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Best Mortgage Brokers in Garland

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8350 N Central Expy Suite 1900, Dallas, TX 75206
Dallas, TX 75206
  • New Construction

Best Suited Mortgage serves residents of Garland and the surrounding areas. It offers a variety of mortgage options to help individuals and families achieve homeownership. These include jumbo, conventional, and FHA home loans. Its staff guides people in choosing the right mortgage that meets their specific financial goals. It also offers assistance on each step of the home purchasing and refinancing process. The firm serves various types of clients, including first-time homebuyers, self-employed borrowers, and investors.

8350 N Central Expy Suite 1900, Dallas, TX 75206
Dallas, TX 75206

Website(844) 602-7848

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

1 (Good)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

32 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

15301 Spectrum Dr., Suite 550, Addison, TX 75001
Addison, TX 75001
  • Refinance

Founded in 1995, Country Place Mortgage offers loans for manufactured, modular, and mobile homes in and around Garland. As a full-service mortgage lender, the company helps customers choose from a wide selection of loan options depending on their specific needs. Products include conventional, Fannie Mae HARP FHA, USDA, and VA loans. It has the expertise to help customers navigate the challenging mortgage process, whether it's a chattel, land/home package, or new construction loan. Refinancing options are also available.

15301 Spectrum Dr., Suite 550, Addison, TX 75001
Addison, TX 75001

Website(800) 228-1828

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We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

1 (Good)

Average Review Score:

4.2 / 5 ( Best)

Total Reviews:

190 (Best)

Score Consistency:

Consistent (Best)

1900 Jay Ell Drive, Richardson, TX 75081
Richardson, TX 75081
  • Refinance

Gracie Morrow Mortgage Group is a full-service mortgage team that provides services in Garland and its surrounding areas. The team was established in 2012 and has helped more than 1000 clients with their financing and refinancing loans. It provides various loan options such as conforming, VA, FHA, jumbo, and USDA loans. Moreover, it provides different mortgage options such as reverse, adjustable-rate, and fixed-rate mortgages. Gracie Morrow Mortgage Group works under Thrive Mortgage, a mortgage broker firm established in 2001.

1900 Jay Ell Drive, Richardson, TX 75081
Richardson, TX 75081

Website(972) 757-2132

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We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

4 (Best)

Average Review Score:

4.7 / 5 ( Best)

Total Reviews:

177 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

5 Horizon Court, Heath, TX 75032
Heath, TX 75032
  • New Construction

Integrity Mortgage Corporation of Texas is a company that has been providing mortgage solutions in Garland and its surrounding areas since 1993. It was founded by Roger and Pam Bazzell who have over 50 years of combined experience in the industry. The company helps its clients find the right mortgage option and helps them throughout the loan process. One of its clients said that they had the easiest home buying experience because of Integrity Mortgage Corporation of Texas.

5 Horizon Court, Heath, TX 75032
Heath, TX 75032

Website(214) 342-0044

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

4 / 5 ( Best)

Total Reviews:

139 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: --

14285 Midway Road Ste. 345, Addison, TX 75001
Addison, TX 75001
  • Refinance

hard money lender, not broker

14285 Midway Road Ste. 345, Addison, TX 75001
Addison, TX 75001

Website(214) 219-0360

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

1 (Good)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

31 (Best)

Score Consistency:

Consistent (Best)

2313 Ridge Road, Rockwall, TX 75087
Rockwall, TX 75087
  • Refinance

Jenay Bowen is a loan officer who runs her own team for Summit Funding Inc. and serves homeowners in Garland. She caters to first-time applicants and those planning to refinance. Jenay explains the mortgage process to her clients and guides them through each step, from pre-approvals to documentation and closing. She also compares the interest rates and monthly down payments of different programs, such as jumbo and FHA loans. Furthermore, she connects clients to Realtors so they can find a suitable house located in and around the city.

