Mortgage Brokers in Kingston, NY
Looking for a mortgage broker in Kingston? Review the directory below to compare your options.
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 14 mortgage brokers in Kingston, 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 Kingston New York help home buyers and refinancers connect with lenders and loan products. They must follow New York Banking Law and be licensed by the New York State Department of Financial Services. A local broker can offer guidance on programs like the State of New York Mortgage Agency (SONYMA) loans for first-time buyers.
What Does a Mortgage Broker in Kingston Cost?
Mortgage broker costs in New York typically range from 1% to 2% of the loan amount. This fee is often paid by the lender or split between you and the lender. Some brokers charge a flat fee of $2,000 to $5,000. Always ask for a written disclosure of all fees before proceeding. 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 does a mortgage broker do in Kingston New York?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information, shop for loan options from multiple lenders, and help you through the application process. In New York, brokers must be licensed and disclose their fees upfront.
How is a mortgage broker different from a bank in Kingston?
A bank lends its own money directly to you. A mortgage broker does not lend money; they find a lender from their network that fits your needs. Brokers can often offer more loan options than a single bank, but they charge a fee for their service.
What New York laws apply to mortgage brokers in Kingston?
New York Banking Law Article 12-D requires all mortgage brokers to be licensed by the NYS Department of Financial Services. They must provide a Mortgage Broker Agreement and a Good Faith Estimate within three business days of application. Brokers cannot charge upfront fees without a signed agreement.