Mortgage Brokers in Bethesda, MD
Looking for a mortgage broker in Bethesda? Review the directory below to compare your options.
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 Maryland before hiring.
Showing 15 mortgage brokers in Bethesda, MD
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 Bethesda, Maryland help home buyers and refinancers connect with lenders to secure a home loan. Maryland law requires mortgage brokers to be licensed by the Maryland Department of Labor, Licensing and Regulation. Brokers can assist with conventional, FHA, and VA loans for properties in Montgomery County and the wider DC area.
What Does a Mortgage Broker in Bethesda Cost?
Mortgage broker fees in Maryland typically range from 1% to 2% of the loan amount. For a $400,000 home, this could be $4,000 to $8,000. Some brokers charge a flat fee of $2,500 to $5,000. Costs can also include origination fees, application fees, and third party charges like appraisals. Note that 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 does a mortgage broker do in Bethesda?
A mortgage broker acts as an intermediary between you and multiple lenders. They gather your financial information, shop for loan options, and help you choose a mortgage product that fits your needs. In Maryland, brokers must follow state disclosure rules and provide a Loan Estimate within three business days of application.
How do I choose a mortgage broker in Maryland?
Look for a licensed broker with experience in your specific loan type. Check their standing with the Maryland Department of Labor and read client reviews. Ask about their fee structure and how they get paid, as Maryland law requires clear disclosure of all compensation.
Are there Maryland specific laws for mortgage brokers?
Yes. Maryland requires mortgage brokers to hold a license and follow the Maryland Mortgage Lender Law. Brokers must provide a Good Faith Estimate and a Truth in Lending disclosure. The state also limits prepayment penalties on certain loans and requires a three day right of rescission for refinances.