Thinking about refinancing your mortgage in 2025? You're not alone. With interest rates doing their thing, a lot of homeowners are looking for ways to maybe lower their monthly payments or pull some cash out of their homes. Picking the best refinance mortgage companies can seem like a lot, but we've checked out some of the top options for rates, customer service, and loan choices to make things a little easier. This list focuses on the refinance mortgage companies that really stand out.

Key Takeaways

• CrossCountry Mortgage is a top choice for good overall rates and closing loans pretty fast.
• Rocket Mortgage gets high marks for happy customers and is a big player in conventional loan refinances.
• Bank of America is a solid pick if you're looking to refinance a larger home loan.
• Navy Federal Credit Union is a great option for military members with tailored services.
• New American Funding is noted for offering low rates.

1. CrossCountry Mortgage

When you're looking into refinancing your home loan, CrossCountry Mortgage is a company that often pops up, and for good reason. They seem to have a knack for making the whole process pretty smooth for a lot of people. In our review, they actually scored quite well, which usually means they're doing a lot of things right.

One of the things that really stands out is how quickly they can get a loan closed. We're talking about potentially finishing up in as little as 10 days, which is way faster than the typical 30 to 45 days you usually see. If you're trying to lock in a new rate quickly or just want to get the refinance done without a long wait, this speed is a big deal. They also offer rate float downs, which can be helpful.

Here’s a quick look at what they offer:

• Loan Variety: They have a pretty wide selection of refinance choices. This includes standard rate and term refinances, FHA, VA, and USDA loans, as well as cash-out options and even loans for home renovations. They also handle HELOCs.
• Credit Score Flexibility: It's possible to refinance with them even if your credit score isn't perfect. They have loan products that can work for scores as low as 500 in some cases.
• Availability: You can find CrossCountry Mortgage services across all 50 states, plus Washington D.C. and Puerto Rico.

While they don't show sample rates or fee details directly on their website, which is a bit of a drawback if you like to see all the numbers upfront, their overall performance and the variety of options they provide make them a solid contender when you're comparing mortgage refinance lenders for December 2025. It's worth exploring lenders like CrossCountry Mortgage that offer speed and flexibility.

CrossCountry Mortgage received a below-average score in the 2025 J.D. Power Mortgage Origination Satisfaction Study, falling short of the industry average, but their speed and loan options still make them a strong choice for many homeowners looking to adjust their mortgage terms.

2. Rocket Mortgage

Rocket Mortgage is a big name in the mortgage world, and for good reason. They've consistently snagged top spots in customer satisfaction surveys, which tells you people generally have a good experience with them. If you're someone who likes handling things online and wants a pretty straightforward process, they might be a great fit for your refinance.

They handle a bunch of different loan types, so whether you're looking to just change your rate and term, go for an FHA or VA refinance, or even pull some cash out of your home's equity, Rocket Mortgage likely has an option for you. For conventional loans, you'll usually need a credit score of at least 620, but they can sometimes work with scores around 580 for FHA and VA loans.

Here's a quick look at what they offer:

• Rate and Term Refinances: Standard option to adjust your interest rate or loan term.
• Cash-Out Refinances: Allows you to borrow against your home equity.
• FHA and VA Loans: Options for those with government-backed mortgages.
• Jumbo Loans: For higher loan amounts.

While Rocket Mortgage aims for a smooth, digital experience, it's worth keeping an eye on the closing costs. Sometimes these can be a bit higher compared to other lenders. Always look at the total cost of the refinance, not just the advertised interest rate, to make sure you're getting the best deal overall.

One of the neat things they offer is a discount on closing costs if you refinance with them again within 18 months of your original Rocket Mortgage loan. They also have a presence in all 50 states, making them accessible to most homeowners.

3. Navy Federal Credit Union

If you're part of the military community, Navy Federal Credit Union is definitely worth a look for refinancing your home. They really specialize in serving members of the armed forces and veterans, which means they're pretty dialed into VA loans. It's a credit union, so you do need to be a member to use their services, but for those who qualify, the perks can be pretty good.

