Expertise.com

2024

Last updated:

Best Mortgage Brokers in Southaven

Our Recommended Top 5

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Southaven Mortgage Brokers on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

17Reviewed

12Curated

5Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
1582 Poplar Ave, Memphis, TN 38104
  • Refinance
  • New Construction

Why choose this provider?

Jennifer Ballheimer is a home loan professional affiliated with Mortgage Financial Services. She caters to the needs of investors and both first-time and seasoned homebuyers, helping them select from various programs such as jumbo, VA, and FHA loans. She also offers 15- and 30-year loans for clients looking to purchase vacation homes. In addition, refinancing options are available. Ballheimer has been offering home financing solutions since 2002. Committed to providing around-the-clock assistance, clients may reach her via text, phone, and email.

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
Facebook
5.0 / 5 (158)

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
7145 Swinnea Road, Suite 1, Southaven, MS 38671
  • Refinance

Why choose this provider?

Shelley Dunn is the producing branch manager of Supreme Lending in Southaven. She offers a wide selection of loan programs, including government, traditional, amortization, and specialty loans. Her government programs include VA and FHA loans. Dunn works with borrowers throughout the loan application process, from underwriting to closing. In line with her full-service approach, she provides post-closing assistance by addressing her client's additional mortgage needs. Dunn also offers financing terms for property types, such as second home, investment property, and primary residence.

License Verified:

License: 185241

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 (27)
Zillow
5.0 / 5 (11)
Facebook
5.0 / 5 (7)

Website
688 West Brookhaven Circle, Memphis, TN 38117
  • Refinance

Why choose this provider?

For more than 100 years, Crump Mortgage has been dealing with clients in the Southaven area. The company assists homebuyers through the process of applying for conventional loans. It also offers programs guaranteed or insured by different federal agencies, including the VA, FHA, and USDA. In addition, it educates borrowers on loans provided by the Tennessee Housing Development Authority. Rob Crump, one of its loan officers, has spent more than three decades in the mortgage industry.

License Verified:

License: 82525

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.
4.7
Google
4.3 / 5 (6)
Facebook
5.0 / 5 (5)
Zillow
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

Website
6260 Poplar Ave., Memphis, TN 38119
  • Refinance

Why choose this provider?

Eagle Mortgage & Funding, Inc., caters to investors and buyers in Southaven and nearby areas. Its loan officers help individuals and families acquire various types of residential properties by assisting them in filing mortgage applications. They process a selection of mortgage products, such as conventional, conforming, jumbo, fixed-rate, USDA, VA, and FHA loans. They also provide 203k loans, state and local housing programs, and refinancing solutions. Eagle Mortgage & Funding has been operating for over 25 years.

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.
4.9
Google
5.0 / 5 (28)
Zillow
4.6 / 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
6080 Getwell Rd., Suite 204, Southaven, MS 38672
  • Refinance

Why choose this provider?

Desoto Home Mortgage addresses the housing concerns of individuals and families in Southaven. The firm helps people achieve their dream homes or fund their renovation projects through various mortgage solutions. Its team of lenders offers conventional and government-backed loans, which include USDA, FHA, and VA. In addition, they assist those who want to get lower interest rates, monthly payments, and cash from their home loans by providing refinancing options. Desoto Home Mortgage is also licensed to operate in Tennessee.

License Verified:

License: 1931834

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 (171)
Facebook
5.0 / 5 (58)

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

FAQs

  • 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.

Other top picks in your area