Expertise.com

Best Mortgage Brokers in Cheektowaga

2024

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls
Mortgage Brokers FAQs 〉

Providers

Last updated:

Website
27 North Long, Buffalo, NY 14221
  • Refinance

Why choose this provider?

Banas Mortgage Co., Ltd., offers a wide selection of loan programs for individuals and families throughout Cheektowaga and nearby areas. The firm maintains a vast network of varied lenders to provide clients with products that meet their specific needs and goals. Choices include conventional, VA, and FHA loans. The firm has physician loan programs for practicing and resident doctors and dentists with specific medical qualifications. Refinancing assistance is also offered to clients who wish to lower their monthly payments, cash out some equity, or restructure their obligations.

License Verified:

License: 46252

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.
4.5
Zillow
4.8 / 5 (26)
Google
4.1 / 5 (17)
Facebook
4.4 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
5586 Main Street, Williamsville, NY 14221
  • Refinance
  • New Construction

Why choose this provider?

Since 1991, Mainstream Funding Network, Inc., has been helping streamline the mortgage process through its personalized application-to-closing approach. It handles different types of credit for home equity, purchase, and refinance. Its team of experts provides various loan programs, such as commercial, debt consolidation, high debt-ratio, jumbo, and reverse mortgages. The company assists clients in Cheektowaga throughout the application process and provides same-day written pre-approval. Mainstream Funding Network also offers creative niche programs and relocation coordination services.

License Verified:

License: 77016

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
4.8 / 5 (49)
Facebook
5.0 / 5 (22)

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
500 Pearl Street Suite 830, Buffalo, NY 14202
  • Refinance
  • New Construction

Why choose this provider?

HAUS Capital Corporation is a mortgage broker that serves Cheektowaga and all of western and upstate New York. It processes various mortgages including conventional, investor, 203K, FHA, VA, and USDA loans. It also offers portfolio lending and a mortgage product specifically for physicians and residents. Started by Sam DiPiano in 2017, HAUS Capital Corporation's services extend to clients in Pennsylvania, Florida, and South Carolina. DiPiano, president and CEO, has been in the mortgage industry since the early 2000s.

License Verified:

License: 1549644

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
Zillow
5.0 / 5 (87)
Google
3.7 / 5 (15)
Facebook
5.0 / 5 (14)

(+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
4498 Main St #8, Amherst, NY 14226
  • Refinance
  • New Construction

Why choose this provider?

L.W. Integrity Funding, LLC, is a woman-owned and locally operated mortgage company that serves individuals and families in Cheektowaga and the rest of Western New York. It provides a variety of home purchase loans, including conventional, FHA, VA, and USDA loans. It also offers refinancing programs for first-time home buyers. The company's team assists clients in every step of the loan process, from origination to closing. L.W. Integrity Funding has been in operation for more than 16 years.

License Verified:

License: 12021

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

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.