3 Mortgage Lenders to Refinance Your Home This Year

what do you know about mortgage refinancing? You might think that it’s something that only older homeowners need to worry about, 

but if your home has appreciated since you bought it, then you could benefit from this option too. Here are three mortgage lenders to refinance your home with this year to help lower your monthly payments and save on interest over the long term.

1) Bank of America

Founded in 1904 by Amadeo Giannini, Bank of America (BofA) is headquartered in San Francisco and has over 5,000 retail locations around the world. 

BofA also offers mortgage refinancing, home equity loans, and title services; applies for business credit cards; offers banking products, investment services, insurance, and financing; provides wealth management products and asset management services through its trust department. 

With so many financial products on offer, it's no wonder that BofA is one of America's largest banks with $2 trillion in assets. And yes: there are high mortgage refinance rates from BofA! To see if your rate qualifies check out BofA's mortgage refinance rates calculator.

2) Wells Fargo

Wells Fargo has some of the best mortgage refinance rates and competitive online mortgage pre-approval. If you have an FHA loan or are a member of the military, it also has one of the lowest fees for VA mortgage lenders. 

Once you’re a customer, Wells Fargo also makes sure that you get access to mortgage pre-approval quickly so that you don’t have to wait around for weeks just to find out whether or not you can buy your dream home. 

You might pay more in fees than some other companies, but they make up for it with lower rates, fast pre-approvals, and great customer service (just check reviews on Yelp). The downside? They only work with mortgages and might not be able to help if want help finding an investment property.

3) SunTrust

If you’re looking for a reputable lender that doesn’t charge an application or commitment fee, SunTrust is a great option. 

The bank offers excellent customer service, competitive interest rates, and low closing costs. It also boasts competitive loan-to-value (LTV) ratios and flexible payment plans to help you pay off your mortgage faster. 

Title: Best Mortgage Refinance Companies 2018 (Virginia). 3 Reputable Lenders That Are Open Now. Author: Mitch Mindel Posted on March 23rd, 2018 Tags: Best mortgage refinance companies 2018 Virginia Best Options To Take Advantage of Low-Interest Rates And Get The Most Money For Your Current House - Contact Us Now