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Best Mortgage Brokers in Frisco

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Amit “Mick” Gandhi, MBA, CDLP®, CMPS®, CWPP™, CAPP™ logo
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License Verified:

License: 700058

Nationwide Multistate Licensing System and Registry

Amit “Mick” Gandhi, MBA, CDLP®, CMPS®, CWPP™, CAPP™

Frisco, TX
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Business Description

Amit Gandhi is a residential mortgage loan advisor and owns HB Lending, LLC. He offers mortgage loan and financial planning services in the Irving area. He helps clients buy, sell, refinish, or build their dream homes. Amit has over 13 years of experience in the financial and lending industries. He is certified in financial, real estate, mortgage, wealth preservation, credit, and asset protection. He graduated with a degree in Business Administration and Finance and also has an MBA.

License Verified:

License: 700058

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
AXS Mortgage logo
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License Verified:

License: 1842460

Nationwide Multistate Licensing System and Registry

AXS Mortgage

6735 Salt Cedar Way Building 1 Suite 300, Frisco, TX 75034
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  • Refinance

Business Description

AXS Mortgage provides its services in the Frisco metro. The company helps make getting mortgages easier with its experienced team of brokers. Included in its services are locking in refinance rates, property evaluation, rate comparisons, fast funding, cash-out refinance, and home purchase loans. Additionally, it offers various types of loans such as FHA, VA, USDA, Jumbo, and reverse mortgage. Rico Singleton, a mortgage broker and an experienced loan officer, offers personalized services to his clients.

License Verified:

License: 1842460

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 (2)
Caprock Home Loans logo
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License Verified:

License: 289446

Nationwide Multistate Licensing System and Registry

Caprock Home Loans

130 N Preston Rd, Prosper, TX 75078
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  • Refinance
  • Home Loans
  • Home Purchase

Business Description

Caprock Home Loans is a mortgage company that assists clients in Frisco in purchasing or refinancing their mortgages. It guides potential homebuyers in securing their dream property by offering flexible qualification guidelines and term options, and by recommending the right kind of mortgage and financing options according to their needs. The home loan company was founded in 2019 by Adam Colberg and AJ Meyers. The founders have a combined 15 years of experience in serving the residential mortgage needs of clients.

License Verified:

License: 289446

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 (66)
Yelp
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
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Exponent Mortgage logo
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License Verified:

License: 1861536

Nationwide Multistate Licensing System and Registry

Exponent Mortgage

6136 Frisco Square Blvd., Suite 400, Frisco, TX 75034
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  • New Construction
  • Refinance

Business Description

Based in Frisco, Exponent Mortgage is a full-service mortgage company that values building relationships with clients. It provides a wide variety of loan programs for those who dream of owning homes, including FHA, Jumbo, VA, and commercial loans. Its mortgage professionals help with loan refinancing, whether for cash outs or improved loan rates and terms. They also offer online self-help resources such as mortgage and refinancing calculators, application forms, and tax benefits and interest information.

License Verified:

License: 1861536

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 (7)
Facebook
5.0 / 5 (7)
First Rate logo
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License Verified:

License: 658200

Nationwide Multistate Licensing System and Registry

First Rate

14083 Badlands Drive, Frisco, TX 75035
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  • Jumbo Loans
  • Conventional Loans
  • Mortgage Broker

Business Description

First Rate offers a variety of loan types to suit the needs of clients in Frisco. It provides information about the loan application process to guide buyers looking for home loans or owners wanting to refinance their homes. Its agents offer fixed or adjustable rate, jumbo, reverse mortgage, and FNMA conventional loans. They also accommodate customers who require FHA, VA, and combined mortgage products. Team member Chad Lemons brings his over 15 of experience in assisting individuals through the financing steps.

License Verified:

License: 658200

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
4.9 / 5 (145)
Facebook
5.0 / 5 (118)
Yelp
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.
4.0
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––
Greatwall Inc logo
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License Verified:

License: 272209

Nationwide Multistate Licensing System and Registry

Greatwall Inc

11500 State Highway 121, Suite 410, Frisco, TX 75035
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  • Refinance

Business Description

Greatwall Inc in Frisco provides individuals with various mortgage programs and real estate deals. It helps first-time homebuyers or those who want to buy the homes of their dreams find the right financing solutions. Its professionals understand the market trends and guide clients on determining when is the right time to buy or refinance properties. They offer several lending programs, including FHA, VA, home purchase and refinance, and conventional loans. They are available around the clock.

