Expertise.com
2024

Last updated:

Best Mortgage Brokers in Paterson

Our Recommended Top 18

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 Paterson Mortgage Brokers on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

53

Reviewed

39

Curated

18

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
837 Kinderkamack Rd, River Edge, NJ 07661
  • Multi-Family Loans

Why choose this provider?

Brightwire Loans is a mortgage company serving Paterson and the surrounding communities. It presents a wide variety of loan programs for individuals who are looking to purchase or refinance a home. Its team helps clients consider different factors that affect their rates such as credit score, property type, down payment, and annual income. The company's president, Todd Harrington, worked as a technology engineer before realizing his dream of owning a business and helping people by being a mortgage professional.

License Verified:

License: 1074453

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.
4.0
Google
4.0 / 5 (64)

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
271 Route 46 West, Fairfield, NJ 07004
  • Refinance

Why choose this provider?

HQM Loans is an independently owned mortgage brokerage firm that has been serving the residents of Paterson since 2015. It arranges home loans such as fixed-rate, FHA, first-time buyer, and VA loans. HQM Loans has been featured on Designing Spaces Local Edition, FOX 5 New York, and CBSN New York. President and co-founder, John Fornino, has been working in the mortgage industry for almost two decades. According to his NMLS statistics, he is one of the top 20 loan officers in New Jersey.

License Verified:

License: 1253330

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 (61)

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
277 Fairfield Road, Fairfield, NJ 07004
  • Refinance

Why choose this provider?

Forward Mortgage, LLC, is a mortgage solutions specialist that attends to the financial needs of residents in Paterson and nearby localities. The company assists first-time and repeat homebuyers by assessing their financing options when purchasing a new home. Its mortgage brokers represent several lenders that offer a variety of residential loan products, including fixed-rate, ARM, conforming loans, jumbo, and super jumbo loans. The group also delivers FHA, VA, and USDA loans. Forward Mortgage is licensed to serve clients in Florida, North Carolina, and New Jersey.

License Verified:

License: 1626839

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 (29)
Zillow
5.0 / 5 (28)
Facebook
5.0 / 5 (19)

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
959 Route 46 East, Parsippany-Troy Hills, NJ 07054
  • New Construction
  • Refinance

Why choose this provider?

Kwik Mortgage Corporation is catering to the financial needs of its patrons in Paterson and nearby towns. This company has been helping customers purchase or refinance their homes for over two decades. Its line of expertise revolves around conventional loans, FHA loans, VA loans, non-traditional loans. It also offers a fixed-rate mortgage that has a term ranging from 10 to 30 years and an adjustable-rate mortgage that is made up of a fixed-rate period, and a series of rate adjustment periods.

License Verified:

License: 138075

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.
4.0
Facebook
4.0 / 5 (15)

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
195 U.S. 46, Totowa, NJ 07512
  • Refinance

Why choose this provider?

LCD Mortgage is a mortgage financing company that caters to the needs of Paterson residents and nearby communities. Individuals and families can achieve their homeownership aspirations by obtaining a residential loan from the firm. Its mortgage advisors are experts in a wide range of home loans, including conventional, Jumbo, and renovation 203K loans, as well as government loans such as FHA, USDA, and Jumbo. The agency also assists clients with mortgage refinancing to change their current mortgage. The company is a certified Equal Housing Lender.

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 (17)
Google
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

Website
375 Chestnut Street, Newark, NJ 07105
  • Refinance

Why choose this provider?

AMS Mortgage Services, Inc. is a full-service mortgage brokerage firm serving clients in Paterson and the surrounding areas. It caters to individual homebuyers, builders, and real estate professionals, providing a wide range of loan programs according to their needs. The professionals in this company help clients purchase or refinance their loans and keeping the clients updated during the process. For the client's convenience, they can review their loan alternatives and progress from the company's 24/7 accessible website.

License Verified:

License: 20843

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
Facebook
5.0 / 5 (12)
Google
1.0 / 5 (1)
Yelp
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

Website
77 Union Street, Dover, NJ 07801
  • Refinance

Why choose this provider?

