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Best Mortgage Brokers in Memphis

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2860 Bartlett Road, Bartlett, TN 38134
Bartlett, TN 38134
  • Refinance

Hometown Capital Group assists the residents of Memphis with obtaining appropriate home loans. Its mortgage brokers provide access to a variety of purchase loan programs, including jumbo, USDA, conventional, and FHA loans, with options for fixed or adjustable-rate mortgages. They also help clients determine whether refinancing suits their needs and offer different refinancing programs, such as HARP, FHA streamline, and VA cash-out types. In addition, Hometown Capital Group provides support throughout the mortgage process, helping borrowers overcome roadblocks to securing loans.

2860 Bartlett Road, Bartlett, TN 38134
Bartlett, TN 38134

Website(901) 277-8124

Show Number

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.

Online Profiles:

1 (Good)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

29 (Best)

Score Consistency:

Consistent (Best)

142 Timber Creek Drive, Memphis, TN 38018
Memphis, TN 38018
  • New Construction

Kevin Ruby is a local mortgage specialist that helps Memphis clients navigate the home purchase loan process. Working under the Community Mortgage team, Ruby particularly collaborates with real estate agents to arrange loan documents and contact property inspectors while handling FHA and VA loans. Additionally, he works alongside a team of in-house underwriters in order to lessen the processing time. Serving as the executive vice president, Ruby has been helping borrowers for more than 25 years.

142 Timber Creek Drive, Memphis, TN 38018
Memphis, TN 38018

Website(901) 759-4394

Show Number

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.

Online Profiles:

2 (Better)

Average Review Score:

4.6 / 5 ( Best)

Total Reviews:

27 (Best)

Score Consistency:

Consistent (Best)

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.

Responsiveness: A+

Friendliness: A+

Helpfulness: A+

Detail: A+

Frequently Asked Questions:

Q: Do mortgage brokers need to be licensed?
A: Yes, all mortgage brokers need to be licensed. Individuals need to complete a 20-hour class that goes over state and federal laws for mortgages and other important information. Next, individuals take the official test with the National Mortgage Licensure System.
Q: Is it difficult to pass the mortgage brokers’ test?
A: Upon completion of educational requirements, you must pass the mortgage broker test to receive your license. It's a two-part test called the Safe Mortgage Loan Originator Exam, and it can be a bit challenging. Out of almost 87,600 national test-takers, 57% passed on their first attempt. The test includes both a state and national portion and requires a minimum score of 75% to pass.
Q: What is a surety bond for mortgage brokers?
A: A surety bond is a legal contract that binds three parties — the obligee, the principal, and the surety. Surety bonds are typically required to receive a license for operating as a mortgage broker. When a mortgage broker gets a surety bond, it's a legal guarantee they'll perform their obligations to their customers as required by law.

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