Why Choose Alpine Mortgage
Alpine Mortgage Services, LLC (NMLS #56905) is an independent wholesale mortgage broker licensed in ten states: California, Colorado, Connecticut, Florida, Georgia, New Jersey, New York, Ohio, Pennsylvania and Texas. Founded in 2002 and led by Steven Parangi, a licensed mortgage loan originator (NMLS #76024) and attorney with over 20 years of experience, Alpine shops each loan across a network of more than 30 wholesale lenders to find the most competitive rate and the right program for each borrower. This page explains how the wholesale broker model works, how it differs from a retail bank and why borrowers choose Alpine.
Alpine Mortgage At a Glance
What Is a Wholesale Mortgage Broker?
A wholesale mortgage broker is a licensed company that submits your loan to multiple wholesale lenders and lets them compete for your business rather than offering a single institution's products. A retail bank or direct lender shows you only its own rate sheet and its own loan programs. A broker shops your file across many lenders at once which means more pricing options and more programs for borrowers who do not fit a single bank's box.
Wholesale lenders do not work with the public directly. They price loans through brokers because brokers handle the borrower relationship and the loan file which lets the lender operate at lower cost. That wholesale pricing is part of why a broker can often beat a retail quote. Broker compensation is disclosed on your Loan Estimate and is regulated under federal lending law so there is no hidden markup buried in your rate.
Why Borrowers Choose Alpine Mortgage Over a Bank
When you walk into a bank for a mortgage you see only that bank's pricing and only that bank's loan products. As an independent wholesale broker, Alpine works differently:
We Shop Multiple Wholesale Lenders
Different lenders price different loan scenarios more aggressively. The lender most competitive on conventional loans isn't always the best for FHA, jumbo or self employed borrowers. We compare pricing across a network of more than 30 wholesale lenders and present the most competitive option for your situation.
More Flexible Underwriting
Banks typically have rigid lending criteria and you would get declined if you don't fit the standard borrower profile. Brokers have access to lenders who specialize in self employed borrowers, jumbo loans, investment properties, post bankruptcy buyers and other situations banks routinely turn down.
Direct Access to Your Loan Officer
No call centers. No being transferred between departments. You have your loan officer's direct line from application through closing. Questions get answered the same day and you always know where your loan stands.
Lower Credit Thresholds
Many retail banks set a 620 to 680 minimum credit score. Alpine accepts conventional scores with no minimum credit scores, FHA from 500 with the required down payment and offers non-QM and DSCR programs that qualify on bank statements or property cash flow.
Best Rate Guarantee
If you find a better rate from another lender we'll match or beat it. Show us a competing lender's locked rate and Loan Estimate on the day it was locked and we'll work to match or beat it. We can make this promise because we have access to wholesale pricing.
Transparent Fees
Our fees are disclosed upfront. No extra fees hidden in the fine print and no junk fees appearing at closing. You'll know exactly what you're paying before you commit.
Wholesale Broker vs. Retail Bank
The difference comes down to choice. A broker brings many lenders to your file; a bank brings one. Here is how that plays out:
| Feature | Alpine Mortgage (Wholesale Broker) | Retail Bank or Direct Lender |
|---|---|---|
| Lender options | A network of 30+ wholesale lenders competing for your loan | One institution's products only |
| Pricing | Wholesale rate sheets, lenders compete on price | A single retail rate sheet |
| Program range | Conventional, FHA, VA, jumbo, non-QM, DSCR, reverse | Standard products; non-standard files often declined |
| Credit thresholds | Conventional no minimum, FHA from 500, non-QM options | Often a 640 to 680 minimum |
| Point of contact | The same loan officer from application through closing | Often handed between application, processing and closing teams |
| Lender fee | Flat fee, disclosed upfront | Varies; may include origination points |
| Rate guarantee | Best Rate Guarantee: show a competing locked rate and we beat it | Not typically offered |
A bank can still be the right choice when you already have a relationship and pricing there. For most borrowers comparing options, a broker provides more competition for the loan.
