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Best Mortgage Brokers in El Monte

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501 South San Gabriel Boulevard, San Gabriel, CA 91776
San Gabriel, CA 91776
  • Refinance
  • Purchase

First Professional Finance Corporation is a mortgage brokerage serving clients in El Monte and the neighboring areas. The company represents wholesale mortgage lenders to offer exclusive interest rates for clients. Its loan products include FHA loans, VA loans, and FHA and VA streamline refinancing. It also provides clients with cash-out refinancing and home refinancing options. The company's online calculators and tools allow visitors to see the loan requirements and estimates applicable to them.

501 South San Gabriel Boulevard, San Gabriel, CA 91776
San Gabriel, CA 91776

Website(626) 287-6886

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:

3 (Best)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

19 (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+

6269 Rosemead Boulevard, Temple City, CA 91780
Temple City, CA 91780
  • Refinance

Loan Factory - San Gabriel Valley offers customized home refinancing loans, home purchasing loans, and comprehensive rate comparisons across all lenders throughout California cities, such as El Monte. It has successfully closed more than 9,000 loans with most loans closed 25 days or less. It is partners with Home Point Financial, Flagstar Bank, Stearns Home Loans, Sprout Mortgage, and Kind Lending. Additionally, it is licensed by the California Department of Real Estate and the California Department of Financial Protection and Protection.

6269 Rosemead Boulevard, Temple City, CA 91780
Temple City, CA 91780

Website(626) 999-9900

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:

3 (Best)

Average Review Score:

4.6 / 5 ( Best)

Total Reviews:

209 (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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