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Best Mortgage Brokers in Cypress

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9999 Bellaire Boulevard, Houston, TX 77036
Houston, TX 77036
  • Refinance

AmCap Home Loans is a mortgage firm that serves Cypress and the surrounding areas. Under the leadership Jeffrey Caballero, who has over three decades of industry experience, it helps clients secure mortgage solutions that fit their unique needs. The firm's team of mortgage professionals offers various loan program options such as FHA loans, VA loans, jumbo loans, and USDA loans for clients who are looking into buying their first home, refinancing their current mortgage, or consolidating their debts.

9999 Bellaire Boulevard, Houston, TX 77036
Houston, TX 77036

Website(800) 919-9101

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:

4.3 / 5 ( Best)

Total Reviews:

33 (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+

15705 Jarvis Road, Cypress, TX 77429
Cypress, TX 77429
  • New Construction

Cypress Mortgage is a mortgage brokerage firm that has been providing the Cypress area with quality financial services. Some of the services it offers include FHA, jumbo, VA, and conventional loans. Cypress Mortgage mainly assists clients who are first-time homebuyers, as well as those who are looking into purchasing their dream homes or investment properties. The professionals also help find the right loan program for clients who need to refinance an outstanding loan or consolidate existing debts.

15705 Jarvis Road, Cypress, TX 77429
Cypress, TX 77429

Website(713) 854-4270

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:

3 (Best)

Average Review Score:

4.9 / 5 ( Best)

Total Reviews:

34 (Best)

Score Consistency:

Variable (Good)

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+

16718 House & Hahl Road, Cypress, TX 77433
Cypress, TX 77433
  • Refinance

Cypress Mortgage Pro. handles the needs of homebuyers and homeowners in Cypress. The broker provides a wide range of mortgage loan options for first-time homebuyers and those who are looking to refinance their outstanding loans or consolidate their debts. These options include federal housing administration mortgages, conventional fixed-rate mortgages, VA loans, and renovation loans. It also offers clients jumbo mortgages, USDA loans, cash-out home loans, and investment property loans. Jennifer No, the company's mortgage loan originator, previously worked in the real estate industry.

16718 House & Hahl Road, Cypress, TX 77433
Cypress, TX 77433

Website(832) 220-1480

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:

47 (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: --

14030 Telge Road, Cypress, TX 77429
Cypress, TX 77429
  • Refinance

Encompass Lending Group is a mortgage brokerage firm that serves Cypress and the surrounding communities. It offers various loan programs, including fixed-rate and adjustable-rate mortgages, conventional loans, jumbo loans, and government-insured programs such as FHA, VA, and USDA rural development. Clients looking to refinance to lower their monthly payments, get a better interest rate, or pay off their debts more quickly can take advantage of refinancing options offered by the company as well.

14030 Telge Road, Cypress, TX 77429
Cypress, TX 77429

Website(281) 693-5363

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:

3 (Best)

Average Review Score:

4.6 / 5 ( Best)

Total Reviews:

47 (Best)

Score Consistency:

Consistent (Best)

15855 Mueschke Road, Cypress, TX 77433
Cypress, TX 77433
  • Commercial Loans
  • Multi-Family Loans

Gold Financial Services is a mortgage banker that serves clients in Cypress. Branch manager Rick Bevard specializes in conventional, FHA, VA, and USDA loans. The company combines its mortgage industry experience with modern online technology to deliver mortgage loan options that suit the homeownership goals of its clients. A division of AmCap Mortgage, Ltd., Gold Financial Services was established in San Antonio in 1998. One client talks about how Rick is always available to respond to his inquiries.