Absolute Home Mortgage Corporation is a full-service mortgage solutions company servicing the Paterson metro area and nearby communities. The Fairfield-based firm assists first-time and experienced home buyers to find the right home loan that best suits their real estate needs. Its mortgage advisors represent multiple lenders that carry an array of home loan options. These include fixed-rate, adjustable-rate, FHA, VA, and USDA loans. The group also handles renovation loans and mortgage refinancing. The company has over 15 years of professional experience in mortgage brokerage.

License Verified:

License: 919999

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
Zillow
5.0 / 5 (1033)
Facebook
5.0 / 5 (13)
Yelp
2.0 / 5 (5)

(+1 additional source)

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
11 Kiel Avenue, Kinnelon, NJ 07405
  • Refinance

Why choose this provider?

Family Home Funding Corp provides mortgage services to clients in Paterson. It specializes in several loan options, including conforming, first-time homebuyer, conventional, fixed-rate, reverse mortgage, and FHA. It also offers VA, jumbo, adjustable-rate, and FHA 203K loan programs. Family Home Funding Corp president Ed Morba has over 30 years of experience in the industry. He has served in the NAIHP as the Vice Chairman of Government Affairs and is the current director of the New Jersey Professional Mortgage Originators.

License Verified:

License: 207343

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 (40)
Facebook
5.0 / 5 (2)
Yelp
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

Website
290 Vincent Avenue, Hackensack, NJ 07601
  • Refinance

Why choose this provider?

Donald Anfuso is a licensed mortgage professional that owns and manages MP4L, a mortgage company that provides home financing solutions to residents of the Paterson metro. Starting his career at a mortgage company while he was still in high school, he now has over 20 years of experience in the industry. His vast experience helped him cultivate expertise in loan pre-approvals. His website offers a variety of pre-approval tools and calculators that help speed up the application process.

License Verified:

License: 53683

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 (66)

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
2 Executive Boulevard, Montebello, NY 10901
  • Refinance
  • Commercial Loans

Why choose this provider?

The Everest Equity Company, Inc., is a team of mortgage brokers that serves the residents of the Paterson metro through customized home financing support and mortgage strategies. It was founded in 2004 with the goal of creating a boutique mortgage company that handles every phase of the process. It provides residential financing programs for primary and secondary residences, investment properties, jumbo mortgages, and cash-out refinances. It also offers loans, such as construction and non-profit loans, for companies.

License Verified:

License: 12484

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.
4.3
Google
4.0 / 5 (11)
Facebook
5.0 / 5 (4)

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
160 Pehle Avenue, Saddle Brook, NJ 07663
  • Refinance
  • Reverse Mortgages
  • Purchase Transactions

Why choose this provider?

Garden State Mortgage is a Saddle Brook-based mortgage company offering its services to clients in the Paterson area. It helps them find the most appropriate loan program by comparing different rates and financing options. The company offers various loan options such as FHA loans, VA loans, USDA loans, and jumbo loans. Other home loan products include reverse mortgage, adjustable-rate mortgage, 30-year fixed mortgage, and 15-year fixed mortgage. Garden State Mortgage also provides home refinancing solutions that aim to lower interest rates and terms.

License Verified:

License: 1707560

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 (21)
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

Website
27 Clyde Road, Franklin Township, NJ 08873
  • Refinance
  • Purchase Transactions

Why choose this provider?

Petra Cephas Residential Mortgage Brokers is a mortgage brokerage that has been serving Paterson and the surrounding areas for over 15 years. Specializing in residential mortgages, the firm assists clients in finding mortgage options for various residential properties, such as single-family homes, condominiums, and townhouses. Whether a client is a first-time homebuyer or someone looking to refinance an existing mortgage, loan programs, such as conventional loans, VA loans, and FHA loans, are available.

License Verified:

License: 1222300

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.
4.2
Google
4.0 / 5 (133)
Facebook
4.9 / 5 (29)

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
72 Essex Street, Lodi, NJ 07644
  • Refinance

Why choose this provider?

