Best House Building Refinancing Companies
Mortgage borrowers may have the opportunity to reduce their monthly mortgage payment costs by refinancing their mortgage.
With refinancing, homeowners can save money by receiving a lower interest rate (if their current mortgage has a higher interest rate than the current market rate) or by reducing mortgage term so that their home can be repaid faster. Refinancing your mortgage is also a great way to tap into your home equity without selling your home.
The key to each of these strategies is to first research the lenders that offer the best deals (low interest rates and fees). Forbes Advisor compared dozens of lenders to compile a comprehensive list of the best lenders for borrowers looking to refinance.
We looked at four main categories: borrowers’ ability to borrow, ability to pay, loan options, and speed of funding. Our goal is to make it easier for you to compare shopping by selecting lenders that stand out in these areas.
Best Mortgage Refinancing Companies of 2022
- Best Overall: Quick Loans (Rocket Mortgage)
- Best Customer Service: AmeriSave Mortgage.
- Best Credit Union: Alliant Credit Union.
- Best Fee: Better.com.
It’s best to refinance with your current mortgage lender if they can give you a better deal than others you’ve considered.You won’t know if that’s the case until you do your homework to compare rates from at least two other mortgage companies or brokers.