Expertise.com

2024

Last updated:

Best Mortgage Refinance Companies in Hampton

Our Recommended Top 11

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 Hampton 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.

82Reviewed

53Curated

11Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
4461 Cox Road, Glen Allen, VA 23060
  • Construction
  • Bank Statement Loans for Self-employed
  • NMLS #: 1522344
  • Refinancing
  • Residential Mortgages
  • NMLS#: 148028
  • Purchase Mortgage and Refinance
  • Conventional
  • Purchase
  • Home Equity Cash Out
  • Commercial Financing
  • Investment Home Opportunities
  • Purchased Mortgage
  • VA Home Loans
  • NMLS #: 1820
  • Investor Loan
  • DSCR
  • Home Purchase
  • Purchases
  • Reverse Mortgages
  • Mortgage Broker
  • Purchase Refinance
  • Conventional Loans
  • Education
  • Home Loans
  • New Purchases
  • Investment Buyers
  • Residential
  • Refinance
  • Jumbo Loans
  • Private Lending
  • Mortgage Refinance
  • New Construction
  • Renovation Loan
  • NMLS# 1005078
  • Purchase Transactions
  • Alternative Income Documentation Loans
  • Government Programs
  • Hard Money Loans
  • Commercial
  • Mortgage Lender
  • Government
  • Cash-out Refinance
  • NMLS #181106
  • NMLS#: 1833428
  • Resale Purchase
  • First Time Home Buyers
  • NMLS # 331480
  • Purchase and Refinance
  • Divorce Mortgage
  • Multi-Family Loans
  • Commercial Loans
  • FHA Loans
  • Conventional Lending
  • NLMS# 209402
  • VA Loans
  • NMLS#376205
  • NMLS# 208913

Why choose this provider?

Capital Center assists real estate investors in Hampton with existing home loans. It offers refinancing solutions, including standard and cash out. Its officers consider clients' loan programs like conventional, FHA, and VA, property use and type, and term years in strategizing financial plans. Founder and president Gary is a lawyer with 20 years of legal experience. He established Capital Center in 1997 to protect clients in the home purchase decision-making process. He provides personal services by being involved in the firm's day-to-day operations.

License Verified:

License: 67717

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
Google
4.6 / 5 (229)
Yelp
4.0 / 5 (9)

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

Price: Free quote

Hampton, VA

Why choose this provider?

Need help contacting a Mortgage Refinance Company in Hampton? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

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

Price: Free booking service | Call 848.Book.Pro!

Website
1060 Laskin Road Unit 14B, Virginia Beach, VA 23451
  • New Construction

Why choose this provider?

Evolution Home Mortgage caters to individuals and families throughout the Greater Hampton metro. It helps homeowners lower their interest rates and monthly payments, modify loan terms, and take cash out of their equity through mortgage refinancing. Upon submitting a home refinance analysis request, customers receive options tailored to their unique needs and situations. These include fixed- and adjustable-rate mortgages, jumbo and super jumbo, FHA, VA, and USDA loans. The company also assists clients in applying for various home purchase loans.

License Verified:

License: 2045369

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 (9)

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
5040 Corporate Woods Drive, Suite 100, Virginia Beach, VA 23462
  • New Construction

Why choose this provider?

OVM Financial is a retail mortgage lender that caters to homeowners in the Hampton area. The company designs refinancing solutions for loan borrowers with goals such as bill consolidation, term reduction, and equitable distribution. Its mortgage staff assists in the refinancing process of converting ARMs to fixed-rate mortgages. OVM Financial was established in 2001 and is affiliated with AnnieMac Home Mortgage. It gives back to the community by supporting the Columbus Chamber of Commerce and Tourism.

License Verified:

License: 86788

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 (730)
Facebook
4.7 / 5 (182)

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
4235 Innslake Drive, Hampton, VA 23060
  • Reverse Mortgages

Why choose this provider?

Benchmark Mortgage Companies caters to clients in the Hampton area. It offers mortgage refinancing options to lower interest rates and converts adjustable-rate mortgages into fixed-rated ones. It also helps clients tap into their home's equity using a cash-out refinance. Additionally, it has programs like USDA, VA, FHA, jumbo, and conventional loans. Its team handles processing, underwriting, loan closing, and funding to meet the refinancing needs of customers. The firm is an affiliate of Tidewater Home Funding.

License Verified:

License: 1469788

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

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
468 Investors Place, Virginia Beach, VA 23452
  • New Construction

Why choose this provider?

Consumer Mortgage & Investment Corp. provides home financing to Hampton residents. It provides refinance and purchase loans, as well as FHA, VA, and FHA reverse mortgages. Through the Non-Prime Mortgage program, the company also serves clients with low income or poor credit. It uses automated underwriting systems and mortgage processing software to reduce processing costs and timelines. Clients can also submit loan applications and pre-qualifications online. The company has been in business since 1982. It is a member of the Virginia Association of Mortgage Brokers.

License Verified:

License: 68374

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
Google
4.0 / 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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
249 Central Park Ave., Virginia Beach, VA 23462
  • Reverse Mortgages

Why choose this provider?

