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 8 mortgage brokers in Westwood, 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.
Savant Wealth Management
100 Lowder Brook Dr Suite 1000, Westwood, MA 02090
(781) 255-0214
savantwealth.com
Harry Brousaides NorthStar Mortgage
555 High St, Westwood, MA 02090
(508) 451-5840
mortgagelendermass.com
PrimeRate Mortgage, LLC
355 Providence Hwy Suite 250, Westwood, MA 02050
(781) 493-6045
primeratemortgage.web-loans.com
What Does a Mortgage Broker in Westwood Cost?
Mortgage broker fees in Massachusetts typically range from 1% to 2% of the loan amount. Some brokers charge a flat fee of $2,000 to $5,000 depending on the loan complexity. These fees may be paid by the borrower or the lender depending on the arrangement. Massachusetts law requires brokers to disclose all fees in writing before you commit. 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 Westwood Massachusetts?
A mortgage broker acts as an intermediary between you and multiple lenders to find a loan that fits your needs. In Massachusetts brokers must provide a Good Faith Estimate of closing costs and disclose any fees they receive from lenders. They do not lend money directly but help you compare options.
Are mortgage brokers regulated in Massachusetts?
Yes mortgage brokers in Massachusetts must be licensed through the Nationwide Multistate Licensing System and comply with state laws including M.G.L. Chapter 255E. They must also follow the Massachusetts Predatory Home Loan Practices Act which limits certain loan terms and requires full disclosure of costs.
How do I choose a mortgage broker in Westwood?
Look for a broker who is licensed in Massachusetts and has experience with local property types. Ask about their fee structure and check their record with the Division of Banks. It is wise to interview multiple brokers and compare loan estimates before making a decision.