Mortgage brokers in Cranston, Rhode Island help home buyers and refinancers find suitable loan products from multiple lenders. Rhode Island law requires mortgage brokers to be licensed through the Rhode Island Department of Business Regulation. Working with a local broker can give you access to Rhode Island specific programs like the Rhode Island Housing down payment assistance.
What Does a Mortgage Broker in Cranston Cost?
Typical mortgage broker fees in Rhode Island range from 1 percent to 2 percent of the loan amount. For a 300,000 dollar loan, this could be 3,000 to 6,000 dollars. Some brokers charge a flat fee instead, often between 2,500 and 5,000 dollars. Costs vary based on loan type, loan size, and the specific broker. 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.
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Mortgage Brokers in Other Rhode Island Cities
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