Find Mortgage Brokers Near You in Auburn, MA
Looking for a mortgage broker in Auburn? 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 Massachusetts before hiring.
Showing 19 mortgage brokers in Auburn, 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.
Mortgage brokers in Auburn Massachusetts help home buyers and refinancing homeowners find suitable loan products from multiple lenders. Massachusetts law requires mortgage brokers to be licensed by the Division of Banks and follow strict disclosure rules under M.G.L. Chapter 255E. Working with a local broker can simplify the process of securing a mortgage for a home in Worcester County.
What Does a Mortgage Broker in Auburn Cost?
Typical mortgage broker costs in Massachusetts range from 1% to 2% of the loan amount, often between $2,000 and $5,000 on a $300,000 loan. Some brokers charge a flat fee instead of a percentage. You may also pay third party costs for appraisal and credit report. Costs vary by case 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 license does a mortgage broker need in Massachusetts?
Mortgage brokers in Massachusetts must hold a valid license from the Division of Banks under M.G.L. Chapter 255E. They also must register with the Nationwide Multistate Licensing System (NMLS) and pass a background check.
How do mortgage broker fees work in Massachusetts?
Brokers typically charge a fee of 1% to 2% of the loan amount, which may be paid by the borrower or the lender. Massachusetts law requires full disclosure of all fees in a Loan Estimate within three business days of application.
Can a mortgage broker help with first time home buyer programs in Auburn?
Yes. A broker can connect you with MassHousing or other state programs that offer down payment assistance and lower rates for first time buyers in Auburn. These programs have specific income and purchase price limits.