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Best Mortgage Refinance Companies in Racine

2024

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Providers

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Website
14530 W. Capitol Drive, Brookfield, WI 53005
  • NMLS #1660690
  • Reverse Mortgages

Why choose this provider?

Epic Mortgage Group works with homeowners and residential property investors in Racine. It offers cash-out and mortgage refinancing loans. It also assists homebuyers in securing purchase loans, such as VA, fixed-rate, and Jumbo. Its team strives to make the mortgage process smooth for clients through attentive support and close communication. Founders Brad Tindal and Shawn Schnabl have been in the mortgage industry since 2003. Some of the company's loan officers are also licensed to serve clients in Florida.

License Verified:

License: 754308

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 (38)

Website
888 Thackeray Trail Suite 100, Oconomowoc, WI 53066
  • New Construction

Why choose this provider?

Madison Mortgage Guys connects prospective homeowners to loan officers in Racine. It caters to existing borrowers wanting to lower monthly payments, consolidate debts, and take cash from home equities. It provides information on different refinancing types, including rate or term, cash-out equity, and principal reduction. It recommends conventional, FHA, USDA, and VA streamline mortgages. Its loan originators determine suitable options based on clients' payment histories, debt-to-income ratios, home appraisals, and other lender overlays. They also provide consultation and pre-qualification screening.

License Verified:

License: 1942246

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 (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
495 N Riverside Dr, Ste 206, Gurnee, IL 60031

Why choose this provider?

Mike Vrba is a Cherry Creek Mortgage loan officer who caters to people across Racine. He guides homeowners throughout the process of shifting from an FHA loan to a conventional mortgage program. Vrba also helps clients through a cash-out refinance program, which enables them to consolidate debt or fund home improvement work. He provides other solutions for first-time homebuyers, like programs guaranteed or insured by USDA and VA. Vrba has spent more than a decade in the industry.

License Verified:

License: 217561

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 (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

Website
220 Regency Court Ste 200, Brookfield, WI 53045
  • New Construction

Why choose this provider?

Whether with purchasing homes or refinancing, Mortgage Approval Experts of Wisconsin, LLC, assists Racine residents in obtaining loans that match their goals. It provides different options for borrowers seeking to cash out or save money through lower rates and terms, such as conventional, jumbo, and FHA, USDA, and VA Streamline loans. Mortgage broker Mark Rossetto also offers niche programs to first-time homebuyers, non-QM applicants, self-employed individuals, and clients without stated income. He has been helping people realize their dream of homeownership for over 26 years.

License Verified:

License: 2342380

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 (5)
Google
5.0 / 5 (2)

Website
2426 North Grandview Boulevard Suite A, Waukesha, WI 53188
  • New Construction

Why choose this provider?

Kim Greenspan is a First Fidelity Home Mortgage loan originator who caters to the refinancing concerns of individuals and families in Racine and the neighboring communities. She helps her clients get lower interest rates and monthly payments by providing various refinancing options. Greenspan offers loans that aid in consolidating people's debts and getting cash for other needs. The consultant also has mortgage solutions that include low down payments, non-QM state income, and no tax returns.

License Verified:

License: 279615

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 (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
306 North 76th Street, Milwaukee, WI 53213
  • Multi-Family Loans
  • New Construction

Why choose this provider?

Wisconsin Mortgage Group LLC helps residents of Racine prequalify for refinancing loans. It provides various mortgage refinance solutions for owners of single- and multi-family residences, townhouses, condominiums, and manufactured homes. Its mortgage options include graduated payment, interest-only, and fixed- and adjustable-rate mortgages. It also offers different types of home loans, including jumbo, USDA, VA, and FHA loans. Wisconsin Mortgage Group seeks to match clients with loan programs that address their particular needs by partnering with over 100 investors.

License Verified:

License: 1185035

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
4.9 / 5 (88)
Yelp
5.0 / 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
15430 West Capitol Drive, Brookfield, WI 53005
  • Commercial Loans

Why choose this provider?

Go Mortgage caters to Racine clients. The company assists homeowners aiming to refinance their loans. It provides the cash-out refinance program, a way for borrowers to obtain funds for home repair projects or property investments. It also offers single-close construction loans backed by government agencies like the USDA for clients seeking to finance building construction and its long-term mortgage. Its CEO, Michael Isaacs, is the founder of Residential Finance Corporation, an enterprise that managed more than $3 billion in transactions over a 17-year period.

License Verified:

License: 1018

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 (510)
Yelp
2.5 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
20300 Water Tower Blvd. Suite 215, Brookfield, WI 53045
  • New Construction

Why choose this provider?

The Michael Creed Team serves the home financing needs of the residents of Racine and the surrounding areas. It assists clients in changing the terms of their existing loans and lowering their interest rates through refinancing. Michael Creed, branch manager for Luminate Home Loans, Inc., leads a team that imparts financial knowledge to clients to help them make informed decisions. One of its members, Theresa Coop, leverages over two decades of experience in the mortgage and banking industries when handling the pre-approval process.

License Verified:

License: 50441

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 (146)

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
N16W23217 Stone Ridge Dr #110, Waukesha, WI 53188
  • Reverse Mortgages

Why choose this provider?

