Best Mortgage Brokers in Lynchburg

Laurels
Laurels

We did the research for you!

Learn more
  • checkboxLicensing
  • checkboxUser Reviews
  • checkboxMystery Shopping Calls

Mortgage Brokers FAQs

Learn more
Diversified Mortgage Brokers logo
Visit WebsiteWebsite

License Verified:

License: 188675

Nationwide Multistate Licensing System and Registry

Diversified Mortgage Brokers

100 Copley Place, Suite D, Lynchburg, VA 24502
Visit WebsiteWebsite
  • Refinance
  • New Construction

Business Description

Diversified Mortgage Brokers is a brokerage firm headquartered in Lynchburg that helps residents meet their mortgage and refinancing needs. Its team of refinance experts evaluates an individual's mortgage goals and develops a plan that addresses their worries involving term changes, lower interest rates, and lower monthly payments. It also serves homeowners looking to cash out on equity. Owner Paul McDaniel has been a mortgage broker since 1989, specializing in residential mortgage loans for purchases, refinances, and equity lines.

License Verified:

License: 188675

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 (13)
Facebook
5.0 / 5 (1)
EMM Loans - Lynchburg, VA logo
Visit WebsiteWebsite

License Verified:

License: 1131567

Nationwide Multistate Licensing System and Registry

EMM Loans - Lynchburg, VA

107B Hexham Dr., Lynchburg, VA 24502
Visit WebsiteWebsite
  • Refinance

Business Description

EMM Loans, which is located in Lynchburg, caters to the mortgage needs of residents in the area. To meet clients' individual needs, it offers various loan programs, including jumbo, 203k, USDA, and non-qualified mortgage loans. It also assists clients in applying for Freddie Mac Refi Possible, which is a refinancing option for borrowers with low to moderate income. In addition, Home Possible and HomeReady mortgages are available. EMM Loans is a member of the Mortgage Bankers Association.

License Verified:

License: 1131567

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

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
LaTisha M. Elliott logo
Visit WebsiteWebsite

License Verified:

License: 2073738

Nationwide Multistate Licensing System and Registry

LaTisha M. Elliott

3100 W Ray Rd Ste 201, Office 209, Lynchburg, VA 85226
Visit WebsiteWebsite
  • Refinance
  • New Construction

Business Description

LaTisha M. Elliott is a mortgage broker that serves clients in the Lynchburg area. She facilitates lending programs like FHA, VA, HARP, 203K, and USDA loans, which also include home loan refinancing. A Virtual Home Buying Seminar is also accessible on her website to help clients prepare wherever they are in the homebuying process. LaTisha is a loan officer for NEXA Mortgage LLC and is associated with LOS, Brokers are Better, and UWM. She is licensed in multiple states, including Florida, Michigan, and North Carolina.

License Verified:

License: 2073738

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 (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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Mortgage Equity Team LLC logo
Visit WebsiteWebsite

License Verified:

License: 1224677

Nationwide Multistate Licensing System and Registry

Mortgage Equity Team LLC

4100 Fort Ave, Lynchburg, VA 24502
Visit WebsiteWebsite
  • Reverse Mortgages

Business Description

Mortgage Equity Team LLC is an independent brokerage company that serves people in Lynchburg and the surrounding areas. It offers mortgage solutions for those looking to purchase a home, helping them secure a loan option that fits their personal needs. It also educates clients about credit in the homeownership field. Mortgage Equity Team is owned and operated by Melanie Thompson, a mortgage advisor with over 10 years of industry experience. She is a member of The Equity Alliance Matrix.

License Verified:

License: 1224677

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 (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
Nation One logo
Visit WebsiteWebsite

License Verified:

License: 1826885

Nationwide Multistate Licensing System and Registry

Nation One

201 Enterprise Drive, Forest, VA 24551
Visit WebsiteWebsite
  • Refinance
  • New Construction

Business Description

Nation One offers the services of its mortgage brokers to clients in Lynchburg. It is a full-service lender that helps people own homes or refinance their mortgage. The company specializes in conventional, FHA 203K, FHA, VA, and USDA loan programs. It also offers various refinance options that are designed to meet local borrowers’ needs best. These loans are applicable for clients who want to get better terms and rates and cash out. Nation One is licensed by the NMLS.

License Verified:

License: 1826885

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 (39)

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
TY Mortgage LLC logo
Visit WebsiteWebsite

License Verified:

License: 158115

Nationwide Multistate Licensing System and Registry

TY Mortgage LLC

15115 Forest Road, Forest, VA 24551
Visit WebsiteWebsite
  • New Construction

Business Description

TY Mortgage LLC helps individuals and families in Lynchburg reach their homeownership dreams. The company assists local borrowers to obtain loans for single- and multi-family units, retail spaces, and industrial properties. It also offers lending options for various purposes, including capital improvement, new construction, and distressed property renovation. Some of its mortgage products include USDA, VA, jumbo, and conventional loans. Its commercial lending branch, TY Funding LLC, partners with various lenders and has funded one million dollars in loans.

License Verified:

License: 158115

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
Facebook
4.5 / 5 (26)
Google
5.0 / 5 (7)

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
Back to Providers

Frequently Asked Questions

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.

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.

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.

Read All FAQS