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 Massachusetts before hiring.
Showing 2 mortgage brokers in Rehoboth, 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.
Clary Carson Real Estate Agent
275 Winthrop St #127, Rehoboth, MA 02769
5084554728
Michaela Massey RE/MAX
224 Winthrop St, Rehoboth, MA 02769
4013382533
What Does a Mortgage Broker in Rehoboth Cost?
Mortgage broker costs in Massachusetts typically include an origination fee of 1% to 2% of the loan amount and may involve additional fees for processing or underwriting. For a $400,000 loan, total broker compensation might range from $4,000 to $8,000. Some brokers are paid by the lender through yield spread premiums, which can reduce upfront costs for the borrower. Costs vary by lender and loan program. 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 license does a mortgage broker need in Massachusetts?
A mortgage broker must hold a valid license from the Massachusetts Division of Banks. This license requires passing a background check and completing pre-licensing education. You can verify a brokers license on the Division of Banks website.
How do mortgage broker fees work in Rehoboth?
Broker fees are typically paid by the borrower or the lender and are disclosed on the Loan Estimate. In Massachusetts, brokers cannot charge fees that are not clearly stated in writing before closing. Fees often range from 1% to 3% of the loan amount.
What documents do I need to apply with a Rehoboth mortgage broker?
You will need recent pay stubs, W-2 forms, tax returns, bank statements, and identification. Massachusetts law also requires proof of homeowners insurance before closing. Your broker will provide a complete list based on your loan type.