Find Mortgage Lenders Near You in South Burlington, VT
Compare mortgage lenders in South Burlington. 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 Vermont before hiring.
Showing 10 mortgage lenders in South 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 South Burlington Cost?
Typical costs for a mortgage in Vermont include an origination fee of 0.5% to 1% of the loan amount, appraisal fees of $400 to $700, and title insurance of $1,000 to $2,500. Closing costs generally total 2% to 5% of the purchase price. Vermont also charges a mortgage recording tax of 0.5% to 1.5% depending on the county. Note that these are general estimates and actual 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 documents do I need to apply for a mortgage in South Burlington?
You typically need pay stubs, tax returns, bank statements, and identification. Vermont lenders also require a property appraisal and title search. Self employed borrowers may need additional profit and loss statements.
How long does the mortgage process take in Vermont?
The process usually takes 30 to 45 days from application to closing. Vermont law requires a three day right of rescission for refinances. Delays can occur if the appraisal or title work takes longer than expected.
Are there special mortgage programs for Vermont residents?
Yes. The Vermont Housing Finance Agency offers programs like the VHFA Advantage loan with down payment assistance. There are also USDA loans for rural areas near South Burlington and FHA loans for lower credit scores. Each program has specific income and property limits.