Expertise.com

Best Mortgage Brokers in Lafayette

Laurels
Laurels

We did the research for you!

Learn more
  • checkbox
    Licensing
  • checkbox
    User Reviews
  • checkbox
    Mystery Shopping Calls

Mortgage Brokers FAQs

Learn more
91 Settlers Trace Boulevard, Lafayette, LA 70508
Lafayette, LA 70508
  • Refinance

Milestone Mortgage is a mortgage broker that serves clients in Lafayette. Its mortgage advisors offer a wide range of loan options for homebuyers and homeowners, such as fixed-rate mortgage loans, FHA home loans, VA home loans, USDA home loans, and jumbo home loans. They also have more than 85 years of combined experience in the lending industry. To streamline loan processing, they use comparative analysis software to research and compare various loan programs. Milestone Mortgage was established in 2019.

91 Settlers Trace Boulevard, Lafayette, LA 70508
Lafayette, LA 70508

Website(337) 381-2130

Show Number

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.

Online Profiles:

2 (Better)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

465 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

Frequently Asked Questions:

Q: Do mortgage brokers need to be licensed?
A: 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.
Q: Is it difficult to pass the mortgage brokers’ test?
A: 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.
Q: What is a surety bond for mortgage brokers?
A: 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.

Read All FAQS

Wrong city? Here are some nearby places:

Search for Mortgage Brokers near you