License Verified:

License: 272209

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.
4.5
Google
4.2 / 5 (5)
Facebook
5.0 / 5 (3)

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
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Detail
Guaranty Federal Mortgage logo
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License Verified:

Nationwide Multistate Licensing System and Registry

Guaranty Federal Mortgage

6351 Preston Rd Suite 125, Frisco, TX 75034
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  • Residential Mortgages

Business Description

Guaranty Federal Mortgage provides services to clients in the Frisco area. This company focuses on assisting individuals in applying for mortgage loans to help them purchase their desired homes or residences that suit their financial goals. Guaranty Federal Mortgage has been operating since 2005. One of its team members, Daniel Grider, has been serving as a loan officer since 2012. He also uses his real estate background to understand the home purchasing needs of his clients.

License Verified:

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.
4.7
Google
4.9 / 5 (159)
Facebook
4.8 / 5 (22)

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
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John Geary Jenkins logo
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License Verified:

License: 1021821

Nationwide Multistate Licensing System and Registry

John Geary Jenkins

8501 Wade Blvd., Suite 1310, Frisco, TX 75034
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  • Purchase Home Loans
  • Refinance

Business Description

John Geary Jenkins, a loan officer from Fairway Independent Mortgage, serves the clients residing in Frisco and the neighboring areas. He deals with various types of loans, including FHA loans for those with credit issues and VA loans for veterans. Jenkins helps borrowers secure their dream home while educating them about their respective benefits by offering various home loan solutions. He also constantly communicates with clients, guiding them through the loan process, including discussing their financial situation and objectives.

License Verified:

License: 1021821

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
JVM Lending logo
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License Verified:

License: 2015729

Nationwide Multistate Licensing System and Registry

JVM Lending

7950 Legacy Dr Suite 390, Plano, TX 75024
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  • Refinancing

Business Description

JVM Lending offers financial assistance to clients in Frisco for their home purchasing and refinancing. It provides several types of products, including conventional or conforming, jumbo, FHA, VA, and non-QM loans, as well as rate, term, and cash-out refinance options. The company's agents assist and educate clients throughout the application process, helping manage their expectations. JVM Lending gives back to the community by donating to Big Brothers Big Sisters of the Bay Area for each loan it funds.

License Verified:

License: 2015729

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)

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.
4.0
Responsiveness
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Detail
––
Mortgage Partners Of Texas, LLC logo
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License Verified:

License: 1794441

Nationwide Multistate Licensing System and Registry

Mortgage Partners Of Texas, LLC

2770 Main Street Suite 283, Frisco, TX 75033
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  • Refinance

Business Description

Mortgage Partners of Texas, LLC provides solutions to the mortgage needs of clients in Frisco and neighboring communities. Whether a client is looking to purchase a residential property for the first time or refinance an existing mortgage, the firm can provide a wide variety of programs, like fixed or adjustable-rate mortgage, FHA loan, VA loan, USDA loan, and jumbo loan. It often deals with properties such as single-family homes, multi-family homes, condominiums, and townhouses that may serve as customers' primary residence, vacation home, or investment property.

License Verified:

License: 1794441

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 (37)

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
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Helpfulness
Detail
Prime Choice Lending logo
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License Verified:

License: 1441287

Nationwide Multistate Licensing System and Registry

Prime Choice Lending

4633 Coit Rd #340, Frisco, TX 75035
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  • Refinance

Business Description

Prime Choice Lending is a mortgage brokerage serving clients throughout Frisco and the surrounding areas. This company provides various mortgage refinancing options for existing homeowners and new home buyers, including the Fresh Start Program and conventional, FHA, USDA, and VA loans. In addition, the company offers its HomeStyle Renovation Mortgage for homeowners who are planning to repair or remodel their properties. Its team of loan officers helps clients in finding the right loan program that suits their needs and budget.

License Verified:

License: 1441287

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.
4.3
Google
4.1 / 5 (92)
Facebook
4.6 / 5 (27)

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
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Detail
Private Mortgage Group logo
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License Verified:

License: 1785991

Nationwide Multistate Licensing System and Registry

Private Mortgage Group

6735 Salt Cedar Way Ste 300, Frisco, TX 75034
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  • Refinance

Business Description

Located in Frisco, Private Mortgage Group caters to clients throughout the metro. It assists property buyers through the process of obtaining ITIN home loans. The firm has experience helping clients qualify for manufactured homes or single-family residential properties. It also connects investors to mortgage brokers and advises on issues involving high-yield mortgage notes. The company's staff has over two decades of industry experience and has helped fund over $70 million in loans for their clients.

