Expertise.com

2024

Last updated:

Best Mortgage Brokers in Melbourne

Our Recommended Top 13

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

31Reviewed

23Curated

13Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
2867 Mondavi Drive, Rockledge, FL 32955
  • Refinance
  • New Construction

Why choose this provider?

Joshua Stevens is a mortgage broker with Edge Home Finance who serves residents in Melbourne and the neighboring areas. Stevens specializes in various home loan options, including home purchase loans and refinance. His mortgage products include conventional, FHA, VA, and investment property loans. He also offers loan programs for local heroes, including police officers, firefighters, healthcare professionals, and military personnel. The loan process involves discussing mortgage objectives, submitting an application and documentation for initial and final review, and working with processors to get finalized for approval.

License Verified:

License: 1206588

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 (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
2725 Center Pl, Melbourne, FL 32940
  • Refinance

Why choose this provider?

Champions Mortgage provides home loan solutions to residential borrowers in Melbourne. It offers different types of home loan programs, including conventional, FHA, VA, and USDA. It allows borrowers to choose between fixed and adjustable rates based on their financial needs. Champions Mortgage also carries non-qualified mortgage loans for those seeking temporary or fixer programs due to past credit events. Its president, Adam Zima, has been in the mortgage industry since 2012, transitioning the company from a broker to a full-service lender.

License Verified:

License: 1525151

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
Zillow
5.0 / 5 (68)
Facebook
4.9 / 5 (37)
Google
5.0 / 5 (28)

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
1790 Highway A1A Suite 101, Satellite Beach, FL 32937
  • Refinance
  • New Construction

Why choose this provider?

Atlantic Mortgage Services, Inc., is a lender that caters to the property needs of clients in Melbourne. It deals with purchasing and refinancing, helping individuals who are planning to apply for loans. The company also offers a variety of loan options, such as VA, senior, jumbo, FHA, and CONV. The lending company has obtained several awards, including Best of Brevard from Florida Today and Readers' Vote from Hometown News. Atlantic Mortgage Services has been providing financing solutions since 1989 and is a member of NAMB.

License Verified:

License: 353421

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.
4.4
Google
3.9 / 5 (15)
Facebook
5.0 / 5 (10)
Zillow
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
150 Coconut Dr Suite #202, Indialantic, FL 32903
  • Refinance

Why choose this provider?

Assurance Home Loan, Inc., serves clients in Melbourne and its surrounding areas. It offers mortgage loan programs for home buyers and current homeowners who plan to refinance their existing mortgages or leverage their home's equity. It also provides reverse mortgage loans. Some of the loan products that it offers include fixed-rate, adjustable-rate, initial fixed-rate, and semi-fixed-rate loans. Its team guides clients in selecting the loan program that fits their financial situation and needs. The company has been serving clients since 1998.

License Verified:

License: 345907

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.
4.6
Google
4.8 / 5 (18)
Yelp
1.0 / 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
7115 Turner Rd Suite 101, Melbourne, FL 32940
  • New Construction

Why choose this provider?

Certified Mortgage Planners is open to loan applications from individuals and families in Melbourne. The firm's team advises clients regarding capital use and equity management, teaching them how to maximize investment returns. It pairs applicants with specific mortgage planners who use their knowledge of various loans to assist them in creating a tailored program for their financial endeavors. Outside of their work, Certified Mortgage Planners' agents participate in philanthropic efforts in local shelters and food banks.

License Verified:

License: 1170060

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 (857)
Google
4.8 / 5 (154)
Facebook
5.0 / 5 (71)

(+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

Website
202 N Harbor City Blvd Suite 100, Melbourne, FL 32935
  • Refinance

Why choose this provider?

Jerrod Harlan offers mortgage broker services to clients in Melbourne. He is a sales manager working under Angel Oak Home Loans. The agent delivers a variety of products for homeowners and real estate investors. There are bank statement options for self-employed individuals with fluctuating cash flows, as well as jumbo mortgages for purchasers of high-value assets. Jerrod Harlan prefers tailored solutions to cookie-cutter programs. The parent company also has online resources and podcasts to teach clients the basics of buying houses.

License Verified:

License: 958652

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 (14)
Zillow
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
1370 Highway A1A Ste. A, Satellite Beach, FL 32937
  • Refinance

Why choose this provider?