15855 Mueschke Road, Cypress, TX 77433
Cypress, TX 77433

Website(281) 450-3950

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:

5 / 5 ( Best)

Total Reviews:

18 (Better)

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+

480 Wildwood Forest Drive, Spring, TX 77380
Spring, TX 77380
Instagram
  • Refinance
  • Reverse Mortgages

Jennifer Kutac is a senior loan officer at CMG Financial who serves clients in Cypress. She offers a wide range of mortgage loan options for homeowners and homebuyers, including conventional, FHA, VA, USDA, jumbo, and HomeFundIt loans. Jennifer's 20 years of experience in the mortgage industry have made her knowledgeable of the home financing programs that may suit the needs of her clients. CMG Financial supports several non-profit organizations, such as the Gary Sinise Foundation and the Cancer Support Community

480 Wildwood Forest Drive, Spring, TX 77380
Spring, TX 77380

InstagramWebsite(281) 687-1877

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:

5 / 5 ( Best)

Total Reviews:

7 (Good)

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+

9601 Jones Road, Houston, TX 77065
Houston, TX 77065
  • Refinance

Member Home Loan is a mortgage lending firm established in 2005. It serves individual homebuyers, real estate agents, builders, and credit union members in Cypress with their purchase, upgrading, and refinancing needs. Available mortgage products include cash-out refinance, VA, FHA, renovation, bank statement programs, and 100% financing. Member Home Loan is a credit union-owned company with state licenses in Illinois, Missouri, Louisiana, Ohio, New Mexico, Oklahoma, and Texas. It also delivers unconventional portfolio products to serve the unique requirements of every client.

9601 Jones Road, Houston, TX 77065
Houston, TX 77065

Website(866) 520-4702

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:

4 / 5 ( Best)

Total Reviews:

55 (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: B+

Detail: --

8900 Eastloch Dr 140, Spring, TX 77379
Spring, TX 77379
  • Refinance

Morton Mortgage, Inc., is a mortgage broker serving clients in Cypress and nearby areas. With over 50 years of combined experience, the firm helps residential customers find loan options that meet their mortgage and refinancing needs. Its loan programs include adjustable-rate, jumbo, conventional fixed-rate, FHA, and VA. In addition, its loan officers walk the client through the whole loan process. Its owner Renee Morton is a Director of Programs & Arrangements for The National Association of Professional Mortgage Women.

8900 Eastloch Dr 140, Spring, TX 77379
Spring, TX 77379

Website(832) 912-4096

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:

83 (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+

12841 Jones Road, Houston, TX 77070
Houston, TX 77070
Instagram
  • New Construction
  • Refinance

Next Step Home Loans, LLC, is a Houston-based mortgage broker that serves clients in Cypress. It offers several mortgage loan options for homebuyers and homeowners, including fixed-rate, adjustable-rate, jumbo, FHA, VA, and USDA home loans. The company also works with mortgage wholesale lenders to provide rates and loan programs that suit the needs of its clients and referral partners. To educate the public on mortgage loans, it provides training for the sales personnel of real estate brokers, builders, and title companies.

12841 Jones Road, Houston, TX 77070
Houston, TX 77070

InstagramWebsite(832) 504-9014

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:

3 (Best)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

41 (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+

12258 Queenston Boulevard, Houston, TX 77095
Houston, TX 77095
  • Refinance

Paramount Residential Mortgage Group, Inc., is a technology-based mortgage brokerage that serves clients in the Cypress area. It works with direct lenders, such as Fannie Mae & Freddie Mac and Ginnie Mae, to help customers find the loan policies that meet their mortgage and refinancing needs. Its loan packages include USDA, VA, FHA, and jumbo. The company has been in the industry for over 10 years. It established PRMG Cares, a nonprofit organization, to give back to the local community.

12258 Queenston Boulevard, Houston, TX 77095
Houston, TX 77095

Website(713) 255-9630

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:

4 / 5 ( Best)

Total Reviews:

15 (Better)

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+

418 West 19th Street, Houston, TX 77008
Houston, TX 77008
  • New Construction
  • Refinance

Established in 2008, Preferred Home Lending is a full-service mortgage lending company that serves clients in Cypress and the surrounding areas. Its mortgage professionals assist clients by providing financial solutions that meet their financing needs. They offer loan options such as conforming, FHA, VA, jumbo, and rental loans, as well as terms in adjustable-rate and fixed-rate options. Other services include one-time close construction, self-employed, and RHS loan programs. Preferred Home Lending is also licensed in Colorado and Louisiana.

