Best Mortgage Brokers in Lawrence

Laurels
Laurels

We did the research for you!

Learn more
  • checkboxLicensing
  • checkboxUser Reviews
  • checkboxMystery Shopping Calls

Mortgage Brokers FAQs

Learn more
Mike Bertolami logo
Visit WebsiteWebsite

License Verified:

License: 2705

Nationwide Multistate Licensing System and Registry

Mike Bertolami

285 Billerica Road Suite 104, Chelmsford, MA 01824
Visit WebsiteWebsite
  • Refinance
  • New Construction

Business Description

Mike Bertolami is a loan officer working under Monument Mortgage Co., serving borrowers in Lawrence. He began working in the company in 2002, offering jumbo, HARP, HELOC, FHA, and VA loans. Bertolami draws from his background in customer service, marketing, and sales to develop interpersonal connections with his clients by demonstrating product knowledge to deliver a mortgage solution tailored to their financial goals. He co-founded the KidzRock organization and has provided homebuyer education through courses or seminars.

License Verified:

License: 2705

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 (9)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Olde Towne Mortgage Company Incorporated logo
Visit WebsiteWebsite

License Verified:

License: 1217

Nationwide Multistate Licensing System and Registry

Olde Towne Mortgage Company Incorporated

Millpond Town Homes, 94 Mill Pond, North Andover, MA 01845
Visit WebsiteWebsite
  • New Construction

Business Description

Olde Towne Mortgage Company Incorporated serves borrowers in Lawrence. It has 10-, 15-, 25-, and 30-year fixed-rate mortgages and 10/1, 7/1, and 3/1 adjustable-rate mortgages. It has conventional, FHA, and VA purchase loans, as well as the home equity fixed and no point, no fee programs. Additionally, the company carries the home equity line of credit for those who want to borrow what they need. Olde Towne Mortgage was started in 1993 by Jay Weiner, who has been in the industry since 1982.

License Verified:

License: 1217

Nationwide Multistate Licensing System and Registry

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Omni Mortgage logo
Visit WebsiteWebsite

License Verified:

License: 1954

Nationwide Multistate Licensing System and Registry

Omni Mortgage

224 Main Street Suite 1A, Salem, NH 03079
Visit WebsiteWebsite
  • Refinance

Business Description

Omni Mortgage assists potential home buyers in the Lawrence community to realize their dreams of homeownership. The company conducts a needs analysis to assist them in obtaining the best mortgage product for their financial situation. Its team then walks them through the pre-qualification process, which includes determining how much of a monthly payment they can afford and evaluating their income and debts. After completing the process, clients will receive pre-qualification letters, which will serve as tickets toward mortgage loan programs that meet their goals.

License Verified:

License: 1954

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

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
Team Dennehy Home Loans logo
Visit WebsiteWebsite

License Verified:

License: 41608

Nationwide Multistate Licensing System and Registry

Team Dennehy Home Loans

23 Main Street, Salem, NH 03079
Visit WebsiteWebsite
  • Refinance
  • New Construction

Business Description

Team Dennehy Home Loans connects homebuyers with financing programs in Lawrence. It recognizes clients’ needs, lifestyles, and budgets by preparing flexible and customizable lending options. Its real estate purchase and refinancing solutions include conventional, VA, FHA, and rehab loans. The mortgage broker offers special arrangements, such as downpayment aid for struggling borrowers and home funding for first responders and teachers. Loan officer Sandra Dennehy has been in the mortgage business since 1984. Her husband, Tom, is a veteran and is also engaged in residential loan processing.

License Verified:

License: 41608

Nationwide Multistate Licensing System and Registry

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
Back to Providers

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.

Read All FAQS