Expertise.com

2024

Last updated:

Best Mortgage Brokers in Tyler

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 Tyler Mortgage Brokers on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

32Reviewed

22Curated

7Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Tyler, TX
WebsiteLicense: 1995725

Expertise.com Rating

Review Sources

Google
5.0 (20)
Facebook
5.0 (8)

Why choose this provider?

Brian Bailey is a mortgage broker who provides financing solutions to customers in the Tyler area. He assists clients in purchasing a new home or refinancing an active loan. Brian encourages clients to discuss their financial goals and home needs that will aid in finding the right loan choice. He also crafts custom-made loan options depending on his client's specific needs. Brian aims to assist and guide homeowners throughout the loan process to create a smooth lending experience.

  • Refinance
  • New Construction

1307 Dominion Plaza, Tyler, TX 75703
WebsiteLicense: 962054

Expertise.com Rating

Review Sources

Google
4.4 (16)

Why choose this provider?

Texas Farm Credit offers financing assistance to clients in Tyler. It provides individuals with mortgage financing to buy traditional houses, barndominiums, and homes on acreage. Its mortgage brokers also cater to borrowers looking to loan farms, ranches, or rural and recreational properties. In addition, the company gives clients access to crop, livestock risk protection, and annual forage insurance. The company is part of Farm Credit System, a network of cooperatives that was established in 1916.

  • Refinance

7428 Old Jacksonville Hwy, Ste 80, Tyler, TX 75703
WebsiteLicense: 1930068
Website

Expertise.com Rating

Review Sources

Google
4.9 (68)
Facebook
5.0 (22)

Why choose this provider?

The Mortgage House has been catering to the needs of first-time home buyers and veterans in the Tyler area since 2020. The locally owned and operated firm provides clients with various mortgage loan options, such as federal housing administration, USDA, VA, and jumbo loans. It also offers clients 15-year and 30-year fixed mortgages. The Mortgage House was established by two friends, Teri Killingsworth and Marque Ross, who both have been in the mortgage industry for more than 10 years.

  • Refinance

1658 West Grande Boulevard Suite 200, Tyler, TX 75703
WebsiteLicense: 355969

Expertise.com Rating

Review Sources

Google
5.0 (214)
Facebook
4.9 (27)
Zillow
5.0 (4)

Why choose this provider?

Legacy Mortgage is a Christian-owned and locally operated brokerage firm that has been serving individuals and families in Tyler and the surrounding areas for more than two decades. Its team of loan officers and processors helps clients purchase or refinance a house. It has experience with different types of both fixed-rate and adjustable-rate mortgage loans. Legacy Mortgage also has offices in Houston and the Dallas–Fort Worth metroplex. The brokerage is a member of the Tyler Chamber of Commerce.

  • Refinance
  • New Construction

6649 Oak Hill Blvd., Tyler, TX 75703
WebsiteLicense: 499855

Expertise.com Rating

Review Sources

Google
4.8 (116)
Facebook
4.8 (22)
Yelp
4.0 (4)

Why choose this provider?

Tyler Lending Group is a mortgage brokerage that helps individuals and families in the local metro find the right home loan for their needs. It offers reverse mortgage, home purchase, and home refinance loan programs. Borrowers can also choose from fixed-rate and adjustable-rate mortgages, as well as FHA, VA, USDA, jumbo, super jumbo, and 203K loans. The company's website also has several online tools to assist borrowers. Kelvin Woodfin, Tyler Lending Group's founder, is a lender affiliate of Homes for Heroes.

  • Refinance

212 Old Grand Blvd, A-214, Tyler, TX 75703
WebsiteLicense: 1584567

Expertise.com Rating

Review Sources

Google
5.0 (28)
Facebook
5.0 (6)

Why choose this provider?

Home Life Lending Group provides services to help individuals in Tyler with their mortgage needs. Its loan options include fixed- and adjustable-rate, jumbo and super jumbo, USDA, FHA, and VA. The agency also allows clients to choose five to 30 years term options that suit their financial needs and goals. Its team members are also available to help individuals refinance their mortgage loans to change their terms, reduce their rates, and obtain cash-out funds from their home's equity.

  • Refinance
  • New Construction

455 Rice Road #111, Tyler, TX 75703
WebsiteLicense: 253767

Expertise.com Rating

Review Sources

Facebook
5.0 (46)
Zillow
5.0 (3)
Yelp
3.0 (2)

Why choose this provider?

Jeanna Hill deals with clients throughout the Tyler area. She sets up various mortgage programs—including loans guaranteed or insured by the USDA, VA, and FHA—to help individuals like firefighters, teachers, and health professionals realize their goal of homeownership. She has experience assisting clients looking to purchase investment properties and vacation homes in pre-qualifying for mortgages. She also helps homeowners refinance their loans to reduce their monthly rates. Hill has been in the mortgage industry for more than two decades.

  • Refinance

FAQs

  • 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.