Expertise.com

Best Mortgage Brokers in Syracuse

2024

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Providers

Last updated:

Website
5701 Enterprise Parkway, East Syracuse, NY 13057
  • Refinance

Why choose this provider?

Pete Caspari is a loan officer at Movement Mortgage. He offers several mortgage loan programs to clients in Syracuse, including FHA, conventional, condo, cash-out refinance, high balance, and jumbo. He also assists individuals looking for HomeReady, new construction, USDA, streamline refinance, and VA loan programs. Additionally, he caters to individuals ages 62 and older who want to apply for reverse mortgage loans. Caspari also helps in completing pre-approval requests and comparisons of mortgage interests and terms.

License Verified:

License: 279092

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 (12)
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
5000 Campuswood Drive, East Syracuse, NY 13057
  • Refinance

Why choose this provider?

Premium Mortgage Corporation is a home loan specialist with offices across New York State. Whether clients are purchasing or refinancing, its team guides them along the loan process, including in-house underwriting and processing. The company also offers credit counseling services. Premium Mortgage Corporation has won numerous awards, including #1 Mortgage Lender by Rochester Business Journal. Donna Maxwell, the firm's Syracuse branch manager, has been working in the lending industry for over two decades.

License Verified:

License: 66487

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 (167)

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
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Website
2572 Erie Boulevard East, Syracuse, NY 13224
  • New Construction
  • Refinance

Why choose this provider?

Founded in 1994, Approved Credit Services, Inc. is a mortgage broker specializing in the manufactured home finance business. Serving the community of Syracuse, its team of professional loan brokers assists homebuyers in understanding their financial situation regardless of their previous financial problems. The company offers comprehensive loan programs for manufactured homes in manufactured home communities, private properties, or owned lands. Approved Credit Services, Inc. is licensed to operate in Ohio, South Carolina, and Virginia.

License Verified:

License: 9604

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 (124)
Zillow
5.0 / 5 (4)
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

Website
6333 New York 298, East Syracuse, NY 13057
  • Refinance
  • Multi-Family Loans

Why choose this provider?

Homestead Funding Corp. in East Syracuse is a mortgage broker that provides mortgage financing solutions to clients in the metro and nearby communities. The company has been operating since 2005 and has helped thousands of clients finance their residential properties and refinance their mortgages. The company offers conventional and government loan programs together with its own formulated HomeStyle Renovation and HomeReady loans. It also offers bond programs such as CHFA, Florida Housing, and SONYMA.

License Verified:

License: 3232

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
Zillow
5.0 / 5 (11)
Google
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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
200 Salina Meadows Parkway, Syracuse, NY 13212
  • New Construction
  • Refinance

Why choose this provider?

Sefcu Mortgage Services is a business that delivers a wide range of mortgage products for customers in Syracuse and nearby communities. The different loan programs available are FHA, conventional, USDA, VA, Jumbo, and Homebuyer Dream Program. One of the company's mortgage loan originators, Alexandra Agnos, started dealing with mortgages and managing escrow accounts about a decade ago. She is equipped with product knowledge and has experience with refinances, investment properties, and starter home purchases.

License Verified:

License: 309847

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.
2.1
Facebook
2.0 / 5 (251)
Google
4.0 / 5 (12)
Yelp
4.0 / 5 (3)

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
225 Greenfield Parkway, Liverpool, NY 13088
  • Refinance

Why choose this provider?

Paragon Home Loans is a mortgage banker that has been assisting clients in achieving their dream home, through its residential mortgage services since 1976. It serves the communities of Syracuse and other cities in New York. It helps with a wide range of loan options such as USDA, FHA, VA, as well as HomeReady loans. Paragon Home Loans has partnered with several lenders to help clients craft a personalized program that matches their unique needs.

License Verified:

License: 33052

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 (112)
Facebook
5.0 / 5 (3)
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.
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.