Expertise.com

2024

Last updated:

Best Mortgage Brokers in Newport Beach

Our Recommended Top 11

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

30Reviewed

22Curated

11Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
2901 West Coast Hwy Suite 200, Newport Beach, CA 92663
  • Refinance

Why choose this provider?

Crystal Lending Group is a Newport Beach-based company that serves the needs of residential and commercial borrowers in the metro. The business provides FHA, fixed-rate, VA, jumbo, and first-time home buyer loans. Additionally, it has low down payment purchase options, non-QM loans, and investment property programs. It also assists homeowners who want to restructure their debts or get access to cash through refinancing. Crystal Lending Group has been in the industry for 15 years. It funds its own loans, allowing it to deliver lower rates.

License Verified:

License: 1750175

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
5.0 / 5 (120)
Zillow
5.0 / 5 (75)
Yelp
5.0 / 5 (6)

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
130 Newport Center Dr., Newport Beach, CA 92660
  • Refinance

Why choose this provider?

Tim Storm is a loan professional from Fairway Independent Mortgage Corporation who offers tailored financial options to clients in the greater Newport Beach metro. Storm provides brokerage services to help individuals locate the best mortgage package for their requirements. He assists borrowers in filing applications for a selection of loan programs, such as FHA, VA, jumbo, and conventional loans. Tim Storm is certified by the NMLS and has been in the lending industry for over 32 years.

License Verified:

License: 223456

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 (19)
Yelp
5.0 / 5 (19)
Facebook
4.8 / 5 (11)

(+1 additional source)

Website
1 Corporate Plaza Dr #110,, Newport Beach, CA 92660
  • Refinance

Why choose this provider?

BankerBroker serves clients' mortgage needs throughout Newport Beach and the surrounding metros. The company offers a wide variety of home loan options from its network of local, national, and online banks, including FHA and conventional home loans, Hard Money, No Doc and Easy Doc, and bad credit mortgage programs. BankerBroker has over 350 employees worldwide, including those from throughout California. It was founded by former principals with more than a hundred years of combined experience.

License Verified:

License: 135622

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.
4.8
Facebook
4.8 / 5 (35)
Google
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.
4.5
Responsiveness
Friendliness
Helpfulness
Detail

Website
510 31st Street, Unit H, Newport Beach, CA 92663
  • Refinance

Why choose this provider?

John Farrell is a private mortgage banker who assists clients throughout Newport Beach and the surrounding metros. He has over 20 years of experience in the real estate sector and helps clients find the right mortgage solution for their situations. He and his team offer loan options such as new construction and lot, FHA, investment property, VA, and fixed- and adjustable-rate loans. Farrell also offers refinancing assistance to help clients lower monthly payments, take out cash from their equity, or combine current debts.

License Verified:

License: 374639

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
Yelp
5.0 / 5 (64)
Google
5.0 / 5 (62)
Facebook
5.0 / 5 (5)

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
2901 W Coast Hwy. Suite 200, Newport Beach, CA 92663
  • New Construction

Why choose this provider?

Rippon Capital is a locally operated boutique mortgage company in Newport Beach providing personalized home loan solutions to clients in the metro and the surrounding communities. It assists prospective home buyers with their pre-approval and financing needs, as well as existing homeowners planning to refinance their homes. It works closely with clients throughout the mortgage process, from understanding their home financing objectives to selecting options tailored to their lifestyle and financial circumstance and closing a transaction.

License Verified:

License: 2151284

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 (17)

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
19800 MacArthur Blvd. Suite 950, Irvine, CA 92612
  • Refinance

Why choose this provider?

American Heritage Lending specializes in purchasing and refinancing loans for non-owner-occupied properties. It works directly with borrowers, investors, brokers, property managers, and real estate agents in Newport Beach. The team brings a simple, fast, and transparent approach, working diligently to fund loans in as little as five days. Its account executives, loan brokers, and loan officers, who have over $1 billion in loans funded, offer real solutions for difficult loans rejected by traditional lenders or government-automated underwriting methods. American Heritage is a direct lender handling loan submissions to funding in-house.

