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2024

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Best Mortgage Refinance Companies in Kennewick

Our Recommended Top 4

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 Kennewick 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.

45

Reviewed

28

Curated

4

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
7301 W. Deschutes Ave. Suite A, Kennewick, WA 99336
  • New Construction

Why choose this provider?

Vision Mortgage is a full-service, veteran-owned, and veteran-operated lending company that caters to the Kennewick area. It offers a variety of refinancing services such as FHA, VA, and streamline refinance, as well as cash-outs. The team conducts consultations to analyze each borrower's needs and situation and analyze their refinancing options. It also has a consolidation calculator available on its website. Vision Mortgage has been in the mortgage industry since 1994. President Michael Alvarez has over 25 years of field experience.

License Verified:

License: 70495

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 (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
8350 W Grandridge Blvd Suite 200, Kennewick, WA 99336
  • New Construction

Why choose this provider?

Desert Canyon Mortgage Company LLC is a family-run agency that accommodates residential property owners in Kennewick. Since 1998, the business has been helping customers reduce their monthly payments, finance their home renovation projects, and lower their interest rates through various home refinance options, such as USDA, FHA, and VA. It works with several mortgage lenders to compare rates and shop products, like reverse and conventional loans. Owner Jim Pogue has more than 20 years of combined experience as a Realtor and mortgage broker.

License Verified:

License: 64525

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 (150)
Facebook
4.9 / 5 (70)
Yelp
5.0 / 5 (6)

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
114 Columbia Point Drive, Richland, WA 99352
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Tino Martinez is a loan originator at PrimeLending, a mortgage loan company that provides refinancing options to the citizens of Kennewick. Martinez offers multiple mortgage loan options like fixed-rate, adjustable-rate, jumbo, FHA, VA, and USDA. Additionally, he provides other options, such as new home construction and conventional loans. Other services include renovation programs that include FHA 203K, weather-related, pool escrow, and repair escrow. PrimeLending has more than 30 years of experience in the industry.

License Verified:

License: 1457806

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 (96)
Facebook
4.8 / 5 (12)

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
5453 Ridgeline Dr Ste 120, Kennewick, WA 99338
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Dana Mundy is a Certified Mortgage Advisor who serves residential customers in Kennewick. She assists clients in refinancing loans to get lower monthly payments and mortgage rates or leverage their home equity for cash out. She provides support with documentation and loan reapplication. Her agency offers different loan programs, including FHA, VA, jumbo, conventional, and USDA. Dana and her team work with Cherry Creek Mortgage. She is licensed to originate in California, Idaho, Oregon, and Washington.

License Verified:

License: 371781

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
4.7 / 5 (48)
Google
4.9 / 5 (43)

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 long does the mortgage refinance process take in Kennewick?

    The length of the mortgage refinancing process in Kennewick is contingent upon an individual's distinct financial situation. Complicating factors like self-employment, multiple income sources, and other complexities might extend the procedure. Yet, persisting through these challenges is advisable, as it can lead to improved financial prospects in the future.

  • Can a person with a conventional loan in Kennewick refinance using an FHA streamline loan?

    No. Only current FHA loans are eligible for an FHA streamline refinance in Kennewick. Other loan types, like conventional, VA, and USDA loans, do not qualify for this type of refinancing. Kennewick residents can choose between two qualification methods: credit qualifying and non-credit qualifying. The latter doesn't require a new credit profile if specific requirements are met.

  • How does the home appraisal process work when refinancing a mortgage in Kennewick?

    The appraisal is a crucial phase in Kennewick home purchases and refinances. After acceptance of the offer, the appraisal is scheduled. An appraiser evaluates the property's value by comparing it with recent comparable sales, ensuring the fairness of the purchase price and the benefit of refinancing. This comprehensive assessment safeguards the interests of both buyers and homeowners, solidifying transparency in Kennewick's real estate transactions.

  • What factors contribute to the variation in interest rates for loans in Kennewick?

    A variety of economic and financial factors have an impact on loan interest rates in Kennewick for mortgage refinancing. In addition to standard bank rates, an individual's distinct financial situation significantly affects the costs. The absence of a universal approach is evident as variables like credit scores and debt-to-income ratios uniquely impact rates for each applicant, emphasizing the personalized nature of interest rate determination.

  • When can residents of Kennewick expect to start saving money through refinancing their property?

    Divide the total refinance cost by the monthly post-refinance savings to determine when refinancing will become cost-effective. This yields the months needed to recover the refinance expenditure. Residing in the property beyond this period is crucial to experiencing actual savings. Remember, this guideline applies to Kennewick residents just as to anyone else.

  • 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.