Mortgage Lenders in Burlington, VT
Looking for a mortgage lender in Burlington? Review the directory below to compare your options.
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 Vermont before hiring.
Showing 9 mortgage lenders in Burlington, VT
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 Burlington Cost?
Typical costs for a mortgage lender in Vermont include origination fees which range from 0.5 percent to 1 percent of the loan amount. Appraisal fees in Burlington average 400 to 700 dollars and title search costs range from 200 to 500 dollars. Closing costs in Vermont generally 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 Vermont?
Mortgage lenders in Vermont must hold a license from the Vermont Department of Financial Regulation under the Vermont Mortgage Broker and Lender Licensing Act. This ensures they follow state regulations for loan origination and servicing.
How long does the mortgage approval process take in Burlington?
The mortgage approval process in Burlington typically takes 30 to 45 days from application to closing. Vermont law requires lenders to provide a Loan Estimate within three business days of receiving your application.
What documents do I need to apply for a mortgage in Vermont?
You will need proof of income such as pay stubs and tax returns bank statements and a valid ID. Vermont lenders also require a signed purchase and sale agreement if you are buying a home.