Home Free Mortgage addresses the real estate needs of people in Hampton and its nearby areas. It helps families and individuals refinance their mortgages to reduce monthly payments and interest rates and change loan terms. The company assists buyers and investors in processing refinance analysis requests, evaluating properties, and comparing various types of interest rates and terms. Home Free Mortgage also offers jumbo and super jumbo, FHA and USDA, fixed-rate and adjustable-rate, and conforming loans.

License Verified:

License: 1152047

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

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
249 Central Park Ave, Suite 300, Virginia Beach, VA 23462
  • New Construction
  • Reverse Mortgages

Why choose this provider?

James Grandy provides mortgage solutions to clients across the Hampton community and the surrounding areas. James assists individuals in reducing their loan interests, changing term lengths, and lowering their monthly payments by offering mortgage refinancing services. He also guides homeowners in comparing options to choose loans suitable for their needs and goals. In addition to refinancing, he caters to home buyers wanting to apply for jumbo, super jumbo, conforming, USDA, VA, and FHA loan programs. James is a mortgage loan officer at VA Wholesale Mortgage Incorporated.

License Verified:

License: 2077616

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)
Facebook
5.0 / 5 (10)

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
3164 William Styron Square, Newport News, VA 23606
  • New Construction

Why choose this provider?

Homespire Mortgage aims to open the doors of homeownership for residents in Hampton and nearby locations. The company's loan officers assist first-time home buyers and investors in every step of the process. They have an FHA loan, which is also known as the preferred lending program for first-time homeowners. Other options available are adjustable-rate mortgage, USDA loan, 15-year mortgage, debt consolidation refinance, and downpayment assistance. COO Todd Sheinin has been in the mortgage industry for over 20 years.

License Verified:

License: 183215

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 (643)
Facebook
4.9 / 5 (151)

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
11815 Fountain Way, Newport News, VA 23606
  • Reverse Mortgages

Why choose this provider?

MMMT Mortgage has been in service since 2006. The company offers mortgage refinancing solutions to clients around the Hampton metro, such as fixed-rate mortgages, adjustable-rate mortgages, conforming loans, jumbo loans, and super jumbo loans. It also provides home purchase, FHA, VA, 203K, and USDA loans, as well as reverse mortgage options. The business commits its practice to helping clients refinance their homes to improve their overall financial outlook and get a lower monthly payment.

License Verified:

License: 1962768

Nationwide Multistate Licensing System and Registry

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
3164 William Styron Square N, Newport News, VA 23606
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Jimmy Sgambelluri is a senior mortgage loan officer at Homespire Mortgage. He assists first-time and experienced homebuyers in Hampton and neighboring cities. He aims to simplify the mortgage process for clients who are looking for single-family homes, townhouses, condominiums, or any other type of residential property and for those seeking to refinance. He explains the company's full range of loan products to find the ideal one for their needs. Jimmy has been in the mortgage industry since 1998.

License Verified:

License: 615259

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 (30)
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.
  • When should you contemplate the idea of refinancing to an adjustable-rate mortgage in Hampton, and when should you avoid considering it?

    If obtaining a lower interest rate quickly is your priority, or if you're planning to sell within the next five years, believe that interest rates will decrease, or expect an increase in your income, it's advisable to think about switching to an adjustable-rate mortgage in Hampton. On the contrary, if your goal is to pay off your mortgage ahead of schedule, you foresee a rise in interest rates, or your income is inconsistent, it's wise to steer clear of adjustable-rate mortgages.

  • What are the criteria that need to be met to qualify for refinancing to an adjustable-rate mortgage in Hampton?

    Criteria for refinancing to an adjustable-rate mortgage in Hampton vary among lenders, but generally require homeowners to meet the following requirements:

    • Possess a minimum of 20% equity in their home.
    • Maintain a credit score of 620 or above. Individuals with somewhat lower credit scores might still meet the requirements, though this is subject to the lender's discretion.
    • Have owned the property for a minimum of six months. However, some lenders might not impose any waiting period.
    • Maintain a debt-to-income ratio that is below 50%.
  • In what ways does a RefiNow program distinguish itself from conventional mortgages in Hampton?

    Traditional refinancing in Hampton often involves upfront costs like appraisal and refinancing fees, which can be a hurdle for low-income homeowners. The advantages of refinancing in traditional cases depend on the borrower's circumstances and eligibility. While homeowners might aim to save through refinancing, success isn't ensured. RefiNow tackles these issues tied to traditional refinancing by eliminating upfront fees, making it more accessible to a broader range of homeowners. Additionally, it assures financial benefits through lower mortgage payments and interest rates.

  • Is it possible to revoke your refinance loan in Hampton?

    Refinances for primary residences in Hampton have a three-day rescission period, during which the borrower can cancel the loan within three business days, excluding the closing day. This timeframe cannot be bypassed. As a result, signed papers and funds are held securely in an escrow account until the three-day rescission period ends. Only after this period does the loan receive actual funding. The closing disclosure will show a closing date (finalizing paperwork) and a disbursement date (releasing loan funds).

  • What is a mortgage rate lock in Hampton?

    When engaging in mortgage renewal, refinancing, or application processes in Hampton, a mortgage rate lock allows you to secure a specific combination of an interest rate and points for a predetermined period, typically 10, 15, 30, 45, or 60 days. This lock safeguards you from abrupt interest rate hikes that might arise shortly before closing. Nevertheless, if rates decrease within this period, you might forfeit the opportunity to capitalize on the reduced rates.

  • 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.