Find Mortgage Brokers in Jericho, NY
Directory of mortgage brokers in Jericho, New York. Verify credentials with the state state mortgage licensing authority before hiring.
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
State Mortgage Licensing Authority of New York before hiring.
Showing 8 mortgage brokers in Jericho, 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.
Mortgage brokers in Jericho, New York, help homebuyers and homeowners find suitable loan products from multiple lenders. They are licensed by the New York State Department of Financial Services under Article 12-D of the Banking Law. Brokers can assist with conventional loans, FHA loans, and jumbo loans common in the Jericho market.
What Does a Mortgage Broker in Jericho Cost?
Mortgage broker fees in New York typically range from 1% to 2% of the loan amount. For a $500,000 home loan, this could be $5,000 to $10,000. Some brokers charge a flat fee of $3,000 to $8,000. You may also pay application fees or processing fees of $300 to $500. Costs vary by lender and loan complexity. 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 do in Jericho?
A mortgage broker acts as an intermediary between you and multiple lenders. They gather your financial information, shop for loan options, and help you complete the application process. In New York, brokers must follow strict disclosure rules under the Real Estate Settlement Procedures Act.
How do I choose a mortgage broker in Jericho?
Look for a broker licensed in New York with a valid Mortgage Loan Originator license. Check their experience with local lenders and ask about their fee structure. You can verify a brokers license on the NMLS Consumer Access website.
Are mortgage brokers required to disclose fees in New York?
Yes. Under New York Banking Law Section 590, brokers must provide a written Loan Estimate within three business days of your application. This document lists all fees, including origination charges and third-party costs.