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Best Mortgage Brokers in Edinburg

2024

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Providers

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Website
1012 Martin Ave, Suite C, McAllen, TX 78504
  • Refinance

Why choose this provider?

A A Genesis Mortgage Loans addresses the home loan needs of clients in Edinburg and the surrounding communities. The company offers mortgage rate and loan program options for its clients' varying needs. Its mortgage rate loans include fixed, graduated payments, adjustable-rate mortgages, and interest-only. Government-backed and jumbo loans are also offered. Clients with existing mortgages can choose from various refinancing options to get lower rates and lower monthly payments. Refinance programs available include FHA streamline and cash-out and conventional loans.

License Verified:

License: 1153319

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 (28)
Yelp
5.0 / 5 (3)
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

Website
3700 North 10th Street, Suite 303, McAllen, TX 78501
  • Refinance

Why choose this provider?

PRMG McAllen Branch is a mortgage banker serving borrowers and soon-to-be homeowners in Edinburg and the surrounding communities. It offers home financing solutions for various borrowers, from foreign nationals and condo investors to elderly mortgage holders and low-credit score individuals. Additionally, the company implements standard conventional products, Fannie Mae homestyle renovation programs, and non-QM product lines. It has been catering to homeownership needs for over 20 years. The company gives back to the community through its non-profit foundation, PRMG Cares.

License Verified:

License: 75243

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 (20)

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
3111 W Freddy Gonzalez Dr Suite 225, Edinburg, TX 78539
  • Commercial Loans
  • Refinance
  • New Construction

Why choose this provider?

Wallstreet Wholesale Lender offers mortgage solutions to residents of Edinburg and the surrounding areas. The full-service mortgage company has a variety of available home loan programs, including USDA, VA, FHA, conventional, jumbo, and HomePath loans. It also offers commercial and construction lines of credit. It helps individuals and families obtain funds for home purchasing and mortgage refinancing. Its website presents its list of loan officers and has mortgage calculators to help clients streamline their loan applications.

License Verified:

License: 1711925

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 (1666)

Website
3313 N. McColl Road, McAllen, TX 78501
  • Refinance

Why choose this provider?

Paul Morales is a mortgage brokerage officer with Structure Finance, serving individuals and families in Edinburg. He assists first-time home buyers and seasoned investors with purchase loans, including conforming, jumbo, super jumbo, FHA, VA, and USDA. He offers fixed-rate and adjustable-rate mortgages with up to 30-year terms. His team also provides mortgage refinancing services for clients seeking to cash out from equity or change terms. Morales has over 13 years of experience in the residential finance and mortgage banking industry.

License Verified:

License: 299060

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
Zillow
5.0 / 5 (70)

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
2023 S Border Ave, Weslaco, TX 78596
  • Refinance

Why choose this provider?

Arca Mortgage caters to clients across Edinburg. The company helps owners of condos, single-family houses, and townhomes refinance their existing mortgages. It assists them in fulfilling a variety of financial goals, ranging from reduced interest rates to lowered monthly payments. It also offers programs that allow recipients of the Deferred Action for Childhood Arrivals policy to acquire homes. To guide clients with their decision-making, the company runs a website that contains tools like mortgage calculators.

License Verified:

License: 2327889

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 (12)

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
30 Providencia Ct. Suite 4M, Brownsville, TX 78526
  • Refinance
  • New Construction

Why choose this provider?

Reliant Mortgage Services has been offering its comprehensive loaning and refinancing options to clients from Edinburg since 2007. The firm's team employs a personalized approach in its consultations by recommending specific options based on its assessment of a client's credit history and income capabilities. It provides prospective homebuyers with tailored loans and first-hand information derived from its collaborations with local real estate professionals. The firm also offers informative counsel on the factors and effects involved in mortgage applications for those who have previously filed for bankruptcy.

License Verified:

License: 392485

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 (111)
Facebook
5.0 / 5 (10)

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
1715 W Trenton Rd, Suite 203, Edinburg, TX 78539
  • Refinance

Why choose this provider?

Mr. Mortgage serves the needs of individuals, couples, and families throughout Edinburg and the nearby metros. Through its extensive network of lending partners, the company provides a variety of mortgage loan packages for clients seeking financing for residential property purchases. Additionally, it provides assistance to clients who seek to refinance an existing loan. Sergio Melendez, the company's founder, has been in the mortgage lending industry since 2004 and has managed home lending operations for local banking institutions for the past ten years.

License Verified:

License: 2190447

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.
4.6
Google
4.6 / 5 (9)

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.