern Trust Mortgage specializes in providing home loans and mortgage refinancing options to clients in the greater Chesapeake area. It assist clients looking to consolidate debt or pay off their mortgages faster by using a number of mortgage refinancing options such as FHA or VA loans and adjustable-rate mortgages. The company offers reverse mortgage options to clients who wish to access their home's equity. Additionally, it provides USDA and jumbo loans for home purchases.

License Verified:

License: 2921

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
3.5 / 5 (13)
Facebook
4.4 / 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
Towne Bank Mortgage logo
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License Verified:

License: 512138

Nationwide Multistate Licensing System and Registry

Towne Bank Mortgage

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600 22nd Street, Virginia Beach, VA 23451
  • NMLS #: 39166

Business Description

Towne Bank Mortgage is a local mortgage company that coordinates with local Realtors, builders, and appraisers to assist homeowners in the Chesapeake area. The firm helps loan seekers determine mortgage refinancing options to help them reduce monthly payments, interest rates, and the repayment term. Clients seeking to keep their second mortgages intact may benefit from the company's subordination services. Towne Bank Mortgage provides conventional, FHA, and VA loans. It also offers USDA, jumbo, and reverse mortgages.

License Verified:

License: 512138

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 (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
Vantage Point Mortgage logo
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License Verified:

License: 1979521

Nationwide Multistate Licensing System and Registry

Vantage Point Mortgage

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615 San Pedro Dr, Chesapeake, VA 23322
  • Reverse Mortgages

Business Description

Vantage Point Mortgage helps clients in Chesapeake by acquiring accurate mortgage opportunities for home purchase and refinancing. It recommends different programs, options, and terms that benefit borrowers. The company offers mortgage home purchase, home refinancing, FHA, VA, USDA, jumbo loans, and fixed mortgages. Individuals aspiring to own homes for only a few years can opt for an adjustable-rate option, which offers lower interest rates than a fixed-rate mortgage. The loan officers assess clients' needs and objectives before offering solutions.

License Verified:

License: 1979521

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 (39)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
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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 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.

  • How does mortgage refinance work?

    The mortgage refinance process begins with choosing a broker and filling out loan application information. The process continues through underwriting and closing. The new mortgage is then used to pay off and close your original mortgage loan. This leaves you with a new loan and mortgage payment to manage each month.

  • When should you refinance a mortgage?

    If your credit score has improved or mortgage interest rates have dropped, refinancing can potentially save you money. Other reasons to refinance your mortgage include getting a fixed rate instead of an adjustable one or getting a shorter loan term. An increase in your home’s value that can let you access more equity is another reason to refinance.

  • How much does it cost to refinance a mortgage?

    The average cost to refinance a mortgage is $5,000. This amount varies, based on the state and county where the property is located and the loan amount. Common fees incurred when refinancing a mortgage include:

    • Appraisal fee
    • Broker’s fee
    • Credit check fee
    • Loan application fee
    • Recording fee
    • Title search and insurance fee

  • How soon can you refinance a mortgage?

    Some lenders make borrowers wait a minimum of six months before accepting a new mortgage refinancing application. However, when that happens, borrowers can check with other lenders to find one that doesn’t require a wait before refinancing. A mortgage refinance broker can guide you to lenders that allow immediate refinancing.

  • How long does it take to refinance a mortgage?

    The average amount of time it takes to refinance a mortgage is 45 days. In some cases, it may be possible to get it done faster. There also may be times when it takes longer to get a mortgage refinanced.