Accunet Mortgage has been serving the greater Racine metro since 1999. It aims to help customers in locating a mortgage deal that is more favorable than what they could get from a bank or one of the major national lenders. It offers mortgage refinance services to clients who are looking to switch to a shorter-term loan, pull out cash to consolidate debts, or lower their interest rates. The mortgage firm supports various organizations, including Milwaukee Habitat for Humanity and Children’s Hospital of Wisconsin.

License Verified:

License: 255368

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.
4.3
Google
4.5 / 5 (72)
Facebook
4.2 / 5 (33)
Yelp
2.0 / 5 (5)

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
15430 W Capitol Drive, Brookfield, WI 53005
  • New Construction

Why choose this provider?

Brian Tarwid, "The Mortgage Guy," operates under the Go Mortgage banner. The agent serves residents of Racine who need new purchase loans or refinancing for their existing obligations. He has new construction mortgages and restructuring programs for real estate investors and commercial buyers. These choices include VA and USDA-backed products for purchasers in the farming and military service sectors. Brian also has options for house renovators. Go Mortgage, LLC, is a direct lender of Fannie Mae and Freddie Mac solutions.

License Verified:

License: 273735

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
Facebook
5.0 / 5 (23)
Google
4.7 / 5 (13)

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
2833 West Layton Avenue, Milwaukee, WI 53221
  • New Construction

Why choose this provider?

Wisconsin Wholesale Mortgage serves the locals of Racine and the surrounding communities. It offers mortgage refinancing solutions that are tailored to meet its clients' financial needs, whether it is buying their first home, refinancing an existing loan, or buying their first rental property. Some of the services provided include fixed and adjustable rates, Home Affordable Refinance Program, and FHA and VA. Darrell Frenzel is the owner of the Milwaukee-based company. He has been a mortgage loan originator since 2002.

License Verified:

License: 252121

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 (13)

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
720 N Rochester Street, Mukwonago, WI 53149
  • Reverse Mortgages

Why choose this provider?

Midwest Mortgage, LLC, assists in the home refinancing concerns of individuals, couples, and families in Racine. The company helps its clients switch from ARM to fixed-rate mortgages and offers various refinancing programs to reduce their loan terms and reduce interest rates. It also has home equity loans for those who want to get cash. Other products include government-backed, reverse mortgage, conventional, and foreign national loans. Owner Craig Oenes has been in the financial industry for more than 20 years.

License Verified:

License: 2152037

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 (21)

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
1211 15th Avenue, Grafton, WI 53024
  • New Construction

Why choose this provider?

Patriot Mortgage Lending works with Racine property owners who want to refinance their loans to lower their monthly payments by obtaining a lower interest rate. Its team of mortgage consultants educates clients about the available loan options and guides them in navigating the process, from application and processing to underwriting and closing. They also assist homeowners in converting their adjustable rates to fixed rates. Additionally, Patriot Mortgage Lending provides new construction, government, and no-money-down mortgage loans.

License Verified:

License: 223162

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 (8)
Google
5.0 / 5 (3)

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.
  • What are the pros and cons of a VA streamline refinance in Racine?

    A benefit of a VA streamline refinance in Racine is the deferred payment of upfront fees, although they are added to the loan balance and accumulate interest. This might pose a challenge if you are planning to relocate soon. While cashback isn't possible in a streamline refinance, borrowers seeking equity extraction can explore VA cash-out refinance options, regardless of whether their initial mortgage is a VA home loan.

  • How long does the mortgage refinance process take in Racine?

    The period required for a mortgage refinance application in Racine depends on the chosen lender and the speed of document submission. Accelerate the process by assembling essential paperwork like tax returns, bank statements, credit reports, pay stubs, and proof of existing obligations. Providing these documents promptly enables lenders to conclude the refinancing procedure efficiently.

  • Is there a specific rule of thumb for refinancing loans in Racine, especially regarding points and interest rates?

    Until recently, a common guideline was not to refinance unless a two-point rate reduction could be achieved. In prior years, acquiring a loan often required significant savings. Nowadays, some lenders provide no-points loan options with slightly higher interest rates. Alternatively, borrowers can pay points to secure lower rates. For Racine residents, refinancing for a mere quarter-percent reduction is plausible, aiming for overall savings on the new loan.

  • How is child support, alimony, or separate maintenance considered for qualifying income for refinancing a mortgage in Racine?

    If you’re refinancing in Racine due to divorce, verification of alimony, child support, or separate maintenance for a minimum of six months is required to establish income stability. Any divorce-related income should continue for at least three years from the application date for the mortgage refinance application to be accepted.

  • Can residents in Racine save money by refinancing and consolidating their first and second mortgages?

    Combining first and second mortgages into a single new mortgage through refinancing can lead to lower monthly payments and decreased loan rates. It can also bring better financial organization. However, outcomes vary based on home equity, mortgage amount, credit score, and other factors. Homeowners in Racine with adjustable-rate home equity lines of credit linked to the prime rate should seek expert advice on refinance choices due to potential fluctuations in numbers.

  • 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.