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Best Mortgage Brokers in Cranston, RI

Our Recommended Top 3

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



3Top Picks

Learn about our selection process.


featured provider = Featured Provider

21 Trafford Park Dr, Coventry, RI 02816
WebsiteLicense: 1892952 Rating

Review Sources

5.0 (22)
5.0 (18)

Why choose this provider?

Jonathan Boukarim is a mortgage loan officer for Barrett Financial Group, LLC, who caters to clients throughout Cranston and the surrounding areas. He walks clients through the process of applying for a loan, whether they are refinancing or buying their first home. Loan products include conventional, FHA, jumbo, USDA, and VA loans. Also available are reverse mortgages for clients aged 62 and older. Boukarim has been described by his previous clients as attentive and responsive, even walking clients through the closing documents with the attorney.

  • Refinance

480 Hope St, Providence, RI 02906
WebsiteLicense: 1826 Rating

Review Sources

5.0 (13)
5.0 (9)
5.0 (4)

Why choose this provider?

Family Financial Group, Inc. is a mortgage broker serving both homebuyers and residential property owners in Cranston with lending and refinancing. It offers various loan options, such as the first-time home purchaser program with 100%+ financing. A home equity conversion mortgage is available, allowing the property to be sold in case the owner died or left the house. The company also provides monthly and annual adjustable-rate mortgages. Family Financial Group is licensed in Rhode Island, Vermont, and Massachusetts.

  • Refinance
  • New Construction

1460 Fall River Avenue, Seekonk, MA 02771
WebsiteLicense: 2421 Rating

Review Sources

4.3 (6)

Why choose this provider?

East Coast Financial is a mortgage broker serving home purchasers and residential property owners with financing options. The company assists borrowers in the Cranston community with the mortgage loan and refinancing process. It also provides online resources, such as current rates and interactive mortgage calculators. East Coast Financial is a family-operated and family-owned venture that has been operating in the industry for more than two decades. Its company motto emphasizes the importance of treating all clients as family members.

  • Refinance

Compare our Top Mortgage Brokers

NameExpertise RatingAddressPromotionsLearn more
Jonathan Boukarim
21 Trafford Park Dr, Coventry, RI 02816
Family Financial Group
480 Hope St, Providence, RI 02906
East Coast Financial
1460 Fall River Avenue, Seekonk, MA 02771


  • 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.