Find Mortgage Refinance Companies Near You in Beverly, MA
Directory of mortgage refinance companies in Beverly, Massachusetts. 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 Massachusetts before hiring.
Showing 13 mortgage refinance companies in Beverly, MA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
A mortgage refinance company in Beverly Massachusetts helps homeowners replace their current home loan with a new one. Massachusetts law requires lenders to provide a Good Faith Estimate of closing costs within three business days of application. Local companies in Beverly understand Essex County property values and can guide you through the refinance process.
What Does a Mortgage Refinance Company in Beverly Cost?
Typical costs for a mortgage refinance in Massachusetts range from 2 to 5 percent of the loan amount. Common fees include an appraisal fee of 400 to 700 dollars, an origination fee of 0.5 to 1 percent of the loan, and title insurance costs of 500 to 1,000 dollars. Third-party costs like recording fees and credit report fees add several hundred dollars more. 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 documents do I need to refinance a mortgage in Beverly Massachusetts?
You typically need pay stubs, tax returns, bank statements, and proof of homeowners insurance. Massachusetts lenders also require a property appraisal to confirm your home value.
How long does a mortgage refinance take in Massachusetts?
A standard refinance in Massachusetts usually takes 30 to 45 days from application to closing. Delays can occur if the appraisal or title search takes longer than expected.
Are there Massachusetts laws that affect mortgage refinancing?
Yes. Massachusetts has a 3-day right of rescission for most refinances, meaning you can cancel the loan for any reason within three business days after signing. The state also limits prepayment penalties on certain loans.