Best Mortgage Brokers in Topeka

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Express Loans Of America logo
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Express Loans Of America

729 South Kansas Avenue, Topeka, KS 66603
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  • Refinance

Business Description

Express Loans of America is a company that provides financing assistance to clients in Topeka. The company assists clients who are looking for loans for home improvement, small businesses, and travel and vacation. The company also offers mortgage lending services. Its agents can help clients with home purchasing assistance. Express Loans of America also offers payday loans, small business loans, and commercial financing services. Auto loans and title loans services are also available. Its president, Kenneth Simmons, brings over 20 years of background in finance.

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.
4.0
Google
4.0 / 5 (111)
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Express Loans Of America

Kelly Drummond logo
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License Verified:

License: 522056

Nationwide Multistate Licensing System and Registry

Kelly Drummond

6831 Southwest 29th Street, Topeka, KS 66614
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  • Refinance

Business Description

Kelly Drummond is a mortgage broker associated with Fairway Independent Mortgage Corporation who has served Topeka and the surrounding communities for more than 19 years. She offers various options such as conventional and jumbo and government programs like FHA, VA, and USDA rural development loans. Refinancing solutions are also available for clients looking to get a better interest rate, lower their monthly payments, or get some cash out of their home equity for renovation or investment purposes.

License Verified:

License: 522056

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
4.8 / 5 (17)
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.
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Kelly Drummond

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Frequently Asked Questions

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.

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.

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.

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