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 Massachusetts before hiring.
Showing 2 mortgage lenders in Saugus, 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.
TruNorth Bank
412 Lynn Fells Pkwy, Saugus, MA 01906
9785731300
Beyond Financing, Inc.
999 Broadway 500-N, Saugus, MA 01906
8574101391
What Does a Mortgage Lender in Saugus Cost?
Typical costs for a mortgage loan in Massachusetts include an origination fee of 0.5 to 1 percent of the loan amount, appraisal fees of 400 to 700 dollars, and title insurance ranging from 500 to 1500 dollars. Closing costs usually total 2 to 5 percent 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 license do mortgage lenders need in Massachusetts?
Mortgage lenders in Massachusetts must hold a license from the Division of Banks under the Massachusetts Mortgage Lender and Broker Act. This includes passing a background check and meeting education requirements.
How long does a mortgage loan typically take to close in Massachusetts?
A mortgage loan in Massachusetts usually takes 30 to 45 days to close from application. Delays can occur if the property requires additional inspections or if there are title issues.
Are there special mortgage programs for first time buyers in Massachusetts?
Yes Massachusetts offers programs like MassHousing and ONE Mortgage for first time buyers. These programs provide lower down payments and reduced mortgage insurance requirements.