Navy Federal offers a couple of main refinance options:

• VA Loans: Tailored for service members and veterans, often with competitive terms.
• Conventional Loans: Standard mortgage options for those who qualify.

One neat feature they have is the Special Freedom Lock. This lets you lock in your interest rate for a longer period, specifically 60 days. Plus, you can get a couple of rate float downs without any extra charge. This can be a nice safety net if interest rates happen to drop a bit after you've already locked yours in. They do have a 1% origination fee, but it's possible to get that waived if you're okay with a slightly higher interest rate on your loan. Many customers have shared positive experiences, often mentioning how helpful the loan officers were throughout the process, making it a less stressful experience than they expected. You can check out their mortgage services for more details.

Refinancing with Navy Federal can be a good move for military families because they tailor their products and services to meet specific needs, often simplifying what can be a complicated process.

4. New American Funding

New American Funding is a lender that often comes up when people are looking to refinance, and for good reason. They tend to have rates that are a bit lower than some of the bigger banks, which can add up to real savings over time. Plus, they're known for being pretty flexible when it comes to credit scores. We've seen them work with scores as low as 500 for certain loan types, which is a big help if your credit isn't perfect.

One of the things that really stands out about New American Funding is how fast they can close on a loan. Seriously, they can sometimes get you from application to closing in as little as 10 days. That's way faster than the average, so if you're in a hurry or just want to get things sorted quickly, they're definitely worth a look. They offer a variety of refinance options, including:

• Rate and Term Refinances: This is the standard type, where you swap your current loan for a new one with potentially better terms.
• Cash-Out Refinances: If you need to tap into your home's equity, this option lets you borrow more than you owe and get the difference in cash.
• Streamline Refinances: They handle these for FHA and VA loans, which usually means less paperwork and a quicker process.
• Interest-Only Options: For those looking to lower their monthly payments, they offer terms where you only pay the interest for a set period.
• 40-Year Terms: This longer loan term can also help reduce your monthly payment, though you'll pay more interest over the life of the loan.

While New American Funding advertises competitive rates and flexible credit requirements, it's always a good idea to check their website for the most current fee structures and loan cost details, as this information isn't always readily available upfront. It's definitely worth getting a quote to see how they stack up. Many customers have had a positive second experience with New American Funding for mortgage loan servicing, indicating satisfaction with their services.

While New American Funding advertises competitive rates and flexible credit requirements, it's always a good idea to check their website for the most current fee structures and loan cost details, as this information isn't always readily available upfront. It's definitely worth getting a quote.

5. Bank of America

Bank of America is a pretty big name in the banking world, and they're a solid choice if you're thinking about refinancing your mortgage, especially if you're already a customer. They seem to handle larger loan amounts pretty well, which is a big plus if your home is worth a good chunk of change. In fact, their average refinance loan amount was around $815,000 in 2024, so keep that in mind if your home's value is on the higher side.

One of the neat things they offer is their Real Estate Center on their website. You can pop in your address and get a feel for your home's worth by looking at similar properties that have sold nearby. This kind of information is super helpful when you're trying to figure out if refinancing makes sense for you.

Here's a quick look at what they generally offer for refinances:

• Loan Types: They typically cover conventional, FHA, VA, and jumbo loans.
• Refinance Options: You can usually look into rate-and-term, adjustable-rate, and cash-out refinances.
• Existing Customer Perks: If you bank with them, you might get some discounts on interest rates or fees. It's always worth asking!

While they don't usually list specific minimum credit scores, their advertised rates are often based on a FICO score of 740 or higher. Also, FHA and VA refinances are generally only available if you already have a mortgage with Bank of America. Still, for many people, particularly those with larger mortgages, Bank of America is a strong contender.

Refinancing can be a smart move to lower your monthly payments or tap into your home's equity. It's important to compare offers from different lenders to find the best fit for your financial situation.

6. Pennymac

Pennymac is a lender that often comes up when you're looking into mortgage refinancing, especially if you're working with government-backed loans like FHA or VA. They actually do a good amount of business in FHA refinances, so if that's your situation, they might have a good handle on things. What's interesting is that Pennymac generally requires a lower credit score to get started, sometimes as low as 620 for conventional loans and even lower for FHA, VA, and USDA loans. This can make them a more accessible option for some homeowners who might not have a stellar credit history.

