The 7 Best Mortgage Brokers in New York

Finding the right mortgage broker in a bustling city like New York can be a daunting task. With countless options available, how do you choose the one that best suits your needs? Our guide to the 7 Best Mortgage Brokers in New York is here to help you navigate through this complex process. Whether you’re a first-time homebuyer or looking to refinance, understanding the role of a mortgage broker and what to look for can make all the difference.

Mortgage brokers act as intermediaries between borrowers and lenders, offering a range of services to ensure you secure the best possible deal. Here’s a glimpse of what you can expect:

  • Loan Comparison: Access to a variety of loan options from multiple lenders to find the most competitive rates.
  • Financial Consultation: Personalized advice tailored to your financial situation and long-term goals.
  • Application Assistance: Help with completing and submitting loan applications, ensuring accuracy and efficiency.
  • Negotiation: Skilled negotiation with lenders to secure favorable terms and conditions.
  • Credit Analysis: Evaluation and advice on improving your credit score to qualify for better loan terms.

When choosing a mortgage broker, consider these crucial aspects:

  • Experience and Reputation: Look for brokers with a proven track record and positive client reviews.
  • Fee Structure: Understand the fees involved, which can vary from a flat fee to a percentage of the loan amount.
  • Licensing and Credentials: Ensure the broker is licensed and in good standing with relevant regulatory bodies.
  • Communication and Transparency: Choose someone who communicates clearly and keeps you informed throughout the process.

With this guide, you’ll be well-equipped to find a mortgage broker in New York who can turn your homeownership dreams into reality.

7

Number of companies

370

Verified reviews

4,93

Average rating

Standard Capital
(212)3908862

1. Standard Capital

★ ★ ★ ★ ★ 4,9/5
40 Wall St F29, 10005.0, New York
  • Investment bank
  • Finance broker
  • Financial institution

Why we chose them

Standard Capital Inc. stands out in the financial industry as a comprehensive service provider, offering a range of solutions including investment banking, finance brokerage, and functioning as a financial institution. They specialize in delivering tailored financing options to small and medium-sized businesses nationwide, addressing diverse needs such as inventory funding, payroll purposes, expansion, and renovations. Their commitment to business growth and development is evident in their extensive product offerings, designed to cater to the dynamic requirements of their clients.

The company emphasizes a streamlined process for accessing both bank and non-bank loans, as well as alternative financing solutions. Their user-friendly approach includes detailed FAQs and a straightforward loan prequalification system, ensuring that businesses can easily explore their short and long-term loan options. By focusing on flexibility and customer-centric services, Standard Capital Inc. has positioned itself as a reliable partner for businesses seeking financial support for various operational and growth initiatives.

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Dotbig
(800)7166855

2. Dotbig

★ ★ ★ ★ ★ 4,9/5
1177 6th Ave 5th Floor, 10036.0, New York
  • Finance broker

Why we chose them

DotBig is an esteemed international finance broker that has been providing exceptional trading services since 2003. With a focus on accessibility and support, the company offers traders access to a wide range of financial markets, including foreign exchange, stocks, cryptocurrencies, and commodities. The platform supports traders with multilingual assistance, including English and Russian, through a dedicated 24/7 call center. A team of experienced analysts is available to guide both novice and professional traders, ensuring a comprehensive understanding of market dynamics. Users benefit from the convenience of various trading platforms, including Web Trader and mobile trading, coupled with advanced tools like DotBig Signals and social trading features.

The company prides itself on its commitment to safety and profitability. By leveraging modern data encryption technologies, DotBig ensures that clients’ funds and personal information are securely protected. Traders can take advantage of a bonus program, low spreads, and a small initial deposit to maximize profits. Educational resources, such as videos and books, are provided to enhance trading skills, while innovative features like automatic news evaluation and copy trading allow investors to make informed and strategic decisions. With a focus on transparency, DotBig operates without hidden fees, offering a seamless trading experience that caters to a diverse global client base.

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Block Financial Resources
(212)9330157

3. Block Financial Resources

★ ★ ★ ★ ★ 4,8/5
1123 Broadway #921, 10010.0, New York
  • Mortgage broker

Why we chose them

Block Financial Resources, a boutique mortgage brokerage nestled in the heart of Manhattan, stands out in the bustling New York City market due to its commitment to elite customer service and a personalized, hands-on approach. With over 15 years of experience, they have established themselves as a top-rated mortgage broker, praised for their integrity, price transparency, and swift turnaround times. The firm leverages advanced technology to streamline the loan documentation process, allowing for quicker closings and a seamless experience for clients. This dedication to service ensures that every client, whether looking to pre-qualify, refinance, or secure a commitment letter, receives attentive and informed support throughout their mortgage journey.

The brokerage offers a wide range of loan products, including options for first-time homebuyers, jumbo mortgages, and various government-backed programs. By partnering with over 50 wholesale lenders, they are able to secure lower interest rates and favorable terms tailored to individual needs. Known for their transparency and convenience, the entire mortgage process can be managed digitally through their secure platform, providing clients with constant updates and easy access to their loan status. With a focus on education and client advocacy, the company consistently scours the market to find the best lenders and loan scenarios, ensuring a financially satisfying experience for all clients.

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Credit Capital
(212)3012454

4. Credit Capital

★ ★ ★ ★ ★ 4,9/5
40 Wall St #2859, 10005.0, New York
  • Finance broker
  • Financial institution

Why we chose them

Credit Capital stands out in the financial services industry by offering specialized solutions for small and medium-sized businesses across the nation. With a strong emphasis on providing lines of credit and working capital options, the company leverages an extensive network of bank and non-bank lending partners. This strategic approach enables them to deliver top-tier financing options, bridging the gap between Wall Street and Main Street. Businesses can benefit from a revolving credit line of up to $250,000, ensuring financial flexibility at their fingertips.

