Find Mortgage Refinance Companies Near You in White Plains, MD
Looking for a mortgage refinance company in White Plains? 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 Maryland before hiring.
Showing 6 mortgage refinance companies in White Plains, MD
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 refinance companies in White Plains Maryland help homeowners lower their interest rate or change loan terms. Maryland law requires lenders to provide a good faith estimate of closing costs within three business days of application. Local refinance services can guide you through the process and explain state-specific rules like the Maryland Mortgage Fraud Protection Act.
What Does a Mortgage Refinance Company in White Plains Cost?
Typical costs for a mortgage refinance in White Plains Maryland include an origination fee of 0.5% to 1% of the loan amount, appraisal fees of $400 to $700, and title insurance of $500 to $1,500. Maryland also charges a recordation tax of about $2.50 per $1,000 of the loan. Total closing costs often range from 2% to 5% of the loan principal. 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 refinance a mortgage in White Plains Maryland?
You will need recent pay stubs, tax returns, bank statements, and a copy of your current mortgage statement. Maryland lenders also require proof of homeowners insurance and a valid ID. The exact list may vary by lender and loan type.
How long does a mortgage refinance take in Maryland?
A typical refinance in Maryland takes 30 to 45 days from application to closing. Delays can occur if an appraisal is needed or if there are title issues. Maryland law does not set a specific time limit, but lenders must provide a closing disclosure at least three days before closing.
Are there any Maryland specific fees for refinancing?
Yes, Maryland charges a state recordation tax on the new mortgage, which is usually 0.1% to 0.3% of the loan amount. You may also pay a transfer tax if the property changes ownership. These fees vary by county and loan size.