Expertise.com

2024

Last updated:

Best Mortgage Brokers in Newport News

Our Recommended Top 10

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

54Reviewed

36Curated

10Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
4461 Cox Road, Glen Allen, VA 23060
  • VA Loans
  • Conventional Loans
  • Residential Purchase and Refinance Lending
  • Purchase Loan Officer
  • FHA Loans
  • Home Purchase
  • First time buyers
  • Refinancing
  • Purchase and Refinance
  • First Time Home Buyer Financing
  • Veteran Loan Specialist
  • Jumbo / Non-conforming
  • Mortgage Broker
  • VA Financing
  • Consolidation
  • Mortgage Refinance
  • VA & FHA Loan organizations
  • Residential Mortgages
  • FHA and VA mortgages
  • Refinance
  • FHA
  • Mortgages
  • Purchase and Renovation Loans
  • Home Loans
  • VA
  • Bilingual Loan Officers
  • VA Home Loans
  • Reverse Mortgage
  • New Construction Mortgage
  • First Time Homebuyer
  • Cash-out Refinance
  • Home improvement
  • VA Specialists
  • Purchase Transactions
  • New Construction
  • Purchase
  • First Time Home Buyers
  • Jumbo Loans
  • Debt Consolidation
  • Purchase Home Loans
  • Single-Family Loans
  • New Purchase Loan Approvals
  • Purchases
  • VA Home Loan Financing
  • Purchase Loans
  • VA & FHA Originations

Why choose this provider?

CapCenter is a realty and insurance company that assists homeowners and buyers with their mortgage needs in Newport News and surrounding locations. Its team of mortgage brokers and professionals offers several loan options that consist of fixed rates, FHA, VA, jumbo, and ARM loans. Its online and digital platform provides tools to help clients through the whole process, including purchase, sale, and refinance calculators as well as a portal to upload and review documents.

License Verified:

License: 67717

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
Zillow
5.0 / 5 (431)
Google
4.8 / 5 (45)
Yelp
4.0 / 5 (9)

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

Price: Free quote

Newport News, VA

Why choose this provider?

Need help contacting a Mortgage Broker in Newport News? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

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

Price: Free booking service | Call 848.Book.Pro!

Website
11815 Fountain Way, Newport News, VA 23606
  • New Construction
  • Refinance

Why choose this provider?

Founded in 2007, Allegiance Home Lending is a mortgage loan company owned by David Sonson with over 17 years of experience in the industry. It offers home purchase and home refinance for single- and multi-family homes, condominiums, townhouses, and manufactured homes. Serving Newport News and Henderson, Allegiance Home Lending aims to provide quality mortgage brokerage services and straightforward loan processes. In addition, the company was praised by a previous client for its professional and responsive services.

License Verified:

License: 399430

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 (61)

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
600 22nd Street, Virginia Beach, VA 23451
  • New Construction
  • Refinance

Why choose this provider?

Towne Mortgage is a company serving customers in Newport News and the surrounding areas. It is made up of a team of local loan officers who strive to provide clients with mortgages that fit their needs through technology and the relationships they've made with local Realtors, builders, and appraisers. Some of the products offered by the company are conventional fixed-rate mortgages, USDA, FHA insured, VA, and jumbo loans. In addition, renovation loans and refinancing services are also available.

License Verified:

License: 91904

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 (53)
Facebook
5.0 / 5 (7)

Website
11832 Rock Landing Drive, Newport News, VA 23606
  • Refinance

Why choose this provider?

David Elshanti is a loan expert and branch manager of Novus Home Mortgage in Newport News. David handles conventional loans such as FNMA Direct and Direct Freddie Mac which are available for buyers with good credit. He also offers government loans such as FHA, VA, USDA, and Jumbo Loans, which may be availed by first-time buyers or those with little-to-no credit. The application process is fully digital, from pre-approval to closeout. Clients can check on or monitor the status of their applications anytime through the Novus app.

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
4.0 / 5 (50)
Facebook
5.0 / 5 (40)

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
742 Thimble Shoals Boulevard, Newport News, VA 23606
  • Refinance

Why choose this provider?

Based in Newport News, M&M Mortgage Team is an independent mortgage brokerage. Owned by Lori Marrow, the company offers purchase loans like FHA, VA, USDA, and jumbo loans. It also has fixed-rate and adjustable-rate mortgages. Additionally, M&M Mortgage Team provides refinance loans for clients looking to lower interest rates or monthly payments, consolidate debt, make home improvements, or take cash out. Lori has over 30 years of experience in the mortgage industry.

License Verified:

License: 1883990

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 (11)
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
Friendliness
Helpfulness
Detail

Website
804 Omni Boulevard, Newport News, VA 23606
  • Refinance

Why choose this provider?

Jeremy Jordan is a mortgage professional who serves clients in Newport News. He has been in the mortgage industry since 2006. He guides clients who are seeking to purchase a new house or to refinance a loan. He also handles Federal Housing Administration and Veterans Affairs loans, as well as reverse mortgages. Jeremy works with Atlantic Bay Mortgage Group, a privately owned mortgage firm founded in 1997 that offers home purchase lending programs.

License Verified:

License: 211257

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
Facebook
4.4 / 5 (201)
Zillow
4.9 / 5 (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

Website
11719-B Jefferson Avenue, Newport News, VA 23606
  • Refinance

Why choose this provider?

Tidewater Home Funding, LLC, is a mortgage company helping customers in Newport News secure their homes through financing. Founded in 2000, the business accommodates customers needing assistance with VA, FHA, jumbo, and reverse loans. It also offers loans for refinancing, renovation, construction, and a second home for college. The company is affiliated with lenders Benchmark Mortgage Companies and Farmers Bank Home Mortgage. It has also partnered with Tidewater Mortgage Bankers Association and Hampton Roads Chamber to provide a variety of loan options.

License Verified:

License: 41552

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.
4.2
Google
4.0 / 5 (40)
Facebook
5.0 / 5 (9)

Website
825 Diligence Drive, Newport News, VA 23606
  • Refinance

Why choose this provider?

AnnieMac Home Mortgage assists Newport News clients with their mortgage needs. Its team of experts helps individuals and families find and access the residential home loans they need, whether it's FHA loans, VA loans, USDA loans, or other conventional home loans. They also provide loan programs for renovation and construction projects. The company adopts a unique processing and closing system that helps its clients retrieve loans quicker while mitigating risk. It delivers 24/7 updates and client support through an interactive mobile application.

License Verified:

License: 1950057

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 (20)
Facebook
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
3164 William Styron Square North, Newport News, VA 23606
  • Refinance
  • Purchase Transactions

Why choose this provider?

Jimmy Sgambelluri is a Homespire Mortgage's senior loan officer serving clients in Newport News. He has over 20 years of experience handling different loan programs, including FHA, VA, USDA, jumbo, and conventional loans. Whether borrowers are refinancing, building, renovating, or buying residential properties, he aims to simplify the process for them. Before becoming a mortgage professional, Sgambelluri worked in retail. He felt a need for change and applied as a loan originator in a local mortgage company.

License Verified:

License: 615259

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 (30)
Zillow
5.0 / 5 (14)
Facebook
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

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.