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 North Carolina before hiring.
Showing 4 mortgage brokers in Selma, NC
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
HTR Southern Properties
110 N Raiford St, Selma, NC 27576
9198798770
KS Bank
115 W Anderson St, Selma, NC 27576
9199656351
Tracy Riba, REALTOR® @ HTR Southern Properties
110 N Raiford St, Selma, NC 27576
9196370004
Susan Coombs-HTR Southern Properties
110 N Raiford St, Selma, NC 27576
9193338904
What Does a Mortgage Broker in Selma Cost?
Mortgage broker costs in North Carolina usually range from 1% to 2% of the total loan amount. For a $250,000 home loan, this means a fee of $2,500 to $5,000. Some brokers charge a flat fee of $1,000 to $3,000 instead of a percentage. You may also pay third-party costs like appraisal fees ($400 to $700) and credit report fees ($30 to $50). These costs vary by lender and loan type. 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 Selma North Carolina?
A mortgage broker acts as a middleman between you and potential lenders. They gather your financial information, shop for loan offers from different banks, and help you choose the best option. In North Carolina, brokers must provide a Good Faith Estimate of closing costs within three business days of your application.
How do I choose a mortgage broker in Selma?
Look for a broker who is licensed with the North Carolina Commissioner of Banks and has experience with local property types. Check their online reviews and ask about their fee structure. You can verify a brokers license on the Nationwide Mortgage Licensing System website.
What are the typical fees for a mortgage broker in North Carolina?
Mortgage brokers in North Carolina typically charge an origination fee of 1% to 2% of the loan amount. Some brokers also charge a processing fee of $300 to $500. All fees must be disclosed in the Loan Estimate you receive within three business days of applying.