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Best Mortgage Brokers in Olive Branch

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Andrew O'Fee The Yankee Closer logo
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License Verified:

License: 161130

Nationwide Multistate Licensing System and Registry

Andrew O'Fee The Yankee Closer

684 West Brookhaven Circle, Olive Branch, MS 38117
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  • Refinance

Business Description

Andrew O'Fee The Yankee Closer is a loan officer with Crump Mortgage who serves individuals and families in Olive Branch and the surrounding areas. He provides home purchase loans for different types of properties, including single-family and multi-family homes, townhouses, and condos. Types of mortgages he offers include conventional, FHA, FHA 203k, Harp 2.0, and VA loans. Andrew O'Fee has been working in the mortgage industry for more than a decade. He is a member of the MAAR Affiliate Council.

License Verified:

License: 161130

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 (81)
Facebook
4.8 / 5 (22)

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
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Detail
BenchMark Mortgage LLC logo
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License Verified:

License: 72677

Nationwide Multistate Licensing System and Registry

BenchMark Mortgage LLC

3263 W Sarazens Cir, Memphis, TN 38125
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  • Reverse Mortgages
  • Refinance

Business Description

BenchMark Mortgage LLC is a brokerage company that caters to the residents of Olive Branch and the surrounding areas. Its experts help homebuyers and real estate investors find the right loan programs that fit their needs. Additionally, it serves senior citizens who are looking for reverse mortgages, as well as existing homeowners who want to have their properties refinanced. The firm maintains clear lines of communication via calls and emails to guide clients through the entire mortgage process.

License Verified:

License: 72677

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

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
––
Blake Team logo
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License Verified:

License: 450899

Nationwide Multistate Licensing System and Registry

Blake Team

5915 Getwell Road Building C Suites 4-5, Southaven, MS 38672
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  • Refinance

Business Description

Blake Team is a Southaven-based company that deals with clients across Olive Branch. It has experience assisting homebuyers through the process of applying for Fannie Mae HomeStyle loans, helping them in financing property acquisition and renovation. It also provides mortgages backed by the VA and FHA. The company offers other solutions like the jumbo loan, a way for borrowers to purchase properties in upscale neighborhoods. Blake Team runs a website with mortgage calculators to guide clients in their decision-making.

License Verified:

License: 450899

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
Crump Mortgage logo
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License Verified:

License: 77047

Nationwide Multistate Licensing System and Registry

Crump Mortgage

688 West Brookhaven Circle, Memphis, TN 38117
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  • Refinance

Business Description

Crump Mortgage has been serving customers in the Olive Branch community since 1921. The firm provides borrowers with financing solutions tailored to their needs. Its vice president, Rob Crump, is a loan officer with over 31 years of experience. He has worked with thousands of home buyers, navigating them through the process of understanding their loan terms, realizing their objectives, and protecting their economic interests. Crump serves on various Christian ministry boards and non-profits to establish and maintain his community presence.

License Verified:

License: 77047

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.
4.6
Google
4.3 / 5 (6)
Facebook
5.0 / 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
Eagle Mortgage & Funding, Inc. logo
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License Verified:

License: 187152

Nationwide Multistate Licensing System and Registry

Eagle Mortgage & Funding, Inc.

6260 Poplar Avenue, Memphis, TN 38119
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  • Refinance
  • New Construction

Business Description

Eagle Mortgage & Funding, Inc., has been offering home financing solutions to residents in and around Olive Branch since 1994. To meet clients' varying needs, it provides a wide range of home loans, from conventional and conforming to jumbo and FHA. It also offers the Rural Housing Service loan program, which caters to low to moderate-income individuals residing in rural locations or small towns. In addition, USDA and VA programs are available. Eagle Mortgage & Funding performs underwriting and closing in-house.

License Verified:

License: 187152

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 (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
Jason Woods logo
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License Verified:

License: 99835

Nationwide Multistate Licensing System and Registry

Jason Woods

3964 Goodman Road, Suite 222, Southaven, MS 38672
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  • Refinance

Business Description

Jason Woods addresses the real estate needs of residents in and around Olive Branch. He helps families and individuals achieve their dream homeownership through his variety of mortgage solutions. He assists clients in determining whether the home purchase meets their short and long-term needs. The professional also provides marketing strategies to enable sellers to advertise their investment spaces. Woods is a loan officer who has been in the mortgage lending industry for more than 14 years.

License Verified:

License: 99835

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
3.6 / 5 (629)

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
Jennifer Ballheimer logo
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License Verified:

License: 143750

Nationwide Multistate Licensing System and Registry

Jennifer Ballheimer

1582 Poplar Ave, Memphis, TN 38104
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  • Refinance

Business Description

Jennifer Ballheimer is a loan originator and regional production manager with Mortgage Financial Services who helps individuals and families in Olive Branch and the surrounding areas. She provides mortgages for different types of clients, including veterans or active members of the military, first-time home buyers, and those looking for low-down-payment loan options. She also offers refinance programs for clients looking to consolidate debt or pay off their loans faster. Jennifer Ballheimer has been working in the mortgage industry for more than two decades.