418 West 19th Street, Houston, TX 77008
Houston, TX 77008

Website(281) 655-8800

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:

5 / 5 ( Best)

Total Reviews:

34 (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: --

14340 Memorial Drive, Houston, TX 77079
Houston, TX 77079
  • Refinance

Serving in the Houston and Cypress areas, Rock Mortgage is a mortgage loan company owned by Eduardo Adame and Michael Ogg with over 40 years of combined experience. Its lending programs include home equity loans, VA loans, FHA loans, jumbo loans, and cash-out refinance. Rock Mortgage has been helping individuals, couples, families, and business professionals for over 20 years. It aims to provide different loan options that fit customers' needs and financial capacities.

14340 Memorial Drive, Houston, TX 77079
Houston, TX 77079

Website(832) 230-3067

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:

4.5 / 5 ( Best)

Total Reviews:

239 (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+

16718 House Hahl Road, Cypress, TX 77433
Cypress, TX 77433
  • New Construction
  • Refinance

Stephanie Drewry is a mortgage advisor based in Cypress who has been offering loan options since 2019. As an affiliate of Modern Mortgage Pro, she guides her clients in navigating the entire mortgage process and educates them about the rates available in the market that match their needs. She is also equipped to process various mortgages, including adjustable-rate, conventional, fixed-rate, FHA, refinancing, and renovation. Additionally, Stephanie and her team facilitate VA and USDA home loans. One of her customers described her service as efficient and organized.

16718 House Hahl Road, Cypress, TX 77433
Cypress, TX 77433

Website(713) 628-5864

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:

5 / 5 ( Best)

Total Reviews:

38 (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+

19023 Greenleaf Ridge Court, Cypress, TX 77429
Cypress, TX 77429
  • Multi-Family Loans

Texas Family Mortgage is a brokerage that serves clients in the Cypress area. It works with a range of lenders to help customers find the right loan policies that meet their mortgage and refinancing needs. Its loan packages include conventional, fixed-rate, non-QM, and VA loans. Its owner, Kevin J. Force, previously worked as a United States Marine, a firefighter, and a police officer before establishing his own mortgage firm. Force is committed to assisting aspiring homeowners by giving them a transparent and honest service.

19023 Greenleaf Ridge Court, Cypress, TX 77429
Cypress, TX 77429

Website(346) 218-7679

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:

3 (Best)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

21 (Better)

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+

19500 State Highway 249, Houston, TX 77070
Houston, TX 77070
Instagram
  • Refinance
  • Reverse Mortgages

Texas FHA Home Loans is a lending company that helps to make the FHA home loan process quick and easy for customers in Cypress. Its loan options include FHA 203b, 203k, purchase, and refinance loan programs. The firm also offers FHA one-time close construction loans and reverse mortgages. Striving to provide quality customer service and convenience, its team originates, processes, underwrites, and funds FHA loans to make the process smooth and efficient.

19500 State Highway 249, Houston, TX 77070
Houston, TX 77070

InstagramWebsite(346) 297-0516

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 / 5 ( Best)

Total Reviews:

30 (Best)

Score Consistency:

Consistent (Best)

5120 Woodway Drive, Houston, TX 77056
Houston, TX 77056
  • New Construction
  • Refinance

The Gibraltar Group Mortgage is a firm that helps Cypress clients and nearby metro customers to acquire a suitable home or property through a loan. The team can assist clients looking to purchase or refinance. It walks clients through mortgage options such as conventional, VA, FHA, and USDA loans. Its loan officers can also tackle jumbo loans which are suitable for high-cost property acquisition. The Gibraltar Group Mortgage provides financial assistance programs with down payment assistance.

