Expertise.com

2024

Last updated:

Best Mortgage Brokers in Fall River

Our Recommended Top 9

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

30Reviewed

21Curated

9Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

99 S. Main Street Suite #154, Fall River, MA 02721
WebsiteLicense: 2038063

Expertise.com Rating

Review Sources

Google
5.0 (16)

Why choose this provider?

First Class Mortgage Company NMLS# 2038063 offers home purchase loans and refinancing solutions to customers in Fall River. The company has been in the industry for over two decades. The team helps clients achieve their goal of homeownership by working closely with them to discuss their mortgage loan options and determine the program suited to their needs. These options include VA and FHA loans as well as interest-only, reverse, balloon, and graduated payment mortgages. It also offers fixed, adjustable, and hybrid adjustable-rate options.

  • Construction
  • New Construction
  • Second Mortgages

1116 Stafford Road, Fall River, MA 02721
WebsiteLicense: 1591856

Expertise.com Rating

Review Sources

Google
5.0 (107)
Zillow
5.0 (9)

Why choose this provider?

Troy City Mortgage LLC is a group of local mortgage brokers who help people in Fall River and other nearby areas buy or refinance homes. Whether customers are new home buyers or investors, loan and refinance options are available, such as streamline refinance, cash-out refinance, fixed-rate mortgage, investment property, and low down payment options. Its president and senior loan officer, David Pereira, has been working in the industry for more than 17 years.

  • Refinance
  • New Construction

16A Bedford Street, Suite 101, Fall River, MA 02720
WebsiteLicense: 22911

Expertise.com Rating

Review Sources

Google
4.7 (56)
Facebook
5.0 (5)
Zillow
5.0 (5)

Why choose this provider?

Fortified is a real estate company that assists Fall River individuals and families in applying for mortgages. Through working with Total Mortgage, the company delivers products such as HELOC programs, homestyle renovation loans, and jumbo mortgages. Its team of advisors guides clients throughout the financing process, from pre-approval and application to closing. Additionally, Fortified provides credit repair solutions to assist clients with the qualification process. It produces the YouTube show "Friends of Fortified" to highlight local communities.

  • Refinance
  • New Construction

540 Main St Suite 15, Hyannis, MA 02601
WebsiteLicense: 153492

Expertise.com Rating

Why choose this provider?

SpaceX is a division of Homestead Mortgage that serves individuals, couples, and families throughout Fall River and the surrounding metros. This mortgage educational company aims to help clients achieve their goal of homeownership by connecting them to its network of mortgage consultants and advisors. Loan officers provide a variety of mortgage solutions for first-time homeowners and seasoned investors. A wide variety of refinancing plans is also offered for clients who are looking to decrease monthly payments or consolidate debt.

  • Refinance

10A Bridge Street, Suite 200, South Dartmouth, MA 02748
WebsiteLicense: 1223

Expertise.com Rating

Review Sources

Google
5.0 (89)
Facebook
5.0 (56)
Zillow
5.0 (43)

Why choose this provider?

Stonegate Mortgage has been serving individuals and families throughout Fall River and the surrounding metros for 19 years. Since the mortgage firm's establishment, it has closed more than 6,000 loans for its clients. The firm offers a wide selection of loan options to meet clients' particular needs and goals. The programs include fixed- and adjustable-rate mortgages, FHA, VA, jumbo, renovation, and USDA loans. Founder and president Thomas J. Quann III has been in the mortgage sector for more than two decades and has been featured in Broker & Banker, a national finance magazine.

  • Refinance

1460 Fall River Avenue, Seekonk, MA 02771
WebsiteLicense: 2421

Expertise.com Rating

Review Sources

Zillow
4.9 (85)
Google
4.3 (6)

Why choose this provider?

East Coast Financial helps families in Fall River purchase new homes or refinance existing mortgages. It offers different loan programs to meet clients’ financial needs, which include conventional, equity, FHA, jumbo, and VA options. The mortgage brokers treat customers like family and extend their services beyond transactions, including assisting them in situations concerning their homes. They also advise clients regarding financing commercial real estate. Since 1999, the company’s president, Jeffrey Brown, has been helping residents in Massachusetts and Rhode Island obtain home mortgages.

  • Refinance

130 GAR Highway, Swansea, MA 02777
WebsiteLicense: 21107

Expertise.com Rating

Review Sources

Zillow
5.0 (68)
Google
5.0 (63)
Facebook
4.9 (39)

Why choose this provider?

Kevin Oliveira, a branch manager at Fairway Independent Mortgage Corporation, serves borrowers in the Fall River metro. He assists both novice and experienced homebuyers in acquiring their desired residential property by handling the loan application process and offering solutions tailored to their needs. He provides options such as conforming, jumbo, FHA, VA, USDA, and fixed-rate mortgages. He also deals with refinancing to lower his clients' interest rates or help them withdraw cash for alternative uses.

  • Refinance

77 State Road, Dartmouth, MA 02748
WebsiteLicense: 2140733

Expertise.com Rating

Review Sources

Google
5.0 (181)
Facebook
5.0 (28)

Why choose this provider?

Since 2019, Milestone Mortgage Solutions has been serving clients across the Fall River area. The company guides individuals through the mortgage application process and offers different loan options, including fixed-rate and adjustable-rate mortgages. It also has experience helping first-time homebuyers through FHA programs. For homeowners looking to refinance their loans, the company provides assistance throughout the process. Vernon Miles, its president, participates as a board member at the non-profit organization United Way of Greater New Bedford.

  • Refinance
  • New Construction

1107 Pleasant Street, Fall River, MA 02723
WebsiteLicense: 2409

Expertise.com Rating

Review Sources

Facebook
5.0 (11)
Google
5.0 (3)
Yelp
5.0 (1)

Why choose this provider?

Accutrust Mortgage Inc., offers various mortgage options to clients in Fall River. Its loan programs include home purchase, refinance, reverse mortgage, FHA, VA, and USDA loans. It also offers financing for condominiums and second homes. For the convenience of its clients, the company provides an online application platform and mortgage pre-approval system. Accutrust has helped more than 10,000 families with their mortgage needs. The company is a member of the Certified Mortgage Planning Specialist Institute.

  • Refinance

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.