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Showing 2 va loan specialists in Belmont, MA
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Fairway Independent Mortgage Corporation
First Floor, 44 Trapelo Rd 3rd Floor, Belmont, MA 02478
(617) 594-5406
fairway.com
What Does a VA Loan Specialist in Belmont Cost?
VA loan specialists in Massachusetts typically charge a flat fee between 500 and 1500 dollars for their services. Some specialists may charge a percentage of the loan amount, usually 0.5 to 1 percent. Closing costs in Massachusetts average 2 to 5 percent of the purchase price, but the VA limits certain fees. 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 are the eligibility requirements for a VA loan in Belmont?
You must meet VA service requirements including minimum active duty periods. A valid Certificate of Eligibility is needed. Massachusetts does not impose additional state-level eligibility rules beyond federal VA standards.
Are there Massachusetts specific benefits for VA loan holders?
Massachusetts offers a veterans property tax exemption for qualifying homeowners. The exemption amount depends on disability rating and income. VA loan specialists can help you apply for this benefit through the town of Belmont assessors office.