License Verified:

License: 93735

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.
4.7
Google
4.6 / 5 (45)
Facebook
4.8 / 5 (16)

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
5 Upper Newport Plaza Suite 200, Newport Beach, CA 92660
  • Refinance

Why choose this provider?

Save Financial is a mortgage brokerage that caters to clients across the Newport Beach metro and the neighboring communities. It provides individuals with various mortgage loan options, such as purchase, long-term, bridge, and private money. It also serves clients wishing to purchase condos, townhouses, and one-to-four unit homes using no-income mortgage loans. Mortgage refinancing and commercial transaction services are also available. The brokerage's loan officers have more than 25 years of combined experience in the industry.

License Verified:

License: 377740

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
Zillow
4.9 / 5 (231)
Google
4.9 / 5 (111)
Yelp
5.0 / 5 (49)

Website
895 Dove St, Newport Beach, CA 92660
  • Refinance

Why choose this provider?

Pacific Coast Home Loans & Realty, Inc., serves residents in Newport Beach who are looking for mortgage brokers. The office delivers a variety of loan options, including fixed mortgages with terms ranging from 15 years to three decades. 5/1 adjustable-rate choices are also available. The company maintains online facilities to facilitate lending and refinancing transactions. Pacific Coast opened in 2002. Its principal and owner, Noah Sharifi, has more than two decades of experience in the mortgage industry.

License Verified:

License: 303658

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
Yelp
5.0 / 5 (33)
Google
4.8 / 5 (17)

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
4000 MacArthur Blvd, Suite 800, Newport Beach, CA 92660
  • Refinance

Why choose this provider?

Excelerate Capital is a full-service mortgage firm based in Newport Beach. It offers customers residential property lending options, including conventional loans and mortgage programs fit for seasoned real estate investors. The team uses paperless processes to facilitate compliance with periodic dues. Excelerate Capital also has choices that address the needs of everyday wage earners and self-employed individuals. The business has been open since 2015 and focuses on non-qualifying mortgages. Its CEO, Thomas Yoon, is an 18-year veteran of the lending sector.

License Verified:

License: 61382

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.
3.9
Google
3.9 / 5 (21)
Zillow
5.0 / 5 (19)
Yelp
1.0 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
18401 Von Karman Avenue Suite 430, Irvine, CA 92612
  • Refinance
  • New Construction

Why choose this provider?

Pacific Financial is a team of mortgage professionals serving the homeownership needs of the Newport Beach community. Leveraging its knowledge of the mortgage banking industry, the team assists individuals and families in applying for programs such as HELOC, reverse mortgage, and private equity funding. These professionals guide clients through the loan or refinancing process, from analysis of finances and appraisal to closing. Pacific Financial was founded in 2004 and also serves multiple states, including Florida, Arizona, and Colorado.

License Verified:

License: 1284822

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.
4.8
Google
4.9 / 5 (67)
Facebook
4.8 / 5 (45)
Yelp
4.5 / 5 (21)

Website
20062 SW Birch St. Suite 230, Newport Beach, CA 92660
  • Refinance

Why choose this provider?

Americas Funding Group (AFGMTG) is a private mortgage brokerage and banker serving Newport Beach. As a full-service provider, the company renders a range of real estate financing services, from mortgage arrangement to financial consultation. It assists various clientele, including individuals and families buying their first homes, those who are upgrading, and clients considering refinancing or reverse mortgages. AFGMTG is a family-owned business that has been operating for over 20 years. It is a Freddie Mac, Fannie Mae, and Ginnie Mae direct lender.

License Verified:

License: 1407758

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
Zillow
5.0 / 5 (32)
Facebook
5.0 / 5 (30)
Yelp
4.5 / 5 (16)

(+1 additional source)

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.