2313 Ridge Road, Rockwall, TX 75087
Rockwall, TX 75087

Website(972) 840-3388

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

1 (Good)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

5 (Good)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

4100 Spring Valley Rd. Suite 770, Dallas, TX 75244
Dallas, TX 75244
  • New Construction

Lendova is an upfront mortgage lending business that assists Garland clients. Its mortgage brokers attend to first-time homebuyers who are searching for low down payments, borrowers who need mortgage insurance, and investors purchasing rental properties. It offers its customers control in selecting a loan program, interest rates, and closing costs. Its loan processing team maintains constant communication with clients and provides regular updates. Its staff is available every day including weekends to help clients navigate the loan process.

4100 Spring Valley Rd. Suite 770, Dallas, TX 75244
Dallas, TX 75244

Website(214) 245-3908

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

4.5 / 5 ( Best)

Total Reviews:

86 (Best)

Score Consistency:

Consistent (Best)

3130 North Shiloh Road, Garland, TX 75044
Garland, TX 75044
  • Refinance
  • Purchase Transactions

Loan Java is a company located in Garland that specializes in home purchase and refinance loans. It offers a wide range of loan programs for single and multi-family houses, manufactured homes, condominiums, and townhouses. Some of the loan programs available include VA, FHA, USDA, and jumbo home loans. Furthermore, it presents various mortgage rate options, including fixed-rate, interest-only, adjustable ARM, and graduated payment mortgages. Loan Java has been in the mortgage business for many years.

3130 North Shiloh Road, Garland, TX 75044
Garland, TX 75044

Website(469) 714-6062

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

100 (Best)

Score Consistency:

Consistent (Best)

1401 N. Central Expressway, Richardson, TX 75080
Richardson, TX 75080
  • New Construction
  • Refinance

Mercantile Mortgage is a firm that serves residential and commercial clients in Garland and its surrounding areas. It offers financing for condominiums, townhouses, and single-family homes. It helps clients understand closing costs and interest rates. In addition, its loans for manufactured homes increase the value of vacation areas, primary residences, and other properties. The company's brokers offer VA loans, which are appropriate for military veterans. Mercantile Mortgage is a member of the National Association of Mortgage Brokers.

1401 N. Central Expressway, Richardson, TX 75080
Richardson, TX 75080

Website(972) 661-9988

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

1 (Good)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

31 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

500 North Central Expressway, Plano, TX 75074
Plano, TX 75074
  • Commercial Loans
  • Multi-Family Loans

Motto Mortgage is a mortgage broker that serves clients in Garland. It offers a wide range of mortgage loan options for homebuyers and homeowners, including fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and interest-only mortgages. It has also formed a partnership with the real estate firm Realty Preferred DFW, which shares its client-focused business model. Its experienced loan officers can speak Spanish, which allows them to serve the insurance needs of the Latinx market.

500 North Central Expressway, Plano, TX 75074
Plano, TX 75074

Website(214) 550-6469

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

1 (Good)

Average Review Score:

4 / 5 ( Best)

Total Reviews:

12 (Better)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

310 East I30, Garland, TX 75043
Garland, TX 75043
  • Refinance
  • Reverse Mortgages

Not Your Average Lender provides mortgage loans to individuals in Garland and the surrounding areas. Its team helps clients find a suitable loan option that fits their home purchasing needs. They give customers a chance to choose fixed-rate loans with stable payments. In addition, the professionals at Not Your Average Lender cater to clients who are looking for reverse mortgages that offer benefits on flexible terms, such as monthly payments, lump-sum distribution, and credit lines for emergencies.

310 East I30, Garland, TX 75043
Garland, TX 75043

Website(972) 203-9033

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

4.4 / 5 ( Best)

Total Reviews:

36 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

18111 Preston Road #500, Dallas, TX 75252
Dallas, TX 75252
  • New Construction

Serving in Garland and the surrounding areas, Rob Dessommes is a senior mortgage loan officer at PrimeLending. Since 1993, he has arranged mortgage loans for first-time homebuyers, investors, and homeowners looking to refinance their existing mortgages. His services are also available to those who are credit-challenged. His mortgage program offerings include conventional, jumbo, FHA, VA, and USDA loans. PrimeLending has been placed 6th on Mortgage Executive Magazine's Top 100 Mortgage Companies in America.

