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 2 mortgage brokers in Chestnut Hill, 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.
William Raveis Real Estate - Brookline
191 Grove St, Chestnut Hill, MA 02467
(617) 731-7737
raveis.com
Donald J. Malloy mortgage broker
92 Fairway Rd, Chestnut Hill, MA 02467
(617) 505-5575
donaldmalloy.com
What Does a Mortgage Broker in Chestnut Hill Cost?
Mortgage broker fees in Massachusetts typically range from 1% to 2% of the loan amount, though some brokers charge a flat fee between $2,500 and $5,000. You may also pay for an appraisal, credit report, and other third party costs. Massachusetts law limits certain origination fees and requires full disclosure of all charges on the Loan Estimate form. 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 do in Chestnut Hill?
A mortgage broker acts as an intermediary between you and multiple 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 closing costs within three business days of application.
How is a mortgage broker different from a bank loan officer?
A mortgage broker works with many lenders to find a loan that fits your needs, while a bank loan officer only offers products from that one bank. Massachusetts law requires brokers to disclose any fees they receive from lenders and to act in your best interest under the state fiduciary standard.
What documents do I need to apply with a mortgage broker in Massachusetts?
You typically need recent pay stubs, W-2 forms, tax returns for the past two years, bank statements, and proof of assets. Massachusetts also requires a signed disclosure of any pre-payment penalties or adjustable rate features before you commit to a loan.