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Showing 3 home equity loan specialists in Marshfield, MA
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James Freeley - Certified Mortgage Planner & Realtor
892 Plain St STE 1, Marshfield, MA 02050
(781) 389-1370
freeleymortgage.com
What Does a Home Equity Loan Specialist in Marshfield Cost?
Typical costs for a home equity loan specialist in Massachusetts include an origination fee of 0.5 to 1 percent of the loan amount and appraisal fees ranging from 300 to 600 dollars. Closing costs often total between 500 and 2000 dollars depending on the lender and loan size. These costs vary by case and lender. This is general information not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What does a home equity loan specialist do in Marshfield?
A home equity loan specialist helps you understand your borrowing options based on your home value and credit profile. They assist with paperwork and explain Massachusetts specific rules like the right of rescission which gives you three business days to cancel the loan.
How much home equity can I borrow in Massachusetts?
Most lenders in Massachusetts allow you to borrow up to 80 percent of your home appraised value minus your mortgage balance. This limit is set by lender policy and federal regulations not by state law. Your specialist can calculate your potential amount based on your Marshfield property.