Find Mortgage Lenders in Medway, MA
Compare mortgage lenders in Medway. Review contact information and insurance categorys before you decide.
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 Massachusetts before hiring.
Showing 8 mortgage lenders in Medway, MA
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 lenders in Medway Massachusetts help homebuyers and homeowners secure financing for property purchases and refinancing. Massachusetts law requires lenders to provide a Good Faith Estimate of closing costs within three business days of a loan application. Local lenders understand the Medway real estate market and can guide you through the state specific mortgage process.
What Does a Mortgage Lender in Medway Cost?
Typical costs for a mortgage lender in Massachusetts include an origination fee of 0.5% to 1% of the loan amount, appraisal fees of $400 to $700, and title search fees of $200 to $400. Closing costs in Massachusetts generally range from 2% to 5% of the purchase price. 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 documents do I need to apply for a mortgage in Medway Massachusetts?
You typically need recent pay stubs, W-2 forms, tax returns, bank statements, and proof of identification. Massachusetts lenders also require a signed purchase and sale agreement for home purchase loans.
How long does the mortgage process take in Massachusetts?
The mortgage process in Massachusetts usually takes 30 to 45 days from application to closing. Massachusetts law requires a three day rescission period for refinances but not for purchase loans.
What is the Massachusetts mortgage recording tax?
Massachusetts charges a mortgage recording tax of 0.23% of the loan amount for most residential mortgages. This tax is paid at closing and is in addition to other closing costs.