Expertise.com

Best Mortgage Brokers in Menifee

2024

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Website
38625 Calistoga Dr Suite 200, Murrieta, CA 92563
  • Refinance
  • New Construction

Why choose this provider?

Kathy Lee Mortgage Team serves clients throughout Menifee. It assists active duty military service members and second military veterans looking to buy a home in applying for VA loans. Its other products include FHA, jumbo, and conventional loans. Additionally, the company helps local homeowners take cash out of their equity or change loan terms by providing them with various refinancing options such as FHA and VA cash-out and streamline. Kathy Quach, who has over 20 years of industry experience, leads the agency.

License Verified:

License: 1202711

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.
4.9
Google
4.9 / 5 (47)
Facebook
5.0 / 5 (16)

Website
Menifee, CA
  • Refinance

Why choose this provider?

Realloans.com is a brokerage company that helps Menifee homebuyers. It offers various financial options, including jumbo and reverse mortgages, home equity lines of credit, 30- and 15-year fixed rate conforming, and FHA and VA loans. In addition, it provides private mortgage refinancing, cash purchases of foreclosed properties, and seller financing for commercial and residential real estate sales. The owner, Rick Tobin, has published educational courses on residential and commercial real estate, economics, and mortgage trends.

License Verified:

License: 1883108

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

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
31290 Windstone Drive, Winchester, CA 92596
  • New Construction

Why choose this provider?

Gravity Mortgage caters to individuals and families in Menifee and the surrounding areas. It collaborates with various financial institutions to provide loans to residents based on their goals and needs, including VA, conventional, FHA, and down payment assistance programs. The company has a centralized portal to store and manage clients' documents. Its branch manager, Shawn Gallup, has been in the finance industry since 1993. He has worked for business and consumer banks, brokers, and direct lenders.

License Verified:

License: 1772026

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 (18)
Facebook
5.0 / 5 (5)

Website
31630 Railroad Canyon Rd Suite 6, Canyon Lake, CA 92587
  • Refinance

Why choose this provider?

Kim England is a mortgage professional who caters to the communities in Menifee. Together with the team at Point Mortgage Corporation, England assists clients throughout the process of securing financing or refinancing, from start to finish. The company delivers a variety of loan products, including FHA, VA, USDA, fixed-rate, and jumbo loans. It serves buyers and owners of various types of properties such as condo units, townhomes, and manufactured, single-family, and multi-family homes.

License Verified:

License: 233892

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
Facebook
5.0 / 5 (20)
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
30267 Moon Star Cir, Menifee, CA 92584
  • Reverse Mortgages

Why choose this provider?

Gary Mickey is a mortgage specialist with C2 Financial Corporation. He assists clients in Menifee and the surrounding areas in applying for jumbo loans and reverse mortgages. Mickey advises and assists borrowers with financial assessments, appraisals, processing, and underwriting. He also educates clients by explaining the home loan process and debunking myths about reverse mortgages. Mickey holds the designation of Certified Reverse Mortgage Professional. He has been in the mortgage business since 2002. He and his wife bought their home with a reverse mortgage.

License Verified:

License: 239423

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

Website
24910 Las Brisas, 119, Murrieta, CA 92562
  • New Construction

Why choose this provider?

Vault Financial Mortgage Services is a locally owned and operated brokerage firm that has been serving Menifee and the surrounding areas since 2009. It provides a wide variety of loan products, including 30-year and 15-year fixed-rate, adjustable-rate, jumbo, and super jumbo loans. It also assists with government programs such as FHA, VA, and USDA loans. Firm president Wes Hankins has been working in real estate and lending for more than 17 years. He has managed thousands of transactions in his profession.

License Verified:

License: 308071

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 (125)
Zillow
5.0 / 5 (52)
Yelp
5.0 / 5 (3)

(+1 additional source)

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

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.