Expertise.com

2024

Last updated:

Best Mortgage Brokers in Goodyear

Our Recommended Top 3

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 Goodyear Mortgage Brokers on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

22Reviewed

14Curated

3Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

2990 N Litchfield Rd., Suite 10, Goodyear, AZ 85395
WebsiteLicense: 267621

Expertise.com Rating

Review Sources

Zillow
4.9 (33)
Facebook
5.0 (5)
Yelp
5.0 (2)

Why choose this provider?

Hector Camarillo is a branch manager from NEXA Mortgage who caters to clients in Goodyear and neighboring areas. He offers a wide range of loan programs to help people achieve their home-buying or refinancing goals. These include VA, FHA, USDA RD, jumbo, and home equity loans. He also provides doctor loans, renovation programs, and HomeReady and Home Possible loans. Other mortgage options include NON-QM, construction, vacant land, and conforming fixed loans. His website has various tools, including a mortgage calculator and a home value estimator.

  • Refinance

2920 N. Litchfield Rd., Goodyear, AZ 85395
WebsiteLicense: 1976619

Expertise.com Rating

Why choose this provider?

Butler Mortgage Group is a provider of personalized loan solutions for borrowers in Goodyear. It accommodates those who require financing options on a real estate property. This group helps aspiring homeowners, including both first-time buyers and seasoned investors, differentiate between loan programs, enabling them to choose the best option available. Some of its loan products include fixed rates, conforming loans, FHA, and VA. The website tools of Butler Mortgage Group enable prospective clients to check which loan they may qualify for.

  • New Construction
  • Refinance

16385 W Yuma Rd, Goodyear, AZ 85338
WebsiteLicense: 2130344

Expertise.com Rating

Review Sources

Facebook
5.0 (10)

Why choose this provider?

Clear to Close Mortgage serves clients in Goodyear and the neighboring cities. The company provides assistance to individuals wishing to apply for conventional loan programs from non-government agencies, such as banks and credit unions. It also offers government loan options, including USDA and FHA. Its team is available to serve veterans and their families who wish to purchase homes with low down payments, allowing them to achieve their financial goals and needs. The company also serves Spanish-speaking clients.

  • Refinance
  • New Construction

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.