In addition to their line of credit services, Credit Capital provides businesses with short-term financing options, offering working capital loans of up to $1 million within 48 hours. As a prominent finance broker and financial institution, they are committed to supporting the financial growth and stability of businesses nationwide. This dedication to excellence and rapid service delivery is why we have chosen to feature them in our directory.

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Wisco Capital
(516)4486465

5. Wisco Capital

★ ★ ★ ★ ★ 5,0/5
405 Lexington Ave Suite 808, 10174.0, New York
  • Financial consultant
  • Business to business service
  • Finance broker

Why we chose them

Wisco Capital stands out as a leader in providing comprehensive financial solutions tailored specifically for small and mid-cap businesses. With a focus on delivering working capital, commercial real estate financing, and business lines of credit, the company offers a diverse range of services designed to meet the varied needs of business owners. Their expertise extends to financial consulting, business-to-business services, and finance brokering, making them a versatile partner in navigating complex financial landscapes. The company’s user-friendly and efficient application process ensures that businesses can access funds swiftly, often within 24 hours, setting them apart from traditional lenders.

Offering a wide array of loan products, Wisco Capital is committed to educating clients on the best financial options available. From SBA Loans and term loans to equipment financing and invoice financing, their solutions are designed to support the growth and operational needs of businesses. Their unique approach, known as #thewiscoway, emphasizes competitive interest rates and flexible spending terms. The company also provides innovative options like merchant cash advances and small business startup loans, catering to the dynamic needs of emerging and established businesses alike. With a dedicated team, Wisco Capital prioritizes transparency and trust, ensuring clients have the tools and knowledge to make informed financial decisions.

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The Funding Store
(212)3650025

6. The Funding Store

★ ★ ★ ★ ★ 5,0/5
48 Wall St Suite 1100 Office 1228, 10005.0, New York
  • Mortgage broker

Why we chose them

The Funding Store, established in 2010, has built a reputation for providing exceptional mortgage services, offering clients a comprehensive range of loan options tailored to fit their unique needs. As a distinguished mortgage broker, the company prides itself on delivering a personalized loan experience, utilizing a wide network of over 100 investors to secure the best rates. They cater to various loan programs, including 30-year mortgages, ARMs, VA loans, and more, ensuring clients receive the most competitive offers available. With a commitment to treating each customer as an individual, the company employs a “common sense” approach to mortgage lending, setting it apart from traditional banking formulas.

The company’s mission is to assist clients in achieving their homeownership dreams with confidence and ease. Their process is streamlined, offering fast funding solutions and leveraging cutting-edge technology alongside traditional customer service. Clients can quickly get pre-qualified online, allowing them to make informed offers on their dream homes. The team’s local knowledge and expertise ensure they can navigate the complexities of the market effectively, providing a seamless experience from the initial consultation to closing. The Funding Store stands out for its dedication to client satisfaction, evidenced by stellar reviews and a commitment to delivering the highest levels of service.

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Hasanov Capital
(646)3304601

7. Hasanov Capital

★ ★ ★ ★ ★ 5,0/5
477 Madison Ave 6th Floor, Suite 612, 10022.0, New York
  • Mortgage broker

Why we chose them

Hasanov Capital stands out as a premier choice in the mortgage brokerage industry, offering tailored solutions to meet diverse financial needs. Recognized for its client-centric approach, the company prioritizes personalized service and expert guidance, ensuring that clients navigate the complexities of home financing with ease. With a deep understanding of the market dynamics, they are adept at securing competitive rates and terms, making the dream of homeownership accessible to a wide array of clients.

We selected this company for our directory due to its commitment to excellence and proven track record in delivering exceptional mortgage brokerage services. Their team of dedicated professionals is known for their transparency and integrity, providing clear and concise information throughout the mortgage process. By focusing on building lasting relationships, they have earned the trust and loyalty of a growing client base, setting a benchmark in the industry for reliability and expertise.

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FAQs

What services do mortgage brokers in New York offer?

Mortgage brokers in New York provide services such as loan comparison, financial consultation, application assistance, negotiation with lenders, and credit analysis to help you secure the best mortgage deal.

How much do mortgage broker services cost in New York?

The cost of mortgage broker services in New York typically ranges from 1% to 2% of the loan amount, or a flat fee of €1,500 to €3,000.

How long does it take to secure a mortgage through a broker in New York?

The process of securing a mortgage through a broker in New York can take anywhere from 2 to 6 weeks, depending on the complexity of your financial situation and the responsiveness of the involved parties.

What should I consider when choosing a mortgage broker in New York?

When choosing a mortgage broker in New York, consider their experience, reputation, fee structure, licensing, and communication style to ensure they meet your needs.

Are mortgage brokers licensed in New York?

Yes, mortgage brokers in New York must be licensed and in good standing with relevant regulatory bodies to operate legally.

What are the benefits of using a mortgage broker in New York?

Using a mortgage broker in New York offers benefits such as access to multiple lenders, personalized financial advice, assistance with paperwork, and skilled negotiation for better terms.

Can a mortgage broker help improve my credit score?

Yes, a mortgage broker can offer credit analysis and advice on improving your credit score, which may help you qualify for better loan terms.

How do mortgage brokers negotiate better rates for me?

Mortgage brokers negotiate better rates by leveraging their relationships with multiple lenders and presenting your financial profile in the best light to secure favorable terms.

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