Find Mortgage Brokers in Lanham, MD
Directory of mortgage brokers in Lanham, Maryland. Verify credentials with the state state mortgage licensing authority before hiring.
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 5 mortgage brokers in Lanham, 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 Lanham, Maryland help homebuyers and homeowners find loan options from multiple lenders. In Maryland, brokers must be licensed by the Maryland Department of Labor, Licensing and Regulation. They can assist with conventional loans, FHA loans, and VA loans for properties in Prince Georges County.
What Does a Mortgage Broker in Lanham Cost?
Typical mortgage broker costs in Maryland include an origination fee of 0.5% to 1% of the loan amount. Some brokers charge a flat fee between $1,500 and $3,000. You may also pay for a credit report fee of $30 to $50 and an appraisal fee of $400 to $700. Costs vary by loan type 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 in Lanham do?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information and shop for loan terms that fit your needs. They do not lend money directly but help you find the best available offer.
How do I choose a mortgage broker in Lanham Maryland?
Check that the broker is licensed through the Nationwide Multistate Licensing System (NMLS). Ask about their experience with local property types and loan programs. Read online reviews and request a list of recent client references.
Are there specific Maryland laws for mortgage brokers?
Yes, Maryland requires mortgage brokers to follow the Maryland Mortgage Lender Law. Brokers must disclose all fees in a Good Faith Estimate and cannot charge excessive prepayment penalties. They must also provide a Loan Estimate within three business days of your application.