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 York before hiring.
Showing 3 mortgage brokers in Hempstead, NY
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
North Franklin Brokerage
13 N Franklin St, Hempstead, NY 11550
5165645656
Chase Mortgage
136 Fulton Ave, Hempstead, NY 11550
5164893920
Esteban Acevedo - Mortgage Loan Officer
252 Peninsula Blvd, Hempstead, NY 11550
9178470847
What Does a Mortgage Broker in Hempstead Cost?
Mortgage broker fees in New York typically range from 1% to 2% of the loan amount. Some brokers charge a flat fee between $2,000 and $5,000. Additional costs may include application fees, appraisal fees, and origination points. New York law requires full disclosure of all fees in a Loan Estimate within three business days of application. 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.
Frequently Asked Questions
What does a mortgage broker in Hempstead do?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information, shop for loan options from various banks and credit unions, and help you complete the application process. In New York, brokers must disclose all fees and compensation upfront.
How do I choose a mortgage broker in Hempstead New York?
Verify the broker is licensed through the New York State Department of Financial Services. Ask about their experience with properties in Nassau County and request a list of lenders they work with. Compare their fee structures and read client reviews before deciding.
What are the licensing requirements for mortgage brokers in New York?
New York requires mortgage brokers to pass a state exam, undergo a background check, and maintain a surety bond. They must also complete annual continuing education. You can check a brokers license status on the Nationwide Multistate Licensing System website.