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Best Mortgage Brokers in New Orleans

2024

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Providers

Last updated:

Website
2400 Veterans Memorial Blvd., Suite 350, Kenner, LA 70062
  • Residential Mortgages

Why choose this provider?

Premier Lending, LLC - Louisiana, Mississippi is a mortgage broker that serves homeowners in New Orleans and its surrounding counties. Its loan officers process applications for different kinds of loan options, such as fixed-rate and adjustable-rate plans. They also educate their clients on the benefits of each choice, from monthly payments to downpayment rates. Additionally, the brokerage provides FHA loans, VA loans, and refinancing conversions for 15-year and 30-year plans. It also supports nationwide charities like Raintree, Make-A-Wish, and the Kingdom Project.

License Verified:

License: 41105

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 (104)
Yelp
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
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Website
3157 Gentilly Boulevard, New Orleans, LA 70122
  • New Construction
  • Refinance

Why choose this provider?

PierPoint Mortgage New Orleans has been serving individuals and families in the metro with their mortgage needs for over 18 years. It offers a broad range of residential loan options, including FHA, VA, USDA, conventional, and jumbo loans. It also has programs for refinancing, building, and construction. Its team of loan consultants personally assists borrowers in finding the right loan program for their investments and provides recommendations and advice on loan options, the mortgage lending industry, as well as the application and approval process.

License Verified:

License: 112844

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 (55)
Facebook
5.0 / 5 (15)

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
1000 E Judge Perez Dr, Chalmette, LA 70043
  • New Construction
  • Refinance

Why choose this provider?

Performance Mortgage is a mortgage banker and broker serving New Orleans. The company was founded in 2016 and has since been providing different home loan options for customers. For clients interested in purchasing a home, the company can help file a pre-approval letter, differentiate between loan programs, and compare mortgage interest rates and terms. Performance Mortgage can also assist clients with home refinancing options and property evaluation. Additionally, it helps clients shop around for the best rates.

License Verified:

License: 1537121

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 (162)
Facebook
5.0 / 5 (23)

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
––

Website
798 South Rampart Street, New Orleans, LA 70113
  • Refinance
  • Multi-Family Loans

Why choose this provider?

Established in 1956, Eustis Mortgage is a mortgage firm that has been serving clients in New Orleans and the surrounding areas. Its team of mortgage professionals offers conventional, renovation, jumbo, USDA, FHA, and VA loans. They also handle fixed-rate and adjustable-rate mortgages, as well as home and cash-out refinance. In addition, non-traditional borrowers may avail of the company's special programs. CEO Kate deKay is a member of the Women's Council of Realtors and the Mortgage Lenders Association.

License Verified:

License: 70345

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.
4.0
Google
4.0 / 5 (199)
Facebook
4.2 / 5 (15)
Yelp
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
7921 Maple Street, New Orleans, LA 70118
  • Refinance

Why choose this provider?

America's Mortgage Resource is a mortgage brokerage with locations in New Orleans and Metairie. Since its foundation in 1996, the firm has been providing a number of loan solutions, including FRMs, ARMs, jumbo, and government-backed programs, such as FHA, VA, and USDA loans. Seniors aged 62 and above can also take advantage of reverse mortgage options, allowing them to get some cash out of their home's equity for income supplementation, home modifications, or medical expenses.

License Verified:

License: 286

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 (17)
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
1760 Stumpf Boulevard, Terrytown, LA 70056
  • Refinance

Why choose this provider?

Alliance Mortgage is a full-service mortgage company serving individual buyers, real estate professionals, and builders in New Orleans and Terrytown. It offers home purchase and home refinance for different properties, such as single and multi-family, condominium, townhouse, and manufactured home. Its team of lending agents provides regular loan updates, progress reports, and 24-hour online mortgage services. Its business approach is asking the right questions, explaining the options, and showing the mortgage products to its clients.

License Verified:

License: 1628690

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.
4.0
Google
4.0 / 5 (39)
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

Website
3330 Knightsbridge Court, Harvey, LA 70058
  • Refinance

Why choose this provider?

Max Mortgage is a team of home loan specialists that assists borrowers in New Orleans. Whether clients are purchasing townhouses, condominiums, or single-family homes, they help them select from numerous financing options, including jumbo, fixed-rate, USDA, and VA loans. Also offering refinancing assistance, Max Mortgage is headed by Charles H. Parharm, Jr. He began working in the lending industry in the early 2000s, took a break in 2008 after Hurricane Katrina hit, and came back eight years later to continue what he started.

License Verified:

License: 1446745

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.
4.0
Google
4.0 / 5 (53)

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
201 Saint Charles Avenue, New Orleans, LA 70170
  • Refinance

Why choose this provider?

Reliant Mortgage has been helping families and individuals with their mortgage and loan needs in New Orleans, Baton Rouge, and surrounding areas since 2013. Its team of mortgage loan officers is led by Will Tullos. It provides homebuyers with home loan financing with a variety of loan options, including FHA, VA, USDA, jumbo, and rural development. Reliant Mortgage also provides mortgage refinancing options that can lower monthly payments, consolidate debt, and pay off mortgages faster.

License Verified:

License: 1075152

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
Facebook
5.0 / 5 (75)
Google
4.0 / 5 (41)
Yelp
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
3525 North Causeway Boulevard, Metairie, LA 70002
  • Refinance

Why choose this provider?

Arbor Lending Group - Metairie provides residential financing solutions to borrowers in New Orleans and neighboring areas. Included in its loan programs are FHA loans, VA loans, USDA loans, and jumbo loans for various properties, such as single-family, multi-family, commercial, townhouse, and manufactured homes. The team utilizes processing software and underwriting systems to approve and close home loans. The company's managing partners have more than 45 years of combined experience in the home financing industry.

License Verified:

License: 69344

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
Yelp
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

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.