Find Mortgage Lenders in Cleveland, OH
Browse mortgage lenders serving Cleveland, Ohio. Contact information and addresses listed below.
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 Ohio before hiring.
Showing 20 mortgage lenders in Cleveland, OH
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 Cleveland Ohio help home buyers and homeowners secure financing for property purchases and refinancing. Ohio law requires mortgage loan originators to be licensed through the Ohio Division of Financial Institutions. Cleveland borrowers can work with local banks credit unions and mortgage brokers to find loan options that fit their needs.
What Does a Mortgage Lender in Cleveland Cost?
Typical costs for a mortgage lender in Ohio include an origination fee of 0.5 to 1 percent of the loan amount. Appraisal fees range from 400 to 700 dollars. Closing costs in Cleveland average 2 to 5 percent of the purchase price. These costs vary by lender loan type and property. 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 Ohio?
Mortgage loan originators in Ohio must hold a valid license from the Ohio Division of Financial Institutions. They also must register with the Nationwide Multistate Licensing System. This ensures they meet state education and background check requirements.
How long does a mortgage loan approval take in Cleveland?
A typical mortgage loan approval in Cleveland takes 30 to 45 days from application to closing. Factors like property appraisal and credit review can affect this timeline. Ohio law does not set a specific maximum time for approval.
Are there Ohio specific laws for mortgage lending?
Yes Ohio has specific laws including the Ohio Mortgage Loan Act which sets rules for loan origination and servicing. Ohio also limits prepayment penalties on certain loans. Borrowers have a right to receive a loan estimate within three business days of applying.