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 Florida before hiring.
Showing 5 mortgage brokers in Merritt Island, FL
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Jake Malesh, Mortgage Broker NMLS #2129513
2617 The Trails at Hidden Harbor, Merritt Island, FL 32952
3214822460
Mortgage, Bank of America
15 E Merritt Island Cswy, Merritt Island, FL 32952
3213513711
Mortgage Solutions of Fl Corp
375 S Courtenay Pkwy #8, Merritt Island, FL 32952
3218488379
The Home Team of Direct Mortgage Loans
76 E Merritt Island Cswy, Merritt Island, FL 32953
3212235095
Jamie King of Direct Mortgage Loans
76 E Merritt Island Cswy, Merritt Island, FL 32953
8137249784
What Does a Mortgage Broker in Merritt Island Cost?
Mortgage broker fees in Florida typically range from 1 to 3 percent of the loan amount. For a 300,000 dollar loan, this could be 3,000 to 9,000 dollars. Some brokers charge a flat fee instead of a percentage. You may also pay third-party costs like appraisal fees (400 to 700 dollars) and credit report fees (30 to 50 dollars). Florida law requires brokers to disclose all fees in writing before you apply. 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 Florida?
A mortgage broker in Florida must hold a valid license from the Florida Office of Financial Regulation under Chapter 494. They must also pass a background check and complete continuing education courses each year.
How long does a typical mortgage approval take in Merritt Island?
A mortgage approval in Florida usually takes 30 to 45 days from application to closing. Delays can occur due to appraisal issues or missing documents. Local brokers can help speed up the process by coordinating with lenders.
Are there Florida-specific costs I should expect when using a mortgage broker?
Yes. Florida charges a documentary stamp tax on mortgages, which is 0.35 per 100 dollars of the loan amount. You may also pay for title insurance, survey fees, and flood zone determination. A broker will explain all costs in a good faith estimate.