Find Mortgage Lenders in Worcester, MA
Compare mortgage lenders in Worcester. 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 20 mortgage lenders in Worcester, 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.
What Does a Mortgage Lender in Worcester Cost?
Typical mortgage lender costs in Massachusetts include an origination fee of 0.5 to 1 percent of the loan amount, an appraisal fee of 400 to 700 dollars, and title insurance of 500 to 1,500 dollars. Closing costs generally range from 2 to 5 percent of the home purchase price. These are general estimates and costs vary by lender, loan type, and property. This information is for general educational purposes and does not constitute 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 Worcester Massachusetts?
You typically need recent pay stubs, W-2 forms, tax returns, bank statements, and photo identification. Massachusetts lenders also require a signed application and authorization to check your credit report.
How long does the mortgage process take in Massachusetts?
The process usually takes 30 to 45 days from application to closing. Massachusetts law gives lenders three business days to provide a loan estimate and requires a three day right of rescission for refinances.
Are there special mortgage programs for first time buyers in Massachusetts?
Yes, the Massachusetts Housing Partnership offers the ONE Mortgage program with low down payments and reduced mortgage insurance. Worcester also has local down payment assistance programs through the city and state.