License Verified:

License: 143750

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
Jerry Hensley logo
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License Verified:

License: 1480666

Nationwide Multistate Licensing System and Registry

Jerry Hensley

6471 Stage Rd, Bartlett, TN 38134
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  • Refinance
  • New Construction

Business Description

Jerry Hensley provides mortgage services to clients across Olive Branch and the surrounding areas. Jerry guides individuals and families to apply for mortgage loan programs to help them purchase loans suitable for their financial goals and needs. He also assists clients in calculating their mortgages involving payment amortization, debt consolidation, refinance break even, and annual percentage rates. Jerry Hensley serves as an area sales manager at First South Financial, a mortgage company that has been operating since 1957.

License Verified:

License: 1480666

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 (2)
Jo Garner logo
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License Verified:

License: 757308

Nationwide Multistate Licensing System and Registry

Jo Garner

2645 Appling Rd.,, Memphis, TN 38133
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  • Refinance

Business Description

Jo Garner is an Olive Branch mortgage originator who offers VA, FHA, and conventional loan programs. She has been in the industry for over 25 years, providing financing terms for people looking to buy their first home as well as those going through a divorce, medical challenges, or preparing to send their children to college. In addition, Garner is the founder of Talk Shoppe in Memphis and the host of the iHeart Radio show Real Estate Mortgage Shoppe.

License Verified:

License: 757308

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 (23)
Morgan Fleet logo
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License Verified:

License: 947110

Nationwide Multistate Licensing System and Registry

Morgan Fleet

763 Walnut Knoll Ln Ste 5, Cordova, TN 38018
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  • Refinance
  • New Construction

Business Description

Morgan Fleet is a mortgage broker serving clients in Olive Branch. As a senior loan officer for American Pacific Mortgage Corporation, she assists first-time, move-up, and experienced homebuyers in choosing the right home loan to purchase their new primary residence or secondary property. She works closely with her clients in reviewing their financial situation and educates them through the entire mortgage process to minimize costly mistakes. She also assists homeowners and real estate investors with their refinancing and low-rate financing needs.

License Verified:

License: 947110

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 (17)

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
Mortgage Investors Group logo
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License Verified:

License: 125422

Nationwide Multistate Licensing System and Registry

Mortgage Investors Group

1000 Brookfield Road, Suite 225, Memphis, TN 38119
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  • Refinance
  • New Construction

Business Description

Mortgage Investors Group has been serving clients since 1989. The company helps first-time homebuyers acquire properties through loans backed by the USDA, FHA, and VA. It also assists clients looking to apply for down payment assistance programs from the Tennessee Housing Development Agency. For senior homeowners aiming to convert a portion of their equity into cash, the company provides reverse mortgages. Kevin Rhea, one of its team members, is the host of "The Housing Hour," a radio show that talks about housing trends.

License Verified:

License: 125422

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.
4.6
Facebook
4.6 / 5 (23)

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

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.

How do mortgage brokers get paid?

The customer or the lender pays the mortgage broker. By law, it's illegal for a mortgage broker to accept payment from both parties. Additionally, thanks to the Dodd-Frank Act, a mortgage broker cannot have hidden fees or base their commission on their customer's interest rate.

What makes mortgage brokers different from loan officers?

Loan officers are employees of a single lender. For example, if you go to a bank for a mortgage, you'll deal with their loan officer. They’re paid a set salary and receive bonuses; however, they can only offer loans from their bank.

A mortgage broker works independently or for a firm, and they’re paid by the client or lender. Mortgage brokers can approach several lenders, giving individuals many more options.

What is the difference between a commercial mortgage broker and a home loan broker?

A commercial mortgage broker deals with real estate loans for businesses. The loan for the commercial property is given to the company, not the individual. As a result, the approval process reviews the financial health of the business. In comparison, a home loan broker helps individuals gain a real estate loan for their property.

How much do mortgage brokers make?

According to Salary.com, the average salary for a mortgage broker in the U.S. ranges between $75,344 and $99,498. However, this can significantly vary depending on the state you work in, bonuses, and other factors.

How do mortgage brokers get paid?

How a mortgage broker gets paid entirely depends on who they work for. If they’re an independent contractor, all of their income comes from their clients or lenders. If the person works for a brokerage, they may be paid a combination of a base salary and bonuses from closed deals.

How much do mortgage brokers make per loan?

Mortgage brokers typically make between 1% and 2% of the total loan amount on each deal closed. The client or the lender will pay this fee. The mortgage broker does not receive their payment until the loan is approved and finalized. 

Can mortgage brokers work across state lines?

Yes, mortgage brokers can work across state lines. However, each state has different licensing requirements for its mortgage brokers. To legally close a transaction, you must be certified in the state of the transaction. Additionally, it's helpful to know the state's closing process, as this can change from state to state.

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.

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.

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.

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