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Best Mortgage Brokers in Scranton

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2023
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AM Mortgage Brokers, Inc. logo
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License Verified:

License: 145272

Nationwide Multistate Licensing System and Registry

AM Mortgage Brokers, Inc.

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132 S. Main Ave., Taylor, PA 18517
  • New Construction

Business Description

AM Mortgage Brokers, Inc., offers customized financial plans to individuals and families throughout the Scranton metro. The agency has a collection of government programs, along with FHA and USDA choices, that provide first-time homebuyers with tailored financial coverage for their property purchases. Its team also guides prospective applicants in refinancing their existing mortgages to reduce their interest rates and pay their outstanding debts. Its consultations provide clients with first-hand insight into relevant factors like local rates, marketing conditions, and real estate values.

License Verified:

License: 145272

Nationwide Multistate Licensing System and Registry

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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Benchmark logo

License Verified:

License: 1536991

Nationwide Multistate Licensing System and Registry

Benchmark

1627 North Church Street, Hazle Township, PA 18239
  • Refinance
  • New Construction

Business Description

Benchmark is a mortgage brokerage firm that caters to the people of Scranton and nearby areas. It helps clients secure residential properties by providing personalized services performed by mortgage professionals. It carries over 250 unique programs, which include VA loans for military veterans. The company has been assisting customers in the metro for over 20 years. In 2004 and 2008, Benchmark was recognized as one of the fastest-growing companies in the country by The Inc. 5000.

License Verified:

License: 1536991

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 (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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
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Detailed Mortgage Solutions logo

License Verified:

License: 1769900

Nationwide Multistate Licensing System and Registry

Detailed Mortgage Solutions

250 Josephine Street, Peckville, PA 18452
  • Refinance

Business Description

Detailed Mortgage Solutions caters to the homeownership goals of the people in Scranton. It assists homebuyers in shopping for loan options, comparing rates, and evaluating their financial situation. Its loan originators guide clients in navigating changing mortgage programs and market conditions. To support clients with the decision-making process, the company provides online resources such as educational tools, calculators, and a pre-approval letter generator. Detailed Mortgage Solutions also serves Florida and is a member of AIME.

License Verified:

License: 1769900

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 (53)
Google
5.0 / 5 (37)

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
––
Eric J. McCabe logo

License Verified:

License: 139699

Nationwide Multistate Licensing System and Registry

Eric J. McCabe

672 S. River Street, Suite 310, Plains, PA 18705
  • Commercial Loans

Business Description

Eric J. McCabe helps with the mortgage needs of individuals and families in Scranton. He works as a branch manager and loan officer for Benchmark Mortgage, providing clients with a variety of options, including FHA, USDA, VA, and home equity loans. He also offers commercial and construction loans. He and his team have more than 300 years of collective experience in the mortgage industry. McCabe is a former president of the Mortgage Bankers Association of NEPA.

License Verified:

License: 139699

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 (258)
Facebook
4.7 / 5 (38)

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
H&R Mortgage LLC logo
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License Verified:

License: 2339831

Nationwide Multistate Licensing System and Registry

H&R Mortgage LLC

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1005 Main St, Pecville, PA 18452
  • Refinance

Business Description

H&R Mortgage LLC is a veteran-owned and locally operated brokerage firm that serves individuals and families in Scranton and the surrounding areas. It assists with loans that are popular with first-time home buyers, such as 30-year fixed rate, FHA, and VA Loans. It also offers USDA loans for those looking to purchase pasture and farmland homes. In addition, it provides financing assistance for vacation and investment properties. Broker-Owner Lou Rose has more than a decade of mortgage experience.

License Verified:

License: 2339831

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
4.9 / 5 (40)

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
Hemisphere Home Loans logo
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License Verified:

License: 112504

Nationwide Multistate Licensing System and Registry

Hemisphere Home Loans

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421 Northern Blvd, Clarks Summit, PA 18411
  • Refinance

Business Description

Hemisphere Home Loans serves clients in Scranton who need mortgage brokers. The company delivers conventional loan products with fixed or adjustable rates, alternative programs tailored to self-employed debtors, and options fit for home builders and renovators. Government choices are available for buyers of agricultural properties and members of the armed forces. Hemisphere Home Loans has been active since 1999, while company president Steve Stalter has been in the lending sector for more than 25 years.

