Find Mortgage Lenders in Scranton, PA
Directory of mortgage lenders in Scranton, Pennsylvania. Verify credentials with the state state mortgage licensing authority before hiring.
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 Pennsylvania before hiring.
Showing 14 mortgage lenders in Scranton, PA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Scranton Pennsylvania home buyers and refinancers work with mortgage lenders to secure home loans. Pennsylvania law requires a mortgage broker license for any individual or company that arranges loans for a fee. Local lenders in Scranton understand the Lackawanna County real estate market and can guide you through state specific disclosure rules.
What Does a Mortgage Lender in Scranton Cost?
Typical costs for a mortgage lender in Pennsylvania include an origination fee of 0.5 to 1 percent of the loan amount, an appraisal fee of 400 to 700 dollars, and a credit report fee of 30 to 50 dollars. Pennsylvania also requires a mortgage recording tax of 0.5 percent on the loan amount. These costs vary by lender and loan type. 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 does a mortgage lender need in Pennsylvania?
A mortgage lender in Pennsylvania must hold a license from the Pennsylvania Department of Banking and Securities. This license requires a surety bond and annual renewal. Borrowers can verify a lenders license on the department website.
How long does a mortgage pre approval last in Scranton?
A mortgage pre approval in Scranton typically lasts 60 to 90 days. After that period the lender may need to recheck your credit and income. Some lenders offer extensions if your financial situation has not changed.
What are typical closing costs for a mortgage in Scranton Pennsylvania?
Closing costs in Scranton usually range from 2 to 5 percent of the loan amount. These costs include title insurance, appraisal fees, and recording fees. Pennsylvania also charges a state transfer tax of 1 percent on the sale price.