Ameridream Home Loans is a mortgage company that offers financing solutions in Paterson and the surrounding areas. Established in 2016, it aims to help clients achieve homeownership through a streamlined mortgage process. The firm is staffed with experienced brokers who assist the clients in exploring different loan options, whether it's for a new home purchase or refinancing an existing mortgage. They help customers determine the right loan program and guide them throughout the mortgage process, starting from pre-approval up to the closing stage.

License Verified:

License: 1510167

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 (267)
Zillow
5.0 / 5 (183)
Facebook
5.0 / 5 (22)

(+1 additional source)

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
115 West Century Road, Paramus, NJ 07652
  • New Construction
  • Refinance

Why choose this provider?

Bond Street Mortgage is a full-service mortgage lender catering to clients in Paterson. It can provide assistance with home purchase and home refinancing. It offers purchase loan programs such as USDA, VA, jumbo, and FHA. It also provides fixed-rate mortgages, interest-only, graduated payments, and ARMs. The agency can help borrowers reduce monthly payments or switch to a different type of loan. Its website has mortgage tools to guide clients in finding loans that meet their needs.

License Verified:

License: 191351

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.
4.0
Google
4.0 / 5 (269)
Facebook
4.0 / 5 (127)
Zillow
5.0 / 5 (20)

(+1 additional source)

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
219 Paterson Avenue, Little Falls, NJ 07424
  • Refinance

Why choose this provider?

Walter Gorman is a senior loan officer for NJ Lenders Corp. who services the residents of the Paterson metro through residential financing solutions. He has been in the mortgage and loan business for over 15 years and is committed to guiding clients in all phases of the mortgage application process. Some of the loan programs his firm offers include FHA, conventional, VA, non-warrantable condo loans, and renovation loans. Walter has been recognized as a 5-star Mortgage Professional by the New Jersey Monthly Magazine.

License Verified:

License: 138370

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
Zillow
5.0 / 5 (179)
Google
5.0 / 5 (167)
Facebook
5.0 / 5 (30)

(+1 additional source)

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
535 Union Boulevard, Totowa, NJ 07512
  • Refinance

Why choose this provider?

North Capital Funding is a mortgage broker that has been serving the residents of Paterson and the rest of North Jersey for more than 23 years. It offers a wide variety of loan programs, which include conventional fixed-rate mortgages, adjustable-rate mortgages, FHA loans, and VA loans. It also provides reverse mortgages. Additionally, it offers refinancing options for outstanding mortgages. Founder and owner Bernadette Lindsay supports organizations such as the Paterson Rotary Club # 70 and Salvation Army.

License Verified:

License: 1567666

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
5.0 / 5 (51)

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
460 Bergen Boulevard, Palisades Park, NJ 07650
  • Refinance

Why choose this provider?

Prime Mortgage is a mortgage brokerage that serves residential and commercial clients throughout Paterson and the surrounding areas. Offering various loan products, the company provides financial solutions for clients looking to purchase homes or refinance their mortgages. The company has fixed-rate and adjustable-rate mortgages, cash-out and term refinancing, and no-closing-cost programs. Its team consists of mortgage loan officers with years of experience in the industry. Based in Palisades Park, Prime Mortgage also has an office in Texas.

License Verified:

License: 1477465

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 (81)
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

Website
219 Paterson Avenue, Little Falls, NJ 07424
  • Refinance

Why choose this provider?

NJ Lenders Corp. is a mortgage banker that is attending to the needs of Paterson and nearby towns since 1991. This privately-owned company offers various loan products such as a fixed-rate mortgage, adjustable-rate mortgage, FHA mortgage, non-warrantable condo financing, and first-time buyers. It even deals with refinancing aiming to provide benefits like lowering the mortgage rate, reducing loan term payment, converting an interest-only loan into fully amortized loans, and take cash out to consolidate the debt.

License Verified:

License: 35286

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
Zillow
5.0 / 5 (3265)
Yelp
3.0 / 5 (24)
Facebook
4.5 / 5 (8)

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

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.