Best Mortgage Brokers in Somerville

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Austin Reed Team logo
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License Verified:

License: 2310296

Nationwide Multistate Licensing System and Registry

Austin Reed Team

200 Berkeley Street, Office 19W-106, Boston, MA 02116
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  • Refinance
  • New Construction

Business Description

CrossCountry Mortgage is a company led by originating branch manager Austin Reed, offering its expertise in the loan and home financing industry for clients in Somerville. The company provides a licensed professional that will assist in purchasing the best loan package for clients' needs. Its portfolio covers products like conventional and jumbo mortgages, government-insured programs for veterans and rural home buyers, and full-cash offers. CrossCountry has been in the business since 2003 and has over 600 branches licensed to practice in all 50 states.

License Verified:

License: 2310296

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.
4.8
Facebook
5.0 / 5 (73)

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
––
Birchtree Mortgage logo
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License Verified:

License: 1034040

Nationwide Multistate Licensing System and Registry

Birchtree Mortgage

73 South St 2nd Floor, Hingham, MA 02043
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  • Refinance

Business Description

Birchtree Mortgage is a full-service brokerage company that caters to individuals and families in Somerville and the nearby areas. The firm assists first-time buyers in purchasing their dream homes by offering them various loan products. In addition, it has refinancing options for those who want to pull cash out of their loans and get lower interest rates. Birchtree Mortgage's owner, Mike Richton, has been in the lending and real estate industry for more than 10 years.

License Verified:

License: 1034040

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 (12)

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
Boston Mortgage Services logo
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License Verified:

License: 1473315

Nationwide Multistate Licensing System and Registry

Boston Mortgage Services

471 Eastern Ave, Chelsea, MA 02150
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  • Refinance
  • New Construction

Business Description

Boston Mortgage Services offers financial solutions to residents in Somerville. It offers purchase loans for single and multi-family units and condos. FHA, conventional, and 203K loans are also available. In addition, it provides homeowners with various options for debt consolidation, cashing out, or restructuring their loan terms through refinancing. In 2016, Elba Rojas founded Boston Mortgage Services after working in the industry for 23 years. He has a team of onsite specialists who simplify the application process for customers.

License Verified:

License: 1473315

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.
4.9
Google
4.9 / 5 (74)
Facebook
5.0 / 5 (2)
Yelp
1.0 / 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
Brian Cavanaugh logo
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License Verified:

License: 441864

Nationwide Multistate Licensing System and Registry

Brian Cavanaugh

184 High Street 7th Floor, Boston, MA 02110
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Business Description

Brian Cavanaugh is the sales manager of Mortgage Network, who provides various financial solutions to borrowers in Somerville. He offers FHA, jumbo, VA, USDA-Rural, and fixed- and adjustable-rate loans. He also provides cash-out refinancing for homeowners whose properties' market value has increased and streamline for those who want a reduction of their monthly rates. Cavanaugh has over 20 years of experience in the industry. As a divorcee, he specializes in giving mortgage assistance to those going through a separation.

License Verified:

License: 441864

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
Easy Apps Mortgage logo
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License Verified:

License: 182564

Nationwide Multistate Licensing System and Registry

Easy Apps Mortgage

1044 Central Street, Stoughton, MA 02072
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  • Refinance

Business Description

Easy Apps Mortgage serves borrowers in the Somerville community. The company provides a wide array of loan products, including conventional, FHA, VA, and USDA loans. Its brokers have experience navigating people through the buying and selling processes of commercial, residential, and investment real estate. They strive to keep up with market trends and extend their offerings to refinance options. Company president Peter Costa has over two decades of experience in the mortgage and real estate business.

License Verified:

License: 182564

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.
4.8
Google
4.8 / 5 (26)

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
Massachusetts Capital Mortgage Corp. logo
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License Verified:

License: 1460

Nationwide Multistate Licensing System and Registry

Massachusetts Capital Mortgage Corp.

59 Legacy Boulevard, Dedham, MA 02026
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  • Refinance
  • New Construction

Business Description

Massachusetts Capital Mortgage Corp. has been serving residential and commercial customers in Somerville and nearby areas since 1996. It assists borrowers in determining what sort of property they may comfortably purchase depending on their budget and financial situation, offering appropriate loan types, amortization terms, and down payment options. Its brokers also handle refinancing for clients seeking to take out a new mortgage. Mikhail Pipko is a mortgage loan originator who joined the organization in 1997.

License Verified:

License: 1460

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 (3)
Facebook
5.0 / 5 (2)

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
––
Paul Ruggiero logo
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License Verified:

License: 2094373

Nationwide Multistate Licensing System and Registry

Paul Ruggiero

Melrose, MA 02176
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  • Refinance

Business Description

Paul Ruggiero serves Somerville-based real estate investors and property buyers. He partners with multiple lenders to compare loan rates and provide a variety of mortgage options, such as USDA, adjustable rates, VA, 203k, FHA, and 30-and 15-year fixed mortgages. He helps first-time home buyers throughout the home selling and purchasing process. Ruggiero has over a decade of combined experience as a mortgage loan originator and real estate investor. He works with Edge Home Finance, which focuses on residential lending on one to four-unit properties.

License Verified:

License: 2094373

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.
4.5
Google
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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
PRMG Woburn logo
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License Verified:

License: 1091814

Nationwide Multistate Licensing System and Registry

PRMG Woburn

800 West Cummings Park, Suite 5800, Woburn, MA 01801
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  • New Construction

Business Description

PRMG Woburn works with clients throughout the Somerville area. The company addresses the concerns of individuals on matters related to the mortgage application process, including pre-qualification and closing. It offers solutions like the Homestyle Renovation, a program from Fannie Mae that allows borrowers to finance both property acquisition and restoration. PRMG Woburn provides other loan products backed by different federal agencies, including the VA, FHA, and USDA. It has experience dealing with foreign nationals seeking to invest in the U.S. real estate market.

License Verified:

License: 1091814

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 (40)

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
The Mortgage Connection logo
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License Verified:

License: 1447775

Nationwide Multistate Licensing System and Registry

The Mortgage Connection

1370 Dorchester Ave, Suite 24, Dorchester, MA 02122
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  • Refinance

Business Description

The Mortgage Connection serves clients in Somerville and neighboring communities. It provides a wide variety of lending options for home buyers, such as FHA, VA, jumbo, conventional, and 30- and 15-year fixed-rate loans. It also helps homeowners who want to refinance their mortgage to cut their monthly payments, shorten the length of their loan, or withdraw cash from the equity in their house. The company's team members guide customers throughout the loan process, including pre-qualification, underwriting, and closing.

License Verified:

License: 1447775

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.
4.8
Facebook
4.8 / 5 (21)

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
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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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