Expertise.com

Best Mortgage Brokers in Columbia

2024

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Providers

Last updated:

Website
Columbia, MO
  • Refinance

Why choose this provider?

Tim Rich is a NEXA Mortgage consultant who offers a portfolio of various loan programs for clients in Columbia. He caters to both first-time and experienced homebuyers, as well as potential refinancers and real estate investors. His selection of financial plans is tailored according to assessments of local marketing conditions and derived from comparisons of choices from more than 110 nationwide lenders. Rich is also a member of organizations like the Brokers Are Better and the Association of Independent Mortgage Experts.

License Verified:

License: 1891826

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

Website
700 Cherry St, Ste B, Columbia, MO 65201
  • Refinance
  • New Construction

Why choose this provider?

USA Mortgage is a Columbia-based company. It assists first-time buyers and refinancers determine whether a fixed-rate or adjustable rate, jumbo, or VA mortgage type suits their circumstances. Chenoa fund grants and MHDC loans for FHA and conventional mortgages are also available. Additionally, the agency offers a Community Heroes program designed for nurses, firefighters, teachers, and social workers. As a full-service lender, USA Mortgage stays with its customers from consultation to closing and completes its loan processing and underwriting in-house.

License Verified:

License: 227262

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 (651)
Zillow
5.0 / 5 (382)
Facebook
4.9 / 5 (172)

(+1 additional source)

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
200 E Walnut St., Columbia, MO 65203
  • New Construction

Why choose this provider?

Mid America Mortgage Services, Inc., serves clients in and around Columbia. It helps individuals find home loan options that suit their specific needs, including adjustable-rate mortgages, FHA, VA, or USDA loans. It also caters to homeowners looking to refinance their current mortgages to reduce their interest rates, shorten their loan terms, or cash out their equity. The company's president, Ralph D. Gates, served in the US Army Reserve and is a member of the Boone County Farm Bureau.

License Verified:

License: 1142067

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
Facebook
5.0 / 5 (29)
Google
3.0 / 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
3401 W. Broadway Business Park Ct. Suite 213, Columbia, MO 65203
  • Refinance

Why choose this provider?

VeteransLoans.com established its independent office in 2014. The team comprises members with more than a decade of experience in the lending and mortgage industry. The company aims to assist veterans in Columbia in finding financial solutions that fit their needs. It offers VA cash-out refinance loans, which can help pay off debt, make home improvements, or cover emergency expenses. The loan type does not require PMI, unlike traditional home loans. IRRRL or VA streamline loans are also available.

License Verified:

License: 1313859

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
4.5 / 5 (58)
Facebook
5.0 / 5 (57)

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
1400 Veterans United Dr., Columbia, MO 65203
  • Refinance

Why choose this provider?

Veterans United is a mortgage firm that serves clients in and around Columbia. It helps qualified veterans, service members, and surviving partners achieve their goals, whether they want to purchase, refinance, or retrofit houses. Its mortgage professionals assist clients in determining their home loan eligibility and advise them about the process. As part of its advocacy, the team collaborates with former senior enlisted military leaders to educate veterans about the importance of VA loans and homeownership. Veterans United has closed more than 500,000 VA loans.

License Verified:

License: 1907

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
Zillow
4.8 / 5 (5084)
Google
4.8 / 5 (4378)
Yelp
4.0 / 5 (277)

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
219 E Broadway, Columbia, MO 65203
  • Refinance
  • New Construction

Why choose this provider?

Total Lending Concepts Columbia caters to individuals and families seeking mortgage solutions. Its team provides a wide selection of loan programs to help first-time homebuyers and investors obtain their dream real estate properties, like luxury homes and rental spaces. The company processes USDA, VA, FHA, conventional, reverse mortgage, and jumbo loans. Clients with more than 620 credit scores can acquire refinancing loan options. Total Lending Concepts extends its services to Overland Park, Dallas, and Sulphur Springs.

License Verified:

License: 1043976

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 (183)
Zillow
4.9 / 5 (142)
Facebook
3.0 / 5 (2)

(+1 additional source)

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
1301 Vandiver Dr, Ste O, Columbia, MO 65202
  • Refinance

Why choose this provider?

Pioneer Mortgage, Inc., is a brokerage that offers loan programs and refinancing solutions to clients looking to purchase new homes, secondary residences, and investment properties in Columbia and nearby areas. The company is operated by Paul Lewandowski, an NMLS-licensed mortgage professional with over 20 years of experience. Paul helps clients navigate their options from conventional to government home loans like VA, USDA, and FHA. Pioneer Mortgage also offers Fannie Mae HomeReady and Freddie Mac Home Possible loans.

License Verified:

License: 1202430

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

Website
3401 W. Broadway Business Park Ct. Ste 213, Columbia, MO 65203
  • Refinance

Why choose this provider?

Mid-Continent Funding, Inc. serves clients throughout Columbia and the surrounding areas. It provides loan products for homeowners looking to refinance their mortgages. It offers fixed-rate and adjustable-rate, conventional, FHA, and VA refinancing loan options. Its team assists clients in selecting loan products that meet their various needs and goals, such as lowering their monthly payments, reducing their interest, or taking cash-outs for additional funds. Its home loan specialists also provide loan programs for home buyers.

License Verified:

License: 1313859

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.
4.2
Google
4.6 / 5 (9)
Yelp
2.5 / 5 (3)
Zillow
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
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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.