Expertise.com
2024

Last updated:

Best Mortgage Brokers in Midland

Our Recommended Top 7

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Midland Mortgage Brokers on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

39

Reviewed

26

Curated

7

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
4410 North Midkiff Road, Midland, TX 79705
  • Refinance
  • Purchase Transactions

Why choose this provider?

LeighAnne Price is a senior loan officer for Supreme Lending that offers mortgage solutions and home financing programs for clients in the Midland metro. She is NMLS certified and is licensed to practice in both Texas and New Mexico States. She has successfully helped clients apply for and secure loans such as traditional loans (conventional and jumbo), government loans (USDA, FHA, and VA), as well as amortization options (adjustable-rate mortgages). She also offers special loan programs such as first-time homebuyer loans and downpayment assistance.

License Verified:

License: 1531656

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 (15)
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
Friendliness
Helpfulness
Detail

Website
3312 West Illinois Avenue, Midland, TX 79703
  • Purchase Transactions

Why choose this provider?

Western Shamrock Corporation is a financial service company that has been providing financial services and personal loans since 1965. The business serves clients in Midland, handling services such as rent and mortgage payments, debt consolidation, medical bills, car payments, school expenses, and emergency expenses. It also provides services for opening a personal installment loan, establishing a new credit line, preparing taxes, or financing consumer merchandise. It also has locations in Missouri, New Mexico, Oklahoma, and Mexico.

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.
4.2
Google
4.0 / 5 (37)
Facebook
4.7 / 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
3211 West Wadley, Midland, TX 79705
  • Refinance

Why choose this provider?

Tracy Timlin Robinson is a loan professional who is affiliated with Benchmark Mortgage and has offices in Midland and Granbury. Together with her team, she provides personalized financing options for clients, whether they are self-employed borrowers or first-time homebuyers. She also works with clients who need help in lowering their existing mortgages' interest rates through refinancing. Robinson, who has been serving borrowers for over 30 years, has a blog that contains mortgage tips and market trend information.

License Verified:

License: 424400

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 (275)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
2101 W Wadley Ave, Suite 36, Midland, TX 79705
  • New Construction
  • Refinance

Why choose this provider?

HNB Mortgage is a Midland-based firm that provides financing solutions to clients looking to purchase primary and secondary residences, invest in new income-producing properties, or refinance their current mortgages. Its team of mortgage brokers guides borrowers throughout the loan process, from selecting the most appropriate program for their needs to raising their credit scores to help them pre-qualify. Loan types available include conventional, fixed- and adjustable-rate, jumbo, FHA, and VA. HNB Mortgage's president Suzanne Smith leads a team of experienced processors, underwriters, and loan closing specialists who can speak Spanish and serve the Hispanic market.

License Verified:

License: 226999

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 (39)
Facebook
4.8 / 5 (24)
Yelp
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
Friendliness
Helpfulness
Detail

Website
3308 West Illinois Avenue, Midland, TX 79703
  • Refinance
  • Multi-Family Loans

Why choose this provider?

World Finance is a company that has been servicing Midland and surrounding communities since 1962. It assists people in realizing their financial goals by offering financing solutions through different types of loan programs. Personal installment loans are available which would depend on clients' goals and financial situation. The company also offers tax return preparation services that can be done online, drop-off, or in person. Moreover, it educates clients about a wide range of topics including insurance, savings, income, expenses, and credit.

License Verified:

License: 2032867

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (13)

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.
2.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
4411 West Illinois Avenue, Midland, TX 79703
  • Refinance

Why choose this provider?

Security National Mortgage is a full-service mortgage financing company that serves clients in Midland and the surrounding areas. The firm aims to provide aspiring homebuyers looking for a residential loan with a simple loan process. The agency offers a wide range of home loan programs, including fixed-rate, adjustable-rate, reverse, and jumbo and government loans like FHA, VA, and USDA. Security National Mortgage has been assisting borrowers and homeowners for over five decades.

License Verified:

License: 317782

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 (47)

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
4819 Williams Drive, Midland, TX 78633
  • Refinance

Why choose this provider?

The Texas Mortgage Pros is a company that offers loan options to residents and businesses in Midland and nearby communities like Dallas, Austin, and Houston. In addition to conventional loans, it deals with purchase loan programs like FHA mortgage, VA mortgage, non-conforming, conforming, Texas USDA, and non-qualified mortgage loans. Moreover, it provides reverse mortgage offerings, such as home equity conversion mortgage and proprietary reverse mortgage, which is a type of program that is offered by credit unions or banks.

License Verified:

License: 268552

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
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.