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Best Mortgage Brokers in Worcester

2024

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Providers

Last updated:

Website
3 Overlook Drive, Amherst, NH 03031
  • New Construction
  • Refinance

Why choose this provider?

Steve Cohn is a mortgage broker working for Movement Mortgage that serves clients in Worcester. Steve specializes in offering homeowners, homebuyers, and real estate investors a variety of loan programs that include VA home loans, FHA loans, FHA rehab, USDA loans, conventional loans, and jumbo loans. He is also familiar with fixed-rate loans, downpayment loan options, how borrowers can avail of a cash-out on the equity of their homes, and reverse mortgage options to qualified borrowers.

License Verified:

License: 130772

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 (7)

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
135 Main Street, Sturbridge, MA 01566
  • New Construction
  • Refinance

Why choose this provider?

Norcom Mortgage - Sturbridge is a family-owned business that provides loan programs that meet the unique needs of families in Worcester. Norcom Mortgage offers various mortgage options, including adjustable-rate, fixed-rate, Jumbo, FHA, VA, and conventional mortgages. It also has a JumpStart pre-approval program that helps clients save time by finding the right home at a certain price range. Established in 1989, Norcom Mortgage has grown to have 260 employees and 36 locations,

License Verified:

License: 71655

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 (21)
Zillow
5.0 / 5 (7)

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
45 Sterling Street, West Boylston, MA 01583
  • New Construction
  • Refinance

Why choose this provider?

Wachusett Mortgage Corporation is an independent mortgage firm that serves clients in the Worcester area. It works with a range of lenders to help customers find the loan policies that meet their mortgage and refinancing needs. Its loan options include jumbo, FHA 203k, adjustable-rate, and USDA rural development plans. VA, reverse mortgage, and no PMI programs are available as well. Wachusett Mortgage Corporation has been in the industry since 1992. Its owner, Tom Gibbons, previously worked in the banking field for a couple of years.

License Verified:

License: 2897

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.
4.4
Google
5.0 / 5 (10)
Facebook
3.0 / 5 (4)

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
400 Tradecenter Dr Suite #5900, Woburn, MA 01801
  • Refinance

Why choose this provider?

Lendmark Mortgage Company is a family-owned business that serves borrowers in Worcester. It provides conventional, FHA, 203k, and USDA loans to assist first-time homebuyers in getting their ideal homes. Its loan officers also offer refinancing programs to help customers minimize their monthly interest payments and acquire funds for debt consolidation. Aaron Berger, a loan officer with more than 15 years of field experience and over 5,000 loans closed over his tenure, founded Lendmark Mortgage Company in 2005.

License Verified:

License: 1135

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 (1)

Website
324 Grove Street, Worcester, MA 01605
  • Refinance

Why choose this provider?

Trevor McFarland is a senior loan officer located in Worcester. He works at Residential Mortgage Services (RMS), which caters to first-time and long-time homeowners. He provides multiple loan options in six different states, including Connecticut and Florida. He and his team educate homeowners about the benefits and rates of conventional, FHA, USDA-RD, and jumbo mortgage loans. Trevor also oversees the application process, from underwriting and risk assessment to closing loan deals and reviewing monthly expenses.

License Verified:

License: 38803

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 (165)

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
581 Riverside Drive, Thompson, CT 06255
  • New Construction
  • Refinance

Why choose this provider?

Polaris Mortgage Group, LLC, is a mortgage firm that serves clients in Worcester. The company offers various loan options for homebuyers and homeowners, including VA home loans, conventional mortgage loans, FHA home loans, VA home loans, USDA home loans, and first-time buyer programs. It is also familiar with how clients can improve their credit scores by taking on credit that is manageable. Its loan officers can speak Spanish, which enhances the mortgage firm's connection with the Hispanic market.

License Verified:

License: 2981

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 (2)
Google
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
212 Worcester Street, North Grafton, MA 01536
  • Reverse Mortgages

Why choose this provider?

Lurie Mortgage, LLC, is a brokerage that serves families located in Worcester and all of the state. The firm caters to clients aiming to purchase a home or refinance an existing mortgage by providing them a broad range of mortgage solutions. These include fixed and adjustable-rate mortgages, FHA and VA loans, construction loans, and divorce buy-out loans. These products cover a purchase or a refinance of a single-family home, condominium, or any other residential property.

License Verified:

License: 1501684

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 (41)
Facebook
5.0 / 5 (6)

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
6 Maple Street, Northborough, MA 01532
  • New Construction
  • Refinance

Why choose this provider?

Prestige Home Mortgage is a full-service brokerage with offices in Northborough and Kingston. Its team of home loan specialists works with homebuyers, builders, and real estate professionals in Worcester and throughout the state. They have access to a wide range of resources, allowing them to provide financing options for clients, whether they need assistance in purchasing or refinancing. Prestige Home Mortgage is headed by John Lucas, who has been working in the mortgage industry for more than two decades.

License Verified:

License: 2868

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.
3.9
Google
4.0 / 5 (28)
Facebook
5.0 / 5 (6)
Yelp
2.0 / 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
115 Flanders Road, Westborough, MA 01581
  • New Construction
  • Refinance

Why choose this provider?

Ross Mortgage Company operates with more than 30 years of experience in retail mortgage and banking. Serving clients in Worcester and surrounding communities, the mortgage broker assists in identifying programs that are appropriate to clients' requests. Its loan officers educate clients on the processes necessary for purchase and mortgage refinancing. The firm assists clients in purchase options, including FHA mortgage, VA mortgage, and conventional mortgages. It offers options aimed at lowering down payments, adjusting payment terms, and performing cashout for refinancing.