Meet the Founder of Alpine Mortgage
Alpine was founded by Steven Parangi, who is a licensed mortgage loan originator (NMLS #76024) and a licensed attorney, admitted to the New Jersey Bar in 2000 and the New York Bar in 2001, with over 20 years of experience in residential lending. That background means the person leading Alpine understands not just loan pricing but the legal and regulatory side of a mortgage transaction from disclosure rules to title and closing mechanics.
Steven works directly with borrowers and content published on AlpineBanker.com is reviewed regularly by him to reflect current lending guidelines and market conditions. You can verify both Alpine's company license and Steven's individual license on the NMLS Consumer Access database.
Read Steven's full bio, credentials and client reviews →
Licensed, Regulated and Verifiable
Alpine Mortgage Services, LLC operates under NMLS #56905 and is licensed to originate residential mortgages in California, Colorado, Connecticut, Florida, Georgia, New Jersey, New York, Ohio, Pennsylvania and Texas. Mortgage companies and loan originators are listed in the Nationwide Multistate Licensing System, the public registry maintained for state regulators.
You can confirm Alpine's licenses, registered states and disciplinary history for free at NMLS Consumer Access by searching NMLS #56905 (company) or NMLS #76024 (Steven Parangi).
Alpine Mortgage by State
Alpine serves borrowers across all ten of its licensed states. For local loan programs, market detail and rates, choose a state:
Ready to Get Started?
Compare your options with a broker that shops the whole market for you. The next step depends on where you are:
Or call (201) 488-8809 to speak with a mortgage originator today.
Steven Parangi is a licensed mortgage loan originator (NMLS #76024) and attorney with over 20 years of experience in residential home lending. As the founder of Alpine Mortgage, Steven works directly with borrowers to review their mortgage options and assist them throughout the home financing process. Content published on AlpineBanker.com is reviewed regularly by Steven to reflect current lending guidelines and market conditions.
View full author profile →Frequently Asked Questions
A wholesale mortgage broker is a licensed company that submits your loan to multiple wholesale lenders and lets them compete for your business instead of offering one institution's products. Wholesale lenders do not work with the public directly so they price loans through brokers. Because a broker shops your file across many lenders at once it usually means more pricing options and more loan programs than any single bank can offer.
A broker has access to wholesale rate sheets and makes lenders compete for your loan which frequently produces a lower rate than a single retail bank quote. Alpine also offers a Best Rate Guarantee: show a competing lender's locked rate and Loan Estimate on the day the loan is locked and Alpine will work to match or beat it. A bank can still win when you have existing relationship pricing which is why comparing both is worthwhile.
Broker compensation is disclosed on your Loan Estimate and is regulated under federal lending law so it is never a hidden markup in your rate. Compensation is either paid by the lender or by the borrower and the structure is shown to you before you commit.
Yes. Alpine Mortgage Services, LLC is a licensed mortgage broker operating under NMLS #56905, licensed in ten states. You can verify the company license, the states it is registered in and any disciplinary history for free at NMLS Consumer Access (nmlsconsumeraccess.org) by searching NMLS #56905. Founder Steven Parangi is individually licensed under NMLS #76024.
Alpine is licensed to originate residential mortgages in ten states: California, Colorado, Connecticut, Florida, Georgia, New Jersey, New York, Ohio, Pennsylvania and Texas.
Conventional loans no longer carry a fixed minimum credit score. As of November 2025, Fannie Mae and Freddie Mac removed the 620 minimum from their automated underwriting which now evaluates your full financial profile so borrowers below 620 can be considered, though approval is not automatic and pricing depends on the overall file. FHA loans go as low as 500 with the required down payment. Many retail banks still apply their own 640 to 680 overlay so as a broker Alpine can place a lower score file with a lender that follows the new risk-based approach or use FHA or non-QM programs instead.
If you find a better rate from another lender Alpine will beat it. Show Alpine a competing lender's locked rate along with the Loan Estimate on the day the rate is locked and Alpine will work to match or beat it. The guarantee is possible because Alpine prices loans through wholesale lenders.
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