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 Washington before hiring.
Showing 3 mortgage brokers in Redmond, WA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
LIONSCOVE
7241 185th Ave NE, Redmond, WA 98052
8554387051
Chad McDowell - Loan Officer
22635 NE Marketplace Dr Suite 140, Redmond, WA 98053
6155847828
Harmandeep Grover Motto Mortgage Reliance
8201 164th Ave NE #200, Redmond, WA 98052
2063912630
What Does a Mortgage Broker in Redmond Cost?
Mortgage broker fees in Washington typically range from 1% to 3% of the loan amount. This can include an origination fee, processing fee, and underwriting fee. For a $500,000 loan, broker costs might be $5,000 to $15,000. Some brokers are paid by the lender instead of the borrower. Always ask for a Loan Estimate that shows all fees. 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 license does a mortgage broker need in Washington?
In Washington, mortgage brokers must hold a valid license from the Washington State Department of Financial Institutions. They also need to pass a background check and complete continuing education each year under RCW 19.146.
How long does a typical mortgage process take in Redmond?
A standard mortgage process in Washington usually takes 30 to 45 days from application to closing. Delays can occur if appraisals or title work take longer. Your broker can provide a timeline based on your specific loan type.
Can a mortgage broker help with first time home buyer programs in Washington?
Yes, many brokers in Redmond are familiar with Washington first time home buyer programs like the Washington State Housing Finance Commission (WSHFC) programs. These include down payment assistance and tax credits for eligible buyers.