18111 Preston Road #500, Dallas, TX 75252
Dallas, TX 75252

Website(972) 407-7907

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

125 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

6800 Weiskopf Avenue, McKinney, TX 75070
McKinney, TX 75070
  • Multi-Family Loans

Service First Mortgage started as a mortgage brokerage firm in 1997. Having grown into a mortgage banking business, it originates and funds loans for clients in Garland. Particularly, it offers bridge loans, HomeReady loans, and pool escrows. It is also the goal of the company to help clients build informed financial habits by enriching their financial management knowledge. The company's vice president, John Donnelly, was recognized by the National Mortgage Professional Magazine as one of its 40 Most Influential Mortgage Professionals.

6800 Weiskopf Avenue, McKinney, TX 75070
McKinney, TX 75070

Website(214) 576-2900

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

4.9 / 5 ( Best)

Total Reviews:

177 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

6953 La Vista Drive, Dallas, TX 75214
Dallas, TX 75214
  • New Construction
  • Refinance

Stonebriar Mortgage is a mortgage brokerage near Garland that counsels homebuyers and homeowners seeking residential financing and mortgage options. The firm was founded by Mike Owen in August 2001 after a successful career as a broker for Landmark Mortgage. Some of his loan programs include first-time homebuyer loans, government loans, conventional loans, jumbo loans, and residential loans for foreign nationals. The brokerage also provides bank statement services as well as home refinancing options.

6953 La Vista Drive, Dallas, TX 75214
Dallas, TX 75214

Website(214) 669-3307

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

4.9 / 5 ( Best)

Total Reviews:

28 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

14841 Dallas Pkwy, #250, Dallas, TX 75254
Dallas, TX 75254
  • New Construction

Supreme Lending is a full-service mortgage firm that offers comprehensive mortgage solutions to clients in Garland and the surrounding communities. It has been in business since 1999 and helps its clients in owning their first homes as well as acquiring new lower monthly payments. The firm offers a variety of loans including FHA, VA, USDA, jumbo, and conventional loans. It also offers assistance with specialty loans like First Time Homebuyers, DACA, Educator Mortgage, and Give Back Program.

14841 Dallas Pkwy, #250, Dallas, TX 75254
Dallas, TX 75254

Website(469) 902-5300

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

1 (Good)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

527 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

12160 Abrams Rd., Suite 411, Dallas, TX 75243
Dallas, TX 75243
  • Refinance

Founded in 1999, Supreme Lending Team Pierson serves clients in Garland. It provides a variety of mortgage loan options for homebuyers, homeowners, and investors that include conventional, jumbo, adjustable-rate, FHA, and VA loans. The lender also provides specialty loans, such as the Supreme 100 and first-time homebuyer programs. It has branches all over the country, making it easy for its loan consultants to help clients achieve their homeownership goals utilizing its consumer-first approach to mortgage lending.

12160 Abrams Rd., Suite 411, Dallas, TX 75243
Dallas, TX 75243

Website(972) 656-0826

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

38 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

3235 Homer St.214-774-4764, Dallas, TX 75206
Dallas, TX 75206
  • Refinance

Tatom Lending offers its services to clients in Garland and its nearby areas. It provides mortgage solutions and strives to educate homeowners, homebuyers, and home loan borrowers by supplying various options when purchasing a new home or refinancing an existing one. It handles different loan types such as fixed-rate loans, adjustable-rate loans, FHA loans, and VA loans. Owner Kirk Tatom, who began his mortgage career back in 2000, is a member of the National Association of Mortgage Brokers.

3235 Homer St.214-774-4764, Dallas, TX 75206
Dallas, TX 75206

Website(214) 774-4764

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

1 (Good)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

43 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

4100 Spring Valley Rd. Suite 770, Dallas, TX 75244
Dallas, TX 75244
  • New Construction

Texas Trust Home Loans is a mortgage lender that meets the needs of people in Garland and nearby areas. It assists clients who want to purchase or refinance a home by providing different loan options for their financial goals. It helps clients find the best loan programs, considering factors such as interest rates and closing costs. Its team has open lines of communication. Previous clients commended the company for its customer service.