When it comes to fees, Pennymac has a bit of a mixed bag. They do have a program called the Protector Program that can waive lender fees on a future refinance if rates drop after you've already refinanced with them. That's a pretty neat perk to consider.

Here's a quick look at what they offer:

• Specializes in FHA and VA loan refinances.
• Lower minimum credit score requirements for certain loan types.
• Protector Program to potentially waive future lender fees.
• Available in all 50 states and Washington D.C.

While Pennymac can be a solid choice, especially for government-backed loans, it's always smart to compare their total costs, including fees, with other lenders. Sometimes a slightly higher rate from another place might come with significantly lower fees, making it a better deal overall. Don't just look at the advertised rate; dig into the Loan Estimate to see the full picture.

7. Movement Mortgage

Movement Mortgage is a lender that might catch the eye of real estate investors, especially those with rental properties. They offer a specific type of loan called a Debt-Service Coverage Ratio (DSCR) loan, which is designed for investors. This means you can potentially refinance your investment properties using alternative income documentation, like bank statements or profit and loss statements, instead of relying solely on traditional pay stubs.

To qualify for these DSCR loans, Movement Mortgage generally looks for a minimum credit score of 640. They also have a maximum loan-to-value (LTV) ratio of 80%, and the property's rental income needs to cover at least 75% of the mortgage payment. This focus on investors and rental properties sets them apart.

While Movement Mortgage provides specialized loan options for investors, their website doesn't readily share details about closing costs, lender fees, or sample interest rates. They also didn't respond to requests for more information during our review period, which makes it harder for potential borrowers to get a complete picture upfront.

If you're an investor looking for a lender that understands the nuances of rental property financing, Movement Mortgage could be worth exploring. They offer a variety of loan options suitable for most home buyers, and their DSCR loans are a unique feature in the refinance market. You can find more about their loan options at Movement Mortgage.

8. Fifth Third Bank

Fifth Third Bank is a solid choice if you're looking to refinance, especially if you're in one of the states they serve. They often have loan costs that are a bit lower than some other places, which can add up to savings over time. They aren't available everywhere, but where they are, they seem to focus on keeping things affordable.

They offer a few different loan types, including conventional, FHA, and jumbo loans. For refinancing, you can look into rate-and-term, adjustable-rate, and cash-out options. They also handle VA IRRRL loans.

One interesting program they have is the Rate Drop Protector Program. If mortgage rates fall after you've already refinanced with them, they'll waive lender fees on a future refinance. It's a nice way to get some protection if the market shifts.

Fifth Third Bank is available in states like Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee, and West Virginia. They don't usually list a specific minimum credit score, preferring to look at your whole financial picture.

When you're comparing refinance options, it's easy to get caught up in just the advertised interest rate. But seriously, take a look at the total cost of the loan, including all the fees. Sometimes, a slightly higher rate with lower fees can actually be a better deal overall for you. You can explore their mortgage options to see if they fit your needs.

It's important to remember that advertised rates often depend on having excellent credit. Always check what kind of credit score is being used for their sample rates and if you meet that requirement. Also, consider if any discount points are involved, as these mean paying an upfront fee for a lower rate.

9. Rate

When you're looking to refinance your mortgage, the interest rate is obviously a big deal. It directly impacts how much you'll pay over the life of the loan, and even a small difference can add up to thousands of dollars. Finding a lender that offers competitive rates is key to saving money.

Different lenders will have different rates based on market conditions, your credit score, the loan type, and how much you owe on your home compared to its value (that's the loan-to-value ratio, or LTV). Some lenders might advertise a really low rate, but it's important to look at the Annual Percentage Rate (APR) because that includes fees and other costs, giving you a more accurate picture of the total cost.

Here's a quick look at what influences rates:

• Credit Score: A higher credit score generally means you'll qualify for a lower interest rate. Lenders see a good credit score as less risk.
• Loan Type: Different refinance options, like a cash-out refinance versus a simple rate-and-term refinance, can come with different rates.
• Market Conditions: Interest rates fluctuate daily based on economic factors. What's a good rate today might be different tomorrow.
• Loan Term: Shorter loan terms often have lower interest rates than longer ones.