License Verified:

License: 112504

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 (23)

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
Invicta Mortgage Group Inc. logo
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License Verified:

License: 111947

Nationwide Multistate Licensing System and Registry

Invicta Mortgage Group Inc.

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230 Prospect Ave, Scranton, PA 18505
  • Refinance
  • Reverse Mortgages

Business Description

Invicta Mortgage Group Inc. handles the specific funding needs of property buyers in Scranton and guides them through the loan application process. It offers government-backed loan options such as HARP, 203k renovation purchase or refinance, rural mortgage, VA, and FHA purchase and refinance. It also carries options for specific needs, including a HomePath mortgage exclusively for Fannie Mae-owned properties and a HomeStyle renovation mortgage that can be used to install and repair luxury home items.

License Verified:

License: 111947

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 (2)
Zillow
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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
John E. Young Mortgage LLC logo
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License Verified:

License: 899962

Nationwide Multistate Licensing System and Registry

John E. Young Mortgage LLC

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214 Sahara Dr, Kingston, PA 18704
  • Refinance

Business Description

John E. Young Mortgage LLC is a Kingston-based firm that serves clients in Scranton and the surrounding areas. It offers FHA, VA, USDA, 203k, and jumbo loans. It helps clients own single-family and multi-family homes, townhouses, or condominium units. The agency also customizes home equity and cash-out refinance loans and debt consolidation options. Its owner, John E. Young, is a mortgage broker who has over two decades of experience in the industry. He is also licensed in Florida.

License Verified:

License: 899962

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 (36)
Facebook
5.0 / 5 (32)
Zillow
5.0 / 5 (14)

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
Kapital Mortgage logo

License Verified:

License: 972944

Nationwide Multistate Licensing System and Registry

Kapital Mortgage

329 Penn Avenue, Suite 200, Scranton, PA 18503
  • Refinance

Business Description

Kapital Mortgage is an independently owned and operated brokerage firm that serves individuals and families in Scranton and the surrounding areas. It provides a variety of conventional loan options, including traditional fixed-rate, adjustable-rate, and hybrid ARM mortgages. It also offers government financing programs, such as FHA, VA, and USDA loans. In addition, the firm assists self-employed borrowers and those looking to purchase vacation homes or investment properties. Its loan process includes pre-qualification, application, loan processing, and closing.

License Verified:

License: 972944

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
4.9 / 5 (39)
Facebook
4.8 / 5 (13)
Zillow
4.4 / 5 (7)

(+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
Mid Atlantic Funding logo
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License Verified:

License: 116796

Nationwide Multistate Licensing System and Registry

Mid Atlantic Funding

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203 E Drinker St #2nd,, Dunmore, PA 18512
  • Refinance

Business Description

Mid Atlantic Funding is a mortgage brokerage venture that serves Scranton clients who want to buy their first homes, seek refinancing, or invest in property ownership. The company offers a 30-year fixed-rate mortgage with a constant interest rate and monthly payments for families and individuals who want to stay in their homes for seven years or more. In addition, it provides a 15-year fixed-rate loan term with full amortization and the same amount of monthly dues. The Mid Atlantic Funding comprises a team of loan processors and originators.

License Verified:

License: 116796

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 (33)
Facebook
4.7 / 5 (29)
Zillow
4.8 / 5 (25)

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
Net Equity Financial logo

License Verified:

License: 2319706

Nationwide Multistate Licensing System and Registry

Net Equity Financial

2267 Langhorne-Yardley Road, Scranton, PA 19047
  • Refinance
  • New Construction

Business Description

Net Equity Financial is a mortgage brokerage agency that serves borrowers, lender partners, and real estate agents in the Scranton area. It offers multiple conventional loan programs, including Elite High Balance, Pay Advantage Preferred, Split 50 and Split 100, Flex Term, and HomeReady. It also provides FHA, VA, and jumbo loans. Additionally, the agency assists with mortgage refinancing. Net Equity Financial was established in 2005 by husband-and-wife-duo Mike and Jill Kohler. Mike has been in the mortgage and real estate industry for over 17 years.

License Verified:

License: 2319706

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 (36)
Facebook
5.0 / 5 (13)
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

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.