4100 Spring Valley Rd. Suite 770, Dallas, TX 75244
Dallas, TX 75244

Website(888) 971-1425

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

4.7 / 5 ( Best)

Total Reviews:

320 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

375 Cedar Sage Drive, Garland, TX 75040
Garland, TX 75040
  • Refinance
  • Purchase Transactions

The Heritage Group serves clients in Garland and the neighboring communities. The agency offers mortgage products ranging from VA, FHA, and USDA rural loans to conventional, jumbo, and fixed-rate loans. It also provides mortgages for police officers and teachers through down payment assistance programs. Bond and grant programs are also available. The agency also assists clients who speak Spanish. The Heritage Group is part of Fairway Independent Mortgage Corporation. Its branch manager, Linda Davidson, has over two decades of finance industry experience.

375 Cedar Sage Drive, Garland, TX 75040
Garland, TX 75040

Website(972) 278-3400

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

4.2 / 5 ( Best)

Total Reviews:

244 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

2624 Long Prairie Rd, Suite 105, Flower Mound, TX 75022
Flower Mound, TX 75022

The Texas Home Team delivers mortgage programs to Garland residents. The company gives first-time homebuyers loan products with varying downpayment schemes and principal amounts. It assists clients with every step of the process, from opening a loan to closing. The team also educates individuals on the common mistakes related to borrowing, such as ignoring one's credit score and improperly assessing one's financial standing. The Texas Home Team is a family business founded by Chris Hernandez. His background is in business administration.

2624 Long Prairie Rd, Suite 105, Flower Mound, TX 75022
Flower Mound, TX 75022

Website(214) 485-2200

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

105 (Best)

Score Consistency:

Consistent (Best)

4001 McEwen Rd. Ste 420, Dallas, TX 75244
Dallas, TX 75244
Instagram
  • Refinance

The USA Mortgage Group offers its services to individuals and families throughout Garland and nearby communities. It provides conventional, FHA, and VA loan options for refinancing, equities, cash-outs, and funds for property purchases. To keep clients updated regarding the programs available, it utilizes live analytic tools that deliver notifications about increases, decreases, and other changes in the local area. Its staff has more than 50 years of combined experience and access to lenders throughout the country.

4001 McEwen Rd. Ste 420, Dallas, TX 75244
Dallas, TX 75244

InstagramWebsite(866) 216-9007

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

1 (Good)

Average Review Score:

4.9 / 5 ( Best)

Total Reviews:

117 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

25 Noble Court, Heath, TX 75032
Heath, TX 75032
Instagram
  • New Construction

William Branch is a mortgage professional dedicated to helping customers in Garland purchase their dream homes. He works through AmCap Home Loans to offer clients different residential loan products so they can achieve their financing goals. These options include conventional, jumbo, TVLB, FHA, USDA, and VA home loans. Mortgage loan programs for individuals who wish to use ITINs or bank statements are also available. William aims to simplify the mortgage process. He values communication and makes sure to promptly respond to clients' concerns regarding home loans.

25 Noble Court, Heath, TX 75032
Heath, TX 75032

InstagramWebsite(214) 789-0477

Show Number

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.

Online Profiles:

2 (Better)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

434 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

Frequently Asked Questions:

Q: Do mortgage brokers need to be licensed?
A: Yes, all mortgage brokers need to be licensed. Individuals need to complete a 20-hour class that goes over state and federal laws for mortgages and other important information. Next, individuals take the official test with the National Mortgage Licensure System.
Q: Is it difficult to pass the mortgage brokers’ test?
A: Upon completion of educational requirements, you must pass the mortgage broker test to receive your license. It's a two-part test called the Safe Mortgage Loan Originator Exam, and it can be a bit challenging. Out of almost 87,600 national test-takers, 57% passed on their first attempt. The test includes both a state and national portion and requires a minimum score of 75% to pass.
Q: What is a surety bond for mortgage brokers?
A: A surety bond is a legal contract that binds three parties — the obligee, the principal, and the surety. Surety bonds are typically required to receive a license for operating as a mortgage broker. When a mortgage broker gets a surety bond, it's a legal guarantee they'll perform their obligations to their customers as required by law.

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