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Best Mortgage Brokers in Greensboro

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ALCOVA Mortgage - Greensboro, NC logo
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License Verified:

License: 40508

Nationwide Multistate Licensing System and Registry

ALCOVA Mortgage - Greensboro, NC

3608 West Friendly Avenue, Greensboro, NC 27410
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  • Multi-Family Loans

Business Description

ALCOVA Mortgage, which is located in Greensboro, is a team of brokers that serves home buyers' financing needs, whether they are over 62 years old, have a military spouse, or want to build a home from the ground up, through a number of products, including reverse mortgages, USDA, FHA, and conventional loan programs. The firm also offers Your Way mortgage, allowing clients to structure loans according to their needs. ALCOVA Mortgage was established in 2003 by a trio of friends.

License Verified:

License: 40508

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
4.9 / 5 (141)
Facebook
5.0 / 5 (102)

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
––
Certainty Home Loans - Greensboro logo
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License Verified:

License: 86309

Nationwide Multistate Licensing System and Registry

Certainty Home Loans - Greensboro

200 Centreport Drive, Greensboro, NC 27409
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  • New Construction

Business Description

Certainty Home Loans serves both homeowners and homebuyers in Greensboro and the neighboring communities. With more than two decades of industry experience, the company provides home loan programs for clients who are looking into refinancing a current mortgage or purchasing a new home. It also offers reverse mortgage and renovation lending solutions. Other products include FHA and VA streamline, VA cash-out, conventional loans, and jumbo mortgage. Certainty Home Loans has assisted more than 188,000 families and supports Equal Housing Opportunity.

License Verified:

License: 86309

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 (117)
Google
5.0 / 5 (5)
Yelp
1.0 / 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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Equity Resources, Inc. logo
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License Verified:

License: 1579

Nationwide Multistate Licensing System and Registry

Equity Resources, Inc.

3711 West Market Street, Greensboro, NC 27403
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  • Refinance
  • Purchase Transactions

Business Description

Equity Resources, Inc. is a full-service mortgage broker that serves Greensboro and other surrounding communities. It assists homebuyers and property investors in securing home loans or refinancing programs that best suit their needs and financial goals. It has a bilingual mortgage specialist that assists the Latinx community in the process of acquiring mortgages. The company's programs include conventional, USDA, FHA, and VA loans. It also offers a digital platform where clients upload documents and receive updates about their loan process.

License Verified:

License: 1579

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
4.0 / 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
Helms Mortgage LLC logo
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License Verified:

License: 1283399

Nationwide Multistate Licensing System and Registry

Helms Mortgage LLC

701 Green Valley Road, Greensboro, NC 27408
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  • New Construction
  • Purchase Transactions

Business Description

Serving North and South Carolina residents since 2014, Helms Mortgage LLC is a mortgage brokerage located in Greensboro. With a strong focus on customer experience, it matches home buyers, refinancers, and builders with a mortgage product and gives them status updates as well as access to a variety of online tools. Its loan officers help with 15-and 30-year fixed-rate, adjustable-rate, 2/1 buy-down, jumbo, and construction mortgages. Robert E. Helms, Jr., its president, has 27 years of experience in the industry.

License Verified:

License: 1283399

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 (19)
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
Jefferson Capital Mortgage logo
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License Verified:

License: 1636660

Nationwide Multistate Licensing System and Registry

Jefferson Capital Mortgage

3859 Battleground Avenue, Greensboro, NC 27410
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  • Refinance

Business Description

Jefferson Capital Mortgage is a team of mortgage brokers in Greensboro that provides home loan programs to clients in the metro. The company is headed by Pete Allen, a mortgage sales manager who has been in the industry since 1999. He is joined by senior loan officers Norma Matto and Connie Cook in providing loan programs such as FHA loans, jumbo loans, VA loans, as well as USDA loans. The firm also provides fixed and adjustable-rate mortgages and interest-only mortgages.

License Verified:

License: 1636660

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 (32)
Facebook
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
Kristin Reagan logo
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License Verified:

License: 60291

Nationwide Multistate Licensing System and Registry

Kristin Reagan

101 South Elm Street, Greensboro, NC 27401
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  • New Construction
  • Refinance
  • Purchase Transactions

Business Description

Kristin Reagan is a loan officer at Union Home Mortgage and the branch manager of the company's office in Greensboro. Whether a client needs to purchase a home, refinance an outstanding mortgage, renovate, or build a custom home, Kristin can provide mortgage options such as conventional loans, FHA & VA loans, rehab loans, and new construction loans. Union Home Mortgage was established in 1970 and has won several accolades, including The Inc. 5000 List from 2016 to 2019.

License Verified:

License: 60291

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
4.0 / 5 (8)
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
Residential Mortgage Services logo
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License Verified:

License: 1760

Nationwide Multistate Licensing System and Registry

Residential Mortgage Services

701 Green Valley Road, Greensboro, NC 27408
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  • Refinance

Business Description

Residential Mortgage Services offers mortgage assistance to its clients in the Greensboro metro and neighboring communities. It has been helping individuals and their families buy their desired houses since 1991. It is an independent, privately held, and direct lender of residential mortgage products, which helps its customers gain access to their desired properties. Its loan officers also assist clients from the first step of buying a house down to the release and signing of papers.

License Verified:

License: 1760

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 (83)
Google
5.0 / 5 (1)
Scott Shubert logo
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License Verified:

License: 130722

Nationwide Multistate Licensing System and Registry

Scott Shubert

341 South Swing Road, Greensboro, NC 27409
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  • Purchase Transactions

Business Description

Scott Shubert is a licensed mortgage lender in Greensboro that offers mortgage services and solutions to homebuyers and homeowners in the metro. Scott is the branch manager of Benchmark Mortgage and offers loan programs such as veteran loans (VA loans), rural home loans (USDA loans), FHA loans, and jumbo loans. Scott guides clients throughout the loan application process, from pre-qualifying to home funding, taking care of all paperwork such as credit reports, tax returns, and home inspection reports.

License Verified:

License: 130722

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 (15)
Facebook
5.0 / 5 (13)

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
The Don Owens Team logo
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License Verified:

License: 98786

Nationwide Multistate Licensing System and Registry

The Don Owens Team

204 Muirs Chapel Road, Greensboro, NC 27410
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  • Refinance

Business Description

The Don Owens Team, partnered with Hamilton Home Loans, is a mortgage brokerage that serves Greensboro and the surrounding areas. It offers loan solutions to first-time homebuyers, move-up and second home buyers, and investment buyers. Senior citizens looking to get some cash out of their home equity can also take advantage of reverse mortgage solutions offered by the company. Refinancing options are also offered to clients looking to lower their monthly payments, pay off their debt faster, or get a lower interest rate.

License Verified:

License: 98786

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 (106)

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
––
Back to Providers

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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