5 Best Mortgage Refinance Lenders in Delaware 2019

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If you’re a Homeowner looking to refinance a mortgage in Delaware, there are some amazing mortgage refinance solutions available to you. Delaware is home to around 961,000 people, and with today’s mortgage rates as low as they are, the housing market is prime for refinancing to home loan with a lower interest rate! Additionally, Home values have actually risen between December of 2017 through 2018 and are forecasted to rise another 6.7% through 2019.

The rising home values make it essential for home buyers on the market for a mortgage refinance to do everything they can to keep their housing costs as low as possible, or possibly tap into their home equity. And, whether you’re looking to refinance to a fixed rate or adjustable rate mortgage, or to FHA, VA, or USDA home loan options that offer amazing benefits like low interest rates or flexible down payment requirements, the first step is to find the right lender.

In this article, we’ll review the best mortgage refinance lenders in the state of Delaware, and why you should consider working with them for your mortgage refinance


#1 Delaware Mortgage Refinance Lender: Embrace Home Loans, Inc

The team over at Embrace Home Loans really knows how to take the fear out of the mortgage process. They take great pride in their singular focus of providing high-quality and affordable home loan refinancing options to the home buyers that give them their trust.

Embrace Home Loans is home to loan officers who never withhold options from their clients. Every single step and every single action gets explained in full, and if there are any questions, you can bet they will be answered before anyone signs anything into action.

Dozens upon dozens of past clients have attested to the fact that the loan officers of Embrace home loans truly care about refinancing a home loan with terms and rates that are satisfactory to the borrower. And they manage to do this without incurring any stress or hold-ups during the mortgage transaction.

#2 Delaware Mortgage Refinance Lender: Bank of America

A veritable banking giant, Bank of America is typically one of the first places any home buyer would discuss financing a home purchase or refinancing a mortgage. Even so, it is incredibly rewarding when such a large company can still focus on the wants and needs of each individual client, and get them the perfect mortgage loan.

Bank of America would not be where it is today if it was lacking in such things as customer care or knowledgeable loan officers. Interestingly, Bank of America is able to combine its impressive clout in the finance industry with personalized consultation, round-the-clock service, and vast resources of both funding and information.

The result? A mortgage or refinance transaction that is as painless as one can be, and a mortgage loan that is just the right fit.

#3 Delaware Mortgage Refinance Lender: Residential Mortgage, LLC

A subsidiary of Northrim Bank, Residential Mortgage, LLC was founded in 1998 with only 30 employees. Today, they have over 125 employees spread out between a dozen offices that service multiple states. They have serviced over 60,000 loans in their home state of Alaska alone, and are Alaska’s number one lender for VA home loans.

Needless to say, they also have an impressive amount of experience other types of home financing as well. Home buyers have nothing but the best to say about the incredible customer service that is provided from the expert loan officers at Residential Mortgage. They seek to provide absolutely unmatched personal attention and guidance to all of their borrowers.

#4 Delaware Mortgage Refinance Lender: PrimeLending

When you combine speedy service, local expertise, and a personalized mortgage experience for every borrower, you get the exact formula that has helped to make PrimeLending into the company that it it recognized as today. A veritable powerhouse in the home finance industry, PrimeLending owes much of its success to its people-centric approach to mortgage origination and refinance.

The idea at PrimeLending is to be not only transparent, but to be more flexible to each borrower’s unique needs. This allows the loan officers of PrimeLending to realistically empower home buyers and homeowners alike to pursue the ideal loan options that they want, rather than just force them into any option that they happen to qualify for.

With over 30 years in the industry, their commitment to giving borrowers a rewarding mortgage experience definitely shows. PrimeLending has countless 5-star Zillow reviews, and a customer satisfaction rating of 96%.

#5 Delaware Mortgage Refinance Lender: AnnieMac Home Mortgage

While headquartered in Mount Laurel, N.J., AnnieMac Home Mortgage provides FHA, VA, Fannie Mae, and Freddie Mac loans throughout the nation. AnnieMac Home Mortgage is a mid-sized lender, with around 200 direct employees, but over 1,000 affiliate workers around the U.S. And, while AnnieMac Home Mortgage is relatively new, having been founded only in 2010, it has one of the highest ratings on Zillow, which could make it an attractive choice for homeowners looking for great refinancing opportunities.

The loan officers of AnnieMac are quite knowledgeable, and are incredibly committed to keeping an open line of communication throughout the refinance process. Previous customers nationwide tend to agree that their customer service was amazing, and that the mortgage process was seamless and easy.


 

Shop Around Before You Get a Delaware Home Loan Refinance

Our picks for the best mortgage refinance lenders in Delaware may not necessarily represent the best lender for your financial situation, goals, and desires. Everyone’s story is unique, and sometimes the best mortgage terms can be found in the most obscure places. Regardless of experience or lack thereof, the best plan of action is to shop around with multiple lenders to find out which one can provide the ideal refinance solution that comes with the terms and affordability that best suits any particular financial situation.

While looking at reviews can be a huge help, getting a one on one consultation could mean saving thousands. If you’d like some help in locating the best mortgage lender in your area, don't hesitate to contact a home.loans mortgage expert!