Expertise.com

Best Mortgage Brokers in Clearwater

Laurels
Laurels

We did the research for you!

Learn more
  • checkboxLicensing
  • checkboxUser Reviews
  • checkboxMystery Shopping Calls

Mortgage Brokers FAQs

Learn more
Brittney Bennett logo
Visit WebsiteWebsite

License Verified:

License: 1070513

Nationwide Multistate Licensing System and Registry

Brittney Bennett

5020 W Linebaugh Ave Suite 130, Tampa, FL 33624
Visit WebsiteWebsite
  • Refinance

Business Description

Brittney Bennett of VanDyk Mortgage Corporation is a loan originator that serves clients in Clearwater and the surrounding areas. She assists borrowers in navigating the loan process and tailoring loan options based on their specific needs. She offers 15-year fixed and 30-year fixed loan programs. VanDyk Mortgage Corporation is a mortgage lender founded in 1987 that has served over 120,000 clients nationwide. It currently has over 500 employees helping borrowers out of more than 90 offices in 43 states.

License Verified:

License: 1070513

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
3.7 / 5 (3)

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
DDA Mortgage, Inc logo
Visit WebsiteWebsite

License Verified:

License: 324329

Nationwide Multistate Licensing System and Registry

DDA Mortgage, Inc

11701 S Belcher Rd, Largo, FL 33773
Visit WebsiteWebsite
  • Refinance
  • Refinancing

Business Description

Didier Malagies of DDA Mortgage, Inc. is a mortgage broker with over 30 years of experience in helping borrowers in Clearwater determine the ideal loan option based on their needs. He has closed over a billion dollars in loans. The firm offers residential and commercial loan programs, as well as refinancing options. DDA Mortgage, Inc. is locally owned and operated and it has been serving clients for over two decades. It is partners with Saleztrax, an independent processing company.

License Verified:

License: 324329

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 (293)
Facebook
5.0 / 5 (18)

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
Fairway Independent Mortgage Corporation logo
Visit WebsiteWebsite

License Verified:

License: 2289

Nationwide Multistate Licensing System and Registry

Fairway Independent Mortgage Corporation

2945 Alt 19, Ste A, Palm Harbor, FL 34683
Visit WebsiteWebsite
  • Refinance

Business Description

Fairway Independent Mortgage Corporation offers comprehensive solutions to clients in Clearwater and its nearby areas. Founded in 1996, the firm offers a broad range of loan programs that includes FHA and VA loans, fixed-rate and adjustable-rate mortgages, and reverse mortgage loans. Clients who want to cover the costs of repairs, remodels, renovations, and energy-efficient enhancements in their houses can also apply for renovation loans. The company is staffed by more than a dozen loan officers.

License Verified:

License: 2289

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 (3)

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
Fidelity Funding Mortgage Corp logo
Visit WebsiteWebsite

License Verified:

License: 209357

Nationwide Multistate Licensing System and Registry

Fidelity Funding Mortgage Corp

2759 Florida 580 #114, Clearwater, FL 33761
Visit WebsiteWebsite
  • Refinance

Business Description

Fidelity Funding Mortgage Corp offers real estate financing services in the Clearwater area. It is a direct lender and has a wide range of loan products to meet each borrower's needs. The company handles government-backed and conventional mortgages, including FHA, VA, FNMA, FHLMC, USDA, and HECM. It also assists with refinancing options. Fidelity Funding Mortgage Corp conducts home buyer classes to educate people about different strategies in a seller's market and steps in entering a contract.

License Verified:

License: 209357

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 (23)
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
Heckman Mortgage logo
Visit WebsiteWebsite

License Verified:

License: 1749939

Nationwide Multistate Licensing System and Registry

Heckman Mortgage

13139 W. Linebaugh Ave. #101, Tampa, FL 33626
Visit WebsiteWebsite
  • Jumbo Loans

Business Description

Heckman Mortgage caters to residents of Clearwater in need of financing solutions for their houses. The firm offers downpayment assistance, fast-track closing, and credit repair services to buyers. It also aids customers eligible for a Florida Housing Mortgage Credit Certificate to navigate its bureaucratic issues. The business's clientele includes first-time buyers and seasoned investors. Its founder, Brian Heckman, has been in the mortgage industry for over two decades working with borrowers and loan officers.

License Verified:

License: 1749939

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 (97)
Facebook
5.0 / 5 (66)

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
Mario LaVonte Hart logo
Visit WebsiteWebsite

License Verified:

License: 227868

Nationwide Multistate Licensing System and Registry

Mario LaVonte Hart

1727 Coachman Plaza Drive, Clearwater, FL 33759
Visit WebsiteWebsite

Business Description

Mario LaVonte Hart, mortgage broker and branch manager at American Home Lending USA, LLC, serves clients in Clearwater. For almost 20 years, he has been assisting borrowers in navigating various types of loans, tailoring options to their needs. American Home Lending USA, LLC, helps with purchasing and refinancing homes by offering FHA loans, VA loans, USDA loans, and reverse mortgages. The firm, founded in 2008, has addressed the needs of thousands of home buyers and homeowners.

License Verified:

License: 227868

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 (30)

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
Money Street Mortgage logo
Visit WebsiteWebsite

License Verified:

License: 158087

Nationwide Multistate Licensing System and Registry

Money Street Mortgage

29399 US 19 N #350, Clearwater, FL 33761
Visit WebsiteWebsite
  • Refinance

Business Description

Money Street Mortgage is a company serving the Clearwater community. It assists individuals who are looking to purchase, refinance, and invest in a property by offering a wide range of loan options. Its team of professionals works with more than 300 lenders in the industry to provide loans like USDA, VA, jumbo, renovation, hard money, and a fixed-rate mortgage. The company provides continuing education to its members to keep up-to-date with industry standards and practices.

