Expertise.com

2024

Last updated:

Best Mortgage Brokers in New Rochelle, NY

Our Recommended Top 12

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

31Reviewed

23Curated

12Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

901 N Broadway, Ste 21, White Plains, NY 10603
WebsiteLicense: 49092

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

ABC 123 Mortgage is a full-service company that caters to individual homebuyers and real estate professionals in and around New Rochelle. Its team offers expertise in every area of mortgage lending, from purchase to refinance. The agency helps clients find loans with good rates and terms suited to their unique needs. It also provides regular loan updates and progress reports throughout the lending process. ABC 123 Mortgage offers Conventional, Fannie Mae, Freddie Mac, FHA, VA & USDA mortgage loans.

  • Refinance

700 White Plains Road, Suite 334, Scarsdale, NY 10583
WebsiteLicense: 991388

Expertise.com Rating

Review Sources

Zillow
5.0 (159)
Google
4.8 (60)
Facebook
5.0 (15)

Why choose this provider?

Cityscape Mortgage Corp. is a full-service firm that offers comprehensive mortgage solutions to clients in New Rochelle and nearby areas. It has access to a vast network of loan partners and assists clients with purchasing their first houses and refinancing to get new, lower monthly payments. The firm's consultants, averaging more than a decade of experience in the mortgage industry, offer a variety of loan programs, including FHA, VA, jumbo, and conventional loans. Special programs are available for active members of the police force.

  • Refinance

142 Willis Avenue, Mineola, NY 11501
WebsiteLicense: 69307

Expertise.com Rating

Review Sources

Facebook
4.9 (45)
Google
4.8 (38)

Why choose this provider?

Patriot One Mortgage Bankers LLC provides financial solutions to clients in New Rochelle. The company's mortgage brokers handle loan applications and keep borrowers well-informed to make the right decisions based on their present and future financial situations. They offer conventional mortgage loans for first-time homeowners with good credit scores and low debt-to-income ratios. Additional programs are VA, interest-only, balloon mortgage, and hybrid ARMs. Founder and mortgage specialist Susan Khani has been in the industry for over 35 years.

  • Refinance

1890 Palmer Ave Suite 302, Larchmont, NY 10538
WebsiteLicense: 876527

Expertise.com Rating

Why choose this provider?

Scott Capital Group provides mortgage solutions to help clients in New Rochelle achieve their homeownership and refinancing goals. It connects borrowers with financial institutions that offer various mortgage options, such as construction, home equity, and jumbo, as well as government loans like VA and FHA. The brokerage guides clients throughout the mortgage process, which includes a pre-qualification stage where lenders assess borrowers' ability and willingness to repay the loans. It also provides a mortgage calculator to help clients project their potential expenses.

  • Reverse Mortgages
  • Refinance

3601 Hempstead Turnpike, Suite 300, Levittown, NY 11756
WebsiteLicense: 7230

Expertise.com Rating

Review Sources

Zillow
5.0 (1479)
Facebook
4.7 (91)
Yelp
3.5 (24)

Why choose this provider?

UNMB Home Loans Inc. is a mortgage banker that has been serving clients' homeownership dreams since 1979. It creates mortgage programs for self-employed borrowers, senior homeowners, and first-time home buyers. It deploys no downpayment options, second-home loans, and Community Heroes programs. Its assists clients with refinancing plans and renovation goals. The company serves the New Rochelle community and gives back by supporting the American Cancer Society. It is also licensed in New Jersey, Connecticut, and Philadelphia.

  • New Construction
  • Refinance

81 Centre Avenue Suite 214, New Rochelle, NY 10801
WebsiteLicense: 17515

Expertise.com Rating

Review Sources

Google
4.9 (95)

Why choose this provider?

Certus Capital LLC is a group of mortgage professionals serving New Rochelle and surrounding communities. They cater to the mortgage needs of residential and commercial borrowers. They offer a wide range of loan programs, such as new home purchase, first-time homebuyer, and vacation home loans. The team also provides VA, cash-out, and business loans. Certus Capital seeks to help borrowers make informed decisions by giving self-help tools on its website, including the rent vs. own and debt consolidation calculators.

  • New Construction

11 Grace Avenue, Suite 408, Great Neck, NY 11021
WebsiteLicense: 12147

Expertise.com Rating

Review Sources

Google
5.0 (165)
Zillow
5.0 (134)

Why choose this provider?

Silver Fin Capital caters to home buyers and owners throughout New Rochelle and the neighboring cities. The company handles a wide range of mortgage loan programs, including fixed- and adjustable-rate, jumbo, reverse, FHA, and VA. Its team assists clients in obtaining home improvement loans to remodel their homes, consolidate their debts, and take cash from their equity. Silver Fin Capital has been in the industry since 2005. It extends its services to Connecticut, New Jersey, and Florida.

