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Best Mortgage Brokers in Grand Prairie

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Absolute Mortgage & Lending - Grand Prairie logo
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License Verified:

License: 1922715

Nationwide Multistate Licensing System and Registry

Absolute Mortgage & Lending - Grand Prairie

2625 West Pioneer Parkway, Grand Prairie, TX 75051
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  • Refinance
  • Multi-Family Loans

Business Description

Absolute Mortgage & Lending - Grand Prairie is a mortgage firm that offers financing solutions for builders, real estate professionals, and individual homebuyers. It comprises mortgage professionals who are dedicated to finding the right loan tailored to the client's needs. They assist the clients throughout the entire loan process and ensure they provide progress reports and updates on the loan status. Absolute Mortgage & Lending has various loan products, including USDA, construction, renovation, conventional, and reverse mortgages.

License Verified:

License: 1922715

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.
4.8
Facebook
4.7 / 5 (13)
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
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Acquest Lending logo
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License Verified:

License: 1568342

Nationwide Multistate Licensing System and Registry

Acquest Lending

2000 East Lamar Boulevard, Arlington, TX 76006
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  • Refinance
  • Purchase Transactions
  • Reverse Mortgages

Business Description

Acquest Lending is a full-service mortgage firm that offers comprehensive mortgage solutions to clients in Grand Prairie and its nearby areas. It has access to a wide network of lending partners, which helps clients own their first homes or acquire lower monthly payments for their existing mortgages. Acquest Lending offers various loans, including FHA, VA, USDA, jumbo, and conventional loans. It also offers refinancing options, whether the client intends to cash out or get a better rate and term.

License Verified:

License: 1568342

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.
4.9
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4.0 / 5 (51)
Facebook
5.0 / 5 (8)
Eone Mortgage logo
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License Verified:

License: 1944450

Nationwide Multistate Licensing System and Registry

Eone Mortgage

2805 West Arkansas Lane, Arlington, TX 76016
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  • Refinance

Business Description

Eone Mortgage is a mortgage broker in Grand Prairie. It handles all types of mortgages including purchases, refinances, equity takeouts, debt consolidations, renewals, and mortgages for the self-employed. Eone makes purchasing or refinancing accessible for clients with its online application processing. The team finds the home loan that works for every client and their home mortgage and lending needs. It works closely with clients to determine these needs and deliver personalized financing solutions.

License Verified:

License: 1944450

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
3.0 / 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
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Francis Colonial Mortgage logo
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License Verified:

License: 1763351

Nationwide Multistate Licensing System and Registry

Francis Colonial Mortgage

318 West Main Street, Arlington, TX 76010
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  • Reverse Mortgages

Business Description

Francis Colonial Mortgage is a full-service mortgage firm providing home loan options to clients in Grand Prairie. It offers FHA, VA, conventional, USDA, and reverse mortgage loans to clients looking to purchase a home. Additionally, refinancing programs are available. The company's products for investment properties include stated income, bank statement, and asset verification loans. Francis Colonial Mortgage educates its clients about tax advantages when owning a home. Its loan originators have more than 20 years of combined experience in the industry.

License Verified:

License: 1763351

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
5.0 / 5 (5)
Facebook
3.7 / 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
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Guardian Mortgage logo
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License Verified:

License: 133751

Nationwide Multistate Licensing System and Registry

Guardian Mortgage

5001 South Cooper Street, Arlington, TX 76017
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  • Refinance

Business Description

Since 1965, Guardian Mortgage has been catering to the home loan needs of prospective homeowners in Grand Prairie and other nearby cities. It creates mortgage solutions and programs based on its clients' financial and personal goals. The loan options include FHA, VA, jumbo, conventional, and USDA rural development loans. It also helps clients navigate other mortgage products such as conforming adjustable-rate mortgage, down payment assistance, portfolio CRA, and renovation programs.