Home Lending Source is a mortgage broker assisting prospective home buyers in the Melbourne metro and the surrounding areas. It offers a wide variety of home financing options, such as FHA, VA, USDA, and jumbo loans, to first-time buyers. Available mortgage rate options include fixed-rate, adjustable-rate, interest-only, and graduated payments. Clients looking to refinance their mortgage may also enlist the services of Home Lending Source to reduce the amount they are paying off for their homes.

License Verified:

License: 1850777

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 (31)
Facebook
5.0 / 5 (19)

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
1441 N Harbor City Blvd, Melbourne, FL 32935
  • Refinance
  • New Construction

Why choose this provider?

Morgan Financial has been serving clients in Melbourne and the surrounding areas since 2002. The veteran-owned company helps clients who wish to purchase a home find a loan program that suits their unique needs and situations. It also aids homeowners in lowering their interest rates, consolidating debts, and modifying their loan terms by providing them with various refinancing options, such as VA loans and cash-out refinance. Morgan Financial is led by David Morgan, who has 25 years of experience in the mortgage industry.

License Verified:

License: 318525

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 (169)
Facebook
5.0 / 5 (149)
Zillow
5.0 / 5 (133)

(+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

Website
6050 Babcock Street #27, Palm Bay, FL 32909
  • Refinance

Why choose this provider?

Harmony Mortgage Inc. caters to clients in Melbourne and the surrounding communities. It helps individuals and families obtain suitable financial products when purchasing or refinancing homes. Its loan options include FHA, VA, USDA, conventional, and jumbo. Additionally, Harmony Mortgage provides various niche programs such as down payment assistance, heroes, and bank statement. Jason Carrasquillo, one of the company's mortgage loan originators, has been in the lending industry since 2004 and also works as a Realtor.

License Verified:

License: 1057728

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.
4.6
Google
4.6 / 5 (11)

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
10 S Harbor City Blvd, Melbourne, FL 32901
  • Refinance
  • New Construction

Why choose this provider?

Dyer Mortgage is a division of Primary Residential Mortgage, Inc., that serves communities within Melbourne. Its team helps novice and seasoned homebuyers, as well as prospective refinancers, in securing loaning options that cover their financial endeavors and match their specific income capabilities. It is headed by Bobbie Dyer, whose knowledge of various loan plans is supported by more than 25 years of experience in the mortgage industry. He and his colleagues also engage in volunteer work for philanthropic organizations like the Kerosene Lamp Foundation.

License Verified:

License: 3094

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 (179)
Yelp
5.0 / 5 (8)
Facebook
5.0 / 5 (5)

(+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

Website
1600 W. Eau Gallie Blvd., Suite 205A, Melbourne, FL 32935
  • Refinance

Why choose this provider?

Kendall Mortgage Corporation is a family-owned business that has been catering to individuals and families in the Melbourne metro and nearby cities for more than 25 years. Its loan experts concentrate on closing mortgages and tailoring loan recommendations to customers' specific needs. They offer a variety of government-backed and conventional mortgage options, such as USDA, FHA, FHA-reverse, and VA loans. The company also provides loan programs for first-time homebuyers and people planning to construct their homes.

License Verified:

License: 1642576

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 (11)
Facebook
5.0 / 5 (5)
Yelp
5.0 / 5 (1)

Website
1740 Sarno Rd., Melbourne, FL 32935
  • Reverse Mortgages
  • Refinance

Why choose this provider?

Oceans Lending LLC is a full-service mortgage company that serves the Melbourne community. It specializes in financing clients in various real estate forms, whether new homes or investment properties. The company offers home refinance programs for homeowners who want to reduce their monthly payments or pay off their loans fast. Its mortgage programs include FHA, VA, 30-year fixed-rate, USDA, and reverse loans. Oceans Lending is an environmentally conscious company that helps non-profit organizations with similar objectives.

License Verified:

License: 1675938

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 (27)
Facebook
4.5 / 5 (26)
Zillow
5.0 / 5 (23)

(+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

Website
2713 W. Eau Gallie Blvd, Melbourne, FL 32935
  • Refinance

Why choose this provider?

Elizabeth Cassidy serves homebuyers in the Melbourne area who need mortgage brokers. Her team operates under the Future Home Loans banner. It has specialized loan programs aimed at active members of the military and those reintegrating into civilian life following their tours of duty. The broker has choices fit for borrowers with credit scores as low as 500. She has facilities on hand for closing contracts virtually. Elizabeth Cassidy served in the U.S. Air Force.

License Verified:

License: 1902671

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 (399)
Google
5.0 / 5 (98)
Zillow
5.0 / 5 (59)

(+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

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.