Expertise.com

2024

Last updated:

Best Mortgage Brokers in Great Falls

Our Recommended Top 3

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 Great Falls 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

11Curated

3Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

11 West Main St. Ste 220, Great Falls, MT 59714
WebsiteLicense: 219934

Expertise.com Rating

Review Sources

Google
4.9 (26)

Why choose this provider?

Thelen Mortgage is a locally owned and operated brokerage firm serving individuals and families in Great Falls and the surrounding areas. It provides mortgage loan products for different types of clients, including veterans or active members of the military, first-time home buyers, and self-employed individuals. Types of loans it offers include conforming, HARP 2.0, FHA, VA, and USDA loans. In addition, it assists with investment property and refinance loans. Thelen Mortgage has been in business for more than two decades.

  • Refinance
  • New Construction

608 2nd St S, Great Falls, MT 59405
WebsiteLicense: 2550

Expertise.com Rating

Review Sources

Google
4.8 (83)
Facebook
5.0 (16)

Why choose this provider?

Mann Mortgage - Great Falls caters to the home loan requirements of clients in the local metro. This division of the Mortgage Professional America's 2021 Top Employer assists qualified borrowers in making informed decisions about their VA, FHA, and USDA loans, allowing them to fulfill the dream of home ownership. Its loan officers also help homeowners qualify for loans for their construction or renovation projects. Additionally, they guide property owners intending to shorten their loan terms and lower their payments through the refinancing process.

  • Refinance

5295 S Commerce Dr, Ste 205, Great Falls, MT 84107
WebsiteLicense: 1687346

Expertise.com Rating

Review Sources

Facebook
5.0 (19)

Why choose this provider?

RoBUS Mortgage is a direct lending company that caters to individuals and families in Great Falls. The firm assists its clients in achieving their desired homes by providing various loan options. These include conventional, jumbo, and government-backed mortgages such as VA, FHA, and USDA. It also helps senior citizens use their equity through reverse mortgages. Other products include ITIN, foreign national, bank statement, and no-income loans. Owner and broker Jonathan Miller has been in the industry for over 20 years.

  • New Construction
  • Refinance

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.