Compare Mortgage Lenders in Albany, NY
Compare mortgage lenders in Albany. 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 New York before hiring.
Showing 20 mortgage lenders in Albany, NY
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 Albany Cost?
Typical costs for a mortgage lender in New York include an origination fee of 0.5 to 1 percent of the loan amount, appraisal fees of 400 to 700 dollars, and title insurance costs of 500 to 1,500 dollars. Closing costs in New York often 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 documents do I need to apply for a mortgage in Albany?
You typically need pay stubs, tax returns, bank statements, and photo ID. New York lenders also require proof of homeowners insurance and a property appraisal.
How long does the mortgage process take in New York?
The process usually takes 30 to 45 days from application to closing. New York law requires a three-day right of rescission for most refinances under federal law.
What is the minimum down payment for a home in Albany?
Conventional loans often require 3 to 5 percent down. FHA loans allow 3.5 percent down, and VA and USDA loans may require zero down for eligible borrowers.