5120 Woodway Drive, Houston, TX 77056
Houston, TX 77056

Website(833) 839-6487

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:

9 (Good)

Score Consistency:

Consistent (Best)

9806 Mesa Point Court, Houston, TX 77095
Houston, TX 77095
  • Refinance

The Home Equity Network works with clients to find loans for those who are looking at houses and consider refinancing. It helps clients select loan programs that fit their situations. The professionals from the company understand the commitment needed in buying a home, refinancing a mortgage, or cashing out home equity. They assist clients in the different aspects of the loan process, including the qualification, application, and approval of their mortgage.

9806 Mesa Point Court, Houston, TX 77095
Houston, TX 77095

Website(281) 304-6353

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:

3 (Best)

Average Review Score:

5 / 5 ( Best)

Total Reviews:

204 (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+

118 Vintage Park Boulevard, Houston, TX 77070
Houston, TX 77070
  • Refinance

The Texas Mortgage Pros is a team of loan specialists and loan processors serving first-time home buyers and current homeowners in Cypress. The company specializes in various types of purchase loan programs suited to each borrower's background and budget. In addition, its professionals can also guide families and individuals who want to set up cash-out loans to help pay for college tuition, debt, and other financial commitments. The Texas Mortgage Pros also strives to close loans in less than 30 days.

118 Vintage Park Boulevard, Houston, TX 77070
Houston, TX 77070

Website(877) 280-4833

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:

50 (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+

10330 Lake Road, Houston, TX 77070
Houston, TX 77070
Instagram
  • Refinance

The Wood Group is part of the Fairway Independent Mortgage Corporation. It is headquartered in Houston and provides its services to clients in the surrounding areas, including Cypress. The Wood Group offers loan products such as conventional loans, FHA loans, and USDA loans. It also handles VA loans and veteran housing assistance programs. The company's other mortgage services include reverse mortgages, refinancing loans, and renovation loans. Matt Wood, the regional SVP and loan officer of The Wood Group, established the company in 2010.

10330 Lake Road, Houston, TX 77070
Houston, TX 77070

InstagramWebsite(281) 864-1710

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:

4.8 / 5 ( Best)

Total Reviews:

154 (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+

11020 Saathoff Drive, Cypress, TX 77429
Cypress, TX 77429
  • New Construction
  • Refinance

Vintage Home Loan is a mortgage loan company serving clients in Cypress and the surrounding areas. It offers home purchase loans, home refinance loans, conventional loans, and government loans. The company also offers unique loan programs like alternative document loans, construction loans, investor loans, and doctor or physician loans. Vintage Home Loan offers fast online loan applications, helps find the right coverages, and assists throughout the whole process. Previous clients have commended the company for its immediate and professional services.

11020 Saathoff Drive, Cypress, TX 77429
Cypress, TX 77429

Website(832) 910-8991

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:

5 / 5 ( Best)

Total Reviews:

6 (Good)

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: --

715 East Main Street, Tomball, TX 77375
Tomball, TX 77375
Instagram
  • New Construction

Winn Molnari is a branch manager of NRL Mortgage. He helps clients find the right loan options that are suitable for their mortgage needs in Cypress and nearby areas. These loan options include conventional, VA, refinance, FHA, and 203K. He also assists in signing initial disclosures, appraisals, title reports, documentations, and conditional approval. In addition, NRL Mortgage was founded in 2007 and is currently licensed to operate in 45 states and the District of Columbia. It was also featured in the Top 100 Mortgage Companies at Mortgage Executive Magazine.

715 East Main Street, Tomball, TX 77375
Tomball, TX 77375

InstagramWebsite(800) 675-6423

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:

3 (Best)

Average Review Score:

4.2 / 5 ( Best)

Total Reviews:

81 (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: --

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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