5 Best Mortgage Refinance Lenders in Florida 2019
If you’re a Homeowner looking to refinance a mortgage in Florida, there are some amazing mortgage refinance solutions available to you. Florida is home to almost 21 million 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 5% 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 Florida, and why you should consider working with them for your mortgage refinance
#1 Florida Mortgage Refinance Lender: Guaranteed Rate
A Kingpin of the online mortgage trend that plays a large role in mortgage refinancing is Guaranteed Rate. Their participation in the digital mortgage wave leaves many other platforms lacking by comparison.
Guaranteed Rate is also extremely experienced with the origination and refinancing of government-insured loan products such as FHA and VA loans. The ability to offer mortgage refinancing through one of the best digital mortgage platforms available makes them serious competition to other mortgage lenders, and highly favored among repeat and first time home buyers.
The online platform makes securely uploading the important financial documentation requested for a loan approval fast and easy. Borrowers can even check their credit scores through the service, rather than go elsewhere. Guaranteed Rate is one of the rare few digital mortgage platforms where a mortgage loan can be refinanced without ever needing to speak with someone unless requested by the homeowner.
#2 Florida Mortgage Refinance Lender: CrossCountry Mortgage
CrossCountry Mortgage is one of the largest and fastest growing lenders in the United States. Since it was founded in 2003, CrossCountry Mortgage has done its best to meet the rapidly changing needs of the consumer. While it started as simply a small mortgage brokerage, today, CrossCountry Mortgage offers a wide variety of loans, including FHA loans and VA home loans while also being a powerhouse for refinancing, home equity loans, and more.
While the company does have a robust online presence, with applications that can easily be filled out online, it also boasts a strong workforce of mortgage brokers. Its website even has an easy search function that allows potential borrowers to search for a mortgage broker by name or by branch location.
#3 Florida Mortgage Refinance Lender: Fairway Independent Mortgage Corporation
A rapidly growing name in the national home finance industry, Fairway Independent Mortgage Corporation is one of the best options for refinancing conventional, FHA, and VA loans across the country. Homeowners will agree that it’s actually pretty easy to find a Fairway location when it's time to refinance a home loan. Beyond that, their customer service is well known to be top notch.
Fairway Independent Mortgage Corporation has stunning reviews from its client base over the years. One thing they seem to excel in is cutting down the closing costs that borrowers are expected to pay at the end of a mortgage refinance transaction, as well as facilitating a faster closing.
Fairway may very well be the best option for homeowners who are refinancing for the first time. Their attention to detail and completely transparent methodology is perfect for obtaining a mortgage refinance at a great rate in a stress-free environment.
#4 Florida Mortgage Refinance Lender: Primary Residential Mortgage
Primary Residential Mortgage has been making waves in the mortgage industry since 1998. Growing from a small business to a company with 225 branch offices across the nation is no small feat, but the people running PRMI earned it through the admiration of their many clients.
PRMI takes a conscientious approach to mortgage loans and refinancing, always putting the needs of the customer and absolute transparency above all else. Despite their stunning growth since first opening their doors, they still seek to provide customized service that is sure to satisfy the needs of borrowers in even the toughest of financial situations.
Obtaining or refinancing a mortgage through PRMI is a nearly effortless task, and the loan officers make themselves readily available to their clients. Overall, they are a tough lender to beat when it comes to home finance.
#5 Florida 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.
Shop Around Before You Get a Florida Home Loan Refinance
Our picks for the best mortgage refinance lenders in Florida 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!