What Does a Mortgage Broker in Cumberland Cost?
Mortgage broker costs in Rhode Island typically include an origination fee of 0.5% to 1.5% of the loan amount, plus third party fees for appraisal, credit report, and title search. For a $300,000 loan, origination fees might range from $1,500 to $4,500. Some brokers charge a flat fee instead of a percentage. Rhode Island law requires brokers to provide a Loan Estimate within three business days of application. 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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