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 3 mortgage brokers in Seaford, 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.
Richard M. Shane, Shane’s Anchor Realty & All Island Estates Realty
3950 Merrick Rd, Seaford, NY 11783
5169969555
JH Ryan and Company
3948 Merrick Rd, Seaford, NY 11783
5167815607
Shane's Anchor Realty
3950 Merrick Rd, Seaford, NY 11783
5167834540
What Does a Mortgage Broker in Seaford Cost?
Mortgage broker fees in New York typically range from 1% to 2% of the loan amount. For a $400,000 loan this means $4,000 to $8,000 in broker compensation. Some brokers charge a flat fee of $2,000 to $5,000 instead of a percentage. You may also pay application fees credit report fees and appraisal costs. These fees are disclosed on the Loan Estimate you receive within three business days of applying. 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 Seaford New York?
A mortgage broker acts as an intermediary between you and multiple lenders to find a home loan that fits your needs. In New York, brokers must disclose all fees and any lender compensation in writing. They handle paperwork and guide you through the application process.
Do I need a license to be a mortgage broker in New York?
Yes. New York requires mortgage brokers to be licensed by the New York State Department of Financial Services under Banking Law Article 12-D. Brokers must complete pre-licensing education and pass a background check.