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 Massachusetts before hiring.
Showing 6 mortgage brokers in Acton, MA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Lilia Flores, Barrett Sotheby's International Realty
525 Massachusetts Ave, Acton, MA 01720
7742457690
Vanessa Gulati Rhoads Realty
2 Knowlton Dr, Acton, MA 01720
7818568914
Mortgage, Bank of America
271 Great Rd, Acton, MA 01720
9786088135
Jeff Perkins - Mortgage Loan Officer
408 Massachusetts Ave, Acton, MA 01720
9787715651
Edward Jones - Financial Advisor: Gerald H Breen
77 Great Rd, Acton, MA 01720
9786351525
Cherie Murra, Acton Area Homes
525 Massachusetts Ave #105, Acton, MA 01720
9785028611
What Does a Mortgage Broker in Acton Cost?
Mortgage brokers in Massachusetts typically charge a fee of 1% to 2% of the loan amount. This fee might be paid by the borrower the lender or split between them. For a $500,000 loan the broker fee could range from $5,000 to $10,000. Some brokers charge a flat fee instead. Always ask for a written breakdown of all fees before proceeding. This information is general 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 Acton Massachusetts?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information shop for loan options and help you complete the application process. In Massachusetts brokers must provide a Good Faith Estimate of fees within three business days of your application.
Do I need a license to be a mortgage broker in Massachusetts?
Yes. Mortgage brokers in Massachusetts must hold a valid license from the Division of Banks. They also must pass a background check and complete pre-licensing education. You can verify a brokers license on the Nationwide Multistate Licensing System website.
What documents do I need to apply with a mortgage broker?
You will typically need recent pay stubs W-2 forms tax returns bank statements and proof of assets. For self-employed borrowers Massachusetts lenders often require two years of tax returns. Your broker will guide you on any additional documents needed for your specific loan type.