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Showing 6 mortgage refinance companies in Milford, MA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Bay Equity Home Loans - Milford, MA
154 West St, Milford, MA 01757
(508) 473-0111
bayequityhomeloans.com
Guild Mortgage Company
409 Fortune Blvd Suite 205, Milford, MA 01757
(508) 535-6084
branches.guildmortgage.com
What Does a Mortgage Refinance Company in Milford Cost?
Typical costs for a mortgage refinance in Massachusetts include an origination fee of 0.5% to 1% of the loan amount, an appraisal fee of $400 to $700, and title insurance costs of $500 to $1,500. Third party fees such as credit report and recording fees add $100 to $300. 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 Milford Massachusetts?
You typically need recent pay stubs, tax returns, bank statements, and proof of homeowners insurance. Massachusetts lenders also require a copy of your current mortgage statement and a property appraisal.
How long does a mortgage refinance take in Massachusetts?
A standard refinance in Massachusetts usually takes 30 to 45 days from application to closing. Massachusetts law gives you a three day right of rescission after signing, meaning you can cancel the loan for any reason within that time.
Are there specific Massachusetts rules for refinancing a home?
Yes, Massachusetts has a statutory right of rescission that allows you to cancel a refinance within three business days after closing. The state also requires lenders to disclose all fees upfront in a Loan Estimate form.