Find Mortgage Brokers in Plymouth, MN
Looking for a mortgage broker in Plymouth? 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 Minnesota before hiring.
Showing 18 mortgage brokers in Plymouth, MN
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
What Does a Mortgage Broker in Plymouth Cost?
Mortgage broker costs in Minnesota usually range from 1% to 3% of the loan amount. This can include an origination fee and processing fees. For a $300,000 loan the broker fee might be between $3,000 and $9,000. Some brokers are paid by the lender through yield spread premiums which can reduce upfront costs for the borrower. Costs vary by loan type and lender. 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 license does a mortgage broker need in Minnesota?
A mortgage broker in Minnesota must hold a valid license from the Minnesota Department of Commerce. They must also register with the Nationwide Multistate Licensing System NMLS and complete annual continuing education.
How do mortgage broker fees work in Plymouth?
Broker fees are typically paid by the borrower or the lender and are disclosed in the Loan Estimate. In Minnesota the broker must provide a Good Faith Estimate of fees within three business days of a loan application.
Can a mortgage broker help with first time home buyer programs?
Yes a broker can guide you to Minnesota first time home buyer programs such as the Minnesota Housing Finance Agency loans. These programs may offer down payment assistance and lower interest rates for qualified buyers in Plymouth.