When it comes to finding the best mortgage refinance companies of 2020, it can be difficult to know where to start. With so many options available, it can be hard to decide which one is right for you. That’s why we’ve put together a list of the 10 best mortgage refinance companies of 2020, so you can compare and contrast to find the right fit for your needs. From established brands to up-and-coming companies, each of these mortgages refinances companies offers different features and benefits. Read on to find out more about the best mortgage refinance companies of 2020.
Credible is one of the top choices for refinancing your mortgage. With an easy-to-use interface and access to multiple lenders, Credible is a great option for those looking to refinance their home.
Credible’s online platform allows you to easily compare loan offers from various lenders in a matter of minutes. You can search for loan options based on your current loan amount, credit score, and desired interest rate. The website also provides helpful information about the different types of mortgages, loan terms, and fees associated with each lender.
Credible also offers a streamlined refinancing process and access to some of the most competitive rates on the market. If you’re looking to save money on your mortgage and make the switch, Credible can help you compare offers and find the right fit for you.
SoFi is a leading online lender that offers mortgage refinancing options for those looking to switch lenders. Founded in 2011, SoFi has quickly become one of the nation’s most popular mortgage refinance providers. With no origination fees or pre-payment penalties, customers can enjoy a smooth process from start to finish. SoFi also allows borrowers to access their funds via ACH transfer, making it easy and convenient to get their loan money quickly.
SoFi’s refinance product offerings include 15 and 30-year fixed-rate mortgages, as well as 5/1, 7/1, and 10/1 adjustable-rate mortgages. Customers can also take advantage of their cash-out refinance options if they are looking to access the equity in their homes. In addition to its mortgage refinance products, SoFi offers home equity loans, personal loans, and investment products.
With a number of benefits including competitive rates and no hidden fees, SoFi is an attractive option for those seeking to refinance their mortgage. To find out more about SoFi and to apply for a loan, customers can visit the company’s website or contact a representative directly.
3) Rocket Mortgage
Rocket Mortgage, powered by Quicken Loans, is a great option for those looking to refinance their mortgage. This online-only lender is known for offering an easy, fast, and secure loan process that allows customers to apply for and close their loans from the comfort of their homes. Rocket Mortgage offers competitive interest rates, with APR ranging from 3.99% to 4.99%. They also provide customizable loan terms, so customers can tailor the loan repayment schedule to their individual needs. With Rocket Mortgage, you’ll have access to customer service professionals who are available 24/7 and can answer any questions or concerns you may have throughout the entire process.
Chase is one of the biggest banks in the United States and a great choice for those looking to refinance their mortgage. They offer some of the most competitive rates in the industry and they provide an array of services to make refinancing as easy as possible. With Chase, you’ll get a dedicated team of mortgage specialists who can help you through every step of the process. Plus, you’ll be able to take advantage of other Chase products, such as its auto loan refinancing options and home equity loans.
5) Bank of America
Bank of America offers a variety of mortgage refinancing options to meet the needs of its customers. With a wide range of loan products, they can provide homeowners with the right option to fit their needs. For example, Bank of America’s Smart Refinance program allows homeowners to lower their interest rate, pay down their loan balance, or convert an adjustable-rate mortgage (ARM) to a fixed-rate mortgage.
Additionally, Bank of America offers a streamlined refinance process for existing Bank of America customers. This includes not having to provide income documentation and making their home appraisal process faster and easier.
Bank of America also offers an affordable loan solution for those who may have experienced financial hardship. This mortgage refinance solution helps borrowers obtain more affordable payments by reducing their monthly payments or extending their loan terms.
Finally, Bank of America has tools to help customers understand their current and potential loan terms. Their Mortgage Calculator helps borrowers explore different mortgage types, estimated payments, and closing costs. They also have a Loan Estimate Calculator to provide potential borrowers customized loan estimates.
Overall, Bank of America is a great option for those looking to refinance their mortgage. With competitive rates, a streamlined refinance process, and helpful tools, Bank of America makes it easy for their customers to get the best deal on their mortgage refinancing needs.
6) Wells Fargo
Wells Fargo is one of the most recognized and trusted names in banking and mortgages. Founded in 1852, Wells Fargo has been providing quality financial products and services for over a century and a half.
The bank offers a range of mortgage refinance options, including both fixed-rate and adjustable-rate mortgages. You can apply for a mortgage refinance with Wells Fargo online, over the phone, or in person at one of their branches. Their application process is fast and easy, allowing you to make a decision in minutes.
Wells Fargo also has competitive rates, with rates for 30-year fixed-rate mortgages starting at 3.25%. Wells Fargo also offers cash-out refinancing and jumbo loans, which have higher loan limits than traditional mortgages.
If you’re looking for a reliable and experienced lender, Wells Fargo should be one of your top choices when it comes to refinancing your mortgage. They are one of the oldest and most reputable banks in the United States, and its competitive rates and friendly customer service make them an attractive option for anyone looking to refinance their mortgage.
8) Navy Federal Credit Union
9) PenFed Credit Union
10) Fairway Independent Mortgage Corporation