Whether you prioritize fast closing times, low fees, or customer service, there’s a lender suited to your needs. Here’s a guide to the best refi mortgage companies in 2025.
Bank of America – Best for Member Discounts
Why We Chose It: Bank of America offers special member discounts through its Preferred Rewards program, helping borrowers save on closing costs and loan fees.
Pros:
- Exclusive discounts for Preferred Rewards members
- Nationwide physical branch locations
- Considers alternative credit data (e.g., rental history, utility payments)
Cons: No renovation loan options
Loan Types: Fixed-rate, ARM, FHA, VA, Cash-out, Home Equity
If you’re already a Bank of America customer, you can enjoy savings on refinancing fees based on your account balance. Plus, the lender has high customer satisfaction ratings and a variety of loan options.
Better – Best for Fast Closing Time
Why We Chose It: Better uses advanced technology to streamline the refinance process, closing loans 10 days faster than traditional lenders.
Pros:
- Quick, hassle-free online application
- No origination, application, or underwriting fees
- Competitive price-match guarantee
Cons: Online-only lender, no physical branches
Loan Types: Conventional, Fixed-rate, ARM, FHA, Jumbo
Better is perfect for homeowners who want a fast and seamless refinance process without hidden fees. Their Better Price Guarantee ensures competitive rates, making them a solid choice.
loanDepot – Best for Online Mortgage Refinancing
Why We Chose It: loanDepot offers a fully digital loan process powered by AI, making refinancing simple and efficient.
Pros:
- Licensed in all 50 states
- Easy-to-use digital application with AI-powered assistance
- Lifetime Guarantee eliminates fees on future refinances
Cons: Loan rates not displayed online
Loan Types: Conventional, Fixed-rate, ARM, VA, FHA
If you’re looking for a user-friendly online refinance experience, loanDepot is a great option. The Lifetime Guarantee means you won’t pay lender fees if you refinance with them again in the future.
Nationwide – Best for Custom Loans
- Why We Chose It: Nationwide, in partnership with Axos, offers customizable loan solutions for self-employed borrowers and those with non-traditional income sources.
- Pros:
- Flexible loan terms and tailored refinance options
- $0 lender fees for eligible borrowers
- Free consultations for personalized loan advice
- Cons:
- Limited availability (operates only in select states)
- Loan Types: Conventional, VA, FHA, Jumbo
For borrowers who need personalized loan solutions, Nationwide is a strong contender. Its flexible loan structures cater to self-employed individuals and those with complex finances.
Navy Federal Credit Union – Best Credit Union for Refinancing
Why We Chose It: Navy Federal provides competitive rates and exclusive loan options for military members and their families.
Pros:
- No private mortgage insurance (PMI) required
- Quick online pre-approval process
- Special VA refinance options
Cons: Membership limited to military personnel and their families
Loan Types: Fixed-rate, Cash-out, VA, VA Streamline, ARM, Jumbo
If you’re eligible for Navy Federal membership, you can take advantage of low refinance rates and military-focused loan options that aren’t available through traditional lenders.
Rocket Mortgage – Best Overall Refi Mortgage Lender
Why We Chose It: Rocket Mortgage ranks #1 in customer satisfaction, offering a streamlined digital application and a variety of loan options.
Pros:
- Top-rated customer service
- Wide range of loan options, including FHA and VA
- Easy online process with eClosing
Cons: No in-person service (but affiliated brokers available)
Loan Types: Conventional, ARM, FHA, VA, Jumbo, Home Equity Loans
Rocket Mortgage is an all-around top pick for refinancing, especially for borrowers who prefer an efficient online process with top-notch customer support.
Zillow – Best Mortgage Refinancing Marketplace
Why We Chose It: Zillow connects homeowners with multiple licensed lenders nationwide, making it easy to compare rates and loan options.
Pros:
- Access to multiple lenders in one place
- Real-time rate comparisons
- Easy online application process
Cons: No direct lending (partners with third-party lenders)
Loan Types: Fixed-rate, ARM, Jumbo, VA, FHA, Conventional
Zillow is ideal if you want to compare multiple refinance options in one place. Their online tools help you find the best rates based on your financial profile.
Final Thoughts
Refinancing can help you save money, shorten your loan term, or tap into home equity. The best refi mortgage company for you depends on your financial situation, credit score, and goals.
If you want fast processing, consider Better or loanDepot. If you’re looking for member benefits, Bank of America and Navy Federal are solid choices. For an all-in-one top lender, Rocket Mortgage stands out. And if you want multiple loan offers, Zillow is a great marketplace to explore.
Before refinancing, compare multiple lenders, check interest rates, and consider closing costs. The right choice will depend on your individual needs, so take the time to shop around and find the best deal.