License Verified:

License: 2084

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 (95)
Facebook
4.0 / 5 (24)
Yelp
4.0 / 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
––

Website
10 Vinnie Way, Shrewsbury, MA 01545
  • Refinance

Why choose this provider?

Alibaba Lending is a mortgage loan company serving clients in Worcester and the nearby areas. It offers mortgage loan programs, such as residential hard money loans, commercial loans, and business loans. It provides personalized consultation, good customer service, and different loan options to achieve the financial needs and dream ownership of its clients. Alibaba Lending's goal is to guide its clients throughout the loan process and select the right loan for themselves and their company.

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 (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
21 North Quinsigamond Avenue, Shrewsbury, MA 01545
  • Reverse Mortgages

Why choose this provider?

Security First Mortgage Funding is a lending firm serving the Worcester metro and its surrounding areas. It offers a range of mortgage products including rehab, conventional, super jumbo, and jumbo loans. Government-insured loans such as FHA, VA, and USDA rural are also available. The firm also provides MassHousing, condo, and portfolio loans. Security First Mortgage Funding is a subsidiary of the Millbury Federal Credit Union. The company also works with attorneys and real estate professionals.

License Verified:

License: 252771

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.
4.3
Google
4.0 / 5 (56)
Facebook
5.0 / 5 (28)

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
2 Vernon Street, Framingham, MA 01701
  • Refinance

Why choose this provider?

The Mortgage Pros is an equal housing mortgage company in Framingham that provides lending solutions in Worcester. It provides conventional, FHA, USDA, and VA loan programs for purchase and refinancing homes. The mortgage professionals in the company guide clients through the process from finding the right mortgage plan to their loan applications up to the approval of the loan. They can work on the clients' behalf, working and processing the necessary papers until the completion of the homeownership process.

License Verified:

License: 1480

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 (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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
2 Adams Place, Quincy, MA 02169
  • Refinance

Why choose this provider?

Sebastian Bilentschuk is a senior loan officer at MBA Mortgage. He serves the mortgage needs of prospective home buyers and seasoned real estate investors in Worcester and other surrounding areas. He helps clients who are planning to upsize or downsize their current homes as well as those looking to refinance or purchase a residential or commercial property. The products that he offers include FHA, VA, fixed rate mortgage, and jumbo home loans. His company, MBS Mortgage, is a veteran-owned and operated brokerage established in 2005.

License Verified:

License: 1213787

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.
4.3
Facebook
4.0 / 5 (25)
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

Website
11 Malvern Hill Road, Sterling, MA 01564
  • Refinance
  • Reverse Mortgages

Why choose this provider?

Premiere Mortgage Services, Inc., is a full-service brokerage that serves the Worcester area. Whether clients need to purchase new loans or refinance existing mortgages, its team is able to guide them throughout the entire process, from the qualification phase up to approval. The home loan specialists also helps clients secure different programs, including FHA and VA loans. Premiere Mortgage Services is headed by Dana Bain, who has nearly 25 years of experience. He is a National Association of Independent Housing Professionals board member.

License Verified:

License: 1498

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 (60)
Facebook
5.0 / 5 (19)

Website
24 Union Avenue, Framingham, MA 01702
  • New Construction

Why choose this provider?

MortgageWorkshop, Inc., is a full-service mortgage brokerage firm serving Worcester and the surrounding areas. It works with several different lenders offering a variety of loan programs for homebuyers. It also partners with lenders that offer construction loans. Its experienced mortgage professionals serve clients from all walks of life and help them choose the right kind of loan program for their needs. They keep clients informed about the entire loan process and calculate everything to determine the right loan amount.

License Verified:

License: 57942

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 (3)

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
92 Maple St, West Boylston, MA 01583
  • Refinance

Why choose this provider?

West Boylston-based mortgage firm, All East Mortgage Advisors, LLC serves the loan needs of residents of Worcester and the surrounding communities. Its list of loan options includes fixed-rate mortgage, FHA, VA, and jumbo loans. Additionally, it also provides refinancing options that include cash-out refinancing. Brian Fenlon, a lifelong New Englander, is the owner of the agency and serves as an originator. Its mortgage originators use comparative analysis software to research and compare various loan programs for clients.

License Verified:

License: 1485277

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 (20)
Facebook
5.0 / 5 (10)

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
45 Lyman Street, Westborough, MA 01581
  • Multi-Family Loans

Why choose this provider?

Kim A. Mello has been helping individuals in Worcester meet their home financing goals for more than two decades. Kim guides first-time and seasoned homebuyers in finding financial solutions for purchasing residential properties. She assists homeowners looking into refinancing options as well. Kim works with Draper and Kramer Mortgage Corp. to bring clients different residential loan products that fit their unique needs. The company offers in-house loan processing that can be accessed through its secure online web portal and mobile app.

License Verified:

License: 20340

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 (5)

Website
196 Boston Turnpike, Shrewsbury, MA 01545
  • New Construction
  • Refinance

Why choose this provider?

Drew Mortgage Associates, Inc., is a family-owned and privately held company that has been serving Worcester and nearby areas for over 35 years. As a comprehensive mortgage planner and lender, it assists its clients with various home loan solutions, including purchasing a home and refinancing mortgages. Some of the programs it offers are standard, USDA rural home, VA, FHA, and jumbo loans. It also has its own radio program, The Drew Mortgage Show, hosted by Douglas Rawan who answers inquiries about financial issues and housing.

License Verified:

License: 2856

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.
3.8
Google
4.0 / 5 (37)
Yelp
3.0 / 5 (9)
Facebook
4.0 / 5 (4)

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.