It's always a good idea to get quotes from multiple lenders. What looks like the best rate on paper might come with higher fees, so comparing the full cost is really important. Some lenders, like New American Funding, have been noted for consistently offering lower rates, while others might focus on speed or customer service. Don't just pick the first one you see; do your homework!

Shopping around for a refinance rate isn't just about finding the lowest number. It's about understanding all the costs involved and choosing a loan that fits your financial situation best. A slightly higher rate with lower fees might end up being a better deal than a super-low rate with a lot of upfront charges.

10. Wells Fargo

Wells Fargo is a big bank, and they've been around for a long time, so they're a familiar name for many people looking to refinance. If you're already a customer, you might find it convenient to stick with them, and sometimes they offer perks for existing clients.

They handle a lot of different loan types, which is good because it means more options for you. Whether you're looking to just change your interest rate or pull some cash out of your home's equity, they likely have a product for it. They also tend to work with a variety of credit scores, though their best rates usually go to those with higher scores.

Here's a general look at what Wells Fargo offers for refinances:

• Rate-and-Term Refinance: This is for when you want to get a better interest rate or change the length of your loan term.
• Cash-Out Refinance: If you need to access the equity you've built up in your home, this option lets you borrow more than you owe and take the difference in cash.
• Adjustable-Rate Mortgages (ARMs): These loans start with a fixed rate for a period, then the rate can change periodically based on market conditions.

When you're looking at refinancing, it's not just about the advertised rate. You've got to consider all the fees, what kind of credit score they're basing their rates on, and if any discounts apply to your situation. Getting a clear picture of the total cost is key.

It's always a good idea to compare Wells Fargo's offers with other lenders. Check out their current rates and any special programs they might be running to see if they fit your specific needs and financial goals for refinancing.

Wrapping Things Up

So, you've looked at some of the top companies for refinancing your mortgage in 2025. Picking the right one really comes down to what matters most to you. Maybe you need the lowest possible rate, or perhaps you're looking for a lender that works fast to get things done. Some folks might need special options for military members, while others just want a company known for great customer service. No matter your situation, there are good choices out there. Remember to compare a few different lenders, look closely at all the fees involved, not just the interest rate, and don't hesitate to ask questions. Taking a little extra time now to find the best mortgage refinance deal can really make a difference in your monthly budget for years to come.

Frequently Asked Questions

What's the main reason people refinance their homes?

Many homeowners decide to refinance their mortgage to get a lower interest rate, which can help them save money on their monthly payments and over the life of the loan. Others might want to change their loan terms, like switching from a loan with a changing interest rate to one that's fixed, or they might want to pull out some cash from their home's value for other expenses.

How do I know if refinancing is a good idea for me?

Refinancing makes sense if the new loan offers you a clear benefit, such as lower monthly payments, a better interest rate, or the ability to access your home's equity. It's a good idea to compare the costs of refinancing with the potential savings to see if it's worth it for your situation.

Is it always cheaper to refinance with my current mortgage company?

Not necessarily. While your current lender might offer you a deal, it's not a guarantee you'll get the best rate or terms. It's smart to shop around and get quotes from a few different lenders to make sure you're getting the most competitive offer available.

What's the difference between a rate and term refinance and a cash-out refinance?

A rate and term refinance is when you replace your current mortgage with a new one that has a different interest rate or a different repayment period, aiming to improve your financial situation. A cash-out refinance also replaces your old loan with a new, larger one, but you get the difference in cash after paying off the old loan. This lets you use your home's equity.

What kind of information do I need to apply for a mortgage refinance?

You'll typically need to provide proof of income (like pay stubs and tax returns), details about your current mortgage, information about your assets and debts, and your credit history. Lenders use this to figure out if you qualify and what interest rate they can offer you.

How long does the refinancing process usually take?

The time it takes to refinance can vary, but it often takes about 30 to 45 days from start to finish. Some lenders, however, can close loans much faster, sometimes in as little as 10 days, which can be a big advantage if you need to act quickly.