  • Refinance
  • New Construction

70 Charles Lindbergh Blvd. Suite 200, Uniondale, NY 11553
WebsiteLicense: 65328

Expertise.com Rating

Review Sources

Google
4.7 (132)
Facebook
4.5 (55)
Zillow
5.0 (3)

Why choose this provider?

Cliffco Mortgage Bankers is a fully delegated institution offering comprehensive financial options to people in New Rochelle. Its representatives render mortgage services that involve consultation, facilitation, and underwriting. They work with borrowers from different financial backgrounds, credit rankings, and income brackets. Additionally, the staff members design custom programs for first-time or self-employed homebuyers, veterans and service members, and clients planning to refinance. The company has been serving the community's homeownership needs for over 30 years. It gives back to the local community through its Heroes Program.

81 Centre Avenue Suite 214, New Rochelle, NY 10801
WebsiteLicense: 201890

Expertise.com Rating

Why choose this provider?

Mortgage Mike provides a number of loan options to homeowners and buyers in New Rochelle. Led by credit repair specialist Michael D. Mulqueen Jr., the company offers a number of mortgage loan programs like VA, FHA, USDA, jumbo, fixed rate, and adjustable rate mortgages. Additionally, its team assists borrowers with other options like HomeReady, Home Possible, and HARP. Other services include home purchase services for single-family, multi-family, condos, and townhouses. Mortgage Mike is licensed in five states.

  • Refinance

500 Mamaroneck Ave Suite 320, Harrison, NY 10528
WebsiteLicense: 34927

Expertise.com Rating

Review Sources

Google
5.0 (1)
Facebook
5.0 (1)

Why choose this provider?

Circle Mortgage Corporation is a brokerage that assists New Rochelle residents in finding loan products. Since 1996, it has been offering Freddie Mac, Fannie, Mae, and government-backed programs, such as VA, FHA, and HARP, from third-party institutions. Fixed-rate and adjustable-rate, hybrid, bank statement, and FNMA loans are available. The boutique firm also matches lenders with clients looking to acquire multi-family homes, condos, or co-op properties. Circle Mortgage Corporation is owned by real estate speaker and “The New Rules for Mortgages” author Dale Siegel.

  • Refinance
  • New Construction

174 E Boston Post Road Unit Lower Level East, Mamaroneck, NY 10543
WebsiteLicense: 1564

Expertise.com Rating

Review Sources

Google
5.0 (209)
Yelp
4.0 (10)

Why choose this provider?

Equity Now is a direct lender that serves New Rochelle borrowers. It provides a variety of options for home buyers and homeowners looking to refinance. The company handles a wide range of services as a direct lender, which includes evaluating applications, reviewing proposals, and approving loans. Equity Now has been in business for 37 years and is licensed to operate in New York, New Jersey, Connecticut, Pennsylvania, and Florida. It is also an FHA and VA-approved seller, as well as a Freddie Mac and Franni Mae servicer.

  • Refinance
  • New Construction

333 Sylvan Ave #310, Englewood Cliffs, NJ 07632
WebsiteLicense: 197519

Expertise.com Rating

Why choose this provider?

Time Mortgage serves the people of New Rochelle. It is a mortgage broker located in Englewood Cliffs that caters to clients who want to secure home purchases or refinance loans. It offers a variety of loan programs, such as fixed-rate, adjustable-rate, interest-only, and foreign national mortgages. Its mortgage specialists help borrowers choose the right loan program and address their concerns even after closing. The founder of Time Mortgage has been in the commercial and residential mortgage business since 1998.

  • New Construction

Compare our Top Mortgage Brokers

NameExpertise RatingAddressPromotionsLearn more
ABC 123 Mortgage
901 N Broadway, Ste 21, White Plains, NY 10603
Cityscape Mortgage Corp.
700 White Plains Road, Suite 334, Scarsdale, NY 10583
Patriot One Mortgage Bankers LLC
142 Willis Avenue, Mineola, NY 11501
Scott Capital Group
1890 Palmer Ave Suite 302, Larchmont, NY 10538
UNMB Home Loans Inc.
3601 Hempstead Turnpike, Suite 300, Levittown, NY 11756
Certus Capital LLC
81 Centre Avenue Suite 214, New Rochelle, NY 10801
Silver Fin Capital
11 Grace Avenue, Suite 408, Great Neck, NY 11021
Cliffco Mortgage Bankers
70 Charles Lindbergh Blvd. Suite 200, Uniondale, NY 11553
Mortgage Mike
81 Centre Avenue Suite 214, New Rochelle, NY 10801
Circle Mortgage Corporation
500 Mamaroneck Ave Suite 320, Harrison, NY 10528
Equity Now
174 E Boston Post Road Unit Lower Level East, Mamaroneck, NY 10543
Time Mortgage
333 Sylvan Ave #310, Englewood Cliffs, NJ 07632

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.