Find Mortgage Brokers in Burlingame, CA
Browse mortgage brokers serving Burlingame, California. Contact information and addresses listed below.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of California before hiring.
Showing 20 mortgage brokers in Burlingame, CA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mortgage brokers in Burlingame, California help homebuyers and homeowners find suitable loan products from multiple lenders. These professionals are licensed by the California Department of Financial Protection and Innovation and must follow state regulations on loan disclosures and fee limits. Working with a local broker can provide insight into the competitive San Mateo County real estate market.
What Does a Mortgage Broker in Burlingame Cost?
Typical costs for a mortgage broker in California include an origination fee of 0.5% to 2% of the loan amount, plus third-party fees for appraisal, credit report, and title services. Some brokers charge a flat fee of $1,000 to $3,000. Total closing costs for a home loan in California often range from 2% to 5% of the purchase price. This is general information and 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 license does a mortgage broker need in California?
Mortgage brokers in California must hold a valid license from the California Department of Financial Protection and Innovation or be registered with the Nationwide Multistate Licensing System. They must also pass a background check and complete continuing education each year.
How are mortgage brokers paid in Burlingame?
Mortgage brokers typically earn a commission based on the loan amount, often between 1% and 2% of the loan value. This fee may be paid by the borrower, the lender, or a combination of both. California law requires full disclosure of all compensation in the Loan Estimate form.
Can a mortgage broker help with a jumbo loan in Burlingame?
Yes, many mortgage brokers in Burlingame have access to lenders that offer jumbo loans for high-value properties. These loans exceed the conforming loan limit set by Fannie Mae and Freddie Mac, which in 2024 is $766,550 for most California counties. Brokers can help compare rates and terms from multiple sources.