Madison Wisconsin offers a variety of mortgage lenders from local credit unions to national banks. Wisconsin law requires lenders to provide a Good Faith Estimate within three business days of a loan application. Many Madison lenders also offer programs for first time home buyers through the Wisconsin Housing and Economic Development Authority.
What Does a Mortgage Lender in Madison Cost?
Typical costs for a mortgage lender in Wisconsin include an origination fee of 0.5 to 1 percent of the loan amount, an appraisal fee of 400 to 700 dollars, and title insurance of 500 to 1,500 dollars. Closing costs in Wisconsin average 2 to 5 percent of the home 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
Mortgage Lenders in Other Wisconsin Cities
Altoona · Appleton · Ashwaubenon · Bayside · Beaver Dam · Beloit · Brookfield · Brown Deer · Burlington · Cedarburg · Chippewa Falls · Cottage Grove · Cudahy · De Pere · DeForest