License Verified:

License: 1785991

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

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
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Helpfulness
Detail
The Lending Source logo
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License Verified:

License: 1596113

Nationwide Multistate Licensing System and Registry

The Lending Source

2591 Dallas Pkwy Ste 300, Frisco, TX 75034
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  • Refinance

Business Description

The Lending Source is an independent agency serving clients in Frisco and nearby areas. It offers mortgage solutions for first-time homebuyers and those looking for secondary and investment homes. The agency provides ARMs, conventional, FHA, VA, fixed-rate, and reversed annuity mortgages. It also assists with refinancing services that lower monthly payments and interest rates. Private mortgage insurance options are available. The Lending Source is a certified Women's business enterprise and is a member of the Association of Independent Mortgage Experts.

License Verified:

License: 1596113

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.
4.4
Google
4.4 / 5 (7)
Facebook
5.0 / 5 (3)
The Mortgage Brokers logo
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The Mortgage Brokers

6733 Salt Cedar Way, Building 1, Suite 378, Frisco, TX 75034
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  • Home Loans

Business Description

The Mortgage Brokers helps its clients in the Frisco area shop for home loan products. It caters to the needs of individuals buying homes for the first time or purchasing second homes. The company provides FHA, USDA, VA, and conventional loans. Its agents also help customers explore their options, such as rate and term, cash-out, and student debt refinances, as well as renovation loans. In addition, The Mortgage Brokers has asset-only, ITIN, and bank statement offerings.

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

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
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Thorn Home Loans logo
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License Verified:

License: 1629149

Nationwide Multistate Licensing System and Registry

Thorn Home Loans

4645 Wyndham Lane, Suite 130, Frisco, TX 75034
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  • Home Loans

Business Description

Thorn Home Loans serves residential real estate buyers in Frisco and the nearby areas. It is headed by Pam Thorn, who is affiliated with Union Home Mortgage. She provides a variety of mortgage options and furnishes personalized analyses based on clients' needs. She also accommodates clients who need cash-out refinance solutions. The real estate professional is also a Military Mortgage Specialist. Thorn has been in the real estate and property management services industry for over two decades.

License Verified:

License: 1629149

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 (24)
Facebook
5.0 / 5 (9)
Yelp
5.0 / 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.
5.0
Responsiveness
Friendliness
Helpfulness
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Back to Providers

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.

How do mortgage brokers get paid?

The customer or the lender pays the mortgage broker. By law, it's illegal for a mortgage broker to accept payment from both parties. Additionally, thanks to the Dodd-Frank Act, a mortgage broker cannot have hidden fees or base their commission on their customer's interest rate.

What makes mortgage brokers different from loan officers?

Loan officers are employees of a single lender. For example, if you go to a bank for a mortgage, you'll deal with their loan officer. They’re paid a set salary and receive bonuses; however, they can only offer loans from their bank.

A mortgage broker works independently or for a firm, and they’re paid by the client or lender. Mortgage brokers can approach several lenders, giving individuals many more options.

What is the difference between a commercial mortgage broker and a home loan broker?

A commercial mortgage broker deals with real estate loans for businesses. The loan for the commercial property is given to the company, not the individual. As a result, the approval process reviews the financial health of the business. In comparison, a home loan broker helps individuals gain a real estate loan for their property.

How much do mortgage brokers make?

According to Salary.com, the average salary for a mortgage broker in the U.S. ranges between $75,344 and $99,498. However, this can significantly vary depending on the state you work in, bonuses, and other factors.

How do mortgage brokers get paid?

How a mortgage broker gets paid entirely depends on who they work for. If they’re an independent contractor, all of their income comes from their clients or lenders. If the person works for a brokerage, they may be paid a combination of a base salary and bonuses from closed deals.

How much do mortgage brokers make per loan?

Mortgage brokers typically make between 1% and 2% of the total loan amount on each deal closed. The client or the lender will pay this fee. The mortgage broker does not receive their payment until the loan is approved and finalized. 

Can mortgage brokers work across state lines?

Yes, mortgage brokers can work across state lines. However, each state has different licensing requirements for its mortgage brokers. To legally close a transaction, you must be certified in the state of the transaction. Additionally, it's helpful to know the state's closing process, as this can change from state to state.

What is a surety bond for mortgage brokers?

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.

Is it difficult to pass the mortgage brokers’ test?

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.

Do mortgage brokers need to be licensed?

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.

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