License Verified:

License: 133751

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
Facebook
5.0 / 5 (38)
Google
4.0 / 5 (23)

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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Jimmy Foster logo
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License Verified:

License: 1215403

Nationwide Multistate Licensing System and Registry

Jimmy Foster

407 North Cedar Ridge Drive, Duncanville, TX 75116
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  • Refinance
  • Multi-Family Loans

Business Description

Jimmy Foster is a senior loan officer who is affiliated with Geneva Financial Mortgage. He provides financing options for clients looking into purchasing, renovating, or constructing homes. He also specializes in a number of loan programs, including USDA, FHA, VA, and conventional mortgages. In addition, he underwrites FHLMC and FNMA loans. Jimmy also helps his clients qualify for down payment assistance programs. The loan specialist, who has nearly 20 years of experience, co-founded a finance consultation firm called J. Marc Haster.

License Verified:

License: 1215403

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
5.0 / 5 (17)

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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––
Loan Factory - TX-Grand Prairie logo
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License Verified:

License: 320775

Nationwide Multistate Licensing System and Registry

Loan Factory - TX-Grand Prairie

2505 South Great Southwest Parkway, Grand Prairie, TX 75052
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  • Refinance

Business Description

Loan Factory, Inc., is an independent mortgage brokerage firm that serves the Grand Prairie metro area and the surrounding areas. The company assists individuals and families with obtaining financial assistance for a new home purchase. Its mortgage brokers represent multiple lenders that carry an extensive portfolio of home loan products. These include conventional fixed-rate, FHA, VA, and USDA. The firm also helps existing homeowners lower their current mortgage terms through refinancing. The company has 17 branches across the U.S.

License Verified:

License: 320775

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 (508)
Facebook
5.0 / 5 (122)

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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Marti Jeffries logo
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License Verified:

License: 930343

Nationwide Multistate Licensing System and Registry

Marti Jeffries

1423 North Highway 67, Cedar Hill, TX 75104
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  • New Construction
  • Refinance

Business Description

Marti Jeffries is a mortgage broker under Gold Financial Services. He primarily offers his services within Grand Prairie and the surrounding areas. Marti has over 17 years of experience in the mortgage industry. He is knowledgeable in mortgage originations, default management, internal audit, and compliance. In addition, he offers his clients one-on-one consultations as to what to expect when applying for a mortgage. Marti is also well-informed about the FHA's and the VA's investor guidelines for home purchases.

License Verified:

License: 930343

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
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
Responsiveness
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Detail
Meredith Minter logo
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License Verified:

License: 409504

Nationwide Multistate Licensing System and Registry

Meredith Minter

2409 Hillary Trail, Mansfield, TX 76063
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  • Refinance

Business Description

Meredith Minter is a mortgage broker who renders her services to the residents of Grand Prairie and other areas in Texas. She offers loan options that include FHA loans, VA loans, jumbo loans, 15-year fixed mortgages, and 30-year fixed mortgages. The loan officer also assists borrowers who are planning to buy, build, refinance, or sell their aspired homes with fixed and adjustable rates. Meredith encourages her clients to secure applications and set appointments with her through her website.

License Verified:

License: 409504

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 (57)

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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Mid America Mortgage Southwest, Inc. logo
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License Verified:

License: 317299

Nationwide Multistate Licensing System and Registry

Mid America Mortgage Southwest, Inc.

229 South 9th Street, Midlothian, TX 76065
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  • Refinance

Business Description

Established in 1998, Mid America Mortgage Southwest, Inc., is a mortgage brokerage firm that serves clients in Grand Prairie. It offers various home purchase loan programs, such as FHA, VA, commercial, conventional, jumbo, and reverse loans. Additionally, it provides term mortgages up to 30 years and home equity lines. Moreover, Mid America Mortgage Southwest caters to clients with refinancing service needs. Its refinancing programs include cash-out, FHA, and VA refinancing. Doctor loans are also available.

License Verified:

License: 317299

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 (22)
Facebook
5.0 / 5 (6)
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
Responsiveness
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Detail
Mortgage Matters Corporation logo
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License Verified:

License: 1856457

Nationwide Multistate Licensing System and Registry

Mortgage Matters Corporation

4425 West Airport Freeway, Irving, TX 75062
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  • Refinance

Business Description

Mortgage Matters Corporation carries a range of loan options for home purchase or refinancing transactions in Grand Prairie. Its mortgage professionals walk clients through the loan process and available products, including USDA, VA, FHA, 203K, and jumbo loans. They also offer adjustable-rate and fixed-rate mortgages, with periods reaching 15 or 30 years for the latter type. The team at Mortgage Matters Corporation has been providing mortgage and real estate services for more than 20 years.

