Best Mortgage Brokers in Wilmington

Laurels
Laurels

We did the research for you!

Learn more
  • checkboxLicensing
  • checkboxUser Reviews
  • checkboxMystery Shopping Calls

Mortgage Brokers FAQs

Learn more
Alpha Mortgage logo
Visit WebsiteWebsite

License Verified:

License: 93265

Nationwide Multistate Licensing System and Registry

Alpha Mortgage

1320 Airlie Road, Wilmington, NC 28403
Visit WebsiteWebsite
  • New Construction

Business Description

Alpha Mortgage provides services throughout the Wilmington community and the surrounding areas. It caters to individuals applying for mortgage loan programs, such as VA, FHA, and USDA, to help them with their home buying or loan refinancing process. It also offers conforming home loan programs for individuals wishing to purchase modular homes, houses, and condominium units. The company is available for other loan options, including reverse and HECM. Alpha Mortgage has been operating since 1983.

License Verified:

License: 93265

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
4.2 / 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
Coastline Mortgage Consultants, LLC logo
Visit WebsiteWebsite

License Verified:

License: 106887

Nationwide Multistate Licensing System and Registry

Coastline Mortgage Consultants, LLC

215 Racine Dr 105, Wilmington, NC 28403
Visit WebsiteWebsite
  • Refinance
  • New Construction

Business Description

Coastline Mortgage Consultants, LLC, is a lending company that serves customers in Wilmington. It offers mortgage solutions for those buying a new home or investing in real estate. It provides fixed-rate and adjustable-rate mortgages, and its loan options include conventional, FHA, HARP, jumbo, USDA, and VA. It also carries state and local housing programs. Additionally, it assists clients who plan to refinance an existing mortgage. Coastline Mortgage Consultants was founded in 2002 by John Russ and Chad Ludwig. The partners have over 40 years of combined industry experience.

License Verified:

License: 106887

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 (65)
Facebook
5.0 / 5 (29)
Yelp
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
Back to Providers

Frequently Asked Questions

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.

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.

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.

Read All FAQS