License Verified:

License: 158087

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
4.5 / 5 (182)
Facebook
4.5 / 5 (57)

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
Paramount Residential Mortgage Group, Inc. Clearwater logo
Visit WebsiteWebsite

License Verified:

License: 246481

Nationwide Multistate Licensing System and Registry

Paramount Residential Mortgage Group, Inc. Clearwater

4590 Ulmerton Rd. Suite 115, 116, 117,119, Clearwater, FL 33762
Visit WebsiteWebsite
  • Home Loans

Business Description

Paramount Residential Mortgage Group, Inc., Clearwater, provides clients ranging from first-time homebuyers to long-time homeowners with a selection of financing options. These options include USDA, FHA, VA, and jumbo loans. Reverse mortgages are also available. The company has an in-house processing and underwriting department to help facilitate the mortgage financing process. Denise Drews, one of the company's loan officers, has over three decades of mortgage industry experience and serves on the board of directors of the Tampa Bay Mortgage Bankers Association.

License Verified:

License: 246481

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
5.0 / 5 (48)
Facebook
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
Ruth Schoenherr logo
Visit WebsiteWebsite

License Verified:

License: 336647

Nationwide Multistate Licensing System and Registry

Ruth Schoenherr

17717 Hunting Bow Circle, Lutz, FL 33558
Visit WebsiteWebsite
  • Refinance

Business Description

Ruth Schoenherr is a mortgage broker serving the residents of Clearwater. Ruth assists individuals looking to buy a home or refinance their property in finding the appropriate mortgage product for their needs. As a broker, she is affiliated with multiple lending outlets, giving the clients a wider range of loan options. She also works with clients to determine the right time to refinance their mortgage. In addition, Ruth caters to people needing jumbo home loans or financing for condominiums and waterfront properties.

License Verified:

License: 336647

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
4.5 / 5 (57)

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
Sunshine Mortgage Brokers logo
Visit WebsiteWebsite

License Verified:

License: 1858753

Nationwide Multistate Licensing System and Registry

Sunshine Mortgage Brokers

11380 66th St N, Suite 135, Largo, FL 33773
Visit WebsiteWebsite
  • Refinance

Business Description

Sunshine Mortgage Brokers offers services to clients in the Clearwater metro. The mortgage brokers help clients secure home loans based on current mortgage rates and evaluate their property options. The company also handles refinancing, allowing clients to take advantage of current interest rates for homeownership or home improvement purposes. Sunshine Mortgage Brokers has loan options depending on clients' needs, including 15 and 30 year fixed mortgages, USDA loans, jumbo loans, and federal housing administration loans.

License Verified:

License: 1858753

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.
4.2
Google
4.7 / 5 (36)

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
Sunshine State Home Loans logo
Visit WebsiteWebsite

License Verified:

License: 1901827

Nationwide Multistate Licensing System and Registry

Sunshine State Home Loans

5006 Trouble Creek Rd, Suite 223, New Port Richey, FL 34652
Visit WebsiteWebsite
  • Refinance

Business Description

Catering to clients in Clearwater, Sunshine State Home Loans specializes in residential mortgages. With assistance from its loan consultants, it helps clients find loans that best fit their mortgage needs, whether for home buying or refinancing. The company works with several lenders to offer various options and packages so that clients can do their comparison shopping with ease. Sunshine State offers types such as VA, FHA, fixed-rate, compare, and adjustable-rate loans.

License Verified:

License: 1901827

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 (18)
Google
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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Back to Providers

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.

How do mortgage brokers get paid?

The customer or the lender pays the mortgage broker. By law, it's illegal for a mortgage broker to accept payment from both parties. Additionally, thanks to the Dodd-Frank Act, a mortgage broker cannot have hidden fees or base their commission on their customer's interest rate.

What makes mortgage brokers different from loan officers?

Loan officers are employees of a single lender. For example, if you go to a bank for a mortgage, you'll deal with their loan officer. They’re paid a set salary and receive bonuses; however, they can only offer loans from their bank.

A mortgage broker works independently or for a firm, and they’re paid by the client or lender. Mortgage brokers can approach several lenders, giving individuals many more options.

What is the difference between a commercial mortgage broker and a home loan broker?

A commercial mortgage broker deals with real estate loans for businesses. The loan for the commercial property is given to the company, not the individual. As a result, the approval process reviews the financial health of the business. In comparison, a home loan broker helps individuals gain a real estate loan for their property.

How much do mortgage brokers make?

According to Salary.com, the average salary for a mortgage broker in the U.S. ranges between $75,344 and $99,498. However, this can significantly vary depending on the state you work in, bonuses, and other factors.

How do mortgage brokers get paid?

How a mortgage broker gets paid entirely depends on who they work for. If they’re an independent contractor, all of their income comes from their clients or lenders. If the person works for a brokerage, they may be paid a combination of a base salary and bonuses from closed deals.

How much do mortgage brokers make per loan?

Mortgage brokers typically make between 1% and 2% of the total loan amount on each deal closed. The client or the lender will pay this fee. The mortgage broker does not receive their payment until the loan is approved and finalized. 

Can mortgage brokers work across state lines?

Yes, mortgage brokers can work across state lines. However, each state has different licensing requirements for its mortgage brokers. To legally close a transaction, you must be certified in the state of the transaction. Additionally, it's helpful to know the state's closing process, as this can change from state to state.

What is a surety bond for mortgage brokers?

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.

Is it difficult to pass the mortgage brokers’ test?

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.

Do mortgage brokers need to be licensed?

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.

Read all FAQs