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 California before hiring.
Showing 2 mortgage brokers in Pacific Grove, 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.
Ascend Mortgage
199 17th St suite f, Pacific Grove, CA 93950
8317471441
Terry Nance- Reverse Mortgage Specialist
306 1st St, Pacific Grove, CA 93950
8316579239
What Does a Mortgage Broker in Pacific Grove Cost?
Mortgage broker fees in California typically range from 1% to 2% of the loan amount. For a $500,000 loan, this means $5,000 to $10,000 in broker compensation. Some brokers charge a flat fee instead of a percentage. Additional costs include appraisal fees ($400 to $700), credit report fees ($30 to $50), and title insurance. Costs vary by loan type, property value, 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 mortgage broker do in Pacific Grove?
A mortgage broker acts as an intermediary between borrowers and lenders. They gather financial documents, compare loan offers from different banks, and help you choose a mortgage that fits your budget and goals.
Are mortgage brokers regulated in California?
Yes. Mortgage brokers in California must hold a license from the Department of Financial Protection and Innovation. They must also follow the California Residential Mortgage Lending Act and federal Truth in Lending Act rules.
How long does a mortgage application take in California?
A typical mortgage application in California takes 30 to 45 days from application to closing. Complex cases or high loan amounts may take longer. Brokers help speed up the process by organizing documents early.