Expertise.com

2024

Last updated:

Best Mortgage Brokers in Appleton

Our Recommended Top 4

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

21Reviewed

14Curated

4Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
161 S RiverHeath Way, Appleton, WI 54915
  • Refinance

Why choose this provider?

Commonwealth Mortgage Group assists Appleton residents in achieving their financial and homeownership objectives by offering a wide range of loan options, including VA, USDA, and FHA programs. It guides them through the home buying process, from completing a mortgage pre-approval letter request to comparing interest rates and terms and selecting the option that best fits their needs. Commonwealth Mortgage, a part of the Brokers Are Better Network by The Association of Independent Mortgage Experts, opened its doors to the community in 2007.

License Verified:

License: 254645

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
Zillow
5.0 / 5 (244)
Google
5.0 / 5 (5)

Website
120 N Morrison St, Ste 101 - G, Appleton, WI 54911
  • New Construction

Why choose this provider?

Gwenn Tanvas is a mortgage consultant who offers various loan programs for customers in Appleton. For over 25 years, she has been helping active and retired military, first-time property owners, and homeowners identify the financial solution that suits their needs and goals. She works closely with borrowers to determine the impact of the loan on its clients' finances. Gwen aims to provide a personalized and smooth loan experience by sending text updates and email reminders.

License Verified:

License: 274839

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 (37)
Facebook
5.0 / 5 (21)
Zillow
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

Website
4090 W Spencer Street, Appleton, Wi 54914
  • Reverse Mortgages
  • VA Home Loans
  • Refinance

Why choose this provider?

Mortgage Nerds, LLC, serves clients in the Appleton metro and neighboring communities. It helps individuals find and access various mortgage loan options, including FHA, VA, USDA, jumbo, and conforming loans. It also caters to homeowners looking to refinance their current mortgages to lower their interest rates and monthly payments, take cash out of their home's equity, or revise their loan terms. Brian Hofmann, one of the company's owners, worked as a residential appraiser for 10 years.

License Verified:

License: 1946237

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
4.9 / 5 (361)
Google
4.9 / 5 (269)
Zillow
5.0 / 5 (4)

(+1 additional source)

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
1427 Province Terrace Suite C, Menasha, WI 54915
  • Refinance

Why choose this provider?

For over 10 years, Ryan Hall has been creating mortgage solutions tailored to the individual needs of Appleton clients. The loan officer specializes in helping first-time homebuyers from low- to medium-income brackets obtain USDA mortgages without money-down provision. He educates borrowers on other loan programs, such as conventional, FHA, jumbo, and VA. He also refinances existing loans for people seeking lower payments or cash from their homes’ equity. Hall is affiliated with lender Cherry Creek Mortgage, which operates in over 30 states across the country.

License Verified:

License: 284082

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
Google
4.9 / 5 (101)
Facebook
4.8 / 5 (27)

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
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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.