Mortgage brokers in Dobbs Ferry New York help home buyers and refinancers find loan options from multiple lenders. New York law requires mortgage brokers to be licensed by the Department of Financial Services and to provide a detailed Loan Estimate within three business days of application. Local brokers understand the Westchester County real estate market and can guide you through New York specific requirements like the mortgage recording tax.
What Does a Mortgage Broker in Dobbs Ferry Cost?
Mortgage broker fees in New York typically range from 1% to 2% of the loan amount. For a $500,000 loan this could be $5,000 to $10,000. Some brokers charge a flat fee instead of a percentage. You may also pay third party costs like appraisal credit report and title insurance. New York law requires all fees to be disclosed on the Loan Estimate. This is general information 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.
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