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Best Mortgage Brokers in Reading

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2023
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Abacus Regional Mortgage logo
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License Verified:

License: 113984

Nationwide Multistate Licensing System and Registry

Abacus Regional Mortgage

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100 W Main St 1st Floor, Bath, PA 18014
  • Refinance

Business Description

Since 1993, Abacus Regional Mortgage has been catering to commercial and residential property owners in Reading. The agency works with multiple lenders to provide a variety of traditional loan programs, such as conventional, USDA, VA, and adjustable rate mortgages for 5-, 10-, and 7-year terms. Its loan officers have helped more than 7,500 families in purchasing and refinancing their properties, including vacation rentals, condominiums, and mobile homes. One of the team members, Andrew Philip Williams, has been active in the mortgage industry for over 35 years.

License Verified:

License: 113984

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
Facebook
4.9 / 5 (49)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
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CM Mortgage Services, Inc. logo
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License Verified:

License: 143821

Nationwide Multistate Licensing System and Registry

CM Mortgage Services, Inc.

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1240 West Chester Pike, West Chester, PA 19382
  • Refinance
  • New Construction

Business Description

CM Mortgage Services, Inc., provides financial solutions to customers in Reading and nearby areas. It offers different mortgage loans, including conventional, jumbo, reverse, FHA, USDA, and VA. It works with first-time home buyers, dream home purchases, and those looking to consolidate debt and refinance an existing loan. It educates clients about the types of loans to help them make informed decisions. CM Mortgage Services is headed by J.R. Conway, who has been in the industry for over two decades.

License Verified:

License: 143821

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
Houwzer logo
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License Verified:

License: 1172936

Nationwide Multistate Licensing System and Registry

Houwzer

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1435 Walnut St 3rd Floor, Philadelphia, PA 19102
  • Refinance
  • New Construction

Business Description

Houwzer addresses the real estate needs of individuals, families, and investors in and around Reading. Its team offers a selection of mortgage solutions to help buyers obtain their preferred investment spaces. The company processes different mortgage programs, including USDA, VA, FHA, professional, and jumbo loans. It also assists sellers in promoting their home listings by posting available properties on Trulia, MLS, Zillow, and Realtor.com. Houwzer has been in the industry for more than five years.

License Verified:

License: 1172936

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
Google
4.8 / 5 (372)
Facebook
4.7 / 5 (175)
Zillow
5.0 / 5 (45)

(+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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
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Mortgage Lehigh Valley logo

License Verified:

License: 272043

Nationwide Multistate Licensing System and Registry

Mortgage Lehigh Valley

3261 Route 100, Suite 100, Macungie, PA 18062
  • Refinance

Business Description

Mortgage Lehigh Valley addresses the home lending concerns of its clients in Reading and the neighboring communities by providing them with different loan options. These include USDA, FHA, and VA loans. It helps individuals and families in mortgage planning and discusses various housing-related matters with them. Some of these include future home plans, ownership goals, and financial benefits. Mortgage Lehigh Valley's founder, Matthew K. Wieder, has more than 15 years of experience as a mortgage originator.

License Verified:

License: 272043

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 (74)
Facebook
5.0 / 5 (39)
Paradise Mortgage Brokers logo
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License Verified:

License: 1796044

Nationwide Multistate Licensing System and Registry

Paradise Mortgage Brokers

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2518 Christian St, Philadelphia, PA 19146
  • New Construction

Business Description

Paradise Mortgage Brokers implements strategies to ease the burdens of financing applications in Reading. Using digital technology and paperless procedures, the company assists in each stage of the home purchase or refinance planning process. Its team creates mortgage solutions for homebuyers who already found homes and guides clients searching for properties or researching loan programs. The team has closed over $122 million in loans. Owner Michelle Vaughn has been in the mortgage industry since 2001.

License Verified:

License: 1796044

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 (81)

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
Philadelphia Mortgage Brokers logo
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License Verified:

License: 1706247

Nationwide Multistate Licensing System and Registry

Philadelphia Mortgage Brokers

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1243 Valley Forge Rd, Phoenixville, PA 19460
  • Refinance
  • New Construction

Business Description

Philadelphia Mortgage Brokers assists borrowers in and around Reading to secure loans for their home purchase and refinancing requirements. The independent and locally owned brokerage offers a variety of home financing options and products, including VA, FHA, USDA, 203K, and jumbo loans. It also originates loans for HARP and reverse mortgages. Philadelphia Mortgage Brokers was founded in 2018 by Paul Carson and Evan Wade. Paul and Evan have 21 years of industry experience between them.

License Verified:

License: 1706247

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
4.8 / 5 (85)
Zillow
5.0 / 5 (12)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Prosper Mortgage Funding logo
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License Verified:

License: 450008

Nationwide Multistate Licensing System and Registry

Prosper Mortgage Funding

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32C E Roseville Rd, Lancaster, PA 17601
  • New Construction

Business Description

Prosper Mortgage Funding serves clients in Reading. The company provides individuals with different types of residential mortgages and more than 100 loan programs. It helps clients obtain 15- and 30-year fixed rates, adjustable rates, and balloon mortgages. VA, USDA, and jumbo loans are available. In addition, it informs clients about Freddie Mac and Fannie Mae products. Prosper Mortgage Funding's mortgage brokers assist clients in every step of the loan process, including prequalification, application, underwriting, and closing.

License Verified:

License: 450008

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 (80)

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
The Jeff Garber Team logo
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License Verified:

License: 142196

Nationwide Multistate Licensing System and Registry

The Jeff Garber Team

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54 East Oakland Ave, #310, Doylestown, PA 18901
  • Refinance

Business Description

The Jeff Garber Team is a mortgage brokerage firm that caters to clients in the greater Reading metro. It provides a selection of loan solutions to first-time home buyers, homeowners, and senior citizens who want to purchase a new house, get some cash out of their property, or refinance for a lower rate. The firm also offers loan programs to investors who are looking to buy real estate for investment purposes.

License Verified:

License: 142196

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 (67)
Zillow
5.0 / 5 (28)
Facebook
5.0 / 5 (26)

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
The Michael Mann Team logo
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License Verified:

License: 141529

Nationwide Multistate Licensing System and Registry

The Michael Mann Team

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3500 Winchester Road Suite 100, Allentown, PA 18106
  • Refinance
  • New Construction

Business Description

The Michael Mann Team serves the mortgage needs of Reading residents. It represents Fairway Independent Mortgage Corporation, which was founded in 1996. Its branch manager, Michael Mann, has been working in the home finance services industry for more than 15 years. He supports various groups, such as Habitat for Humanity and Disabled American Veterans. A former client shared how the team made her mortgage experience a great one by keeping her informed throughout the entire process.

License Verified:

License: 141529

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
Facebook
4.8 / 5 (85)
Google
4.8 / 5 (23)
Zillow
5.0 / 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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
The Rate Kings Mortgage LLC logo
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License Verified:

License: 205171

Nationwide Multistate Licensing System and Registry

The Rate Kings Mortgage LLC

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1101 Carroll Hill Drive, West Chester, PA 19382
  • Commercial Loans

Business Description

The Rate Kings Mortgage LLC works with families and individuals in the Reading area. It offers a selection of mortgage solutions to help buyers and investors acquire their dream investment spaces. The company processes fixed and adjustable loan programs tailored to borrowers' property needs. Its team also assists clients in developing strategies to lower their monthly payments and manage debt consolidation solutions. The agency's primary loan officer, Lonnie Cooper, has been in the industry since 1998.

License Verified:

License: 205171

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 (235)
Facebook
5.0 / 5 (31)
Yelp
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

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.