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 New York before hiring.
Showing 4 mortgage brokers in Glen Cove, 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.
Azaria Solutions Corp. Mahshid Azarian CEO
10 Cedar Swamp Rd Suite #12, Glen Cove, NY 11542
5167366467
Harbor Funding Group Inc
45 Cedar Swamp Rd Unit 1, Glen Cove, NY 11542
5166093000
Mortgage, Bank of America
111 Forest Ave, Glen Cove, NY 11542
9146502457
Chase Home Lending
100 Village Sq Ste 160, Glen Cove, NY 11542
9175530620
What Does a Mortgage Broker in Glen Cove Cost?
Mortgage brokers in New York typically charge a fee ranging from 1% to 2% of the loan amount. For a $400,000 loan, this could mean $4,000 to $8,000 in broker compensation. Some brokers may also receive a yield spread premium from the lender. Costs vary based on loan complexity and broker policies. 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 in Glen Cove do?
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. In New York, brokers must disclose their fees and any lender compensation upfront.
How do I choose a mortgage broker in Glen Cove?
Look for a broker who is licensed through the Nationwide Multistate Licensing System (NMLS). Check their history on the NMLS Consumer Access website. Ask about their experience with local properties and specific loan types like FHA or conventional loans.
Are mortgage brokers required to have a license in New York?
Yes, New York requires all mortgage brokers to hold a valid license under Article 12-D of the Banking Law. They must also complete annual continuing education. You can verify a brokers license through the New York State Department of Financial Services.