Expertise.com

2024

Last updated:

Best Mortgage Brokers in Little Rock

Our Recommended Top 6

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Little Rock Mortgage Brokers on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

51Reviewed

33Curated

6Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
12410 Cantrell Rd. Suite 101, Little Rock, AR 72223
  • Refinance

Why choose this provider?

Since 1999, Supreme Lending Mid South Region has been serving individuals, builders, and realtors in Little Rock. Its work entails underwriting, closing, and mobilizing funds from investors to gain low-interest rates and help more people. Among its financing services are VA, USDA, FHA, and down payment assistance. Its specialists assist clients throughout the process, from providing loan education to collating documents. To give back to the community, the company donates a part of its profit to a partner organization each time it closes a loan.

License Verified:

License: 2129

Nationwide Multistate Licensing System and Registry

Reputation:

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.
5.0
Google
5.0 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
11825 Hinson Road, Little Rock, AR 72212
  • New Construction

Why choose this provider?

Guardian Home Mortgage Corporation is a small family-owned and family-operated business that has serviced the residents of Little Rock and its surrounding areas for 25 years. It is composed of mortgage brokers who guide their clients in finding the right loan solutions for their specific needs. The team works by finding existing available market rates, services, and options for home loans that fit the clients' preferences. They provide guidance in understanding available complex financing packages as well.

License Verified:

License: 128693

Nationwide Multistate Licensing System and Registry

Reputation:

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.
5.0
Google
5.0 / 5 (3)
Facebook
5.0 / 5 (2)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
25 Rahling Circle, Little Rock, AR 72223
  • Refinance

Why choose this provider?

Pilgrim Mortgage is a full-service mortgage company providing Little Rock residents with varied loan options. This company offers assistance with calculating payments, getting pre-approval for home loans, and offering loan options that fit its clients' needs. It offers FHA, VA, conventional, jumbo VA, and USDA loans. Pilgrim Mortgage also offers Texas vet loan, a loan program providing assistance to veterans and active-duty soldiers who wish to purchase their first, second, or retirement homes.

License Verified:

License: 225091

Nationwide Multistate Licensing System and Registry

Reputation:

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.
4.4
Facebook
4.5 / 5 (77)
Google
4.1 / 5 (34)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
11524 Fairview Road, Little Rock, AR 72212
  • Refinance
  • Purchase Transactions

Why choose this provider?

Mortgage Financial Services is an independent mortgage brokerage firm in Little Rock. It assists first-time home buyers and homeowners looking to purchase a second home. The company's loan options include FHA, VA, jumbo, and fixed-rate mortgages. Additionally, it provides a variety of refinancing programs to help clients who want to lower their monthly payments, consolidate debt, and pay off their loans faster. Mortgage Financial Services offers services for in-house down payment assistance and amortization schedules.

License Verified:

License: 43021

Nationwide Multistate Licensing System and Registry

Reputation:

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.
4.2
Google
4.0 / 5 (73)
Facebook
5.0 / 5 (22)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
2121 Watt Street, Little Rock, AR 72227
  • Multi-Family Loans

Why choose this provider?

Benchmark Home Loans is a mortgage lending company servicing Little Rock. It assists individuals planning to purchase or refinance a home to get pre-approved for a loan through a mobile-friendly application process. Its website contains informative videos that guide clients throughout the home loan process. Moreover, specialized services are available for veterans through VA home loans. The company's branch manager, GG Millard, has been working in the industry for 17 years. Aside from loan products, she also specializes in real estate investment and mortgage planning.

License Verified:

License: 2143

Nationwide Multistate Licensing System and Registry

Reputation:

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.
5.0
Google
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
650 South Shackleford Road, Little Rock, AR 72211
  • Refinance

Why choose this provider?

Wonder State Mortgage is a mortgage brokerage firm located in Little Rock offering digital mortgage solutions for home buyers. Its mortgage loan products include fixed-rate loans, jumbo loans, and Federal Housing Administration (FHA) loans. The company also offers adjustable-rate mortgages, interest-only mortgages, and graduated payment mortgages. Wonder State Mortgage’s loan officers are based in its service area, making them knowledgeable of the local market and community they serve. They are also available to answer queries relevant to their clients’ needs.

License Verified:

License: 130964

Nationwide Multistate Licensing System and Registry

Reputation:

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.
5.0
Google
5.0 / 5 (121)
Facebook
5.0 / 5 (40)
Yelp
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
––

FAQs

  • Introduction

    It’s the American dream to buy property, and almost everyone who purchases a home does so with the help of a mortgage broker. It can be intimidating when you don’t know where to begin, what information is necessary, and how to receive a loan. A mortgage broker acts as an intermediary between the applicant and the financial institution.


    The mortgage broker’s role includes comparing loan terms across lenders to find applicants the best options, collecting paperwork the financial institution needs to analyze the application, and guiding the buyer through the underwriting and closing processes. Mortgage brokers can significantly simplify the home buying process.

  • Can mortgage brokers work across state lines?

    Yes, mortgage brokers can work across state lines. However, each state has different licensing requirements for mortgage brokers. Customers should ensure their broker can legally work in another state before going across state lines. Lastly, don’t forget the mortgage process is often time-sensitive, so being in different time zones can be problematic.

  • How do mortgage brokers find lenders?

    Mortgage brokers work independently and act as a bridge between the client and the lender. They reach out to several lenders to form a network and build professional relationships with those they work with often. They use lenders who best meet a client's rates and terms, and some lenders only do business through mortgage brokers.  

  • What credit score do mortgage brokers use?

    There are two credit scoring models in the United States: FICO and VantageScore. Mortgage lenders typically prefer to use FICO. However, each credit bureau uses a different version of the FICO score:

    • Experian uses FICO Score 2
    • Equifax uses FICO Score 5
    • TransUnion uses FICO Score 4

  • Do mortgage brokers help with refinancing?

    Yes, mortgage brokers can help with refinancing. Individuals who have a solid credit score will typically go to their bank to refinance their mortgage. However, if you don't have excellent credit, a mortgage broker may be able to secure you a better interest rate than you could get on your own.

    You pay a fee to the mortgage broker, so you'll want to consider this fee versus your savings in your cost-benefit analysis.
  • Can you work with two mortgage brokers?

    You can definitely work with two mortgage brokers. The advantage of using multiple brokers is that you'll have two people reaching out to several lenders to secure the best rate possible. However, you must ensure you provide matching information to all your brokers. If two brokers provide mismatched information about your application to the same lender, it can send off red flags and delay your approval process.

  • Do mortgage brokers get better deals?

    Yes, a mortgage broker should be able to get you a better deal. Mortgage brokers go to several lenders on your behalf and find the one with the best terms and interest rates. However, note that some mortgage brokers have preferred lenders. A broker may bring you their preferred lender's offer, even if it's not the best one; however, this isn't a regular practice.