Expertise.com
2024

Last updated:

Best Mortgage Brokers in Carlsbad

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

30

Reviewed

19

Curated

3

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
5860 Owens Avenue, Carlsbad, CA 92008
  • Refinance

Why choose this provider?

Based in Carlsbad, MortgageOne, Inc., assists clients in choosing financing options for home purchases. The firm offers various loan types, including jumbo, fixed-rate, adjustable-rate, FHA, and VA loans. It also provides refinancing solutions, such as cash-out refinance. Owner Bryce Schetselaar previously worked as a loan originator for the Bank of America and later established his own firm in 2012. MortgageOne, Inc., operates in seven states. In addition, it is an Equal Housing Lender.

License Verified:

License: 898812

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 (311)
Yelp
4.0 / 5 (8)
Facebook
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
10509 Vista Sorrento Parkway, San Diego, CA 92121
  • Refinance
  • Reverse Mortgages

Why choose this provider?

David McGee is a mortgage broker with C2 Financial that has been serving clients in the Carlsbad area for over 30 years. He provides assistance to clients looking to buy a home or refinance their properties. He specializes in reverse mortgages, including the HECM loan backed by the FHA, that can turn a portion of a home's equity into cash. Jumbo reverse mortgage loans are available. David has helped over 65,000 families finance their homes.

License Verified:

License: 1014800

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 (6)
Yelp
5.0 / 5 (2)

Website
2611 South Coast Highway 101, Cardiff by the Sea, CA 92007
  • Refinance
  • Reverse Mortgages
  • Purchase Transactions

Why choose this provider?

Steve Hougard Loans serves Carlsbad and its neighboring metros. The company provides mortgage solutions to individuals who are buying or refinancing a property. Its mortgage specialists walk clients through the whole home buying process, from pre-qualification, application, processing, and approval to closing. They are committed to closing a loan in 30 days or less. They also present various loan options to clients, which include FHA, VA, conventional, and reverse mortgages. The company has been serving the community since 1987 and has processed over 2,000 loans.

License Verified:

License: 246875

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 (162)

Frequently Asked Questions

  • 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.