Expertise.com
2024

Last updated:

Best Mortgage Brokers in Thousand Oaks

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

34

Reviewed

21

Curated

3

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
658 Thousand Oaks Boulevard, Thousand Oaks, CA 91360
  • Refinance

Why choose this provider?

Not Your Normal Broker is a mortgage brokerage firm serving homeowners in the Thousand Oaks area. It offers loan options for home purchases, refinancing, and investment properties, including USDA, VA, FHA, conventional, jumbo, and conquest. In addition, the company provides services for real estate listings and tax resolutions. Not Your Normal Broker has over 30 years of experience in the industry. It also has locations in Orange, Los Angeles, Ventura, and Santa Barbara Counties.

License Verified:

License: 318052

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 (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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3285 Old Conejo Rd, Thousand Oaks, CA 91320
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Capstone Direct is a full-service mortgage financing company that attends to the needs of residential customers in Thousand Oaks and the surrounding localities. The firm assists homebuyers and real estate investors in choosing the right mortgage program that best suits their needs. Its mortgage brokers represent multiple lenders that can provide a variety of home loan options, such as fixed-rate, adjustable, FHA, VA, and HELOC. The firm also handles reverse mortgage and refinancing programs. The company has been operating since 2007.

License Verified:

License: 236109

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 (121)
Yelp
4.5 / 5 (22)
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
699 Hampshire Road, Westlake Village, CA 91361
  • Refinance

Why choose this provider?

Brian Farwell is a licensed loan officer that serves the financing needs of first-time and seasoned investors within the Thousand Oaks metro. He offers USDA, FHA, and HECM loans and refinancing assistance. He focuses on timely delivery of services, communicating clearly and constantly with clients, and providing convenient transactions. Brian functions as a branch manager of CrossCountry Mortgage, a full-service lending company established in 2003. Additionally, his team of experienced professionals is always accessible to clients from the application process to its conclusion.

License Verified:

License: 1406196

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 (20)

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
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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.