Expertise.com

2024

Last updated:

Best Mortgage Brokers in Amarillo

Our Recommended Top 7

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

55Reviewed

35Curated

7Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
3440 Bell Street, Amarillo, TX 79109
  • Refinance

Why choose this provider?

PrimeLending is a mortgage brokers' company serving the Amarillo metro and the surrounding communities. The company provides a wide variety of lending options for both first-time homebuyers and experienced investors who are looking to purchase more properties in their areas. PrimeLending offers conventional mortgage loans, first-time buyers' loans, FHA loans, VA loans, and USDA loans. It also provides clients with guidance on renovation and escrow, condominiums, bonds, manufactured homes, jumbo loans, and the good neighbor next door program.

License Verified:

License: 13649

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 (77)

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
7619 Hillside Road, Amarillo, TX 79119
  • Refinance

Why choose this provider?

Brenda Bennet is a mortgage broker and the branch manager of AMC Mortgage-Amarillo. She has nearly 20 years of experience helping clients in their mortgage loans transactions focusing on home purchases for first homes and forever homes. Clients described her as someone pleasant and efficient, who keeps them updated with the progress of the home loan transactions. Her expertise and depth of knowledge from being in the industry for more than a decade has earned her referrals and repeat clients.

License Verified:

License: 265640

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 (74)
Google
4.0 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
7120 Interstate 40, Amarillo, TX 79106
  • Refinance

Why choose this provider?

Providence Home Loans is a mortgage lending company that strives to lessen the strain of owning a residential property with its services. It helps the residents in the Amarillo metro and the nearby cities in refinancing and purchasing their dream homes. The firm offers a wide range of residential loan programs such as FHA, VA, USDA, as well as conventional. Shawn Tucker, its division vice president, has an extensive background in the mortgage business.

License Verified:

License: 1933056

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.
4.1
Google
4.0 / 5 (86)
Facebook
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

Website
4501 First United Bank Parkway, Amarillo, TX 79119
  • Multi-Family Loans

Why choose this provider?

Spirit Mortgage, founded in 1907, carries home loan products and services across Amarillo. The company refinances mortgages, helps cash out home equities for purchases, and assists with the buying process. It also handles construction loan needs from the purchase of lots to the building works. Julie Parsons, loan officer, is a Borger native who currently lives in the Amarillo area. She has joined the company in 2018 and she's dedicated to helping military veterans find homes.

License Verified:

License: 479447

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 (10)
Facebook
4.0 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
3505 Olsen Boulevard, Amarillo, TX 79109
  • Refinance

Why choose this provider?

April Phifer of Verity Mortgage provides financing options for home buyers and owners in Amarillo. She assists clients throughout the process, whether they are looking into refinancing outstanding loans, purchasing new homes, or renovating existing ones. Included in the loan programs she offers are conventional, non-conforming jumbo, and government mortgages such as VA, USDA, and FHA. Furthermore, she offers a homestyle renovation program that can cover kitchen and bathroom remodels along with landscaping and exterior upgrades.

License Verified:

License: 1475094

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.
3.0
Facebook
3.0 / 5 (7)

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
3101 Hobbs Road, Amarillo, TX 79109
  • Reverse Mortgages

Why choose this provider?

Athlan Mortgage is headed by Phillis Jackson, a reverse mortgage professional based in Amarillo. She specializes in educating seniors and helping them secure reverse mortgages, whether to pay off outstanding mortgages, turn home equity into cash, or relocate with HECM loans. She has been working as a reverse mortgage specialist for 20 years. In addition to being a mortgage professional, Phillis is a certified CE instructor for real estate agents and financial planners. Athlan Mortgage operates as an affiliate of Open Mortgage, a multi-channel mortgage lender headquartered in Austin.

License Verified:

License: 2975

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 (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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
7120 Interstate 40, Amarillo, TX 79106
  • Refinance

Why choose this provider?

Jamie Roberson is a loan originator from Gold Financial Services who services residents in Amarillo and the surrounding cities. He has extensive experience in the mortgage business and helps families in purchasing a new home or refinancing existing loans. Together with his team, Jamie offers various programs such as USDA, VA, FHA, and conventional loans. Gold Financial Services is an equal housing lender that has been offering residential mortgage programs since 1998.

License Verified:

License: 1825638

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 (10)
Facebook
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

FAQs

  • 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.