Find Mortgage Brokers Near You in Franklin Square, NY
Directory of mortgage brokers in Franklin Square, New York. Verify credentials with the state state mortgage licensing authority before hiring.
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 New York before hiring.
Showing 6 mortgage brokers in Franklin Square, NY
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 Franklin Square, New York help homebuyers and homeowners find suitable loan products from multiple lenders. They are licensed by the New York State Department of Financial Services under Article 12-D of the Banking Law. Brokers can assist with conventional loans, FHA loans, and New York-specific programs like SONYMA.
What Does a Mortgage Broker in Franklin Square Cost?
Mortgage brokers in New York typically charge an origination fee of 1% to 2% of the loan amount. Some brokers charge a flat fee ranging from 2,000 to 5,000 dollars. You may also pay third-party costs like appraisal and credit report fees. Costs vary by loan size and complexity. 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 Franklin Square?
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. They do not lend money directly but connect you with lenders who do.
How do I choose a mortgage broker in Franklin Square?
Look for a broker licensed with the New York State Department of Financial Services. Check their experience with local properties and ask about their fee structure. You can verify a brokers license on the NMLS Consumer Access website.
What documents do I need to apply for a mortgage in New York?
You typically need pay stubs, tax returns, bank statements, and proof of assets. New York may require additional documentation for co-ops or condos. Your broker will provide a complete list based on your loan type.