License Verified:

License: 1856457

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.
4.9
Google
4.9 / 5 (38)

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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Mortgage Solutions Financial logo
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License Verified:

License: 898469

Nationwide Multistate Licensing System and Registry

Mortgage Solutions Financial

3901 Arlington Highlands Boulevard, Arlington, TX 76018
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  • New Construction
  • Refinance

Business Description

The loan specialists at Mortgage Solutions Financial help Grand Prairie homebuyers select from a number of financing options, such as renovation and conventional loans, along with niche products like rural and hobby farm loans. Additionally, they offer refinancing solutions for homeowners in the form of FHA, VA IRRRL, and conventional mortgages. Mortgage Solutions Financial performs loan processing, underwriting, and closing in-house. Its Arlington branch manager, Caleb Lutsch, has more than 15 years of experience in the industry.

License Verified:

License: 898469

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)

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
Petra Mortgage logo
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License Verified:

License: 1425955

Nationwide Multistate Licensing System and Registry

Petra Mortgage

4425 West Airport Freeway, Irving, TX 75062
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  • New Construction
  • Refinance

Business Description

Petra Mortgage is a brokerage that serves clients in the Grand Prairie area. It works with a range of lenders to help its customers find the right policies that meet their mortgage and refinancing needs. Its loan programs include jumbo, home equity, VA, and conventional fixed-rate loans. It also provides reverse mortgages, FHA loans, and adjustable-rate plans. Petra Mortgage is committed to prioritizing its customers and thoroughly guiding them through the process of obtaining a home loan.

License Verified:

License: 1425955

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
Facebook
5.0 / 5 (26)
Google
4.0 / 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
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Synergy One Lending logo
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License Verified:

License: 1907235

Nationwide Multistate Licensing System and Registry

Synergy One Lending

2401 East Randol Mill Road, Arlington, TX 76011
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  • Refinance

Business Description

Synergy One Lending is a mortgage lending company serving the Grand Prairie area. This company serves clients who are looking for their next homes, as well as clients who are looking to refinance their current properties. It offers various loan options, including VA, FHA, USDA, jumbo, and conventional loans. Its team of loan officers guides clients in exploring their financial options. The company also utilizes modern technology to make the loan process easier, enabling clients to buy and refinance homes through the company's mobile app.

License Verified:

License: 1907235

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.
4.9
Facebook
4.0 / 5 (61)
Google
5.0 / 5 (51)

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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Vista Mortgage Co. logo
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License Verified:

License: 70129

Nationwide Multistate Licensing System and Registry

Vista Mortgage Co.

219 Billings Street, Arlington, TX 76010
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  • Commercial Loans
  • Multi-Family Loans

Business Description

Vista Mortgage Co. works with over 100 investors to provide Grand Prairie clients with loan programs suited to their financial goals. Its portfolio of mortgage products includes FHA, USDA, VA, jumbo, and stated income loans. In addition, the company can also refinance a client's existing mortgage to change the interest rate or get cash equity out of the mortgage. Clients commend Vista Mortgage Co. and its staff for their ability to explain mortgage-related concepts in an understandable manner.

License Verified:

License: 70129

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
4.7 / 5 (39)
Facebook
5.0 / 5 (5)

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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Wommack Group logo
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License Verified:

License: 274103

Nationwide Multistate Licensing System and Registry

Wommack Group

2400 U.S. 287 Frontage Rd, Mansfield, TX 76063
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  • Refinance

Business Description

Wommack Group is a brokerage under Service First Mortgage that serves clients in Grand Prairie and its surrounding area. It provides full-service mortgage services and offers a wide variety of loan products to meet its clients' needs for the purchase, renovation, and construction of their homes. Its loan options include HomeReady and Home Possible conventional loans, renovation loans, and FHA, VA, USDA, and other non-traditional loans. The company also offers assistance in refinancing and reverse mortgages.

License Verified:

License: 274103

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.
4.9
Google
5.0 / 5 (72)
Facebook
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
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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.

Read all FAQs