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 New Jersey before hiring.
Showing 3 mortgage brokers in City of Orange, NJ
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
American Capital Mortgage Inc
439 Main St #102, City of Orange, NJ 07050
5163276000
Chase Mortgage
300 Main St, City of Orange, NJ 07050
9736742199
PNC Mortgage
23 Main St, City of Orange, NJ 07050
9734142010
What Does a Mortgage Broker in City of Orange Cost?
Mortgage broker fees in New Jersey typically range from 0.5% to 2.75% of the loan amount. For a $300,000 loan, this could be $1,500 to $8,250. Some brokers charge a flat fee instead, often between $1,000 and $5,000. Additional costs may include application fees, credit report fees, and origination points. These fees are usually paid at closing or can be rolled into the loan. 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 is a mortgage broker and how do they help in City of Orange?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information, shop for loan options, and help you complete the application process. In New Jersey, brokers must provide a Good Faith Estimate of closing costs within three business days of your application.
What license does a mortgage broker need in New Jersey?
Mortgage brokers in New Jersey must hold a license from the New Jersey Department of Banking and Insurance. They must also pass a background check and complete continuing education courses each year. You can verify a brokers license on the NJSBBI website.
Are there any New Jersey specific rules for mortgage broker fees?
Yes, New Jersey law limits certain fees that mortgage brokers can charge. For example, brokers cannot charge a fee for a loan that is not consummated unless they have a signed agreement. Also, all fees must be disclosed in writing before you sign any loan documents.