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 Maryland before hiring.
Showing 5 mortgage brokers in College Park, 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.
Fortis Mortgage
7761 Diamondback Dr, College Park, MD 20742
3017314300
Lendmark Financial Services LLC
4732 Cherry Hill Rd, College Park, MD 20740
3018875200
PRMG
6100 Westchester Park Dr Suite CU-2, College Park, MD 20740
4436806963
Norcom Mortgage : Michael Chelst
6321 Greenbelt Rd #102, College Park, MD 20740
2403875033
CeeClarke Certified Loan Originator
6100 Westchester Park Dr Suite CU-2, College Park, MD 20740
3015239711
What Does a Mortgage Broker in College Park Cost?
Mortgage broker fees in Maryland typically range from 1 percent to 2 percent of the loan amount. For a 300000 dollar home this could be 3000 to 6000 dollars. Some brokers are paid by the lender through a yield spread premium which may reduce your upfront costs. Always ask for a written Loan Estimate that details all fees. 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 College Park?
A mortgage broker acts as an intermediary between you and multiple lenders to find a home loan that fits your needs. They gather your financial documents compare rates and terms and handle the application process. Unlike a loan officer at one bank a broker can shop around for you.
Do I need a mortgage broker to buy a home in Maryland?
No you do not need a broker you can apply directly with a bank or credit union. However a broker can save you time by comparing offers from several lenders at once. This can be helpful in competitive markets like College Park near the University of Maryland.